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7 Surprising Facts About MBA Acceptance Rates

August 29, 2025
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There are many factors to consider when deciding which MBA program is right for you. To gauge how competitive a program is, consider its acceptance rates. Looking at acceptance rates can give students a general idea of a program’s selectivity and perceived prestige, but they shouldn’t be the primary or sole factor in choosing an MBA program.

Keep reading to learn more about MBA acceptance rates and how you can best navigate the MBA application process.

Why Are MBA Acceptance Rates So High at Some Schools?

Acceptance rates are useful data points, but the numbers alone don't provide a complete picture. To understand these data points, it's important to consider the size of each program's applicant pool, relative to the number of candidates accepted in a given year. Highly competitive programs may have more applicants and a limited number of spots for students in the incoming class, so they have no choice but to be very selective. At the same time, a school with a smaller applicant pool can accept more students. You might see schools with radically different acceptance rates, but the incoming class at each program might be the same size.

For example, in 2025, the University of Michigan's online MBA program has a 57% acceptance rate, with 362 applicants, 208 accepted, and 157 enrolled.1 Carnegie Mellon boasts an 80% acceptance rate. However, only 195 people applied, 157 were accepted, and 80 enrolled in the program.2

Carnegie Mellon's acceptance rate is much higher, but its program is very small. Michigan's acceptance rate is lower, but it has more spots for students in its program. These statistics might suggest that an applicant would have a stronger chance of being accepted at Michigan, as the program has space for more students.

Online MBA Programs Are Changing the Numbers

Online MBA acceptance rates tend to be higher than those for on-campus programs. Many online programs include asynchronous learning, self-directed pacing, and rolling admissions with multiple cohorts starting in a single academic year. This allows the programs to be flexible with admissions, since physical capacity isn't the limitation that it is for on-campus programs.

Another factor influencing the high acceptance rates in online programs is the advanced level of qualification among applicants. Online MBA programs are intended for working professionals. Applicants are highly qualified and have a diverse range of backgrounds, making them exactly what MBA programs are looking for.

The top online MBA acceptance rates aren't a sign that the programs are less competitive than the on-campus programs. Faculty may teach in both programs, ensuring that online students are receiving the same quality education as their peers on campus. Online programs are also considerably less expensive, which is one reason they are among the most popular graduate programs. The high quality and value make them very appealing, particularly for working professionals who want a flexible schedule without sacrificing academic rigor.3

Demographics Play a Bigger Role Than You Think

Businesses of all kinds are striving to attract customers of every age, gender, race, and ability. Having a staff that reflects its customer base is a benefit to any business. Employers are eager to hire skilled professionals with diverse backgrounds and broad industry experiences. As a result, MBA programs may seek out students who bring that same level of diversity to the program.4

When considering online MBA programs, look at the student demographics. Admissions committees may be eager to consider the applications of candidates from under-represented communities. Talk to the admissions staff at different programs to ask about their diversity policies. These conversations can give you important insights into the universities and programs you're considering.

MBA Acceptance Rates Vary Widely by Round

Most MBA programs have three rounds of applications for each incoming class, with round 1 deadlines in September or October, round 2 in January, and round 3 in the spring.5

According to U.S. News & World Report, round 1 tends to be the smallest pool of applicants, but it also often includes the best-qualified candidates.5 Students applying in the fall feel that their test scores, essays, and recommendations are very strong.

Round 2 is frequently the largest round and may include applicants who want more time to raise a GMAT score or secure better letters of recommendation. During the second round schools may also consider round 1 applicants who were placed on the waitlist. Round 3 is often smaller and includes students who were waitlisted on previous rounds.

Applying in round 1 may increase your chances of acceptance, if your application is strong. During the first round, the school is forming the cohort from scratch, so no demographics or professional backgrounds are over-represented.

Applying in round 2 won't necessarily reduce your likelihood of being accepted, but there are more applicants competing for fewer spots during that round. However, if taking more time on your application makes it stronger, applying during round 2 may be the best idea for you.

MBA Yield Rates Tell a Different Story Than Acceptance Rates

The number of students accepted to a program is rarely the number of students who enroll. The percentage of accepted students who decide to attend the program is known as the yield rate.

Yield rates paint a more detailed picture of the program than acceptance rates alone. If a high percentage of accepted students enroll, that may show the program is quite desirable and may have benefits like offering financial aid or other incentives for students to attend. A school with a low yield rate may have barriers to attendance, like high tuition costs or limited program offerings.6

Higher yield rates may not be a surefire sign that a program is a good fit for you, but it's worth investigating why a program may be appealing to a high percentage of accepted students.

International Applicants Face Unique Challenges

Many American MBA programs are attractive to international students. However, applicants may find that getting in isn't as easy as it is for U.S. citizens. Some programs limit the number of international students they will accept. Many programs have strict English-language competency requirements and minimum TOEFL scores. Financing graduate programs in the US can prove challenging as well, with international students being required to find a U.S. citizen to co-sign many loans.7

International students add valuable diversity to student cohorts. Bringing in students who will work all over the world creates a strong professional network for graduates of the program.

Deferred MBA Programs Have Their Acceptance Rate Trends

Some MBA programs have started offering a deferred enrollment option. This option allows undergraduate students to apply for an MBA program with the understanding that they will not begin classes right away. Instead, they will join the workforce for several years, then enroll in the program.8

Deferred admission applicants still have to submit transcripts and GMAT scores, but they don't have to show relevant workforce experience. Instead, they use their application to detail their career plans for the next two to five years, and the ways in which they expect that work experience to benefit them when they begin their MBA program.

Navigate the MBA Admissions Landscape With Confidence

If you're ready to apply to an online MBA program that offers an innovative approach to business, the Online MBA at CSUMB is the place for you. You don't need a GMAT score to apply to this fully online program. New sessions start three times per year, so you can begin classes quickly.

CSUMB offers the first online MBA program in the country with a focus on responsible business. Program graduates are positioned to apply innovative approaches and ethical leadership into the business world. More than half of CSUMB MBA graduates report receiving promotions or a higher-level position at a new employer during or after the program.

To learn more about CSUMB's Online MBA program, explore the program website or schedule a call with an admissions outreach advisor.