Hello,
I was wondering if anyone could comment on the differences in application rounds? I know there is much debate between rounds 1 and 2, and that generally you want to avoid round 3. I also know that the deadlines for scholarships are during round 2, but that does not really concern me.
In my case, I'm slightly behind the 8 ball if you will. I just took the GMAT for the first time on Monday, scoring a 640. My goal is 700 or at least 680-690. With my profile, this would give me a good shot at the schools I'm looking at. Initially, I was aiming for round 2 which is coming up in January. Unfortunately, I'm not going to be able to retake the GMAT until early January. (I'm taking an accounting course right now that is occupying a fair amount of time, so I want to wait until it finishes before I get back into the GMAT preparation.) So now I'm looking at round 3 which is in March.
The question is, is it worth it to apply during round 3? With my profile, I am not going to be a slam dunk applicant, so I'm trying to maximize the potential of getting accepted. Would it be smarter to just wait for the following round 1? I was planning on attending business school in the fall of 2010, so it would really kill me to have to wait around until 2011, but if my chance for admission is greater, then I can wait.
Any thoughts?