Admissions Tip: Post-Rejection Reflections
While we always hope reports of success will dominate MBA LiveWire, the reality is there are only so many seats in a class, and that leading MBA programs reject many more applicants than they admit.
This Admissions Tip is here to help you move forward in the MBA admissions process if you did not receive good news in Round 1.
Reconfiguring Following Rejection
If there is any good news when it comes to being rejected in the first round, it’s that it’s still early in the application season, and not too late to re-adjust your strategy and target appropriate programs for Round 2. Round 2 application deadlines generally fall in the first couple of weeks of January, which leaves a bit more time to prepare a new set of applications. It is also often the case, that your first applications are not the strongest. You learn through this process, and could potentially submit stronger applications for Round 2. Or it might be the case that you need to re-evaluate your goals, and then target a new set of programs that are appropriate for those goals. You could also adjust the competitiveness of the programs you target. So if you struck at all of your R1 targets, you may need to shift your target to slightly lower ranked programs.
Rejection Reflection
You also might want to take a hard look at what the schools which chose not to interview you, might have found lacking. If you failed to make a compelling case for the degree or to properly showcase your experience in your essays, it might be a good time to get a fresh perspective from a third party on your materials. If your recommendations may have been lacking, speak with your writers or seek out new colleagues who might be able to better support your candidacy.
Of course, if there isn’t something as tangible as a poor test score, shoddy essays, or subpar letters of recommendation, you may need to take a longer view. For instance, if you lack professional experience, leadership accomplishments, or outside activities, it might make sense to delay your MBA ambitions, and reapply in a following year. Reapplicants are generally looked upon favorably in the admissions process.
MBA Motivations
Finally, you might want to reassess whether the MBA is the right, next step for you. Perhaps the admissions committees are doing you a favor, and nudging you in a different direction.
Chin Up!
There’s no doubt that receiving negative results can be painful, but it’s how you handle the situation that will determine your future. Don’t lose site of the fact that news of rejection(s) is actually useful feedback in a process that can be quite opaque. Take the feedback to heart, regroup, reassess, and devise a plan to help you reach your goals.
MBA Applywire
I have about 4 years of experience at a financial derivatives advisory firm, where I'm a Vice President advising real estate and equipment-finance clients on hedging strategies. My firm is very small. which means, I am asked to take leadership roles. For example, I lead our largest client relationship, and I get to present to clients' executives and investors. Before this, I had one year in a mid size public sector consulting firm and before that, I had a year of service in the AmeriCorps, working in homelessness services.
I have a 3.58 GPA from a good but not top tier public university. At graduation I have 150 credits, which meant I was able to graduate with two bachelors degrees. They were a B.S. in Math and Economics, and a B.A. in History.
Outside of work, I volunteer roughly 120 hours a year with a hunger-relief nonprofit a and serve as a junior board member. I also organized my company's first ever annual day of service, which we've continued for 3 years. My personal interests include collecting vinyl records, and learning ancient History.
Post-MBA, I want to build on my background in real estate capital markets to move into banking on the lending side, with a particular focus on real estate. I like the real estate world, but I want to work at a bank as I think a larger institution would provide more opportunities for growth in the larger world of finance.
I am struggling to decide which schools to apply to. I keep adding programs to my list, and I already think my list is too high. My brother wants me to apply to Stanford because he's moving to the Bay Area, but I don't think I'd be competitive. My dream school is Wharton, but I think it's a long shot.
Also, in case it's relevant, I am a 28 year old White male from Pennsylvania, and a member of the LGBTQ community.
My low cgpa was as a result of working part time during my undergrad to cover my expenses and mostly for experience. Parent's business run into financial challenges made things difficult because i had to pay my fees. had CGPA of 3.0+ in 3rd and 4th year in my undergrad(60 credit hours). currently work in commercial bank in CX with 4yrs Work Exp. It will be 6yrs when I apply for the MBA ,I will be promoted to a different unit soon. pro bono consulting for young entrepreneurs. Led youth groups at church and organize capacity building events.
Plan on writing the GRE with 330 as target.
Hoping for a significant scholarship
1. I want advise on how to build my profile to make me an ideal candidate for R1 acceptance and $$$
I have worked for over 10 years in sales and business development and I am currently completing a PostGraduate Diploma in Banking and Finance and I need an a good MBA to enable me pivot into financial services.
Currently working in consulting with a major FMCG/alcobev client, mainly across analytics, supply, and business problem-solving work. Over time, I’ve realized I enjoy understanding why problems exist within organizations and how teams, systems, and decisions can work better together, which is what’s pushing me towards strategy consulting and an MBA.
A lot of my interest in business also comes from seeing how everyday products and operations work behind the scenes. Outside work, I co-founded and ran a digital literacy initiative (1yr 2mo) during COVID where we helped elderly individuals and women from underserved communities learn basic digital tools to stay connected and manage daily activities during lockdown.
I’m currently preparing for the GMAT and exploring schools such as LBS, Fuqua, Ross, Tuck, and a few reach schools depending on how the score progresses.
MBA LiveWire
Rejected after being kept on waitlist for 6 months. Annoying but am anyway committed to Dartmouth
a bit of a bummer but that's okay. got into several other great schools :)