Many applicants may wonder if their undergraduate major impacts their chance of getting into business school. Admissions data suggests that your college major can significantly impact your probability of getting into business school. The general trend seems to be that majors that are more dominated by women have a higher acceptance rate while industries that dominated by men had lower acceptance rates. This could be because my data does not have gender as a variable, so I could not account for it. Many people believe that women’s acceptance rate is higher than it is for men with similar credentials, but I have not found any data that proves it. Another explanation is that the female dominated majors are generally underrepresented in business school application pools, so when schools aim to diversify the class, the acceptance rates are higher for those majors. Continue reading
One of the most frustrating parts of the MBA application process is waiting to hear back from the schools. First, applicants have to wait to hear if you will be interviewed. Next, an applicant must wait to hear if they have been admitted. Some unlucky souls will have to wait a third time on the waitlist, sometimes for up to 8 months if they are a round 1 applicant. I created this updated MBA waitlist acceptance rate analysis to provide some transparency to those who are on the waitlist. Continue reading
With round 2 application deadlines rapidly approaching, many applicants may wonder what their chance of getting an MBA interview with their favorite schools is. I analyzed the MBA interview probability for the top 25 schools over the past 5 years by GMAT and GPA. Unsurprisingly, for most schools the MBA interview chance increased for high GMAT and high GPA candidates. Continue reading
Transitioning from the military to MBA is a fairly popular path to follow. A little over 4% of MBA applications come from military veterans. When looking at the data comparing military applicants to traditional MBA applicants, a few trends become clear:
- Military / Veteran applicants tend to be a year or two older.
- Scores for military applicants are a little lower on average, about 15 points on the GMAT and about .15 for GPA
- Military applicants on average have another year or two of work experience
- Military MBA acceptance rate is about 50% higher than the acceptance rate for traditional applicants
- Some schools have a very large advantage for military applicants while others have little to no advantage
Deciding when to start applying to business school can be a challenge. Salary increases dramatically after an MBA, but schools tend to prefer applicants with more work experience. I looked at the top 25 US MBA programs’ admission data to find the best schools for young MBA applicants in terms of chance of being admitted. I analyzed the MBA acceptance rate by age to see which schools had the smallest disadvantage for younger applicants relative to traditionally aged MBA applicants. Continue reading
The third round of MBA applications is notorious for having a lower acceptance rate. With the third round application deadlines approaching quickly for most business schools, you may be wondering if the stereotype about the third round is fact or fiction. I updated my analysis of MBA acceptance rate by round with the last 2 years of data and I expanded it to include Olin, Georgetown, USC, Arizona State and Vanderbilt.
This analysis was done using self-reported data from GMAT Club. Data from the class of 2014 through the class of 2018 was used because otherwise there would not be enough data for round 3 and 4 to accurately capture the acceptance rate. Continue reading
It is mid March and the application season for the class of 2019 is winding down. If you plan to apply for this year, you should check the MBA Round 3 Application Deadline for the school of your dreams because it is fast approaching or already past. Also, check out the MBA acceptance rate for round 3 at the schools you are considering. Continue reading
For all of you soon to be MBA Students interested in consulting, McKinsey has a great opportunity for you. Apply for the McKinsey Emerging Scholars program by May 19th 2016. If you are selected to be a scholar, then you will receive a monetary award, mentorship from McKinsey consultants and an invitation to a celebratory event. Continue reading
With the current semester just about over, next years application essay questions will be posted in the coming weeks for many schools. Round one applicants should start figuring out their story and crafting their essays. The most important essay for most schools is the question: Why get an MBA and why is [insert school name here] the right choice for you? In order to answer this question you need to have a plan for how an MBA is going to help you achieve your goals. The vast majority of MBA students are looking to switch careers. Why else pay $120,000 in tuition and give up two years of salary? If you wanted to stay in the same industry, you would probably just go for a promotion or switch companies. Continue reading
A more up-to-date analysis of MBA waitlist acceptance rate has been completed which include admissions data for the class of 2019.
At this point in the year many applicants have been placed on the waitlist for the school of their dreams. It is a frustrating experience that I personally have experienced. This articles shows the MBA waitlist acceptance rates for the top US MBA programs. The data for this analysis comes from GMATClub. These acceptance rates are meant to give a rough idea of the waitlist acceptance rate and should be taken with a grain of salt. The sample sizes vary by school; Olin, Emory and Stanford have the lowest sample sizes.
MBA Waitlist Acceptance Rate by School Rank
|US News Rank||School||Waitlist Acceptance Rate|
MBA waitlist acceptance rates ranges widely from 46% to 2% depending on the school. It tends to vary quite a bit from year to year, so these acceptance rates should only be used as a guide. For example Dartmouth’s average waitlist acceptance rate is 10%, however for the class of 2016 it was only 2%. The top ten schools on average have a slightly lower waitlist acceptance rate coming in at 8% while the next ten schools average a noticeably higher acceptance rate of 14%.
MBA Waitlist Acceptance Rate Rank
|Acceptance Rank||School||Waitlist Acceptance Rate|
The schools with the highest MBA waitlist acceptance rates are Kenan-Flagler, Olin, and Anderson. At the other end are Harvard, NYU and Yale with the lowest waitlist acceptance rates. Although NYU has the highest interview acceptance rate, it rarely accepts anyone off the waitlist.