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How bad/good is R3?

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Director
Director
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Joined: 27 Jun 2008
Posts: 539

Kudos [?]: 71 [0], given: 92

WE 1: Investment Banking - 6yrs
How bad/good is R3? [#permalink]

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New post 06 Nov 2008, 14:11
I know its better to apply earlier and its advisable to apply in R1. But, what if you cant, for multiple reasons. Where does this leave you? R3.
As an international student, is it advisable to apply in R3 or apply next year? ....blame it on the markets :@

Would you know the percentage intake in the Top10?

Thoughts/ Advice?

-Pawan

Kudos [?]: 71 [0], given: 92

Senior Manager
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Joined: 18 Oct 2007
Posts: 449

Kudos [?]: 57 [0], given: 2

Location: USA
Schools: Tepper '11
Re: How bad/good is R3? [#permalink]

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New post 06 Nov 2008, 14:47
If you are not sure you will get into the school, R3 is *not* worth taking a shot at, IMO. Cram and do R2 or wait till next year. Not only is it extremely difficult to get in on R3, but if you don't, you have to answer the question next time of "what have you done to make your applications stronger". This is difficult for most people to have done anything significant between the R3 reply date and the following year's R1 date (less than 6 months time)

Unless your name is Larry Page or Warren Buffet IV

one note regarding cramming: if you already have your GMAT done, I think it is reasonable (although stressful) to be able to prepare a good application for one or two schools in 6-8 weeks.

Kudos [?]: 57 [0], given: 2

VP
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Schools: Tuck
Re: How bad/good is R3? [#permalink]

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New post 06 Nov 2008, 14:50
From what I've gathered, R3 is very competitive. Usually 80%+ of the slots are already filled. The adcoms can afford to be very picky about who they give offers too.

You have another problem being an international student. Almost every school I've seen recommends that international student apply R1 or R2, as that gives them enough time to get their visas in order. Since the notification dates for R3 accepts is mid to late may, you might not have enough time to secure a visa before school starts.

RF
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Kudos [?]: 128 [0], given: 6

Director
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Joined: 25 Dec 2007
Posts: 523

Kudos [?]: 64 [0], given: 28

Schools: Harvard '11
Re: How bad/good is R3? [#permalink]

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New post 06 Nov 2008, 16:19
refurb wrote:
Almost every school I've seen recommends that international student apply R1 or R2, as that gives them enough time to get their visas in order. Since the notification dates for R3 accepts is mid to late may, you might not have enough time to secure a visa before school starts.

RF


That's really the key point. As an international student, applying in R3 is a bad move. Wait 10 months and apply in R1 next year.

Kudos [?]: 64 [0], given: 28

Director
Director
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Joined: 27 Jun 2008
Posts: 539

Kudos [?]: 71 [0], given: 92

WE 1: Investment Banking - 6yrs
Re: How bad/good is R3? [#permalink]

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New post 07 Nov 2008, 13:44
Thank you guys, I'll hold off this year and will try my best to apply next year, hopefully R1 - 2009.

-Pawan

Kudos [?]: 71 [0], given: 92

Re: How bad/good is R3?   [#permalink] 07 Nov 2008, 13:44
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