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crossingfingers610
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Similar to prior questions, does anyone have an idea of the accept/wl/reject percent for R1 interviewees?

Someone speculated the rate was 25%/25%/50%. If this is so, it appears that most of us were waitlisted, which implies to me that there were either fewer initial rejections for R1 or most of us are inherently coming from the "middle" of this pack of those who were interviewed ...
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I agree the WL seems staggering - not really sure what to make of it. Since I'm a born pessimist, I'm not buying the "they'll call people first and then accept them this week" theory. Still, if they're only admitting ~200 students, that seems ridiculously low for round 1.

Basic math:

Let's assume 7,000 applicants (roughly equal to last year) and a 16% acceptance rate. That means 1100 acceptances. I had assumed that most schools admit 40/40/20 in the rounds -- so that means there should be about 440 acceptances this round. Does anyone think they admitted that many students?
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Waitlist here as well. Banking/PE, 740 GMAT, 3.8 GPA from a top university.

Sounds like there's a couple theories going around already but here's my 2 cents.

I think Wharton saw the HBS admission results earlier in the week (that HBS didn't admit as many PE/finance guys as in years past) and Wharton scrambled between Wednesday and Friday to adjust their R1 admits. With all the PE guys that were expecting to get into HBS and didn't even apply to Wharton, maybe Wharton is expecting that this group will now apply in R2 and is trying to save spots for them.

Then again, even if this is true, I think the total number of PE guys at the top firms is around 60-80 and that many applicants shouldn't affect the whole class. I'd have more belief in my own theory if the Wharton waitlist pool were PE/finance heavy but I don't think that's necessarily the case. Go figure...
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waitlisted too...
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A little bit but I was dinged.

Congrats to all who got accepted. Or at least got waitlisted :-D
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oneofmany
Waitlist here as well. Banking/PE, 740 GMAT, 3.8 GPA from a top university.

Sounds like there's a couple theories going around already but here's my 2 cents.

I think Wharton saw the HBS admission results earlier in the week (that HBS didn't admit as many PE/finance guys as in years past) and Wharton scrambled between Wednesday and Friday to adjust their R1 admits. With all the PE guys that were expecting to get into HBS and didn't even apply to Wharton, maybe Wharton is expecting that this group will now apply in R2 and is trying to save spots for them.

Then again, even if this is true, I think the total number of PE guys at the top firms is around 60-80 and that many applicants shouldn't affect the whole class. I'd have more belief in my own theory if the Wharton waitlist pool were PE/finance heavy but I don't think that's necessarily the case. Go figure...

I sincerely hope that this isn't a kneejerk response to what happened at HBS. I know a lot of the people that go to Wharton are those that did not get into HBS, but I still feel Wharton has its own identity as one of the world's best schools. I would hate to think that adcom is working in HBS's shadow like this where they scramble to catch the PE folks that HBS left behind.

As you said, the number of PE guys on the fringes that were left behind are no more than 30-40 I would estimate. Not enough, I think, to change the waitlist system as much as it has this year.
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I'm doubtful that Wharton is playing second fiddle to Harvard like that. It'd be pretty pathetic if they were... Wharton is a great school that can stand on its own merits, I don't think they'd be affected by the Harvard decision. They'd only have three or four days to scramble a response, with hundreds of applicants needing decisions. It's preposterous to think they'd wait for HBS.

aak1985
oneofmany
Waitlist here as well. Banking/PE, 740 GMAT, 3.8 GPA from a top university.

Sounds like there's a couple theories going around already but here's my 2 cents.

I think Wharton saw the HBS admission results earlier in the week (that HBS didn't admit as many PE/finance guys as in years past) and Wharton scrambled between Wednesday and Friday to adjust their R1 admits. With all the PE guys that were expecting to get into HBS and didn't even apply to Wharton, maybe Wharton is expecting that this group will now apply in R2 and is trying to save spots for them.

Then again, even if this is true, I think the total number of PE guys at the top firms is around 60-80 and that many applicants shouldn't affect the whole class. I'd have more belief in my own theory if the Wharton waitlist pool were PE/finance heavy but I don't think that's necessarily the case. Go figure...

I sincerely hope that this isn't a kneejerk response to what happened at HBS. I know a lot of the people that go to Wharton are those that did not get into HBS, but I still feel Wharton has its own identity as one of the world's best schools. I would hate to think that adcom is working in HBS's shadow like this where they scramble to catch the PE folks that HBS left behind.

As you said, the number of PE guys on the fringes that were left behind are no more than 30-40 I would estimate. Not enough, I think, to change the waitlist system as much as it has this year.
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I agree with the points both of you raise. It's highly unlikely they would change the strategy just because of 40 people. The theory just made SOME sense to me in explaining both the high number of WL and the delay in announcing results until 9pm eastern time (since they'd be scrambling to reshuffle the piles). A blog post from adcom would be nice just to give some insight into the change this year.

CyberC1
I'm doubtful that Wharton is playing second fiddle to Harvard like that. It'd be pretty pathetic if they were... Wharton is a great school that can stand on its own merits, I don't think they'd be affected by the Harvard decision. They'd only have three or four days to scramble a response, with hundreds of applicants needing decisions. It's preposterous to think they'd wait for HBS.

aak1985
oneofmany
Waitlist here as well. Banking/PE, 740 GMAT, 3.8 GPA from a top university.

Sounds like there's a couple theories going around already but here's my 2 cents.

I think Wharton saw the HBS admission results earlier in the week (that HBS didn't admit as many PE/finance guys as in years past) and Wharton scrambled between Wednesday and Friday to adjust their R1 admits. With all the PE guys that were expecting to get into HBS and didn't even apply to Wharton, maybe Wharton is expecting that this group will now apply in R2 and is trying to save spots for them.

Then again, even if this is true, I think the total number of PE guys at the top firms is around 60-80 and that many applicants shouldn't affect the whole class. I'd have more belief in my own theory if the Wharton waitlist pool were PE/finance heavy but I don't think that's necessarily the case. Go figure...

I sincerely hope that this isn't a kneejerk response to what happened at HBS. I know a lot of the people that go to Wharton are those that did not get into HBS, but I still feel Wharton has its own identity as one of the world's best schools. I would hate to think that adcom is working in HBS's shadow like this where they scramble to catch the PE folks that HBS left behind.

As you said, the number of PE guys on the fringes that were left behind are no more than 30-40 I would estimate. Not enough, I think, to change the waitlist system as much as it has this year.
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fyi, one W admit that will likely decline the offer and go to LBS instead: the-london-business-school-2011-thread-95964-480.html#p837758
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yups thats me......i will also free up some $$ along with the seat :)....all the best to all waitlists still waiting
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Ding.

Disappointing result. I thought I had a strong application.
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Updated the rollcall - 111 reported applicants in R1 - from the people who reported their decision -
17 admits
12 dings
42 waitlisted
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staind
Updated the rollcall - 111 reported applicants in R1 - from the people who reported their decision -
17 admits
12 dings
42 waitlisted

Based on this summary there is a 15%+ acceptance rate - isn't that the usual acceptance rate?
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For everyone's benefit, the following are the stats for last year's R1:

Round 1 GMATClub Stats:
Total Applicants: 80
Class of 2012: 0
Interview Invites: 49
Admits: 16
Waitlist: 14
Dings: 22
Unknown: 30
Deadline: 10/1/2009
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staind
Updated the rollcall - 111 reported applicants in R1 - from the people who reported their decision -
17 admits
12 dings
42 waitlisted

I had a look at the spreadsheet upfront. I think the problem is that there are quite a few people with incomplete information. A more relevant stat for us right now is looking at those who have interviewed. Out of 111 reported R1 applicants, there were 81 who interviewed (in fact 4 of the dings in the numbers above were from people who have not interviewed).

Interviewed = 81
Admits = 17
Dings = 8
Waitlisted = 42
Unreported = 14

Based on previous years about 40% of those interviewed receive admits from Wharton (43% P&Q says). So instead of ~30-35 admits there are at the moment only 17. Of course, 14 people haven't reported their final decision - a relatively large number. If all those people received an admit, then the numbers do fall in line with Wharton's admit rate from previous years.

I may be missing something here in my analysis, but I don't think it quite works to look at the spreadsheet because of missing information. Overall, I would say that based on general discussions on GMAT club and BW and assessments from Sandy on these forums, it just 'feels' like the waitlist is overloaded this year and we don't really know why.
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Another waitlisted here. Was WL last year as well. I added myself to the spreadsheet. Definitely agree that this year there seem to be a ton more waitlists than expected. Hopefully we'll get some info this week...or it will be a long wait until March.
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long-time lurker - this forum has been extremely helpful, thanks to all. sorry for the late addition (traveling). admit -IB & PE. best of luck to those on the WL.
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