Darden | Ms. Unicorn Healthcare Tech
GMAT 730, GPA 3.5
Stanford GSB | Mr. Systems Change
GMAT 730, GPA 4
Stanford GSB | Mr. Energy Reform
GMAT 700, GPA 3.14 of 4
Ross | Mr. Verbal Engineer
GMAT 710, GPA 3.3
INSEAD | Mr. Airline Captain
GMAT 740, GPA 3.8
UCLA Anderson | Ms. Packaging Manager
GMAT 730, GPA 3.47
Kellogg | Mr. Danish Raised, US Based
GMAT 710, GPA 10.6 out of 12
Stanford GSB | Mr. Navy Officer
GMAT 770, GPA 4.0
Wharton | Mr. Sr. Systems Engineer
GRE 1280, GPA 3.3
Chicago Booth | Mr. Semiconductor Guy
GMAT 730, GPA 3.3
Stanford GSB | Mr. MBB to PM
GRE 338, GPA 4.0
Harvard | Mr. Sales To Consulting
GMAT 760, GPA 3.49
Harvard | Mr. Polyglot
GMAT 740, GPA 3.65
Duke Fuqua | Mr. Enlisted Undergrad
GRE 315, GPA 3.75
Tuck | Mr. Consulting To Tech
GMAT 750, GPA 3.2
Stanford GSB | Mr. Rocket Scientist Lawyer
GMAT 730, GPA 3.65 Cumulative
Darden | Mr. Stock Up
GMAT 700, GPA 3.3
Stanford GSB | Mr. Classic Candidate
GMAT 760, GPA 3.9
Cambridge Judge Business School | Mr. Social Scientist
GRE 330, GPA 3.5
Darden | Mr. Federal Consultant
GMAT 780, GPA 3.26
INSEAD | Mr. Consulting Fin
GMAT 730, GPA 4.0
INSEAD | Ms. Hope & Goodwill
GMAT 740, GPA 3.5
Harvard | Mr. Milk Before Cereals
GMAT 710, GPA 3.3 (16/20 Portuguese scale)
Chicago Booth | Mr. Guy From Taiwan
GRE 326, GPA 3.3
Darden | Mr. Leading Petty Officer
GRE (MCAT) 501, GPA 4.0
Columbia | Mr. NYC Native
GMAT 710, GPA 3.8
Tepper | Mr. Leadership Developement
GMAT 740, GPA 3.77

Best MBA Programs For Round Three Applicants

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ANOTHER ROUND THREE ANGLE? TOP SCHOOLS WITH SLIGHTLY LOWER YIELD RATES

At first glance, HBS may seem a bit of a surprise. But the school boasts one of the largest entering cohorts of any business school, with nearly 940 in the fall class. “A client of ours visited HBS this month and was given some hope for a third round application by an admissions officer,” says Tyler Cormney, of MBA Prep School. “The admissions officer described third round as ‘filling in the gaps’ and this client’s profile is distinctive.” In fact, it was a Round 3 admit who was chosen to deliver the student address at Class Day last year.

But there’s another angle to the Round 3 angle. Dan Bauer, founder and CEO of The MBA Exchange, a leading admissions firm, says that in the past he has found that a reliable indication of the chances for Round 3 admission comes from analyzing a school’s yield and acceptance rate. “In other words, if a relatively low number of admits actually enroll, that means more seats should be open in Round 3,” says Bauer.

“And if the acceptance rate is relatively low, that means the odds for a qualified applicant are better in every round. So, drawing from stats provided by Poets&Quants, the five top-tier business schools with the most attractive (from the perspective of a R3 applicant) combination of yield and acceptance rate are UVA Darden, Michigan Ross, Yale SOM, UCLA Anderson, and NYU Stern.”

FINAL ROUND CANDIDATES WILL TYPICAL FOREGO THE OPPORTUNITY FOR SCHOLARSHIP MONEY

It also goes to reason that outside the very best schools, your chances just get better and better. “In general,” says Accepted.com Founder Linda Abraham, “non-U.S.and U.S. schools outside the ‘greater top ten” will give applicants the best shot third round. I would agree about INSEAD and LBS, Kelley, UNC, CMU Tepper, and USC Marshall. The others all are significantly harder to get into Round 3 than earlier rounds.

The successful Round 3 candidates have to be competitive at their target schools, and also show that they are going to add something extra to the class. Expressing a strong need for scholarships and grants is not a good idea in Round 3 because frequently those funding sources are gone by now. Applicants who are on the margins or who really wants funding (and I don’t mean loans) should generally wait until Round 1.”

Poets&Quants’ online survey was completed by 24 consulting firms out of 75 for a response rate of 32%. It was fielded earlier this month.

TOP BUSINESS SCHOOLS WHOSE FINAL ROUNDS GIVE YOU THE BEST SHOT

The top school in our survey? Dartmouth College’s Tuck School of Business, where nearly one in four MBA admissions consultants said gives final round candidates the best chance of admission.

 

School% RecommendedFinal Round DeadlineNotification
Dartmouth (Tuck)24%4/4/165/13/16
NYU (Stern)19%3/15/166/1/16
INSEAD19%7/27/16*9/30/16
Northwestern (Kellogg)14%4/6/165/11/16
Indiana (Kelley)14%4/15/165/31/16
London Business School14%4/21/166/22/16
Harvard Business School10%4/4/165/11/16
Columbia Business School10%4/13/16Rolling
Duke (Fuqua)10%3/22/165/6/16
Cornell (Johnson)10%3/17/164/15/16
Carnegie Mellon (Tepper)10%5/1/166/1/16
UNC (Kenan-Flagler)10%3/11/164/25/16
Texas- Austin (McCombs)10%3/31/165/12/16
USC (Marshall)10%3/8/165/27/16

Source: Poets&Quants’ survey of MBA admissions consultants  * For class entering January, 2017

DON’T MISS: 2015-2016 MBA APPLICATION DEADLINES FOR TOP BUSINESS SCHOOLS or THIRD ROUND: DO I OR DON’T I?

 

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.