I've received some emails about R3 from Indian applicants and have this to say - for those of you who are overrepresented in the applicant pool, mainly Chinese or Indian, strongly recommend that you apply for 2020 J-term Round 1 in March rather than Round 3. You would only be starting B-school 3 months later. Applying R1 when there are 1000 seats available, will give you the best chances for admission. Later rounds are only for diverse applicants.