Hey BSers! We’re reblahgging this from 2015 because dang, that was three years ago, and this info is timely for where some of you are at today!!!
And yes, we realize that those answers were unsatisfying to many of you.
“You’re telling me to WAIT, EssaySnark?? Why in heck would I want to WAIT? I procrastinated my way to this point where I missed out on my prime opportunity to apply – but now I realize that that was a mistake! Now I know that I **NEED** to go to bschool. Now I’m ready to do this thing! Why on earth would I WAIT??”
There are in fact a few other options to consider at this time of year. Here are ones for you to consider.
1. A lower-ranked program often still has openings in Round 3.
You don’t even need to go too far down the rankings to find a program that could still be open to an app from you. While we don’t encourage it, we have seen people make it into Cornell, Ross and Darden with a last-round application. If you’re even more flexible (and you have a halfway-decent profile) then a school like Georgetown or USC or Vanderbilt should be in range. It depends on your priorities, and of course on the school. We talked about some bschools where Round 3 is viable before.
2. INSEAD has multiple intakes and rolling admissions.
This means that they sometimes have openings during parts of the season when other schools are full. The more competitive candidate pools will not have the best shot in any INSEAD Round 3 but depending, again, on your profile, there could be an opportunity for you to try for INSEAD right now.
3. LBS also has four rounds – so Round 3 is possible for them.
You’re good to go with a Round 3 on any school that has four rounds. LBS is the main hold-out among top schools that still does this (besides INSEAD but they have a year-round apps, rather than the standard September/October to March/April season). NYU also now has four rounds but their schedule is more like Tuck and Duke, where they all have three deadlines in the timeframe where their peers have two. Anyway: Yes to LBS. It is definitely more competitive than their Round 2 but it’s doable, and you have some time remaining before that date hits, too.
4. Part-time programs are often not yet at capacity. Same with Executive MBAs.
These programs are often still accepting candidates through the summer, and Round 3 is nearly always still feasible. We discussed possible programs where a Round 3 app might work previously.
5. If your profile is ah-maz-ing, you could still make it into a top school.
The problem with this advice is that few people understand what “ah-maz-ing” really means. You can check out our posts here on the blahg about “the Harvard type” as a hint – you need to have a profile that’s near that caliber even if you’re trying for a school like lowly old Tuck in the last round. If you want some guidance on whether you’re all that (or not) – or just get a sense of what you should really be focusing on right now – you can go for our Late Season Strategy Review to get some help on evaluating your chances. And of course, our little booklet-thing called Everything You Need to Know about a Round 3 Application lays all of this out for you in greater detail.
The most important consideration when you’re thinking about applying now: Will it mess up your chances next season if you end up as a reapplicant? That’s a real risk (we go into all of it in the Round 3 booklet). You need to be looking at your cross-season strategy right now. It may seem like you’ve got nothing to lose to submit a bunch of apps at the tail end of the admissions season but that’s not actually how reality works. You need to consider your options carefully.
But yes, every year we see BSers squeak in under the wire in Round 3. We don’t recommend it but if you play your cards right, it can happen. Mostly we see people NOT get in, so don’t get your hopes up too terribly much – but we’re around to help if you want to do the Hail Mary!!!