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Opportunity Cost of Better GMAT Score vs. R1 Application

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Palladin
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Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   17 Jul 2019, 14:04
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Could you tell me which of the following is a better option and why?
My target is Fall 2020 intake and I aim for the top 20 B-Schools in US.

  • Take GMAT by the 2nd week of August, get 720 in it and apply for R1 B-School deadlines that are in mid-September 2019.
  • Skip R1 deadlines, take GMAT by September/October, get 750 in it and apply for R2 B-School deadlines that are in January 2020.
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MBAPrepCoach
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Re: Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   17 Jul 2019, 14:53
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Palladin the advantage of round 1 is in no way going to offset the importance of having the most competitive GMAT possible and the best applications possible. get started now because GMAT scores do not usually go to plan. you need at least 2 months of totally uninterrupted time on the applications.

Palladin wrote:
Team

Could you tell me which of the following is a better option and why?
My target is Fall 2020 intake and I aim for the top 20 B-Schools in US.

  • Take GMAT by the 2nd week of August, get 720 in it and apply for R1 B-School deadlines that are in mid-September 2019.
  • Skip R1 deadlines, take GMAT by September/October, get 750 in it and apply for R2 B-School deadlines that are in January 2020.
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MG4MBACrystalBall
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Re: Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   17 Jul 2019, 21:53
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Palladin, I would echo the thought that R1 is important but never at the cost of a sub-optimal application. Read here on the difference between R1 and R2.
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Palladin
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Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   Updated on: 18 Jul 2019, 04:39
MBAPrepCoach and MG4MBACrystalBall, thank you for your response.

I am from an over-represented candidate pool. I am hence wary of R2 applications.
Given my profile, I have more chance to get into a B-School if I apply in R1 rather than R2.

I intend to apply for at least 6 B-Schools.
Since I am a working professional, I am not sure whether I can handle those many applications within a month.

Originally posted by Palladin on 18 Jul 2019, 02:08.
Last edited by Palladin on 18 Jul 2019, 04:39, edited 1 time in total.
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MG4MBACrystalBall
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Re: Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   18 Jul 2019, 03:35
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Palladin, 6 apps in a month is definitely a stretch. If you are going to sprint, a better approach would be to get cracking now, in parallel to GMAT prep, if you can. Or else throw in programs that have mid-Oct sort of deadlines in the mix.

Good luck with the upcoming 'sprint' and do reach out for any help.

Cheers,
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Re: Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   18 Jul 2019, 18:52
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If you are over-represented or not, a better GMAT would be meaningful in optimizing your odds. Round 1 is not that favorable (in some case, it doesn't matter).

That said, if you'd like to toss one or two in Round 1, it would be good to learn the ropes at the worst, and give you something to fall back on if you do get in.

Palladin wrote:
Team

Could you tell me which of the following is a better option and why?
My target is Fall 2020 intake and I aim for the top 20 B-Schools in US.

  • Take GMAT by the 2nd week of August, get 720 in it and apply for R1 B-School deadlines that are in mid-September 2019.
  • Skip R1 deadlines, take GMAT by September/October, get 750 in it and apply for R2 B-School deadlines that are in January 2020.
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MBAPrepCoach
MBA Admissions Consultant
Joined: 24 Mar 2015
Status:MBA Admissions Consultant
Affiliations: MBA Prep Coach
Posts: 3700
Own Kudos [?]: 1425 [1]
Given Kudos: 570
Location: United States
Farrell Nelson: MBA
Schools: Insead Sept19 Intake HEC Sept19 intake IMD '20 Kellogg '21 CBS '21 LBS '21
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Re: Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   21 Jul 2019, 01:22
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Palladin

Well aware that round 1 is best for overrepresented candidates but NOT AT THE COST OF APPLICATION QUALITY. And even if the testing goes to plan, as it rarely does, 6 applications written in one month is just unlikely to lead to a good result. If you don't spend the proper time on the applications, applying to Round 1 is what i call speeding up the rejection process.

Palladin wrote:
MBAPrepCoach and MG4MBACrystalBall, thank you for your response.

I am from an over-represented candidate pool. I am hence wary of R2 applications.
Given my profile, I have more chance to get into a B-School if I apply in R1 rather than R2.

I intend to apply for at least 6 B-Schools.
Since I am a working professional, I am not sure whether I can handle those many applications within a month.
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Palladin
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Re: Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink] New post   22 Jul 2019, 09:28
Thank you for your insight, MG4MBACrystalBall, BeenThere and MBAPrepCoach.
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Re: Opportunity Cost of Better GMAT Score vs. R1 Application [#permalink]
22 Jul 2019, 09:28

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