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The best shows in town are always the hardest to get into, and so it is with MBA courses. All of them receive more applications than the number of places for students, although the ratio between applications and admissions is not necessarily a decisive measure of how good the school is.

A great many applications are rejected because they do not meet the basic criteria: generally an undergraduate degree, or its equivalent, plus several years’ work experience. The best schools – or at any rate the ones that rate the highest in published rankings or on the unofficial grapevine among leading employers and recruiters – tend to be the ones that have the toughest admission standards for those who are, prima facie, eligible. In his book, How to Get Into the Top MBA Programmes, the educational consultant, Richard Montauk, points out that hundreds of thousands of people apply to business schools around the world every year. “Not all of them are aiming for the world’s best programmes, but most of them want to get into the best programmes they can manage.” The ratio between those who meet admissions criteria and those who are actually admitted provides the clue to how choosy a school can afford to be.

Source: The Official MBA Handbook,
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