If you have been waitlisted you are in good company. When I went through the MBA application process I got waitlisted at both Wharton and Chicago Booth. My initial thoughts were that I had just missed out on a place and that the only way I was going to get admitted was if someone better than me declined their offer. I can tell you from experience, though, that this is far from reality. Many business schools use a waitlist system to manage their acceptance rate, a metric used to institutions that rank MBA programs. As a result, business schools often waitlist talented candidates to determine if they are actually committed to attending their program.
The best response to being waitlisted is to write a follow up letter to the admissions committee. A great letter will outline a candidate’s interactions with the business school community, new achievements, and value to the class (here is my waitlist letter to Chicago Booth). It is also worth reaching out to current students and alumni who can support your application. Every bit of support will help.
Getting admitted to business school after being waitlisted is easier than you think! If you put in the effort and show your commitment to the admissions committee I’m sure you will be rewarded with success.