Maxing out on the GMAT won't guarantee health,happiness or whiter teeth. But it can change your lifetime career prospects. Ruminations, insights and questions - mine and yours - on test prep and b-school admissions.
Saturday, May 8, 2010
You Can Conquer Test Day Anxiety!
In my work with students preparing for the GMAT, I've seen that these same techniques often play a pivotal role in achieving the highest possible score. Indeed, for some students who become overwhelmed by Test Day stress, the lack of this discipline can be devastating.
Betsy Massar, founder and CEO of Master Admissions, has done a great job of synthesizing some of the key elements and most approachable literature on the subject in her article...
Train Your Brain for Test Success: Mastering Test Anxiety
A confluence of research in psychology, neuroscience, education and even genetics demonstrates that you can train to be very, very good at something—even taking standardized tests. Even if you think you are not naturally good at tests, you can improve dramatically. Here’s how.
The GMAT, or any graduate school admissions test, is a bear. No one needs to tell you how competitive it is, nor do they need to tell you how important it is to score within the target school’s range.
Some people are better at taking tests than others. They are natural test takers. We all know some of them, and those of us who fall apart at the thought of a standardized test have to work a lot harder. This article is designed for the grad school applicant who is not a good standardized test taker: someone who knows they are more intelligent than the computer thinks they are.
Many terrific test-prep companies specialize in test content: you should take advantage of the information they have to offer. Going through their material, and going through it well, is one of the best ways to boost confidence in taking standardized tests. Indeed, just knowing you are prepared is can boost your own confidence.
New Research Shows You Can Train Your Brain (click here to continue)
Thanks for stopping by,
Doug
Sunday, September 20, 2009
You know you are an MBA when...
You know you are an MBA when....
You ask the waiter what the restaurant's core competencies are.
You decide to re-org your family into a 'team- based organization.'
You refer to dating as test marketing.
You can spell 'paradigm.'
You actually know what a paradigm is.
(for more, click here)
Thanks for this to http://twitter.com/zashtonemoje who also has started a great MBA blog at http://zashtonemoje.wordpress.com/
Friday, November 7, 2008
Bottom Line on Choosing an MBA Program
Christian Schmied
Student at Rensselaer Polytechnic Institute - The Lally School of Management and Technology
MBA Insights
I'm currently applying to a few MBA programs including Stanford, MIT Sloan School, and Rensselaer Lally School .... when deciding to pursue an MBA at various universities, what would you say are the most important aspects to consider (reputation, specialized programs, career connections, etc.)??
John Acheson, MBA
Micropreneur
The most important aspect of any investment (you'll be dropping $100K plus 2,000 or more hours) is payoff.
I overlooked the most important component of payoff when I chose my MBA program based on up front costs instead.
On the back end there was nothing waiting and of the 83 companies I applied to only 3 or 4 added extra value for a MBA.
For payoff, you need to ask yourself:
- what companies are ACTIVELY COMING ON CAMPUS and SPECIFICALLY HUNTING DOWN MBA GRADUATES?
- what majors are those companies looking for? i.e. all businesses have 5 functional areas: HR, ops, mgmt, legal/IT and sales/marketing
- what skills are those potential employers looking for?
- which teachers or administrators are connected to the companies that come on campus?
Before you apply, spend several hours at the career center and SPECIFICALLY ASK ABOUT MBA opportunities because you'll quickly notice that companies may prefer hiring computer science majors, BA in accounting majors, engineering majors, etc.
ALSO spend extensive time studying your dept or major. For example, ISYS. What companies are those ISYS faculty members and office folk connected to. What network will you tap into?
For example, if you want to tap into the Silicon Venture Capital network you would chose Stanford and major in Finance. If you want to tap into the auto industry, you may double major in engineering and apply to MIT if you want to work for a DOMESTIC automaker. If you want to work for Toyota or Honda, you may have to apply to a program in Japan.
IF NO firms from the sector, industry or line of business you're interested in are ACTIVELY recruiting at your target schools, why apply???
Just for the name???
Thanks for stopping by,
Doug
Monday, February 11, 2008
Interpreting and using GMAT practice tests.
This question comes from a former student:
Kaplan Cat3 Q-20 correct V- 17 correct Total 520
As you can see my highest verbal yet and second highest quantitative so my score should be at least higher than a 510-520?? I know the math seems to be weighted higher but their last score doesn't make sense.
Anything's possible. However, looking at your overall scores, I actually see very little inconsistency. On the other hand, you are focusing on the number of correct answers compared across four tests. To understand the apparent discrepancy, keep in mind two concepts: First, the test is scored on a curve, so your overall (scaled) score depends not only on how you performed, but also on how other test takers scored. Second, and more importantly, remember how the test algorithm works. If you get several questions wrong in the beginning of the test, the algorithm lowers your score and gives you easier questions. After that, you can readily answer more (now easier) questions correctly but will have a tough time recovering on the maximum achievable scaled score. (I'd be curious to know how much variation you noticed in your percentile rankings and scaled scores.)
I've got another opportunity for you to consider. You didn't mention how frequently you've taken these tests. After each practice CAT, are you taking time to review your results question by question and identify areas that need work? You should follow up such an analysis with additional practice before tackling another CAT. Taking practice tests without the supplementary work in between might help you improve your timing (and conceivably raise your score thereby) but it won't generate your maximum performance increase.
You've already boosted your scores by 100 points from the diagnostic test. To maintain your momentum, I suggest that you analyze the tests you've completed so far to figure out which two or three topics, strategies, or concepts offer the biggest potential harvest of points - and then dig in on those areas intensively.
- Doug
Monday, December 17, 2007
How much time do I need to be ready for GMAT?
While this startlingly illogical approach works for some, it’s NOT optimal for most of us. That said, there is no RIGHT amount of time to prepare. How much time you’ll need to prepare for the GMAT depends on the following questions:
1) What’s your target? Are you striving for your personal best or are you aiming for the window set by one or more schools? If the latter, are you using the school’s published average score? While this provides a general indication, the average score may or may not be the right target for YOU. A more helpful tool is the school’s 20th–80th percentile range, i.e. the range of scores earned by the middle 60 % of accepted applicants. Better yet, call or visit your target schools. Connect with an admission’s officer and start a dialogue about you and the school. Then, in the context of the overall fit for both sides, let them know you are methodically prepping for GMAT and would appreciate their assistance in appropriately managing your time. Ask what GMAT score you need to achieve to be admitted to their program. One of my tutoring clients was told by a Top 5 school that she needed a 650 to gain admission, because they liked the rest of her application. The same school told 2 other students (with law school backgrounds) that their target score was 730.
2) What’s your baseline score? You need to know your starting point in order to determine how much you need to accomplish. You can use a prior GMAT, a Kaplan diagnostic test (available at Kaplan Centers for free), or one of the GMAC practice tests available at mba.com when you register for the test.
3) What prep method are you going to use? Class room course, online, one-on-one tutoring, self-study books? Don’t forget to factor in the course schedule or tutor’s availability. Be realistic. Know your tolerance for concentrating on math and grammar after a full day’s work.
4) Finally, what are the other demands on your time? You still need to take care of work (remember you’re going to be asking for recommendations!), family, and maybe community/volunteer responsibilities. Notice I haven’t included social life here - put it on hold unless you are planning to drag out the process. This is serious business - hopefully, a once-in-a-lifetime, full-bore commitment to your future.
The stakes are high; In a recent Kaplan survey, 55% of admissions officers said the GMAT was the most important consideration in their evaluation of a candidate. Another 35% send it was the second most important factor. That’s right: 90% of admissions personnel interviewed considered your performance on the GMAT as the most or second most important consideration in your application package. Moreover, data collected by U.S. News and World Report indicate that each 10 points your GMAT score increases correlates with an additional $5,000 in annual income. So when you’re deciding how much time and effort to devote to GMAT prep, balance your commitment against the time and money that went into building your college GPA. Then add in the impact of an MBA on your expected lifetime earnings.
Plan and act as if you were training for an Olympic event.
• Know your target score, your test date, your schedule. Plan to hit peak performance on test day.
• Allow time for 8 hrs. sleep per night - remember, you’re in training.
• Exercise at least 3 times per week - daily is better.
• Allow time for a weekly practice test (3.5 hours plus twice that to review.)
Okay, got it! So how much time do I need to budget?
GMAC (Graduate Management Admissions Council) research shows GMAT scores are strongly correlated with both the number of hours of prep and the number of weeks of prep. GMAC offers the following data:
Score–Hours of Study
700+…………………114
600 -690……………104
540-590…………….100
<500…………………82
Of course these data don’t reflect the starting scores or the extent of variation around the values. Will 4 extra hours of study raise a test taker’s score 150 points, i.e. 540 to 690? Not likely. However, if you use Kaplan’s benchmark of an 80 point increase from pre-course baseline test to Test Day, a bump from 620 to 700 with 114 hours of study tracks pretty well. On the other hand, I’ve seen cases of even greater increases - 170, 210, even 340 points. But these students invested proportionately more hours in study.
Bottom Line - plan to spend at least 3 months on GMAT prep; 6 months is better. And you’ll need to schedule between 1 and 3 hours per day for study with approximately 10 hours set aside each week for the practice tests and review. This disciplined commitment in conjunction with the right study materials and guidance is the formula for Test Day success. Now go for it!
Tuesday, November 27, 2007
10 ways to prep for GMAT (when you're not actually studying)
1. Get the check and do the math - there are no calculators or spreadsheets on Test Day. Tune up your arithmetic skills every time you dine out. Total the check in your head, then calculate a tip at 11%, 15% and 20%.
2. Read everything critically - ask yourself why the author used a specific word or introduced an idea. What is the structure of the piece? Identify topic, scope and purpose.
3. Keep your Pocket Reference with you at all times - and review it at every opportunity
4. When someone is pitching you, listen for conclusion, evidence and assumptions.
5. Try the Kaplan Method for Issue Essays when writing your next proposal.
6. Proofread your kids' homework, spouse's reports - initially you can refer to chapters 8 - 17 in the Kaplan GMAT Pocket Reference
7. Get plenty of sleep - recent research shows that much learning takes place only when the brain sets up new neuronal connections DURING SLEEP.
8. Exercise regularly - get those endorphins flowing - you'll have less stress and more energy - critical success factors on Test Day.
9. Check yourself: are you answering the question that was actually asked?
10. Is there a back door to the answer? Thinking outside the box, how can you use what you know to find a quicker alternative route to the correct solution?
I can't wait to get your questions and comments (just click below on "0 Comments" or "Links to this Post" and then "Post a Comment"). In the meantime, here's the ...
QUESTION OF THE WEEK:
What do you consider "enough" time to prep for GMAT?
Thanks for stopping by,
Doug
Tuesday, November 20, 2007
What is GeeMATTERS and what does it have to do with applying to business school?
"Open up" - Why did this author use this phrase? Well, because I also want to invite you to pass on your insights and experience. Kaplan has created a powerful set of tools to help you max out your Test Day performance - but many of you have developed your own nuanced insights into how best to use those tools. I hope you'll share them here.
Sitting in class for 2 1/2 hours after a full day of work, sometimes twice a week, often with a family waiting at home, can be exhausting - even with a scintillating instructor pumping out gigawatts of enthusiasm. Notwithstanding, some of you have found the time and energy to develop relationships that continue beyond the course. One class even published a list of its e-mail addresses. In a world where everyone seems to have an MBA, soft skills are increasingly the key discriminators of success (check out Emotional Intelligence: Why It Can Matter More Than IQ by Daniel Goleman). Over the last 2 1/2 years our classes included pharmacists and investment bankers, architects and fighter pilots; people from Philly to Saudi, California to Korea. If you're looking for a network of bright, ambitious achievers, look right here among your fellow Kaplan students and alums.
I hope to post at least one problem and response each week. As in the past, I will "sanitize" your e-mailed questions before posting them, unless you instruct otherwise. If you post directly to the blog, I'll assume you don't mind being identified. Publishing frequency and, for that matter, content will be up to you as well. Share not only your questions but also your insights from the GMAT, suggestions on study methods, and favorite sites covering test prep, applications, and business schools. Remember the essence of networking is first to give, then to get.
Watch for the QUESTION OF THE WEEK. Let each question be a grain of sand in the oyster of your GMAT/B-School consciousness. Then post your pearls!
Each week for the next couple of months you'll also find one of the 10 Pretty Good Rules set up by the Strategic Studies Group at the Naval War College. Collect 'em all and keep them close - they're amusing and on point.
Finally, in the Net Work panel, you'll find a list of useful GMAT and business school related links.
Right now I'm thinking about posting once a week, but more frequently is possible if you get stoked and demand more. Posts will be moderated.
So now for the...
QUESTION OF THE WEEK:
What would you like to see in future GeeMATTERS ?
Thanks for stopping by,
Doug