Applying to a top MBA program requires a lot of thinking. You have to put together many components in this arduous application process. One of the tough decisions to make is when to apply. Many MBA programs have three application periods. Some have five, some have only two. However, mostly the choice is between applying for the first round or the second round.
Here is the scenario for the first round.
The first round sees some of the best student applications. Those who apply on the first round are candidates with good grades, great work experience and a high level of organization in their activities.If you are a strong candidate, applying in this round is the best choice.
Now, what is different with scenario in the second round.
What you see in the second round is a lot of applicants. There are more candidates to compete with. For some MBA programs, they are receiving over 2,000 applications together during this round. Students of the best caliber usually submit during the first round. The kind of applications seen here are of students who generally do well, but could present more weaknesses - although this does vary from school to school and from year to year. More often than not, these are the kind of students against whom you would be competing during this round.
If you have a GMAT score that's lesser than 600 and you feel strongly that you will do well in taking this test again, opting for the second round in MBA application might work the best for you.
In short, it is choosing which round is best for you as a candidate that works out to favor your application. The one thing that cannot be compromised is the quality of the application.
Whatever round you choose, put in your outmost effort in expressing who you are professionally, personally and how you will bring an added value to the programs of your choice. No matter what round you choose, it is your time to take charge and pursue your most ambitious MBA admissions aspirations.