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21 Dec 2015, 20:32
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I'm at a crossroads. I want to become a CPA (I have a degree in accounting, and work in accounting). In order to sit for the CPA exam, I have two options. Take 15 more credit hours, to hit 150 credit hours in school, or get a 620 on the GMAT.
I believe my state (ohio) is the only state that waives the 150 hours requirement, which is nice, I'm just not sure what route is easier. If I went back to school it would be part time, and I could take easier classes, or some that would be benefical, for example learning VBA if offered could help in my job, or I could take classes that interest me.
If I took the GMAT, I have no desire to purse a masters degree at this time. I'm prepared to study my ass off for the CPA exam, and I don't have a problem studing hard for the GMAT, likewise, I just need a 620. It wont get me into an elite school, but I don't care since I'm not going to apply to any schools.
I believe my state (ohio) is the only state that waives the 150 hours requirement, which is nice, I'm just not sure what route is easier. If I went back to school it would be part time, and I could take easier classes, or some that would be benefical, for example learning VBA if offered could help in my job, or I could take classes that interest me.
If I took the GMAT, I have no desire to purse a masters degree at this time. I'm prepared to study my ass off for the CPA exam, and I don't have a problem studing hard for the GMAT, likewise, I just need a 620. It wont get me into an elite school, but I don't care since I'm not going to apply to any schools.
21 Dec 2015, 21:19
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Hi John2525,
There's some 'bias' to the question that you're asking, so I'll do my best to keep my answer analytical. These days, a 620 is right about the 70th percentile, meaning that about 70% of Test Takers can't score that high. Whether that is an 'easy' task for you or not really depends on how strong of a Test Taker you are and how effectively you can train to score at that level (or above).
Many Test Takers spend 3 months (or more) of consistent study time before they hit their 'peak' scores - while you might need more or less time than that (as your 'peak' might be higher or lower than 620), the task will require some commitment (and consistency) on your part. By comparison, it's not clear how long it would take you to earn the remaining 15 credit hours that you would need.
1) Have you done any study (or research) into the GMAT at all?
2) What type of deadline are you on?
It might actually be in your best interest to study for the GMAT for a short period of time, then take a FULL-LENGTH practice CAT Test, so that you can get a sense of your strengths and weaknesses and how much of a challenge it might be for you to train for the GMAT.
GMAT assassins aren't born, they're made,
Rich
There's some 'bias' to the question that you're asking, so I'll do my best to keep my answer analytical. These days, a 620 is right about the 70th percentile, meaning that about 70% of Test Takers can't score that high. Whether that is an 'easy' task for you or not really depends on how strong of a Test Taker you are and how effectively you can train to score at that level (or above).
Many Test Takers spend 3 months (or more) of consistent study time before they hit their 'peak' scores - while you might need more or less time than that (as your 'peak' might be higher or lower than 620), the task will require some commitment (and consistency) on your part. By comparison, it's not clear how long it would take you to earn the remaining 15 credit hours that you would need.
1) Have you done any study (or research) into the GMAT at all?
2) What type of deadline are you on?
It might actually be in your best interest to study for the GMAT for a short period of time, then take a FULL-LENGTH practice CAT Test, so that you can get a sense of your strengths and weaknesses and how much of a challenge it might be for you to train for the GMAT.
GMAT assassins aren't born, they're made,
Rich
22 Dec 2015, 00:50
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John2525
If I took the GMAT, I have no desire to purse a masters degree at this time. I'm prepared to study my ass off for the CPA exam, and I don't have a problem studing hard for the GMAT, likewise, I just need a 620. It wont get me into an elite school, but I don't care since I'm not going to apply to any schools.
A 620 is currently 66% (percentile) on the GMAT, so you need a score that puts you in the top third of the pool of test takers. I suggest you get the OG 2016 and take the diagnostic test. It'll let you know whether your performance was average, below average, above average, or excellent. If you get an above average (or excellent) rating on all (or almost all) the sections, you could take a GMATPrep immediately to get a score estimate on that 200-800 scale. 
