This post is still accurate as of 2016 - however THE COMMENTS ARE NOT! Things have gotten so competitive now that we would not be as dismissive of someone with "only" a 710 GMAT score these days. Unfortunately the world has changed.
A few weeks back, we discussed reasons why a Round 1 application to a top MBA program is generally a very good strategy. But what about the times when it’s not? There are in fact several situations where a Round 1 application may not be best for you. The main one? If you’re not ready….