List of top 20 schools based on acceptance rate
I was reading an article and came across this. Here's the top 20 school rank based on acceptance rate if anyone is interested
1. Stanford - 6.8%
2. Harvard - 11.3%
3. MIT - 13.1%
4. Berkeley - 14.3%
5. NYU Stern - 16.0%
6. Columbia - 18.1%
7. Wharton - 18.7%
8. Tuck - 20.8%
9. Chicago - 21.0%
10. Yale - 21.3%
11. Kellogg - 21.6%
12. Cornell - 22.1%
13. UCLA - 22.3%
14. Darden - 25.1%
15. Duke - 26.5%
16. Olin - 29.9%
17. Emory - 31.2%
18. Tepper - 32%
19. Texas - 32.6%
20. Michigan - 33.7%
Michigan seems to be an easier place to get into compared to its peers. I wasn't aware that Michigan had such a high acceptance rate as last year's was around 40% too.
Great find.
Here is the same information, but in order of the schools' rank: http://poetsandquants.com/2014/03/12/acceptance-rates-at-top-50-u-s-bus…
From P&Q regarding Ross: "The University of Michigan’s Ross School of Business, for example, saw its acceptance rate fall to 33.7% from 40.6% in 2012. The latter number was something of an aberration for Ross caused when the school decided to shut down its co-signer loan program for international students. Ross decided to admit more candidates to offset the expected decline in offers from prospective students who decided not to go to Michigan because of the loan issue."
Although historically, it hasn't been this high. In 2010 (c/0 2012), the acceptance rate was 25%. Does anyone have insight into what's occurred there recently? I suspect it's due to an expansion of their facilities (and thus class size) which requires admitting more students, but I would like to hear what others think.
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How does Wharton accept more kids than Stern?
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thanks for the list
And some more related info, namely mean 2013 GMAT scores for the top 20. The link below contains the mean scores for the last 5 years. Over the past 5 years, the scores have trended upward:
http://poetsandquants.com/2014/03/11/average-gmat-scores-at-top-50-u-s-…
So many of my friends are stuck in the out-dated advice of "As long as you have a 700 GMAT, GMAT doesn't matter." They all got dinged from Top 10 schools despite impressive resumes. If you're white/asian male, its 720 to get a decent shot, and 740 to have a good shot. I'm sure some get in with lower, but its definitely the exception nowadays.
I'm sure there's a lot of truth to that. Naturally the weight adcoms place on your gmat score is dependent on how well you did in undergrad, but at a certain point, they have to use something to start eliminating applicants once they all start looking the same. Your GMAT score is a good place to start that process...
looks like someone monkey shitted you because they didn't like hearing the truth
Not being familiar with the US MBA scene, I am surprised to see such insanely high rates. Even Stanford at 7% is quite high when you have certain UG degrees where the rates are closer to 2%.
What UG program in the US has 2% acceptance rate? Stanford's admit rate is 5.07% this year, and that's the lowest in the country. You can't really compare this to UG system outside of the US where application doesn't take a lot of time and effort (and applicants don't self-select).
Wasn't referring to the US. I wouldn't agree with the point you're making about applications not taking much time and effort outside of the US for UG. However, I do see your point when you have to tailor applications to each school, although I believe even then after 2-3 schools it's pretty much copy/paste for US people.
@OpsDude I am always interested to know how people could think that when it's below average at every single top-10 school. I agree with you that they do, it's just confusing to me since average scores are posted everywhere.
This article from P&Q is an interesting discussion of the changes in GMAT scores over the last few years and the effect of a low score:
http://poetsandquants.com/2014/03/27/can-a-sub-700-gmat-take-you-out/
To really understand the rates you need to look at the applicant numbers. If a school takes 100 students and only 200 apply. Well their acceptance rate of 50% isn't really indicative of the quailty of education but more of a reflection of the applicant numbers for that year. This can be affected by a lot of factors. If students know that the school only takes 100 of the best students in the world many would be discouraged for even trying to apply.
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