What does getting waitlisted mean answers for those currently in mba purgatory

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What does getting waitlisted mean answers for those currently in mba purgatory

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What does getting waitlisted mean answers for those currently in mba purgatory

  1. 1. http://www.amerasiaconsulting.com/What does getting waitlisted meanAnswers for those currently inMBA purgatory
  2. 2. By the Amerasia Consulting Group,Boutique MBA Admissions ConsultingWhat does getting waitlisted meanAnswers for those currently inMBA purgatoryMBA Admissions Consultant | http://www.amerasiaconsulting.com
  3. 3. What does the waitlist mean?It does not mean “no,” not even close.It means you are competitive and you meet a base levelof qualifications,However, you may be too close in profile to others thatapply or have a deficiency in one aspect of your profile.Wait-listed generally means that you will be admitted ifsomeone who was admitted goes elsewhere.This churn will happen.MBA Admissions Consultant | http://www.amerasiaconsulting.com
  4. 4. However the likelihood of churn decreases as theschools selectivity increases. For example - HBS andStanford GSB have to go to their waitlists less often thanChicago Booth and Michigan Ross.The waitlist acts as a buffer and is used, by the adcom, tomanage this situation.Check the US News or Businessweek rankings to seehow many students actually accept (“yield”).If the % of students electing to go else where is high, thenthis is good news for you.MBA Admissions Consultant | http://www.amerasiaconsulting.com
  5. 5. What are the mechanics of the waitlist?Schools need to manage their “yield” as it impacts theirrankings in widely published magazines.Having a low “yield” causes a school to fall in therankings. Obviously the adcom does not want this.Often this means that the strongest candidates to aschool will actually get waitlisted as they are possiblyusing the school as a backup.MBA Admissions Consultant | http://www.amerasiaconsulting.com
  6. 6. If you listed stronger schools on your application as “otherprograms you are applying to” this may increase yourchances of getting waitlisted.What stinks about the waitlist is that you may be notifiedclose to the actual start date of class.That gives you less of a timeline to make importantarrangements concerning your arrival at school.It is important to note the “ripple effect”. That is, thehigher a school is ranked (HBS, Stanford, Wharton), themore likely candidates on their waitlist will chose toaccept.MBA Admissions Consultant | http://www.amerasiaconsulting.com
  7. 7. When these candidates accept, they deny theiracceptance at lesser ranked schools.Then, the ripple continues and those on the waitlist at thelesser ranked school get off the waitlist and are accepted.This continues and finally you find yourself having tomake a decision only a few days or weeks before the firstday of class.Further complicating the waitlist process is that adcomsmay not know what the actual composition of theirentering class is going to be.MBA Admissions Consultant | http://www.amerasiaconsulting.com
  8. 8. If they have gaps in bankers or IT professionals (forinstance), they may elect to tap the waitlist to filldeficiencies in the make-up of the class.For those of you on the waitlist and in what we refer to asMBA application purgatory, we can help.Our waitlist guidance services will help maximize yourchances for getting off the waitlist and into the school ofyour dreams.For more information, please contact us atMBA@amerasiaconsulting.com or through our online contact form.MBA Admissions Consultant | http://www.amerasiaconsulting.com
  9. 9. If you are interested in the MBA Admissions Consulting services offered byAmerasia, please email mba@amerasiaconsulting.com to inquire about setting upa free consultation.http://www.amerasiaconsulting.com/
  10. 10. If you are interested in the MBA Admissions Consulting services offered byAmerasia, please email mba@amerasiaconsulting.com to inquire about setting upa free consultation.http://www.amerasiaconsulting.com/

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