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740(Q-49,V-42)- Took it late but better safe than sorry!

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740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 05 Jan 2013, 23:13
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Today I took the GMAT at their NYC test center and got a 740. Stern,IMD,Darden and Stanford are the only schools I can apply to because I've missed the deadlines of a couple of other schools on my target. Although I am on a tight schedule as the deadlines of these schools is quite close but now after getting done with the GMAT successfully, I think that I'll be able to manage the applications also.

My profile :
Male with Finance Majors from University of Texas,Austin with 4 years of experience working on the East coast in financial consulting. Want to move to a hedge fund and MBA is almost a pre requisite for making this transition happen.

Prep Timeline:
I kicked off my prep quite late(mid October to be precise) and had taken a Dec 20th appointment within a few days of starting my prep. Come December first week and I realized that I'm not prepared for 20th Dec. I thought that I'd take a risk and give it a go but some friends at business schools suggested otherwise. They said that screwing my test meant that I'd have to wait for one more month,by when the R2 deadlines of all schools would be closed.
So it's better that I be a bit late than be sorry for 1 year so rescheduled the test for 5th Jan. Though that did mean that I'd not be able to apply to a couple of schools I wanted to but still would be left with some schools.


Prep Strategy:

My job involves a lot of traveling and it wasn't possible for me to enroll in a prep program so I had to manage my prep on my own. The GMAT forums proved very instrumental in helping me ride solo. Read a lot of success stories and followed the advices of the experts. Based on the advices here, used the following resources
Quant-Manhattan Strategy Guides
Verbal-Aristotle Grail series.

Although since i had a focus on accounting during my undergrad, still I had gotten quite rusty and ManhattanGMAT books came in handy for helping my sharpen my math skills.
My advice to the native speakers is to not take Verbal lightly. True we do have an advantage but still you still need to put those hours in Verbal. It'd become an easy ride if you are able to identify question types and errors easily and the next time you see them being tested on a question, you'd tackle the questions much confidently thinking"ahh! there it goes..". I loved the Aristotle Verbal books especially their SC Grail 3rd edition. Due to paucity of time, could only go through half of the RC Grail but the book is great too

Practice test scores :
I relied only on MGMAT and GMATPREP practice tests. I have heard good things about Kaplan's 8 practice tests but didn't have time to go through them.
These were my practice test scores:
GMATPREP#1 : 710-1 month before the test
MGMAT #1 : 680- 3 weeks before the test
MGMAT 2 : 720 - 2 weeks before the test

In the fortnight leading to the test, I took a break from work and took 7 tests in all-1 each day.
I think what you gain from doing a lot of tests is that you develop that patience to sit for 4 hours straight which is quite difficult. My iphone has made me all the more restless person as checking it every 10 minutes has become a habit(that I need to get rid of) so sitting for 4 hours taking the test was indeed testing the limit of your patience.


Test Day Experience:
I reached the test center well on time. The center staff was courteous.
Started with AWA and could easily spot 2-3 flaws in the prompt.IR went smoothly too. Faced a bit of trouble on Quant around 24-28th questions. There were a couple of inequalities DS questions. I hadn't touched Permutations and combinations during my prep so when I got two of these questions,
I just read the question quickly(to decide whether they are solvable or not) and then took a few seconds making an educated guess and moved on.

The ride in Verbal was a bit bumpy too mostly because I was running behind time. Contrary to what I had thought, the CR on the GMAT was quite manageable and I thankfully didn't get stuck deciding between the last two options after having eliminated 3 choices.
SC questions were like islands of pleasure after the tiring RCs. I think that SC Grail had prepared me quite well so I was actually looking forward to them during the test.

After finishing the verbal section, my heart was literally about to jump out in anxiety while waiting for the score to flash on the screen. I almost jumped out of seat seeing the score. Thanked Jesus for letting me finish the battle in the first go itself.

I've now a very tough task ahead of myself as the deadline of Darden is just 4 days away so I better spend the next few days sleepless. Thank you very much for having these great GMAT forums which have the most helpful people in the world!
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 19 Jan 2013, 06:34
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There's a grain of truth to the idea that Columbia fills its spots earlier than other programs, but I think it's going way too far to say that you shouldn't apply to Columbia during their equivalent of round 2.

Columbia's "binding" early decision program is basically a yield management tool for them. An overwhelming majority of early decision admits will ultimately choose to attend Columbia, partly because they've agreed to pay a non-refundable $6000 deposit if they're accepted. Because of the early decision round, isn't a surprise that Columbia's yield (the percentage of accepted students who choose to attend Columbia) is a little bit higher than other schools in its weight class: http://poetsandquants.com/2012/01/17/th ... n-rates/2/

But I don't think that Columbia's admissions standards are all that different from those of other programs. Just like any other MBA program, Columbia does its absolute best to attract the most brilliant MBA students it can possibly find. The adcom isn't going to admit crappy students just because they applied early decision, and they aren't going to reject strong applicants in January. Sure, early decision gives you a slight advantage if you're otherwise a borderline candidate, but Columbia isn't completely overstuffing its class in the fall, only to be left with no spots in January.

If you're a strong candidate, you'll still have a perfectly good shot at Columbia if you apply with the rest of the early January herd. It could be true that applying toward the end of January (several weeks after other b-schools' round 2 deadlines) hurts your chances somewhat, but even Columbia accepts a handful of students in March and April every year. So it's not all that different than anywhere else: if you're awesome, you'll get in during Columbia's rough equivalent of round 2. And if you're not awesome, you still won't get in during the early decision round. :|
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 16 Jan 2013, 08:47
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Sachin9 wrote:

I have not been able to go beyond 33 inVerbal in my mocks..What do you feel is the best way to tackle verbal..

I had also stagnated in verbal and i think what worked for me is that i really went through those topics again from which i would get most questions wrong in a practice test.. When you go through the same concept again, you are able to internalize it better
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 19 Jan 2013, 07:45
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GMAT Ninja, You are welcome addition to GMAT Club with your contrarian yet true views.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 06 Jan 2013, 01:12
What were your scores in the other mgmat tests ? I have taken two and have gotten 45 and 46 on their quant section..Not happy with my performance at all.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 07 Jan 2013, 10:50
Congratulations!


FredT wrote:
What were your scores in the other mgmat tests ? I have taken two and have gotten 45 and 46 on their quant section..Not happy with my performance at all.


MGMAT quant is harder than the actual GMAT's quant. Have you taken GMATPrep yet?
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 07 Jan 2013, 19:43
Congratulations on the great score! You deserve bonus points for not panicking in December--far too many people panic and take the test before they're really ready. Nice work, sir.

Just some food for thought: you'll still have time to submit applications to Columbia (rolling admissions) and Cornell (January 30) if those programs are appealing at all. I'm guessing that you already discarded them for one reason or another, but figured that it might be worth mentioning that their deadlines are friendly to late GMAT-takers.

Congratulations again, and good luck with your applications!
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 08 Jan 2013, 21:28
Congratulations on the great score! You deserve bonus points for not panicking in December--far too many people panic and take the test before they're really ready. Nice work, sir.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 11 Jan 2013, 09:25
FredT wrote:
What were your scores in the other mgmat tests ? I have taken two and have gotten 45 and 46 on their quant section..Not happy with my performance at all.


In my last 2 mgmat cats, i have not been able to go past 44 in Q. However, I got a 47 on GmatPrep Q today. This explains the difference.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 11 Jan 2013, 09:26
congrats mate! you a native or a non native?

I have not been able to go beyond 33 inVerbal in my mocks..What do you feel is the best way to tackle verbal..
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 12 Jan 2013, 22:57
Congrats on the great score. I had a question regarding the 125 question set at the end of the sc grail 3rd edition...did you those questions topicwise or did you do them sequentially ?
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 13 Jan 2013, 11:19
Sachin9 wrote:
FredT wrote:
What were your scores in the other mgmat tests ? I have taken two and have gotten 45 and 46 on their quant section..Not happy with my performance at all.


In my last 2 mgmat cats, i have not been able to go past 44 in Q. However, I got a 47 on GmatPrep Q today. This explains the difference.


Do you happen to know exactly how many more questions you got wrong on the mgmat mock, if any?
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 13 Jan 2013, 19:19
Quote:

Do you happen to know exactly how many more questions you got wrong on the mgmat mock, if any?


Well I don't remember right now. more than 12 I guess.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 14 Jan 2013, 02:10
That sounds about right; thanks, mate.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 16 Jan 2013, 09:56
great score and good luck with the applications
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 16 Jan 2013, 10:16
GMATNinja wrote:
Congratulations on the great score! You deserve bonus points for not panicking in December--far too many people panic and take the test before they're really ready. Nice work, sir.

Just some food for thought: you'll still have time to submit applications to Columbia (rolling admissions) and Cornell (January 30) if those programs are appealing at all. I'm guessing that you already discarded them for one reason or another, but figured that it might be worth mentioning that their deadlines are friendly to late GMAT-takers.

Congratulations again, and good luck with your applications!


GMATNinja,

Thought Columbia spots are first to get occupied since they are rolling admission. Some even suggest not applying to Columbia in R2.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 19 Jan 2013, 02:19
AbhiJ wrote:

GMATNinja,

Thought Columbia spots are first to get occupied since they are rolling admission. Some even suggest not applying to Columbia in R2.


Yeah columbia has an early decision round..That means that if you get an admit in that round, you will have to foresake any other admit and will have to necessarily attend Columbia MBA
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 19 Jan 2013, 09:06
Thank you, AbhiJ! "Contrarian but true" is a massive compliment in my book. Much appreciated.
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 24 Jan 2013, 22:08
GMATNinja wrote:
There's a grain of truth to the idea that Columbia fills its spots earlier than other programs, but I think it's going way too far to say that you shouldn't apply to Columbia during their equivalent of round 2.

Columbia's "binding" early decision program is basically a yield management tool for them. An overwhelming majority of early decision admits will ultimately choose to attend Columbia, partly because they've agreed to pay a non-refundable $6000 deposit if they're accepted. Because of the early decision round, isn't a surprise that Columbia's yield (the percentage of accepted students who choose to attend Columbia) is a little bit higher than other schools in its weight class: http://poetsandquants.com/2012/01/17/th ... n-rates/2/

But I don't think that Columbia's admissions standards are all that different from those of other programs. Just like any other MBA program, Columbia does its absolute best to attract the most brilliant MBA students it can possibly find. The adcom isn't going to admit crappy students just because they applied early decision, and they aren't going to reject strong applicants in January. Sure, early decision gives you a slight advantage if you're otherwise a borderline candidate, but Columbia isn't completely overstuffing its class in the fall, only to be left with no spots in January.

If you're a strong candidate, you'll still have a perfectly good shot at Columbia if you apply with the rest of the early January herd. It could be true that applying toward the end of January (several weeks after other b-schools' round 2 deadlines) hurts your chances somewhat, but even Columbia accepts a handful of students in March and April every year. So it's not all that different than anywhere else: if you're awesome, you'll get in during Columbia's rough equivalent of round 2. And if you're not awesome, you still won't get in during the early decision round. :|

Very insightful.. What you said makes sense- if you are not awesome, you still won't get in during the early decision round..
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry! [#permalink] New post 25 Jan 2013, 05:49
hi vikinggmat
congrats on the great score. .

How was IR in comparison to the one in Manhattan CATs?

I find IR very time consuming on Manhattan CATs and I have never been able to complete the section in these tests. Couldn't go beyond the score of 1.7 so far..

Is IR really tough on teh gmat or is it manageable?
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Re: 740(Q-49,V-42)- Took it late but better safe than sorry!   [#permalink] 25 Jan 2013, 05:49
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