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I promised myself that I’d contribute back to the community so here is an overview of how I am studying for the GMAT.
I studied for the GMAT this past January-April and took the test shortly after. I only got a 600 - 39Q/33V? and I would say that my biggest mistake was spending too much time on quant theory and not enough time doing problems.
This is nothing earth shattering, but I hope it helps some people out there. I will do a debrief after I take the test early in 2013. Good luck everyone!
1. Take a MGMAT CAT.
2. Create a study plan to streamline your studies - use the MGMAT CAT to figure out your weak areas and deliberately spend more time on these.
3. Skim material that you already know. If you have a quantitative background, it might be sufficient to skim the chapters. I like to read the margins and end of chapter summaries in the MGMAT book. If I come across something that is fuzzy, I go back and read the chapter more thoroughly. If you have a liberal arts background and are strong in verbal, I’m sure this method would apply as well.
4. Error log – keep track of where you make a mistake, take too long, or just guess(even if you guessed correctly).
I took a MGMAT CAT without any prep and scored a dismal 460 23Q-30V. Yes, you read that right.
Here are my lessons learned from that experience:
1. Do not take the first CAT too seriously - it shouldn't hit your ego hard. You can improve, this is nothing mystical.
2. Timing is crucial - do not "hang on" to a problem. Each problem should take no longer than ~2 minutes. I thought that it would be better to get a consecutive set of quant problems correct than to finish the section. I didn't realize that I was being punished harshly for not completing the quant section until a very smart person pointed out the flaw in my strategy. Thank God for his advice.
I will post on this page as my score improves. Thank you for all of the great work BB!
Good luck! It seems you are struggling with the same things I struggle with - distractions. I found it helpful to be somewhere that internet is inaccessible (plane, woods, park, etc) and I can do a whole lot more work there than at home on the couch in front of the TV.
P.S. My most productive time is on the plane during business trips. _________________
1. Revisit my error log more often 2. Creating flashcards 3. Break down my errors like a slow motion play by play on ESPN
I feel as if I need to spend way more time analyzing my errors than doing the problems. I'm in the 90s-100s portion of the GMAC OG13 problems, am starting to get more and more problems wrong, and feel like I found my plateau.
When I started this new study plan I had the goal of doing, analyzing, and perfecting 30 quant and 30 verbal problems per week. As I move further into the book, I feel like this isn't sustainable.
I am a bit frustrated because I want to hit my target timeline.
To the wise and experienced:
How long do you think a student should spend analyzing his or her errors?
Should I take a step back and cover these lower level gaps or move on to higher level questions?
My gut is telling me that moving on might be futile if I don't fully understand the lower level questions. _________________
Final decisions are in: Berkeley: Denied with interview Tepper: Waitlisted with interview Rotman: Admitted with scholarship (withdrawn) Random French School: Admitted to MSc in Management with scholarship (...