erlandgas
thomkatt
it's not rolling. stern doing yield protection. no point in applying r1 when it gives no advantage. if anything, it's disadvantage because you have one less month of preparations
I'm not sure how it'd do yield protection. By only admitting top students that would actually hurt yield because they are more likely to go to M7 or T10. By admitting those who are right at or right above your average stats, WE quality, you're more likely to get people to commit to NYU.
they're not admitting top students though.
First, they look at the pool of R1 and R2 and invite local students to come visit and interview. I'm guessing this is a good way to make a connection and engage with them to hopefully both gauge their level of interest and convince them to matriculate
Next, because they can look at both pools R1 (the eager) and R2 (people who probably placed priority on M7 or better than Stern), they can see what kind of students they will be working with this year, as far as test scores/gpa/talent and figure out what's their threshold. As in, if the median GMAT score is now 720, they should invite students from around that range, rather than shooting for the moon. Admissions officers have a pretty good idea where students are applying to, and how good of a chance they have to get in. For example, you work for Goldman Sacs in NYC, have a 750 gmat and did undergrad at Ivy, you're most likely getting into CBS, Wharton, and/or Booth, all of which will be better choices than Stern.
Obviously, It's all theory by me. But I'd have to say that there's some truth to it, because this is exactly what I would do if I were Stern. And given what has transpired, I'm sure it's almost the case.