Tag Archives: test scores

Should You Take the GMAT or GRE?

Now that most of the top business schools in the United States accept both the GMAT and GRE exam for admission, how do you decide which test you should take? Many elite schools hope to diversify their applicant …

MBA application

Now that most of the top business schools in the United States accept both the GMAT and GRE exam for admission, how do you decide which test you should take? Many elite schools hope to diversify their applicant pool by accepting the GRE as an alternative in the admissions process. Another favorable aspect for business schools: it creates a more competitive enrollment rate; the number of available spots stays the same but the volume of applications goes up.

Prospective grad students of the arts and sciences have typically submitted GRE scores, so applicants deciding between business school and other graduate programs appreciate having one less test to study and pay for. Meanwhile the GMAT, long considered the gold standard for the specific academic skills needed in graduate business school, is more expensive and offered in fewer locations worldwide.

One essential difference between the tests is that the GRE requires you to do the arguing, whereas in the GMAT you analyze what has been argued. The style expected from GRE test readers is more abstract and draws from various sources and disciplines for examples or references, whereas it is more concrete and analytical for the GMAT. This supports the suitability of the GRE for the more academically-minded student.

A recent US News and World Report article weighs in with the following five factors MBA applicants should consider when choosing between the GMAT and GRE:

  1. Does the school have a strong preference for the GMAT?
  2. Are your math skills especially strong? The GMAT is generally more difficult in the quant section
  3. Are you a wordsmith at heart? The GRE is more challenging in verbal, particularly for non-native English speakers.
  4. Consider your post-MBA career goals. Some firms require applicants to submit GMAT scores.
  5. Test anxiety is generally lower with the GRE, which allows you to save and return to questions to check your work.

In general, top business schools will be looking for fairly high percentile scores on the GRE, especially on the quantitative section. I had one client who, while phenomenal in many ways, could not achieve a GMAT score above 600. Her quantitative percentile came in around 40—half of the target score.

Although I’ve seen applicants admitted with very low GMAT scores in the past, we decided to take advantage of this new option and submit her application to Harvard Business School with the GRE instead. Despite a lower overall performance, her GRE results boasted a much higher quant score, and in the end, she was admitted to HBS.

Ultimately though, the GMAT remains the “tried and true” entrance exam for business schools—the admissions team will have no questions about why you chose it. If you are a great test-taker and it’s all the same to you, I would stick with the GMAT.

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Texas MBA Gives Admissions Perspective on GMAT vs GRE

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The Pros, Cons of Retaking the GMAT or GRE

This guest post is provided by our friends at LA Tutors 123 After working through a grueling standardized admissions test, the moment of judgement arrives when you get your scores. If you got the score you …

GMAT test prepThis guest post is provided by our friends at LA Tutors 123

After working through a grueling standardized admissions test, the moment of judgement arrives when you get your scores. If you got the score you were hoping for, congratulations! You can now focus your time and energy on the rest of the MBA admissions process. If your score is much lower than you’d hoped, however, you have to decide about whether or not to retake the test.

My biggest advice is: Don’t retake the test if you haven’t done any additional preparation!

As a tutor, I’ve encountered student after student who has taken the test two or more times before seeking a tutor or doing additional practice, hoping to somehow “get lucky” on the retake. This rarely works because these tests are not lottery tickets; the only way to substantially raise your score is to master the skills and test taking strategies they require.

A well-planned retake, however, can give you the boost you need to improve your application and clear the path to the business school of your dreams.

It’s a good idea to retake the test if:

You’re willing to put in the time and effort necessary to prepare for the retake.

Use the score report from your first test to map out how much time you’ll need to improve your skills. For low-scoring students, this might require several months, or an intense effort if you have limited time. You might consider finding a tutor (or purchasing additional hours, if you had one before) to help. Then, take at least one more practice test, preferably more, before the next real test to make sure you’re making progress.

You had extenuating circumstances on your test day.

One of the only exceptions to the additional preparation rule would be extreme circumstances, such as if you became violently ill halfway through the test, accidentally deleted your entire essay ten seconds before your time was up, or your test center was invaded by aliens.

In these cases, you might score substantially higher without additional preparation. Hopefully you’ve already cancelled your scores, because it’s better to not to have a score show up on your score report if it doesn’t reflect your true abilities. Most of the time, however, the biggest factor in how you score is preparation.

You scored substantially higher on your practice tests than the real test.

If your official test performance was much lower than your practice tests, test anxiety may have been a factor, as practice can’t fully mimic the stress of the real test. There’s a chance that once you’ve had the real test-taking experience, you’ll be calmer and more clear-minded the second time around.

That said, you should still to evaluate the reason your real test scores were lower and try to address the problem. For example, did you only complete the practice test in sections instead of all at once? If that’s the case, you should complete a few full-length practice tests in one sitting before your retake. Did the questions on the test seem harder than those on the practice tests? If so, you should seek out a different brand of practice tests and work through those.

Your score is just shy of a posted requirement.

If the school to which you’re applying has posted minimum or expected scores and you are just short of those requirements, a retake might get you over the top. You should still do additional preparation, however, otherwise you’re just as likely to score lower the second time around.

You probably shouldn’t retake the test if:

You haven’t done enough additional preparation and aren’t scoring better on practice tests.

The best way to tell if you’ve improved is to take at least one more practice test and see if your score has gone up. If it hasn’t, the retake might be a waste of time and money.

You scored higher than you did on any of your practice tests and don’t have more time to prepare.

In this case, there’s a good chance you’ll score lower if you take the test again, so don’t tempt fate.

You’ve already retaken the test several times.

While one or two retakes is common, retaking the test over and over again can weaken your application, especially if your scores don’t go up. A single retake with substantial gains, however, can show the admissions committee that you worked hard to improve, or that maybe the first test didn’t reflect your true abilities.

If you do choose to retake your admissions test, make it your goal to retake it only once and get the score you need. If you didn’t seek professional help in preparing the first time around, a class or tutor might be what you need to get you over the top. A private tutor can help you evaluate your weaknesses, keep your studying on-track, and come up with the best plan to make sure you do the retake right.

Image credit: Flickr user Steven S. (CC BY 2.0)

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Will a Low GMAT Score Doom Your MBA Application?

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 …

Low GMAT GPA

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.

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Using an MBA to Change Careers

These days, you’d be hard pressed to find someone who stays with one company or even one industry throughout his or her entire professional life. If you’re looking for the fast track to gain the …

These days, you’d be hard pressed to find someone who stays with one company or even one industry throughout his or her entire professional life. If you’re looking for the fast track to gain the skills and network to launch your career in a new direction, a popular way to do so is through an MBA program. In fact, by some estimates, two-thirds or more of graduating MBAs use the degree as a means of switching careers.

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While students often set their sights on a job in finance or consulting, the skills typically strengthened during business school—leadership, intellectual creativity, analysis and critical thinking, cross-cultural awareness, communication, even greater IT mastery—will serve you well as you find your way toward your ultimate career goal.

So-called career switchers look upon the degree as a way to expand international job opportunities, develop the right connections for future employment, and establish the potential for long-term income and financial stability. I personally went to business school because I wanted to transition from finance to marketing.  While I did achieve this, I also found that the MBA experience in and of itself opened up my mind to an array of new possibilities. I ended up in a career with a marketing focus, but it unfolded in a way I never would have considered pre-MBA.

Since application season is in full swing, I have a few words of advice for those applying to an MBA program now or in the near future. Business school demands a huge investment of your time, energy and finances, so make an airtight case to the admissions committee for why you want to go into this new field. Show that you know what the industry requires, the challenges you expect to face, and convey all previous experiences that demonstrate you have the transferable skills to make this switch.

One former SBC client, Sheila, worked as a real estate attorney focused on commercial transactions when she decided that she found working with the financial details more interesting than the legal intricacies. She passed the first level of the Certified Financial Analyst exam, but had a very limited understanding of other areas of business management. Though the CFA program is a tremendous resource, she had enough experience to know that she needed to develop the skills best provided by earning an MBA. Going to business school became the next logical step toward Sheila’s objective of working in real estate banking at a Wall Street firm.

If your undergraduate degree or work experience falls into the non-traditional category, make sure you clearly convey your long-term career goals within your application and essays, and explain in detail how you arrived at the conclusion that an MBA would help you further your professional aspirations. Know that the elite business schools welcome applicants from the humanities, but, unlike their business major peers, these candidates will need to prove to the admissions committee that their relatively minimal academic experience in quantitative subjects won’t be a hindrance once they hit those core courses.

Your GMAT or GRE score is the first and most obvious piece of the puzzle that indicates your ability to handle MBA-level course work, so allow yourself plenty of time to study for the exam. According to the Graduate Management Admission Council, which administers the GMAT, the average amount of study needed to achieve a score between 600 and 690 is 92 hours, and getting above that brass ring score of 700 is 102 hours. If you find your score has settled at the lower end of the spectrum, find other ways to demonstrate your quantitative competence, such as taking a college-level calculus class with a score of a B-plus or better.

Once you’re in b-school, opportunities abound to try out that new industry through coursework, student groups, internships, or networking with alumni. Self-reflection and exploration are key components of the MBA experience, giving students a chance to sample various fields and functions without making any firm commitments.

Embarking on a new career path with a freshly-minted MBA tucked under your arm isn’t just about new knowledge acquired in the classroom. It’s about leveraging your existing experience with enhanced skills, and even more so, it’s about making the most of personal relationships. All of the people, classes, activities, etc. in an MBA program catapult you into a whole new sphere, and you may come out with completely new ideas which help facilitate career change in ways you would not have thought of before. For me, this is the best part and the real opportunity business school provides.

The article originally appeared as a guest post for our partners at MBA Insight

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