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May 2008:00 AM PDT
-08:30 AM PDT
What’s in it for you- Live Profile Evaluation Chat Session with Jenifer Turtschanow, CEO, ARINGO. Come with your details prepared and ARINGO will share insights! Pre-MBA Role/Industry, YOE, Exam Score, C/GPA, ECs Post-MBA Role/ Industry & School List.
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15 Dec 2017, 14:13
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This was my reply to an invitation to buy a VPrep package...
The VPrep videos lessons were entertaining; however, they added little value to the printed lessons. The videos only "created the classroom experience." Also, the books and the videos are dated -- about 5-years old, but so is the OG. How do I know this? On eBay, for $100, I bought 3 lightly used book lots: 1) VPrep set, 2) MPrep set, and 3) the last 3 OG editions. (Bonus: the MPrep books, and the OG books, all had valid computer access codes! No such codes for VPrep books.) It seems VPrep offerings are overpriced, as are most of the materials from other "top" prep companies. The MPrep videos are better. These seem to have an adaptive component. Wrong answers immediatelly bring up a solution and reasons why the answer was incorrect. Several wrong answers in a row bring up in-depth discussions and more practice problems. The MPrep books are also superior to VPrep's, because MPrep books include the solutions -- VPrep books do not. A student must pay to access the VPrep solutions. I am using the $49 MPrep Navigator to work through the OG problems and the bonus problems. The free, live, on-line 3-hour classes I have attended (from various companies) were informative; however, not much was covered. If this is any indication of what a full schedule of such classes offers, these are also too expensive. The only valuable service might be the 1:1 counseling. However, this is also overpriced -- $300 per hour -- really! All "top" prep companies should offer a monthly plan similar to those from the "lesser" competition. Students wishing to enter an MBA program, or other professional level program, face a cartel. There are one or two entrance exams from one or two providers. There is a cadre of prep, counseling, and loan companies that sow trepidation among students, while plying very expensive solutions. The "fighting" language that is used throughout the various materials is disturbing. These words include: beat, outsmart, trap, conquer, ninja, assassin, etc. Thankfully, GMATclub and Beat The GMAT offer free access to GMAT prep materials, discounts and a community of GMAT students. Thirty years ago, I took both the GRE and the GMAT. For each, I bought a $15 prep book, studied for 6 weeks and sat for the exams. I am a McCombs MBA'90 alumnus. I am undertaking this GMAT research in advance of my son's planned 2019 or 2020 MBA application. I want to know what my money will (or won’t) buy. I am appalled at the hype, mission creep, and cost creep that has occurred since I first applied. Students (and their parents) face a tremendous expense just to gain acceptance to, let alone pay for, an MBA program. What is going on? What I see is a vicious cycle spawned by GMAT prep. It has become a pernicious quest for ever-higher scores (beyond 700), aided-and-abetted by fear mongering, and fueled by anxious candidates’ money. The military industrial complex, and the prison industrial complex, are excellent parallel models for what has happened with GMATpreparation. This is a shame! Capitalism gone wild and not a regulator in sight!...
The VPrep videos lessons were entertaining; however, they added little value to the printed lessons. The videos only "created the classroom experience." Also, the books and the videos are dated -- about 5-years old, but so is the OG. How do I know this? On eBay, for $100, I bought 3 lightly used book lots: 1) VPrep set, 2) MPrep set, and 3) the last 3 OG editions. (Bonus: the MPrep books, and the OG books, all had valid computer access codes! No such codes for VPrep books.) It seems VPrep offerings are overpriced, as are most of the materials from other "top" prep companies. The MPrep videos are better. These seem to have an adaptive component. Wrong answers immediatelly bring up a solution and reasons why the answer was incorrect. Several wrong answers in a row bring up in-depth discussions and more practice problems. The MPrep books are also superior to VPrep's, because MPrep books include the solutions -- VPrep books do not. A student must pay to access the VPrep solutions. I am using the $49 MPrep Navigator to work through the OG problems and the bonus problems. The free, live, on-line 3-hour classes I have attended (from various companies) were informative; however, not much was covered. If this is any indication of what a full schedule of such classes offers, these are also too expensive. The only valuable service might be the 1:1 counseling. However, this is also overpriced -- $300 per hour -- really! All "top" prep companies should offer a monthly plan similar to those from the "lesser" competition. Students wishing to enter an MBA program, or other professional level program, face a cartel. There are one or two entrance exams from one or two providers. There is a cadre of prep, counseling, and loan companies that sow trepidation among students, while plying very expensive solutions. The "fighting" language that is used throughout the various materials is disturbing. These words include: beat, outsmart, trap, conquer, ninja, assassin, etc. Thankfully, GMATclub and Beat The GMAT offer free access to GMAT prep materials, discounts and a community of GMAT students. Thirty years ago, I took both the GRE and the GMAT. For each, I bought a $15 prep book, studied for 6 weeks and sat for the exams. I am a McCombs MBA'90 alumnus. I am undertaking this GMAT research in advance of my son's planned 2019 or 2020 MBA application. I want to know what my money will (or won’t) buy. I am appalled at the hype, mission creep, and cost creep that has occurred since I first applied. Students (and their parents) face a tremendous expense just to gain acceptance to, let alone pay for, an MBA program. What is going on? What I see is a vicious cycle spawned by GMAT prep. It has become a pernicious quest for ever-higher scores (beyond 700), aided-and-abetted by fear mongering, and fueled by anxious candidates’ money. The military industrial complex, and the prison industrial complex, are excellent parallel models for what has happened with GMATpreparation. This is a shame! Capitalism gone wild and not a regulator in sight!...
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