Stanford GSB | Mr. Army Man
GRE 330, GPA 3.25
Stanford GSB | Mr. Global Energy
GMAT 760, GPA 7.9/10
Chicago Booth | Mr. Indian O&G EPC
GMAT 730, GPA 3.75
Tuck | Ms. Green Biz
GRE 326, GPA 3.15
Harvard | Mr. Finance in Tech
GMAT 760, GPA 3.9
Wharton | Ms. Female Engineer
GRE 323, GPA 3.5
Foster School of Business | Mr. Tesla Gigafactory
GMAT 720, GPA 3.0
Stanford GSB | Mr. Global Innovator
GMAT 720, GPA 3.99
London Business School | Mr. CFA Charterholder
GMAT 770, GPA 3.94
Tuck | Mr. Federal Civilian
GMAT 780, GPA 3.4
Kellogg | Mr. Texan Adventurer
GMAT 740, GPA 3.5
London Business School | Mr. Impact Financier
GMAT 750, GPA 7.35/10
Kellogg | Mr. Class President
GRE 319.5, GPA 3.76
Harvard | Ms. Media Entertainment
GMAT 740, GPA 3.3
Berkeley Haas | Mr. Upward Trend
GMAT 730, GPA 2.85
Kellogg | Mr. Defense Contractor
GMAT 730, GPA 3.2
Berkeley Haas | Mr. Work & Family
GMAT No GMAT Yet, GPA 4
Berkeley Haas | Mr. Navy Electronics
GRE 316, GPA 3.24
Kenan-Flagler | Ms. Big Pharma
GRE 318, GPA 3.3
Wharton | Mr. Big 4
GMAT 770, GPA 8/10
Berkeley Haas | Mr. 1st Gen Grad
GMAT 740, GPA 3.1
Berkeley Haas | Mr. Career Coach
GRE 292, GPA 3.468
Kellogg | Mr. Indian Globetrotter
GMAT 750, GPA 4.0
Stanford GSB | Mr. S.N. Bose Scholar
GMAT 770, GPA 3.84
INSEAD | Mr. Indian In Cambodia
GMAT 730, GPA 3.33
Duke Fuqua | Mr. O&G Geoscientist
GRE 327, GPA 2.9
Wharton | Ms. Product Manager
GMAT 730, GPA 3.4

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