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($) Coronavirus and the MBA: What have we heard about waitlists?

June 1, 2020 by EssaySnark Leave a Comment

Not all schools are created equal.

While all schools reacted the same (eventually) in March by closing campus and sending students home, and all schools have kept students off campus for the remainder of Spring and through Summer, that’s about where the commonalities end.

How they’re handling things now is a crapshoot and it depends on so many factors, including largely the political reality of the place where the school is located.

The fact is that yes — despite the very real dangers — the schools want and need students back on campus. The schools are in trouble financially, and having on-campus classes is seen as the way out of their crises.

You keep hearing news in the media about risk to schools going belly-up and closing if they can’t get students back in the classroom. Then, it seems like in the very next article, there are lamentations about how students won’t come back even if the campus is open.

Can you go off of what you’re reading in newspapers? Sort of, maybe, but not entirely. That’s because the reality of business school economics is different from higher ed as a whole which usually means “college” and undergrads. And, so much of this is regional, and dependent on whether it’s an urban or suburban or rural location, and many many other factors.

Basically the message to all of you is don’t believe everything you ready in the hyped-up media world. (That’s a good caveat to keep in mind generally as you move through life!) A lot of the hand-wringing about how higher ed is going to collapse is concerned with the undergrad experience and all of these college kids who were supposed to be getting their 4-year degrees. It’s not that those factors don’t apply to the MBA. It’s just that it’s different.

So, given all that, what’s happening so far with the business school admissions and what have we heard about waitlists for those hoping to start their MBAs this coming Fall? Here’s what we had shared about three weeks ago on scenarios being entertained by a selection of universities and let’s talk today about what trends we’re seeing at a handful of top MBA programs at this point in time.


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Let’s dig into some known facts and yeah a little hearsay about current admissions trends at universities and MBA programs.
 
 

 
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The media is hyping up the damage being done to higher ed, and that is part of the picture, absolutely. However, some universities are seeing very stable demand, as manifest by actual undergraduate deposits coming in, and that signals a strong situation for the schools to be filling their MBA classes, too.

 
Update: This discussion continued here – what to do if you’re on a waitlist in the era of coronavirus

 
 
 
 

Coronavirus and the MBA

  • Coronavirus: What will this new world look like as a student? (posted in April 2020 – discusses the online aspect and what it is like to get a virtual education for the MBA)
  • Coronavirus: Fall scenarios being attempted by various universities

 

 

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Filed Under: waitlist/deferred decision

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From a BSer January 2020:
"love the guide books!"


CLASS OF 2023 MBA APPLICATION STRATEGY GUIDES

     
    The 2020 Berkeley-Haas MBA Application Guide - updated for the Class of 2023 application!
SnarkStrategies Guide for Berkeley Haas - refreshed and updated, with brainstorming exercises and structured maps to help you focus your stories!
   
    The 2020-2021 NYU Stern MBA Application Guide that covers the main essay, the EQ Endorsement and Pick Six!
SnarkStrategies Guide for NYU - discusses your requirements for the Class of 2023 essays!
   
    The 2020-2021 Columbia MBA Application Guide
SnarkStrategies Guide for Columbia Business School for 2020-2021 applications
   
    The 2020 Harvard MBA Application Guide - completely overhauled and updated for the coronavirus era!
SnarkStrategies Guide for Harvard Business School!
   
    The 2020-2021 Duke Essay Guide - covers the 25 Random Things essay and all the rest too!
SnarkStrategies Guide for Duke Fuqua - up to date for the current season!
   
    The 2020-2021 MIT Essay Guide covers the org chart, the contacts for two references, and additional tips for the cover letter and 'introduce yourself' video -- and everything else you need to know!
SnarkStrategies Guide for MIT Sloan MBA - totally revised for the Class of 2023!
   
    The 2020-2021 Tuck Essay Guide has been refreshed with latest insights and advice for your essays about "investing generously" and "why Tuck"!
SnarkStrategies Guide for the Dartmouth Tuck MBA - completely overhauled for 2020, to help you demonstrate how you are nice, aware, etc stuff!
   
    The Yale SOM MBA Application Guide for Class of 2023 candidates!
SnarkStrategies Guide for Yale SOM - updated for 2020-2021
   
    The 2020-2021 Chicago Booth MBA Application Guide - ready to go to support your Class of 2023 essay strategy!
SnarkStrategies Guide for Chicago Booth for this year's MBA app!
   
    The 2020 Wharton MBA Application Guide - even more advice on how to get to a win with those essays!
SnarkStrategies Guide for The Wharton School - with new tips for 2020!
   
    The 2020 Kellogg Essay Guide - with a full methodology to identify your 'lasting impact' and your 'values' -- plus tips on 2020 world events and applicability to your essays!
SnarkStrategies Guide for Kellogg MBA - updated and revised for the new realities of 2020!    
      The 2020 Stanford MBA Application Guide - for "what matters most" in your MBA application!
SnarkStrategies Guide for Stanford GSB for the Class of 2023
   
    The 2020-2021 UCLA Anderson MBA Application Guide - updated for Class of 2023 on "impact"!
SnarkStrategies Guide for 
UCLA
   
   

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What were we snarking about at this time in past years?

  • 2020: What "rolling admissions" means right now
  • 2020: ($) Coronavirus and the MBA: Which MBA programs are more likely to (possibly) resume oncampus instruction?
  • 2018: ($) International Re-applicants to U.S. schools who still haven't made it in
  • 2017: Success Story! Beyond bschool to the next big thing!
  • 2017: International student headed to the US for school? DO NOT BREAK THE LAW.
  • 2016: ($) If you thought you'd go to law school and now...
  • 2016: The other likely driver of increased MBA app volumes
  • 2015: To the adcoms: Nobody wants a deadline on a Thurs or Fri.
  • 2013: Success Story! From an oversubscribed pool, a no-name school and below average GPA!
  • 2012: The changes to Kellogg's programs Part 3
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