Stanford GSB | Ms. Artistic Engineer
GMAT 730, GPA 9.49/10
NYU Stern | Mr. Military Officer
GRE In Progress, GPA 2.88
Emory Goizueta | Mr. Multimedia
GRE 308, GPA 3.4
UCLA Anderson | Mr. Commercial Banker
GMAT 700, GPA 3.3
Duke Fuqua | Ms. Account Executive
GMAT 560, GPA 3.3
IU Kelley | Mr. Construction Manager
GRE 680, GPA 3.02
Rice Jones | Mr. Back To School
GRE 315, GPA 3.0
Harvard | Mr. Healthcare Fanatic
GMAT 770, GPA 3.46
Harvard | Mr. Sovereign Wealth Fund
GMAT 730, GPA 3.55
Harvard | Mr. Smart Operations
GMAT 760, GPA 4.0
Darden | Mr. Strategy Manager
GRE 321, GPA 3.5
Ross | Mr. Airline Engineer
GMAT 730, GPA 3.73
Stanford GSB | Mr. Corporate VC Hustler
GMAT 780, GPA 3.17
Wharton | Mr. Marketing Director
GMAT 710, GPA 3.3
Ross | Ms. Healthcare Startup
GRE 321, GPA 3.51
Kellogg | Mr. Real Estate Finance
GMAT 710, GPA 3.0
Georgetown McDonough | Ms. Air Force
GMAT 610, GPA 3.8
Stanford GSB | Mr. JD To MBA
GRE 326, GPA 3.01
Harvard | Mr. MacGruber
GRE 313, GPA 3.7
Berkeley Haas | Mr. Poet At Heart
GMAT 740, GPA 3.7
Yale | Mr. Ukrainian Biz Man
GRE 310, GPA 4.75 out of 5
Darden | Mr. Former Scientist
GMAT 680, GPA 3.65
Stanford GSB | Mr. Sustainable Business
GRE 331, GPA 3.86
Wharton | Mr. Microsoft Consultant
GMAT N/A, GPA 2.31
Yale | Ms. Impact Investing
GRE 323, GPA 3.8
Cornell Johnson | Ms. Food Waste Warrior
GMAT Not written yet (around 680), GPA 3.27
Stanford GSB | Ms. Future Tech Exec
GMAT 750, GPA 3.4

Who’s Hardest Hit In This Year’s MBA App Slump

Chicago Booth Dean Madav Rajan

LESS WORRY OVER THIS YEAR’S DROP THAN THE LONGER TREND

While the depth of the MBA applicant pools at many of these schools has not yet diluted the quality of the entering classes this year, it has become somewhat easier now to get into a highly selective MBA offering. The drops have, in some cases, significantly boosted acceptance rates. At Rice’s Jones School, ranked in the top 25 for its MBA program by Poets&Quants, the admit rate jumped to 39.2% from 27.0% a year ago. The acceptance rate at Georgetown’s business school zoomed to 55.2% from 47.8%, while UT McCombs saw its admit rate go to 33.6% from 28.0%.

Even so, the bigger worry isn’t over the year-over-year drop in applications at top schools. It’s greater concern over the long-term outlook. In an interview with Poets&Quants, Chicago Booth Dean Madhav Rajan says the greater concern over the decline is over the long-term outlook as opposed to this class given the depth of quality in the applicant pool. “The class that just started has the lowest proportion of international students we have had in quite awhile,” he says. “It reflects a decline in international students and that has been true industry wide. But it is very country specific. There are some countries where you just don’t get applications because they (students) know that if they get admitted the chances of getting a visa are not that great. And even if they get a student visa, the chances of getting a job are relatively low.

“And there are other countries where if the student’s plan is to go to Booth and return to their home country they are still happy to come and do it,” adds Rajan. “So we are still seeing students from such countries as Japan and Chile, but certainly from the Middle East, Russia, and places like that we are not seeing that many applicants any more. So the pool is definitely not as broad as it used to be. At the end of the day we still end up with the right number of students and the metrics are all great. but you do worry where does this go next year. If the international tensions keep persisting and the visa problems get bigger that is something you have to worry about.”

DON’T MISS: NINE SCHOOLS BREAK $200K TOTAL COST BARRIER or FUQUA DEAN: IMMIGRATION POLICY HURTING U.S. BUSINESS SCHOOLS

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.