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Most MBA programs have three applications rounds. Why does Berkeley also have a fourth round?

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Most MBA programs have three applications rounds. Why does Berkeley also have a fourth round?

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The Berkeley MBA Admissions Team has a fourth admissions round to give applicants an additional chance to submit an application instead of waiting until the following year. Most of our offers of admission are made from Rounds 1, 2, and 3. Because many offers are already made in previous rounds, fewer offers of admission can be made from Round 4. Ultimately, a strong application will stand out regardless of the round in which it is submitted, but candidates are encouraged to apply as early as possible.

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