[Cliche Question] Chances in Round 2

Question

Hello Folks,

I know there's a lot of blogs and posts about the chances of admit in R2. But I couldn't find a convincing answer to this question.

I couldn't submit my app in R1 for the T10-15 schools. I am currently targeting to submit my app in R2.

Would my chances of admit (with a scholarship) decrease in Round 2?

Have to choose between submitting in R2 vs waiting for another year.

Posted from my mobile device

GSBCoach · Answer

The short answer is that the difference is usually marginal. 
There might be a slight advantage in submitting in R1, but if waiting for R2 means you will be submitting a stronger application - wait for R2.

MBAPrepCoach · Answer

I will say that for HBS, MIT and GSB and above all CBS (rolling admissions) if you are overrepresented, its really ideal to submit R1. For HBS and GSB there are no "merit" scholarships - its all need based - but for other schools, earlier is better for scholarships. That said, application quality is more important. Give consideration to what another year would add or even subtract from your profile as you think about possible promotions, stories about hard-results projects that recommenders can narrate, other quantifiable achievements, community leadership, and hobbies you can write about. If you have 3 years you might wait but if you have 5 years and targeting HBS/GSB you might go for it because they lean toward younger applicants. In sum, its a balancing act and there are many variables to look at when thinking about R2 vs R1 next year. Application quality is paramount but early bird kind of gets the worm with super competitive schools, all things equal.

naven

Hello Folks,

I know there's a lot of blogs and posts about the chances of admit in R2. But I couldn't find a convincing answer to this question.

I couldn't submit my app in R1 for the T10-15 schools. I am currently targeting to submit my app in R2.

Would my chances of admit (with a scholarship) decrease in Round 2?

Have to choose between submitting in R2 vs waiting for another year.

Posted from my mobile device

ExpertsGlobal · Answer

Hello  naven ,

Thanks for your query.

There is a drop in acceptance rates in Round 2. However, we do not think you should worry about it too much especially if you feel like you have a strong application in place anyway. Whether you should wait until the next year would depend on various factors - age, years of experience, and what more you will really add in the next 6-8 months to your overall profile.

Hope this helps.

All the best!

MBAGuide · Answer

naven  hope this finds you well

Yes, your chances would reduce somewhat, especially if you are part of an over-represented population. If you aren't, the difference is negligible. If you have a generally balanced overall profile and have worked hard on your application, you should apply with a positive mindset. You won't know the outcome unless you take action. Having said that, there is no one correct response to this topic because your profile (growth trajectory, future potential), Test performance, and the quality of your essays are the most important predictors of your success at top 10-15 institutions. Without the specifics of your profile, one can only presume the best.

Best wishes

MBAbot · Answer

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[Cliche Question] Chances in Round 2

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