What differentiates a fantastic MBA applicant from a great MBA applicant?

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What differentiates a fantastic MBA applicant from a great MBA applicant?
The most typical and the most frequently requested query to me by the potential candidates is- What differentiates a great MBA applicant from a fantastic MBA applicant? Allow me confess that it does not have 1 easy solution to it, in reality it is a difficult 1 to solution, but allow me attempt to deliver up couple of issues that might be helpful to you when you begin creating your MBA programs.