If you are and aspiring MBA applicant looking to apply in round 1 or round 2 you have undoubtedly started to feel the pressure of pending deadlines. Some are way ahead of the game and putting the final touches on applications due 3 – 5 weeks away, while others are still scrambling to get their GMAT scores right. Nonetheless, the question probably begs for many of you: what are the advantages of Round 1 vs Round 2?
As you have probably figured out with this experience the answers to your questions are never really straight forward. This is not different: it depends.
In all reality, you want to put your best foot forward. If you underestimated the time it would take, got slammed with a project at work, or simply woke up today and decided to go to business school, then you are in the boat struggling over this decision. Let me put your worries to rest – if your application is not the best that it can be, wait. A mediocre application in round 1 does not stand a better chance than a pristine application in round 2. Don’t force the issue.
If you are a quality applicant, then you are going to get in whether you apply round 1 or round to and you will be off to get your MBA. Simply put, your application will look forced if you submit it to the admissions committees without proper time for review and you perceived quality will go down. This is an important life decision and investment, put in the appropriate prep time to reflect this importance.
For those of you on the ball and ready to lick your stamp there is not doubt what your path is to your MBA and round 1 vs round 2 is not in question. Everyone else, start working on your apps for round 2 now so you don’t have this same question in January when the answer will be very different.