For All Wharton R1 2011 Waitlisted candidates

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Calling All Wharton 2011 Business School Waitlisters

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kookie

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29 Mar 2011, 14:02

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formerlyknownas

sprk

was distraught after the re-waitlist...and googled to no end...found a link from several years back saying how wharton discouraged extra material coz if all candidates are adhering to instructions, then its fair that those not sticking by that be viewed negatively (somethin like this) and reflects candidate's judgment if he retakes gmat or sends stuff like promotion updates etc, means he wasn't ready for the app and so on (was an old link )...checked s2s forum on wharton website...read some old forum posts here too...came to the conclusion that it's better to stay put and wait...

However, this is my opinion...not that I have some hi-fi alumni sending in letters of support for me..still..

carriedinterest

I've heard conflicting reports about the benefits of submitting additional materials to Wharton over the WL period. The letter seems pretty clear about adcom not wanting additional materials, but I've heard that some successful candidates have ignored this and sent in application updates anyway. What's the consensus view here?

Posted from my mobile device

definitely getting conflicting reports. One alum who has been involved in the admissions process for years told me that additional materials do not make a difference. but i have heard claims to the contrary.

I've gathered opinions from some legitimate sources and the consensus is this.....

If you are going to send in anything extra during the WL period, make sure it's a letter from a VERY INFLUENTIAL ALUMNI supporting your candidacy (by very influential I believe anyone who gives the school a boat load of money or hires in hoards from the wharton class). Anything other than that might be damaging your chances.

Take of that what you will, but I'm staying put (I tell myself bc of principle, but having zero contacts with influential alumni probably plays a factor too).

Nevertheless, good luck to all and remember, life goes on and there is always Round 1 for 2012 intake in a few months.

jerrykid

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30 Mar 2011, 10:00

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sprk

well put CyberC...though, here's when i start praying for wharton admits to get through stanford and harvard..and for them to accept those offers ;P

I just scanned through the threads for Harvard and Stanford. I think that I saw some who are admitted at Wharton are also admitted at Harvard or Stanford. Hope that they accept those offers and leave some spots for us :D.

sprk

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30 Mar 2011, 10:17

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totally:D

been doing that too..talk about being obsessed..!prayers continue:)

jerrykid

sprk

well put CyberC...though, here's when i start praying for wharton admits to get through stanford and harvard..and for them to accept those offers ;P

AKK47

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30 Mar 2011, 10:49

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sprk

totally:D

been doing that too..talk about being obsessed..!prayers continue:)

jerrykid

sprk

well put CyberC...though, here's when i start praying for wharton admits to get through stanford and harvard..and for them to accept those offers ;P

from my understanding, Wharton intentionally accepts 10-12% more candidates than the class size is, as historically 10-12% of accepted candidates do not accept the offer. WL candidates get accepted only when more than 12% of accepted candidates do not accept the offer.

dm123

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30 Mar 2011, 15:02

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Assuming as many people will start at Wharton in fall 2011 as did last year (817) and that 90% of the class is already full. Now if Wharton hasn’t accepted any extra candidates, admits so far stand at 735 (817*0.9). The historical yield figure at Wharton is around 70%, which means 221(0.3*735) people will decline the offer.

Assuming the volume of applications received in round 3 is consistent with that of other rounds. For Wharton to find 10% of the class, 10% of the total applicants will apply in round 3, which will be 10% of 6819, or 682. And Wharton will interview 273 (40% of 682) applicants in round 3.

Therefore, total number of open spots = 817*1.43 (for 70% yield)*0.1+ 221 = 117 + 221 = 338

Total candidates waiting for a decision after round 3 interviews = 273 + people on the waitlist (221?)

Chances of getting in = 338/ 494 = 68%

But I don’t think Wharton hasn’t accepted any extra candidates. On the other extreme, for Wharton to completely account for the yield, it must accept 43% more candidates (1.43*0.7= 1).

If nothing is going to come out of the yield adjustment, which appears to be the likely case, the chances of getting in stand at (117/494) 24%

The gist of the analysis is that there are around 117 open spots and the success rate largely depends on how many candidates apply in round 3.

By the way, I’m a round 2 waitlister too.

AKK47

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30 Mar 2011, 19:30

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dm123,

lets assume that your calculations are correct. Does it mean that for all WL candidates chance getting in are 68% or 24%?
What about international candidates? Wharton reviews domestic and international candidates separately as it has to maintain certain percent of international students (i believe that the bottom line is about 33% or so). Historically, Wharton as other top business schools does not accept international candidates in R3. Does it mean that international WL candidates have higher chances getting in?

dm123

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30 Mar 2011, 20:08

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AKK47:

24% is what I'm thinking it is; however, a better way of looking at it is that it's binary for all of us on the waitlist. I made an assumption in my calculation that Wharton has put as many applicants on the waitlist as the number of applicants who will decline the offer. In essence, we are all backups for someone else in the admit list. The person who was chosen ahead of us declines the offer, and boy, we are in business.

About internationals, Adcom knows there won't be many international applicants in round 3, which makes be believe they have selected the full strength of internationals in round 1 and round 2 (33% of the class or whatever it is), because they know there won't be anymore to choose from in round 3. Therefore, the chances of getting in for internationals on the waitlist won't be any different, or rather worse than those of natives.

jerrykid

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31 Mar 2011, 00:54

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AKK47

Sad but true !

Is it likely that some of us would be re-waitlisted on May, 12th? Do they re-waitlist applicants in Round 3 or they just let us either get in or get rejected?

I wonder what would happen if some get re-waitlisted on May, 12th and continue the wait until June? How about international applicants who need visas?

I have always been wondering why Wharton waitlists so many applicants? What's the point in getting waitlisted and still getting rejected in the end?

MatGMAT7

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31 Mar 2011, 01:37

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AKK47

WL candidates get accepted only when more than 12% of accepted candidates do not accept the offer.

dm123

About internationals, Adcom knows there won't be many international applicants in round 3, which makes be believe they have selected the full strength of internationals in round 1 and round 2 (33% of the class or whatever it is), because they know there won't be anymore to choose from in round 3. Therefore, the chances of getting in for internationals on the waitlist won't be any different, or rather worse than those of natives.

My new definition of drama: Reading these quotes as Verdi's requiem (the dies irae section, to be precise) is playing through my headphones in a dangerously high volume...

Oh, if you haven't already guessed, I'm an international!

Jock4MBA

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31 Mar 2011, 05:41

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jerrykid & Sprk,

I also noticed activities on H/S boards and even some Booth/W admits who will actually enroll at Booth as they got Booth scholarships. I think last year, there was quite a bit activities on the WL in the later stage.

sprk

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31 Mar 2011, 05:49

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how would you define 'later'? Late enough for internationals already who need to begin visa processing etc. ideally by May. Late as in, R3 or summer waitlist..?

Jock4MBA

sprk

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31 Mar 2011, 06:00

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Check out last year's thread...they'd wailisted some internationals (who definitely needed visas) as well after R3:/ same questions were there last year as well..so nobody can tell better than the adcom...or maybe current students/alumni on these forums...
Also, someone did post a link to s2sforums on a previous page regarding WLs, but I don't know what one can make of it for sure...Just hang in there they say..!

jerrykid

And another entry on Wharton blog:
https://engage.wharton.upenn.edu/MBA/blo ... dates.aspx

rpratt620

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05 Apr 2011, 10:59

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Does anyone know if Wharton plans on waiting until 12 May to give decisions for waitlist, or can people be admitted before then? Does anyone here know of individuals who were waitlisted in R2 and have been admitted already?

redjam

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05 Apr 2011, 12:03

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sprk

how would you define 'later'? Late enough for internationals already who need to begin visa processing etc. ideally by May. Late as in, R3 or summer waitlist..?

I'm an R2 international admit and so far Wharton has been very quick with processing. I got my I-20 within hours of submitting my info (even though they said processing would be 3 weeks). The visa interview could be a longer process (fortunately I'm Canadian and exempt from that) but I would assume 4 weeks in the worst case. My guess would be Wharton could potentially admit as late as mid-June and still safely meet visa requirements.

Hope that helps and good luck!

sprk

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05 Apr 2011, 23:03

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Thanks for the info Redjam! fingers crossed..c'mon Wharton!

redjam

sprk

how would you define 'later'? Late enough for internationals already who need to begin visa processing etc. ideally by May. Late as in, R3 or summer waitlist..?

joaocalmeida

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06 Apr 2011, 10:09

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I'm an international waitlisted in R2, I don't know about this year but I met at lest 2 other guys that were waitlisted in R2 and got in R3 (class of 11 and 12), they had to rush with the visa, but everything turned out fine. I'm hoping for a similar fate. Good luck for us all!

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07 Apr 2011, 16:00

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does anyone know if when you withdraw from the waitlist, do you still receive a rejection letter come the may response deadline via the online system?

ww11

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10 Apr 2011, 11:24

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@joaocalmeida: are you able to shed some light on if these 2 ppl who got in from a waitlist did anything in particular (i.e. send additional letters, etc to adcom)?

Also, what are their backgrounds if you don't mind sharing?

Thanks.

joaocalmeida

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10 Apr 2011, 17:17

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@ww11 - I know they visited the school, since they hadn't done that before. One of them asked an alum for a rec letter. However, they were not sure if those things made any diference. Both from consulting (3-4y we).