Last visit was: 19 Nov 2025, 02:40 It is currently 19 Nov 2025, 02:40
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
avatar
kookie
Joined: 07 Feb 2011
Last visit: 07 Jan 2014
Posts: 91
Own Kudos:
Given Kudos: 4
Posts: 91
Kudos: 19
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
jerrykid
Joined: 15 Mar 2009
Last visit: 26 Aug 2012
Posts: 136
Own Kudos:
Given Kudos: 51
Concentration: Finance, Entrepreneurship
Schools: UCLA (Anderson) - Class of 2014
GMAT 1: 710 Q49 V35
Schools: UCLA (Anderson) - Class of 2014
GMAT 1: 710 Q49 V35
Posts: 136
Kudos: 18
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
sprk
Joined: 21 Sep 2010
Last visit: 08 May 2011
Posts: 37
Own Kudos:
Given Kudos: 2
Schools:Carnegie Mellon Tepper School of Business
Posts: 37
Kudos: 1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
AKK47
Joined: 24 Mar 2011
Last visit: 19 Oct 2011
Posts: 10
Concentration: Entrepreneurship
Posts: 10
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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

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.


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.
avatar
dm123
Joined: 15 Feb 2011
Last visit: 29 May 2012
Posts: 14
Own Kudos:
Location: United States
WE:Marketing (Consulting)
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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.
avatar
AKK47
Joined: 24 Mar 2011
Last visit: 19 Oct 2011
Posts: 10
Concentration: Entrepreneurship
Posts: 10
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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?
avatar
dm123
Joined: 15 Feb 2011
Last visit: 29 May 2012
Posts: 14
Own Kudos:
Location: United States
WE:Marketing (Consulting)
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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.
avatar
jerrykid
Joined: 15 Mar 2009
Last visit: 26 Aug 2012
Posts: 136
Own Kudos:
Given Kudos: 51
Concentration: Finance, Entrepreneurship
Schools: UCLA (Anderson) - Class of 2014
GMAT 1: 710 Q49 V35
Schools: UCLA (Anderson) - Class of 2014
GMAT 1: 710 Q49 V35
Posts: 136
Kudos: 18
Kudos
Add Kudos
Bookmarks
Bookmark this Post
AKK47
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?

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?
avatar
MatGMAT7
Joined: 07 Oct 2010
Last visit: 24 May 2011
Posts: 88
Own Kudos:
Given Kudos: 6
Schools: Tepper (R2) , Johnson (R2) , Ross (R2) , Wharton (R2) , Kellogg (R2)
Posts: 88
Kudos: 8
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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!
avatar
Jock4MBA
Joined: 14 Nov 2010
Last visit: 27 Jan 2018
Posts: 239
Own Kudos:
Given Kudos: 7
Posts: 239
Kudos: 18
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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.
avatar
sprk
Joined: 21 Sep 2010
Last visit: 08 May 2011
Posts: 37
Own Kudos:
Given Kudos: 2
Schools:Carnegie Mellon Tepper School of Business
Posts: 37
Kudos: 1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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
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.
avatar
sprk
Joined: 21 Sep 2010
Last visit: 08 May 2011
Posts: 37
Own Kudos:
Given Kudos: 2
Schools:Carnegie Mellon Tepper School of Business
Posts: 37
Kudos: 1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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


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?

And another entry on Wharton blog:
https://engage.wharton.upenn.edu/MBA/blo ... dates.aspx
User avatar
rpratt620
User avatar
Current Student
Joined: 10 Dec 2010
Last visit: 03 May 2012
Posts: 239
Own Kudos:
Given Kudos: 15
Schools:<strong>Ross '13</strong>
GPA: 3.3
WE 1: Business Development / Sales
Products:
Posts: 239
Kudos: 62
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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?
User avatar
redjam
Joined: 29 Aug 2010
Last visit: 02 Mar 2012
Posts: 147
Own Kudos:
Given Kudos: 16
Concentration: Entrepreneurship
Schools:Wharton/Lauder - Class of 2013
WE 1: Project Management, Telecommunications
Posts: 147
Kudos: 41
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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!
avatar
sprk
Joined: 21 Sep 2010
Last visit: 08 May 2011
Posts: 37
Own Kudos:
Given Kudos: 2
Schools:Carnegie Mellon Tepper School of Business
Posts: 37
Kudos: 1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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..?


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!
avatar
joaocalmeida
Joined: 16 Feb 2011
Last visit: 29 Jul 2011
Posts: 15
Given Kudos: 1
Concentration: General
Schools:HBS (ding no int), Stanford (dint no int) Wharton (waitlist), Michigan (R2-admit), Kellogg (R2-admit)
WE 1: 3.5 years consulting
Posts: 15
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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!
avatar
speed0
Joined: 10 Feb 2011
Last visit: 20 May 2011
Posts: 4
Given Kudos: 1
Posts: 4
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
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?
avatar
ww11
Joined: 10 Apr 2011
Last visit: 02 Jun 2011
Posts: 4
Own Kudos:
Posts: 4
Kudos: 1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
@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.
avatar
joaocalmeida
Joined: 16 Feb 2011
Last visit: 29 Jul 2011
Posts: 15
Given Kudos: 1
Concentration: General
Schools:HBS (ding no int), Stanford (dint no int) Wharton (waitlist), Michigan (R2-admit), Kellogg (R2-admit)
WE 1: 3.5 years consulting
Posts: 15
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
@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).
avatar
ww11
Joined: 10 Apr 2011
Last visit: 02 Jun 2011
Posts: 4
Own Kudos:
1
 [1]
Posts: 4
Kudos: 1
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Final date to enroll for Round 2: May 6
   1  ...  12   13   14   15   16  ...  23   
Moderators:
GMAT Club Verbal Expert
7445 posts
GMAT Club Verbal Expert
234 posts