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Applying to business school can be overwhelming due to multiple application rounds and varying deadlines. This comprehensive guide breaks down the 2025–2026 MBA application cycle, including updated MBA application deadlines for top business schools, to help you plan your MBA application timeline with confidence. All deadlines listed are current and reflect the latest information released by each program.
Read more general guide to the MBA timeline here: A Comprehensive MBA Application Timeline–With Chart.
Overview of the Admissions Cycle
Most full-time MBA programs use a round-based admissions process, where applicants submit materials by set deadlines and receive decisions in batches. While the exact structure and timing vary by school, the overall cycle follows a consistent pattern across most US MBA programs.
Typical Application Rounds
Round 1 (Early Fall)
This is usually the first major deadline of the cycle. Applicants who apply in Round 1 are often those who feel confident in their profile early and want to demonstrate strong interest. Many schools have the most seats available in this round.
Round 2 (Mid-Winter)
Round 2 is commonly the most popular application round. It attracts a large and competitive applicant pool, including candidates who need additional time to prepare test scores, recommendations, or essays. Schools still have substantial space in the class at this stage.
Round 3 (Early Spring)
Round 3 is typically the final standard round for most programs. Fewer seats are available, and competition can be tighter. This round is often best suited for exceptional candidates or those with compelling changes since earlier rounds.
Early Application Options
Some MBA programs offer early application pathways, such as Early Action or Early Decision. These options allow candidates to apply earlier and receive decisions sooner. Policies, names, and requirements differ by school, and not all programs offer an early option.
Notes to Keep in Mind
- Deadlines vary by school and by year, so applicants should always confirm dates directly on each program’s admissions website.
- Not all schools use the same number of rounds; some may offer additional or specialized rounds.
- Admissions decisions are influenced by both application strength and timing, as class seats fill throughout the cycle.
There are some discrepancies among schools. For example, HBS only has two rounds, whereas Duke Fuqua has an early action and then four rounds.
Interviews and decisions go out at different times depending on the round you apply to. Generally, though, interview invitations are extended 4 to 6 weeks after the deadline.
While students can, and should, apply to different rounds, there is a strategy to maximize their chances of acceptance. For your top schools, it’s best to apply to either early decision or the first round, during which the least amount of places have been claimed. For safety schools, you can apply to the later rounds where your application will be more competitive. This division of rounds will also allow you to optimize your time so that you’re not overwhelmed by completing multiple applications at the same time.
After you have submitted your application, it is time to start preparing for the interview. Interview invitations are usually sent 3-4 weeks after the application deadline to about 20-40% of the applicants. The interview is the last step in the MBA application process. After it, all that’s left is to wait for decisions to be released.
Note: Before locking in your strategy, always check each school’s admissions page for the most up-to-date deadlines.

Customizable MBA Application Checklist
Access our free MBA checklist with everything you need to stay organized and additional expert resources.
MBA Application Deadlines
This chart lays out the application deadlines and timeline for the top 25 MBA schools.
| School | Round 1 | Round 2 | Round 3 |
| Stanford GSB | Sept. 9, 2025 | Jan. 7, 2026 | Apr. 7, 2026 |
| Harvard Business School | Sept. 3, 2025 | Jan. 5, 2026 | N/A |
| UPenn Wharton | September 3, 2025 at 5:00 PM ET | January 6, 2026 at 5:00 PM ET | April 1, 2026 at 5:00 PM ET |
| Chicago Booth | September 16, 2025 11:59 p.m. CT | January 6, 2026 11:59 p.m. CT | April 2, 2026 11:59 p.m. CT |
| Northwestern Kellog | Sept. 10, 2025 | Jan. 7, 2026 | April 1, 2026 |
| MIT Sloan | September 29, 2025 | January 13, 2026 | April 06, 2026 |
| Columbia Business School | September 3, 2025 | January 6, 2026 | March 26, 2026 |
| UC Berkeley Haas | September 11, 2025 | January 8, 2026 | March 31, 2026 |
| Yale SOM | September 10, 2025 | January 6, 2026 | April 14, 2026 |
| Dartmouth Tuck | September 25, 2025 5:00pm ET | January 05, 2026 5:00pm ET | March 25, 2026 5:00pm ET |
| NYU Stern | September 15, 2025 | October 15, 2025 | January 15, 2026 |
| Duke Fuqua | September 30, 2025 | January 8, 2026 | February 24, 2026 |
| Michigan Ross | September 8, 2025 | January 5, 2026 | March 23, 2026 |
| UVA Darden | October 1, 2025 | January 7, 2026 | April 1, 2026 |
| Cornell Johnson | September 17, 2025 | January 8, 2026 | April 7, 2026 |
| CMU Tepper | September 30, 2025 | January 8, 2026 | March 3, 2026 |
| USC Marshall | October 15, 2025 | January 15, 2026 | April 15, 2026 |
| UCLA Anderson | October 1, 2025 | January 6, 2026 | April 7, 2026 |
| UT Austin McCombs | October 15, 2025 | January 15, 2026 | April 1, 2026 |
| UNC Kenan-Flagler | October 7, 2025 | January 6, 2026 | March 3, 2026 |
| Georgetown McDonough | October 1, 2025 | January 7, 2026 | April 1, 2026 |
| UW Foster | October 1, 2025 | January 6, 2026 | March 24, 2026 |
| Indiana University Kelley | October 15, 2025 | January 5, 2026 | Mar. 1, 2026 |
| Vanderbilt University (Owen Graduate School of Management) | Oct. 1, 2025 | Jan. 7, 2026 | Feb. 24, 2026 |
| Rice University Business School | October 17, 2025, 11:59 PM CT | January 16, 2026, 11:59 PM CT | April 3, 2026, 11:59 PM CT |
Additional Information
| School | Deadline Information |
|---|---|
| NYU Stern | 4th Round: April 15, 2026 |
| Duke Fuqua | 4th Round: April 1, 2026 |
| CMU Tepper | 4th Round: May 5, 2026 |
| UNC Kenan-Flagler | 4th Round: April 21, 2026 |
| Indiana University Kelley | 4th Round: March 1, 2026 |
| Vanderbilt University (Owen Graduate School of Management) | 4th Round: April 1, 2026 | 5th Round: May 15, 2026. |
| Rice University Business School | 4th Round: May 27, 2026, 11:59 PM CT. |
See our article on the acceptance rates and class profiles of the top 25 US MBA programs here.
Deferred MBA Application Deadlines
Deferred programs have become a lot more popular in recent years. Now, almost every top program offers some alternative route to an MBA for college seniors. For more info on deferred programs, head to: Top 10 Deferred MBA Programs—and How to Get In.
Here are the deadlines for the best deferred programs in the US:
- Wharton MBA: Wednesday, April 22, 2026, at 11:59 PM ET
- Chicago Booth Scholars: April 2, 2026 11:59 p.m. CT
- Columbia Business School: April 15, 2026
Get 1:1 Support From a Top MBA Admissions Coach
To give yourself the best chances of acceptance into a top MBA program, we highly recommend working with an admissions coach. They'll be able to provide expert insight personalized to your background, budget, and goals. Here are some of our top coaches. Browse all of them here.
Read these next:
- The Different Types of MBA Programs—and Which One is Right for You
- What is an MBA Degree? An Expert Guide
- MBA Requirements: What You Need to Apply (and What Top Programs Really Look For)
- T25 MBA Acceptance Rates, GPA, & Test Scores
- The Top 25 MBA Programs—Acceptance Rates, Tuition, and More
FAQs
What’s the best round to apply to for MBA programs?
- If your application is ready, Round 1 is usually your best bet. It has the most open spots. But Round 2 is still strong. Avoid Round 3 unless you have a very compelling profile.
Do all MBA programs have three application rounds?
- Not all. Some, like HBS, only have two rounds. Others like Duke and NYU may have four or even five. Always check each school’s official admissions page to confirm.
How early should I take the GMAT or GRE before applying?
- Ideally, 3–6 months before your first deadline. That gives you time to retake if needed and focus on the rest of your application without test stress.
When should I apply if I’m a college senior aiming for a deferred MBA?
- Deferred MBA deadlines usually hit in April. Most programs only have one round for deferred applicants, so mark that date and plan well ahead.
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