Hello,
Amid the COVID-19 outbreak, I have been reading multiple posts and watching many videos that suggested that the number of applications for the Fall 2020 and future MBA application seasons are expected to spike dramatically (as was the case in the years following the Dot-Com bubble and the Financial Crisis of 2008-2009). Assuming that the application volume increases significantly in the upcoming MBA application seasons, it seems logical that the competition becomes more cutthroat since more applicants are vying for the same number of spots. However, I was wondering whether the increased volume leads to the following trends for MBA applications during times of high volume:
1.) Increased median GMAT scores for top 15 U.S. MBA schools? (e.g. Is it likely that H/S/W have their median GMAT increase by 10 points? Or their middle 80% range shift upwards by a large margin?)
2.) Increased levels of ORMs relative to other demographics?
3.) Does an event like this hit certain candidates harder than other candidates? (e.g. Less impact on higher caliber candidates in a pool compared to the ones with an average profile)
4.) What types of candidates are most affected by an event like this? Least affected? (e.g. Less negative for candidates who are applying to the top 15 than those applying to top 50)
5.) And finally, how long are these higher levels of applications sustained? (I understand that it depends on the situation, but is there a general range e.g. 2-3 years?)
Thank you.