Didn’t make the round 1 MBA app deadline? There’s still time to apply in 2023

BY Sydney LakeDecember 09, 2022, 2:05 PM
Students in a common area inside Henry R. Kravis Hall at the Columbia Business School campus in New York, as seen in September 2022. (Photographer: Amir Hamja—Bloomberg/Getty Images)

Application season for the full-time MBA classes of 2025 is very much underway. On Dec. 8, Harvard Business School, which Fortune ranks as having the No. 1 full-time MBA programs in the U.S., released its round 1 application decisions.

“For those thinking of applying to HBS in Round 2, we hope you will. Round 2 is the final opportunity to apply to the MBA Class of 2025 (entering fall 2023) and the deadline is a little less than a month away on Jan. 4, 2023,” a message from the admissions office posted on Dec. 7 reads. “There’s still plenty of time to put together your application and submit it.”

While HBS probably isn’t the only school you’re applying to, many other top business schools have round 2 and round 3 admissions deadlines looming. These applications take time, dedication—and often an investment—to complete. You’ll likely need to have top GMAT or GRE scores, stellar recommendation letters, polished essays, and a stacked resume to get admitted to one of the top business schools in the U.S.

There’s no real “secret sauce” into gaining admission to a top business school, but it’s critical to showcase your best work.

“I always tell people, ultimately, when you hit that submit button, you want to hit it and not have any regrets,” Shaifali Aggarwal, an HBS graduate, previously told Fortune. “You want to truly make sure you have put your best foot forward throughout the process so that whatever happens, [there are] no regrets.” Aggarwal is the founder and CEO of Ivy Groupe, an MBA admissions consulting firm. 

Since there are still plenty of opportunities to apply to a full-time MBA program starting in fall 2023, Fortune has compiled a list of the deadlines for the top 20 ranked full-time MBA programs. Salary information listed are post-graduation figures.

Harvard Business School

Fortune full-time MBA ranking: No. 1 

Round 2 deadline: Jan. 4, 2023

Round 2 decision by: March 29, 2023

Average GMAT: 730

Acceptance rate: 13%

Median starting base salary: $175,000

University of Chicago Booth School of Business

Fortune full-time MBA ranking: No. 2

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 23, 2023

Round 3 deadline: April 22, 2023

Round 3 decision by: May 25, 2023

Average GMAT: 732

Acceptance rate: 22.63%

Median starting base salary: $175,000

Kellogg School of Management at Northwestern University

Fortune full-time MBA ranking: No. 3

Round 2 deadline: Jan. 10, 2023

Round 2 decision by: March 28, 2023

Round 3 deadline: April 5, 2023

Round 3 decision by: May 10, 2023

Average GMAT: 727

Acceptance rate: 26%

Median starting base salary: $165,000

Wharton School of the University of Pennsylvania

Fortune full-time MBA ranking: No. 4 

Round 2 deadline: Jan. 4, 2023

Round 2 decision by: March 23, 2023

Round 3 deadline: March 29, 2023

Round 3 decision by: June 29, 2023

Average GMAT: 733

Acceptance rate: 18%

Median starting base salary: $175,000

Stanford Graduate School of Business

Fortune full-time MBA ranking: No. 5 

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 30, 2023

Round 3 deadline: April 11, 2023

Round 3 decision by: May 25, 20223

Average GMAT: 738

Acceptance rate: 6.2%

Median starting base salary: $158,400

Columbia Business School

Fortune full-time MBA ranking: No. 6

Merit fellowship deadline: Jan. 11, 2023

Regular decision deadline: April 5, 2023

Average GMAT: 729

Acceptance rate: 19%

Median starting base salary: $150,000

New York University Stern School of Business

Fortune full-time MBA ranking: No. 7

Round 3 deadline: Jan. 15, 2023

Round 3 decision by: April 1, 2023

Round 4 deadline: March 15, 2023

Round 4 decision by: June 1, 2023

Average GMAT: 729

Acceptance rate: 19%

Median starting base salary: $170,000

Duke University’s Fuqua School of Business

Fortune full-time MBA ranking: No. 8

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 10, 2023

Round 3 deadline: March 28, 2023

Round 3 decision by: May 2, 2023

Average GMAT: 713

Acceptance rate: 19%

Median starting base salary: $160,055

MIT Sloan School of Management

Fortune full-time MBA ranking: No. 9

Round 2 deadline: Jan. 18, 2023

Round 2 decision by: April 3, 2023

Extended Round 2 deadline for applicants affected by tech layoffs: Feb. 23, 2023; notified in April

Round 3 deadline: April 11, 2023

Round 3 decision by: May 18, 2023

Average GMAT: 728

Acceptance rate: 12%

Median starting base salary: $150,000

University of Virginia’s Darden School of Business

Fortune full-time MBA ranking: No. 10

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 15, 2023

Round 3 deadline: April 5, 2023

Round 3 decision by: May 3, 2023

Average GMAT: 715

Acceptance rate: 30%

Average starting base salary: $144,933

Dartmouth College’s Tuck School of Business

Fortune full-time MBA ranking: No. 11

Round 2 deadline: Jan. 4, 2023

Round 2 decision by: March 16, 2023

Round 3 deadline: March 27, 2023

Round 3 decision by: May 4, 2023

Average GMAT: 724

Acceptance rate: Does not report

Median starting base salary: $175,000

Yale School of Management

Fortune full-time MBA ranking: No. 12

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 24, 2023

Round 3 deadline: April 11, 2023

Round 3 decision by: May 18, 2023

Average GMAT: 726

Acceptance rate: 23.57%

Median starting base salary: $160,000

University of California—Berkeley’s Haas School of Business

Fortune full-time MBA ranking: No. 13

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 23, 2023

Round 3 deadline: April 6, 2023

Round 3 decision by: May 11, 2023

Average GMAT: 726

Acceptance rate: 17.6%

Median starting base salary: $155,000

Cornell University’s Samuel Curtis Johnson Graduate School of Management

Fortune full-time MBA ranking: No. 14

January round deadline: Jan. 10, 2023

January round decision by: April 6, 2023

April round deadline: April 11, 2023

April round decision by: June 1, 2023

Average GMAT: 704

Acceptance rate: 29.45%

Average starting base salary: $155,048

University of California—Los Angeles (Anderson)

Fortune full-time MBA ranking: No. 15

Round 2 deadline: Jan. 4, 2023

Round 2 decision by: March 22, 2023

Round 3 deadline: April 12, 2023

Round 3 decision by: May 17, 2023

Average GMAT: 713

Acceptance rate: 29.8%

Average starting base salary: $130,000

University of Texas–Austin McCombs School of Business

Fortune full-time MBA ranking: No. 16

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 23, 2023

Round 3 deadline: March 28, 2023

Round 3 decision by: May 4, 2023

Average GMAT: 708

Acceptance rate: 34%

Average starting base salary: $144,564

University of North Carolina–Chapel Hill Kenan-Flagler Business School

Fortune full-time MBA ranking: No. 17

Round 2 deadline: Jan. 9, 2023

Round 2 decision by: March 13, 2023

Round 3 deadline: Feb. 27, 2023

Round 3 decision by: April 24, 2023

Round 4 deadline: April 17, 2023

Round 4 decision by: May 22, 2023

Average GMAT: 696 

Acceptance rate: 44%

Average starting base salary: $133,517

Indiana University—Bloomington (Kelley)

Fortune full-time MBA ranking: No. 18

Round 2 deadline: Jan. 5, 2023

Round 2 decision by: March 15, 2023

Round 3 deadline: March 1, 2023

Round 3 decision by: April 30, 2023

Final deadline: April 15, 2023

Round 4 decision by: May 31, 2023

Average GMAT: 679 

Acceptance rate: 32%

Median starting base salary: $130,000

Rice University (Jones)

Fortune full-time MBA ranking: No. 19

Round 2 deadline: Jan. 6, 2023

Round 2 decision by: March 15, 2023

Round 3 deadline: March 31, 2023

Round 3 decision by: May 10, 2023

Average GMAT: 705 

Acceptance rate: 42%

Median starting base salary: $135,000

University of Washington Foster School of Business

Fortune full-time MBA ranking: No. 20

Round 2 deadline: Jan. 3, 2023

Round 2 decision by: March 31, 2023

Round 3 deadline: March 14, 2023

Round 3 decision by: May 19, 2023

Average GMAT: 704 

Acceptance rate: 35%

Average starting base salary: $147,340

Check out all of Fortune’rankings of degree programs, and learn more about specific career paths.