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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10 Sep 2008, 15:13
