Should I get my admit deferred or not?

Question

I am an ISB YLP admit and my MBA starts next year i.e. Summer 23. I am facing a dilemma, wherein I am not able to decide whether I should go with this or whether I should get a deferral(i.e. to Summer 2024).
My profile - 
1. Working in a project management role with a decent salary.
2. Having a work experience of around 20 months(when I join the school)
3. Aspire to be in a product role post-MBA.

What would be the prudent decision to make keeping in mind the economic situation right now?

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Admissionado · Answer

DeusTacitus22 :

Stick with your matriculation plans for next year. Unless you are 100% sure you can get a deferral (which is not often the case), you shouldn't give up a bird in the hand for two in the bush, as they say.

Undergrads, MBAs and similar graduates always find employment one way or another even if it's not immediately after graduation. You will still be relatively cheap labor, so it won't be hard as people make it out to be.

Good luck with your decision!

TheIvyLeagueEdge · Answer

Generally speaking, I would agree with the views of the previous poster, provided the advice was for a Top 20 program. 
My views for an ISB degree however, would be very different, mainly for the following reasons:
1) Deferrals are just postponing your decisions, not giving them up; given you have a decent job, you may want to explore how far this can take you (before you do an MBA) and then go for MBA, simply because you may be better poised to understand the MBA concepts post 3-4 years of your job, than now. Deferring the decision for one year, you may be able to make a more informed decision. 
2) Off late the ISB MBA has been losing its sheen, especially for global jobs. If you however, intend to stay in India for good, you may have a different preference.
3) Given your preference for a Product role post MBA, you may not get access to high responsibility roles/ positions post your ISB YLP; However, working for 3-4 years, and then doing another MBA may be able to help you on that path much more.

Hope it helps

MBAGuide · Answer

DeusTacitus22  hope this finds you well

My candid advice is to not rush yourself into accepting the admit (if you haven't already) because this is a significant investment of time and money, and people do not plan to do an MBA more than once(ideally!). Yet I see plenty looking for a 2nd MBA abroad for having rushed into the decision earlier. Therefore, carefully consider if the ISB YLP is the best or perhaps the only path for you to take to enter a product role shortly or whether you can yet get into a product role and gain more experience before you pivot/venture toward something more significant in 3-4 years from now (via an MBA route).

Best wishes

suntuu · Answer

Is it easy is it to get a deferral?

ExpertsGlobal · Answer

Hello  DeusTacitus22 ,

Apologies for the delayed response but we hope this finds you in time still.

If you wish to stay in India only, it would make sense to consider this admit and proceed (unless you can get a deferral).

If you are open to programs around the world and are happy with how your job is shaping up, you might want to consider other options as well.

Good luck!

bb · Answer

Should I get my admit deferred or not?

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