Tag Archives: GMAT
December 27, 2016
The GMAT. It’s an acronym that strikes fear in the hearts of many a prospective MBA student. And for good reason: while your GMAT score is just one data point out of your entire package for the AdCom to consider, it’s often viewed as proof of academic prowess. A strong performance on the GMAT is a key component of the MBA application to most top business schools. But what can you do if your score isn’t where you want or need it to be?
Whether your lower-than-desired score is a result of illness, test anxiety, or just plain insufficient prep time, don’t let it throw you off your game. Make peace with the fact that it’s totally normal to take the GMAT more than once. In fact, I typically advise clients to plan for two attempts at the GMAT, leaving a buffer for a retake if needed.
There’s really no harm in taking the test several times, and unless you score well right out of the gate, you often will do better the second time—you’ll have fewer nerves, more familiarity with the process, and no big surprises. There’s no such thing as a bad test, just opportunities to build on and learn from.
If you didn’t prepare enough, then ramp up your studying, take a class, or consider hiring a tutor who can help you streamline your efforts and teach you the best methods for answering the various question types.
Also, don’t worry about how the schools will perceive those multiple tests. Admissions committee members often interpret this dedication to improving your score as a sign that you’ll do whatever it takes to prove you’re ready for business school.
While it’s natural to become hung up on achieving the highest score possible, or fixate on the average GMAT score reported by the schools, I urge test-challenged clients to focus instead on aligning their scores within the 80 percent range. Many schools list this information directly within their class profiles.
Keep in mind that this high number is primarily for those targeting a top-tier MBA program. For example, the 80 percent range for the MBA class entering UC Berkeley’s Haas School of Business in fall 2016 is 680-750. Columbia Business School had a similar 80 percent range this year of 680-760, and University of Pennsylvania’s Wharton School listed the 80 percent range as 700-770 for the class of 2017.
If you scored a 680, think carefully about whether a retake would significantly improve your overall candidacy. You may decide your energies should instead go toward focusing on your essays, or coaching recommenders.
Targeting these numbers at the lower end, rather than at the out-of-reach average, may keep your application viable. However, if you’re 50 points away, it’s time to rethink your selected programs and consider adding options in the top 20 or 30.
You can still leave the highest-ranked options on the table, but these have officially become what we call “reach” schools. Applicants looking at programs in the top 20 or 50 should check the average scores of admitted students to determine their personal target GMAT score.
If your score hasn’t improved significantly despite two or more attempts, don’t beat yourself up over it. Turn your focus to taking a broader look at your entire application strategy. The GMAT score foretells how well one would do in the core academic courses of an MBA program, but isn’t a predictor of success throughout the entire b-school experience. This is why most schools have a holistic approach to considering each application.
It’s entirely possible to offset a low GMAT score with a proven track record in a quantitative job, a high GPA from a respected undergraduate school, and compelling leadership activities. Put your energies toward boosting your candidacy in the areas of your application you can control, namely the essays, extracurriculars, and to some extent, the recommendation letters, where your recommenders can highlight your quantitative skills.
Although you may feel tempted to use the optional essay to explain a low test score, try to resist, as this will likely come across as making excuses rather than providing additional information.
Business school hopefuls can be incredibly hard on themselves when they make mistakes on the GMAT, but should actually think of each error as a learning opportunity and a chance to improve. So don’t become discouraged if your first score isn’t where you’d hoped.
The admissions process is a complex one, so after you’ve done the best you can on the GMAT, it’s time to focus on developing your personal brand by packaging your goals, passions, work experience and “why business school, why now” into a compelling case for your admission. In the end, your exceptional accomplishments will likely shine through despite some academic challenges.
November 30, 2016
Kaplan Test Prep’s 2016 business school admissions officers survey finds that 92 percent accept the GRE as an alternative to the GMAT, giving aspiring MBAs more flexibility than ever in deciding which exam to take …
Kaplan Test Prep’s 2016 business school admissions officers survey finds that 92 percent accept the GRE as an alternative to the GMAT, giving aspiring MBAs more flexibility than ever in deciding which exam to take to get in.
This all-time high percentage in Kaplan’s annual survey represents a huge jump from its 2009 survey — the first year Kaplan asked the question — when only 24 percent of business schools said they accepted GRE scores.
But despite increased acceptance of the GRE among business schools, there’s a point of consideration for MBA applicants who are considering this option: The GMAT might still give applicants an edge at some schools. Twenty-six percent of admissions officer say those who submit a GMAT score have an admissions advantage over those who submit a GRE score.
Only 2 percent say GRE takers have the advantage; the remaining 73 percent say neither exam taker has the advantage, essentially unchanged from Kaplan’s 2015 survey.
Business schools have contended that accepting the GRE as an alternative to the GMAT — long the only accepted admissions exam –widens the pool of applicants beyond students from ‘traditional’ MBA backgrounds like finance, banking or consulting.
Kaplan survey data supports this notion and finds that schools have been successful in this effort, with 61 percent saying offering the GRE option has resulted in the enrollment of more students from nontraditional backgrounds. The GRE has not, however, significantly contributed to business schools enrolling more female students (25 percent), students of color (24 percent), or low income students (16 percent).
It’s important to note, unrelated to the GRE, that the percentage of female students at top business schools has increased over the past several years and there are other efforts underway to increase the number of students of color; and the GRE alone isn’t the only reason business schools have enrolled more students from non-traditional MBA backgrounds.
“One reason acceptance of the GRE continues to grow seems to be because it generally broadens the application pool to include prospective students who might bring a different set of experiences and skills to business school and the business world, which is important as the economy continues to diversify. It’s also possible that business schools that don’t offer the GRE option may lose excellent prospective students to schools that do,” said Brian Carlidge, executive director of pre-business and pre-graduate programs, Kaplan Test Prep.
“We continue to stress to students to understand that some schools are still reluctant to give both tests equal cachet, even though they accept both exams. Our advice is to gather intel and ask admissions officers if their program has preference for one exam over the other.”
*The survey was conducted between August 2016 and October 2016 of admissions officers at 224 business schools in the United States. Among the 224 business schools are 18 of the top 50, as ranked by U.S. News & World Report.
June 26, 2015
If you haven’t yet taken the GMAT, or still need to send scores to your target schools, then this news from the Graduate Management Admission Council will be of great interest. Earlier this week, GMAC …
If you haven’t yet taken the GMAT, or still need to send scores to your target schools, then this news from the Graduate Management Admission Council will be of great interest. Earlier this week, GMAC announced it will make three changes in July designed to streamline and enhance the test-taking experience for applicants.
Going forward, any cancelled scores will not appear on the official score report. This means that when a test-taker cancels their score, only the test-taker will know. This feature will be applied retroactively to all previously cancelled test scores, which will be removed from all future score reports that are sent to schools. GMAC believes this move, supported by 85% of surveyed test-takers, will help deter any misinterpretations of cancelled scores in candidate profiles.
Candidates will also now be able to retake the GMAT exam after 16 days, rather than the current waiting period of 31 days. This allows candidates the flexibility to retake the exam within a shorter period of time in order to accommodate their schedules, study habits, peak performance times, and/or school deadlines. The max of five exam sittings within one 12-month period remains in effect.
Finally, test-takers will enjoy a streamlined authentication experience at the testing center with the elimination of a separate authentication code. Candidates will be able to view their Official Score Report online using their date of birth to authenticate their access.
These new features and options for test-takers are effective July 19, 2015.