Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 27 Aug 2016, 03:41

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# GMAT Myths -- from GMAC Conference

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
CEO
Joined: 15 Aug 2003
Posts: 3460
Followers: 68

Kudos [?]: 831 [5] , given: 781

GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

09 Nov 2007, 15:41
5
KUDOS
3
This post was
BOOKMARKED
GMAC Conference Notes - Also see attached Powerpoint presentation.

• MYTH - If I don't score in the 90th Percentile, I won’t get into any school I choose.

o Reality – Very few people get super high scores. Less than 50 of the 200,000 people who take the GMAT exam each year get a perfect score of 800. Thus while you may be exceptionally capable, the odds are against you achieving a perfect score. Also the GMAT is just one piece of your application packet. Admissions officers use GMAT scores in conjunction with undergraduate record, application essays, interviews, letters of recommendation, and other information when deciding who to accept into their programs.

• MYTH – Getting an easier question means I answered the last one wrong.

o Reality – Not necessarily. To assure that everyone receives the same content, the test selects a specific number of questions of each type. The test may call for your next question to be a relatively hard problem-solving item, involving arithmetic operations. But, if there are no more relatively difficult problem-solving items involving arithmetic, you might be given an easier item. Most people are not skilled at estimating item difficulty, so don’t worry when taking the test or waste valuable time trying to determine the difficulty of the questions you are answering.

• MYTH – You need very advanced math skills to get a high GMAT score.

o Reality – The math skills tested on the GMAT are quite basic. The GMAT only requires basic quantitative analytic skills specifically underlying math (algebra, geometry, basic arithmetic) and the required skill level is low. The difficulty stems from the requisite logic and analysis skills not the underlying math skills.

• MYTH – It is more important to respond correctly to the test questions than it is to finish the test.

o Reality – There is a severe penalty for not completing the GMAT. If you are stumped by a question, give it your best guess and move on. If you guess incorrectly, the computer will likely give you an easier question, which you are likely to answer correctly and the computer will rapidly recover. On the other hand, if you don’t finish the test, your score will be reduced greatly. Failing to answer five verbal items, for example, could reduce a person’s score from the 91st percentile to the 77th. Pacing is far more important.

• MYTH – The first 10 questions are critical and you should invest the most time on those items.

o Reality – All the questions count. It is true that the CAT algorithm uses the first 10 questions to obtain an initial estimate of your ability; however, that is only an initial estimate. As you continue to answer questions, the algorithm self-corrects by computing a new updated estimate based on all the items you have taken, and then administers items that are closely matched to this new estimate of your ability. Your final score is based on all your responses and considers the difficulty of all the questions you answered. Taking additional time on the first 10 questions will not game the system and can hurt your ability to finish the test.

o Swings used to be real big, now not as big

o Respond thoughtfully to each question

Landscape

• Trend: Volume for GMAT registration is up about 13 % with international volume up dramatically. Visit here for research and trends: http://www.gmac.com/gmac/ResearchandTre ... Volume.htm
• MBA Schools are pushing the early career initiative. Students with fewer than 2 years experience like Harvard’s 2 by 2 program.
o 10 years ago all you needed was 2 years of experience and schools are reaching out and courting younger MBA prospective students.
o There was a move to 4-5 years because schools could; the demand was high so they moved the barrier.
• Schools are not only going after the early career students, but also women and minorities.

Messages to younger students:

1. Age may not be a barrier anymore.
2. “Take your GMAT and put it into the bank” since the score is good for 5 years.

Studies/Graphs - see powerpoint
• Test Prep Works
o It pays to prepare in advance – basically to get higher improvements, it will take more hours and weeks.
• Retake Study – 18% retake
o 1 time per 31 days
o Gains + 31 pts avg. while 30% do worse

**Go to GMAC.com research and trends for all data

Check out MBA.com for Products:
• GMAT Prep: free, 2 timed tests (downloaded or CD)
• GMAT Review: update in late 08
• GMAT Paper Tests (3 tests in each package)
• Coming Soon: Diagnostic - Show how well in all areas compared to all test takers (new)
• MBA Survival Kit – content specific i.e. Acct.
• FAST – Finance Acct. Stats Test – coming soon
o Schools can use this to give to those execs not testing
Attachments

GMAC GMAT Test Prep Briefing - GMAT Club.pdf [738.16 KiB]

Manager
Joined: 26 Jan 2007
Posts: 66
Followers: 1

Kudos [?]: 7 [3] , given: 0

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

09 Nov 2007, 15:47
3
KUDOS
Praetorian wrote:
• MBA Schools are pushing the early career initiative. Students with fewer than 2 years experience like Harvard’s 2 by 2 program.
o 10 years ago all you needed was 2 years of experience and schools are reaching out and courting younger MBA prospective students.
o There was a move to 4-5 years because schools could; the demand was high so they moved the barrier.
• Schools are not only going after the early career students, but also women and minorities.

Messages to younger students:

1. Age may not be a barrier anymore.
2. “Take your GMAT and put it into the bank” since the score is good for 5 years.

So, as I understand it:

10 years ago, 2 years of experience was normal

Demand rose, schools moved the target to 4-5 years.

Now, schools are moving back to less experience.

Is that interpretation correct? If so, that's great news for me
Manager
Joined: 17 May 2007
Posts: 72
Followers: 1

Kudos [?]: 27 [2] , given: 0

### Show Tags

09 Nov 2007, 16:05
2
KUDOS
great post....thanks for sharing
VP
Joined: 09 Jul 2007
Posts: 1104
Location: London
Followers: 6

Kudos [?]: 98 [2] , given: 0

### Show Tags

16 Nov 2007, 10:30
2
KUDOS
good to know. with my young age and 2 yrs experience i have thought i am away from getting into bschool in the US. High score in gmat, it is in my dreams now until i take gmat
Intern
Joined: 20 Sep 2007
Posts: 14
Followers: 0

Kudos [?]: 4 [1] , given: 0

### Show Tags

11 Dec 2007, 22:20
1
KUDOS
gRR i better get a good score....... I deserve top 10 bschools is US/UK!!!
Manager
Joined: 25 Aug 2005
Posts: 138
Followers: 1

Kudos [?]: 7 [0], given: 0

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

19 Mar 2008, 20:59
great post
Manager
Joined: 23 May 2008
Posts: 120
Location: United States
Concentration: Entrepreneurship, Social Entrepreneurship
GMAT 1: 740 Q49 V42
WE: Business Development (Consulting)
Followers: 3

Kudos [?]: 27 [0], given: 15

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

25 May 2008, 23:50
wow thanks for the info!
Senior Manager
Joined: 21 Apr 2008
Posts: 497
Schools: Kellogg, MIT, Michigan, Berkeley, Marshall, Mellon
Followers: 9

Kudos [?]: 45 [0], given: 13

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

01 Nov 2008, 12:48
Praetorian wrote:
GMAC Conference Notes - Also see attached Powerpoint presentation.
• MYTH – The first 10 questions are critical and you should invest the most time on those items.

o Reality – All the questions count. It is true that the CAT algorithm uses the first 10 questions to obtain an initial estimate of your ability; however, that is only an initial estimate. As you continue to answer questions, the algorithm self-corrects by computing a new updated estimate based on all the items you have taken, and then administers items that are closely matched to this new estimate of your ability. Your final score is based on all your responses and considers the difficulty of all the questions you answered. Taking additional time on the first 10 questions will not game the system and can hurt your ability to finish the test.

Hi guys,

I have a question relating to this point.

In the following link

http://www.mbapodcaster.com/MBA_MoreInf ... iEpisode=4

One of the common myths is that the first ten items are really critical and, basically, determine your GMAT score. That’s not true.

said by Larry Rudner, Vice President of Research and Development at the Graduate Management Admission Council

To be honest, I don't know how to deal with these two facts

Opinions?

Cheers
_________________

mates, please visit my profile and leave comments
http://gmatclub.com/forum/johnlewis1980-s-profile-feedback-is-more-than-welcome-80538.html

I'm not linked to GMAT questions anymore, so, if you need something, please PM me

I'm already focused on my application package

My experience in my second attempt
http://gmatclub.com/forum/p544312#p544312
My experience in my third attempt
http://gmatclub.com/forum/630-q-47-v-28-engineer-non-native-speaker-my-experience-78215.html#p588275

Intern
Joined: 28 Feb 2009
Posts: 31
Followers: 0

Kudos [?]: 5 [0], given: 0

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

18 Mar 2009, 10:44
Quote:
• MYTH – The first 10 questions are critical and you should invest the most time on those items.

o Reality – All the questions count. It is true that the CAT algorithm uses the first 10 questions to obtain an initial estimate of your ability; however, that is only an initial estimate. As you continue to answer questions, the algorithm self-corrects by computing a new updated estimate based on all the items you have taken, and then administers items that are closely matched to this new estimate of your ability. Your final score is based on all your responses and considers the difficulty of all the questions you answered. Taking additional time on the first 10 questions will not game the system and can hurt your ability to finish the test.

Thanks so much for posting this. I just read a certain prep book (which will remain anonymous) that told me to spend extra time on the first 10 questions, saying that if you get the first 10 questions right, you will rock out unless you absolutely fall off a cliff.

I downloaded the entire PDF and the graph from the CAT script was very helpful. Thanks again.
VP
Joined: 05 Jul 2008
Posts: 1431
Followers: 40

Kudos [?]: 329 [1] , given: 1

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

06 May 2009, 18:03
1
KUDOS
BigObamaFan wrote:
Quote:
• MYTH – The first 10 questions are critical and you should invest the most time on those items.

o Reality – All the questions count. It is true that the CAT algorithm uses the first 10 questions to obtain an initial estimate of your ability; however, that is only an initial estimate. As you continue to answer questions, the algorithm self-corrects by computing a new updated estimate based on all the items you have taken, and then administers items that are closely matched to this new estimate of your ability. Your final score is based on all your responses and considers the difficulty of all the questions you answered. Taking additional time on the first 10 questions will not game the system and can hurt your ability to finish the test.

Thanks so much for posting this. I just read a certain prep book (which will remain anonymous) that told me to spend extra time on the first 10 questions, saying that if you get the first 10 questions right, you will rock out unless you absolutely fall off a cliff.

I downloaded the entire PDF and the graph from the CAT script was very helpful. Thanks again.

I just posted this on another thread

gmat-scoring-algorithm-my-observations-28493-80.html#p589172

Can you post the PDF and graph you are referring to?

Thanks
Intern
Joined: 29 Nov 2009
Posts: 1
Location: Dresden, Germany
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

29 Nov 2009, 05:34
Thx for this great post. Especially for newbies like me it's good to have s.o. to answer to quite alot of those myths.
Senior Manager
Joined: 21 Sep 2010
Posts: 261
Followers: 5

Kudos [?]: 30 [1] , given: 56

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

04 Jan 2011, 12:24
1
KUDOS
Awesome post as always!
_________________

"Only by going too far, can one find out how far one can go."

--T.S. Elliot

Intern
Joined: 16 Feb 2011
Posts: 26
Followers: 0

Kudos [?]: 1 [0], given: 4

Re: GMAT Myths -- from GMAC Conference [#permalink]

### Show Tags

01 Sep 2011, 14:32
great post did help me clear my mind over a lot of concerns
Re: GMAT Myths -- from GMAC Conference   [#permalink] 01 Sep 2011, 14:32
Similar topics Replies Last post
Similar
Topics:
GMAC tools from GMAC store 3 30 Jan 2016, 20:18
5 News from GMAC's Summit 0 11 Dec 2013, 07:10
11 Interesting Insights into GMAT Questions from GMAC 18 09 May 2010, 15:25
1 GMAT - Myth vs Fact 8 23 Oct 2009, 11:45
13 The Myth of the 800 GMAT 15 25 Nov 2008, 20:08
Display posts from previous: Sort by

# GMAT Myths -- from GMAC Conference

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

Moderators: HiLine, WaterFlowsUp

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.