terp26 wrote:
Basically the acceptance rate now is roughly 16-17% , after an invite that number is close to 40%
Yes, the lore has it that way, but given the recent dynamics in the economy and the general awareness about MBA programs and their impact on careers, one needs to do small adjustments of the traditional estimates: apparently the apps have really gone up this year.
You, guys, have a huge lot of competition so do work extra super mega hard on your essays and beyond. I think it is important to view your application as a multi-purpose tool whose parts are designated to tighten up all kinds of different 'screws' here and there. Many people write good essays, but because they do not approach the application holistically (and the adcom views it that way) their submissions turn out to be incoherent or even controversial as a result.