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Application// Reapplying advice!

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1 KUDOS received
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Joined: 06 Dec 2012
Posts: 13

Kudos [?]: 1 [1], given: 1

Concentration: International Business, Finance
Application// Reapplying advice! [#permalink]

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New post 12 Mar 2017, 04:47
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Hi everyone,

need an advice concerning application for MBA at HBS and Stanford. I have an option to apply now in R3 for both schools and in the worst case to reapplying R1 for the 2018 intake? Do you think its better to wait and to apply later in R1 2018(intake) or to apply now in R3 2017 intake and then once again in the worst case in R1 2018 intake? Would applying twice negatively affect my chances in R1 2018 intake? Thanks in advance.

Profile:

Professional: Graduated in 2012, since then have been self entrepreneur, 3y+ managing small Branding Agency, 1y Investment into real estate project.
Leadership: team leader at school championships in chess and economics; board member at student union.
Academic Record: B.S. in Business Administration from german university(within 2.5 years) 1,8/5,0 comparable to GPA 3.6, Dean's Award 5% of the class, State scholarship holder.
non-german B.S. in Industrial Engineering 2y(non-finished), GPA: 3,9 GMAT: 710 P:92% Q: 51 V:34
Uniqueness: international background, from Az-an, volunteered for 4 years in Total, former National Chess Champion,(teen ages), math/economics tournaments accomplishments, CFA,
Schools you are targeting: TOP US and UK Business Schools, not sure if MS. in Finance or MBA would be the most correct decision.
Career goals: Venture Capital.

Kudos [?]: 1 [1], given: 1

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MBA Admissions Consultant
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Joined: 25 Jan 2010
Posts: 1037

Kudos [?]: 222 [0], given: 220

Re: Application// Reapplying advice! [#permalink]

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New post 12 Apr 2017, 20:11
Hi vugi:

I would wait until round 1. It's only a few more months and your chances – of course – will be much, much greater.
Let's walk through this by weighing the pros and the cons.

Pros:
    At face value, you get 2 chances to get into Harvard or Stanford. This is better than the 1 chance you will have by not applying round 3, and only applying in a subsequent round 1.

Cons:
    In reality, you really only get 1 chance - even if you apply in round 3. This is because there are hardly any seats left at either Harvard or Stanford in round 3. In fact, one of my clients (who got into Stanford GSB) told me that whenever the rest of the class finds out that one of their classmates got in and around 3, everyone stands up and claps (in the classroom). That should tell you something.
    Traditionally, the onus is on you to demonstrate how your candidacy has improved since last applying. The problem is that since last applying, only a few months has elapsed. Will you have done anything noteworthy from round 3 to the subsequent round 1 (should you not get in round 3)? I hope so.
    The reality is that if you apply round 3 and do not get in, you are putting yourself behind the ball in a subsequent round 1.

This is the math that I would do if I were you. Don't waste your time and money applying round 3 to these two schools, just wait a little bit and apply round 1.

Respectfully,
Paul Lanzillotti

quote="vugi"]Hi everyone,

need an advice concerning application for MBA at HBS and Stanford. I have an option to apply now in R3 for both schools and in the worst case to reapplying R1 for the 2018 intake? Do you think its better to wait and to apply later in R1 2018(intake) or to apply now in R3 2017 intake and then once again in the worst case in R1 2018 intake? Would applying twice negatively affect my chances in R1 2018 intake? Thanks in advance.

Profile:

Professional: Graduated in 2012, since then have been self entrepreneur, 3y+ managing small Branding Agency, 1y Investment into real estate project.
Leadership: team leader at school championships in chess and economics; board member at student union.
Academic Record: B.S. in Business Administration from german university(within 2.5 years) 1,8/5,0 comparable to GPA 3.6, Dean's Award 5% of the class, State scholarship holder.
non-german B.S. in Industrial Engineering 2y(non-finished), GPA: 3,9 GMAT: 710 P:92% Q: 51 V:34
Uniqueness: international background, from Az-an, volunteered for 4 years in Total, former National Chess Champion,(teen ages), math/economics tournaments accomplishments, CFA,
Schools you are targeting: TOP US and UK Business Schools, not sure if MS. in Finance or MBA would be the most correct decision.
Career goals: Venture Capital.[/quote]
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Kudos [?]: 222 [0], given: 220

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