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Round 3 Admission rate

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Intern
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Joined: 25 Oct 2018
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New post 26 Oct 2018, 12:34
Hello All!,

I am new to the Forum and have a question for you all.

I have recently started studying for the GMAT and don't have a reasonable amount of time to get everything together for the January application deadlines. So I planned on taking it end of Jan early Feb to give myself more study time. There is a Round 3 deadline in April for most of the Schools I would like to apply to (CBS, NYU, Wharton, Booth, Kellogg, Haas, Anderson).

I know you need to stand out in the last round so I'm obviously not going to apply unless I score 700+ on the GMAT (easier said than done) and I feel my resume is pretty strong. I have been working in Corporate Finance for 5 years (mostly FP&A but also Stress Testing & 2 promotions) in 2 large S&P 500 companies in NYC, Tokyo, & San Diego.

So my question is....is it worth it to apply in Round 3? I know it probably has a lower acceptance rate in Round 3 but is it impossible? Does anyone know the acceptance rate for Round 3 deadlines?

I know I could always wait another year and apply Round 1 next year but in my current situation starting school in Fall of 2019 would be more than ideal.
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New post 26 Oct 2018, 12:48
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Hi. This is a common question and you can search for it. Even our simliar topics BOT found a few similar discussions. In general R3 is a weird round. By that time 80-90% of the programs are probably filled and this is just an opportunity for some late bloomers or those who somehow missed the first few rounds. For the top programs, it is barely anything. At the same time, they will take unique and strong candidates. It is definitely POSSIBLE but ODDS are against R3 applicants.

You can go to the decision tracker and open a school you are interested in - e.g. Ross and see it in 2017 (Class of 2020).
R1 - 69 Admitted
R2 - 62 Admitted
R3 - 1 Admitted
https://gmatclub.com/forum/ross-196/dec ... acker.html


For McCombs:
R1: 55
R2: 38
R3: 0

https://gmatclub.com/forum/mccombs-203/ ... acker.html
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Re: Round 3 Admission rate  [#permalink]

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New post 26 Oct 2018, 14:35
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Hi, u4gotboutdray01 I would strongly advise against it - at that point, they are just looking to round out the class with highly diverse candidates or sometimes, candidates with very, very high GMAT scores to bump up their average (bc ranking.)

u4gotboutdray01 wrote:
Hello All!,

I am new to the Forum and have a question for you all.

I have recently started studying for the GMAT and don't have a reasonable amount of time to get everything together for the January application deadlines. So I planned on taking it end of Jan early Feb to give myself more study time. There is a Round 3 deadline in April for most of the Schools I would like to apply to (CBS, NYU, Wharton, Booth, Kellogg, Haas, Anderson).

I know you need to stand out in the last round so I'm obviously not going to apply unless I score 700+ on the GMAT (easier said than done) and I feel my resume is pretty strong. I have been working in Corporate Finance for 5 years (mostly FP&A but also Stress Testing & 2 promotions) in 2 large S&P 500 companies in NYC, Tokyo, & San Diego.

So my question is....is it worth it to apply in Round 3? I know it probably has a lower acceptance rate in Round 3 but is it impossible? Does anyone know the acceptance rate for Round 3 deadlines?

I know I could always wait another year and apply Round 1 next year but in my current situation starting school in Fall of 2019 would be more than ideal.

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Joined: 11 Mar 2014
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New post 30 Oct 2018, 05:19
Laws of probability say that you will very likely not make it :)

R1 next year- focus only on GMAT right now.
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Joined: 07 Nov 2018
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Re: Round 3 Admission rate  [#permalink]

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New post 07 Nov 2018, 17:43
While less people gets in in 3th round also few people apply and usually less prepared.
If you have a strong application you should go for it! If you have doubts about a particular program try to chat with current students and alumni.
If you don't have friends in the schools you are applying you can connect with second year students and alumni of the tob b-schools at mymbacircle. com

Best of luck with your application!
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Re: Round 3 Admission rate  [#permalink]

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New post 17 Nov 2018, 21:27
I asked about applying Round 3 and most of the current students suggested applying Round 1 or 2 the following year over Round 3. Though you may want to check Round 3 stats for your prospective school - NYU, for example, admits a decent number of candidates R3.
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Re: Round 3 Admission rate &nbs [#permalink] 17 Nov 2018, 21:27
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