MBA Admissions 2021-2022: Dates & Top B-Schools

One of the most common yet highly effective tips for anyone hoping to get accepted into a top international MBA program is to start working towards the objective as early as possible. Any rush in the admission process could significantly reduce your chances of getting accepted. 

While last-minute applications succeed at times, it is not wise to rely on your luck when competing with some of the best brains from across the world. Every aspirant should note a few top international MBA programs and their application deadlines to eliminate any last-minute rush. 

With that in mind, here are some of the top B-schools and international MBA programs with their application deadlines for the year 2021-22-

Top 5 International B-Schools of 2021-22

1. Stanford University

Ranked #1 Business School for 2022 by the U.S. News, Stanford University is one of the top preferences for international MBA aspirants. In 2020, Stanford’s Graduate School of Business had an acceptance rate of 8.9%, with an average GMAT score of 733 and an undergraduate GPA of 3.8. Currently, their MBA program enrols 840 full-time students. 

[READ: How to Get into Stanford’s Graduate School of Business]

2. Harvard University

The Harvard Business School is another leading choice for international MBA aspirants. The B-school accepts GRE or GMAT scores, and international applicants should also submit their TOEFL scores. In 2020, the school had an acceptance rate of 11.50%, with an average GMAT score of 727. Currently, it enrols 1,593 full-time MBA students. 

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3. University of Chicago (Booth)

International MBA aspirants can also shortlist Booth School of Business at the University of Chicago to keep their options open. Applicants are required to submit their GMAT or GRE score along with their application. In 2020, the MBA students at the school had an average GMAT score and undergraduate GPA of 3.6. It currently enrols 1,220 full-time MBA students. 

4. University of Pennsylvania (Wharton)

With an impressive employment rate of 81% in 2020, the Wharton School of Business at the University of Pennsylvania is also a top contender. The business school accepts GMAT or GRE scores and has an acceptance rate of 27%. In 2020, the average student at the school had a GMAT score of 722 and an undergraduate GPA of 3.58. WBS currently enrols 915 full-time MBA students. 

[READ: Success Story – How an MBA Applicant Cracked Wharton with no Brand Background]

5. New York University (Stern)

The Stern School of Business at NYU has the highest acceptance rate of 29% compared to the schools listed above. It accepts GMAT, GRE, and even Executive Assessment scores. Due to the COVID-19 challenges, applicants can also request a test waiver. The average GMAT score to secure admission at Stern in 2020 was 723. The B-school has a batch size of 668 full-time MBA students. 

[READ: How to Get into Stern Business School]

2021-22 Application Deadlines

Here’s a quick overview of the application deadlines for the top 5 international B-schools listed above and a few others-

How to Prepare for MBA Application?

Here are some tips that can help you prepare for international MBA application-

• Check the university’s entry requirements and ensure that you meet them before applying.
• Understand the differences between CAT, GMAT, and GRE and select ones based on the international MBA program you are interested in.
• Finalize the MBA specialization beforehand.
• Consult with students who have already completed their MBA from your dream B-school
• The recommendation letter significantly impacts your MBA application; most top business schools require two recommendation letters.
• Plan your MBA financing carefully.
• Start preparing for interviews as soon as you successfully submit the online application.

[READ: How to Prepare for your MBA in Advance]

Kickstart International MBA 2021-22 Process 

The biggest motivation to apply for an international MBA is how the degree will boost your career. With most top B-schools, the median salary after graduation is $150,000 if you decide to work in a foreign country. But when you are competing with thousands of global aspirants, it is essential to make your MBA application stand out. 

[READ: 4 Steps to Strengthen Your MBA Application]