I think all candidates planning on MBA program for 2013 admittance should have a look at Heavy Round One Volume Expected, an article by John Byrne in Poets & Quants. Applicants are always asking me about R1 versus R2. Previously, I’ve tried to be more school specific about my answer, but I suspect that with top programs, there will be fewer reasons to concentrate on the precise program, but my answer will remain very applicant specific. One issue that has consistently arisen for me personally is that my advice on R1 does differ predicated on the backdrop of the applicant.
For example, considering that I work with many AMERICANS in the financial sector, I do highly recommend that given the amount of competition, amongst men especially, that they apply in R1. Also, as I use many Indians (both in India and worldwide), given the amount of competition they will face, I believe R1 is vastly much better than R2 for them. If you are a male North American banker or an Indian male IT guy, R1 is so preferable clearly. That said, I have certainly had clients in both categories flourish in R2, but they obviously face so much competition and have such a greater chance of getting dinged or waitlisted.
On the other hand, when I work with Japanese clients, I simply emphasize the level to which they are ready to make software because I don’t see much difference in R1 versus R2 final results amongst them. This often can be applied even to Stanford. To exceed my very own perspective, I asked some of my colleagues who run their own counseling services about their opinions with this issue. Before providing their perspectives, I needed to briefly mention that admissions talking to in Japan arose quite separately from such services in America.
Japanese companies have sponsored some of their most able employees for MBA and highly desired that such employees gain admission to top universities. These objectives, combined with the need to conquer linguistic and cultural barriers helped to establish a relatively large number of admissions consulting services in Japan. Most services concentrate primarily on meeting the needs of Japanese applicants and the ones of expats (Americans, Canadians, Chinese, and Indians are most common). Tokyo remains a high stop for admissions officers as the vast majority of applicants to top MBA programs in Japan are located in the Tokyo area. While companies used to be the dominating players in the forex market, at this true point it is all about 1-2 person functions like mine.
One of the very most experienced counselors providing Japan market is Stephen Round, who started as an admissions advisor in 1995. Stephen is the Executive Director of Round One Admissions Consulting. When I asked him concerning this pressing concern, he said “Many MBA candidates whom I’ve met this year have expressed a solid desire for applying in the first circular.
” Like Stephen, I understand there is nothing at all more unpleasant than seeing a client rush through the process and be ill prepared for interviewing. Then panic Rather, I suggest creating a PLAN A, PLAN B, PLAN C, and a WORST CASE SCENARIO. I believe that being proactive is the best strategy.” As Ed suggests, planning for any applicant is critical, for those who are still struggling with TOEFL especially, IELTS, GRE, and/or GMAT. My colleague and friend since 2002, Vince Ricci, own and function Vince Admissions.
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Like me, he is seeing an increased quantity of clients focused on R1: “I am getting inquiries earlier than ever. The latest counselor to look self-employed in Tokyo is John Couke, Independent Academic Advisor. John trained under Vince and I back in 2006 and was owning a company in Tokyo’s guidance service until earlier this year. John says that he “feels a slight upsurge in R1 application but it might be because my point of interaction with clients has changed over the past year.
What I hope you can view from these different perspectives is that all applicant’s specific situation is a much greater consideration than whether to apply in R1 or R2. The counselors interviewed because of this article concur that applicants should seek advice from with their advisors about which software round makes the most sense because of their particular circumstances. Therefore, than do what everybody else is doing rather, applicants should think about their own particular situation.