Late last year, we were fortunate enough to host an Admissions panel with Admissions Officers from 3 of the top MBA programs in the world: Wharton, NYU, and Columbia, represented by Ainsley Parker, Alison Goggin, and Victoria Hess, respectively.
GMAT Strategies for the Math-Challenged
by Chris Ryan, Director of Instructor and Product Development, ManhattanGMAT
The thought of algebra gives you hives. You’d rather discuss any topic but prime numbers. And you bitterly wonder why geometry is tested on the GMAT “ the Graduate Management Admissions Test, after all. It’s not like you want to be an architect.
Well, the GMAT is what it is: a hoop to jump through for business school. Whether knowing rate times time equals distance translates to academic and financial victory (or not!) is a moot question. You want to get an MBA. And crouching between you and that degree is the giant spider of middle- and high-school math.
You’re not alone. Many other b-school candidates share your apprehension. But in order to beat the GMAT, you’re going to have to revisit some math skills that you likely haven’t had to use in 5 “ 10 years.
What are math skills? There are three types, all tied together:
A front-page article featuring the founder of ManhattanGMAT in Today’s New York Times:
Would six-figure salaries attract better teachers?
A New York City charter school set to open in 2009 in Washington Heights will test one of the most fundamental questions in education: Whether significantly higher pay for teachers is the key to improving schools.
The school, which will run from fifth to eighth grades, is promising to pay teachers $125,000, plus a potential bonus based on schoolwide performance. That is nearly twice as much as the average New York City public school teacher earns, roughly two and a half times the national average teacher salary and higher than the base salary of all but the most senior teachers in the most generous districts nationwide.
While the monetary rewards of business school can be tremendous, oftentimes the cost to get there can be great (and we don’t just mean the emotional trauma of grueling work). However, for those applicants looking to ease the financial burden of b-school, look no further. Without further adieu, we present to you the Beat the GMAT Scholarship:
ManhattanGMAT is proud to announce that we will co-sponsoring the annual Beat the GMAT scholarship once again this year!
Beat The GMAT is an MBA discussion community dedicated to helping business school candidates achieve their full potential on the GMAT and in the b-school admissions process by connecting them with the best resources available. To this end, Beat the GMAT has teamed up with ManhattanGMAT and Stacy Blackman Consulting to provide scholarships for the third year in a row. The 2008 program will provide over $15,000 worth of prizes to 5 deserving individuals. Prizes include GMAT registration subsidies courtesy of Beat the GMAT, admissions consulting services provided by Stacey Blackman Consulting, and free enrollment in a 9-week ManhattanGMAT prep course.
It is the hope of Beat the GMAT and our sponsors that the scholarships will make a profound impact on the lives of five deserving individuals, said Eric Bahn, founder of Beat the GMAT.
Applications are due May 1, 2008, and winners will be announced May 22. To be eligible for the scholarship, applicants must meet the following requirements:
¢ Finished college, or in final year of college
¢ Plans to redeem awards in the next 12 months
¢ Has a PayPal account to receive cash prizes
For further details on how to apply, visit //www.beatthegmat.com/scholarship.html.
Jeremy Shinewald, Founder of mbaMission is back this week with part two of his article about the challenges this year’s crop of applicants face while applying to business school:
Long-Term Planning: The Details
By: Jeremy Shinewald of mbaMission
Last week, in Part One of this two-part series on long-term planning, we focused on big-picture issues ” identifying macro ways to significantly bolster your profile on your way to becoming a more competitive candidate next year. Today, we look at pragmatic and practical steps that you can take to ensure that you will have the time needed to put your best foot forward. In some ways, these are micro tips for the uber-motivated ” those who leave absolutely nothing to chance.
With some foresight and planning, you can ensure that when the essay questions come out in early July, you will be able to focus solely on them and reduce the noise around you. In last week’s piece, we discussed visiting schools now, a step that will not only show your commitment, but that will also free up significant time in September. Another simple step that many can take is to prepare a resume now and then make small modifications and updates regarding your most recent position in October, during the latest stages of the application process. By preparing your resume now, you will save precious hours that would otherwise be spent crafting your resume during a much busier summer. Further, an added benefit is that you will start the process of reflecting on your accomplishments and reawakening yourself to certain experiences now as well. In many ways, preparing your resume now will be a primer for your essay brainstorming process, which will be the foundation for your essays.
Presented from our friends at Accepted.com.
Where Should You Apply?You know you want an MBA. And you know you want to go to a top school. That’s why you have invested in Manhattan GMAT’s top GMAT program. But once you earn that excellent score, what’s next? You have to decide where to apply, and there are at least fifteen schools in the top 10! How to choose?
You have a major decision to make: Where do you want to spend two years and roughly $100,000 while earning your MBA, accelerating your career progression, and hooking into a professional network that will last a lifetime. How should you choose? What criteria should guide you?
Since the MBA is a professional degree, first look at career opportunities and recruiting. How is recruiting in your area of interest at your target schools? What percentage of graduates entered the field you want to go into? How strong are the schools’ ties to the region you would like to live in, if you have a geographic preference? Do the companies you would like to work for recruit at these schools? Is the student body happy with the Career Services Center? What do recruiters think of your school? Study the schools’ web sites, review data (not the raw ranking) at US News, BusinessWeek and the Wall St. Journal, attend school receptions and MBA tours, and contact students and recent alumni to obtain answers to these questions.