Does Round 3 Hold a Future For Me?

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This past week a lot of applicants learned their fates as many top MBA programs – including HBS and Stanford – released their Round 2 decisions. If you were admitted to your dream program – congratulations! If you were not – let’s take a look at some of your burning questions.

 

Is it too late to apply in Round 3?

No it is not, but you better hurry! Deadlines at most top programs are right around the corner.

  • April 1 – Tuck
  • April 2 – Wharton
  • April 3 – Stanford
  • April 4 – Booth and Haas
  • April 8 – Sloan
  • April 10 – Columbia and Kellogg
  • April 16 – Yale

I’ve heard there’s no chance of being admitted in Round 3. Is that true?

It is possible to be admitted as a Round 3 applicant. To have a chance of being admitted in Round 3, you’ll need to present a strong application. To give yourself the best chance of admission, check to see if your application measurables (GMAT score, undergraduate GPA, years of work experience) align with or exceed the class profile numbers at your target school. If you’re a strong candidate or have something unique to offer you may be just the person the admissions committees are looking to admit. Also, you may be applying to your backup schools or backups to the backups, so make sure you enthusiastically and convincingly convey why you’re excited about attending the school you’re applying to.

I’ve been waitlisted, what should I do?

One of the most common reasons applicants end up on the waitlist is their test score. If your GMAT is below your target program’s average, you should strongly consider retaking the test. If you really want to get into a school, then we recommend that you do everything in your power to get in.  If that means studying three hours a day for the next four weeks to improve your GMAT score, then do it! These programs are looking for driven individuals who are willing to do whatever it takes to achieve their goals. Once you have something new to tell them, then be sure to communicate these updates to the admissions committee!

The other thing you’ll want to do, regardless of your test score, if the school accepts an update or supplemental essay, you’ll want to make sure you write a great one! Think hard about what weaknesses, if any, you want to address and what positive updates you have to share – a promotion at work, additional responsibility or big projects undertaken, perhaps you’ve taken steps and made progress towards the career goals you set forth in your application. Highlight activities, experiences, and accomplishments that add value to your candidacy.

Applying in Round 3 or being on the waitlist can be challenging. What other questions do you have? Veritas Prep has consultants who have helped applicants just like you get in during Round 3 or off the waitlist. Some of our consultants successfully faced the same situations themselves. Contact us today to speak with an admissions expert and find out how we can help you.

Give us a call at (800) 962-2069 to speak with an MBA admissions expert today, or fill out this quick form to schedule a free MBA consultation, where we’ll review your applicant profile and give you actionable advice for your unique situation: https://www.veritasprep.com/business-school/free-profile-evaluation/

Harvard Business School Eliminates Round 3 MBA Application Period

Harvard Business SchoolThis week Harvard Business School announced that, unlike most other business schools, it would not have a Round 3 application deadline this year. The world’s most desirable MBA program just announced that they dropped an admissions deadline… must be a huge deal, right? “Not really,” is our answer. Read on…

Here are the main takeaways:

1) In the past, the former Director of Admissions had said that they always see enough interesting Round 3 applicants to want to do it again. We think the move to eliminate Round 3 indicates that HBS has so many great applicants in Rounds 1 and 2, it’s not necessary to review applicants in Round 3 in order to fill their class with outstanding individuals. Instead of admitting 90% of the class in Rounds 1 and 2, they’ll now admit 100%.

2) The announcement says that Harvard has decided to focus their spring Round on 2+2 applications. This seems to signal an elevated level of importance for the program for college seniors seeking deferred admission. Clearly, the program is going well enough that they were ready to really focus on it in the spring admissions round this year.

The impact on you:

As an MBA applicant, this announcement means that if you want to apply to Harvard Business School, you really need to plan ahead. In the past, if circumstances had prevented you from applying in Round 1 or Round 2, you still had a chance to submit your application in Round 3. That chance is no longer available to you at HBS. You either need to decide earlier if you are going to apply (the Round 2 deadline is January 4 for the Class of 2021) or you’re going to have to wait and apply the following fall.

However, a big reason we say this announcement isn’t that big of a deal is that we rarely ever encourage business school applicants to pursue Round 3. We didn’t always think it was radioactive — indeed, it has helped applicants in certain situations, such as coming back from a military deployment or losing a job — but most applicants apply in one of the first two rounds, anyway. And, that’s almost always what they should do.

Also, note that applicants to HBS will now most likely know their fate when Round 2 decisions are released. (The Round 2 decision date was March 21 this past season.) The announcement mentions getting admitted students their decisions earlier, giving them additional time to do everything they need to do before classes start. This will allow a lot of small logistical things to fall into place a little more neatly, for both the school and for admitted applicants.

Another thing we’re wondering with this announcement from Harvard: we’re curious to see what other business schools do. Will more of them eliminate their final round? Will they be happy to keep Round 3 and probably see more applications from folks who were dinged by HBS in Round 2? Only time will tell. In the meantime, start working on your applications now, if you haven’t already. If you have questions, contact us.


Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or sign up for a free consultation. As always, be sure to find us on FacebookYouTube, and Twitter.