Mba Applications: Which Round Is Best?
Most MBA applications consist of three deadlines: Round 1
, Round 2, and Round 3 (some have Round 4). Basically each round has its own deadline, and in any given application year, you can only apply in one of the three rounds. You can essentially think of it as, each year, there are three unique herds of people applying to any given school. Picking which herd to be a part of does require some consideration and can be a strategic decision depending on your personal circumstances.
Benefits of Early MBA Application Assuming that you are able to complete a high quality application in time for an early deadline, it can have its benefits. Admissions committees often assume that round one applicants are more organized and serious about their applications. If you're an investment banker, consultant, engineer, or international applicant or if you have an overly complicated story, submitting your MBA application in the first round could help you. For some of these candidates, their profile doesn't stand out as much and submitting their MBA application early will improve their chances of getting noticed. Later on in the application process, admissions officers are more likely to pass over the thousandth investment banker that's applying.
Similarly, for applicants with a complicated story or international credentials, admissions committees will be more patient about taking the time to understand your application if you're the 788th application they're reading rather than the 5232nd application. Admissions officers try to be as objective, unbiased, and fair throughout the entire admissions process across all rounds, but again, they're human just like us, they get fatigued. Another benefit of submitting your MBA applications early is that the bar for admissions in Round 1 is lower at some schools because admissions committees feel more pressure to fill a certain percentage of the class going into Round 2 and 3.
Benefits of Later MBA Application One of the main advantages associated with later MBA applications is the extra time for adding credentials to your application. If you're expecting a big promotion or finishing up a big non-profit project, you may want to wait for it to be on your resume. Also, if you only recently started your job and don't yet have a strong relationship with your potential recommender it may help your application to have some extra time for that to develop.
Some MBA applicants are able to pad their applications with non-profit experience by launching a new NGO or getting involved as a board member for a non-profit. For others, they may simply need the extra few months to work on their application, which takes a lot of time and effort to create. Those applicants looking at several business schools may find that the MBA application process can become a second job for a good portion of their year.
by: Adam Abelson
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