MBA acceptance rate abroad plays a significant role in the preparation of students for applying to top MBA universities. Acceptance rates depict the level of difficulty of getting admission to a particular college. Students are evaluated based on their academic scores, GMAT scores, letters of recommendation, statement of purpose etc. Most of the time there is an interview round as well.
Acceptance rates vary from college to college even by admission rounds. Majority of the business schools in abroad offer 3 rounds of admission so that a student can apply according to his/her convenience. The chances of admission are not same for all the rounds. Universities like Harvard might not have a 3rd round admission.
Difference between Round 1, Round 2 & Round 3
Most MBA Abroad invite applicants to submit their applications in 3 rounds. Students who apply in the first round get the first chance at admission. However, there is no need to hurry. Students who want to study abroad, generally apply to more than one university. Each university has different application requirements. So it's better to prepare at first and then apply, even if it’s for Round 2 or 3.
Round 1 Application: Advantages & Disadvantages
Candidates who are confident with their application tend to apply for the first round. Those with good GMAT scores, good work experience and satisfied with their SOPs can apply for the first round. These students also apply for the top MBA colleges first.
Round 2 Application: Advantages & Disadvantages
Round 2 applicants get more time to perfect their application and take up some projects to level up their work experience status. Students can even appear for GMAT once again if they are not satisfied with their first scores.
There is a high chance that the students applying in 2nd round will face tougher competition for fewer seats. Students applying for round 2 also have to compete with the candidates on the waiting list for the first round. The availability of scholarships also gets reduced because most of the students apply for scholarships to study abroad.
Round 3 Application: Advantages & Disadvantages
In Round 3 the seats get more scarce. Top business schools can even get filled up and not admit any more students. For international students, applying for 3rd round is more stressful because they get very little time for the visa process.
However, students can get more time to analyse and perfect their applications and scores. They also get the chance of analyzing their earlier attempts and prepare accordingly.
MBA Acceptance Rates by Rounds
The table below shows differences between round 1, round 2 and round 3 acceptance rates of some of the top business schools globally. These MBA acceptance rates abroad are for the class of 2022.
As per the data, Harvard University stopped taking admission in its MBA program in round 3 and other universities have shown significantly less acceptance rates in round 3. LBS, INSEAD and UC Berkely are exceptions to this with high amount of acceptances in round 3.
| MBA Colleges | Round 1 Acceptance Rate | Round 2 Acceptance Rate | Round 3 Acceptance Rate |
|---|---|---|---|
| Harvard Business School | 7.2% | 8.7% | - |
| Kellogg School of Management (Northwestern University) | 29.1% | 30.1% | 6.7% |
| Ross School of Business (University of Michigan) | 33.9% | 26.1% | 24% |
| London Business School (LBS) | 19.9% | 30.6% | 35.5% |
| Hass School of Business (UC Berkeley) | 18.3% | 31.3% | 40% |
| Stanford Graduate School of Business | 9.4% | 10.2% | 6% |
| Sloan School of Management (MIT) | 14% | 19.7% | 19.4% |
| INSEAD | 31.7% | 40% | 55.6% |
| Booth School of Business (University of Chicago) | 27.1% | 31.5% | 29.6% |
| The Wharton School of Business (UPenn) | 19.5% | 24.8% | 17.4% |
| Yale School of Management | 27.5% | 21.4% | 10.5% |
| The Fuqua School of Business (Duke University) | 28.9% | 19% | 27.8% |
| HEC Paris | 32.5% | 25% | 40% |
International students are advised to apply in the 2nd round to give them enough time to apply for visas and still have a good chance at admission in the top MBA universities.
People Also Ask
Ques. Is MBA difficult in abroad?
Ans. Getting admission to MBA abroad is quite difficult as the universities ask for good GMAT, 2-3 years of work experience and an excellent academic score as well. The program is not exceptionally hard. Students who are not afraid of hard work can go through the course easily.
Ques. What is the acceptance rate for an MBA?
Ans. Acceptance rate is the percentage of students who get an offer letter from the university. It shows a rate of among 100 applicants how many the university accepts. Students can get an idea of how stringent the admission policies of the university are.
Ques. Is it hard to get accepted for MBA?
Ans. It is a bit tough to get accepted for MBA abroad. Students have to submit GPA scores of around 3.5/4 (85%) on average, a GMAT score and 2 years of work experience on average. Admission requirements can vary by university.
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