Stanford GSB | Mr. Equal Opportunity
GMAT 760, GPA 4.0
HEC Paris | Mr. Indian Entrepreneur
GMAT 690, GPA 2.1
Stanford GSB | Mr. Unrealistic Ambitions
GMAT 710, GPA 2.0
Chicago Booth | Mr. Community Uplift
GMAT 780, GPA 2.6
UCLA Anderson | Mr. Worldwide
GMAT 730, GPA 3.1
Stanford GSB | Mr. Classic Candidate
GMAT 760, GPA 3.9
Darden | Mr. Education Consulting
GRE 326, GPA 3.58
Wharton | Mr. LatAm Indian Trader
GMAT 720, GPA 3.5
Wharton | Mr. MBB to PE
GMAT 740, GPA 3.98
Darden | Mr. Stock Up
GMAT 700, GPA 3.3
Harvard | Mr. MBB Aspirant
GMAT 780, GPA 3.7
Harvard | Ms. Finance
GMAT 760, GPA 3.48
Harvard | Mr. Soldier Boy
GMAT 720, GPA 3.72
Cornell Johnson | Mr. Angel Investor
GMAT 700, GPA 3.20
Rice Jones | Mr. ToastMasters Treasurer
GMAT 730, GPA 3.7
Kellogg | Mr. MBB Private Equity
GMAT TBD (target 720+), GPA 4.0
Said Business School | Ms. Creative Planner
GMAT 690, GPA 3.81 / 5.0
Stanford GSB | Mr. Wedding Music Business
GMAT 710, GPA 3.7
Harvard | Mr. Big 4 Auditor
GMAT 740, GPA 3.55
Harvard | Mr. Software PE
GMAT 760, GPA 3.45
Harvard | Mr. First Gen Consultant
GMAT 710, GPA 4.0 (First Class Honours)
Stanford GSB | Mr. MBB/FinTech
GMAT 760, GPA 3.7
Stanford GSB | Mr. Break Into Buy-Side
GMAT 780, GPA 3.6
Harvard | Mr. Perseverance
GMAT 730, GPA 3.7
Stanford GSB | Mr. Politics Abroad
GRE 332, GPA 4.2/4.3
MIT Sloan | Mr. Canadian Banker
GMAT 720, GPA 3.7
Harvard | Ms. Fintech To Tech
GMAT 740, GPA 3.54

Have MBAs Lost Interest In I-Banking?

student_filling_out_her_mba_application

Should You Apply in Round 1?

 

Talk about a loaded question! If you apply in the first round, you’re competing against the top candidates. In round two, where adcoms receive the most applications, your candidacy could easily get lost. And round three? With most seats filled, good luck finding financial aid here.

Well, that’s the popular opinion for each round of the application process. But it doesn’t necessarily reflect unique factors that can help or hobble your candidacy according to a recent article in U.S. News and World Report. Here, Paul North, Michigan State’s Paul North, who heads the full-time MBA program’s admissions and marketing team, admits that the first round competition “is strong.” However, popular perception is not necessarily reality.

First, low grades or test scores aren’t automatically the kiss of death. For example, a high GMAT will generally offset any concerns about a middling GPA says Andre Gill, who heads admissions and outreach for the MBA and M.S. programs at the University of Colorado’s Leeds School of Business. Gill adds that there are other attractive attributes besides scores. “I tell them to apply early within the process. Gill tells U.S. News. “Explain to us why your GPA is not as high,” pointing to areas like work experience and technical experience. By applying early, applicants can always discuss their academic performance with adcoms – and have time to re-take the GMAT if it’s advantageous.

When it comes to financial aid, “the earlier the better” still rings true. For example, Gill admits that first two rounds are when Leeds has the most money available. And Lisa Shatz, assistant dean for MBA programs at the University of Texas-Dallas’ Jindal School of Management, reinforces the point. With the school’s deadline for scholarships being March 1st, she notes that any aid after that point “becomes whatever’s available.”

If an applicant is looking to pursue a joint degree, applying early is also a sound strategy. For example, Gill points to situations where students may be accepted into one program and not the other. By submitting a first round application, candidates have more time to adjust their plans in case they don’t get everything they want.

In the end, the best advice on when to apply comes from Gill, who offers one rule. “[Apply] when you’re ready.”

Source: U.S. News and World Report