{"id":48487,"date":"2020-05-03T18:00:00","date_gmt":"2020-05-04T01:00:00","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=48487"},"modified":"2023-10-24T20:21:43","modified_gmt":"2023-10-25T03:21:43","slug":"incoming-mbas-can-choose-deferment-at-hbs","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/incoming-mbas-can-choose-deferment-at-hbs\/","title":{"rendered":"Incoming MBAs Can Choose Deferment at HBS"},"content":{"rendered":"\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/blog.accepted.com\/harvard-business-school-class-of-2021-profile\/\">Harvard Business School<\/a>\u00a0(HBS) has announced that\u00a0<a href=\"https:\/\/poetsandquants.com\/2020\/04\/24\/hbs-to-offer-deferment-for-incoming-mbas\/?pq-category=business-school-news\" target=\"_blank\" rel=\"noreferrer noopener\">deferments<\/a>\u00a0will be offered to incoming MBAs if they choose not to attend fall classes that may be taught partially or fully online due to the COVID-19 pandemic.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">According to the\u00a0<em>Poets &amp; Quants\u00a0<\/em>article, MBA Admissions and Financial Aid Director, Chad Losee, and Executive Director of the MBA and doctoral programs, Jana Kierstead, sent an email to accepted applicants offering them the period between May 15 and June 1 to request a deferral to start the full-time MBA program. Deferral requests can be for one or two years.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The email stated, in part, \u201cWe realize that the world has changed significantly since you applied \u2013 your employment, health, visa, or financial situation (or that of your families) may have shifted in the past few months. To provide you as much flexibility as possible, we will consider allowing you to defer your offer of admission.\u201d Deferral requests will not be accepted after June 1 \u201cbeyond medical emergencies, military deployments, or joint Harvard degrees. While we want to be as supportive as possible to you, one real constraint is the operational capacity of the faculty and the school.\u201d<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong>WATCH:\u00a0<a href=\"https:\/\/blog.accepted.com\/international-mba-applicants-and-covid-19-risks-opportunities-short-video\/\">International MBA Applicants and COVID-19: Risks &amp; Opportunities [Short Video]<\/a><\/strong>\u00a0&gt;&gt;<\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\">Deferrals available for the next two years<\/h3>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Depending on the number of students requesting deferrals, deferred enrollments may have to be spread out over two years (2021 and 2022). Students will request when they would like to begin their deferred studies, however, \u201c\u2026we will do our best to honor \u2013 but cannot guarantee \u2013 your preference of a one-year versus two-year deferral, as we balance the backgrounds and perspectives presented in the next few HBS classes.\u201d<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The email continues, \u201cWhile we offer the choice about deferral in all respect for the challenges that you face, our hope is that the majority of you who can will decide to enroll in HBS this fall and use this as a time to learn and to deepen your capacity to lead. We look forward to partnering with you to make this a spectacular year at Harvard Business School.\u201d<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Why is HBS Offering the Deferral?<\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Linda Abraham (founder and CEO of Accepted) believes three motivations are behind HBS\u2019 move.<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><strong>Compassion for admitted students who are now part of the HBS community.<\/strong>\u00a0This deferral option gives students a choice: If they are hesitant to start their MBA partially online or after reading articles about canceled internships and withdrawn job offers, they can defer\u00a0 \u2013 or forever hold their peace. They won\u2019t lose their spot in HBS, but they can delay the beginning of their coursework and increase the likelihood that they will have the networking and social interaction that they want in their MBA program. Not to mention recruiting in the event they cannot have it at the beginning of the next academic year.<br \/><br \/><\/li>\r\n<li><strong>A way to manage yield and class composition.<\/strong>\u00a0HBS gives admitted students two weeks in which to defer. HBS will then have a much better idea of who is going to show up (virtually or otherwise) for the first day of class and how many people to\u00a0<a href=\"https:\/\/blog.accepted.com\/turning-a-waitlist-into-an-acceptance\/\">admit off its waitlist<\/a>. It\u2019s going to reduce the yield and waitlist guesswork. Plus HBS will determine if the deferred student starts in 2021 or 2022.<br \/><br \/><\/li>\r\n<li><strong>A step to reduce complaining (and refund requests)<\/strong>\u00a0from next year\u2019s class if the Class of 2022 does start online or with various COVID restrictions in place, they all will have had the option to defer and didn\u2019t take it. That\u2019s the \u201cforever hold your peace\u201d part.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">This new situation will also help those students currently waitlisted at HBS. New spots will certainly open up once accepted students have submitted their deferment requests.\u00a0<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong>Are you applying to HBS or another top MBA program? Do you have questions about whether now is the best time to apply to and attend business school?\u00a0<a href=\"https:\/\/www.accepted.com\/mba\/services\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Work one-on-one with one of our MBA admissions consultants<\/a>\u00a0to assure that your application strategy is on track to help you meet your educational and career goals.\u00a0<\/strong><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image is-resized\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-59342 aligncenter\" src=\"https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2020\/05\/62b433d5-cacc-4a66-9123-89b55f9a24fa.webp\" alt=\"\" width=\"700\" height=\"250\" srcset=\"https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2020\/05\/62b433d5-cacc-4a66-9123-89b55f9a24fa.webp 700w, https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2020\/05\/62b433d5-cacc-4a66-9123-89b55f9a24fa-300x107.webp 300w, https:\/\/gmatclub.com\/blog\/wp-content\/uploads\/2020\/05\/62b433d5-cacc-4a66-9123-89b55f9a24fa-640x229.webp 640w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/figure>\r\n\r\n\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">For 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more.\u00a0<a href=\"https:\/\/www.accepted.com\/mba\/services\"><strong>Want an MBA admissions expert\u00a0to help you get Accepted? Click here to get in touch!<\/strong><\/a><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong>Related Resources:<\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><em><a href=\"https:\/\/reports.accepted.com\/mba\/harvard-business-school\" target=\"_blank\" rel=\"noreferrer noopener\">Get Accepted to Harvard Business School<\/a><\/em>, a free on-demand webinar<\/li>\r\n<li><a href=\"https:\/\/blog.accepted.com\/international-mba-applicants-and-covid-19-risks-opportunities-short-video\/\">International MBA Applicants and COVID-19: Risks &amp; Opportunities<\/a>, a short video<\/li>\r\n<li><a href=\"https:\/\/blog.accepted.com\/how-are-business-schools-applicants-and-admitted-students-responding-to-covid-19\/\">How Are Business Schools, Applicants, and Admitted Students Responding to COVID-19?<\/a><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><em><a href=\"https:\/\/blog.accepted.com\/incoming-mbas-can-choose-deferment-at-hbs\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">This article<\/a>\u00a0originally appeared on\u00a0<a href=\"https:\/\/blog.accepted.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">blog.accepted.com<\/a>.<\/em><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><em>Applying to a top b-school? The talented folks at Accepted have helped hundreds of applicants get accepted to their dream programs. Whether you are figuring out where to apply, writing your application essays, or prepping for your interviews, we are just a call (or click) away.<\/em><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><em>Contact us, and get matched up with the consultant who will\u00a0<a href=\"https:\/\/www.accepted.com\/mba\/services\" target=\"_blank\" rel=\"noreferrer noopener\">help you get accepted<\/a>!<\/em><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Harvard Business School\u00a0(HBS) has announced that\u00a0deferments\u00a0will be offered to incoming MBAs if they choose not to attend fall classes that may be taught partially or fully online due to the&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,939,775,113,243],"tags":[2222,360,880,796],"class_list":["post-48487","post","type-post","status-publish","format-standard","hentry","category-mba","category-accepted","category-admission-consultants","category-applications","category-blog","tag-covid-19","tag-deferral","tag-deferred-enrollment","tag-harvard-business-school","entry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Harvard Business School (HBS) has announced that deferments will be offered to incoming MBAs if they choose not to attend fall classes that may be taught partially or fully online due to the COVID-19 pandemic. 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