Business School Admissions: 3 years out
As a precursor - I am aware that the b-school admissions process is contingent on a multitude of factors, to the extent that predicting acceptance/rejection is basically a crap shoot.
That being said, I am interested in hearing everyone's opinion on the competitiveness of the admissions process 3-4 years from now. As many first year analysts and qualified undergrads are finding themselves without jobs in banking/PE/etc., I'm inclined to think the caliber of applicants (in terms of work experience) would be decidedly lower vis a vis 1st year MBAs as well as candidates currently applying for admission. This is a sweeping generalization as different schools tend to attract different candidates. Again, however, I am speaking in aggregate terms.