I actually had a couple of questions about those class profile statistics if someone can be helpful enough to answer:
1. Since schools usually provide a class profile so we know what the median GMAT and average GPA numbers are, do those stats show admitted or enrolled students?
For example a 10-15 ranked school may have a higher median GMAT score and GPA if they are showing the stats of admitted students. People who are applying for the top 10 schools most likely also apply couple of 10-15 schools as backups. As a result, the GMAT score and GPA of those schools are higher because once everyone enrolls, the ones with 730+ GMAT scores have a higher chance of getting into a top 10 school and thus are more likely to attend a top 10 school over the 10-15 school. On the other hand, those with GMAT scores under 700 are more likely to enroll in the 10-15 ranked school because that school was probably their target/dream school. These two behaviors combined would lower the median GMAT and GPA numbers of that year's class.
So while the median GMAT score for a 10-15 school might be 700-720, the class profile for enrolled students will probably be lower (if the class profile does indeed show stats for admitted students). The implications of this would be if someone "only" had a 690 and the median score for the school is 710, he/she might think others in the school are smarter than him/her, when in fact, he/she might be the average all along. (I know GMAT and GPA scores don't necessarily translate to intelligence but it's how bschools judge us so we'll just go along with it.) Therefore, the applicant shouldn't feel discouraged to apply to these schools even though his/her scores might be a bit lower that what the score shows on the class profile page.
2. My second question is that do the "minority" statistic count international students? For example, if a school has 20% minorities and 39% international students, does the 20% count 20% of the 61% (American students)? Or does the 20% count the entire 100% (American and international students combined). Some pages put "US minorities" so I would assume that means minorities who are also American but I feel like it's still unclear. This probably has zero impact but I was curious nonetheless.