If you’re about to start studying for the GMAT, your life is going to undergo some temporary changes. Odds are, your professors, parents, and peers have already started giving you some study tips to coach you through the two to three months of recommended GMAT prep you’ll need.
You’ve probably thought about some of the adjustments you’re going to have to make to your schedule and your lifestyle: adding a study session every day, scaling back on social plans, lugging around books, and spending lots of time on your cell phone—not texting, but playing with a GMAT app.
Of course, prep is important, but staying focused and keeping healthy while studying for the GMAT is just as crucial. How much change to your everyday life is too much? Where do you draw the line?
Staying focused during your GMAT prep
Has this ever happened to you? You’re driving … Read full post
Future MBAs have a lot to keep track of when applying to business school, so we’re here to provide some straight talk on the issue of admissions rounds for business school—namely, whether applying in round one, round two, or round three is best for your particular strengths.
Many MBA admissions officers will tell candidates that if they can submit their applications in round one—or at least avoid round three—they should do so, the logic being that most of the spots in the class will be filled by strong applicants by the time round three comes along.
But there are no absolute rules for when to apply; it is dependent upon the strength of the business school candidate. Before applying, every candidate should think about which round is best for him or her as an individual. Inevitably, there are two common questions that crop up during the MBA admissions process…. Read full post
It’s never too early to start putting together your MBA application. While you’re gathering your materials, it’s a good time to take stock of your progress and determine your next steps. Where are you in the process now? Where would you like to be next week, next month? We’ve put together some tips to get you going!
Before you apply to business school
Start at the beginning with the bigger questions before focusing on specifics like taking the GMAT and writing your personal essay.
- Determined your business school application timeline and which round of admissions best fits your strengths?
- Selected the MBA programs you’re targeting?
- Figured out how you’ll finance your MBA?
- Prepared for the GMAT by taking the Kaplan 20-Minute Workout
Did you know that most business schools process MBA applications in rounds? What does that mean for you? Well, for most schools, it means that there are three separate application deadlines—or rounds—of processing. How does this play into your business school admissions strategy?
Round one: application deadlines in September—October
Round one sees some of the best MBA applications. Those who apply in the fall are often candidates with good grades, solid work experience, and high levels of organization in their activities. If you are a strong MBA candidate, it is probably a good idea to apply in round one. Submit in the earliest round possible provided you don’t compromise the quality of your application.
Not to suggest you should postpone the process unnecessarily, even if you are not the most well-rounded candidate. If your GMAT scores are above 600, the early deadline is the one for you. In … Read full post
Making time to effectively boost your GMAT skills can be challenging enough without the added headache of lugging a tower of books around with you every day. There are faster, easier, and less physically demanding ways to kick off your GMAT preparation.
Build your GMAT skills before Test Day: Download our free app!
Even if you’re new to Kaplan Test Prep, you can still get started by downloading the 50-card flashcard version of our GMAT app for free on Android and iPhone. Kaplan students, you can use your account login to access the full 500-card version—exclusive for Kaplan’s GMAT course students and registered purchasers of Kaplan’s GMAT Flashcards + App set.
These cards will help raise your score by improving your GMAT skills, and you can practice with them anytime, anywhere. Track your progress as you review the essential topics covered on the Quantitative, Verbal, Analytical Writing, and Integrated … Read full post
Megalomaniac; madman; murderer … not necessarily the type of character you want to brag about emulating—even if what you’re talking about is his singular work ethic and fervor for competition.
So when I say that Daniel Plainview—the role portrayed by Daniel Day Lewis in the 2007 Paul Thomas Anderson film, There Will be Blood—is the fictional character who best represents my work ethic in launching my own MBA consulting firm to help students secure spots in top MBA schools and programs, I am not referring to these massive character flaws.
In fact, I strive to embody traits that run counter to Plainview’s; I try to be deferential, ethical, calm, fair, and generous in my business dealings. And unlike Plainview, I do not view business as a zero-sum game. Like him, however, I try to be the most aggressive competitor I can be— tirelessly working to … Read full post
By Megan Weyrauch on September 9, 2013
It’s 3 a.m. and you’re still studying. Sweaty fingers turn the pages of your textbook as your heart tries to bust out of its chest-jail. In a daze, you scan the same dull paragraph four times before you realize that you aren’t actually reading the text. Your head is pounding and you cannot concentrate as you count down the final hours, minutes and then seconds until you need to be relaying your knowledge on paper.
You’re stressed from studying, buddy.
Stress is “a normal physical response to events that make you feel threatened or upset your balance in some way.” When you sense danger, your body goes into “fight-or-flight” reaction mode in order to protect you. This is great for … Read full post
If you’re considering going to business school, you should feel pretty great about your path to unlocking the good life. After all, the availability of MBA jobs is up across the board, and that includes startups and opportunities for entrepreneurs.
The usual suspects—consulting firms and big banks—are still hiring in droves, but a recent Bloomberg BusinessWeek analysis showed that startups lead the pack among organizations that recruit MBAs on business school campuses. In the summer of 2013, the University of Pennsylvania’s Wharton School reported that the number of its students working summer internships at startups rose 15 percent.
The shift toward the startup
This shift toward entrepreneurship is an interesting change, as business school students embrace the risks and potential rewards of startup companies. This shift is not without its critics. In a controversial article in the Wall Street Journal, noted academic … Read full post
If you’re looking for an answer to the question you’ve probably asked yourself a million times— why get an MBA? —you can add this to the list of responses: Because you’re likely to get hired!
The continued upward momentum of MBA holders in the global labor market is especially encouraging in light of the overall grim employment trends for bachelor’s degree holders and experienced direct-industry hires.
A new article posted by the Graduate Management Admission Council (GMAC)—the makers of the notorious b-school admissions test, the GMAT—outlines key findings in two complementary surveys posted in late May 2014: the 2014 Corporate Recruiters Survey and the 2014 Global Management Education Survey.
“More companies in all sectors and across the world plan to … Read full post
Why get an MBA? One of the major reasons is salary; an MBA puts you in a position to earn more. But in order to get the monetary benefits that stem from an MBA degree, you have to make an investment. The real question may be how to pay for an MBA. All of you future MBAs know that return on investment is everything, but you want to make a smart investment, especially if you are taking out a loan. Let’s examine the four types of loans that can help you secure that valuable MBA degree.
There is a definite hierarchy of the four available loan programs for an MBA degree. To reduce the cost of capital, apply to financial aid programs in the following order:
Federal Perkins loan
Federal Unsubsidized Stafford loan
Fixed-rate federal PLUS loans
Private student loan
Duke University’s School of Law provides an … Read full post