Articles published in Business School

E-mail of the Day

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We get good news from students quite often, but this e-mail today reminded us of how great it is to do what we do here at Manhattan GMAT. Kudos to Jonathan Schneider, Kate McKeon, and Horacio Quiroga for their tremendous work in contributing to yet another success story!

Hi all.

It’s with a lot of emotion that I write this email to you all -because each of you were instrumental in me achieving a fair GMAT score. Kate your teaching was always on point, so much so that I watched the replays of class long after class was over. Jonathan your teaching style in addition to your extra help throughout class is greatly appreciated, and I’m in gratitude to your constant interaction with me up to the hours before my exam. Horacio you were always so willing to help out in any way you could, including occasionally going beyond our scheduled time, and sending me much needed review documents.

As Jonathan said a few weeks ago, my goal is to “fire on all cannons.”

With that said:

Quantitative: 43

Verbal: 44

Score: 710 (92nd percentile)

Bear in mind my absolute highest combination of scores seen in the last five CATs were Q42 and V37. My first official GMAT taken in February was a 590. My goal on Saturday was a 650, yet I was hoping to break 630 on that day. With your help guys, I’ve blown away even the wackiest of expectations, with a 120 point increase and a 710 score.

Thanks to Manhattan GMAT, I now have crossed the academic bridge to getting into business school, and can at the minimum be taken seriously by any school in the country. I’m quite emotional about the whole thing – and want you all to know that you and your team were instrumental in me achieving my goals.

Sincerely – thank you. The direction of the rest of my life is now a bit different thanks to your support and teaching. Feel free to use me as a reference at any point. And feel free to forward this email to any of your supervisors, bosses, direct reports, proteges, references, or whomever. Thanks again.

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Naveed A. Khan

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mbaMission events in NY, Chicago, Silicon Valley

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As application season just starts to get underway, Manhattan GMAT is proud to host mbaMission events in its New York, Chicago, and Silicon Valley centers this Thursday, May 14th.

This is your chance to talk to an expert and get your application off on the right foot. Admissions consultants from mbaMission (each with an MBA from Harvard or Chicago) will be answering such questions as:

* “What do B-Schools want to see from me?”
* “What can I do to improve my chances of getting in?”
* “What sort of GMAT score should I be aiming for?”

Each session will also include a Q & A to make sure you get your questions answered.

Click on your city for event details in NY, Chicago, or Silicon Valley. Space is limited.

If you’re not located in one of those cities, you should feel free to visit mbaMission’s website for a free consultation. They’re very helpful over there!

Business School Rankings

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US News and World Report recently released its latest b-school rankings, and the folks over at admissions consulting firm MBA Mission gave their take on the news here.

(To echo something in the MBA Mission post, it is far more important to make sure a school is right for you than it is to make sure that the school has a high ranking. Please don’t get all caught up in artificial rankings and then find yourself at the wrong school for you.)

If you want to go straight for the US News report, follow this link.

New GMAT in the works?

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Don’t worry. It isn’t launching until 2013(!), so if you’re planning to take the test before then, you don’t have to worry about any big changes the test writers decide to introduce.

If you are curious, though, click this link to a short mention of the news in The Economist. There isn’t much info – GMAC is obviously still in the early stages of developing their “Next Generation GMAT” – but there’s some interesting discussion on trends in business school admissions.

When do I take the GMAT?

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Many people who are considering applying to Business School in the future want to know when they should take the GMAT.

The first thing to know is that your GMAT Score is good for 5 years.  This means that you should feel free to prepare for the GMAT and take it when you have some time, NOT right before you’re gearing up to apply.  Indeed, many people would be very well-served taking the test during their senior year in college, as they’re still in an academic, test-taking mode at this point (and still vaguely remember, say, the formula for the area of a trapezoid).

At this point, you’re likely reading this blog posting thinking “Great, where were you 4 years ago when I was still in college?”  Don’t worry about it, as the average GMAT test-taker is in his or her mid-to-late 20s (70% from 22 -30).

The general principle is that you are best served taking the test when you have the bandwidth to fit it into your schedule.  Ideally, you’ll have your GMAT Score established before you gear up to complete your applications.  Indeed, your score may even change which MBA programs you apply to (for better or worse).  When app deadlines roll around, you’ll want to be worrying about honing your essays and arranging school visits – the last thing you want to have in mind at that point is getting a higher GMAT Score.

Another reason to take the GMAT early is that, if you’re determined to get a certain goal score, you’ll have a much better chance of doing so if you give yourself a runway.  The correlation between time spent studying and one’s score is consistently positive – the average person spends 2 – 3 months preparing for the GMAT.  Indeed, the average score increase for someone who takes the test a 2nd time is 31 points (according to data from GMAC).  As you can only take the GMAT once per month, you’d like to give yourself time for multiple tries if necessary before any deadline creeps up.

Now you may be thinking, “Wait a minute, I can take this test more than once?”  That’s right, Business Schools take your best score, not your average score.  So there’s really not much of a disincentive to take the GMAT multiple times, aside from your time (and the $250 per sitting it will cost you).  This has its limits though – Harvard Business School, for example, told us that by the 5th try, they tend to discount your score a little bit.  So try and get your best score possible within your 1st four tries or so.

Bottom line – wait until you have some time on your hands, but generally the sooner you prepare and get your test score out of the way, the better off you’ll be (unless you’re not going to apply within the next 5 years, and then you really have better things to be reading than this blog!).