MDI Gurgaon rescinding admission offersđ
Have heard about enough companies laying off or rescinding offers - but a business school rescinding admissions offers due to âfall in market demandâ? Damn - scary
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Thatâs a standard practice. Nothing new in this.
Nothing new in bschools rescinding offers post acceptance plus before a week of commencement?
Yes sir. The word âProvisionalâ it self means possible to be changed later. Earlier the schools used to release waitlist and people in that gets admission based on the dropouts and now they are calling it as provisional.
Disgusting. An MBA college couldn't forecast seats. Didn't read the pulse on the job market of last year. Maybe their admissions team should sit during their supply-demand and macro-micro classes. I hope the higher education authority takes strict action (not just fines) against such a college, for wasting candidates' time, and imagine it's too late to get into other colleges, now they have to sit in a horrible job market for another year and give exams for another year.
This is so fucked up!
Now it makes more sense why West doesn't see value in such degrees. It has happened there before it reached us
Actually stupid of us to be repeating the same mistakes - not sure how much longer before all of us understand how India is a fundamentally different market compared to the West.
âOh this worked in the west, we are following the playbookâ - đ
You didnât even read the comment
But well cool, keep making same mistakes. Anyways we 200 yrs behind
What happens to all the alt b school now?
Have a different vantage point on this - any new b school catering to same outcomes as your IIM, ISB is stupid, thereâs no need. IIM, ISB are great at what they do but tablestakes is that India needs tons of more good institutions - someone needs to build these.
Think of this like launching a product, one needs to have a clear understanding of the painpoints. Who do you exist for?
If oneâs saying I am better than IIM, ISB as a blanket statement - run away. If any one is saying that this is whom we exist for and hereâs why - thereâs food for thought there.
Business education is a means to an end. Ask questions, be selfish - if you feel the reason for any new school makes sense go for it, if not donât ever go.
Dude, youâre reading it all wrong. The âfall in market demandâ means that they were anticipating regular drop out rates but that didnât happen as students wish to do an MBA and that too from a Premier Institute rather than some âIIMâ which was established in the last half a decade and doesnât have any repertoire.
Even at our time, MDI used to issue provisional admission letters and waitlists, nothing new here. During my time, the waitlist moved by at least 90-110 students.
They just planned it out really poorly and are now in a soup.
Okay bro, do you understand the meaning of "provisional" ? Sounds like a clickbait post in wake of other trends at best.
Not sure what click bait in GV solves for :)
Irrespective, MDI has landed itself in a soup here (plus aspirants in a deeper soup).
Itâs less than a week before program is scheduled to start - most folks are working professionals who wouldâve already put in their papers. Any clearance of provisional offer/waitlist should be done with enough notice - these offers arenât your waitlist on flights that flights are overbooked, you can choose to reschedule to a flight in 3 hours.
Liability is on the institution, they need to plan better.
Didn't get your first statement - GV/Reddit/Blind are all in for the sauce, that is a the essence of clickbait elsewhere.
Coming to the post - again, do you understand what "provisional" is? The term itself attests that your admission isn't closed, it is just indicative. Sure, in the past the trend would've been that most provisional offers are eventually ending in final offers. Doesn't mean that the said situation in the post doesn't arise ever.
I understand the pain folks are going through, one's who have left jobs for this offer. But in reality the offer in the first place came with a definition, that it is not a seat in the college.
I myself come from a teri-1 engineering school , where I also received a provisional followed by confirmed offers. We only celebrated when I received the latter.
This email must be heartbreaking for any one to get
And they teach "Management"
There are so many things wrong with this post.
Firstly, MDI is not any tier 1 school, lol. Also, they had said that they provided you with the provisional admissions. That is not confirmed. It is similar to waitlist. That means that they can remove it at any time.
Had they given you a confirmed admission, it would have been a different case altogether