You Oughta Know
When should I apply? Sloan’s Round 1 deadline is once again in mid-September, and if you choose to apply in this round, you will receive your decision by December 19, which will give you plenty of time to get Round 2 applications ready for other MBA programs, if needed.
The other interesting thing here is that Sloan has added a Round 3! For a while, Sloan had been unique among top U.S. business schools in that it only had two admissions rounds. For instance, in previous years, if you hadn’t applied by early January, then you weren’t going to apply to Sloan at all. Now stragglers actually have a chance of getting into MIT Sloan, although our advice about Round 3 is always the same: There are simply fewer seats available by Round 3, so only truly standout applicants have a real chance of getting in. Plan on applying in Round 1 or 2 to maximize your chances of success.
Overrepresented applicants. Candidates from traditional MBA feeder industries such as management consulting or finance, or applicants with technical and engineering backgrounds tend to be strongly represented in the MIT Sloan applicant pool. This doesn’t mean that you can’t get in if you’re coming from these industries; a quick glance at the class profile will tell you there’s plenty of room in the class for consultants, bankers, and engineers. However, we encourage you to apply in the first round (assuming you have a strong GMAT score), as you’ll be competing against many candidates with very similar profiles. In a later round, it’s possible that the school may see you as a viable candidate to the school but may have already admitted several other applicants with similar profiles, so it might pass on you to bring greater professional diversity to the class.
Don’t rush! Please note that even though the top schools encourage you to apply in the earliest round possible, this does not mean that you should apply with a rushed application or a mediocre GMAT score. There’s no sense in applying early if you’re just going to be denied. A GMAT score that’s above the school’s average will do more for your candidacy than applying in the first round, even if you’re coming from an overrepresented industry or demographic.