MBA round 3: Should I give it a shot, or wait for next year?
The answer, as is often the case in MBA admissions, is…it depends.
You didn’t think we’d give you a clear cut yes or no answer, did you?
FACT: The chances of gaining acceptance decrease as the rounds progress. This means that MBA round 3 acceptance rates are generally lower than in round 1 and round 2. Similarly, grants and scholarships are harder to come by later in the admissions game.
Now, this doesn’t mean that you shouldn’t apply. Your chances of acceptance are obviously zero if you don’t apply. They are greater than zero (even if not much greater) if you do.