And today’s post will indeed be scary.
We’ve been focusing all week on how Round 1 might go for you and what you should be thinking about in terms of whether Round 2 is going to be necessary or not, and we’ve covered a lot of territory, with a lot of “maybes” and “have you thought about this” and other words of warning that you probably didn’t want to be thinking about.
And we basically ended things yesterday with a big
One thing we can predict with 100% confidence for Round 1 this year:
In an era of uncertainty, schools tend to respond by putting applicants in limbo.
Some schools use the waitlist liberally every year. These are often schools that have somewhat lower yields and they’re very dependent on the actions of their peer schools. So for example, Yale tends to place candidates on the waitlist a lot. The SOM is a great school but when admitted to multiple schools, many BSers choose their alternatives.
UC-Berkeley is another one. They often have lots of candidates who are equally strong — and very similar. They might want to accept this one but then keep this other one (or 10) waiting in the wings, just in case first-choice BSer turns them down.
There are others who do this too, and it’s just how it has to happen so that they make sure they fill all the seats with strnog students. They know that all the applicants are now applying to gobs of schools at once and that funks up the whole equation when it’s a marketplace full of dependent variables.
If you apply to THIS school and THAT school and THIS OTHER school, and you really want to go to THAT school, and they’re the ones who waitlist you while the other two admit you outright…
And you don’t have to make any decision at all for many months, not till the deposits would be due for THIS and THIS OTHER school….
Then what you do is you get onto THAT school’s waitlist, and you wait.
And you finally decide sometime probably in March between THIS and THIS OTHER school. So you skip the deposit deadline for THIS OTHER school and you suck it up and pay the deposit on THIS school. Since you cannot count on THAT school to come through and admit you off of the waitlist.
Now THIS OTHER school has an empty spot! Huzzah for some other waitlisted wretch! THIS OTHER school pulls someone off of their waitlist, and that other person had deposited at SOME SEPARATE SCHOOL ENTIRELY, which means that that school now has a spot…
It’s like a chain of dominoes. There’s a ripple effect from each admit and acceptance and it all ricochets around the MBA universe for months and months, like a game of musical chairs.
So the good news that we’re predicting for this year is, it’s likely that when the music stops in the end — maybe March, maybe April, maybe June — that more waitlisters than usual may eventually get in.
But lordy lordy, it’s likely to be a long several months there.
(This too is why we suggest that Round 2 might be wise for many of you — even those that have been graced with more than one interview invite.)
Because you never know until you know. MBA admissions is why they invented that whole phrase about counting chickens and hatching.
Our hopes to you are beaucoup admits in a few short weeks’ time!!! Or at least one. All you need is one.
So. Now that we’ve rained on your Halloween Parade: Go out and have fun tonight, and
nurse your hangover err enjoy your candy finalize your Thanksgiving plans with your family on Thursday and Friday.
And then maybe sometime this weekend, sit down with yourself and figure out what needs to happen with your MBA apps in the coming few weeks.
Because you KNOW the time will go quickly.
And you KNOW that the holidays are now unofficially here.
If you have questions, post them in the comments, or leave them in the School Targets section in SnarkCenter, or you can hit us up for a Private Consult if you’re new to the ‘Snark and want to get some one-on-one advice for your situation.