Harvard | Mr. French Economist
GMAT 710, GPA 15.3/20 in the French grading system 3.75-4.0/4.0 after conversion
Cornell Johnson | Ms. Healthcare Worker
GMAT 670, GPA 4
Yale | Mr. Hedge Fund To FinTech
GMAT 740, GPA 61.5
Tuck | Ms. Women-Focused Ventures
GRE 321, GPA 2.89
Stanford GSB | Ms. Independent Consultant
GMAT 750, GPA 3.5
Berkeley Haas | Mr. Bangladeshi Data Scientist
GMAT 760, GPA 3.33
Stanford GSB | Ms. 2+2 Tech Girl
GRE 333, GPA 3.95
Ross | Mr. Automotive Compliance Professional
GMAT 710, GPA 3.7
Wharton | Mr. Digi-Transformer
GMAT 680, GPA 4
Stanford GSB | Ms. Healthcare Operations To General Management
GRE 700, GPA 7.3
Chicago Booth | Ms. CS Engineer To Consultant
GMAT 720, GPA 3.31
Kenan-Flagler | Mr. Engineer In The Military
GRE 310, GPA 3.9
Chicago Booth | Mr. Oil & Gas Leader
GMAT 760, GPA 6.85/10
Stanford GSB | Mr. Seeking Fellow Program
GMAT 760, GPA 3
Wharton | Mr. Real Estate Investor
GMAT 720, GPA 3.3
Cornell Johnson | Ms. Chef Instructor
GMAT 760, GPA 3.3
Harvard | Mr. Climate
GMAT 720, GPA 3.4
Wharton | Mr. New England Hopeful
GMAT 730, GPA 3.65
Harvard | Mr. Military Banker
GMAT 740, GPA 3.9
Ross | Ms. Packaging Manager
GMAT 730, GPA 3.47
Chicago Booth | Mr. Private Equity To Ed-Tech
GRE 326, GPA 3.4
Harvard | Mr. Gay Singaporean Strategy Consultant
GMAT 730, GPA 3.3
Cornell Johnson | Mr. Electric Vehicles Product Strategist
GRE 331, GPA 3.8
Columbia | Mr. BB Trading M/O To Hedge Fund
GMAT 710, GPA 3.23
Columbia | Mr. Old Indian Engineer
GRE 333, GPA 67%
Harvard | Mr. Athlete Turned MBB Consultant
GMAT 720, GPA 3.4
Ross | Mr. Civil Rights Lawyer
GMAT 710, GPA 3.62

Why B-Schools Are Tackling Social Issues

Get solid, useful MBA application advice from Matt Symonds of Fortuna Admissions. Information includes scheduling. Learn to stand out of the pile. MBA application advice

Applications Increasing Across Business Schools

A majority of US business schools are seeing a rise in applications.

Ilana Kowarski, a reporter at US News, reports that over the past decade a majority of the 107 ranked business schools experienced an increase in applications.

According to the US News report, applications among top 10 MBA programs increased 26.9% between 2006 and 2016. Beyond the top 10, applications are increasing as well. US News reports that the average number of applications there rose 11.2% over the same period.

The University of Delaware’s Lerner College of Business and Economics had the greatest increase in applications with a 185.5% jump between 2006 and 2016.

According to Times Higher Education, a 2016 Application and Enrollment Report by the Association of MBAs (AMBA) found a net growth of 5% globally in the number of applications for AMBA-accredited programs in 2014-2015. Compare that to four years prior to 2014, when application numbers saw a decrease by 14%.

Reasons for Increase in Applications

The biggest reason for the increase in applications is the belief that an MBA will pay off as a investment and provide opportunities for prominent leadership positions.

Andrew Main Wilson is chief executive of AMBA. Wilson tells Times Higher Education that quality business education has become a crucial necessity as competition continues to grow.

“Whichever country you’re living in and working in, you’re facing global competition, and the need to be a more professional manager,” he says. “The need for the best possible business education you can afford has never been more important or desirable.”

Jack J. Baroudi is a professor and senior associate dean of academic programs at the University of Delaware. Baroudi tells US News that the increase in MBA applications reflects the “relevance of business school courses to everyday working life.”

Acceptance Rates Dropping

As demand for quality business education increases, competition grows as well.

According to US News, average acceptance rates among top 10 MBA programs dropped 2.2% between 2006 and 2016 (from 18.1% in 2006 to 15.9% in 2016). Among all ranked schools beyond the top 10, the acceptance rate fell from 48.9% to 48.1%.

Alex Min is the CEO of The MBA Exchange, an admissions consulting firm. Min tells US News that business schools can afford to raise their standards given the increase in applications. Increased competition and standards draws better talent, which makes a school more attractive to future applicants. Yet, Min also says that schools with fewer applicants could also lower their academic standards, which in turn, would make them less attractive to applicants.

To Wilson, demand for quality business education will only continue to grow, which means competition will too.

“People realize the world is not going to suddenly get a lot easier,” he tells Times Higher Education. There’s no point in waiting two or three years to see if the [economic] climate might be more favorable.”

Sources: US News, Times Higher Education

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