MBA Admissions

Thinking about an MBA Round Three Application? Sometimes it’s Alright.

As a rule, we do not recommend applying for your MBA in Round Three, but there are a few circumstances when it can be a sound choice for an applicant. 

  • You have a competitive application. The third round is among the most competitive because there are fewer seats available. To gain admission, you must submit a strong application. Confirm that your GPA and test scores compare favorably to the school’s average ranges for admitted students. If you have doubts about your test scores or your work experience, or are concerned about getting strong recommendations in a quick time-frame, we recommend that you hold off until the next admissions season.

  • You bring a unique value proposition. Admissions committees are looking for applicants who will bring diverse perspectives and experiences to the business school. Applicants who can showcase a unique point of view will stand out even in the competitive third round. Unsure? You might consider holding off on applying while you garner more professional and community experiences.

  • You face a professional transition. Were you recently laid off? Did you just return from a military deployment or other overseas work experience? Shutter your startup? If you have a personal or professional reason for submitting an application in Round Three, rather than earlier, we recommend that you include this information in the optional essay space. Providing the admissions committee with an understanding of your timing will help you to build a stronger case for admission. 

  • You don’t require merit-based support. If you don’t need financial support in the form of merit-based scholarships, Round Three is fine. Most programs won’t consider applicants for scholarships after the January deadlines.  

You’ve Received Multiple MBA Acceptances. What’s Next?

Congratulations! You now find yourself in the enviable position of having been accepted to multiple MBA programs, and you have to make an important choice. Don’t forget to consider the factors below before committing. 

Post-graduate employment opportunities. Take a close look at what companies are actively recruiting and hiring at the MBA programs that you’re considering. You can review each school’s career placement report (most schools have made their 2023 report available) and/or engage with the school’s career services team to learn more. Alternatively, if you dream of starting your own company, consider how each program supports entrepreneurs with mentoring, networking, and access to financing. 

 Academics. Which schools can boast leading professors in your specific areas of interest? Whose research makes you most excited? Are students involved in faculty research? Confirm that the school offers concentrations or majors in areas that you want to study and/or consistently makes courses available in topics of interest to you (beware the visiting professor!).

Geography. Where you are located plays an important role in your ability to network. If you know where you want to live post-graduation, consider those programs that are within that city or state. Similarly, if your goal is to enter a particular industry, think about programs that are located near one of the industry’s hubs. 

Fit. Will you feel comfortable at the school? Does it meet your expectations in terms of collegiality? Alumni-base? Are there other students similar to you in terms of lifestyle and/or interests? You want to choose a program where you’ll not only be happy for the next two years, but where you’ll be able to build a life-long network. 

Cost. An MBA is a major investment so compare the cost, including cost of living. But, keep in mind, not all schools offer the same ROI. Attending a top-tier school, while necessitating a larger initial outlay, can prove to be a better return on your investment. Conversely, if you know you want to return to your company post-graduation, it may make sense to opt for a very good, but more reasonably priced MBA program.

Five Writing Tips to Ensure Your MBA Application Essays are Memorable

We see it all the time. You have compiled excellent professional and extracurricular experiences and great personal anecdotes. But, for some reason, when you write your essays they are still coming across as …flat.  We’ve gathered up our top five writing tips below to help you incorporate personality and bring your essays to life. 

  • Update your language. In your academic and/or professional life you likely use formal language in your written communications. However, we would caution you against being overly formal in your application writing. A personal essay is more like journalism than an academic paper. You're telling a story, and this one is about you. You want to sound intelligent and respectful but being a bit colloquial makes you appear confident and relaxed. As if to say, "This is who I am. This is who I plan to become." 

A great test is to read your writing aloud and see how easily it flows. Does your language feel natural or stilted? Does it sound like you? Make sure your writing style and language choices promote a connection between you and your reader.

  • Structure your writing to grab the reader’s attention. One of the goals of your writing is to inform, but it is equally important to engage your reader and get them personally invested in your journey. You might even take a cue from an action movie. When the lights go down and the curtain goes up, you see the star in a sports car going full throttle. What you don’t know, immediately, is who or where they are. Narrative writing does not have to be linear. After leading with an attention-grabbing scene, the writer can go back and provide additional context and information on what’s missing. 

  • Embrace emotion. Take a lesson from advertising. What do the best commercials have in common? They make you feel something—humor, pride, sorrow. As you write your essay responses, ensure that you use emotion to connect with your reader. And, this doesn’t necessarily mean recounting only sad or difficult times. Rather, it means bringing your reader along on the full spectrum of your experience as you share a story from your life. We rarely feel just one emotion at a time, embrace the complexity.

  • Make it universal. Let the reader share in your learning by making it about more than yourself and your own experience. Look for the transcendence and let the admissions committee in on it. You didn’t just overcome a fear of public speaking, you learned to challenge yourself and break past self-constructed barriers. You didn’t just overcome cultural differences while working in a diverse group, you learned about seeking out commonalities with others. Whatever it is you learned, dig deep for that universal finding that will help to ensure your reader finishes your essay feeling they are better off for the experience. 

  • Don’t forget the basics. One of our mottos is: "Clarity above all things." When you write an essay for your application, leave no room for misinterpretation. The reader needs to see the story how you do. Crisp and untangled writing is also best given character count limitations and how much you need to share.

You’ve Submitted Your MBA Application… Now What?

Congratulations! You’ve submitted your MBA application and completed required video essays. But your work is not quite complete. You still have the opportunity to make a positive impression on the admissions committee by demonstrating your enthusiasm for the program. 

Consider the following ways to showcase your interest.

  • Follow the school on social media and set up Google alerts with key words so you can easily stay informed of current events, research, or news related to the program. You should also confirm that your social media presence is up to date and represents you well.

  • If invited for an interview, try to do it in-person. Interviews are a great way for the admissions committee to get to know you and for you to learn more about their program.  While they will likely give you a virtual option, nothing beats connecting in-person.  

  • Attend any admissions events, webinars, or other programming facilitated by the school or the admissions committee. And make appointments with professors or current students who share your interests and/or goals. Prep by creating a brief elevator speech explaining, with specifics, how the school's programming aligns with your interests and why you would be a great addition to the student body.

  • Follow-up any interactions with faculty, administration, or students with a brief thank you note reiterating your excitement about the program. 

  • Send an update letter to the school if you have a significant accomplishment or update, not previously covered in your application, to share. Examples include: a significant positive change to your GMAT/GRE score, publications, professional development (e.g., you presented at a national/regional conference or received a promotion with additional responsibility at work), awards/honors, and/or extracurricular achievements (you took on a leadership position or received recognition for your work with a community organization). 

  • In your update letter, don’t forget to express your continued interest in the program, noting specifics that are particularly compelling to you. If the school is your first choice, make the yield protection statement: If admitted, I will attend. 

  • Do not excessively contact the admissions committee, particularly to ask questions with answers readily available online or to ask for feedback on your application or admissions likelihood. 

Community Service Experiences Can Enhance Your MBA Application

Your MBA application should showcase the full range of your interests, abilities, and experiences. In addition to your academic and professional life, how you spend your free time can be telling. But before you run out and sign up for various volunteering gigs, there are a few things to keep in mind. 

  • Show commitment and continuity. If you had experiences in college with a particular organization, say supporting the environment or working with the homeless population, you may want to pick up a role with a similar organization locally. Spend time on a cause you really care about. 

  • Prioritize depth over breadth. A years-long involvement or considerable weekly time commitment with one organization is preferable to brief interactions working on a large number of causes. You will have more opportunity to make an impact.

  • Flex different skills. Volunteer organizations are an excellent place to apply skills you may not yet demonstrate professionally. If you think your resume (or current position) is lacking in experiences that demonstrate leadership, innovation and/or teamwork, see if you can gain that experience in a volunteer setting. Entry-level professional roles typically don’t involve much people management, however, leading a non-profit initiative or committee often does! 

FAQs: 

I volunteered a lot in college, but I haven’t had much time to do so since I started working. Should I include those older experiences in my MBA application?

Your MBA application can include any experiences from the start of college onwards. Do keep in mind that the significance of your contribution matters. Participating in one “walk against hunger” your sophomore year will not carry the same weight as spearheading an initiative or raising a significant amount of money. Again, emphasize depth over breadth.

I am working constantly and don’t have time to volunteer right now. Should I try to fit something into my schedule?

Community service can enhance your application, but it is not a deal-breaker if you don’t have it. That being said, don’t forget to consider any volunteering you’ve done as a part of your company. Many firms include community service as a component of the performance framework. So, if you routinely help organize your company’s “dress for success” program, make note of that. 

I don’t volunteer for a nonprofit organization, but I do serve on committees at my workplace. Should I include this in my application?

Yes. Think about all that you do within your workplace that falls beyond the scope of your professional responsibilities. Are you a member of the holiday party steering committee? Or a participant on a DEI initiative? Those activities that go beyond your role are opportunities to demonstrate leadership, innovation, teamwork, and a commitment to giving back to and bettering your workplace.  

Your MBA Interview: Make a Claim and Back it Up Responses

Claim questions are simple and direct—but your answer should be complex and direct. Just like with your SAR responses, you will want to use stories here, not just statements. They may ask about attributes or skills you have but they're not looking for a list, they're looking for examples of when you’ve exhibited those things. Go ahead and use multiple examples! They don't all have to be long, but they should be detailed. 

Some questions will be about your future goals. Think: "Where do you see yourself in 10 years?" A question like this should still be backed up with experiences, if possible, or anecdotes that prove that you have the skills necessary to achieve this goal. You’ll also want to include what you hope to learn in business school that will position you for success.

Other claim questions will require you to showcase your critical thinking. “What advice would you give to your classmates who are interested in working in your current industry?” Don’t just provide advice, tell a story from your experience that inspired this wisdom. 

Questions could also seem to require opinion-only responses. Something like: "How do you feel about your company’s CEO?" But don't get it twisted. This is a "make a claim and back it up"-question. You believe the leader is succeeding (or not) “because…" 

Other “make a claim and back it up”-questions that you may be asked: 

  • How will you add to the diversity of our school? 

  • What is your greatest strength?

  • How do you deal with ambiguity? 

  • What traits are the most important for a leader to have?

  • What is your management style?

Related:

Your MBA Interview: Day-of Tips

Your MBA Interview: Prepare a Three-Minute Elevator Pitch

Your MBA Interview: Articulate Why You Want This MBA (Not Just an MBA)

Your MBA Interview: SAR Responses

Your MBA Interview: SAR Responses

Throughout your MBA interview, we encourage you to share anecdotes whenever possible. But there are some questions that you MUST answer with a story. These are "SAR responses" because you'll describe the situation (20% of the response), the action you took, and the result (collectively 80% of the response). Some SAR prompts will be familiar because they are commonly used in interviews. You may have also used some of these anecdotes in your essay responses. Go right ahead and reuse any applicable application content. Those were your experiences and your takeaways, after all. There's no need to invent a whole new self. 

Consider how you would respond to prompts like these:

  • Describe a failure and what you learned from it.

  • Tell me about a time when you challenged the group consensus.

  • Tell me about a time when you took on a leadership role.

  • Tell me about an experience when you learned from people different from yourself.

  • Tell me about a time when you developed an imaginative solution to a problem. 

Related:

Your MBA Interview: Day-of Tips

Your MBA Interview: Prepare a Three-Minute Elevator Pitch

Your MBA Interview: Articulate Why You Want This MBA (Not Just an MBA)

Your MBA Interview: Make a Claim and Back it Up Responses

Your MBA Interview: Articulate Why You Want This MBA (Not Just an MBA)

“Why our MBA?” Or: “Tell me why you are interested in this program,” etc. This interview prompt will appear, in some form, early on in your interview.

Make it clear how this MBA will help you to achieve your goals. Your response should include school-specific details, like what classes or experiential learning opportunities you'll take advantage of, what unique resources you’ll utilize that maybe aren't available at other schools, which professors you're eager to learn from, the student clubs you'd like to join, the names of companies you’re interested in that recruit from the program, and maybe even what you like about the area. And don’t forget to bridge these details with your past experiences and future goals to reinforce your interest in these offerings. 

Whatever you do, don't say something ingratiating and general: "It's an esteemed program where I'll learn from esteemed professors who lead in their esteemed fields." We're teasing about this phrasing, but go deep rather than broad. Answer the question with a few salient details and you'll be golden.

Related:

Your MBA Interview: Day-of Tips

Your MBA Interview: Prepare a Three-Minute Elevator Pitch

Your MBA Interview: SAR Responses

Your MBA Interview: Make a Claim and Back it Up Responses

Your MBA Interview: Prepare a Three-Minute Elevator Pitch

The first question your interviewer asks will likely be something general that invites the widest-ranging answer. This question comes in many forms. It could be as short and blunt as: Tell me about yourself. It could be: Walk me through your resume. It could be: Talk to be about anything you believe will enhance your candidacy for admission. 

These opening questions require a three-minute answer. Think of it as an elevator pitch response. Naturally, your response should reiterate your commitment to pursuing an MBA and make it clear why an MBA will benefit your career and help you to bridge your past experiences with your future goals. It is okay to stay in a linear timeline: I did X and transitioned to Y. What's important is explaining the motivation behind your decisions. You can also share who you are via your three most impactful experiences. 

Practice some possible responses to ensure you're not going wildly under or over the three-minute mark. Don't try to memorize anything word-for-word as this will lead to fumbling with your words or coming off as wooden. But have an outline in mind—some milestones you know you want to pass. 

Some sub-questions you might answer to build your "Tell me about yourself"-answer are:

  • What was your path to this point? Did you always know you would pursue a career in business?

  • How has your work experience prepared you for business school?

  • Do you want to expand on any meaningful professional experiences and how they reinforced your interest in graduate business education?

  • What are your post-MBA career goals? 

  • How will an MBA bridge your past with your future? 

  • What fun fact about you could you close on?

Admissions committees like it when applicants include personality in their answers, especially when answering this question. Revealing something fun about yourself encourages a connection between you and the interviewer.

Related:

Your MBA Interview: Day-of Tips

Your MBA Interview: Articulate Why You Want This MBA (Not Just an MBA)

Your MBA Interview: SAR Responses

Your MBA Interview: Make a Claim and Back it Up Responses

LinkedIn Names Harvard as Top Business School in Inaugural Rankings

LinkedIn just unveiled its first ranking of full-time MBA programs, The 50 Best U.S. Business Schools to Grow Your Career, which uses data culled from the site itself. It includes only U.S.-based MBA programs, with at least 500 alumni, who graduated between 2018 to 2022. Its methodology is based on five pillars:

  1. Hiring and Demand: Uses LinkedIn hiring and recruiter InMail data to track job placement rates for graduates and labor market demand

  2. Ability to Advance: Uses standardized job titles to track promotions among recent cohorts, and the pace at which alumni reach director or VP-level leadership roles

  3. Network Strength: Uses member connection data to track the average connections alumni have with individuals in director-level positions or above (network quality) and the network growth rate of recent cohorts before and after graduation (cohort connectivity)

  4. Leadership Potential: Tracks percentage of alumni who take on entrepreneurial or C-suite roles post-graduation

  5. Gender Diversity: Tracks gender parity within recent graduate cohorts

LinkedIn also provides some unique insights alongside its rankings, which include the most common industries, job titles, locations, and skills for each program based upon aggregated data collected from the LinkedIn profiles of alumni. The platform also allows the reader to click into each school to see who in their own network attended the school. Find the full ratings here.

Rank Business School

1 Harvard Business School

2 Stanford GSB

3 Dartmouth (Tuck)

4 Penn (Wharton)

5 MIT (Sloan)

6 Northwestern (Kellogg)

7 UC Berkeley (Haas)

8 Yale SOM

9 Chicago (Booth)

10 Duke (Fuqua)

11 Columbia Business School

12 Virginia (Darden)

13 UCLA (Anderson)

14 Cornell (Johnson)

15 Emory (Goizueta)

16 New York University (Stern)

17 Carnegie Mellon (Tepper)

18 Michigan (Ross)

19 USC (Marshall)

20 Texas (McCombs)

Not all stakeholders are impressed with LinkedIn’s initial effort. Poets & Quants called it a “Shrewd concept, botched execution.” Noting a lack of transparency in the methodology, P&Q calls out LinkedIn’s failure to provide index scores so that readers can understand how schools compare to each other. Also missing: an explanation for how the analysis weights the five pillars, or how the methodology accommodates for different class sizes (e.g., HBS graduates double the number of students in one five-year period compared to Michigan Ross). P&Q is also critical of the fact that, for an outcomes-based ranking, LinkedIn neglects metrics on salary or salary growth in its analysis. Read the full critique here. 

Top Five Mistakes to Avoid When Writing Your MBA Application Essays

Writing your MBA application essays is a massive undertaking. You must show the admissions committee who you are and what you value, while simultaneously building a case for why you will succeed in business school and beyond. It’s a lot. But we can help.

Below are the top five most common mistakes we see applicants make as they approach their essays. Try your best to avoid them.

1. Trying to include everything: You cannot fit every relevant experience you've ever had into your essays—and hey, that's why you submit a resume. Stick to one or two key experiences will show your abilities in leadership and critical thinking, prompted growth, and reinforced your interest in obtaining an MBA. The essays are about showing depth.

2. Telling instead of showing: The admissions committee is looking for more than a list of your strengths and traits. Not only is that boring, it is unreliable. A good rule of writing is: “Show, don't tell." Listing off your qualities is meaningless if you're not backing them up with real-life examples. Instead of telling the reader, “I am good at solving complex problems,” provide an anecdote that will show them your critical and/or creative thinking in action.

Similarly, don’t tell the school what you will do in the future without showing them why you are capable of achieving such things. We've said it before: Sharing goals works when what comes before it exemplifies your strengths and abilities. More than what you want to do, what you have done tells us who you are.

3. Staying linear: Imagine your intro paragraph as the opening sequence of a movie—the most thrilling ones start mid-scene. You want to see an action star in action, not waking up to a buzzing alarm clock. Don't save the excitement for many scenes later. Show yourself there, then explain how you got there.

4. Being uptight: A personal essay is more like journalism than an academic paper. You're telling a story, and this one is about you. You want to sound intelligent and respectful but being a bit colloquial makes you appear confident and relaxed. As if to say, "This is who I am. This is who I plan to become." Boom.

5. Overusing passive voice: Keep most of your sentences active. Passive voice can minimize your contributions and slow down your essay's momentum. Active sentences move the statement forward.

There is flexibility, of course. Some passive sentences aren't slow-going or unnatural, and there are also times when you'll use passive voice for effect, accuracy, clarity, or flow. Just be mindful of how often you're doing it.

Finally, beware of having too many readers review your writing. If you're an Apply Point client, consider asking two people besides your two Apply Point advisors (who work as a team) to read your essays. If you're not working with a consultant, you could ask up to four people to read your work but make that the maximum just so you won't be overwhelmed by input.

This is not us saying that you shouldn't have any readers at all. You want eyes or ears on this, especially if they're attached to someone you respect who knows you well. In fact, the top question you should ask them is: "Does this sound like me?" Friends, family members, or a mentor can confirm if your essay gets your personality and best qualities across. That said, send them the edited, polished draft rather than your raw first draft. This way their suggestions and questions won't psych you out because you already have a good idea of what you want to present in your response.

Women’s Enrollment in MBA Programs Continues to Climb

MBA matriculation is inching closer to gender parity. According to new data released by the Forte Foundation and reported by the Wall Street Journal, women make up 42 percent of 2023 MBA enrollees. This is up slightly from last year’s 41 percent and up significantly from 34 percent in 2013.

Five MBA programs did achieve gender parity: George Washington University’s School of Business, Oxford Said, Johns Hopkins Carey, U Penn Wharton, and Penn State Smeal. An additional 15 programs came close with women making up at least 44 percent of total enrollees. Among this group are some of the world’s most prestigious MBA programs. They include Northwestern Kellogg (48 percent), Stanford GSB (46 percent), MIT Sloan (46 percent), and Harvard Business School (45 percent).

Notably, two of the five programs that achieved gender parity, Oxford Said and Penn State Smeal, are one-year programs. Administrators from both schools told the WSJ that this shorter time commitment appeals to women, particularly those who carry family responsibilities.

Programs with the Highest Percentage of Female Matriculants (Fall 2023):

  • George Washington University (65 percent)

  • Oxford University-Saïd (51 percent)

  • Johns Hopkins University-Carey (51 percent)

  • University of Pennsylvania-Wharton (50 percent)

  • Penn State University-Smeal (50 percent)

  • University of Rochester-Simon (49 percent)

  • University of Toronto-Rotman (49 percent)

  • Northwestern University-Kellogg (48 percent)

  • University of Washington-Foster (47 percent)

  • Stanford Graduate School of Business (46 percent)

  • Queen's University-Smith (46 percent)

  • MIT-Sloan (46 percent)

  • Duke University-Fuqua (45 percent)

  • Harvard Business School (45 percent)

  • Alliance Manchester School of Business (45 percent)

  • Arizona State University-W. P. Carey (44 percent)

  • Columbia Business School (44 percent)

  • Dartmouth-Tuck (44 percent)

  • ESADE (44 percent)

  • Michigan State University-Broad (44 percent)

Harvard Business School: Writing Your Post-Interview Reflections

Were you invited to interview at Harvard Business School? If so, congratulations! Once you feel confident in your interview preparation, you will need to start thinking about your post-interview reflection, which should be submitted within 24 hours of your interview. The submission is not a formal essay. Harvard’s Admissions Blog describes the exercise as a chance to both get students’ opinions regarding their interviews, as well as provide them with a real-world practicum. Professionals routinely need to send emails summarizing meetings and offering assessments, and their ability to do this well is critical for workplace success.

Here is our advice for creating your memo:

  • Immediately after your interview, take down some notes about the topics you covered, including some specific details and points of connection. You’ll want to ensure that your content reflects back details from the day.

  • Take time to reflect before you begin drafting. Think critically about the interview. This submission is an opportunity for you to demonstrate real-world strategic thinking and writing skills, as well as offer any information that you feel you did not adequately explain. Some points to consider:

    • What were the highlights?

    • What could have gone better?

    • Did anything about the interview, or your time on campus, surprise or excite you?

    • Were there any remaining “gaps” after your interview, and if so, how would you have addressed these?

    • Did you make it clear to your interviewer(s) what unique experiences, skills, or perspectives you would offer to your MBA class?

  • Strike a tone similar to that of a post-meeting summary you would write to a colleague or supervisor at work.

  • After you’ve drafted the piece, walk away. Come back later to review content, style, grammar, and flow with fresh eyes. Keep in mind that Harvard is looking for both a well-written and thoughtful assessment of your interview.

  • This piece should not be crafted prior to the interview, adapted from another essay, or used as additional resume space. You’ll want to make the most of this final opportunity to show the admissions committee who you are and how you think.

Department of Education Increases Transparency in Graduate School Outcomes

Prospective graduate students are about to gain access to a lot more financial outcomes data, which they can use to compare programs. Last week the U.S. Department of Education (DoE) announced that it finalized the Financial Value Transparency framework to consolidate financial outcomes data.  

All qualifying graduate programs will be required to submit data to the DoE on program cost, debt, sources of financial aid, and graduates’ earnings starting next July. As applicable, the data compilation will also include licensing outcomes for graduates. For example, law schools will provide data on graduates’ admission to the bar. The data will be consolidated, published, maintained, and made available to the public on a DoE website. As of 2026, the regulations will also stipulate that programs that do not meet an established debt-to-earnings ratio will be subject to a disclosure requirement. For these programs, all prospective students must acknowledge that they have reviewed the data and understand the financial risk, prior to matriculating in the program. 

For medical schools, the DoE’s final regulations acknowledge the lengthy nature of medical training in the U.S. where medical school graduates continue in lower-paying residency training programs post-graduation. To accommodate this practice, the DoE extended the horizon for collecting earnings data for medical schools to six years post-graduation. 

For business, law, and other graduate programs, the data provided to the DoE will use graduates’ earnings three years post-graduation. 

Your MBA Application: The Common Letter of Recommendation

Nearly 40 MBA programs have a shared template for recommendations: the Common Letter of Recommendation (LOR). While the template is shared, the questions are all embedded within the participating schools’ existing application systems. 

The Common LOR includes the following sections. You can review and save the full template here.  

Section 1: Recommender Information/Background

Section 2: Leadership Assessment Grid. 

In this section, recommenders are given 12 competencies and character traits related to leadership and are asked to rate the applicant’s behaviors. The 12 competencies and traits are grouped into five categories: Achievement, Influence, People, Personal Qualities, Cognitive Abilities. Recommenders are also asked to select an overall recommendation that ranges from not recommending an applicant to enthusiastically recommending.

Section 3: Open-Ended Recommendation Questions

  1. Please provide a brief description of your interaction with the applicant and, if applicable, the applicant’s role in your organization.

  2. How does the performance of the applicant compare to that of other well-qualified individuals in similar roles? (e.g., what are the applicant’s principal strengths?)

  3. Describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant’s response.

  4. Is there anything else we should know? (Optional)

U.S.-based programs that accept the Common Letter: 

Your MBA Interview: Day-of Tips

You’ve been invited for an MBA interview. Congratulations! Amidst your pre-interview preparation, don’t overlook day-of planning. Review our tips below to ensure that you feel your most confident when the day arrives.

Before Your interview:

  • Review your application. Don’t forget that anything included in your application could be grounds for discussion. If you have any red flags, be prepared to discuss them calmly.

  • Practice brief answers to common questions aloud. This might include your introductory elevator speech (“Tell me about yourself” or “Walk me through your resume”) and “Why this program?”.

  • Eat something light and plain and be sure to hydrate. 

What to bring:

Theoretically, you need to bring nothing. The interviewers have everything they need from you already. But there are a couple of things that we suggest you bring along to an in-person interview (which, if possible, we recommend you choose over the virtual interview).

  1. An extra copy of your resume. It never hurts to have an extra copy in the case your interviewer asks for one.  

  2. A copy of your application. This application isn't for you to hand over to your interviewer. This copy is for you. Review it while you're waiting so that you can refresh your nervous brain and stick to the same takeaways. You should feel prepared to talk about any experience included within the application and/or resume. If you feel you've reviewed this application all you can review it, take a break, and read the newspaper or a book while you wait. 

  3. A notebook. You can and should ask questions during your interview too. Feel free to bring yours prewritten and jot down shorthand versions of your interviewers' answers. Just be sure to look up and nod periodically as you write. 

  4. The right clothing and accessories. You already know to wear something professional, but this tip has less to do with being interview-appropriate than with being activity- and weather-appropriate. If you're touring the campus before or after your interview, wear or bring comfortable shoes. If it's going to rain, bring an umbrella. If you're from Florida and you don't have a warm coat, borrow or buy one before your interview in Boston. When you're engrossed in interview prep, these are the kinds of things you'll forget. 

  5. Water and a pain reliever. Being physically uncomfortable during your interview is a nightmare. Make sure to bring a bottle of water that you can sip prior to your interview, and if you're prone to stress headaches, have some pain medication on your person. 

  6. Fun plans. You might live in this city or town someday. If you have the time, explore it. This will give you something to look forward to after your interview, and it might come up in interview small talk. "Will you be doing anything while you're in town?” Yes! I'm checking out the botanical garden this afternoon. This simultaneously shows your interest in the area and makes you seem like you have a life and interests outside of studying.

Related

Top Ten Tips. MBA Behavioral Interviews

MBA Interviews: When the Interview Requires More than an Interview

Don’t Rule Out “Reach Schools” on Your MBA Program List Just Yet

If you’re on the fence about applying to an MBA program this year or still considering your school list, we have an update for you. Based on 2022 admissions data, it looks like the window for gaining acceptance to a “reach school” hasn’t closed quite yet. A recent Poets & Quants analysis states that the “...2022 acceptance rate data is remarkable for the encouragement it provides anyone considering an MBA at a top-10 school, every one of which saw their acceptance rate climb last year.” 

The analysis goes on to describe that in 2022 the P&Q Top-10 ranked schools averaged an acceptance rate of 22.2 percent, an increase of 3.8 percentage points from 2021 and 7.7 percentage points from 2016. 

The 2023 admissions data (released by schools in the fall) will, of course, provide the most accurate picture of admissions trends. However, the 2022 admissions statistics among elite MBA programs were so applicant-friendly that P&Q walked back it’s pronouncement from last Spring (based on 2021 data) that the window to obtain a spot in a “reach” school is closing.

Here are a few key callouts from the P&Q analysis. You can find the full analysis and findings here

  • The top-10 ranked schools all saw increases in their admissions rates in 2022. Chicago Booth, ranked first by U.S. News & World Report, saw the biggest increase in acceptance rate, which spiked from 22.6 percent in 2021 to 30.1 percent in 2022. Similarly, UPenn Wharton, ranked first by P&Q, saw a jump from 18.2 percent to 22.8 percent. 

  • In 2021 there were no top-10 ranked MBA programs with an acceptance rate over 30 percent, whereas in 2022, there were three (Chicago Booth, Northwestern Kellogg, Dartmouth Tuck). Cornell Johnson and Virginia Darden (ranked 13th and 14th by P&Q) also reported acceptance rates over 30 percent.

  • The top-10 ranked schools also saw a sharp decrease in application volume. P&Q reported that eight of the top ten schools saw double-digit percentage decreases in the number of applications between 2021 to 2022. 

  • For the 15 schools ranked outside of the top 10, but within the top 25, the admissions data painted a less dramatic picture. In line with the elite programs, all of the schools ranked from 11 to 17 reported increased year-over-year acceptance rates. However, six of the schools ranked between 11 and 25 did report application increases (Cornell Johnson, UNC Kenan-Flagler, Washington Foster, Emory Goizueta, Indiana Kelley, and Carenegie Mellon Tepper). Among these schools, four also saw lower acceptance rates compared to 2021; most notably Emory Goizueta’s acceptance rate plummeted from 53.1 percent in 2021 to 37.1 percent last year. 

Don’t Submit Your MBA Applications Until You Read This

MBA Round One submission dates are upon us. Before you hit “submit,” be sure you’ve avoided some of the most common mistakes applicants make and built your strongest case for the admissions committee.

  • Confirm the time (including the time zone) by which you need to submit your application. If you do not submit by the designated time, many schools will move your application to the next round. 

  • Read through the entirety of your application. Is it clear why you are pursuing an MBA now? Did you show, through experiences from your life, your abilities in innovation, leadership, and teamwork? Have you highlighted what makes you unique as an applicant, and how you will contribute to your class? 

  • Think carefully about any “red flags” that may exist in your application. Did you adequately address any gaps in your work experience or low grades in your transcript? Don’t leave the admissions committee wondering about your MBA readiness. Use the optional essay to explain why certain actions and/or results are not indicative of your abilities. 

  • Make sure that each application is customized for that school. Did you address, with specifics, why this MBA program is the right one for you? What specific courses, professors, and experiential learning opportunities appeal to you most?  Why?

  • Proofread everything. Again. Editing is never complete. 

Now it’s time to hit submit. Congratulations! The first component of the application process is complete, but your work is not quite finished. 

  • Prepare for additional actions you’ll need to take. For example, those applying to the Yale SOM will receive access to their video interview questions only after submitting the application. And video responses for Northwestern’s Kellogg are due within 96 hours of submitting the application. 

  • Review your various social media profiles. Do they reflect you as a professional? Are they consistent with your application materials? At the very least, ensure that you have an appropriate level of security around who can view your profiles. 

  • Start preparing for interviews. Familiarize yourself with the interview process at all of the schools you’ve applied to. Then start brainstorming ideas for anecdotes you can use in your interview responses. We also recommend reading the news on a regular basis to stay informed.  If you’re asked your opinion on a certain issue during an interview, you don’t want to get caught off-guard. 

  • If you haven’t yet, send a thank you note to your recommenders and/or any other contacts who supported your application efforts.

Top Qualities Business School Admissions Committees are Looking for in Your MBA Application

At Apply Point, we often remind our applicants that MBA programs are looking for individuals, not just resumes. Admissions committees want to understand the full spectrum of experiences that have led you to this point of your life and career, and have informed your future goals. But while you brainstorm, in addition to poignant personal experiences, be sure to keep in mind the key tenets of the business school application: leadership, teamwork, innovation, and integrity. 

Leadership. Throughout your application, you will want to showcase your ability to influence a team in order to accomplish a common goal. And keep in mind that there are many ways to demonstrate effective leadership. You don’t need to be the captain of a sports team or a club president to be an inspirational and persuasive leader. 

In what meaningful experiences did you show your leadership abilities? Did leadership come naturally to you, or did you work to get to this place? (Both things are great!) How did you support your team? Did you encourage collaboration or independence? Did you feel supported by your team? Did you experience any pushback, and how did you handle that if you did? What did you think about these things at the time? How did you feel? What did you learn that you will incorporate into your leadership style in the future?

Teamwork. Conducting business is a team endeavor. Accordingly, business school is a highly collaborative place where you will spend a lot of your team working together with your classmates. Highlight instances where you have shown humility and elevated the voices of others. 

During what meaningful experiences did you work with a team or collaborate with others successfully? Were you working with people unlike yourself? Was there a struggle for balance in the beginning? Any confusion? What did you appreciate about your team members? How did they influence and impact you and your actions? Did one or two team members step up in a way you admired? What did you think about these things at the time? How did you feel? Have you had experiences with teams that were unsuccessful? What did you learn (remember: failures can provide great insight too!)?

Innovation. The pace of change in business continues to speed up and business schools are looking for students who demonstrate skills in both critical and creative thinking and problem solving. 

In what meaningful experiences did you utilize critical thinking and problem-solving skills? How did you determine the best course of action? Did you approach something one way at first and then correct yourself? What did you think about these things at the time? What did you learn? How did you feel?

Integrity and a sense of community. Many leading business schools have missions that include educating principled leaders who will make a positive difference in the world. Business schools are, now more than ever, highly-attuned to applicants’ integrity and sense of civic responsibility. 

In what meaningful experiences did you elevate a community that you were a part of? What effect did you have on others? What effect did they have on you? What have you learned about finding common ground with those who are different from you?  What did you think about these things at the time? How did you feel? 

MBA Program Announcements Roundup

We’ve rounded up and summarized this summer’s MBA program announcements below.