Deferred MBA programs
What is Deferred MBA Programs and Who does it apply to?
Deferred MBA Programs are excellent options for students with a strong interest in Management and Business, and who in the long run wish to take up leadership positions. With some top ranked B-Schools such as Harvard, Yale School of Management, Indian Business School offering the degree you have some strong alternatives to choose from.
So, what is a Deferred MBA Program?
The Deferred MBA Programs are almost exactly similar to a normal MBA but with an important difference, these programs grant pre-admission to students for their MBA program, usually 2 years in advance. Hence it is ideal for current students, either in college or who are pursuing full-time Masters programs.
If admitted, students in this program will be required to find full-time employment for 2 years, which means that you spend the first two years working and the next two years is when you’d be part of the full-time MBA program.
Who should apply to Deferred MBA programs ?
- If you are a young college senior who is absolutely certain of their professional goals and for whom the MBA is a definite path to those goals.
- If you want access to best career resources early in your career.
- If you want to be mentored by best minds of the top B-Schools, early in your career.
If you relate with any of these points, then the deferred MBA program could be right pathway for you.
What do these colleges look for in candidates?
- Candidates are chosen for their combination of intelligence and common sense, maturity and curiosity, passion and compassion.
- Each has made a difference and distinguished himself or herself in a particular field of interest. They are looking for candidates who will be future leaders in business, government, and nonprofit endeavors.
- As candidates won’t be having much work experience you need to have an achievement driven profile. For example, you can talk about competitions you have won, if you have been among top ranked students in some Olympiad or if you have your own startup.
If you are in your final year of study, you are eligible to apply in the current application cycle of deferred MBA programs. This timing applies to:
- Candidates from bachelor degree programs
- Candidates from joint bachelor/graduate degree programs
- Candidates from graduate degree programs who have not held a full-time work position. To be eligible for the 2+2 program, candidates need to have gone directly from undergraduate to graduate school.
The application process requires the student to have GMAT/GRE score.
In case the native language of student is not English. You will be required to have IELTS/ TOEFL score as well.
Apart from that colleges need
1.Two LORS, one (1) letter from an academic instructor and one (1) letter from an employer.
2.Current resume of the student
3.Essay/Statement of Purpose
The shortlisted candidates are invited for the interview in-person or skype interview. Upon successfully completed the two-stage process you receive the final admit from the college.
PS – Remember, the Application Process differs from School to School. Hence, make sure you go through each school’s official website for more details on the process.
A typical early admit MBA, admits students with high GMAT/GRE scores. Also as the candidates don’t have much work experience to showcase, a high GPA gives a good idea about the students potential.
The final call is made keeping in mind the admission scores, GPA, academic diversity, extracurricular and internships.
The Class profile of the Harvard 2+2 program
Profile for the Class of 2020
GMAT Information
| COMPLETE RANGE OF GMAT SCORES | 610-780 |
| MEDIAN GMAT | 730 |
| AVERAGE GPA* | 3.67 |
Educational Background
| STEM | 60% |
| ECONOMICS/BUSINESS | 22% |
| HUMANITIES/SOCIAL SCIENCES | 18% |
| UNDERGRADUATE INSTITUTIONS REPRESENTED | 43% |
Class profile for Yale SOM
Class of 2018 Data
| Total Enrollment | 334 |
| Median GMAT | 730 |
| Middle 80% GMAT Range | 690-760 |
| Median Undergraduate GPA | 3.65 |
| 80% Range of Undergraduate GPA | 3.31 -3.91 |
| Women | 43% |
| International Passport Holders* | 46% |
| Under-represented Ethnicities | 13% |
| Sr. No. | Schools Name | Country | Programme Name |
|---|---|---|---|
| 1 | Harvard Business Schools | US | Harvard 2+2 Programme |
| 2 | Yale School of Management | US | The Yale Silver Scholars Program |
| 3 | Stanford Graduate School of Business | US | Stanford MBA |
| 4 | Indian School of Business | India | ISB Young Leader Programme |
| 5 | University of Booth Chicago School of Business | US | Booth Scholars Program |
| 6 | Rutegers Business Schools | US | The Rutgers Future Leaders 2+2 program |
| 7 | The University of Buffalo | US | The University of Buffalo 2+2 |
| 8 | Rollins Crummer Graduate Schools of Business | US | The Rollins Early Advantage MBA |
| 9 | Kelley School of Business | US | Indiana University |
| 10 | MiT Sloan | US | MBA Sloan |
| 11 | Penn Wharton | US | Wharton MBA Program |
| 12 | NYU Stern | US | NYU Stern MBA |
| 13 | McCombs School of Business | US | TEXAS McCombs |
| 14 | Purdue University | US | Purdue Krannert Master’s Programs |
| 15 | Rutgers Business School | US | Rutgers Future Leaders 2+2 |
| 16 | IESE School of Management | France | The IESE YTP |