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
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 →
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 →