ISB Admission Not Taken Up After Selection

Question

Hi All,

Hypothetical situation: Someone has applied to ISB and has finally got an admission selection call from ISB. But due to change in plans/personal reasons she does not want to take up admission this year but instead wants to push back her MBA plans by two years.

Does it affect her chances of getting a call for interview/selection in the future if she rejects her selection this year and doesn't take admission?

Thanks in advance for all the help!

Thanks
Ishita.

KrunaliG · Answer

The next time you apply, whenever you plan on to applying you will be considered as reapplicant and will be treated accordingly.

Also you can write to their admissions team regarding this, I am sure that will be beneficial!

EssayPro · Answer

Hi  katariaishita

When someone is offered an admit and that candidate has to back down due to some genuine reason, ISB used to offer a deferred admit by one year. I am not sure whether the deferred admit can be offered by 2 years. Unfortunately, I am also not aware that ISB still offers deferred admit as I have not come across someone who requires a deferred admit.

In case you re-apply after 2 years instead of taking a deferred admit option, then you can explain the reason for not accepting the admit earlier in your re-applicant's essay. 
 It surely doesn't affect chances of getting a call for interview/selection in the future. As far as I know, ISB encourages re-applicants and also is all ears to applicant's words.

Hope this helps.

All the Best !

GmatDaddy · Answer

Hi  katariaishita

Welcome to Gmat Club !!

Yes you can get your admission deferred by 1 year. You will have to pay the initial admission fee and 250,000 INR as thr deferral fee. 
This extra fees will be adjusted in your fees when you join ISB the next year. 
and in case you decide not to join, the deferral fee(2.50 lacs) is refundable.
More information can be found here at the  FAQ  page of ISB.

GyanOne · Answer

Hi Ishita

- ISB provides only one extension of 1 (one) year as stated in their policy. The following taken verbatim from an accepted applicant's admissions offer: 
 On a case- to- case basis emergency (Medical) /professional reason, the offer accepted applicant can request for one-year deferment of admission latest by (~removed~). The HOD of Admissions or Admissions Dean may grant the deferral admission, post verification of the relevant substantiating document/s. In case the deferral request is approved, the applicant has to remit a non-interest-bearing deferral deposit within the stipulated deadline. The deferral request can be made for one year only, and once approved there will be no further deferment. The deferral deposit shall be adjusted to the tuition fee upon joining the programme or is refundable on withdrawal subject to deduction of administration and bank charges 
- Given this, it is quite clear that a two-year deferral is not possible. ISB may consider it in an extreme medical reason (given the relevant documents, and a 2-year recovery timeframe) or some exceptional professional reason (say, a once in a lifetime kinds project or role opportunity), but other cases are highly likely to be rejected. 
- In case one does not get the deferral, one would need to reapply.

SGarg · Answer

Hi! Can a 1.5 Lacs bond with existing employer form a base for deferred admission?

Posted from my mobile device

GmatDaddy · Answer

Hi  SGarg

Admissions are deferred on a case to case basis, better contact ISB Admissions office for this. No one else is qualified to answer this particular query.
Also, IMHO I dont think that they will entertain your query unless you already have an admit.

MS6971 · Answer

Hi, yes I think in this case the new application will be taken as a reapplicant.

nikulkarni · Answer

If you get an admit and are still caught in two minds, I would recommend going ahead with the ISB admission and paying your employer the bond amount. I know it is a significant amount of money but would only be a small % of your overall MBA investment. Also, I am not sure if you are comfortable losing another year considering you are applying to ISB this year. Just sharing my two cents as someone who has paid a 2L bond in the past.

bb · Answer

ISB Admission Not Taken Up After Selection

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