Tag Archives: which round
January 4, 2017
Deciding in which round you should submit your MBA application can cause a lot of stress, as each seems to have its own pros and cons. As numerous business schools have second-round deadlines eminently, you …
Deciding in which round you should submit your MBA application can cause a lot of stress, as each seems to have its own pros and cons. As numerous business schools have second-round deadlines eminently, you might like to take a look at how the admissions team at the UCLA Anderson School of Management—whose R2 deadline is January 5th— views the pluses and drawbacks of each application round.
Here are just a few of the points made by the UCLA Anderson AdCom on the subject:
Applying in Round One
Pros: Applying early shows you’re serious about going to business school. In the case of UCLA Anderson, you have the best shot at merit-based fellowship funds in the first round. If you don’t get accepted in the first round you still have time to apply to other programs in Round 2.
Cons: Least amount of time to properly prepare for the GMAT/GRE. Also, the time factor may not allow enough time for you to pull together a high-quality application.
Applying in Round Two
Pros: Applying in this round allows you ample time to visit the school and make a convincing argument about fit based on those experiences on campus.
Cons: Competition is fierce as this is the most popular round. If you don’t get accepted, you may not have time to apply anywhere else this cycle.
Applying in Round Three
Pros: The final round offers the most time to continue enhancing your profile with promotions at work or deepen volunteer commitments that show off your well-rounded personality. You’ll also have time to re-take the GMAT or GRE multiple times if needed to get your score in a competitive range.
Cons: A capped class size makes this by far the most competitive round as there are fewer spots available in the class. You will likely be compared against many other individuals on the waitlist from earlier rounds.
The truth is that the admissions committees know what they are looking for. They have become pretty good at estimating numbers, and evaluating and accepting applicants that fit their criteria. The best strategy is not to play the game of which round, but to submit your application as soon as, but not until, it is ready.
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September 23, 2016
Applying to a top-tier business school is a time of high anxiety for many MBA hopefuls. With such fiercely competitive admission rates, it’s only natural that candidates might feel vulnerable about their chances. Plus, going for …
Applying to a top-tier business school is a time of high anxiety for many MBA hopefuls. With such fiercely competitive admission rates, it’s only natural that candidates might feel vulnerable about their chances. Plus, going for an MBA is a huge and expensive decision, so how do you know if the school you’re targeting will be right for you?
In a recent update to the Admission Director’s Blog at the University of Michigan Ross School of Business, Director Soojin Kwon shared the reflections of several second-year Ross Student Ambassadors who were in your shoes not that long ago. Their experiences should help calm any fears or concerns you have about the application process in general and, in particular, about choosing to apply to the Ross School.
Here are some key excerpts from Kwon’s post:
Applicant Fear #1: “I wasn’t sure that Ross and Ann Arbor would be as diverse as other schools/cities I was considering.”
Kwon: Nearly a third of our students come from outside of the U.S., with India, Brazil, China and Peru as our leading international countries. Within the U.S., the state with the highest representation at Ross is California. The metro area where the most students lived prior to Ross is New York, followed by Washington, D.C.
Our entering class has worked in a wide range of industries – from consulting, banking, marketing, and startups to the military, education, nonprofit, healthcare/pharma, tech, law and hospitality. They’ve worked in 340 different organizations including the Kenya Ministry of Health, the Turkish Treasury, the National Geospatial-Intelligence Agency, NBCUniversal, Time Warner Cable, Coach Inc, and Coca-Cola.
Women comprise 40% of our entering class. Minorities comprise 24%.
As far as Ann Arbor goes, it may surprise you to know that we have more restaurants and independent bookstores per capita than any other city in the U.S. It’s been ranked among the most educated city in the U.S.
Applicant Fear #2: “I heard mixed messages about which round to apply in. Obviously, it worked out in the end, but I was worried I’d hurt my chances if I applied in one round vs another.”
Kwon: Chances are, you have an idea of which school is your top choice. Let’s call it “School A.” You submit an app to School A in Round 1. Your app to Schools B and C are nearly ready but you decide to wait until Round 2 to submit those apps. In the months following your Round 1 submission to School A, you visit the campus of Schools B and C. You connect with students and alumni of those schools. You fall in love with School B and decide that that school is your new top choice. (We see this a LOT.)
You resolve to submit a killer app for School B in Round 2. In December, you find out from School A you’re admitted. Great! School A requires you to submit a non-refundable enrollment deposit in February…before you find out if you’re admitted to your new top choice school. Now you have to either (1) put money down to hold your spot at School A or (2) take your chances on being admitted to School B. We frequently see applicants choose Option 1.
The moral of this story: if you’re close to being ready to submit an app for several schools, you should strive to submit them in the same round.
It’ll give you the benefit of being able to make a decision with all your options laid out at once. Of course, you should apply when your application is as strong as it can be. But if your app is ready for one school, chances are, you’re probably close to being ready for another school. The main difference is generally only the essays.
The Ross admissions director also shares advice on handling low GMAT/GRE scores, enlightens applicants who are unfamiliar with what Michigan Ross is “good at,” and reveals why you don’t need to devote an excessive amount of effort to answering the Ross essay questions.
Read Soojin Kwon’s complete post, and with any luck, you’ll feel much more relaxed about the whole process…well, at least a little bit!
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March 17, 2016
To apply or not to apply in the final round, that is the perennial question. Harvard Business School‘s Director of MBA Admissions and Financial Aid, Dee Leopold, recently gave a crystal-clear answer…for college seniors, at …
To apply or not to apply in the final round, that is the perennial question. Harvard Business School‘s Director of MBA Admissions and Financial Aid, Dee Leopold, recently gave a crystal-clear answer…for college seniors, at least.
“If you are a college senior who has the bandwidth to complete an application, I think that you should,” Leopold says, noting that there’s really no downside risk other than missing out on the last weeks of college life to prep for the GMAT or GRE.
“The worst that can happen is that you get turned down to the very small 2+2 Program. Many current students at HBS found themselves in that situation, went out and joined the work world, and reapplied successfully,” she adds.
As for candidates with a few years of work experience under their belts, Leopold acknowledges the third round is more complicated since most of the seats in the Class of 2018 have already been taken and it may be difficult to get a visa.
Despite those potential challenges, the director clears up a few myths that may be keeping qualified candidates from considering Round 3. Contrary to popular wisdom, needs-based financial aid is just as available for last-round applicants as it is for Round 1 admits.
If you do apply and are not successful, rest assured you can reapply in the future with absolutely no negative repercussions.
One plus of Round Three is the quick turnaround time between interview invitations going out and final decisions coming down. Invites will be sent by April 20th at noon, and your fate will be revealed on May 11th.
As always, we at SBC suggest candidates submit only once they feel their application is as strong as possible. If you apply in the final round, do make use of the optional essay to explain why you waited so that the admissions committee doesn’t come to the conclusion that this is just a last-ditch effort after failing to receive an admit at another MBA program in an earlier round.
“We ALWAYS admit people from Round 3,” Leopold says. “And they are always very wonderful.”
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Image credit: Visionello (CC BY-NC 2.0)
March 10, 2016
Round 3 deadlines are nearly upon us, and while the final round is the biggest gamble of the application cycle, schools have that round for a reason and use it to admit those stellar students that add something really special to their classes.
“We actually enjoy round three,” Dee Leopold, managing director of MBA admissions and financial aid at Harvard Business School, once told the Wall Street Journal. “It takes a certain amount of confidence to apply then. Those applicants march to their own drum, and we would never want to miss them.”
You should definitely use the required or optional MBA admission essays to explain to the admissions committee your reasons for waiting until the third – or final – round to apply. You don’t want anyone to jump to the conclusion that you are using round three as a last-ditch effort to get into business school in the fall after receiving rejections from other schools in earlier rounds.
Standing out from the pack is imperative, and never more so than when applying later in the game. As I mentioned in this US News blog post, if you want to do well in the admissions process, you have to communicate who you are, not just what you do.
That said, some schools offer students a better shot in the final round than others. According to a recent article in Poets and Quants, Dartmouth’s Tuck School of Business is the most final round-friendly, followed by NYU Stern School of Business, INSEAD, and Northwestern’s Kellogg School of Management.
The MBA admissions blog at Tuck School recently published a post on the realities of applying in Round 3, complete with anecdotes and advice from three recent graduates who applied in the April round (as it’s known at Tuck).
Finally, it’s important to have a Plan B in case things don’t go your way. You can always apply to a set of schools in round three knowing there is a good chance you will need to reapply to them and add in some new ones next season.
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Image credit: Paulo Wang (CC BY-NC-SA 2.0)
February 25, 2016
Everyone has an opinion about submitting your MBA application in Round 3—including us here at SBC—and a lot of the conversation circles around how competitive it is and how scarce spots are. While it may …
Everyone has an opinion about submitting your MBA application in Round 3—including us here at SBC—and a lot of the conversation circles around how competitive it is and how scarce spots are.
While it may seem only candidates who are also Olympic athletes, chess champions, or have scaled Mount Everest stand a chance, the reality is there is always a spot for a great applicant in the final round. That’s why the schools have one!
The MBA admissions blog at Dartmouth’s Tuck School of Business recently published a useful post on the realities of applying in Round 3, complete with anecdotes and advice from three recent graduates who applied in the April round (as it’s known at Tuck).
Key takeaways from the post include using the optional essay to explain why you waited until the final round; making sure you share something unique about yourself with the admissions committee that will differentiate your candidacy; and obviously, only applying when your application is as strong as it can possibly be.
The good news is that applicants in Tuck’s final round still have a shot at a scholarship, can join a pre-term program with everyone else, and can definitely get a room in the dorms because the housing lottery happens in June.
If things don’t work out this season, the Tuck admissions teams says, “Have a plan B. While you may not get the outcome you hope for, the process will no doubt teach you something about yourself and help guide your next steps.”
In our experience, Round 3 is far and away the most difficult round for MBA applicants. A lackluster application will most certainly find its way to the reject pile, so be strategic when deciding the best time to apply for you.
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