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Benefits of being a GMAT Tutor/Teacher

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Re: Benefits of being a GMAT Tutor/Teacher [#permalink] New post 10 Sep 2008, 14:13
The question on the thread was about benefits of being a GMAT teacher, who better to reply than actual GMAT teachers! Of course we're going to be "insiders". I am also speaking generally of love for GMAT teaching. My experience comes from Kaplan, so that is what I can provide more insight on, but my statements about why teach are general-- the rewarding opportunity to teach and help students, plus make some money while doing it. That applies to any company you might work for.

Since there are continued questions about pay though I would need to point out, as a current GMAT teacher, that I have an MBA and am perfectly content with my teaching pay. Kaplan does not have a standard rate, and many teachers do make what other companies talk about, up to $100/hr, and it's not limited, it's based on your experience and student feedback. That policy may be different from past years. Obviously as someone who is doing it, I wouldn't speak up about enjoying it if I wasn't satisfied with the financial incentive component. However that said, I would say that most teachers I know are less focused on the $$, and most focused on their enjoyment of teaching.

-One who truly loves teaching and encourages all to try it (no matter what company you teach for!!)
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Re: Benefits of being a GMAT Tutor/Teacher [#permalink] New post 10 Sep 2008, 16:09
I was referring specifically to your Kaplan-love rather than GMAT teaching-love in general.

I don't think people who really love teaching generally work for "companies", nor do they probably get all that much out of teaching test preparation, but maybe I'm wrong.

But your point remains, it can be a way to earn some extra cash (albeit not very much at Kaplan) doing something that is more rewarding than waiting tables.
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Re: Benefits of being a GMAT Tutor/Teacher [#permalink] New post 13 Sep 2008, 19:03
Cougar - I think the first paragraph was about teaching in general, and the disclosure of teaching for Kaplan GMAT was for credibility that the post is written from someone that is/was ACTUALLY a tutor/instructor. The second paragraph is certainly pro-kaplan. My question was intended more as a general question of GMAT teaching in general; however, I did wonder about MGMAT. It seems that MGMAT requires their instructors to have an MBA from a top school. If a teacher at MGMAT can get a even a part-time load, like paid for 30 hours a week at $100 / hr, that's $3k a week, $150k a year. Not bad starting pay considering 30 hours of class time for someone like this should be about a total of 50 hours a week. 50 hrs a week total time spent for $150k a year job is really good. My only thing is that getting the top-level MBA doesn't really make sense for my particular situation.

I like Kaplan in general. In my honest opinion, it's better for test takers to use multiple sources of study material. Kaplan + MGMAT + OG + GMATClub + PowerScore CR Bible, etc. This gives the test taker multiple viewpoints from which to approach the exam. I wonder why Kaplan pays their tutors so little. I guess it is the fact that Kaplan doesn't charge as much for their services as other places. It is certainly a trade off. If they paid $50 / hr they'd certainly have to charge more of their students, but then their students should/could also expect more from their instructors. Kaplan wouldn't be able to have as mnay students because fewer students would pay the prices required of $50/hr instructors which shows why MGMAT has so few offices. They're not going to get enough students in some of the smaller cities, where Kaplan charges less will get a higher number of students in smaller locations because they charge less. But again, it's a trade-off. The instructors might not be as good because the expectations can't be as high if they're only paying $15-$20 / hr. MGMAT can require an MBA from a top-level school if they start out paying $100/hr.

As an attorney, I'm definitely in this for more than just the money because I can make more than $15 - $20 / hr by picking up a few family law cases or preparing some wills for people aside from my full time job. I enjoy teaching and going the extra mile to help someone understand a concept or become better prepared for the GMAT which I believe is evident when people read my explanations to some of the questions on here.

Thank you to all that have responded to this question. I "passed" the audition stage and have the interview stage for Kaplan this week. I'll keep everyone informed as to how it goes and what my decision is if offered a position.

jkedro wrote:
I've been a Kaplan GMAT teacher for over 6 years, and I absolutely love it. I was surprised at how much I enjoyed teaching when I first began, and it is extremely rewarding to make a difference in students' lives. May sound cliche, but you do get to see people improve and succeed and they are often really appreciative, which is what keeps many of us coming back for more. I have taught in Miami, London, and NYC, and know a lot of teachers who just really honestly enjoy it. They are often working full time jobs as well, many with MBAs at great companies, but want to do this because they enjoy the interaction with students, as well as have the opportunity to make some extra cash.

There are lots of opportunities at Kaplan, and given the 160+ cities in the US where there are centers, plus locations all around the world, it's great to have the flexibility of taking the job with you if desired. Pay may start lower than some other companies in some instances, but it varies greatly based upon your experience, location, and credentials. We also have a great program in which you are rewarded with pay increases based on experience and student survey feedback, so there is opportunity to make it very worth it financially. Training is paid.

If you have any other questions I'd be happy to answer them! Good luck whatever you decide.

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Re: Benefits of being a GMAT Tutor/Teacher [#permalink] New post 13 Sep 2008, 20:46
Best of luck J Allen Morris .. Although I have yet to score high enough on the GMAT, to think of being a GMAT instructor, I did teach undergraduate classes for a short time , 3 years back, and it wasnt really for the money initially.

Teaching really brings with itself a lot of satisfaction. When you see a smile on your students faces, when they learn a difficult concept that they didnt understand earlier, it gives you a lot of happiness and there is a lot of pride in it...

But it would be best to do only if you have no other commitments in your free hours, otherwise you cant really put your best in teaching classes . I mean incase you were applying this year than its absoultely unneccessary as that time can be put to better use towards your apps. Reg the monetary aspect, I think it counts , although not initially. After a while, incase your married, and you can give that time to your family, that your currently giving to teaching you may question if what your doing is really worth it....

I say this from personal experience.. My PMP instructor , is a Senior Manager for one of the leading companies here , and he started offering PM training initally for his love for the subject and training.
He tied with a leading institute too , although he was a fabulous instructor, he stopped teaching after he taught 5 batches, as he was unable to give time to his family, and after a while , as he was already earning extremely well at work, he didnt really find it worth it...
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Re: Benefits of being a GMAT Tutor/Teacher [#permalink] New post 27 Nov 2010, 01:15
I have taken on a position at Kaplan on top of my current job. I find it extremely rewarding. I feel that there is no better way to show AdComs that I'm truly passionate about something, doing it for free or for few dollars. Maybe I'm wrong?

By the way, Kaplan bought up MGMAT at the beg. of this year and now has started implementing quite a bit of similar material in their classes. Was very very pleased to see that, this has made my life as an instructor a bit easier. Like most of you, I used MGMAT materials when I self studied.

The initial questions the poster asked never got answered. I'd also like to know whether business schools or employers post-MBA could see teaching GMAT courses as a bonus.
--> See I'd like to get into consulting after an MBA. I'm very devoted to helping others and figure consulting (aside from the crazy work) would be very satisfying. I do public speaking at the high school and university level such as at leadership conferences and at young professional associations. I figured teaching would help me continue to develop my presentation skills and soft skills. Am I wrong to think this? Once again this is not my main job, I'm still practicing engineering.
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Re: Benefits of being a GMAT Tutor/Teacher [#permalink] New post 11 Jan 2013, 17:25
cougarblue wrote:
jkedro wrote:
I've been a Kaplan GMAT teacher for over 6 years, and I absolutely love it. I was surprised at how much I enjoyed teaching when I first began, and it is extremely rewarding to make a difference in students' lives. May sound cliche, but you do get to see people improve and succeed and they are often really appreciative, which is what keeps many of us coming back for more. I have taught in Miami, London, and NYC, and know a lot of teachers who just really honestly enjoy it. They are often working full time jobs as well, many with MBAs at great companies, but want to do this because they enjoy the interaction with students, as well as have the opportunity to make some extra cash.

There are lots of opportunities at Kaplan, and given the 160+ cities in the US where there are centers, plus locations all around the world, it's great to have the flexibility of taking the job with you if desired. Pay may start lower than some other companies in some instances, but it varies greatly based upon your experience, location, and credentials. We also have a great program in which you are rewarded with pay increases based on experience and student survey feedback, so there is opportunity to make it very worth it financially. Training is paid.

If you have any other questions I'd be happy to answer them! Good luck whatever you decide.


First post is unabashed love from a company insider...hmmm. Anyway, the pay at Kaplan is good if you are earning student wages, otherwise it's crappy. Both my brother and I taught for them (SAT, ACT, LSAT, GMAT)--we were both college age at the time.


how much do they pay per hour in average ? and Princeton Review do they more than Kaplan ?
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Re: Benefits of being a GMAT Tutor/Teacher [#permalink] New post 11 Jan 2013, 17:31
Expert's post
The best pay is with mgmat and Veritas. $100 per hour.

Others are quite a bit less, around $30-$40.

Princeton review just got purchased by private equity. So maybe improving or maybe cutting costs. Not clear yet.
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Re: Benefits of being a GMAT Tutor/Teacher   [#permalink] 11 Jan 2013, 17:31
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