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GMAT Prep II
Below is a random collection of tips that I found useful when I was preparing for the GMAT. I hope that you find some of it useful also.
Common Myths
• MYTH: You need a GMAT score of 700+ to be a competitive applicant.
• FACT: Only 7% of all GMAT takers score 700 or higher.
• MYTH: The GMAT tests your knowledge of business principles.
• FACT: The GMAT tests your basic quantitative and verbal abilities
• MYTH: The GMAT tests complex math concepts.
• FACT: GMAT math is tough because of the way the concepts are tested, but you don’t need to know more than high school algrebra and geometry.
• MYTH: All of the questions on the GMAT count equally towards your score.
• FACT: Questions at the beginning of each section have a greater impact on your score than do questions that come later in the section. Basically, take extra care with first 10 questions of each section. The harder the test gets, the better you’re doing.
Basic info about GMAT scoring
• Two Overall Scores
• AWA (Analytical Writing Assessment) 0-6.0 (Avg. is 4)
• Total (Verbal + Quantitative) 200-800 (Avg. is 530)
• Separate Verbal and Quantitative scores out of 60
• Verbal >42 and Math >50 are rare.
Suggested scoring for young applicants
To be competitive with other applicants, you should aim to score in the respective tiers (see below) depending on the school’s reputation and ranking. Typically, the younger you are as an applicant, the higher your GPA and GMAT needs to be—Both should be at or above the schools average.
• 95-99th percentile 710+ (top 15 schools)
• 79-90th percentile 630+ (top 40 schools)
• 61-75th percentile 570+ (need very compelling story, should take it again)
• 37-50th percentile 500+ (should definitely take it again)
How many times should you take the GMAT?
Ideally, one. I don’t think any b-schools have a specific limit on how many times you can take the GMAT but I wouldn’t take it more than twice. If an applicant has a perfect 800 after 6 tries, it probably won’t look better than a 710 on the first try. The schools can see how many times you took it. If you’re taking it that many times, it just means you’re spending your time preparing and practicing for a test and that you’re probably not busy doing something else more compelling. There are plenty of good practice tests out there so you should not take the GMAT until you are completely comfortable with where you’re at. Don’t waste your first attempt.
Some tips I found helpful for the AWA portion:
• It’s all about structure–use simple, clear language.
– Computer Grader and Human Grader–they take the avg. score
• Analysis of an Issue
– Given a topic, take a position, back it up
• Analysis of an Argument
– Given argument, say it’s a bad argument, give reasons
– Try this intro and conclusion–I found that it will work for any topic. Use this and you’ll basically just have to fill in the 3 paragraphs for the body.
Intro: The author’s argument is unconvincing because his conclusion depends on several unsubstantiated assumptions. Each of the following areas merit further explanation before the author can be given any degree of credibility.
Conclusion: Due to the many holes in the reasoning of the author’s argument, it is difficult to take the author seriously. Unless further evidence surface in each of the areas discussed above, the given premises are insufficient proof that the conclusion drawn is viable.
Suggested prep materials
• GMAC Official Guide to GMAT (Must Have)
– Real GMAT Questions. But don’t use this before you take PowerPrep Tests! The PowerPrep tests come free when you register for the test and they are very accurate at predicting your score. However, like the official guide, they draw on the same questions used on previous tests. If you use the guide first, you might be inflating your test scores.
• PowerPrep CD (comes free when you register for a test)
• Kaplan GMAT book
– Get the complete one—w/CD, Math, Verbal
– Extensive Math Prep
– Practice tests great for pacing with CAT–they look and feel exactly like real thing, just harder
• Princeton Review Verbal Workbook
– Essay and Verbal Prep
Suggested Schedule:
• Give yourself at 2-3 months
– Avg. 2 hours a day (except for test days) 3-4 days/week
• Start with diagnostic Test (Kaplan)
– Gives you a good breakdown of your strengths and weaknesses. Spend more time on yoru weaknesses–your marginal return on your score will be much higher.
• Work Through Kaplan book and Princeton Review—Take 2 Kaplan Practice Tests • Take PowerPrep test & Evaluate
• Work Through Kaplan book and Princeton Review on needed portions—Take remaining 2 Kaplan Practice Tests
• Take 2nd PowerPrep test & Evaluate
• If needed, work through Official GMAT Guide
• Take Free Princeton Review Test Online
After each powerprep practice test, if you like your score, you should just go take it and move on to the other 99% of your application–your essays and rec letters.
Good luck!
Symon
4 Responses to “GMAT Prep II”
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All rights reserved by Serdar Sikca © 2008
I disagree with some of this information, mainly pertaining to the GMAT. I had a 3.5 GPA, a 610 GMAT (73rd percentile), and really good essays. I’m also attending Purdue, a Top 25 school.
For domestic students, I think 640 (80th percentile) and a decent GPA (the average is ~3.3) makes you a competitive applicant for any Top 25 school. For international students, I get the vibe schools are looking for higher GMAT’s since they are unsure as to how foreign GPAs translate.
The figures were provided as suggested scores for younger applicants and not meant to be strict figures used by admissions boards. Meeting or exceeding those scores does not guarantee admissions and not meeting those scores does not mean there is no chance either. I know some straight from undergrads who were admitted to the top 5 schools with a 630. I also know many more 800/4.0 students who didn’t get into most schools. GPA or GMAT scores don’t guarantee anything. There are always exceptions to the norm.
As more and more young applicants apply to the still limited spaces at top MBA programs (i.e. I believe HBS has only about 20-25 straight from undergrad slots out of over 900), having higher GMATs and gpas will make you more competitive as an applicant.
jcruse, I would believe that there are many more applicants with scores similar to yours who didn’t get into the same schools that you did because they didn’t have the spectacular essays that you had. Not everybody can write “really good” essays and I’m glad you did.
Agreed. I think the takeaway here is you have to bring a total package, not just some nice scores.
I think it also depends on how you want to package yourself. One strength having just graduated from college is that you’re academically very in-tuned, which appeals to the ‘academic’ hat of adcoms. Chicago GSB specifically told me they wanted college seniors to bring more academic integrity to the table: my translation, show you’re there to learn, and that you’re good at it, by showing a high GPA and GMAT.
Of course this should be one of many strengths, not the only one. But it’s one card that many people, especially say 10 years out of school, probably find very hard to play, and some college seniors may want to use this to their advantage.