The gangbuster growth of business school applications during the recession appears to be a thing of the past for two-year full-time MBA programs. This year, application volume was down at 21 of the top 30 full-time MBA programs, according to data collected by Bloomberg Businessweek. The decline in applications is a trend that appears to be accelerating, with eight additional schools reporting declines in application volume this year over 2010. Applications were down at seven of the top 10 business schools, including the University of Chicago's Booth School of Business, Harvard Business School, and Northwestern University's Kellogg School of Management.

Stanford saw the biggest dip in application volume of the top 10 schools, with 586 fewer applications this year, an 8 percent decline from 2010. Still, some of the top 30 schools managed to buck the downward trend. Dartmouth University's Tuck School of Business, University of Michigan's Ross School of Business and University of California, Los Angeles' Anderson School of Management, reported substantial increases in applications, with each school receiving more than 200 applications over last year's total.

The downward spiral in application volume at the top 30 schools is mirrored in the business school world at large: 67 percent of two-year full-time MBA programs surveyed by the Graduate Management Admission Counil (GMAC) reported a decrease in applications this year, up from 47 percent in 2010. A skittish economy, coupled with candidates unwilling to leave their jobs, may be causing some to hold off applying to business school, GMAC noted in its latest survey of application trends. "The impact of economic uncertainty on admissions trends for full-time MBA programs may still be underway," GMAC said in the report.

The smaller pipeline of MBA applications this year meant that getting into some of the top business schools has become easier. Two-thirds of the top 30 business schools admitted a larger percentage of applicants this year, up from one-third the year before. The University of Minnesota's Carlson School of Management had the biggest slip in selectivity of the top 30 schools, admitting nearly 41 percent of students, up from 30 percent in 2010. More typical were the University of Southern California's Marshall School of Business and Brigham Young University's Marriott School of Management, both of which saw selectivity slip five percentage points. Even Stanford, the most selective of the top 30 business schools, became slightly easier to get into, accepting 7 percent of all applicants, up one percentage point from 2010.

The following list provides a more comprehensive picture of how application trends shook out at each of the top 30 schools, with a breakdown of application volume, selectivity, and yield or the percentage of accepted applicants who ultimately enroll. The University of Pennsylvania's Wharton School, where applications fell more than 5 percent this year, to 6,442, declined to supply selectivity and yield figures and is not included in this slide show. The schools are listed from least selective to most selective.

Photograph: MCT via Getty Images

The gangbuster growth of business school applications during the recession appears to be a thing of the past for two-year full-time MBA programs. This year, application volume was down at 21 of the top 30 full-time MBA programs, according to data collected by Bloomberg Businessweek. The decline in applications is a trend that appears to be accelerating, with eight additional schools reporting declines in application volume this year over 2010. Applications were down at seven of the top 10 business schools, including the University of Chicago's Booth School of Business, Harvard Business School, and Northwestern University's Kellogg School of Management.

Stanford saw the biggest dip in application volume of the top 10 schools, with 586 fewer applications this year, an 8 percent decline from 2010. Still, some of the top 30 schools managed to buck the downward trend. Dartmouth University's Tuck School of Business, University of Michigan's Ross School of Business and University of California, Los Angeles' Anderson School of Management, reported substantial increases in applications, with each school receiving more than 200 applications over last year's total.

The downward spiral in application volume at the top 30 schools is mirrored in the business school world at large: 67 percent of two-year full-time MBA programs surveyed by the Graduate Management Admission Counil (GMAC) reported a decrease in applications this year, up from 47 percent in 2010. A skittish economy, coupled with candidates unwilling to leave their jobs, may be causing some to hold off applying to business school, GMAC noted in its latest survey of application trends. "The impact of economic uncertainty on admissions trends for full-time MBA programs may still be underway," GMAC said in the report.

The smaller pipeline of MBA applications this year meant that getting into some of the top business schools has become easier. Two-thirds of the top 30 business schools admitted a larger percentage of applicants this year, up from one-third the year before. The University of Minnesota's Carlson School of Management had the biggest slip in selectivity of the top 30 schools, admitting nearly 41 percent of students, up from 30 percent in 2010. More typical were the University of Southern California's Marshall School of Business and Brigham Young University's Marriott School of Management, both of which saw selectivity slip five percentage points. Even Stanford, the most selective of the top 30 business schools, became slightly easier to get into, accepting 7 percent of all applicants, up one percentage point from 2010.

The following list provides a more comprehensive picture of how application trends shook out at each of the top 30 schools, with a breakdown of application volume, selectivity, and yield or the percentage of accepted applicants who ultimately enroll. The University of Pennsylvania's Wharton School, where applications fell more than 5 percent this year, to 6,442, declined to supply selectivity and yield figures and is not included in this slide show. The schools are listed from least selective to most selective.

Photograph: MCT via Getty Images

Most Selective Business Schools

MBA Applications Down
MBA Applications Down

The gangbuster growth of business school applications during the recession appears to be a thing of the past for two-year full-time MBA programs. This year, application volume was down at 21 of the top 30 full-time MBA programs, according to data collected by Bloomberg Businessweek. The decline in applications is a trend that appears to be accelerating, with eight additional schools reporting declines in application volume this year over 2010. Applications were down at seven of the top 10 business schools, including the University of Chicago's Booth School of Business, Harvard Business School, and Northwestern University's Kellogg School of Management.

Stanford saw the biggest dip in application volume of the top 10 schools, with 586 fewer applications this year, an 8 percent decline from 2010. Still, some of the top 30 schools managed to buck the downward trend. Dartmouth University's Tuck School of Business, University of Michigan's Ross School of Business and University of California, Los Angeles' Anderson School of Management, reported substantial increases in applications, with each school receiving more than 200 applications over last year's total.

The downward spiral in application volume at the top 30 schools is mirrored in the business school world at large: 67 percent of two-year full-time MBA programs surveyed by the Graduate Management Admission Counil (GMAC) reported a decrease in applications this year, up from 47 percent in 2010. A skittish economy, coupled with candidates unwilling to leave their jobs, may be causing some to hold off applying to business school, GMAC noted in its latest survey of application trends. "The impact of economic uncertainty on admissions trends for full-time MBA programs may still be underway," GMAC said in the report.

The smaller pipeline of MBA applications this year meant that getting into some of the top business schools has become easier. Two-thirds of the top 30 business schools admitted a larger percentage of applicants this year, up from one-third the year before. The University of Minnesota's Carlson School of Management had the biggest slip in selectivity of the top 30 schools, admitting nearly 41 percent of students, up from 30 percent in 2010. More typical were the University of Southern California's Marshall School of Business and Brigham Young University's Marriott School of Management, both of which saw selectivity slip five percentage points. Even Stanford, the most selective of the top 30 business schools, became slightly easier to get into, accepting 7 percent of all applicants, up one percentage point from 2010.

The following list provides a more comprehensive picture of how application trends shook out at each of the top 30 schools, with a breakdown of application volume, selectivity, and yield or the percentage of accepted applicants who ultimately enroll. The University of Pennsylvania's Wharton School, where applications fell more than 5 percent this year, to 6,442, declined to supply selectivity and yield figures and is not included in this slide show. The schools are listed from least selective to most selective.

Photograph: MCT via Getty Images

Brigham Young University
Brigham Young University
Marriott School of Management

Admissions Stats 2011 (2010)
Total Applications: 401 (476)
Selectivity : 52 percent (47 percent)
Yield: 71 percent (71 percent)
University of Minnesota
University of Minnesota
Carlson School of Management

Admissions Stats 2011 (2010)
Total Applications: 538 (452)
Selectivity : 40.9 percent (30 percent)
Yield: 45 percent (52 percent)
Indiana University
Indiana University
Kelley School of Business

Admissions Stats 2011 (2010)
Total Applications: 1,179 (1,217)
Selectivity : 38 percent (42 percent)
Yield: 48 percent (41 percent)
University of Notre Dame
University of Notre Dame
Mendoza College of Business

Admissions Stats 2011 (2010)
Total Applications: 969 (1,086)
Selectivity : 37 percent (33 percent)
Yield: 44 percent (46 percent)
University of North Carolina, Chapel Hill
University of North Carolina, Chapel Hill
Kenan-Flagler Business School

Admissions Stats 2011 (2010)
Total Applications: 1,720 (1,764)
Selectivity : 38 percent (36 percent)
Yield: 44 percent (45 percent)
Southern Methodist University
Southern Methodist University
Cox School of Business

Admissions Stats 2011 (2010)
Total Applications: 606 (565)
Selectivity : 37 percent (35 percent)
Yield: 48 percent (66 percent)
Michigan State University
Michigan State University
Broad Graduate School of Management

Admissions Stats 2011 (2010)
Total Applications: 508 (602)
Selectivity : 36 percent (29 percent)
Yield: 50 percent (47 percent)
Emory University
Emory University
Goizueta Business School

Admissions Stats 2011 (2010)
Total Applications: 968 (1,037)
Selectivity : 35 percent (33 percent)
Yield: 41 percent (39 percent)
University of Michigan
University of Michigan
Ross School of Business

Admissions Stats 2011 (2010)
Total Applications: 2,929 (2,722)
Selectivity : 32 percent (25 percent)
Yield: 53 percent (71 percent)
University of California, Los Angeles
University of California, Los Angeles
Anderson School of Management

Admissions Stats 2011 (2010)
Total Applications: 2,727 (2,458)
Selectivity : 29 percent (29 percent)
Yield: 48 percent (52 percent)
Texas A&M University
Texas A&M University
Mays Business School

Admissions Stats 2011 (2010)
Total Applications: 554 (537)
Selectivity : 27.4 percent (23 percent)
Yield: 51.3 percent (51 percent)
Cornell University
Cornell University
Johnson Graduate School of Management

Admissions Stats 2011 (2010)
Total Applications: 1,791 (2,001)
Selectivity : 27 percent (23 percent)
Yield: 56 percent (59 percent)
University of Southern California
University of Southern California
Marshall School of Business

Admissions Stats 2011 (2010)
Total Applications: 1,826 (1,983)
Selectivity : 27 percent (22 percent)
Yield: 45 percent (50 percent)
University of Virginia
University of Virginia
Darden School of Business

Admissions Stats 2011 (2010)
Total Applications: 2,269 (2,515)
Selectivity : 26 percent (26 percent)
Yield: 54 percent ( 51 percent)
Duke University
Duke University
Fuqua School of Business

Admissions Stats 2011 (2010)
Total Applications: 3,452 (3,506)
Selectivity : 26 percent (24 percent)
Yield: 48 percent (53 percent)
Georgia Institute of Technology
Georgia Institute of Technology
College of Management

Admissions Stats 2011 (2010)
Total Applications: 362 (445)
Selectivity : 26 percent (21 percent)
Yield: 61 percent (72 percent)
University of Texas, Austin
University of Texas, Austin
McCombs School of Business

Admissions Stats 2011 (2010)
Total Applications: 2,253 (2,259)
Selectivity : 25.3 percent (24 percent)
Yield: 46.1 percent (48 percent)
Rice University
Rice University
Jones Graduate School of Business

Admissions Stats 2011 (2010)
Total Applications: 715 (544)
Selectivity : 25 percent (36 percent)
Yield: 63 percent (56 percent)
Carnegie Mellon University
Carnegie Mellon University
Tepper School of Business

Admissions Stats 2011 (2010)
Total Applications: 1,544 (1,540)
Selectivity : 24 percent (27 percent)
Yield: 53 percent (48 percent)
University of Chicago
University of Chicago
Booth School of Business

Admissions Stats 2011 (2010)
Total Applications: 4,169 (4,299)
Selectivity : 22 percent (22 percent)
Yield: 63 percent (61 percent)
Northwestern University
Northwestern University
Kellogg School of Management

Admissions Stats 2011 (2010)
Total Applications: 4,974 (5,270)
Selectivity : 20 percent (19 percent)
Yield: NA (NA)
Yale University
Yale University
Yale School of Management

Admissions Stats 2011 (2010)
Total Applications: 2,823 (2,963)
Selectivity : 19 percent (17 percent)
Yield: 42 percent (45 percent)
Dartmouth University
Dartmouth University
Tuck School of Business

Admissions Stats 2011 (2010)
Total Applications: 2,744 (2,528)
Selectivity : 18 percent (20 percent)
Yield: 54 percent (54 percent)
Columbia University
Columbia University
Columbia Business School

Admissions Stats 2011 (2010)
Total Applications: 6,669 (6,666)
Selectivity : 16 percent (15 percent)
Yield: NA (NA)
New York University
New York University
Stern School of Business

Admissions Stats 2011 (2010)
Total Applications: 4,416 (4,501)
Selectivity : 13.6 percent (13 percent)
Yield: 55 percent (NA)
Massachusetts Institute of Technology
Massachusetts Institute of Technology
Sloan School of Management

Admissions Stats 2011 (2010)
Total Applications: 4,490 (4,782)
Selectivity : 13 percent (13 percent)
Yield: 67 percent (NA)
University of California, Berkeley
University of California, Berkeley
Haas School of Business

Admissions Stats 2011 (2010)
Total Applications: 3,444 (3,627)
Selectivity : 12.2 percent (12 percent)
Yield: 56.2 percent (58 percent)
Harvard University
Harvard University
Harvard Business School

Admissions Stats 2011 (2010)
Total Applications: 9,134 (9,524)
Selectivity : 12 percent (11 percent)
Yield: 89 percent (89 percent)
Stanford University
Stanford University
Stanford Graduate School of Business

Admissions Stats 2011 (2010)
Total Applications: 6,618 (7,204)
Selectivity : 7 percent (6 percent)
Yield: NA (NA)