pkarthik:
I am not sure your information is correct. There are two "rounds" at CBS. There is an Early Decision round with a deadline in around in late October and a Regular Decision deadline which is in the spring. However, it's important to note that the school partakes in rollings admission, so that means the admissions committee reviews your application on a first come basis and then provides you with a decision a fixed number of weeks after your submission.
If you are interested in scholarships, it is strongly advised that you apply on the early side.
Please reach out to us at
Admissionado if you are interested in consulting and application services. We work with tons of CBS applicants every year.
https://admissionado.com/free-consultation/Best,
Admissionado