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The kind of anxiousness and disappointment one feels on the rejection of their application is understandable. But it is also very important to acknowledge that you must not take failure so hard and bounce back fastly. Now that you know that your application has been rejected you must think of other alternative prospects regarding the same. MBA and business schools generally undergo a two-step selection process while selecting candidates. The students who are ejected in the first round itself are not eligible to apply for the second round in the same college. Though they can apply in some other business schools and universities. If your application gets rejected in the first-round only here is what you need to do-