Great news for Kaplan students: we’ve collaborated with Amazon to bring the first GMAT course ebook directly to students enrolled in Kaplan courses using the Kindle reading apps and Kindle Fire tablets. This makes our GMAT course the first Kindle-compatible Kaplan course available for aspiring business school students. Kaplan GMAT students will have the ability to study across multiple devices—Kindle Fire and Android tablets, iPads, PCs and Macs—and take advantage of features such as note taking, highlighting, tracking progress, word look up, searching and syncing.
“Until recently, the adoption of tablets and eBooks for studying has lagged the adoption of eBooks for leisure reading, because studying involves engagement with the book through highlighting, note-taking and other tactile actions,” said Lee Weiss, Executive Director of Emerging Products, Kaplan Test Prep. “But as these functions became more user-friendly in eBook form and device ownership continues to grow, we’re now seeing a demand … Read full post
When assessing business school and an MBA, the ‘Money Issue’ is nothing if not multi-faceted. Since graduate degrees are an investment, like any other investment, there is up front cost. Some are fortunate enough to not have to secure student loans to help pay for graduate school, but most, unfortunately, do need this type of financial assistance. So, how do you pay for business school once you’re in?
Last year, I wrote about a proclamation made by the student loan ombudsman at the Consumer Finance Protection Bureau (CFPB), Rohit Chopra. Mr. Chopra declared the student loan system in the United States economy as ‘too big to fail.’ The student loan debt market, comprised of public and private lenders, shot past $1 trillion in early 2013 and continues its relentless climb.
It is a wonderful thing to not have to take on debt in order to pursue a graduate … Read full post
Mean GMAT scores are influenced by all sorts of factors and are, of course, derived from compiling scores significantly above, significantly below, and all points in between a plotted average. Plus, it is certainly worth noting the vast differences in the individual human beings that are submitting these scores. These folks undeniably come from extremely different educational histories and socio-economic statuses. Each person decides on his or her own level of preparation in order to achieve wildly different target scores relevant to wildly different admissions criteria. And the list of mitigating factors goes on and on. Nonetheless, comparing arithmetic mean GMAT scores from nation to nation tells an interesting if not complete story and raises at least a few novel questions.
The U.S. has long been criticized for an educational system that appears to be less than it ought to be considering the wealth of the nation. Arguably, the most … Read full post
Do you know what your GMAT score goal should be? Do you know how to figure that out? Look, you need a target score and I need you to set it. Here’s how:
- Do some research. Compile a list of all the programs you’d like to attend. Be thorough in your research and clearly identify why you would like to attend each institution that makes it onto your list.
- Find out what the average GMAT score is for admitted students to each of your listed programs. If, for some reason, you cannot find that information online, call the admissions office and ask.
- Take the highest score and make it higher. Add on twenty points or so and set that as your target score. Remember, an average is comprised of scores that are higher and lower than the mean presented. You want to be on the top side of that
The Graduate Management Admission Test (GMAT) is probably unlike any test you’ve ever taken in your academic career. The GMAT is a computer-adaptive test designed to provide a common yardstick by which business school admissions committees can measure applicants and their ability to succeed in their M.B.A. programs.
The test consists of three sections and is scored on a range between 200 and 800.
Your GMAT Score
GMAT scores are used by business schools to provide a common yardstick to compare candidates for admission. On the GMAT, you will actually receive four scores:
- A total score, ranging from 200-800
- A math subscore, ranging from 0-60
- A verbal subscore, ranging from 0-60
- A score for your AWA, ranging from 0-6
- An Integrated Reasoning subscore, ranging from 1-8
Your Percentile Rank
Each of the above scores will be accompanied by a percentile rank. The percentile rank highlights what proportion of test takers … Read full post
In the Information Age, having access to all that data can almost be worse than not having any at all. Information aggregators can be enormously valuable in terms of time and headaches saved. Tools that take loads of data and allow is to filter that information in various ways are always nice to find so let us be the first to point you to GMAC’s School Finder.
There are SO MANY business schools. On December 5, GMAC announced launch of a free tool to help all prospective b-schoolers make more informed decisions about where to apply and why. The tool is prominently featured and super easy to find on MBA.com. And, what’s more, it is free.
School Finder is a database of information on 5,674 schools as of press time. Search parameters include school name, location, program degree, program type, delivery format (classroom or online), program length, … Read full post
The process of applying to business school is scary, daunting, and exposing. It not only forces significant introspection, but it also demands promulgation of the findings. Then, once those findings have been packaged and delivered according to the requirements of the application package, there is a high likelihood of receiving at least one if not several rejection letters.
Even along the way, aspirants can come up against obstacles that prove insurmountable. For example, a great number of my students target high-profile business schools where the average GMAT score is at, near, or well above 700. These ambitious, intelligent, educated, and experienced individuals believe that they will be able to earn such a score with modest time and effort. Yet, what becomes clear to all who challenge the GMAT is that such scores are not nearly as easily obtained as once thought. In fact, some must face the harsh reality that … Read full post
I am currently working with several students who are interested in online MBA programs. Each has his or her own reasons for taking this track to an MBA degree, but they all generally share an appreciation for the flexibility of working through the curriculum that will ultimately get them to that degree. All have also expressed similar concerns about feeling isolated and trepidation over the reality of distance learning over the long term. Still, after weighing the externalities, they are happy with the decision to take the online route.
Comparatively, these folks are in a small minority of the GMAT test preppers I deal with on a daily basis. Most of my clients are interested in traditional full- or part-time MBA programs at established brick-and-mortar universities. Despite barreling mercilessly into a tech-filled future, everyone initially holds a view of education that is essentially the same: you go to … Read full post
Would you like to know what business school admissions officers from top schools like Harvard, Mercer, Rice, and Northwestern really care about when they consider your application? We surveyed top schools so that we can share their insights with you!
Check out streaming video of our Business School Tell All to get answers to these (and more!) questions:
- What’s the most important admissions factor?
- What’s the biggest application killer?
- Are potential business schools watching you on social media?
- Are schools accepting the GRE as well as the GMAT?
- Does your Integrated Reasoning score matter?
Everything is big in Texas, including the University of Texas at Austin and the McCombs School of Business. Big resources, big options, and a big future await you there, so read on ahead and learn about the school that might just be your future home for the next few years.
- The Class of 2014 has 235 students.
- Specialties include accounting, entrepreneurship, information systems, finance, marketing, part-time MBA, and production/operations programs.
- Tuition comes to $33,298 per year for in-state students and $48,832 for out-of-state and international students.
- The mean base salary for the MBA Class of 2012 was $105,112.
- 93% of 2010 graduates had job offers within three months of graduating.
- The most popular industry was consulting for the Class of 2012.
- The average GPA and GMAT scores were 3.43 and 693, respectively.
Stretching is Important
Why do people love buffets? It’s because of the options, the freedom. … Read full post