Chicago Booth第一轮面了900多人

aspirant2010

谢谢楼上。Chicago去年总申请人数3000多人。如果今年第一轮光面试就有900多，那么第一轮申请人数可能就超过去年的大半了

weeksuper

今年真是挤破头了

tgif2008

...

turbo2008

From what I know, Booth received 4200 applicantions for class 2008. The acceptance rate is 22% and yield 60%. With these data in hand we can do some number crunching.

Number of offers extended= 4200 * 22% = 924.
Just as a check , class size = 924 * 60% = 554, coincides with Chicago's official class size.

Round 3 typically admits least applicants, let's assume distribution of offers for the 3 rounds are 2:2:1. then round 1 we shall see 2/5*920=370 offers.
Given this year's applicant pool is very likely stronger than last year's, R1 offers might reach 400.

So that gives us a range of 37% (worst case scenario based on our assumptions: 370/1000) to 44% (best case scenario: 400/900). This roughly matches what I was told at the info session: they admit about 40% of those who were interviewed. But of course things change every year. By using last year's data, we are merely looking into the rear view mirror here.

-- by 会员 wordance (2009/12/7 15:51:14)

wordance ... overall your logic makes sense. The only thing I would change is the assumption about distribution of accepted applicants by round. From what I have heard (half-insider) most b-schools accept very few applicants in R3. R1 + R2 account for over 90 percent of the offers.

Assuming class size of 580, and assuming the yield rate is 70% would result in 829 offers being made.  

Now, let's assume the distribution of offers for the 3 rounds are 10:9:2 (48%, 43%, 10%). Booth should extend 395 offers in R1 which results in 44% acceptance rate for those who received an interview in R1.

wordance

From what I know, Booth received 4200 applicantions for class 2008. The acceptance rate is 22% and yield 60%. With these data in hand we can do some number crunching.

Number of offers extended= 4200 * 22% = 924.
Just as a check , class size = 924 * 60% = 554, coincides with Chicago's official class size.

Round 3 typically admits least applicants, let's assume distribution of offers for the 3 rounds are 2:2:1. then round 1 we shall see 2/5*920=370 offers.
Given this year's applicant pool is very likely stronger than last year's, R1 offers might reach 400.

So that gives us a range of 37% (worst case scenario based on our assumptions: 370/1000) to 44% (best case scenario: 400/900). This roughly matches what I was told at the info session: they admit about 40% of those who were interviewed. But of course things change every year. By using last year's data, we are merely looking into the rear view mirror here.

-- by 会员 wordance (2009/12/7 15:51:14)

wordance ... overall your logic makes sense. The only thing I would change is the assumption about distribution of accepted applicants by round. From what I have heard (half-insider) most b-schools accept very few applicants in R3. R1 + R2 account for over 90 percent of the offers.

Assuming class size of 580, and assuming the yield rate is 70% would result in 829 offers being made.  

Now, let's assume the distribution of offers for the 3 rounds are 10:9:2 (48%, 43%, 10%). Booth should extend 395 offers in R1 which results in 44% acceptance rate for those who received an interview in R1.

-- by 会员 turbo2008 (2009/12/7 17:36:56)

thanks for the info on R3 acceptance rates. That's what i suspected but never confirmed on. As a R1 applicant i certainly hope they admit more ppl in R1. so this is definitely good news!

also on the yield rate, I remember reading from some report on chicago booth quoting a 60% rate, not sure where you got 70% rate from but this doesn't matter as we are all looking at historical data and this year's outcome can be drastically different.

weeksuper

i'm not sure whether it's discouraging or not. but i think the adcom may issue less offers and put more people on the waitlist in R1 this year than they did in previous years.

reason 1: given this year's heated competition, the adcom may expect a much higher yield rate this year. if that's the case, the adcom will not have the risk of exceeding the class limits. if it's lower than expected, they will have adequate ppl in the waitlist.

reason 2: given the high quality of R1 applicants this year and improving economy conditions, the adcom may expect that R2 applicants' quality may not be as good as R1's in this year. so the adcom may want to leave more ppl in the waitlist in order to benchmark with R2 applicants. therefore, it will be very unfortunate for R1 applicants if R2 pool is as strong as in R1.

well, hopefully what i'm thinking about is wrong. just a little bit anxious. anyway, i have done my best. there would be no regret for me for any kind of decision from Chicago Booth.

turbo2008

Just to make everyone happy (especially myself), lets look at the best case scenario:
Number of offers extended= 4200 * 22% = 924.
Assuming the distribution of offers for the 3 rounds are 10:9:2 (48%, 43%, 10%).
There will be 440 offers extended in R1. Acceptance rate of 49% for those who interviewed in R1!

zoeicy

Uhhh... Guess I should avoid reading discussions like this ... feeling so anxious now...

zhupp

Just to make your guys happier,

Here is the stats for class 2009. Total applicants is 3843 http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/chicago.html

They didn't list their yield rate here as other schools did. But from what I heard the yield rate of booth is 55%-60%.

I agree with weeksuper, they probably will waitlist more people in R1 than give out all 440 offers. I wouldn't expect this year will be more competitive than last year, so I guess R2 will be better and some people will get off WL then.

No matter what, good luck to everyone!!!

newborn2009

hehe, caught you here. I got your voice msg late Sunday night...

I also heard the yield rate is roughly 50-60%. A 2003 graduate even told me ~60% acceptance rate after interview, and he got in rd3 without an interview. I think the number varies year by year. Only Rose knows these all.

Just to make your guys happier,

Here is the stats for class 2009. Total applicants is 3843 http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/chicago.html

They didn't list their yield rate here as other schools did. But from what I heard the yield rate of booth is 55%-60%.

I agree with weeksuper, they probably will waitlist more people in R1 than give out all 440 offers. I wouldn't expect this year will be more competitive than last year, so I guess R2 will be better and some people will get off WL then.

No matter what, good luck to everyone!!!

-- by 会员 zhupp (2009/12/9 0:57:13)