bsd_lover
I'm with you on this one. A few years ago Stanford averaged 720 odd. That has come down now. A really high GMAT average makes the applicant pool that much more self-selecting, making the overall selectivity come down (as less people apply). Overall selectivity and yield are also criteria in some rankings.
ryguy904
sarzan
Also, Yale SOM might be boasting of its new GMAT average stats in order to attract more UE applicants.
I think that this might deter more applicants than anything else...
I don't necessarily agree with that - unless we also see a decrease in applicant # increases at Stanford relative to other top programs.
The decrease in avg GMAT could just go to show that Stanford (or top business schools in general) do not place that much emphasis on GMAT past a certain point - especially if a school is already solid in the rankings, they probably care a lot more about other parts of the application that indicates potential for future success, impact on society, blah blah etc.