Deferred intake

After that awfully long post, this one's rather short.

Updates: Confirmed the admission with SP Jain by paying their acceptance fees of USD 2500. This hurt a lot because of the rising dollar rates (~48). I have sent in my documents and they have been verified. But I have deferred my admit to the April 2009 intake. This for specific reasons:

a. The rising dollar rates of course!! I'd be stupid to pay up with an exchange rate of almost 50, though I admit that I fear looking even more stupid if the rates increase beyond that.
b. I needed time to arrange my loans, as the current situation was a 11% (min) with the interest compounded annually. Almost all banks are offering a rate of interest as high as 11-14%. The rate of 11% was the lowest I could find with UBI. So I thought I'd defer my intake and look out for other options- personal loans etc.
c. It was a bit too early to fly for the dec 08 intake. I needed time to get into the prep mode.

And so now I have to wait until april 09 for my program. I'll be busy till then making payments for the program by december. Morover, I haven't totally ruled out options of the top 5 Indian b-schools. Which means, I still am preping for my CAT, XAT and GMAT.

Till my next update.. cheers!!