Its well-known that acceptance rate is a measure of the selectivity of the school (#admitted/#applied), while yield is a measure of 'relative desirability' of schools to students (#accepted/#admitted). Schools publish both numbers - and taken together, these numbers offer some pretty interesting insights.
I've compared the schools I'm applying to by normalizing the two ratios. The number in parenthesis give the two ratios (Yield, Acceptance Rate in %) for each school.
School | Applied | Admitted | Accepted |
HBS(89,14) | 720 | 100 | 89 |
Wharton(69,17) | 800 | 100 | 69 |
Columbia(77,16) | 800 | 100 | 77 |
After thoughts
1. These numbers mean nothing to me. Fit cannot be quantified - it is a function of each combination of applicant and school. School X may simply be a lot 'nicer' because its alumni were more responsive, or a visit to its campus was much more pleasant.
2. This comparison is a digression during essay-writing. If you hate digressions, use Dark-Room.
Errata
Anonymous correctly pointed out that these numbers are not updated - I used the figures from Bouknight's "MBA Game Plan", 2003 edition. Apologize for this oversight, which makes the numbers obsolete by 4 years. I've since corrected the numbers (I did not find these stats for Chicago GSB or Stern).
This also renders my conclusions invalid - I've taken these out since. Thanks, Anonymous.