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reaper1
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Will admissions be more competitive next year because of the layoffs? 16 Jan 2023, 17:03
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Tech has been seeing mass layoffs recently. With this in mind, will next year's applications be more competitive? That has me concerned.
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TheIvyLeagueEdge
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Will admissions be more competitive next year because of the layoffs? 16 Jan 2023, 22:13
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reaper1
Tech has been seeing mass layoffs recently. With this in mind, will next year's applications be more competitive? That has me concerned.
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There are things that you can do absolutely nothing about,
This includes your growing age,
The change in the competitive scenario due to external circumstances, and so on

Regardless, you should give your very best at every application attempt, so that you increase not just your chances at Admissions, but also bump your chances at Scholarship.
Choose your programs well, Plan well, get good mentors and execute better.
Put in the very best you can, because whichever school you go to, will shape the rest of your life.
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MyMBAPath
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Will admissions be more competitive next year because of the layoffs? 17 Jan 2023, 10:33
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It's been a common truth that during recessions, full-time MBA programs, at least in the US, see an increase in applications.

But here is the thing. What exactly would you do differently if your admissions odds were let's say 20% vs. 35%?

Worrying about your odds is a useless activity. If you want to be a successful candidate, you need action.


If you are applying to a highly selective MBA program this year, time is on your side. There are eight glorious months until Round 1, months you can fill with action. Just don’t waste it in busywork. 

Activity is asking the forums “How competitive will next year be”. Action is taking steps to actively build your leadership profile and creating the most competitive candidacy you can, based on your assets.

Activity is preparing for the GMAT or GRE. Action is scheduling the actual exam and showing up – with enough time to retake if your first score disappoints you. 

You get my gist. The time to take action is now. Best of luck!
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Will admissions be more competitive next year because of the layoffs? 17 Jan 2023, 11:44
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reaper1:

It's possible there are a few more applicants this coming year than in the recent past. The said could have been said about the Covid-19 pandemic for the 2020-2021 application season and, going back, the 2008-2010 Great Recession stretch.

As noted above, you can't do anything about it other than to delay your own application. If you have flexibility in your career path and want to wait another year, that could theoretically help (if you are making the same assumptions), but you also don't know if it could get worse for some reason. Application trends vary year to year and, as noted above, sometimes in dramatic fashion.

Something also to note particular to the circumstances surrounding tech, is that many tech/VC/startup folks don't tend to be high on the MBA as finance and consulting people would do during economic downturns. So, it's possible, they seek other types of employment rather than pursuing a graduate degree. That might mitigate your concerns about a huge influx of applicants this year.

-Admissionado