Round 1 vs. Round 2..

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by MMC » Sun Sep 23, 2007 12:40 pm
Hi Stacey,

Thank you so much for this post, it is something that I have been wondering myself. I was hoping, however, that you could clarify the statement about the R1 applicants.

The statement was (not made by you) that R1 was more competitive because the "better prepared" applications are submitted then. What exactly does that mean? Does that mean that R2 applicants are not as strong or that their applications aren't prepared as well?

Also, at a school such as University of Michigan (on some lists a top ten school) would the statement that there is no better chance of getting in by submitting in R1 than R2 still hold true?

I prefer U of M since I am close and have close family that are alumni, so I know that campus well. It's a great school, with excellent networking. Also, I feel it is a school that will match opportunity cost with better possibilities later. If my GMAT score is high enough, I will be in the middle of the average of their current class profile.

Right now, as you may or may not know, Michigan is a state with very low unemployment. I hear over and over again that when the economy is not doing well that people tend to go back to school. What is your opinion of R1 competitiveness and higher levels of applicants vs. R2 with this information in mind?
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R3

by prasath » Wed Dec 19, 2007 9:52 pm
Hi,
Im a bit late to give my GMAT and this will make me apply for R3 application.
Will i be at a disadvantage??

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by sonibubu » Fri Dec 28, 2007 11:08 am
I have read in a few places that MIT Sloan is the one school where applying in R1 has a clear advantage over applying in R2.

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by iandavis » Thu Jan 10, 2008 9:50 am
Thanks for the Post Stacy its great.

What if I apply and then I'm not excepted. What happens next year, reapply with better scores or have I missed my chance?

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by aim-wsc » Thu Jan 10, 2008 10:54 am
sonibubu wrote:I have read in a few places that MIT Sloan is the one school where applying in R1 has a clear advantage over applying in R2.
Where did you read it? Is it from the official source (MIT Sloan website?)?

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by aim-wsc » Thu Jan 10, 2008 11:05 am
iandavis wrote:Thanks for the Post Stacy its great.

What if I apply and then I'm not excepted. What happens next year, reapply with better scores or have I missed my chance?
You can always apply next year and next to next year with better candidacy and better profile!!

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by donnknow » Sat Jan 26, 2008 3:29 am
aim-wsc wrote:
iandavis wrote:Thanks for the Post Stacy its great.

What if I apply and then I'm not excepted. What happens next year, reapply with better scores or have I missed my chance?
You can always apply next year and next to next year with better candidacy and better profile!!

i read in someplace that at some places reapplicants could be at a position of disadvantage?????could plz throw some light over this?

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by aim-wsc » Thu Jan 31, 2008 11:11 pm
donnknow wrote:
aim-wsc wrote:
iandavis wrote:Thanks for the Post Stacy its great.

What if I apply and then I'm not excepted. What happens next year, reapply with better scores or have I missed my chance?
You can always apply next year and next to next year with better candidacy and better profile!!



i read in someplace that at some places reapplicants could be at a position of disadvantage?????could plz throw some light over this?
You are correct though if you show significant improvement in career advancement, you certainly would have nice story & then you can reapply.

PS: Lets stick to the topic of the discussion here!
for other queries refer other threads or start a new one. :)

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by raghuformba » Sat Aug 02, 2008 7:31 pm
Hi All,

I want to ask about something that Stacy mentioned in the first post
"We know what the we want the class to look like. If you are not a good fit in R1, the best we will do is wait list you. At that point you are competing against R2 anyway" [End Quote]

Does every school do this and wait list interesting candidates for R2 to be compared with the applicant pool there?

Also I want a comment on something else I saw which said that application in R1 shows definitive interest in the school !

Raghu

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by Lisa Anderson » Mon Aug 04, 2008 5:04 am
Dear Raghu,

Schools with large applicant pools, which would be most of your global top 50, will waitlist many folks in round 1 to compare against round 2.

Round 1 applications are generally from strong, motivated candidates. As these deadlines are almost a year from the time you enter school, it is commonly viewed that first rounders are "planners" who start researching schools and the like for several months to years before applying. Thus applying early can indicate you have been thinking of pursuing your MBA for a while which many translate as "definitive interest".

I would argue, however, that it is not applying in the first round that demonstrates definitive interest, but a strong application with essays conveying thorough knowledge of the school and how it is a good match for you. Likewise, candidates can show definitive interest by visiting campus and/or meeting with school representatives in their geographic areas.

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Lisa
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by raghuformba » Mon Aug 04, 2008 5:13 am
Hi Lisa,

Thanks for clarifying...

Raghu

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by 4meonly » Thu Dec 11, 2008 7:27 am
Stacy Blackman wrote:You are generally at a disadvantage applying in R3.
Stacy, could you please elaborate?

I prepared to R2 but passed through GMAT with 620. Thats why I want to retake it and apply at R3.
What can you advise? Apply at R2 with low score or to apply at R3 with good score?

I am 28 years, physician by education, GPA 3.9. I have 5 years of experience in pharmaceutical business with 3 years of management experience, 1 year - full P&L responsibility. I am responsible for developing and applying brand marketing strategy in Russian and CIS in the leading Russian R'n'D pharma company.

Thank you for advice!

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by Lisa Anderson » Thu Dec 11, 2008 1:54 pm
The reason R3 is a disadvantage is that there are fewer seats to be offered. Most of the top 30 will offer a large majority of available seats in R1 and R2. While there will still be some offers of admission to R3 candidates, the competition to get one is much tougher than in earlier rounds. In your case, I think you need to weigh the risk of applying R3 versus how much of an increase on the GMAT you think you can get. If you believe you can increase your score at least 30 points, then it might be worth applying in R3. Likewise, if the rest of your application is strong and the GMAT is the only potential weakness, then it might be worth applying in R2 to see what happens.

Good luck,
Lisa
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by cheesenchocolate » Thu Apr 28, 2011 9:06 pm
So what I can conjure is this, do correct me if I'm wrong:

It as definitely better to apply in R1.

Worst case scenario: You might not gain anything by applying early but (hey!) you don't have anything to lose either. Besides, it gives one a definitive advantage in scholarships etc.

R1 might not be better than R2 or may be it is. Nobody knows. But R1 will definitely not hurt my chances.

P.S. Assuming I'm not rushing up my application.

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by Lisa Anderson » Fri Apr 29, 2011 8:33 am
Dear cheesenchocolate,

Yes, you have the gist. There is not a significant advantage to R1 over R2 in terms of being admitted. But if you can submit in R1 without rushing your app/sacrificing quality, it is best to do so as being in the first round will allow you to be amongst the first applications considered, convey your commitment to going to business school, and in the event you are waitlisted, give you time to take action that will strengthen your case.

Good luck,
Lisa
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