gmat2k17 wrote:
Harshet wrote:
From the top of my head, I think i remember reading the inerview invite rate was 23%. Could be wrong...
I guess that's wrong cuz Insead's acceptance rate is touted at 30-40%. A school which gives out average GMAT so proudly will also specify acceptance rate proudly if it were lower than 20%, suggesting that Insead doesn't have a low acceptance rate. Insead is right in maintaining a higher acceptance rate taking in candidates from as many countries as possible by compromising acceptance rate and thereby positioning itself as Business School for the World.
Now, if interview acceptance rate is 50% as suggested by many, then their interview invite rate could be in the range of 60-80% - I believe that it is in the range of 50-60%.
But again, all of the above is my educated guess and could be wrong.
Thanks for the insight.
But If I try to reverse engineer this -
For every 100 applicants, 60 would get invited for an interview (taking the lower limit as per your estimate)
Of the 60 getting an interview invite, 30 would get an admit.
So essentially for every 100 applicants, 30 would get an admit. (i.e. 30%)
Now considering an INSEAD intake has 550 to 600 seats, with a 30% acceptance rate, the total applicants would be anywhere between 1800 to 2000. That's too low surely?
I personally think that the acceptance rate etc. are numbers that don't really matter, especially in the first round. Although I have to admit, I'm equally guilty of overthinking about these parameters.
With no one from India having heard yet, I guess we will find out only next week. The productivity at work is going to suffer a massive hit. It's either going to be a very happy Diwali or an extremely disappointing one.