Yeah yeah we know, time got away from you, you had this big project at work and you just didn’t get a chance to write those essays. You’ve been busy.
Well guess what? If you are planning on making it into business school this year, ROUND 2 IS YOUR ONLY OPTION.
We have covered many times before on this blahg that Round 3 just doesn’t cut it at the top schools.
Pro Tip: If you have a question about MBA admissions – anything at all! – it’s likely covered on this site. And guess what! There’s a Search box, plus a Category view of topics, in the righthand panel on the front page where you can go find the answer! Pretty nifty, eh?
So Round 2 is where it’s at. Round 3 is just not going to happen for nearly everyone who tries. yes all schools admit somebody in Round 3 or they’d just close up shop on that entirely. But there are next-to-no spots available then. If you think it’s hard getting into bschool, then you should try in Round 3!!
(No you shouldn’t. You won’t get in. That was a joke.)
BTW, when we say “Round 3” we mean “the last round” – most schools have just three rounds. If your school has four, then translate that to “Round 4” when you read it, the same rule (mostly) applies.
Bottom line: Round 2 is already way more competitive than Round 1, in terms of numbers of apps received – at least, that’s how it’s gone for years and years, and so we assume this year will follow the same trend. It’s easier to get in during Round 1 because there’s fewer applicants to compete with (and, typically, Round 1 peeps have their act together at least marginally more than many Round 2 BSers…. not that we know anybody like that, of course!). So you already missed the “easiest” time. Are you going to sacrifice this next best opportunity you have, too?
Many schools reported an increase in apps in Round 1 this year – we are calling it the “Harvard effect” since we believe it’s been spurred at least in part by the early deadline set by HBS, which got people moving on their apps much sooner in the season, and gave more people an opportunity to apply to more schools since they were in essay-writing mode for a longer period. That’s of course a massive disadvantage with Round 2: All the deadlines are bunched up in a week-long h3ll zone. Many people don’t even get started until
December this week. Maybe there will be a YoY dip in Round 2 apps, though it appears that app volumes across the season are still likely going up. No matter what, Round 2 always gets more apps than Round 1, which is to your disadvantage over Round 1… but it’s still a totally feasible round to be trying in. The schools get lots more apps but they typically also admit the most people in Round 2. They still have plenty o’ space available.
Which will NOT be the case when Round 3 rolls around in March.
If you’re serious about bschool, NOW IS THE TIME TO APPLY.
And yeah, crazy us, we’re around all weekend if you need help.
Happy New Year, BSers! And because we haven’t posted it in awhile… a recap of your life, January 2014 to now: