Rankings and
Admission Criteria
Applicants Accepted
Certain business schools such as University of Chicago
and Carnegie Mellon have rather self-selecting applicant pools and, therefore,
it is not necessarily accurate to judge these particular MBA programs as being
"easier to get into".
Average GMAT Score
This admissions criteria does serve as a fairly good indicator
of a business school's selectivity. When the average score is below 650, such as it is
with Indiana (Kelley), Rochester (Simon) and Purdue (Krannert), you can safely
assume that these schools are materially more likely to extend you an admission
offer.
Don't assume though that a good GMAT will get you in or
even give you a significant advantage. It just isn't given that much weight.
Kellogg reports for its 2003 entering class that 18% of applicants who scored
700 or greater were offered admission but that more than 13% of applicants who
scored between 650-690 were also admitted.
Average Years of Work Experience and Average Age
These criteria are nearly
uniform across all the top business schools. The difference between the
successful applicant at Stanford or Harvard and the applicant who is only
successful at the bottom 5 of these MBA schools is that the
"stereotypical" student at Stanford or Harvard has a remarkable resume
with many accomplishments and rapid promotions whereas the
"stereotypical" student at USC (Marshall) or Vanderbilt
(Owen) has achieved one or maybe two promotions in his or her 4 to 5 years of
work experience and had nothing exciting or dramatic to report in the
application essays to the top business schools.
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