Always the date of starting the program. Look at it this way - how can you give the work ex. at the time of application as that is different for different applicants. So, jut assume that you will be working till the program starts and use that to calculate your work ex.
And aerien is right, the ad com will not hold you if you do not actually work till the last possible day before your program starts.
MBA Admissions Consultant
Entrepreneur & Educationist
Alumni, Indian School of Business (ISB), Hyderabad (GMAT: 760)
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