How many schools should you apply to — and at which tiers? Model the expected value of your entire application portfolio: probability of receiving at least one offer, expected scholarship outcome, cost per acceptance, and the marginal ROI of adding each additional school. Pure expected-value math on your inputs.
For each tier, enter how many schools you're targeting, your honest admit probability, the app fee, expected scholarship offer, and median post-MBA base salary at that tier. Leave count at 0 to exclude a tier.