For a candidate applying in the round three of MBA applications, timing is very important. An effective candidate will prove successfully that it’s the best time for him or her, when they need to do the MBA course to enhance their career goals. |
But unfortunately for most of the candidates who apply in the third round, their reasons for delayed timing are all wrong. Most of them have been quite unorganized and could not complete the application process in time for the first or the second round. Another wrong reason could be that they were rejected from the school they had dreamed of and applied to, so are now making last minutes efforts to get into some substitute course. The burden to prove that their action in relation to the timing is valid always falls heavily on the candidate.
Generally the school uses the third round candidates to balance their class profile for the upcoming batch thus making it difficult for the candidates of the third round. The admission committee will start their admissions calendar with a Target: This year we want 35% internationals, 23 % finance undergrads, 25% engineers, etc. etc. Also, we would be looking at 11% of the class from India, x from China, y from Europe, and we want our class to represent 37 different countries. They also target an average GMAT score, and average GPA, and average years of work experience. So, they have this agenda, and some bucks in the pocket to dole out scholarships. By the time the final round takes place, best courses have their seats reserved for the brilliant students who applied in the first or the second round and there is also a big waiting list already crafted out. The school may not be sure of the exact number of students who will actually join the course but they have a fair ballpark. Thus the third round is to just fill few gaps rather than select the whole new team.
Adding to this problem the number of applications the third round receives, because of the timing issue, is much more than the number of seats available. Sometimes, for some courses this round receives more applications than it had in the first round.
So now the question that arises is, is it wise to send application in the final round? Definitely, the answer is yes especially if you have a valid reason regarding your timing and you have what the school is looking for. Talented candidates are always welcomed in the group at all times. If your credentials are impressive, they will take you irrespective of the round you will choose to apply. Even if all the parameters of your application are not hundred percent perfect, but you still have a talent that the school is looking for to expand and balance its class you will be welcomed.
For example if you have an exceptionally high GMAT score, or a GPA, some exceptional work to showcase or a community experience to share or even a convincing story then your chance to be called in the third round will be strong. If Saurav Ganguly or Rahul Dravid were to apply in the third round, they would still have decent chances. If you belong to an underrepresented group like candidates from the military, or women, also possess a non-traditional professional background then applying in the third round makes sense, for the schools may be looking forward for such candidates to fill the seats.
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