GMAT Question of the Day - Daily to your Mailbox; hard ones only

 It is currently 21 Feb 2019, 08:03

### 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 February
PrevNext
SuMoTuWeThFrSa
272829303112
3456789
10111213141516
17181920212223
242526272812
Open Detailed Calendar

February 21, 2019

February 21, 2019

10:00 PM PST

11:00 PM PST

Kick off your 2019 GMAT prep with a free 7-day boot camp that includes free online lessons, webinars, and a full GMAT course access. Limited for the first 99 registrants! Feb. 21st until the 27th.
• ### Free GMAT RC Webinar

February 23, 2019

February 23, 2019

07:00 AM PST

09:00 AM PST

Learn reading strategies that can help even non-voracious reader to master GMAT RC. Saturday, February 23rd at 7 AM PT

# Help! Wise initial investment alocation.

Author Message
Intern
Joined: 27 Dec 2018
Posts: 1
Help! Wise initial investment alocation.  [#permalink]

### Show Tags

22 Jan 2019, 03:56
Hi everyone!

I'm about to make an initial investment of \$200 (+/-) in books for the preparation of the GMAT. I would appreciate some advice from you in order to do this wisely, taking into account the following context:

1) I'm totally new in this community. Please tell me if I have to change this topic to another section.
2) The only thing I know from GMAT is that it's a requisite for applying to top business schools.
3) My objective is to apply for an MBA at Harvard or Stanford in 2 years. My preparation time is then no less than one year. The average study time would be one hour per day but most of it will be probably concentrated on weekends.
4) My background is in engineering.

I think the return of this investment should be a complete familiarization with the test (practice tests that are as real as posible) and the strategies to go throught all of its parts.

What do you think?

Thank you very much in advance!

Tomas Hughes
Retired Moderator
Status: Preparing for GMAT
Joined: 25 Nov 2015
Posts: 989
Location: India
GPA: 3.64
Re: Help! Wise initial investment alocation.  [#permalink]

### Show Tags

22 Jan 2019, 07:36
trhughes wrote:
Hi everyone!

I'm about to make an initial investment of \$200 (+/-) in books for the preparation of the GMAT. I would appreciate some advice from you in order to do this wisely, taking into account the following context:

1) I'm totally new in this community. Please tell me if I have to change this topic to another section.
2) The only thing I know from GMAT is that it's a requisite for applying to top business schools.
3) My objective is to apply for an MBA at Harvard or Stanford in 2 years. My preparation time is then no less than one year. The average study time would be one hour per day but most of it will be probably concentrated on weekends.
4) My background is in engineering.

I think the return of this investment should be a complete familiarization with the test (practice tests that are as real as posible) and the strategies to go throught all of its parts.

What do you think?

Thank you very much in advance!

Tomas Hughes

Hi
Since you are just starting out I think the following post will help you:
https://gmatclub.com/forum/gmat-study-plan-217827.html
It contains all suggestions about the resources you need and study plan.
Hope it helps.
_________________

Please give kudos, if you like my post

When the going gets tough, the tough gets going...

EMPOWERgmat Instructor
Status: GMAT Assassin/Co-Founder
Affiliations: EMPOWERgmat
Joined: 19 Dec 2014
Posts: 13569
Location: United States (CA)
GMAT 1: 800 Q51 V49
GRE 1: Q170 V170
Re: Help! Wise initial investment alocation.  [#permalink]

### Show Tags

22 Jan 2019, 11:40
Hi Tomas,

To start, many Test Takers who use a 'book heavy' study approach end up getting 'stuck' at a particular score level, so you'll likely end up needing to invest in some non-book resources. By extension, you might not want to invest too heavily in a lot of books at this point.

Since it sounds like you're just beginning your studies, then it would be a good idea to take a FULL-LENGTH practice CAT Test; you can take 2 for free at www.mba.com (and they come with some additional practice materials). If you want to do a little studying first, so that you can familiarize yourself with the basic content and question types, then that's okay - but you shouldn't wait too long to take that initial CAT. That score will give us a good sense of your natural strengths and weaknesses and will help provide a basis for comparison as you continue to study. A FULL CAT takes about 3.5 hours to complete, so make sure that you've set aside enough time to take it in one sitting. Once you have those scores, you should report back here and we can come up with a study plan.

I'd like to know a bit more about your timeline and goals:
1) What is your goal score?
2) Are you considering any other Schools besides Harvard and Stanford?

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

760+: Learn What GMAT Assassins Do to Score at the Highest Levels
Contact Rich at: Rich.C@empowergmat.com

# Rich Cohen

Co-Founder & GMAT Assassin

Special Offer: Save \$75 + GMAT Club Tests Free
Official GMAT Exam Packs + 70 Pt. Improvement Guarantee
www.empowergmat.com/

*****Select EMPOWERgmat Courses now include ALL 6 Official GMAC CATs!*****

Target Test Prep Representative
Status: Founder & CEO
Affiliations: Target Test Prep
Joined: 14 Oct 2015
Posts: 4944
Location: United States (CA)
Re: Help! Wise initial investment alocation.  [#permalink]

### Show Tags

24 Jan 2019, 11:08
Hi trhughes,

Since you are new to the GMAT, before making any decisions regarding your preparation strategy, you should familiarize yourself with the GMAT and then take an official GMAT practice exam. The results of that exam will provide a bird’s-eye view of your general strengths and weaknesses and show you how far you are from your score goal.

Once you take the exam, feel free to report back here, and I can provide some further advice.

Also, you may find it helpful to read the following articles about how to score a 700+ on the GMAT and how long to study for the GMAT.
_________________

Scott Woodbury-Stewart
Founder and CEO

GMAT Quant Self-Study Course
500+ lessons 3000+ practice problems 800+ HD solutions

Re: Help! Wise initial investment alocation.   [#permalink] 24 Jan 2019, 11:08
Display posts from previous: Sort by

# Help! Wise initial investment alocation.

Moderator: souvonik2k

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne 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®.