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
MBA Waitlist Acceptance Rate Analysis (with Class of 2019 data)
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
MBA Interview Probability for top schools by GMAT and GPA
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
Military MBA Acceptance Rate Analysis
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
Best Schools for Young MBA Applicants
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
Updated MBA Acceptance Rate by Round
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
US News MBA Ranking 2017: The Redemption of Stern
Last year when the MBA rankings came out for US News and World Report, NYU was shocked and horrified. The school that was ranked 10 when we were admitted had dropped to 20. We all invested approximately $300K* in getting an MBA and now the perceived value of our degree had dropped significantly. In reality, many of us from the class of 2016 already had jobs so it would have little to no effect on us, but it was still a slap in the face. Either way, it felt awful and was a terrible way to end our MBA experience. Continue reading
MBA Round 3 Application Deadline
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
INSEAD Acceptance Rate
This article will analyze the model I built to predict INSEAD acceptance rate. INSEAD is a graduate business school in France, near Paris. It has two additional campuses in Singapore and Abu Dhabi. In addition to the MBA program, INSEAD also has an Executive MBA, Masters in Finance and a PHD in Management. Unlike most business schools in the US, INSEAD’s full-time program only offers a 1-year MBA. INSEAD students can either start in September or January. The January start is a 12-month program for students who would like to do an internship. The September start is a 10-month program. INSEAD prides itself on being a global business school, thus, it requires applicants to speak two languages fluently before being admitted. In order for a student to graduate, they must speak three languages. On average, INSEAD MBA acceptance rate is 31%. The average GMAT is 703 and the average GPA is 3.5. Continue reading
MBA Admission Calculator Officially Launched
After 2 years of effort and over 1,000 hours of work, I have finally launched my MBA Admission Calculator. The calculator uses the logistic regression models that I built to write most of the articles on this website. It only requires you to fill in 10 pieces of information to get a rough idea of how competitive you are at top MBA programs. Each model was built using a minimum of 500 applicants worth of data. The data comes from the forums at GMAT Club. Continue reading
McKinsey Emerging Scholars
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
Optimal MBA Application Number
Many business school applicants wonder how many MBA applications they should submit? In this article, I will discuss the optimal MBA application number based on real data. Deciding on your MBA application number is challenging because the more schools you apply to, the less time you have to spend on each application. On the other hand, you don’t want to put all of your eggs into one or two baskets. The data suggests that the ideal number of MBA applications is 5 to 7. For more information, check out this article on how to build your portfolio of MBA applications co-authored by Lawrence Linker and I. Continue reading
Strategies on Building Your MBA Application Portfolio
As Founder and Application Coordinator for MBA Link, one of the first things I’m often consulted on is how many schools an applicant should apply to and which ones. This is an extremely important step to get right in the application process, because there is almost no other decision you will make along the way that has a greater influence on how likely it is you will end up getting into a school with which you will be happy. Continue reading
Low GPA MBA Acceptance Rate Analysis
Many applicants worry about applying to business school if they have a low GPA. I analyzed the low GPA MBA acceptance rate at the top 25 schools to see what are the realistic chances for applicants with a GPA below 3.0. In my data sample from GMAT Club, less than 3% of applicants had a low GPA, which I defined as below 3.0. Individual schools did not have enough data for me to analyze in depth, so I grouped schools into clusters for analysis. I was surprised to see that low GPA MBA acceptance rate is a lot higher than I expected. Continue reading
UNC MBA Acceptance Rate Analysis
Kenan-Flagler is University of North Carolina’s business school. UNC has five programs including a full-time MBA, various executive MBAs and an online MBA program. UNC’s MBA program is currently ranked 18th by US News and World Report. The UNC MBA class of 2017 has an average GMAT of 710 and GPA of 3.4. I built a logistic regression to predict an applicant’s chance of admission to UNC, here are the insights I gained from it. Continue reading
MBA Interview Acceptance Rate by GMAT and GPA
The interview is a crucial component of the MBA admission process. All top full-time MBA programs interview applicants before admitting them. Generally the MBA admissions committee is looking for two things during the interview, that you fit the culture of the school and that you have the emotional intelligence to succeed at business school. I have already looked at MBA Interview acceptance rate by itself. However, I always wondered when applying to business school if all applicants are considered equal after they have been invited to interview or does the rest of the application, like the GMAT and GPA, still matter. It turns out that it matters at some schools and not at others. Continue reading
Stanford MBA Acceptance Rate Analysis
When I first built the Stanford MBA acceptance rate model, it showed that GPA had little to no impact on acceptance rate. I have reevaluated the data and now I believe that GPA does matter when applying to Stanford. Although GPA has an impact on acceptance, GMAT is still more important for Stanford MBA admissions. Continue reading
MBA Acceptance Rate by Country
Most elite American business schools brag about how internationally diverse they are. Although American business schools try to make sure they have students from all over the world, the reality is that there are winners and losers. Applicants from some countries have an easier time than others. In this analysis I calculated the MBA acceptance rate by country and region for American MBA programs. Continue reading
McCombs Acceptance Rate Analysis
McCombs School of Business is a top MBA program and part of University of Texas Austin. The full-time program is small; the class of 2017 is 267 students. McCombs average GMAT is 694 and average GPA 3.40. The acceptance rate is at the higher end of the spectrum at 35%. UT Austin also has an evening business school with more relaxed admissions criteria. For the evening MBA, GMAT is 640 and GPA is 3.34. Continue reading
Kellogg Interview Questions
Kellogg is somewhat unique in that it allows anyone who applies to interview. Kellogg MBA interviews are typically off-campus with an alumnus, although it is also possible to interview with an admissions committee member on campus or over Skype. Interviews with Kellogg tend to vary greatly based on who interviews you. You can expect anywhere from 6 to 14 Kellogg interview questions. Kellogg interviews are on the longer side, sometimes lasting an hour to an hour and a half. If you are interviewed by an alumni, typically they will have already read your resume but not your whole application. Below are the most common Kellogg interview questions, ranked from most to least common. Your chance of being asked each questions is in parenthesis. Continue reading