fruitbythefoot wrote:
Hi all,
I recently got into a deferred admission (2-5 year deferral period) MBA program. I feel very fortunate to have gotten in, but the school is not my top choice. There are a few schools I'd much rather go to. I'll have a better picture in a year (for a variety of reasons) whether it's worth it for me to go to the school and what my chances are of getting into a school I'd prefer.
My question is the following. If I accepted the offer from this school, paid the first year's deposit, and then in a year decided to drop out, would that have serious consequences? In particular, do you think I could then go on to apply to other schools a few years later, or would the original school communicate to other schools that I had "re-negged" and eliminate me from consideration for other schools?
I'm well-aware that there are ethical issues here, and I'll deal with that side of the debate elsewhere. I'm really mostly curious on whether this is possible.
Thank you so much for your help.
Congrats on your offer. I cannot speak on if you can reapply elsewhere without consequences (even through I would assume so). However, I can tell you that you will be able to accept your offer now, and then back out later. In fact, the "yields" for deferred admission programs are extremely low. Even HBS 2+2 apparently only has a yield of ~50%, compared to 90% for their regular MBA program. In other words, deferred admission is a bit of a one-sided commitment from the school to offer you a place, knowing that there is a god chance you will never actually enroll. I hope that helped, let me know if you have ay other questions.