I quote-
Dear Ccatcher:
The Admissions Committee has completed its review of your application for the MMM Program. Despite your many merits as a candidate, I regret to inform you that we are not able to offer you a place in the entering class.
The Admissions Committee carefully evaluated your application in the following areas: work experience, career plans, academic ability and performance, extracurricular and community involvement, leadership and interpersonal skills. Decisions are based upon a thorough evaluation of your individual strengths and weaknesses, as well as your qualifications relative to all others in our applicant pool. This decision is not a reflection of your personal qualities and achievements or your potential for success in management, but merely a reflection of the limited number of places in the class.
We certainly wish you the best of luck in your future endeavors, and thank you for your interest in the MMM Program .