Rankings and Admission Criteria
of Work Exp.
|1||U. of Pennsylvania (Wharton)||21%||732||5||N/A|
|13||UC — Berkeley (Haas)||12%||726||5.4||N/A|
|17||Carnegie Mellon (Tepper)||30%||690||5.6||N/A|
|18||UNC — Chapel Hill||46%||702||5||27|
|19||Texas — Austin (McCombs)||33%||703||5.6||28|
|25||Washington U. (Olin)||40%||694||4.8||28|
|29||Ohio State (Fisher)||31%||676||5.4||29|
Certain business schools such as University of Chicago and Carnegie Mellon have rather self-selecting applicant pools and, therefore, it is not necessarily accurate to judge these particular MBA programs as being “easier to get into.”
Average GMAT Score
This admissions criteria does serve as a fairly good indicator of a business school’s selectivity. When the average score is below 68, such as it is with Indiana (Kelley), Maryland (Smith), Ohio State (Fisher) and Purdue (Krannert), you can safely assume that these schools are much more likely to extend you an admission offer.
However, don’t assume that a good GMAT score will get you in or even give you a significant advantage. The test just isn’t given that much weight. While more than half of enrolled students at the top schools above 730 on the GMAT, the other half were, obviously, below this median.
Average Years of Work Experience and Average Age
These criteria are nearly uniform across all the top business schools. The difference between the successful applicant at Stanford or Harvard and the applicant who is only successful at the bottom five of these MBA schools is that the “stereotypical” student at Stanford or Harvard has a remarkable resume with many accomplishments and rapid promotions. On the other hand, a typical student at USC (Marshall) or Vanderbilt (Owen) has achieved one or maybe two promotions in his or her four or five years of work experience and had nothing exciting or dramatic to report in the application essays.