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optimus01
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Gmat-Scholarship 24 Feb 2016, 12:48
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I come from a lower middle class background in India. So there is the constraint of money. What are the margins of scholarships awarded by the top 20 Universities and the relevant criteria.
It will be of great help if i can get a heads-up.
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OptimusPrepJanielle
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Gmat-Scholarship 24 Feb 2016, 22:21
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optimus01
I come from a lower middle class background in India. So there is the constraint of money. What are the margins of scholarships awarded by the top 20 Universities and the relevant criteria.
It will be of great help if i can get a heads-up.
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There is not single formula that can land you up with a scholarship.
There are various factors that contribute towards it:

1. Work experience
2. Extra cirriculars
3. Academics
4. GMAT score
5. The geography you are from

Since you are from India, you will have to excel in these areas to bag a scholarship.
The first step would be to aim for a high GMAT score.

1. Have you appeared for the GMAT?
2. Which schools are you targeting in the top - 20?
3. When do you plan to apply to B-Schools?
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optimus01
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Gmat-Scholarship 26 Feb 2016, 08:48
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Hi, thank you replying. No i am yet to take the GMAT exam. I have a work experience of 28 months currently. I am from Electrical Engineering background.
Schools that i am targeting will be
ISB , ROSS(Michigan), YALE, KENNAN- FLAGLER, or NUS , KELLEY.
I am planning to apply in this year itself, as i will be taking the GMAT exam in JULY.
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OptimusPrepJanielle
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Gmat-Scholarship 26 Feb 2016, 20:33
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optimus01
Hi, thank you replying. No i am yet to take the GMAT exam. I have a work experience of 28 months currently. I am from Electrical Engineering background.
Schools that i am targeting will be
ISB , ROSS(Michigan), YALE, KENNAN- FLAGLER, or NUS , KELLEY.
I am planning to apply in this year itself, as i will be taking the GMAT exam in JULY.
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Those are some highly competitive schools that you have listed.
Seems like you have just started studying for the GMAT.

In your preparation so far, how did you study? What material did you follow?

1. Did you take the a mock CAT to assess your current standing?
You can download two free mock CATs from mba.com

You need to build the concepts/fundamentals before you jump in solving the problems. You can do so by choosing one of the following ways:

1. In person classes/private tutoring
2. Online classes
3. Self paced online preparatory course
4. Book heavy approach

Whatever you choose, make sure that you choose one. Because GMAT tests you on some concepts and fundamentals that you can learn from a course. Most of the prep companies including ours offer a free trial of the course. You can take the trial and see if the course suits you.

In addition to the preparatory material, buy the Official Guides too and the 4 official mock CATs. They should be an indispensable part of your preparation.

You need close to 3 months to prepare well for the GMAT.

1. Understand the concepts and fundamentals before jumping into problem solving
2. Solve full length CATs including AWA and IR. You can get two free GMAT Prep mock CATs and can purchase two more from mba.com
3. Make sure you solve the official questions from the Official Guide