3-2-WhichTest-GMATMost business schools now accept both the GMAT and the GRE, so which one should you take? I’ve written on the topic before but it’s been nearly a year and I’ve got some updates.

The conventional wisdom has been that the math is easier on the GRE. Though many schools do accept the GRE, rumors abound that students who take this test are at a bit of a disadvantage because they are expected to do better on the (easier) quant section. Anecdotally, we have heard a few admissions officers admit that they do think about this (strictly off the record, of course). Most admissions officers, though, have said this doesn’t matter to them at all, including several officers at the top 10 schools.

So we’ve come up with a series of decisions to help you make this choice. The first three questions are “deal-breakers”—that is, a certain answer will point you definitively to a specific test (the GMAT, as it happens). The fourth question is…murkier. We’ll address that in a little bit.

#1: Do all of “your” schools accept the GRE?

This one is obvious. All business schools (that ask for a standardized test score) accept the GMAT. Most—but not all—accept the GRE. If you want to apply to any schools that require the GMAT, such as London Business School MBA (at the time of this publication), then you’ll be taking the GMAT.

#2: Do any of “your” schools prefer the GMAT?

Most schools that accept both tests don’t express a preference between the two. Some schools, though, do say that the prefer the test. They publish this preference right on their web site, so go look up all of your schools and see what they say about the GMAT / GRE requirement for admissions.

As of the date of this article, Columbia, Haas (Berkeley) and Anderson (UCLA) all state that they prefer the GMAT, even though they do accept the GRE. If you want to apply to one of these schools, I recommend that you take the GMAT. (Note: these aren’t the only three schools that prefer the GMAT; I just picked out the three most well-known ones that do. You still need to research your schools!)

#3: Do you want to go into banking or management consulting after b-school?

The major banks and consulting firms ask for GMAT scores when you apply. (Some of them even ask for undergraduate GPA and SAT scores. I think that data is irrelevant after someone has a b-school GPA and GMAT scores but I’m not the one making the hiring decisions!)
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2-12-Sleep-GMATThis is going to be a short post. It will also possibly have the biggest impact on your study of anything you do all day (or all month!).

When people ramp up to study for the GMAT, they typically find the time to study by cutting down on other activities—no more Thursday night happy hour with the gang or Sunday brunch with the family until the test is over.

There are two activities, though, that you should never cut—and, unfortunately, I talk to students every day who do cut these two activities. I hear this so much that I abandoned what I was going to cover today and wrote this instead. We’re not going to cover any problems or discuss specific test strategies in this article. We’re going to discuss something infinitely more important!

#1: You must get a full night’s sleep

Period. Never cut your sleep in order to study for this test. NEVER.

Your brain does not work as well when trying to function on less sleep than it needs. You know this already. Think back to those times that you pulled an all-nighter to study for a final or get a client presentation out the door. You may have felt as though you were flying high in the moment, adrenaline coursing through your veins. Afterwards, though, your brain felt fuzzy and slow. Worse, you don’t really have great memories of exactly what you did—maybe you did okay on the test that morning, but afterwards, it was as though you’d never studied the material at all.

There are two broad (and very negative) symptoms of this mental fatigue that you need to avoid when studying for the GMAT (and doing other mentally-taxing things in life). First, when you are mentally fatigued, you can’t function as well as normal in the moment. You’re going to make more careless mistakes and you’re just going to think more slowly and painfully than usual.
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2-17-HighSchool-2If you have two equations, you can solve for two variables.

This rule is a cornerstone of algebra. It’s how we solve for values when we’re given a relationship between two unknowns:

If I can buy 2 kumquats and 3 rutabagas for $16, and 3 kumquats and 1 rutabaga for $9, how much does 1 kumquat cost?

We set up two equations:

2k + 4r = 16

3k + r = 9

Then we can use either substitution or elimination to solve. (Try it out yourself; answer* below).

On the GMAT, you’ll be using the “2 equations à 2 variables” rule to solve for a lot of word problems like the one above, especially in Problem Solving. Be careful, though! On the GMAT this rule doesn’t always apply, especially in Data Sufficiency. Here are some sneaky exceptions to the rule…

2 Equations aren’t always 2 equations
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2-12-MinMaxP3

Welcome to our third and final installment dedicated to those pesky maximize / minimize quant problems. If you haven’t yet reviewed the earlier installments, start with part 1 and work your way back up to this post.

I’d originally intended to do just a two-part series, but I found another GMATPrep® problem (from the free tests) covering this topic, so here you go:

“A set of 15 different integers has a median of 25 and a range of 25. What is the greatest possible integer that could be in this set?

“(A) 32

“(B) 37

“(C) 40

“(D) 43

“(E) 50”

Here’s the general process for answering quant questions—a process designed to make sure that you understand what’s going on and come up with the best plan before you dive in and solve:

gmat1

Fifteen integers…that’s a little annoying because I don’t literally want to draw 15 blanks for 15 numbers. How can I shortcut this while still making sure that I’m not missing anything or causing myself to make a careless mistake?

Hmm. I could just work backwards: start from the answers and see what works. In this case, I’d want to start with answer (E), 50, since the problem asks for the greatest possible integer.
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2-11-ScienceWe’re going to kill two birds with one stone in this week’s article.

Inference questions pop up on both Critical Reasoning (CR) and Reading Comprehension (RC), so you definitely want to master these. Good news: the kind of thinking the test-writers want is the same for both question types. Learn how to do Inference questions on one type and you’ll know what you need to do for the other!

That’s actually only one bird. Here’s the second: both CR and RC can give you science-based text, and that science-y text can get pretty confusing. How can you avoid getting sucked into the technical detail, yet still be able to answer the question asked? Read on.

Try this GMATPrep® CR problem out (it’s from the free practice tests) and then we’ll talk about it. Give yourself about 2 minutes (though it’s okay to stretch to 2.5 minutes on a CR as long as you are making progress.)

“Increases in the level of high-density lipoprotein (HDL) in the human bloodstream lower bloodstream cholesterol levels by increasing the body’s capacity to rid itself of excess cholesterol. Levels of HDL in the bloodstream of some individuals are significantly increased by a program of regular exercise and weight reduction.

“Which of the following can be correctly inferred from the statements above?

“(A) Individuals who are underweight do not run any risk of developing high levels of cholesterol in the bloodstream.

“(B) Individuals who do not exercise regularly have a high risk of developing high levels of cholesterol in the bloodstream late in life.

“(C) Exercise and weight reduction are the most effective methods of lowering bloodstream cholesterol levels in humans.

“(D) A program of regular exercise and weight reduction lowers cholesterol levels in the bloodstream of some individuals.

“(E) Only regular exercise is necessary to decrease cholesterol levels in the bloodstream of individuals of average weight.”

Got an answer? (If not, pick one anyway. Pretend it’s the real test and just make a guess.) Before we dive into the solution, let’s talk a little bit about what Inference questions are asking us to do.

Inference questions are sometimes also called Draw a Conclusion questions. I don’t like that title, though, because it can be misleading. Think about a typical CR argument: they usually include a conclusion that is…well…not a solid conclusion. There are holes in the argument, and then they ask you to Strengthen it or Weaken it or something like that.
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minLast time, we discussed two GMATPrep® problems that simultaneously tested statistics and the concept of maximizing or minimizing a value. The GMAT could ask you to maximize or minimize just about anything, so the latter skill crosses many topics. Learn how to handle the nuances on these statistics problems and you’ll learn how to handle any max/min problem they might throw at you.

Feel comfortable with the two problems from the first part of this article? Then let’s kick it up a notch! The problem below was written by us (Manhattan Prep) and it’s complicated—possibly harder than anything you’ll see on the real GMAT. This problem, then, is for those who are looking for a really high quant score—or who subscribe to the philosophy that mastery includes trying stuff that’s harder than what you might see on the real test, so that you’re ready for anything.

Ready? Here you go:

“Both the average (arithmetic mean) and the median of a set of 7 numbers equal 20. If the smallest number in the set is 5 less than half the largest number, what is the largest possible number in the set?

“(A) 40

“(B) 38

“(C) 33

“(D) 32

“(E) 30”

 

Out of the letters A through E, which one is your favorite?

You may be thinking, “Huh? What a weird question. I don’t have a favorite.”

I don’t have one in the real world either, but I do for the GMAT, and you should, too. When you get stuck, you’re going to need to be able to let go, guess, and move on. If you haven’t been able to narrow down the answers at all, then you’ll have to make a random guess—in which case, you want to have your favorite letter ready to go.

If you have to think about what your favorite letter is, then you don’t have one yet. Pick it right now.

I’m serious. I’m not going to continue until you pick your favorite letter. Got it?

From now on, when you realize that you’re lost and you need to let go, pick your favorite letter immediately and move on. Don’t even think about it.
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NYC-Audition-2

Manhattan Prep offers instructors flexible hours and great pay ($100/hour for all teaching and $116/hour for all tutoring). As a Manhattan Prep instructor, you will have autonomy in the classroom, but you will also be joining an incredibly talented and diverse network of people. We support our instructors by providing students, space, training, and an array of curricular resources.

Our regular instructor audition process, which consists of a series of videos and mini lessons, usually takes weeks, even months, to complete. Through this process we winnow an applicant pool of hundreds down to a few people each year.

We are offering a one-day event on March 1st for teachers interested in working with us. Candidates who attend will receive a decision that day. The event will take place at our company headquarters at 138 West 25th St., 7th Floor, in Manhattan, New York City.  It is open to candidates who live in the tri-state area, have taught before, and are experts in the GMAT, LSAT, or GRE.

The day will include several rounds of lessons, as well as other activities. Each round will be pass / fail. The day will begin at 10 am. It may last as late as 5:30 pm for those who make it through the final round. Candidates will need to prepare lessons for some rounds; we will send more detailed instructions to candidates when they sign up for the event.

To register, please email Rina at auditions@manhattanprep.com by Thursday, February 26. Please include in your email a resume including your teaching experience and a score report.

2-6-HabitsDistractions are bad. Routine, concentration, and hard work are good. These all seem like common-sense rules for studying, right? Surprisingly (for many people, at least), learning science tells us that these “good habits” may actually be hurting your learning process!

When you were in college, your study process probably looked something like this: for a given class, you’d attend a lecture each week, do the readings (or at least most of them), and maybe turn in an assignment or problem set. Then, at the end of the semester, you’d spend a week furiously cramming all of that information to prepare for the test.

Since this is the way you’ve always studied, it’s probably how you’re approaching the GMAT, too. But I have bad news: this is not an effective approach for the GMAT!

Taking notes then cramming the night before the test is beneficial for tests that ask you to recite knowledge: “what were the major consequences of the Hawley-Smoot tariff” or “explain Heisenberg’s uncertainty principle.” You can hold a lot of facts  -for a brief time – in your short-term memory when cramming. You memorize facts, you spit them out for the test… and then, if you’re like me, you find that you’ve forgotten half of what you memorized by the next semester.

Why the GMAT is Different

The GMAT doesn’t reward this style of studying because it’s not simply a test of facts or knowledge. The GMAT requires you to know a lot of rules, of course, but the main thing that it’s testing is your ability to apply those concepts to new problems, to adapt familiar patterns, and to use strategic decision-making. You’ll never see the same problem twice.

Shallow memorization is not nearly enough. You need deep conceptual understanding.

In How We Learn*, science writer Benedict Carey outlines decades of research about how this kind of learning happens. Many of the findings go against what you probably thought were “good” study habits.
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Boston

Manhattan Prep offers instructors flexible hours and great pay ($100/hour for all teaching and $116/hour for all tutoring). As a Manhattan Prep instructor, you will have autonomy in the classroom, but you will also be joining an incredibly talented and diverse network of people. We support our instructors by providing students, space, training, and an array of curricular resources.

Our regular instructor audition process, which consists of a series of videos and mini lessons, usually takes weeks, even months, to complete. Through this process we winnow an applicant pool of hundreds down to a few people each year.

We are offering a one-day event on March 8th for teachers interested in working with us. Candidates who attend will receive a decision that day. The event will take place at our Boston center at 140 Clarendon St., Main Fl (Back Bay), Boston, MA 02116.  It is open to candidates who live in the Boston area, have taught before, and are experts in the GMAT, LSAT, or GRE.

The day will include several rounds of lessons, as well as other activities. Each round will be pass / fail. The day will begin at 10:30 am. It may last as late as 5:30 pm for those who make it through the final round. Candidates will need to prepare lessons for some rounds; we will send more detailed instructions to candidates when they sign up for the event.

To register, please email Rina at auditions@manhattanprep.com by Thursday, March 5. Please include in your email a resume including your teaching experience and a score report.

The round three deadlines for business schools are right around the corner! Are you still working to hit your target GMAT score? Use the chart below to check the deadlines for the top 25 business schools, and evaluate whether you have enough time to prep and retake the official exam.

Looking for some guidance to maximize your study time? Our upcoming February GMAT Boot Camps are designed to prep you in just two weeks. Be prepared for intensive in-class work paired with hours of one-on-one coaching that will get you ready for the exam quickly, without sacrificing content knowledge.

We’re running a special promotion for our February Boot Camps only. Get $500 off with code CAMP500—but hurry, this promotion is only valid this month! There are still a few spots left in our upcoming boot camps (New York City and Live Online). Check out the full schedule and see all that’s included!

School Round 3 Deadline
Harvard University April 6, 2015
Stanford University April 1, 2015
University of Pennsylvania (Wharton) March 26, 2015
University of Chicago (Booth) April 7, 2015
Massachusetts Institute of Technology (Sloan) N/A
Northwestern University (Kellogg) April 1, 2015
University of California–Berkeley (Haas) March 11, 2015
Columbia University April 15, 2015
Dartmouth College (Tuck) April 1, 2015
New York University (Stern) March 15, 2015
University of Michigan–Ann Arbor (Ross) March 23, 2015
University of Virginia (Darden) April 1, 2015
Yale University April 23, 2015
Duke University (Fuqua) March 19, 2015
University of Texas–Austin (McCombs) March 24, 2015
University of California–Los Angeles (Anderson) April 15, 2015
Cornell University (Johnson) March 11, 2015
Carnegie Mellon University (Tepper) March 15, 2015
University of North Carolina–Chapel Hill (Kenan-Flager) March 13, 2015
Emory University (Goizueta) March 13, 2015
Indiana University–Bloomington (Kelley) March 01, 2015
Washington University in St. Louis (Olin) February 15, 2015 (Next: April 1)
Georgetown University (McDonough) April 1, 2015
University of Notre Dame (Mendoza) February 23, 2015
University of Washington (Foster) March 15, 2015