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Every MBA program as its own timeline and number of rounds. Though most have 3, some have more, and almost all of them operate on a different schedule. Some schools, like HBS, have their first round deadline set as early as September 4. It is imperative that as an MBA applicant, you do not force yourself into a later round because you were disorganized or unprepared. However, waiting to apply during a later round can also be a strategic move. Here at Write Track, we have broken down the most commonly used 3 Round Process for you!
(Acceptance rates by round. Limited sampling of GMAT Club Users. Source: https://poetsandquants.com/2015/12/19/how-acceptances-rates-vary-by-round/)
MBA Round 1
Applying during the first round exemplifies just how serious you are about a particular school. It implies that you have planned on attending the school, and believe your request for their consideration is strong. Statistically, first round applicants see the highest chance of acceptance, as schools typically take the largest percentage of applicants from the round 1 pool, which is also most often smaller than the round 2 pool. According to a former Duke Fuqua Admissions Committee Member:“In the end, there are more slots available in round one and more opportunities to be placed on the waitlist if that’s the route the admissions committee decides to take”.So first round applicants have identified their top choices and are prepared to submit their application before the majority of other applicants do. Write Track Recommendation: If you have a great GMAT score, solid Letters of Recommendation, and a unique profile, or you identify as a weaker candidate that wants all the advantage possible… APPLY ROUND 1!