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ConsultantWannabe
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EMPOWERgmatRichC
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Hi Consultantwannabee,

Before you commit to studying for the GMAT right now, there are a couple of other things that you should consider:

1) Your GMAT score is good for 5 years. While that is a relatively long time, you would still have to complete your undergrad degree and spend some time gaining reputable Work Experience before you apply to School. It's possible that your score would expire before you could realistically apply to Business School (so you'd end up having to restudy and retest later on).

2) Many Schools expect 2-5 years of quality Work Experience from applicants. Since you've discussed limiting your applications to Top20 Schools, you would certainly want to do everything in your power to make yourself an attractive OVERALL applicant, including getting that necessary experience.

Are you looking to apply to Business School straight out of your Undergrad Program?

GMAT assassins aren't born, they're made,
Rich
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Hi Consultantwannabee,

Before you commit to studying for the GMAT right now, there are a couple of other things that you should consider:

1) Your GMAT score is good for 5 years. While that is a relatively long time, you would still have to complete your undergrad degree and spend some time gaining reputable Work Experience before you apply to School. It's possible that your score would expire before you could realistically apply to Business School (so you'd end up having to restudy and retest later on).

2) Many Schools expect 2-5 years of quality Work Experience from applicants. Since you've discussed limiting your applications to Top20 Schools, you would certainly want to do everything in your power to make yourself an attractive OVERALL applicant, including getting that necessary experience.

Are you looking to apply to Business School straight out of your Undergrad Program?

GMAT assassins aren't born, they're made,
Rich

I plan to apply to business school when I have 5 years of work experience. That's probably when I'll have the best chance of getting in. I don't plan to actually take an official GMAT anytime soon, but I do want to study perhaps a few hours every week for a couple of years, and then take the test. I've always found that doing a little at a time for a long period of time usually results in success.

I'm aiming for a 720+, not sure if that's feasible. I'm starting to have doubts because I've heard that the GMAT is essentially an IQ test. I've tested above average for IQ, but I'm nowhere near the top 2% range.
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ConsultantWannabe
I plan to apply to business school when I have 5 years of work experience. That's probably when I'll have the best chance of getting in. I don't plan to actually take an official GMAT anytime soon, but I do want to study perhaps a few hours every week for a couple of years, and then take the test. I've always found that doing a little at a time for a long period of time usually results in success.

I'm aiming for a 720+, not sure if that's feasible. I'm starting to have doubts because I've heard that the GMAT is essentially an IQ test. I've tested above average for IQ, but I'm nowhere near the top 2% range.
2 years is probably too long, unless you're working on extremely basic concepts. And the GMAT is not an IQ test. I'm sure there is some correlation there, but what the GMAT really wants to do is provide schools some way to check how likely you are to do well in their programs.

Top 2% on the GMAT is 750. The 720 you're aiming for is 94%. Again, I doubt that this will come down only to IQ.
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Hi Consultantwannabee,

While you could certainly attempt to study a little-bit-at-a-time for a few years, you'll likely find that approach won't be something that you can maintain. The GMAT is a consistent, predictable Exam, so you CAN train to score at a high level AND you can do so in a reasonable amount of time. Many Test Takers spend 3 (or more) months of consistent study time before they hit their 'peak' scores, so you should probably plan for that type of approach (but that won't be for several years).

GMAT assassins aren't born, they're made,
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Hi Consultantwannabee,

While you could certainly attempt to study a little-bit-at-a-time for a few years, you'll likely find that approach won't be something that you can maintain. The GMAT is a consistent, predictable Exam, so you CAN train to score at a high level AND you can do so in a reasonable amount of time. Many Test Takers spend 3 (or more) months of consistent study time before they hit their 'peak' scores, so you should probably plan for that type of approach (but that won't be for several years).

GMAT assassins aren't born, they're made,
Rich

This is a little long, sorry:

I have a small update. I took Babson's Mini-GMAT test and scored an estimate of 560-590. The exam was 50 minutes per section, so 100 minutes total. I left about 23 minutes on the Quant and 25 minutes on the Verbal.

Obviously, I wasn't taking the exam all that seriously because I did not feel like sitting down for a full 100 minutes. I just wanted to see the structure of the test, how the time pressure felt, etc. I scored a 79% on the Quant and ~24% on Verbal. It said my weakest section on the verbal was reading comprehension, which is understandable, because I didn't read any of the passages and just filled in random choices.

I'm feeling a little better about the exam now. My main areas to improve on will be those problems where it goes like: abc =/= 0, what is a > 0? I, II, neither, together, etc. Data sufficiency it's called I believe. I have to admit I'm a little clueless when approaching those problems. Are there quick tricks for those? Everything else was fine, though. I'm quick with mental math so I was able to brute force a lot of the problem solving problems in ~45 seconds. Another question that stumped me was # of combinations (1 mother, 1 father, 2 children, 1 dog taking a family picture, mother and father want to stay beside each other, # of possible combinations?). Had no idea how to approach that.
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Hi Consultantwannabee,

While you can certainly use that 'mini-test' to help define some of the areas that you need to work on, the score result is NOT realistic, so you should be a bit suspicious of its accuracy. To start, the Official GMAT is almost 4 hours in length (when you factor in the sign-in time and breaks), so endurance is a BIG factor in one's performance. By your own admission, you spent 50 minutes on a much shorter exam, so you didn't really experience most of what makes the GMAT the GMAT. There's also some question as to whether this mini-test was actually adaptive or not - linear tests tend to be easier than adaptive ones. While I want to reiterate that it's probably too early for you to be starting your studies, if you truly want to assess your skills (and receive a realistic score result), then you have to take a FULL-LENGTH CAT (including the Essay and IR sections) under realistic conditions. There are plenty of sources for those types of CATs online, including the 2 free CATs that you can download from www.mba.com.

GMAT assassins aren't born, they're made,
Rich
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