MBA Application Deadlines

This is one of the most common and hotly debated questions in the MBA application process. The short answer: apply when you’re ready – and not before.

If your application is strong – your resume, essays, test scores, and recommendations are polished – Round 1 is a great opportunity, especially for top-tier programs. But rushing just to meet a September deadline can do more harm than good. Round 2 is still a very viable round with a similar level of competition, so it’s worth waiting if the extra time helps you deliver your best work.

Judith Hodara, former head of admissions at Wharton and Fortuna Co-Founder, explains:

“HBS, GSB and Wharton really are round agnostic when it comes to the Round 1 versus Round 2 debate. Strong candidates are admitted in both rounds, and indeed sometimes Round 1 candidates are put on hold to see what the Round 2 pool brings. The key is not when you apply, but how ready your application is.”

There’s a perception – especially among applicants from consulting or banking – hat Round 1 is a must, but this isn’t always true. As Judith often tells her clients:

“Don’t submit an application you’re not proud of just to meet a deadline. It’s better to take the time to do it right.”

We also recommend thinking strategically: apply in Round 1 to a school you care about, even if it’s not your top choice. Schools like Tuck and Fuqua value demonstrated interest, and applying early can help signal that they’re a priority.

Finally, many applicants take a hybrid approach: submit applications to a few key programs in Round 1, and then expand or adjust their strategy in Round 2 based on early results.

Deferred MBA deadlines are for candidates who are still in school – either undergrad or master’s programs – who want to secure admission for the future. If accepted, you’ll work for 2–5 years before enrolling at business school.

Top schools like Harvard (2+2), Stanford GSB, Wharton, MIT Sloan, and Chicago Booth all offer deferred entry options. These programs have their own MBA application requirements, often including strong academic performance, leadership potential, and long-term clarity of purpose. Most deferred MBA deadlines fall in April.