GMAT Question of the Day: Daily via email | Daily via Instagram New to GMAT Club? Watch this Video

It is currently 06 Jul 2020, 02:09

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Incoming MBAs Can Choose Deferment at HBS

  new topic post reply Update application status  
Author Message
MBA Admissions Consultant
User avatar
P
Joined: 20 Apr 2003
Posts: 5767
Location: Los Angeles CA
Incoming MBAs Can Choose Deferment at HBS  [#permalink]

Show Tags

New post 03 May 2020, 03:05
Image

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.

According to the Poets & Quants 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.

The email stated, in part, “We realize that the world has changed significantly since you applied – 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.” Deferral requests will not be accepted after June 1 “beyond 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.”

WATCH: International MBA Applicants and COVID-19: Risks & Opportunities [Short Video] >>

Deferrals available for the next two years

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, “…we will do our best to honor – but cannot guarantee – your preference of a one-year versus two-year deferral, as we balance the backgrounds and perspectives presented in the next few HBS classes.”

The email continues, “While 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.”

Why is HBS Offering the Deferral?

Linda Abraham (founder and CEO of Accepted) believes three motivations are behind HBS’ move.

    * Compassion for admitted students who are now part of the HBS community. This 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 – or forever hold their peace. They won’t 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.

    * A way to manage yield and class composition. HBS 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 admit off its waitlist. It’s going to reduce the yield and waitlist guesswork. Plus HBS will determine if the deferred student starts in 2021 or 2022.

    * A step to reduce complaining (and refund requests) from next year’s 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’t take it. That’s the “forever hold your peace” part.

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.

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? Work one-on-one with one of our MBA admissions consultants to assure that your application strategy is on track to help you meet your educational and career goals.


Image

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. Want an MBA admissions expert to help you get Accepted? Click here to get in touch!

Related Resources:


This article originally appeared on blog.accepted.com.

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.

Contact us, and get matched up with the consultant who will help you get accepted!
_________________
Linda Abraham
Accepted ~ The Premier Admissions Consultancy
310-815-9553

Listen to Admissions Straight Talk for interviews with admissions directors, MBAs, test prep pros, and financial aid sources.
Subscribe to Accepted's Blog
Follow Accepted on Twitter
Friend Accepted on Facebook
GMAT Club Bot
Incoming MBAs Can Choose Deferment at HBS   [#permalink] 03 May 2020, 03:05

Incoming MBAs Can Choose Deferment at HBS

  new topic post reply Update application status  

Moderators: wabo22, Businessconquerer






Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne