{"id":27263,"date":"2015-01-23T03:00:53","date_gmt":"2015-01-23T10:00:53","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2015\/01\/mba-news-third-round-applicants-get-a-second-look\/"},"modified":"2015-01-23T03:00:53","modified_gmt":"2015-01-23T10:00:53","slug":"mba-news-third-round-applicants-get-a-second-look","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/mba-news-third-round-applicants-get-a-second-look\/","title":{"rendered":"MBA News: Third-Round Applicants Get a Second Look"},"content":{"rendered":"<div><a href=\"https:\/\/gmat.kaptest.com\/wp-content\/uploads\/2015\/01\/mba-news-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-4245 \" alt=\"mba-news 3\" src=\"https:\/\/gmat.kaptest.com\/wp-content\/uploads\/2015\/01\/mba-news-3.jpg\" width=\"187\" height=\"259\" \/><\/a><\/p>\n<p>Is it too late to send your MBA applications in the third round?<\/p>\n<\/div>\n<p>From a possible silver lining for third-round MBA applicants, to how Chinese proverbs may identify problems in U.S. MBA education, to bragging rights about startups, here\u2019s the latest in MBA news from media outlets around the world.<\/p>\n<h4>Third-round may no longer mean third-rate<\/h4>\n<p>The conventional wisdom about applying to business school has long been that the early bird catches the worm, but is it time to rethink that idea? Applying third round used to send a not-so-subtle message that you may be, well, a procrastinator, and it\u2019s also been said that third-round applicants are at a distinct disadvantage to those who apply earlier since most spots\u2014and scholarships\u2014are already gone by that point. (<a href=\"https:\/\/poetsandquants.com\/2014\/12\/06\/b-schools-embrace-third-round-candidates\/\">Poets &amp; Quants<\/a>) However, some business school admissions officers are saying that third-round applicants these days are unconventional but appealing. (<a href=\"https:\/\/www.wsj.com\/articles\/b-schools-embrace-last-minute-candidates-1417650156\">The Wall Street Journa<\/a>l)<\/p>\n<h4>There\u2019s a new ranking category in town<\/h4>\n<p>It\u2019s no secret that business schools like to have bragging rights over other business schools in categories like job placement, salary, and alumni giving, but there\u2019s a new category in town that business school rankings are competing for: the most startups launched among alumni. (<a href=\"https:\/\/www.wsj.com\/articles\/the-newest-b-school-brag-alumni-startups-1417647144\">The Wall Street Journal<\/a>)<\/p>\n<h4>Location, location, location<\/h4>\n<p>Not sure whether to attend a U.S.-based business school or one overseas? The best question to ask yourself is still the age old, \u201cWhere do I want to live and work after graduation?\u201d (<a href=\"https:\/\/www.usnews.com\/education\/best-graduate-schools\/articles\/2014\/12\/05\/decide-between-a-top-us-global-mba-program?int=95a608\">U.S. News &amp; World Report<\/a>)<\/p>\n<h4>Traveling with tech<\/h4>\n<p>It is increasingly difficult for aspiring MBA students to take off for long periods of time to study, but technology-enabled distance learning is helping some time-strapped managers find a solution. (<a href=\"https:\/\/www.businessbecause.com\/news\/mba-distance-learning\/2956\/new-technology-enables-lifestyle-learning-for-mbas\">BusinessBecause<\/a>)<\/p>\n<h4>Shorter doesn\u2019t always mean better<\/h4>\n<p>An increasing number of business schools are getting creative\u2014and some might say less demanding\u2014in terms of the personal information they want applicants to share with them. Some business schools have slashed the number of personal essays they require prospective students to submit, while others have cut down on the word count. One just asks you to state your post-graduate goals in a tweet-like blurb. The takeaway, however, is this: while this may sound simple, shorter does not always mean easier. In fact, it\u2019s often the other way around. Coming up with a concise, compelling statement can pose a challenge. (<a href=\"https:\/\/www.forbes.com\/sites\/mattsymonds\/2014\/12\/07\/there-are-no-shortcuts-to-any-place-worth-going-why-applying-to-business-school-should-be-easier-but-not-easy\/2\/\">Forbes<\/a>)<\/p>\n<h4>A global business world means global MBA programs<\/h4>\n<p>The business world and the MBA programs that produce many of its top leaders face similar challenges and opportunities, writes the dean of <a href=\"https:\/\/www.mbs.ac.uk\/\">Manchester Business School<\/a>. Learn, adapt, change, and stay current. (<a href=\"https:\/\/www.thenational.ae\/business\/economy\/business-world-and-business-schools-face-similar-challenges-and-opportunities\">The National<\/a>)<\/p>\n<h4>The latest on business schools in China<\/h4>\n<p>One American business school professor who has also taught in China, says we can learn a lot about what ails U.S. MBA education from a few Chinese proverbs. (<a href=\"https:\/\/www.businessweek.com\/articles\/2014-12-05\/business-school-doesnt-prepare-mbas-to-compete-with-china\">BusinessWeek<\/a>)<\/p>\n<p>Speaking of China, we have an update for you on that story we shared <a href=\"https:\/\/gmat.kaptest.com\/2014\/10\/20\/mba-news-for-prospective-students\/\">back in October<\/a> about corruption among China\u2019s top business schools. Fines are rolling in, and lots of people are going to be paying them. Time to read some proverbs. (<a href=\"https:\/\/www.ft.com\/intl\/cms\/s\/2\/650471e8-70db-11e4-85d5-00144feabdc0.html#axzz3LKH1iD00\">The Financial Times<\/a>)<\/p>\n<p><i>What stories making MBA news interest you? Share your comments with your fellow aspiring MBAs below, and get your dream school experience started with a <\/i><a href=\"https:\/\/bit.ly\/FreeGMATPT\"><i>free GMAT practice test<\/i><\/a><i>.<\/i><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/gmat.kaptest.com\/2015\/01\/23\/mba-news-third-round-applicants-get-a-second-look\/\">MBA News: Third-Round Applicants Get a Second Look<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/gmat.kaptest.com\">Kaplan GMAT Blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is it too late to send your MBA applications in the third round? From a possible silver lining for third-round MBA applicants, to how Chinese proverbs may identify problems in&#8230;<\/p>\n","protected":false},"author":120,"featured_media":0,"comment_status":"closed","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,558,243,940],"tags":[],"class_list":["post-27263","post","type-post","status-publish","format-standard","hentry","category-gmat","category-kaplan-blog","category-blog","category-gmat-prep-gmat","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/27263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/120"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=27263"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/27263\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=27263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=27263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=27263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}