This evolution is further evidence that elite MBA programs are themselves vying to secure a competitive advantage by recruiting top talent for their future communities.īusiness schools tasked with building a diverse class and attracting top talent developed deferred programs in part to help attract passionate wunderkinds who want to change the world but aren’t necessarily thinking of doing it in the business realm just yet. The ranks of top business schools that are offering rising stars a jumpstart on the MBA include Harvard Business School, Wharton, MIT Sloan, Stanford GSB, Chicago Booth, Columbia Business School, Kellogg Northwestern, Yale SOM, Berkeley Haas, and UVA Darden (see our guide to the top deferred MBA programs, below). That said, the characteristics and incentives between elite programs vary. Most also have a reduced application fee or none at all. These programs tend to be extremely competitive with small class sizes. Most deferred MBA programs follow a similar track: find a school, apply early, secure a seat as a student, and work for two to five years before actually enrolling. “If I know I’m going to the GSB in two years, I might worry less about making money now and focus more on getting the right experience.” “The big advantage – especially if you’re a planner – is that knowing what you’ll be doing for the next four-plus years may allow you to pursue options than you otherwise may not have – such as working for a startup or in a nonprofit,” says Fortuna’s Heidi Hillis, former Stanford GSB alumni interviewer. In contrast, deferred MBA programs offer the potential to lock in a spot at a top business school before diving into the workforce. In the traditional path to the MBA, you spend roughly three to six years earning real-world career experience before applying. < back Top 10 Deferred MBA Programs + Tips on How to Get Inįor college seniors with lofty aspirations, applying to a deferred MBA program is a strategic move.
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