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# 3rd Round - what are the chances?

### If it comes down to 3rd round this year OR apply next year, what would you choose?

You may select 1 option
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Senior Manager
Joined: 05 Jul 2010
Posts: 353

Kudos [?]: 53 [0], given: 17

3rd Round - what are the chances? [#permalink]

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23 Sep 2010, 20:50
I am planning to apply in few of the top 10 MBA schools - Booth, Kellogg, Wharton, Harvard and Sloan. I am starting pretty late due to a lot of personal commitments, but I have decent profile and I believe I can get into one of these if I try hard.

I am planning to give my GMAT next month. After that I won't be able to focus on MBA application for 1 more month; again personal commitments. So I looking to start working on essays, resume and recommendations starting Dec 1st.

I don't think I can finish all applications by then. I am planning to apply in any 1 or 2 (at max) of these in 2nd round and rest 3-4 in 3rd round.

I am wondering if 3rd round has any scope? Any suggestion for me, how can I approach this year? I have a Bachelor + 5yrs work ex. I don't want to give up

Kudos [?]: 53 [0], given: 17

Manager
Joined: 31 Aug 2010
Posts: 189

Kudos [?]: 35 [0], given: 33

Location: Atlanta, GA
WE 1: 3 years for major bank
Re: 3rd Round - what are the chances? [#permalink]

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23 Sep 2010, 23:02

Kudos [?]: 35 [0], given: 33

Senior Manager
Joined: 05 Jul 2010
Posts: 353

Kudos [?]: 53 [0], given: 17

Re: 3rd Round - what are the chances? [#permalink]

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24 Sep 2010, 05:13
Lol... Sorry for the background. Perhaps I shd have stick to the question. Sorry.

Point is, seems like 4-5yrs work ex is avg. I was just wondering if waiting another year wd reduce my chances further. As it seems like schools are starting to prefer young crowd!

If I had just 3yrs work ex, applying next yr was a no brainer.

Posted from my mobile device

Kudos [?]: 53 [0], given: 17

Current Student
Joined: 12 Jun 2009
Posts: 1837

Kudos [?]: 274 [0], given: 52

Location: United States (NC)
Concentration: Strategy, Finance
Schools: UNC (Kenan-Flagler) - Class of 2013
GMAT 1: 720 Q49 V39
WE: Programming (Computer Software)
Re: 3rd Round - what are the chances? [#permalink]

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24 Sep 2010, 06:19
wats ur gmat and ethnic background? if you are "regular over applied background" then i say no chance 3rd round. if you are really unique then prob some chance. there's still like 2 months till end on 2nd round... i think you can try get couple sneak in 2nd
_________________

Kudos [?]: 274 [0], given: 52

Manager
Joined: 17 Aug 2009
Posts: 221

Kudos [?]: 17 [0], given: 18

Re: 3rd Round - what are the chances? [#permalink]

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24 Sep 2010, 06:59
Yeah, you should try to push in atleast 2 schools for round II.

Kudos [?]: 17 [0], given: 18

Current Student
Joined: 31 May 2010
Posts: 587

Kudos [?]: 88 [0], given: 57

Location: United States (NY)
Concentration: Finance, Economics
GMAT 1: 780 Q50 V47
GPA: 3.14
Re: 3rd Round - what are the chances? [#permalink]

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24 Sep 2010, 07:35
abhicoolmax wrote:
I am planning to apply in few of the top 10 MBA schools - Booth, Kellogg, Wharton, Harvard and Sloan. I am starting pretty late due to a lot of personal commitments, but I have decent profile and I believe I can get into one of these if I try hard.

I am planning to give my GMAT next month. After that I won't be able to focus on MBA application for 1 more month; again personal commitments. So I looking to start working on essays, resume and recommendations starting Dec 1st.

I don't think I can finish all applications by then. I am planning to apply in any 1 or 2 (at max) of these in 2nd round and rest 3-4 in 3rd round.

I am wondering if 3rd round has any scope? Any suggestion for me, how can I approach this year? I have a Bachelor + 5yrs work ex. I don't want to give up

One thing to consider for applying to any schools 3rd round is how they treat reapplicants. For example, HBS treats reapplicants as new applicants (you have to do a new complete app and your prior app isn't looked at) as I understand, so getting dinged R3 won't affect your R1 app next year, if necessary. OTOH, for a school like CBS, which only asks for 1 more rec and 1 essay explaining how you've improved as an applicant, I think getting dinged R3 will hurt your R1 app the next year because it will only have been a few months between apps and so it's tough to tell a compelling story of how you've improved.

Regardless, R3 is a long shot for any top school. Try to get as many done for R2 as possible.
_________________

Kudos [?]: 88 [0], given: 57

GMAT Club Legend
Affiliations: HHonors Diamond, BGS Honor Society
Joined: 05 Apr 2006
Posts: 5926

Kudos [?]: 2195 [0], given: 7

Schools: Chicago (Booth) - Class of 2009
GMAT 1: 730 Q45 V45
Re: 3rd Round - what are the chances? [#permalink]

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24 Sep 2010, 10:13
If you can get things done reasonably well by round 2 go for it, but I would advise against round 3, and if the choice is really between "rushing" for round 3 and being extremely well prepared for round 1 next year, then definitely wait.

Sending in a half-baked application in any round is a bad idea, but to send a half-baked app in round 3 is just a waste of money.

Moreover, as others have pointed out, if R3 fails it might be difficult to craft much of an improvement by R1 next year.

Kudos [?]: 2195 [0], given: 7

Senior Manager
Joined: 05 Jul 2010
Posts: 353

Kudos [?]: 53 [0], given: 17

Re: 3rd Round - what are the chances? [#permalink]

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24 Sep 2010, 19:55
Thanks all for your replies. You guys are right, I will perhaps avoid round 3. I will try to apply for 2 of my fav in round 2 this year and will see if I can really put together a really convincing app for 1 more for round 3, if not I guess next year!

Btw, have you guys seen anybody with a little bit above avg profile getting in by applying for round 3?

Kudos [?]: 53 [0], given: 17

Senior Manager
Joined: 05 Jul 2010
Posts: 353

Kudos [?]: 53 [0], given: 17

Re: 3rd Round - what are the chances? [#permalink]

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24 Sep 2010, 20:06
shaselai wrote:
wats ur gmat and ethnic background? if you are "regular over applied background" then i say no chance 3rd round. if you are really unique then prob some chance. there's still like 2 months till end on 2nd round... i think you can try get couple sneak in 2nd

No GMAT yet, but I believe I can get past 700 for sure. Well let's see. Giving end of month next month.

Yeah, I am from over applied background. I am not sure about regular, "I think" should be above regular, well def don't think it's unique though ... Not yet!

Kudos [?]: 53 [0], given: 17

Re: 3rd Round - what are the chances?   [#permalink] 24 Sep 2010, 20:06
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# 3rd Round - what are the chances?

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