Looking to secure your spot in a top-ranked MBA program, but not quite ready to take the plunge yet? Well, it may seem too good to be true, but you can reserve your seat in a prestigious MBA program today and join later thanks to the increasingly popular deferred MBA option offered by many leading business schools.
So, what exactly are deferred MBA programs?
These innovative programs allow ambitious college seniors to apply for an MBA even before they graduate. And if selected, candidates are given a few years to work in the industry before joining their MBA class. During this time, business schools provide students with the necessary support and guidance to help shape their careers.
But why go for a deferred MBA program?
For starters, you get to lock in your spot at a top business school even before you graduate. No more worrying about GMAT or GRE scores or writing multiple applications while juggling a busy work-life. Plus, taking standardized tests while still in the exam-taking mode can be a real game-changer for those studying quant-heavy subjects.
And if admitted into a deferred program, you no longer have to sweat over the intensely competitive MBA admissions process. You can start working and apply for an MBA a few years later, having gained valuable experience and knowledge.
But perhaps the biggest advantage of a deferred MBA is the freedom it provides you to explore different career paths, take risks, and shape your future. With the pressure of building an “MBA profile” taken away, college grads can truly discover their passions and interests. And with access to a b-school’s resources, including career development centers, students can receive invaluable career advice and mentorship from experienced professionals.
But what do b-schools look for in deferred MBA applicants?
Well, just like with regular full-time applicants, you need to stand out from the crowd. Strong academic records, leadership in extra-curricular activities, impactful internships, and a passion for making a difference in the world are all key factors that admissions committees look for. And with no work experience to showcase, having a unique perspective and a desire to create change can truly set you apart.
So, which leading business schools offer deferred MBA programs?
In the US, there’s Harvard Business School, Yale, Stanford, Wharton, Columbia Business School, Booth, Kellogg, Darden, Stern, Emory, Carlson, and Rutgers. In Europe, there’s IESE, and in Asia, there’s ISB. With a wide range of options available, it’s important to do your research and ensure that the program you select aligns with your goals and aspirations.
Here are the upcoming deadlines for Top Business Schools
- Harvard 2+2 – April 27, 2023
- Wharton Moelis Advance Access Program – April 26, 2023
- MIT Early Admission – Round 2 – April 19, 2023
- Booth Scholars Program – April 20, 2023
- Berkeley Haas Accelerated Access – April 20, 2023
- Columbia Deferred Enrollment – April 15, 2023
- Stanford Deferred Enrollment – Round 3 – April 11, 2023
At the end of the day, a deferred MBA can be an excellent option for those looking to secure a spot in a top MBA program, gain valuable work experience, and explore their passions before diving into the rigors of graduate school. Stay tuned for our upcoming blog posts, where we’ll be diving deeper into the specific deferred MBA programs available across different continents.