Considering Round two data
It might often look like Round one is inevitably the better decision, especially if you have looked into resources like the GMAT Club and the Clear Admit Decision Tracker.
The data available there can make it look like Round one always wins. But there are a few caveats attached to these data:
The decision tracker data pool is quite small and it over-represents international applicants, a group that tends to do better in Round one.
In addition to thoughtful applications from applicants who have good reasons to delay, Round two also has a large number of weaker applicants who made a last-minute decision to apply.
If you prepare carefully, your Round two application could be much stronger than theirs.
Why You Should Always Commit to One Round
It may seem tempting to split your applications across rounds so that you have more time to do the work of writing your applications, but this is usually a bad idea for a few reasons:
If you have all of your acceptance letters in hand at the same time, you can better negotiate for financial aid and avoid the risk of putting down a deposit at one school and then getting a better offer during a later round.
Filling out multiple applications isn’t as much extra work as it may appear. If you have a solid idea for your career goals, development plan, and personal story, writing school-specific essays is quite manageable.
You may actually cause yourself more hardship and strife. Round one decisions are announced only a short time before the deadline for Round two.
As a result, it is unrealistic to apply during Round two after you have heard about Round one. A disappointing Round one with no set Round two materials means you will be putting together all of your applications over the end of the year holiday break.
By being strategic about which round you apply in, you can play to your strengths, have a solid plan going into your application year, and maximize your chances of acceptance.
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