Friday, August 16, 2019

2019-2020 Round 1 MBA Deadlines

MBA Application Deadlines – Round 1 / Early Action


School Deadline Decision Essay(s) Released? Application Live?
UVA / Darden (Early Action) 9/3/2019 10/9/2019 Yes Yes
IESE (Early Decision) 9/3/2019 10/18/2019 Yes Yes
Harvard Business School (R1) 9/4/2019 12/10/2019 Yes Yes
Oxford / Saïd (R1) 9/6/2019 10/18/2019 Yes Yes
Cambridge / Judge (R1) 9/9/2019 11/11/2019 Yes Yes
Yale SOM (R1) 9/10/2019 12/4/2019 Yes Yes
Stanford GSB (R1) 9/12/2019 12/12/2019 Yes Yes
London Business School (R1) 9/13/2019 11/20/2019 Yes Yes
Indian School of Business (R1) 9/15/2019
Yes Yes
UPenn / Wharton (R1) 9/17/2019 12/18/2019 Yes Yes
Notre Dame / Mendoza (Early Decision) 9/17/2019 11/1/2019 Yes Yes
Northwestern / Kellogg (R1) 9/18/2019 12/11/2019 Yes Yes
INSEAD (R1) 9/18/2019 11/22/2019 Yes Yes
Duke / Fuqua (Early Action) 9/19/2019 10/28/2019 Yes Yes
Berkeley / Haas (R1) 9/26/2019 12/12/2019 Yes Yes
U. Chicago  Booth (R1) 9/26/2019 12/5/2019 Yes Yes
Michigan / Ross (R1) 9/30/2019 12/18/2019 Yes Yes
Georgetown / McDonough (R1) 9/30/2019 12/13/2019 Yes Yes
UCLA / Anderson (R1) 10/2/2019 12/18/2019 Yes Yes
Emory / Goizueta (R1) 10/4/2019 11/29/2019 Yes Yes
Columbia Business School (Early Decision) 10/4/2019 11/29/2019 Yes Yes
UVA / Darden (R1) 10/4/2019 12/11/2019 Yes Yes
CMU / Tepper (R1) 10/6/2019 12/11/2019 Yes No
Dartmouth / Tuck (R1) 10/7/2019 12/12/2019 Yes Yes
Cornell / Johnson (R1) 10/8/2019 12/11/2019 Yes Yes
UT  Austin / McCombs (R1) 10/8/2019 12/17/2019 Yes Yes
IESE (R1) 10/10/2019 12/5/2019 Yes Yes
Rice / Jones (R1) 10/11/2019 12/6/2019 Yes Yes
Duke / Fuqua (R1) 10/14/2019 12/18/2019 Yes Yes
UNC / Kenan-Flagler (R1) 10/14/2019 12/9/2019 Yes Yes
Vanderbilt / Owen (R1) 10/14/2019 12/13/2019 Yes Yes
NYU / Stern (R1) 10/15/2019 1/1/2020 Yes Yes
Notre Dame / Mendoza (R1) 10/15/2019 12/13/2019 Yes

レナード・N・スターン・スクール・オブ・ビジネス Class of 2021

NYU Stern got a jump start on introducing their Full-Time MBA Class of 2021. This week, they released their preliminary class profile on their admissions website.
Of the 3,518 applicants hoping to join the NYU Stern Class of 2021, only 919 were admitted and 359 enrolled, for a 26 percent admission rate. Those students are, on average, 28 years old and have 5.2 years of professional experience. A few of them were also fresh graduates, with 3 percent having no work experience.

Dramatic Jumps in Academic Performance

One of the major highlights from the Stern Class of 2021 is the improved academic performance of the candidates.
  • The average GMAT score rose 5 points, from 716 to 721
  • Average GPAs increased from 3.45 to 3.52
There was also quite a difference regarding undergraduate majors. While a quarter of the Class of 2020 majored in business, that percentage increased to 30 for the new group.  Meanwhile, the choice of engineering, math, or science as a major matched last year’s candidates at 22 percent. The third most popular major for the Class of 2021 was social sciences (19 percent) followed by economics (15 percent). This is a reverse of last year when a fifth of the class were economics majors.

Women on the Rise, Veterans Hold Steady

The Stern Class of 2021 is expected to arrive on campus with more women than last year—female enrollment rose from 35 percent to 36 percent. However, international diversity decreased slightly. Only 33 percent of the Class of 2021 maintains international citizenship in 37 different countries, compared to 39 percent last year.
There was also a slight decrease in the number of minorities represented in the student body. In the Class of 2021, around a quarter of students (24 percent) identify as minorities, 9 percent of whom are underrepresented minorities. That’s down from 29 percent and 13 percent from last year. However, 7 percent of students are still U.S. Military veterans or on active duty, which is owed in part to the Fertitta Veterans Program.

Work Experience and Industry Background

Students entering the NYU Stern Class of 2021 come from a wide range of industries and backgrounds, the most popular being financial services (28 percent). After that, prior industries are widely mixed with no other industry breaching 12 percent of the class. They include:
  • Consulting, 11 percent
  • Technology, 9 percent
  • Consumer, Products, Retail, 7 percent
  • Nonprofit, Arts, Education, 7 percent
To see the full profile as of July 31, 2019, visit the Stern Full-Time MBA admissions website.

ケナン・フラグラー・ビジネス・スクール UNC / Kenan-Flagler MBA Deadlines 2019-2020

The Kenan-Flagler School of Business has announced the UNC MBA deadlines for the 2019-2020 admissions season.

UNC is conducting its MBA application review process in four rounds this season. The Early Action deadline is intended for prospective students who are sure that the Kenan-Flagler MBA is their first choice. Early Action admits are required to submit a $3,000 deposit to secure their place in the class enrolling in Fall 2020; this deposit amount is twice that of the regular decision deadline rounds.
International applicants should note that UNC encourages them to apply in Round 3 or earlier.
Applicants should note that all submissions are due by 11:59pm ET on the date of each deadline.
UNC Kenan-Flagler’s 2019-2020 MBA application deadlines are as follows:

2019-2020 UNC / Kenan-Flagler MBA Deadlines

Round Application Deadline Decision Notification Deposit Due
Early Action Ocotober 14, 2019 December 9, 2019 January 10, 2020
Round 2 January 6, 2020 March 2, 2020 April 6, 2020
Round 3 March 2, 2020 April 14, 2020 May 8, 2020
Round 4 April 6, 2020 May 18, 2020 June 1, 2020

Saturday, July 27, 2019

The Most Selective MBAs: 2018 vs. 2015 Applications Per Seat

School 2018 Apps Per Seat 2015 Apps Per Seat Difference
Stanford GSB18.619.4-0.8
MIT (Sloan)13.610.63.0
UC-Berkeley (Haas)13.114.3-1.2
Yale SOM10.910.60.3
Harvard Business School10.610.30.3
New York University (Stern)10.210.9-0.7
Rochester (Simon)9.99.20.7
UCLA (Anderson)9.59.50.0
Northwestern (Kellogg)9.48.70.7
USC (Marshall)9.18.01.1
Dartmouth (Tuck)9.19.00.1
Arizona State (W. P. Carey)8.55.23.3
Washington University (Olin)8.311.2-2.9
Duke (Fuqua)8.17.60.5
Penn State (Smeal)8.19.5-1.4
Columbia8.07.60.4
Florida (Hough)8.010.4-2.4
Maryland (Smith7.89.3-1.5
UC-Irvine (Merage)7.79.4-1.7
Rutgers7.6NANA
Michigan (Ross)7.57.9-0.4
Washington (Foster)7.58.2-0.7
Chicago (Booth)7.37.30.0
Texas (McCombs)7.38.6-1.3
Penn (Wharton)7.27.7-0.5
Carnegie Mellon (Tepper)6.98.2-1.3
Emory (Goizueta)6.88.3-1.5
Virginia (Darden)6.77.7-1.0
Pittsburgh (Katz)6.6NANA
U.C.-Davis6.68.0-1.4
Boston College (Carroll)6.56.8-0.3
Ohio State (Fisher)6.35.31.0
North Carolina (Kenan-Flagler)6.38.5-2.2
Boston University (Questrom)5.97.3-1.4
Indiana (Kelley)5.97.9-2.0
Wisconsin5.98.1-2.2
Minnesota (Carlson)5.86.9-1.1
Georgia Tech (Scheller)5.88.4-2.6
Cornell (Johnson)5.76.2-0.5
Texas-Dallas (Jindal)5.58.6-3.1
Georgetown (McDonough)5.46.9-1.5
Texas A&M (Mays)5.47.5-2.1
SMU (Cox)5.25.00.2
Rice (Jones)5.06.7-1.7
Purdue (Krannert)4.89.2-4.4
Notre Dame (Mendoza)4.75.7-1.0
Georgia (Terry)4.4NANA
Vanderbilt (Owen)3.95.1-1.2
Michigan State (Broad)3.96.3-2.4
BYU (Marriott)2.42.6-0.2

MBA Class of 2018: Overall Admissions Data

School 2018 Acceptance Rate 2018 Applications 2018 Admits 2018 Enrolled 2018 Yield 2018 Apps Per Seat
Penn (Wharton)216,2451,29486266.6%7.2
Harvard Business School119,8861,03193090.2%10.6
Stanford GSB67,79747341988.5%18.6
Chicago (Booth)234,28998359160.1%7.3
Northwestern (Kellogg)224,47197847848.9%9.4
MIT (Sloan)135,56072740956.3%13.6
Dartmouth (Tuck)232,62161228746.9%9.1
Columbia176,0291,02875673.9%8.0
UC-Berkeley (Haas)153,82258929149.4%13.1
Yale SOM203,78577134745.0%10.9
Michigan (Ross)273,18886442349.0%7.5
Duke (Fuqua)223,55779844055.1%8.1
Virginia (Darden)332,24673933545.3%6.7
Cornell (Johnson)331,60052928052.9%5.7
UCLA (Anderson)243,42483135943.2%9.5
New York University (Stern)233,78187637042.2%10.2
Carnegie Mellon (Tepper)351,62857623641.0%6.9
Texas (McCombs)342,07669728440.7%7.3
North Carolina (Kenan-Flagler)471,73580927634.1%6.3
Emory (Goizueta)411,22750118136.1%6.8
Indiana (Kelley)381,08441518443.3%5.9
Washington (Foster)3593432812538.1%7.5
Georgetown (McDonough)551,45980627033.5%5.4
Notre Dame (Mendoza)4857927712344.4%4.7
Rice (Jones)4058723311838.8%5.0
USC (Marshall)282,01756922138.8%9.1
Vanderbilt (Owen)6270443517941.1%3.9
Georgia Tech (Scheller)354951718650.2%5.8
Washington University (Olin)331,11537213536.3%8.3
Minnesota (Carlson)395292089244.2%5.8
Arizona State (W. P. Carey)207641549058.4%8.5
Penn State (Smeal)18467825870.7%8.1
Wisconsin334651557951.0%5.9
BYU (Marriott)5331516613178.9%2.4
Michigan State (Broad)443231438358.0%3.9
Ohio State (Fisher)365882129444.3%6.3
UC-Irvine (Merage)275491507147.3%7.7
Purdue (Krannert)492311144842.1%4.8
Rochester (Simon)328292678431.5%9.9
Maryland (Smith364751716135.7%7.8
SMU (Cox)464692169041.7%5.2
Boston University (Questrom)5193247215733.3%5.9
Georgia (Terry)32227735271.2%4.4
Pittsburgh (Katz)344231446444.4%6.6
Texas-Dallas (Jindal)35276975051.5%5.5
Texas A&M (Mays)423751586943.7%5.4
Florida (Hough)19272513466.7%8.0
Boston College (Carroll)445022237734.5%6.5
U.C.-Davis392901134438.9%6.6
Rutgers364111485436.5%7.6

The Most Selective MBA Programs



HAAS AND SLOAN MAKE THE MEDAL STAND
Despite Stanford’s appeal – which includes a Mediterranean climate and a 10-minute drive to Silicon Valley – it isn’t the only MBA program that attracts top talent. MIT Sloan has traditionally ranked among the top programs in terms of applications-to-seats. Over the past three years, that ratio has jumped from 10.6 to 13.6. The quality of candidates has risen too, with Sloan enjoying a 15 point rise in average GMATs over the past five years (with an increase in women and international students as well).

U.C.-Berkeley Haas ranks as the 3rd-most selective MBA program at 13.1 applications for a seat in the Class of 2020. The 14th-largest full-time MBA program, Haas has experienced a point drop in applications-to-seats over the past three years. This reflects a larger trend, as Haas has enjoyed a healthy 1.1% increase in applications during the same period. In other words, more applicants became aware of the Haas brand. This increased popularity resulted in a slight decrease in selectivity. Then again, an increase in applications doesn’t always equate to a surge in truly committed candidates. In the past two years, for example, Haas’ yield has fallen from 53.1% to 49.4%. Translation: the drop was driven by tourists not devotees. 
SELECTIVITY AIDED BY CLASS SIZE
Yale SOM (10.9) and Harvard Business School (10.6) round out the five most exclusive programs, trailed closely by New York University Stern at 10.2 – a 0.7 of a point slide in the past three years. Overall, the top five programs share a similarity: they are all based on the coasts near tech epicenters. Excluding Northwestern Kellogg and Rochester Simon, the ten most selective MBA programs fit this description. Even there, Rochester Simon defies an easy explanation. Located in northwestern New York – a six-hour drive to the Long Island Sound – the Simon School averaged 9.9 applications for every one of its 84 seats. That number will only increase now that it has become STEM certified, potentially adding 36 months to an OPT work visa for international applicants.

Rochester Simon’s selectivity punches well above its ranking. The same can be said for Arizona State’s W. P. Carey Business School. However, the school’s 8.5-to-1 applicant-to-student ratio is part and parcel of its admissions policy, which had given full-ride scholarship to every accepted applicant three years (a policy that has since shifted to providing financial aid to students). Washington University’s Olin School, a traditional Top 20 outlier, also ranked as the 13th-most selective MBA program. That said, the school’s 11.2-to-1 ratio in 2015 placed it in the Top 3 – ahead of MIT Sloan and Harvard Business School, no less. That ratio has since dwindled to 8.3-to-1, thanks to a 29% decline in applications.
UC Irvine Merage School of Business

Second-tier programs like Penn State (8.1), Florida Hough (8.0), Maryland Smith (7.9), and U.C. Irvine Merage (7.8) also perform well with selectivity in contrast to their ranking. That said, each of these programs houses less than 100 students, meaning a rise in applications produces a bigger swing in the applicant-to-student ratio than larger programs. That’s one reason why, for example, Penn State tops Wharton and Rutgers edges out Chicago Booth in this measure. Aside from Harvard, scale simply undermines prestige.

Every measure has its downsides. For example, applications-to-seats isn’t necessarily a barometer of school health. Exhibit A: Brigham Young University’s Marriott School of Business. It attracts 2.4 applications for every student it enrolls – the worst conversion among the Top 50 MBA programs. That said, the school converted 131 of the 166 accepted applicants into actual students, ranking below just Harvard and Stanford in terms of yield. In other words, Marriott sealed the deal with 75% of its targeted candidates – a healthy sign indeed.

Shifting class sizes also impacts selectivity…but not as much as one might expect. When luxury companies boost inventory, they risk watering down their distinction. That isn’t necessarily the case in graduate business education. At Berkeley Haas, for example, the school has added 45 seats since 2015 thanks to increasing physical capacity. Without this bump, Haas’ applicants-to-seats ratio would stand at 15.5 instead of 13.1. That’s hardly a downfall considering the extra $2.5 million dollars in annual tuition revenue the school generated without any discernible decline in student quality.

Overall, 25 of the top 50 American full-time MBA programs lost ground over the past three years when it comes to exclusivity. This number, however, has been influenced by 32 of these schools attracting fewer applications during this period. What’s more, 10 programs have increased class sizes by 10 or more students, with another 11 schools trimming classes by the same amount.

Like any data point, selectivity is a flawed metric that doesn’t always follow expectations. What’s more, global prestige doesn’t necessarily equate to a local program’s deep roots with local industries and employers – where the right alum or opportunity can fast-track any MBA’s career. Still, prestige matters. Many people associate a personal brand with an MBA. Earning that degree from a household name confers credibility and latitude. The sum of thousands of acceptances and rejections can make a program selective or exclusive. Over time, it is the learning, experiences, and network that ultimately determines its prestige.


2019-2020 Early MBA Deadlines

MBA Application Deadlines – Round 1 / Early Action


School Deadline Decision Notification Essay Released? Application Open?
UVA / Darden Early Action 9/3/2019 10/9/2019 Yes Yes
IESE Early Decision Round 9/3/2019 10/18/2019 No Yes
Harvard Business School 9/4/2019 12/10/2019 Yes Yes
Cambridge / Judge 9/9/2019 11/20/2019 Yes Yes
Yale SOM 9/10/2019 12/4/2019 Yes Yes
Stanford GSB 9/12/2019 12/12/2019 Yes Yes
Indian School of Business 9/15/2019
No
UPenn / Wharton 9/17/2019 12/18/2019 No No
Notre Dame / Mendoza Early Decision 9/17/2019 11/1/2019 Yes Yes
Northwestern / Kellogg 9/18/2019 12/11/2019 Yes Yes
INSEAD 9/18/2019 11/22/2019 Yes Yes
Duke / Fuqua Early Action 9/19/2019 10/28/2019 Yes
Berkeley / Haas 9/26/2019 12/12/2019 Yes No
U. Chicago  Booth 9/26/2019 12/5/2019 Yes Yes
Michigan / Ross 9/30/2019 12/18/2019 Yes Yes
Emory / Goizueta 10/4/2019 11/29/2019 Yes Yes
Columbia Early Decision 10/4/2019 11/29/2019 Yes
UVA / Darden 10/4/2019 12/11/2019 Yes Yes
CMU / Tepper 10/6/2019 12/11/2019 Yes No
Dartmouth / Tuck 10/7/2019 12/12/2019 Yes Yes
Cornell / Johnson October Round 10/8/2019 12/11/2019 Yes No
UT  Austin / McCombs 10/8/2019 12/17/2019 Yes
IESE Round 1 10/10/2019 12/5/2019 No
Rice / Jones 10/11/2019 12/6/2019 Yes
Duke / Fuqua Round 1 10/14/2019 12/18/2019 Yes
Vanderbilt / Owen 10/14/2019 12/13/2019 Yes
NYU / Stern 10/15/2019 1/1/2020 Yes
Notre Dame / Mendoza 10/15/2019 12/13/2019 Yes