Both programs are tailor-made for working professionals who want to pursue an MBA degree while maintaining their full-time jobs. Both are lesser cousins of their full-time peer even though the fee is similar or higher. Both are less immersive – peer learning, networking etc. – than a full-time program. And the graduates from both the…
MIT Sloan loses nearly 40% of its accepted applicants. Chicago Booth, too, loses nearly 40%. Tuck and Ross, almost 50%.
And these are some of the best MBA programs around.
Where do these accepted applicants go?
Most to higher-ranked and rival schools such as HBS, Stanford, Wharton, Columbia, and Kellogg. And a small fraction drops out i.e. doesn’t join any school (for reasons to be covered later in this post).
It’s understandable that a Sloan admit is very likely to prefer HBS over Sloan, but why does an HBS-admit, sometimes, not join HBS despite its unmatched brand equity.
Few months back, I received an application for feedback from an applicant who, despite having a solid academic and professional profile, didn’t get interview calls from both the schools he applied to in the first round.
There were few glaring oversights in his essays, which largely explained the disappointing result he had. What was different in this case, though, was that his application was vetted by a friend and current B-school student (one and the same person). Yet, those mistakes slipped through the crack.
“Those trying to have good careers are going to fail, because, really, good jobs are now disappearing. There are great jobs and great careers, and then there are the high-workload, high-stress, bloodsucking, soul-destroying kinds of jobs, and practically nothing in-between.”
I’m planning to apply to MIT, Wharton, Stern, and Tuck in round 2 this year. Can someone evaluate my profile for these schools, please?
GMAT: 740 (Q 50, V 39)
Undergrad from a reputed university in ABC country with a GPA of 8/ 10 (top 10% in the class)
You’re through your GMAT with an expected score, and with that you’ve taken a firm step toward getting accepted to one or more MBA programs of choice.
And, then, while finalizing (sometimes at a later stage) the target schools, you’re surprised to find that you’re at a disadvantage or not even eligible to apply to a particular school because you don’t have a four-year undergraduate degree.
Are you facing the dilemma as to which test – GMAT or GRE – to write when applying to MBA programs?
It was a straightforward choice – GMAT – before 2009, as GRE wasn’t an accepted test for admission to MBA programs then. In the initial years of its existence too, GRE didn’t pose much of a dilemma to the applicants, as not too many programs accepted GRE score.
But it has changed dramatically in the last few years: according to Kaplan 2014 survey 85% of MBA programs accepted (at the time of survey) both the scores in contrast to only 24% in 2009. 85% practically covers any MBA program of repute, and hence the problem of some of your target schools not accepting a GRE score, for all practical purpose, is gone now.
So, which of the two to write when you’re applying to MBA programs? Here are few broad guidelines that you can evaluate your decision against:
Maecenas enim velit, euismod eu tempor sit amet, dictum ateu tempor sit amet dictum.
Lorem tesque a nisl ac nibh venenatis ultricies. Donec ut velit vitae purus consequat dolor amet feugiat in sed.