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Accept an offer before I hear back from other schools?

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Accept an offer before I hear back from other schools? [#permalink] New post 25 Jan 2014, 09:21
I've received a very attractive offer package from a great school, but they are asking for my decision and deposit weeks before decisions are released from the other schools I've applied to. The school that's accepted me knows where I've applied, and the decision release dates are widely publicized. There's a good chance I'll accept this initial offer even if I'm admitted to another school, but I'd really like to know my options before I make a final decision.

Should I ask for an early decision from the other schools? Or ask for an extension from the one that's accepted me? I'm sure this is a fairly common problem, but I can't find any information on it.

Thanks!
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Re: Accept an offer before I hear back from other schools? [#permalink] New post 27 Jan 2014, 01:26
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Well, you can do both or either. I have had clients ask for an early decision and get it, but I always feel this is a high-risk action. Instead, I'd suggest playing it a bit safe, asking for an extension. If they say no, then confirm your acceptance. And worst comes to worst (or best comes to best?) you can withdraw if you get a better offer.
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Re: Accept an offer before I hear back from other schools? [#permalink] New post 27 Jan 2014, 07:04
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I agree with Jon - we generally don't advise the "ask for an early decision" solution. At the end of the day, you're about to pay a lot of money for an MBA so if you can't get the decision deferral, put down the deposit and be ready to walk away from it. The schools know this is a risk and it isn't unethical. But always ask for the extension first - the worst that can happen is they say "no"!
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Re: Accept an offer before I hear back from other schools?   [#permalink] 27 Jan 2014, 07:04
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Accept an offer before I hear back from other schools?

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