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Reapplication - wait or shoot?

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Joined: 20 Jul 2016
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Location: Russian Federation
Concentration: Entrepreneurship, Technology
GMAT 1: 780 Q51 V46
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Reapplication - wait or shoot?  [#permalink]

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New post 19 Jul 2017, 04:17
Dear friends,

Hope everything is good for all of you.

I wanted to ask question for which I haven't found a lot of answers online:

After a ding, should I apply for the second time next year (even if I understand that the improvements for my new application are not so substantial), or wait till I make significant progress for one more year?

In other words, will second application, which is not good enough, lower my chances to eventually get there (e.g. when I apply for the third time)? Or the only downside is spending $250 extra time?

Schools are SGSB and HBS.

Wish you a good day.
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Re: Reapplication - wait or shoot?  [#permalink]

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New post 19 Jul 2017, 04:26
It will lower your chances but it wouldn't mean you won't get in. Also, most people say it's crapshoot so no one can guarantee you a shoe into HBS or GSB. Personally, I think your time should be spent on honing your profile and narrative to an absolute gold before applying.

For those two schools, it's about every single part of your application (including strong letter of recommendations) that holistically ties into a good story and a strong and achieveable goal. Maybe NateFromHBS can give an insight?

I have a friend who reapplied to Wharton twice and got in on his second try. However, what changed with his application was not only WE but also how he tries his WE to his goals that are realistic. At first he aimed to continue working in consulting and hopefully land a job in the US and not his home country. This made his employability quite a risk for b-school. His second application, however, changed his goals to getting more skills in healthcare to come back and continue his family business. This change in his application, from my assumption, allowed him to get an offer.
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Re: Reapplication - wait or shoot?  [#permalink]

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New post 19 Jul 2017, 05:47
Mimster wrote:
It will lower your chances but it wouldn't mean you won't get in. Also, most people say it's crapshoot so no one can guarantee you a shoe into HBS or GSB. Personally, I think your time should be spent on honing your profile and narrative to an absolute gold before applying.

For those two schools, it's about every single part of your application (including strong letter of recommendations) that holistically ties into a good story and a strong and achieveable goal. Maybe NateFromHBS can give an insight?

I have a friend who reapplied to Wharton twice and got in on his second try. However, what changed with his application was not only WE but also how he tries his WE to his goals that are realistic. At first he aimed to continue working in consulting and hopefully land a job in the US and not his home country. This made his employability quite a risk for b-school. His second application, however, changed his goals to getting more skills in healthcare to come back and continue his family business. This change in his application, from my assumption, allowed him to get an offer.


Hi Mimster,

Thanks for looping me in. Here are my thoughts on the situation:

1. Surprisingly, most of the candidates that reach out to me are at least semi-competitive for HBS and GSB for the reason that Mimster alluded to -- it's a bit of a crap shoot at those schools. However, 9 times out of 10, the people I see in Ding Reports or who end up on the Waitlist were rejected because they either didn't tell a compelling personal narrative, or were telling the wrong personal narrative. If you have the stats to be competitive (and I can give you my assessment if you click the odds link below) you should spend all your time now getting that narrative down pat.

Image

2. Schools like GSB and HBS generally like reapplicants -- especially ones who have improved since they last applied. The challenge is that if you keep changing your narrative with each iteration (e.g. because you never really nailed it down), then the admissions committee will think that you lack focus and be disingenuous. That's one reason why re-applying may hurt your chances. That and every year over age 30 you advance lowers your chances as well.

I say go for it! Hope this helps!
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Nate


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Intern
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Joined: 20 Jul 2016
Posts: 16
Location: Russian Federation
Concentration: Entrepreneurship, Technology
GMAT 1: 780 Q51 V46
GPA: 3.9
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New post 19 Jul 2017, 07:13
Thank you for fast response. To be honest, I'm a bit confused what went wrong last time - I was sure that I was quite competitive:

1) High test scores and GPA
2) Prestigious employee (McKinsey)
3) Good personal story and essays (or at least I thought so together with my MBA consultant).

Going forward, I'm not sure what should I do.
I was thinking about applying in round 1 this year. All I can do, however, is to show some marginal improvement: try to get another reference letters and / or change my story (that would be a bit awkward, because I was sincere last time I told my story to adcoms and it haven't changed ever since).

Another option would be to wait for one year which will definitely add some sexy stuff to my story (at least I hope so).
However, if there's no particular downside for applying this year as well, why shouldn't I try it just to try.... Who knows, what if I get lucky this time? Hence the original question...

(do more attempts results in a higher probability to get in or just kill my future chances)
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Reapplication - wait or shoot?   [#permalink] 19 Jul 2017, 07:13
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