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Urgent: Deferral - Please advice [#permalink]
18 Mar 2008, 02:33
Hello buddy !!
I have an admit from Queens, Canada. After serious thought, I am planning to take a deferral to the next year.
Reasons for my deferral : 1. I am finding it difficult to arrange for a 24-25 lakh INR loan. 2. Yes, I am really worried about the recession and the job market on 2009. I don't want to compromise on choosing a job in a field which I don't like( Yes, I am interested in management consulting), if the recession happens. 3. I am getting an offer where I can save 19 lakh INR in a year. I can save this money and then go for my MBA. If I go now, I will be much more tensed and may not even go for an Exchange program. But after saving some money, I will be less bothered with 5-6 lakh INR loan and can concentrate on my studies as well as go for an Exchange program.
I request you to please please pour your thoughts on my decision and please help me in making this difficult decision.
Also, could you please tell me how well recognized is Queens globally . Does it come in the top-10 non- US b-schools ?
Your reasons for deferring sound reasonable to me, but not perhaps as airtight as schools would expect to hear. If you can't afford, then you can't afford it, so Queen's may be willing to defer you. I don't have any personal experience with Queen's deferral process. I think you need to approach Queen's and ask them what kinds of reasons for deferral they're sympathetic to.
As for Queen's reputation, Business Week has always rated them highly among non-U.S. schools, but I've never been clear why. FT doesn't rank them at all in it's Global 100 or in its top6 ranking of Canadian schools.