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Hi all - I am posting this on behalf of a friend who is applying to few schools this year. He completed applications to Wharton, Harvard and Kellogg in R1. He is applying to Stanford in R2 (He felt his essays were not strong enough for R1, hence wants more time to work on Stanford essays).
If he does get accepted by one of the schools in R1, can he wait until he knows his application status from Stanford in R2? Apologies if something like this has already been discussed, please refer to a link if this is so already.
Your inputs are highly appreciated!
His profile in brief:
Indian, Male GMAT - 740 (Q-51, V-38) GPA - not GPA based, in top 5% of engineering class Bachelors of Engg in Electronics & Communication 1 year as derivative analyst. 2 years in supply chain (healthcare). After this he started a healthcare manufacturing company in India with over 120 employees. Long-term goal - Establish a large scale healthcare products manufacturing company in India and also work towards VC space in Healthcare.
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Upon being accepted, the schools will want him to pay a deposit by a date that will most likely be before R2 notifications are sent. He could always pay that deposit and forfeit it if he gets accepted into Stanford in R2. I think deposits are in the range of $3k - $6k.