What does getting waitlisted mean answers for those currently in mba purgatory

http://www.amerasiaconsulting.com/
What does getting waitlisted mean
Answers for those currently in
MBA purgatory

By the Amerasia Consulting Group,
Boutique MBA Admissions Consulting
What does getting waitlisted mean
Answers for those currently in
MBA purgatory
MBA Admissions Consultant | http://www.amerasiaconsulting.com

What does the waitlist mean?
It does not mean “no,” not even close.
It means you are competitive and you meet a base level
of qualifications,
However, you may be too close in profile to others that
apply or have a deficiency in one aspect of your profile.
Wait-listed generally means that you will be admitted if
someone who was admitted goes elsewhere.
This churn will happen.

However the likelihood of churn decreases as the
school's selectivity increases. For example - HBS and
Stanford GSB have to go to their waitlists less often than
Chicago Booth and Michigan Ross.
The waitlist acts as a buffer and is used, by the adcom, to
manage this situation.
Check the US News or Businessweek rankings to see
how many students actually accept (“yield”).
If the % of students electing to go else where is high, then
this is good news for you.

What are the mechanics of the waitlist?
Schools need to manage their “yield” as it impacts their
rankings in widely published magazines.
Having a low “yield” causes a school to fall in the
rankings. Obviously the adcom does not want this.
Often this means that the strongest candidates to a
school will actually get waitlisted as they are possibly
using the school as a backup.

If you listed stronger schools on your application as “other
programs you are applying to” this may increase your
chances of getting waitlisted.
What stinks about the waitlist is that you may be notified
close to the actual start date of class.
That gives you less of a timeline to make important
arrangements concerning your arrival at school.
It is important to note the “ripple effect”. That is, the
higher a school is ranked (HBS, Stanford, Wharton), the
more likely candidates on their waitlist will chose to
accept.

When these candidates accept, they deny their
acceptance at lesser ranked schools.
Then, the ripple continues and those on the waitlist at the
lesser ranked school get off the waitlist and are accepted.
This continues and finally you find yourself having to
make a decision only a few days or weeks before the first
day of class.
Further complicating the waitlist process is that adcoms
may not know what the actual composition of their
entering class is going to be.

If they have gaps in bankers or IT professionals (for
instance), they may elect to tap the waitlist to fill
deficiencies in the make-up of the class.
For those of you on the waitlist and in what we refer to as
MBA application purgatory, we can help.
Our waitlist guidance services will help maximize your
chances for getting off the waitlist and into the school of
your dreams.
For more information, please contact us at
MBA@amerasiaconsulting.com or through our online contact form.

If you are interested in the MBA Admissions Consulting services offered by
Amerasia, please email mba@amerasiaconsulting.com to inquire about setting up
a free consultation.
http://www.amerasiaconsulting.com/

What does getting waitlisted mean answers for those currently in mba purgatory

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What does getting waitlisted mean answers for those currently in mba purgatory