Fuqua? McDonough? Kenan-Flagler? INSEAD? Haas? Ever wondered how in heck to say these words? You might want to figure it out before you talk to anybody about them. Like, in an interview perhaps? These are not official phonetic spellings (we’re not sure the rules of all that), they’re just our attempt to help you not…
Thinking about seeing if your school will let you push out the start to your MBA?
Most schools will say, no problem! All you need to do is reapply next year and we’ll see about letting you in again.
They want you to apply for the year that you want to start. They’re not interested in managing their admits to future classes. Plus, most who ask for a deferral are only doing it to see if they can get accepted at some other school, and they want to keep their admit to this school in their back pocket as a backup. The stats show that a high percentage of deferrals that are granted never show up on campus. The schools often just issue a no-deferrals policy to nip all that nonsense in the bud.
It’s a case where YMMV, both in terms of how your specific school (and program) handles deferral requests, and whether you might be one that they’ll grant an exception to. Let’s look today at some policies we’ve seen schools post in the past – and please recognize that this data was gathered over a period of many years and some of it may have changed since then.
If you’re actively considering seeking a deferral for your current MBA admit, you’ll want to research the specifics carefully before proceeding with your approach to the adcom.
DEFERRED MBA ADMISSION – A FEW CASES
Duke is unusual in spelling out the full policy publicly — this is part of their FAQ as of 2/15/18:
What is your policy on deferred admission?
We encourage applicants to apply for admission in the year in which they wish to matriculate. If circumstances prevent you from enrolling in that year, you may request a deferral by writing to the Associate Dean of Admissions outlining all details surrounding the request. Requests for deferral will only be considered after May 1 for students who have already submitted their tuition deposit.
They then go on to specify that “Deferrals are granted only in the case of significant, unanticipated, and unavoidable personal emergency” and they give some examples.
If a deferral is granted, you are required to pay a non-refundable deferral fee of 3,000 USD. This fee will be credited toward tuition upon matriculation. If a scholarship is awarded in the year the applicant applies, this award is not guaranteed for matriculation the following year. Scholarship awards will be re-evaluated during the admissions cycle prior to matriculation.
So that means you need to first pay the deposit, and then pay an additional deferral fee. We’ve not seen a deferral fee before but it makes so much sense, and we wouldn’t be surprised if other schools adopt this practice, too.
Some other programs at Duke including their master’s in analytics don’t allow any deferrals . So it’s not only case by case (they’ll consider your circumstances individually) but it’s also program by program, not just one blanket policy for an entire school.
As of a few years back, Stanford built logic directly into their app form that will tell you whether or not you’re eligible for deferred admission, and they ask you what you want to do with the time between (only current students are eligible). They specifically say that you are NOT eligible if you simply fail to secure a visa as an international student.
Most people don’t apply to bschool with the intention of asking for a deferral later, though, so that’s unlikely going to help you much now. Also, if you were accepted to Stanford and now you’re thinking that you don’t want to go, well there’d better be a pretty good reason for it!!! Don’t assume anything. Yes they like you enough to admit you, but we’d be careful about pushing the limits of that. Stanford is very clear that they’ve admitted candidates into a specific class, and there are no guarantees that they’d find a spot for you in next year’s class just because you made it into the mix this time. We’d be pretty nervous about testing fate by taking a pass on a Stanford admit under the assumption it would work out again the same next year.
Other schools just say “no deferrals” and you can of course still ask, but like with a post-admit request for
free money a fellowship grant, be careful how you do so.
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We got an essay submitted for a freebie review last November and we spent a day reviewing it for everyone right before Round 2 (Stanford “What matters most and why?”) (tl;dr: getting rejected from Stanford is no indication of how you’ll fare at any other school). That being said, today we want to touch on…
We asked you to exercise some critical thinking skills recently.
Why not turn those same skills to evaluating the MBA rankings?
Here’s the 2016 BusinessWeek list. Duke #3. Why?
The simplistic answer is that they scored at 90.5 which is higher than Booth and lower than Stanford.
Is that the position you’d expect Duke to be at?
We’re not knocking Duke. That’s an honest question.
What about the Jones school, at Rice University? They’re at #8. Why?
Comments? Reaction? Discussion?
Please base this on the actual data on the BusinessWeek chart. Here’s a link to the BusinessWeek rankings page where you can sort to your heart’s content.
After getting to the end of that very long post on healthcare careers out of bschool, we realized that we didn’t even manage to talk about which MBA programs are best for healthcare. So that’s what we’ll do today. The obvious powerhouse names that offer specialized business education in healthcare through their MBA programs are:…
Tuck, Duke, and Kellogg. These are three great MBA programs. They share a lot in common. We can fully understand why, if these are the three schools on your Round 1 target list. Three is actually a good number of schools to do in Round 1. We’re not questioning that strategy at all. You try…
We work with a lot of great candidates every year through our Military MBA program and during the Round 1 cycle last year, one of them offered some insights about the specific schools they decided to target, based on the research, outreach, and school visits they’d conducted. We’re sharing these comments on Kellogg, Tuck and Duke by permission in today’s post for Military MBA up-and-comers (and yes, this former BSer did make it in!).
This rest of this post is accessible to approved military candidates only.
Amazon is certainly hiring a lot of MBAs these days. It seems that every school lists them as a top employer. We know of former BSers who are headed into a variety of roles at Amazon from different schools. To Google, too, but Amazon is really tapping this market. The most common career goal we…
Narrowing down your choices of which MBA program to apply to out of the dozens and dozens of good schools is not an easy task. It’s an iterative process as you 1) learn about the schools and 2) learn about yourself. There are some common themes that Brave Supplicants often identify (beyond just ranking of…
It’s a brutal world out there.
We’ve been thrilled to get reports of many many Brave Supplicants making it into really good schools this season (with the usual sprinkling of admits to the great schools too) – yet in several cases we’ve been shocked and surprised to hear of WHERE some of these BSers ended up. Instead of landing a spot at Wharton or Columbia or Tuck or Duke, we’ve seen a more-than-usual number of extremely well qualified candidates end up at Cornell and Darden and Ross and INSEAD.
Now don’t get us wrong, that second list is comprised of some truly top-notch schools. The people we worked with who ended up at those places are pretty happy about things. Lots of reasons to be proud of an admit to any of them. But some of these candidates could’ve easily scored a spot a titch higher on the rankings in any other admissions season.
As we said, we did still see admits to H/S/W, but… more than one who we expected to get in to those places ended up waitlisted – or outright rejected – even when they were bringing super strong profiles.
We are nervous to see what these top U.S. schools publish in their class profiles for this entering crop of students. It was bad last year (Class of 2017) when average GMAT scores went up so much at so many places. It’s hard to imagine that those averages could go up further, however we’re bracing ourselves in case it happens. It would not be impossible.
The factors contributing to this can be summed up as:
- More competition – obviously
- From better-qualified applicants
Those GPAs and especially GMAT scores are taking on more and more prominence, and it’s apparently becoming harder and harder for certain schools to resist playing the rankings game. In fact, we’ve hypothesized here on the blahg and in our school application guides that Wharton and MIT in particular have started paying much closer attention to the GMAT scores of the applicants they admit, since those two schools seem quite fixated on improving their standings. Wharton is gunning for Harvard and Stanford. MIT is trying to recover from a hit they took this past season. Based on reports we’ve gotten from BSers out there, Duke and Tuck unfortunately both seem to have tilted more in that direction, too, after being holdouts in not focusing quite so much on a static test score to make their decisions.
It’s not only the GMAT that matters. As we said, we saw plenty of highly qualified applicants who did not make it in. It’s the whole package, for sure. It’s always been the case that a high GMAT score does not guarantee anything in the world of bschool admissions. Over our decade-plus of doing this admissions work, we have seen lots and lots of BSers with scores in the 750 range who came away empty-handed based on having otherwise flat or plain-vanilla, undifferentiated profiles.
Yet this year, we saw people who honestly made no mistakes on their applications, who did a good job with the essays, who did their homework and showed their enthusiasm and fit for the school, and yet still did not manage to break in and be admitted. Those adcoms sure were choosey.
The reason we’re banging on this drum again is because those of you who have not yet made it in – or those of you who are thinking of trying for the Class of 2019 – have a prime opportunity at hand RIGHT NOW. Now is the time to make changes to your profile.
For many improvements, now is the ONLY time to do so.
GMAT scores cannot keep going up to infinity. However, we don’t expect to see them going DOWN anytime soon either. Based on the outcomes we’ve seen this season, the Class of 2018 is one impressive set of students. If you got in ANYWHERE this year, you should be proud.