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I don't believe there is any one rule here that will tell you how long it will take to write the business school application. There are many variables. Is this your first application? How strong of a writer are you? How much research have you done on the school. I would think you would need at least a week of research (talking to students, alumni, etc.), two to three weeks for essay writing (brainstorming, editing, etc.) and another week on resume preparation. It's not something to be taken lightly!