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FROM Magoosh Blog: MiM vs. MBA: Which Business Degree Is Right For Me?


What is the difference between a Master’s in Business Administration (MBA) and a Masters in Management (MiM)? And which one is the right degree for you? We break down all the key differences between MiM vs. MBA so you can make the right decision.

MiM vs. MBA Comparison
Compared to the MBA, the MiM is a relatively new qualification. The MBA was launched about 100 years ago at Harvard, while the MiM is only about 20 years old, and originates in Europe. Both degrees will give you a good overview of business subjects but an MBA is designed for professionals with more work experience.

Here are the key differences between the MBA and the MiM:

DescriptionMBAMiM

Average age Late twentiesEarly twenties

Average work experience 4-6 years0-3 years

CostHighMedium

DurationOne or two years 10 months

Career opportunitiesMid-career level jobsEntry-level jobs

SalariesTypically above $100kTypically below $100k

Can I do MBA after MiM?
It is possible to do an MiM shortly after graduating and then do an MBA after you have gained some work experience. Each program is designed to meet different needs, depending on which stage of your career you are at.

Which business degree is right for me, MiM or MBA?
There are a few factors you should weigh up in deciding which degree to take:

Work Experience and Age
MBAs are typically aimed at mid-career professionals who are looking to develop their careers or switch careers. A MiM on the other hand is aimed at recent graduates who are looking to kickstart their careers with a good foundation and the possibility of working at a top company. Both of these degrees are appropriate for someone without a background in business or finance.

The average age of an MBA candidate is 27 which means they have about 4 to 6 years of work experience. MiM programs tend to take candidates at an average age of 23, and these candidates will have 0 to 3 years of work experience.

Cost and Duration
MBAs typically range between one and two years. The MiM typically lasts 10 months. Program length will differ between programs so it is possible to find longer or shorter courses.

The tuition fees of the MiM are about half that of the MBA. For example, at INSEAD the tuition fees for the MIM are €49,000. The Tuition fees for the September 2021 and January 2022 MBA intake are €89,000.

Curriculum
As the MiM is aimed at people starting out in their careers, there is a lot of theoretical knowledge to give you a good understanding of business fundamentals. You can expect to learn the most from lecturers. Most MiM programs also have internship opportunities built into the program to give you some experience.

MBA’s on the other hand can be more practical. Although business fundamentals are covered, there is more of an emphasis on case studies. You can also expect to learn more from your peers who have much more work experience to inform class discussions.

Career Opportunities and Salary
MiM gives you a career boost earlier in your career and can set you up on a successful career path. You’ll also have more time for the benefit of that boost to compound over your career.

As the MBA attracts more senior candidates with more work experience, the salaries you can get immediately after the degree should be much higher. It’s helpful to think about the return on investment from a business degree as something that benefits your entire career. ROI is not just about the number on your first post-study payslip. Both degrees will give you access to a network, business skills, and better job prospects.

Note that the MBA degree originated in the US and has more brand recognition with employers there, while the MiM originated in Europe and so European employers are more familiar with it.

MiM vs. MBA Salary
In the 2019 Financial Times rankings, average salaries for the top five MiMs ranged from $84,836 at ESCP Business School to $111,015 at St. Gallen. The average salaries for the top five MBAs ranged from $174,115 at Ceibs to $228074 from Stanford Graduate School of Business. Remember that these weighted salary averages are not set in stone. Your salary will also depend on your background, industry, skillset, and location.

A Final Word on Choosing Between MiM vs. MBA
For most programs across MBAs and MiMs, you will be required to take the GMAT or GRE. While the applications are very similar, the MBA application process will put more weight on your work experience. In the absence of a lot of work experience for Masters in Management candidates, your grades will be a more important factor than they are in the MBA application.

Do you still need more guidance on which degree to choose? You can reach out to alumni or to admissions committees to discuss which degree will add the most benefit to your career.

The post MiM vs. MBA: Which Business Degree Is Right For Me? appeared first on Magoosh Blog — GMAT® Exam.
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FROM Magoosh Blog: MBA vs. Executive MBA: Which One Is Right For Me?


What are the pros and cons of an MBA vs an Executive MBA? Both will give you a great overview of business concepts, help you build a network, and open doors. So which one is going to add the most to your career? We break down everything you need to know to make an informed decision.

What is an Executive MBA?
The Masters in Business Administration (MBA) is by far the most well-known business degree. So what then is an Executive MBA? Well, in a nutshell, the biggest difference between an MBA and an Executive MBA is the target audience for the program. The MBA is aimed at mid-career professionals, while the executive MBA is aimed at senior professionals at the c-suite level.

What’s the difference between Executive MBA vs. MBA?
While every program will be different (and you can find good info on specific programs on Business School websites), there are some generalizations about the two degrees.

CategoryMBAExecutive MBA

Seniority levelMid-careerSenior

Average ageLate twentiesLate thirties

Average work experience5 years10 years

Admissions testGMAT or GRE GMAT, GRE or Executive Assessment by GMAC

CostHighVery high

FormatUsually full-time Usually part-time

Salary Typically above $100kTypically above $200k

Executive MBA vs. MBA: Which one is better for me?
For some people, either degree would be suitable. It’s a matter of personal preference and of taking your goals into consideration.

Age and Work Experience
As the seniority level for an Executive MBA is higher, it makes sense that the average age and average work experience are also higher.  This is actually a big deal when it comes to choosing an MBA as a lot of learning takes place through peer-to-peer interaction. You want to learn from your classmates, but also make sure you can contribute to the discussion.

The average MBA candidate is in their late twenties and has about five years of work experience. The average Executive MBA candidate is in their late thirties and has more than 10 years of experience.

Admissions Requirements
Admissions committees for both business degrees will consider the whole of your application – from personal essays and recommendations, to work experience and standardized tests. In general, however, there is more of a focus on your test scores for the GMAT or GRE for the full-time MBA. Most of the Executive MBA programs will accept the GMAT or the Executive Assessment by GMAC. Executive MBA programs are also more likely to waive the requirement for an undergraduate degree, based on your work experience.

Format, Schedule, and Pacing
Executive MBAs are usually part-time so that candidates can continue to work. Many programs have either blocks of time on campus or lectures after hours or on weekends. The advantage of this approach is that you can apply what you have learned immediately, and use the crossovers between your work and your classes to kill two birds with one stone. It is, however, a lot to juggle. You will also have to make sure you have the full support of your employer so you can carve out time for your studies.

MBAs, on the other hand, are typically full-time. There are part-time, online, and hybrid options available but most candidates study for a year or two on a full-time basis. The advantage of studying full-time is that you have more time to take a break from the daily grind and think about your career. You also will spend more time with your classmates. The social side of a full-time MBA can be a great experience and a good way to build relationships with your classmates.

Cost (and Who Pays It)
Executive MBAs generally come with a heftier price tag. There are often fewer scholarships from Business Schools available for Executive MBAs. The good news is that many employers will foot at least part of the higher bill. Extra expenses could include flights to and from Business School on a regular basis, so make sure you know upfront what your employer is willing to pay.

The MBA is comparatively less expensive (but still pretty pricey in its own right!). Most people use a combination of funding sources to afford to study. These can include personal savings, family or spousal support, employer support, scholarships, and student loans. You should also calculate the opportunity cost of not working for the duration of the program.

 Career Opportunities and Salary
The kind of jobs that you can apply to after each degree will differ in seniority level. Bear in mind that the higher salaries paid to Executive MBAs are, in part, due to their more extensive work experience. According to the Executive MBA Council (PDF document),  the average salary and bonus package at program start for students in the 2019 survey was $205,008. By the end of the program, the average salary and bonus package rose to $232,663.  According to the Financial Times rankings, the average salaries for the top five MBAs ranged from $174,115 at Ceibs to $228,074 from Stanford Graduate School of Business.

You can expect more structured support from the Business School careers department if you are enrolled in a full-time MBA. Full-time MBA students will have greater access to recruiters and to career development on campus.

Final Thoughts on Choosing Between an Executive MBA vs. MBA
If you feel like an Executive MBA is the right fit, but you still want a full-time experience, check out the Sloan Fellowship programs at London Business School, Stanford, and MIT. These combine the seniority level of the Executive MBA with the immersive experience of a full-time MBA.

If you are still battling to decide on the right path, you can speak to the admissions officers at the universities you are targeting to get a sense of which option they would recommend based on your profile. Taking a look at the class profile of various programs will give you extra insight into how well you would fit.

The post MBA vs. Executive MBA: Which One Is Right For Me? appeared first on Magoosh Blog — GMAT® Exam.
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FROM Magoosh Blog: Executive MBA vs. MBA: Which One Is Right For Me?


What are the pros and cons of an MBA vs an Executive MBA? Both will give you a great overview of business concepts, help you build a network, and open doors. So which one is going to add the most to your career? We break down everything you need to know to make an informed decision.

What is an Executive MBA?
The Masters in Business Administration (MBA) is by far the most well-known business degree. So what then is an Executive MBA? Well, in a nutshell, the biggest difference between an MBA and an Executive MBA is the target audience for the program. The MBA is aimed at mid-career professionals, while the executive MBA is aimed at senior professionals at the c-suite level.

What’s the difference between Executive MBA vs. MBA?
While every program will be different (and you can find good info on specific programs on Business School websites), there are some generalizations about the two degrees.

CategoryMBAExecutive MBA

Seniority levelMid-careerSenior

Average ageLate twentiesLate thirties

Average work experience5 years10 years

Admissions testGMAT or GRE GMAT, GRE or Executive Assessment by GMAC

CostHighVery high

FormatUsually full-time Usually part-time

Salary Typically above $100kTypically above $200k

Executive MBA vs. MBA: Which one is better for me?
For some people, either degree would be suitable. It’s a matter of personal preference and of taking your goals into consideration.

Age and Work Experience
As the seniority level for an Executive MBA is higher, it makes sense that the average age and average work experience are also higher.  This is actually a big deal when it comes to choosing an MBA as a lot of learning takes place through peer-to-peer interaction. You want to learn from your classmates, but also make sure you can contribute to the discussion.

The average MBA candidate is in their late twenties and has about five years of work experience. The average Executive MBA candidate is in their late thirties and has more than 10 years of experience.

Admissions Requirements
Admissions committees for both business degrees will consider the whole of your application – from personal essays and recommendations, to work experience and standardized tests. In general, however, there is more of a focus on your test scores for the GMAT or GRE for the full-time MBA. Most of the Executive MBA programs will accept the GMAT or the Executive Assessment by GMAC. Executive MBA programs are also more likely to waive the requirement for an undergraduate degree, based on your work experience.

Format, Schedule, and Pacing
Executive MBAs are usually part-time so that candidates can continue to work. Many programs have either blocks of time on campus or lectures after hours or on weekends. The advantage of this approach is that you can apply what you have learned immediately, and use the crossovers between your work and your classes to kill two birds with one stone. It is, however, a lot to juggle. You will also have to make sure you have the full support of your employer so you can carve out time for your studies.

MBAs, on the other hand, are typically full-time. There are part-time, online, and hybrid options available but most candidates study for a year or two on a full-time basis. The advantage of studying full-time is that you have more time to take a break from the daily grind and think about your career. You also will spend more time with your classmates. The social side of a full-time MBA can be a great experience and a good way to build relationships with your classmates.

Cost (and Who Pays It)
Executive MBAs generally come with a heftier price tag. There are often fewer scholarships from Business Schools available for Executive MBAs. The good news is that many employers will foot at least part of the higher bill. Extra expenses could include flights to and from Business School on a regular basis, so make sure you know upfront what your employer is willing to pay.

The MBA is comparatively less expensive (but still pretty pricey in its own right!). Most people use a combination of funding sources to afford to study. These can include personal savings, family or spousal support, employer support, scholarships, and student loans. You should also calculate the opportunity cost of not working for the duration of the program.

 Career Opportunities and Salary
The kind of jobs that you can apply to after each degree will differ in seniority level. Bear in mind that the higher salaries paid to Executive MBAs are, in part, due to their more extensive work experience. According to the Executive MBA Council (PDF document),  the average salary and bonus package at program start for students in the 2019 survey was $205,008. By the end of the program, the average salary and bonus package rose to $232,663.  According to the Financial Times rankings, the average salaries for the top five MBAs ranged from $174,115 at Ceibs to $228,074 from Stanford Graduate School of Business.

You can expect more structured support from the Business School careers department if you are enrolled in a full-time MBA. Full-time MBA students will have greater access to recruiters and to career development on campus.

Final Thoughts on Choosing Between an Executive MBA vs. MBA
If you feel like an Executive MBA is the right fit, but you still want a full-time experience, check out the Sloan Fellowship programs at London Business School, Stanford, and MIT. These combine the seniority level of the Executive MBA with the immersive experience of a full-time MBA.

If you are still battling to decide on the right path, you can speak to the admissions officers at the universities you are targeting to get a sense of which option they would recommend based on your profile. Taking a look at the class profile of various programs will give you extra insight into how well you would fit.

The post Executive MBA vs. MBA: Which One Is Right For Me? appeared first on Magoosh Blog — GMAT® Exam.
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FROM Magoosh Blog: MBA Rankings for the Top Business Programs: 2021-2022
[img]https://magoosh.com/gmat/files/2021/07/MBA-Rankings.jpg[/img]

Choosing an MBA program to attend is no easy feat, with so many factors to consider. One factor that plays an important role for many applicants is the ranking of the business school itself, known as the MBA ranking.

Rankings are important but don’t make the mistake of following rankings blindly or considering rankings alone. They need to be taken with a pinch of salt. Firstly, it helps to understand the methodology of different rankings so you can think about what is important to you. Secondly, the best school for different people will be different. The reality is that factors such as your career goals, your location after the MBA, and your learning style can be just as important. When you take into account how each ranking is determined, you’ll see that measuring the best Business Schools is a subjective exercise.

MBA Rankings for 2021-2022
As you look through these rankings, keep in mind that many top Business Schools have opted out of rankings in the wake of the Coronavirus epidemic. Some of the metrics used to determine rankings – like GMAT scores – could not be objectively compared as some schools opted for test-optional admissions. In this unusual time, it makes sense to take earlier rankings into account.

Which MBA rankings should I trust?
The most widely used rankings are [url=https://rankings.ft.com/home/masters-in-business-administration]The Financial Times[/url], [url=https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings]US News and World Report[/url], [url=https://whichmba.economist.com/ranking/full-time-mba/]The Economist[/url], [url=https://www.forbes.com/business-schools/list/]Forbes[/url], and [url=https://www.bloomberg.com/business-schools/]Bloomberg Businessweek[/url].

Financial Times
[b]Metrics:[/b] 40% Compensation, 20% Internationalization, 15% Faculty quality, 8% Employment outcomes.

Used by 43% of Business School candidates

Top Business Schools in 2019:

[list]
[*]Stanford Graduate School of Business[/*]
[*] Harvard Business School[/*]
[*] Insead[/*]
[*]University of Pennsylvania: Wharton[/*]
[*] Ceibs[/*]
[/list]
U.S. News & World Report (2022)
[b]Metrics:[/b] 25% Business School leaders, 25% Student selectivity, Employment outcomes 21%

Used by 37% of Business School candidates

Top Business Schools in 2021:

[list]
[*]Stanford Graduate School of Business[/*]
[*]University of Pennsylvania: Wharton[/*]
[*]University of Chicago Booth School of Business[/*]
[*]Northwestern University – Kellogg School of Management[/*]
[*] Harvard Business School[/*]
[/list]
The Economist
[b]Metrics:[/b] 23.3% Employment outcomes, 20% Compensation, 11.7% Career services rating

Top Business Schools in 2019:

[list]
[*] University of Chicago Booth School of Business[/*]
[*]Harvard Business School[/*]
[*] HEC Paris Business School[/*]
[*] Northwestern University – Kellogg School of Management[/*]
[*] University of Pennsylvania – Wharton School[/*]
[/list]
Forbes
[b]Metrics:[/b] 100% of the ranking is determined by Return on Investment after five years.

Used by 34% of Business School candidates

Top Business Schools in 2019:

[list]
[*]University of Chicago Booth School of Business[/*]
[*]Stanford Graduate School of Business[/*]
[*]Northwestern University – Kellogg School of Management[/*]
[*]Harvard Business School[/*]
[*]University of Pennsylvania: Wharton[/*]
[/list]
Bloomberg BusinessWeek
[b]Metrics:[/b] 38.5% Compensation  27.9% Network, 23.1% learning, 10.5% Entreprenuership

Used by 26% of Business School candidates

Top Business Schools in 2019:

[list]
[*]Stanford Graduate School of Business[/*]
[*]Dartmouth (Tuck)[/*]
[*]Harvard Business School[/*]
[*]University of Chicago Booth School of Business[/*]
[*]Virginia (Darden)[/*]
[/list]
You can find out more about these rankings in the [url=https://blog.gmat.com/hubfs/05.Branded-Guides-Offers/The_mba.com_Users_Guide_to_MBA_Rankings.pdf]MBA.com Rankings Guide (PDF)[/url]

How are MBA programs ranked?
There are many different rankings that different factors into account. As a rule of thumb, if you see a Business School at the top of multiple rankings, it should be on your radar. You should also be able to make informed decisions based on how each of the top rankings is calculated. That way you can decide which factors are most important to you, and which rankings carry more weight in your decision.

How important are MBA rankings?
The most important factor in choosing the best business school for you is choosing an environment where you can thrive. That is different for everyone. But as much as you should consider fit, the rankings are based on important metrics such as Return on investment, employment outcomes, and compensation.

These rankings are important since prospective employers care about them, meaning you are more likely to be hired after your degree if you’ve attended a well-ranked business school. Your [url=https://magoosh.com/gmat/is-an-mba-worth-it/]salary is likely to be higher[/url] as well. A smart MBA applicant calculates their potential [url=https://aringo.com/mba-return-on-investment-roi-calculator/]return on investment on each MBA program[/url] before applying, and a better-ranked school will often turn out to be a better investment than attending a similar program at a lower-ranked or lesser-known school.

You should also pay close attention to a school that ranks well for a [url=https://aringo.com/mba-specializations/]specific specialization[/url], such as marketing, entrepreneurship, finance, supply chain management, etc. This is usually a sign that the school makes an effort to lead in that field and has been focusing on the subject in question for a long period of time. Employers watch these specialization rankings too and are likely to seek new employees from schools that specialize in the relevant fields.

Business school rankings should just be one factor to take into account when deciding which school to apply to and attend. As an applicant, you need to do your own research of the schools to determine which will fit your needs. Good luck!

The post [url=https://magoosh.com/gmat/mba-rankings/]MBA Rankings for the Top Business Programs: 2021-2022[/url] appeared first on [url=https://magoosh.com/gmat]Magoosh Blog — GMAT® Exam[/url].
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FROM Magoosh Blog: GMAT Question of the Day: Practice Daily for a Higher Score


When it comes to GMAT prep, well-paced work is key to getting you to your goals. It’s better to study for 30 minutes every day for a month than to cram for 15 hours a couple of days before the exam! Enter Magoosh’s GMAT question of the day! With commonly-tested concepts from both Verbal and Quant sections, this post has daily practice you can use to up your score.

GMAT Question of the Day
This GMAT question of the day will update every day of the month. It rotates between Verbal and Quant, covering a variety of commonly-tested concepts, all between 600-level and 800-level questions.

Bookmark it, set a daily reminder for yourself, and go!

 

Quant: Data Sufficiency

The system of equations has how many solutions?

3x − 6y = 9

2y − x − 3 = 0

None

Exactly 1

Exactly 2

Exactly 3

Infinitely many

See the answer!

 

Studying with a Question of the Day
When you’re prepping for the GMAT, it can be tempting to do a handful of mega-long study sessions—but the truth is, regular, steady prep is key to boosting your score. To improve your test-taking skills and test your knowledge, you can try a free full-length GMAT practice test, or bookmark this page and come back tomorrow for a new GMAT Question of the Day!

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FROM Magoosh Blog: Executive Assessment: What It Is and How It’s Different from the GMAT


Are you an experienced manager who is considering entering an MBA program? You may be able to take the Executive Assessment (EA) rather than the GMAT. But how is the EA different from the GMAT? And how can you make sure it’s the right exam for you?

What is the Executive Assessment?
The Executive Assessment (EA) is an admissions exam designed for most executive MBA programs. An EMBA is a type of MBA specifically geared toward established, experienced managers who want to advance their careers to even higher levels. However, more and more full-time MBA programs accept the test as well. The test features Quant, Verbal, and Integrated Reasoning questions. Ultimately, you can think of the Executive Assessment as “GMAT Lite.” The EA has all the same elements as the GMAT, but stripped down to a more basic, “softer” version.

You can take the EA at home or at a test center, and either test will set you back $350. Your score will be valid for five years.

Test Structure
Both tests are computer adaptive which means that the level of questions you get is based on the level of questions you got correct previously. While the GMAT difficulty level will change question by question, the EA works in modules. You will get a group of questions based on how you performed in a previous group of questions. So what does this alternate test for seasoned executives look like, compared to the GMAT? We’ve outlined the key differences later in this post.

What’s a good score on the Executive Assessment?
As a rule of thumb 150 (out of 200) is considered a good score for the EA.

In the GMAT, your all-important score (ranging between 200 and 800) is made up of your scores in the verbal and quantitative sections only. On the Executive Assessment, the verbal and quant sections count for a third of your score each. The Integrated Reasoning section of the Executive Assessment makes up the last third of your score. In the EA, you can score between 100 and 200, and all three sections are equally weighted in determining your total score.

Which business schools accept the EA?
While the EMBA is designed for Executive MBA programs, other non-Executive MBA programs sometimes accept the EA from experienced applicants.

UC Berkeley’s Haas School of Business, for example, accepts EA scores for both its EMBA program and its weekend MBA program. As long as you have at least 10 years of experience, you can submit EA scores when applying for either of these degree paths. Full-time MBA programs such as those at Columbia Graduate School of Business and the University of Rochester Simon Business School also accept the EA.

The EA is accepted at quite a few schools around the world. For a complete list of universities and programs that use Executive Assessment scores, go to the official EA website.

Executive Assessment vs. GMAT: Similarities and Differences
The Executive Assessment and the GMAT are both made by the Graduate Management Admissions Council (GMAC). In spite of this, these two tests have a number of distinct differences.

Differences Between Executive Assessment vs. GMAT

name of examEXECUTIVE ASSESSMENTGMAT

Total time90 minutes3 hours and 7 minutes

Verbal section30 minutes, 14 questions65 minutes, 36 questions

Quant section30 minutes, 14 questions62 minutes, 31 questions

Integrated reasoning30 minutes, 12 questions30 minutes, 12 questions

AWANo AWA section30 minutes, 1 question

The range of Quant and Verbal topics on these two B-school admissions tests are largely the same. Although certain challenging math concepts are less frequent on the Executive Assessment, the GMAT and the EA have the same range of Quant concepts. The question formats are the same as well; the tests share a comparable mix of Problem Solving and Data Sufficiency.

And for Verbal, the mix will be exactly the same. Both the EA and the GMAT have comparable proportions of Critical Reasoning, Reading Comprehension and Sentence Correction questions. Moreover, the IR sections are exactly the same between these two tests.

How hard is the Executive Assessment compared to GMAT?
The EA is not only shorter than the GMAT, but it is also designed to be taken with minimum preparation. This means that the test will be more straightforward and easier than the GMAT.

There is another aspect of the EA that easier too: its math content. On the EA, you see fewer of the harder math topics from the GMAT. For example, probability, statistics, and combinatronics are less common on the Executive Assessment.

How to Prepare for the Executive Assessment
You can think of the “minimal” preparation required as minimal compared to GMAT preparation. To get your best score on the EA, you’ll want to get familiar with the test and give yourself time to practice the concepts. It is important to do mock tests to see where your strengths and weaknesses lie.

The Executive Assessment has its own section on the GMAC homepage. This official EA website includes an EA preparation page. On that page, you can access a small selection of free practice questions and purchase additional EA practice materials.

However, you don’t necessarily need to use any official EA prep. GMAT prep materials will also do just fine. If you decide to go that route, I recommend official GMAT practice from MBA.com and practice from Magoosh GMAT.

When using GMAT resources for EA prep, just remember to focus on an EA-like mix of GMAT math questions. For a detailed look at the mix of math on the Executive Assessment, consult the official EA Math Review.

If you are switching from GMAT prep to EA prep, remember that you need to devote more time to prepare for the Integrated Reasoning section, as it will count towards your total EA score. Best of luck with your EA prep!

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FROM Magoosh Blog: How to Choose an MBA Program


You have researched MBA programs in general and decided this degree makes sense for you. Now it is time to choose an MBA program. You may want to apply to multiple schools and each one may resonate with you for different reasons. But make sure they do resonate with you, and you are not taking a one-size-fits-all approach to Business School.

A prestigious MBA comes with a hefty price tag. It is a huge investment of time and money, so you want to make an informed decision. You’ll need to do your due diligence and consider what you are personally looking to get out of the program.

What to Consider When Choosing an MBA Program
The all-important rankings are only one factor you should be considering. There are so many factors to guide your decision in fact, that it’s easy to get overwhelmed by the choices. At the end of the day, you want a program that suits you and aligns with your values and goals. A useful first step is to think about what your priorities are. Which factors are you willing to compromise on? Which ones are important to you? This will help you weigh up your options before you apply – and hopefully, when you are accepted to multiple schools!

It is also important to have an honest assessment of your level of competitiveness. The top schools are highly selective. This means that you’ll want a GMAT score that at least falls into the program’s GMAT scorerange. As MBA programs are looking for diversity, being different from the rest of the applicant pool will give you an advantage. That being said, don’t self-select out of applying.

It is a good idea to apply to a few different schools to keep your options open. Apply to a “vertical” list of schools. These are schools that vary in their level of competitiveness. “Safety” schools will be schools where you are more certain of being accepted. You might also have more of a chance at scholarships. Your “target” schools are those that match the level of competitiveness of your application. “Reach” schools are those that you are not confident about getting accepted to, but where you want to throw your hat in the ring, just in case.

 The 5 Steps to Researching and Choosing MBA Programs
  • Consider your career plans
The decision to pursue an MBA is usually preceded by a decision around your career. Do you want to change career paths? Would you like to accelerate your career? Start or scale a business? Having a clear career plan is a good way to assess how different programs can support you.

If you already have a general business background, a more specialized program might give you a better career boost. This might be a program specializing in data analytics, entrepreneurship or supply chain management. If you come from a non-traditional background (that is from industries outside of consulting and finance), a more general program can give you a solid foundation in business. These days, more and more of those that choose MBA programs come from non-traditional backgrounds like healthcare, journalism, and non-profit work.

If you are curious about how potential employers in your sector might perceive different programs, you can ask them for advice. You’ll also see trends where certain companies hire extensively from certain programs. Find out what career services are offered by the program.

You should also consider which region you’d like to work in after your MBA. Ideally, it is good to have brand recognition for the school you choose, in the location you’d like to work in. You should also consider where you are building your networks.  Do your research into the post-study work visas options in different countries if you would like to work abroad. This is particularly important if you want to use the MBA as a chance to move countries or gain a few years of experience in another country.

[*]
Consider your circumstances
[/list]
Everyone has different circumstances when applying to business school. One of the big decisions you need to make is around the program length. Typically, full-time MBAs range from one to two years. Most of the European MBA programs are one year, and most of the US MBA programs are two years but there are many exceptions.

A two-year program will give you more time to pursue internships during the program – which is especially helpful if you want to change careers.

You’ll need to consider the opportunity cost of taking time off work (and not earning a salary). Bear in mind that there might be scholarships available that change that equation. Normally, you’ll only be able to find out about scholarships after you are accepted. That’s why applying to a range of schools can help you to keep your options open.

You can also choose whether you want to do a full-time MBA or a part-time one. If you are unable to take time off work (and be without a salary), a part-time option could be ideal. The advantage of a part-time program is that you can apply what you are learning at work, straight away.

Are you looking at MBAs in different countries and relocating with a partner or children? The logistics around relocation, childcare, and your partner’s job prospects should play a role in your decision. Reach out to schools to find out what support and advice they can offer you.

[*]
Get the official information
[/list]
You can get a range of good metrics to inform your decision. The first important metric to look at is MBA rankings. Make sure you know which MBA Rankings you can trust and which factors different rankings take into consideration. Luckily Magoosh has done the legwork for you and puts together everything you need to know about MBA rankings.

Another great resource you should be able to find on Business School websites is the employment report from previous years. This gives you a breakdown of which companies have hired alumni, and which industries and regions alumni have moved into.

You should also have an opportunity to hear more about MBA programs through events and webinars held by the school. These are also a great chance to reach out to admissions officers to find out more about your individual circumstances or to get on their radar. Attending Business School events also indicates your seriousness and interest to admissions officers.

[*]
Get the unofficial information
[/list]
Part of doing your due diligence is getting a view of what attending a particular program is actually like. That means you need to tap into the unofficial information you won’t find on flashy websites and sleek brochures. If you are nearby, you should definitely go for an on-campus visit to get a first-hand experience of what it’s like in the classroom.  You might also be able to sit in on a virtual class.

Before you choose an MBA program, you should connect with current students and alumni online. These current and former students are a great resource to get a true sense of what it’s like to be at a Business School. You can ask them questions about what life outside the classroom is like.

Business School admissions teams to put you in touch with them. You can also reach out to them on LinkedIn. If you reach out on your own, try to find someone you have something in common with. Perhaps you are from the same city or the same background. Perhaps you both have the same interests or have a similar career path. Also, be specific with your questions. A question like ‘How did you find the MBA program supported your transition from healthcare to consulting?’ is better than ‘What did you think of the MBA?’.

[*]
Find the right fit
[/list]
‘Fit’ refers to the right cultural fit between your values and those of the schools. You might be focused on getting through the School’s selection process, but choosing the right school is a decision that goes both ways. You want to spend your time in a program that allows you to thrive. Remember that demonstrating shared values is important for your application.

Here you can consider those less obvious factors. Is the program collaborative or competitive? Is the Business School in a big city or a small town? What is your preference for class size? Is it important that the Business School you choose is part of a wider university?

How to Choose an Online MBA Program
In our post-pandemic world, online MBA programs have become more popular than ever. These programs are especially attractive if you are unable to change locations, or if you are looking at part-time programs.

You can take a look at the online MBA rankings to get a sense of which programs should be on your radar.

Find out if the course is delivered live, asynchronously, or through a combination of approaches. The most engaging courses will give you an opportunity to interact with and learn from your classmates. You can take a look at the same information you would look at for an in-person class, such as employment reports. You can also see if there is a connection to peers in a full-time program, and what the alumni network looks like.

Final Takeaways: Which MBA program is right for me?
The research you do will not only help you to narrow down schools. You can also refer to what you have learned in your essays and interviews to show your interest, understanding, and commitment.

There are a lot of factors to consider but keep an open mind. Don’t narrow down your options too early. Part of the process of looking for the right MBA is learning what you don’t want in a program.  You should at least think about different factors and do your research. But the final decision might come down to a gut feeling for the right school for you.

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FROM Magoosh Blog: Top Online MBA Programs With No GMAT Requirement


Many of the topMBA programs require the GMAT. But the test can be daunting, requiring months of study and discipline. So what are the non-GMAT options? The good news is that there are great programs, particularly online MBAs, with no GMAT or GRE requirement.

The pandemic has accelerated digital transformation at Business Schools. Almost overnight, the world’s top institutions have had to adapt to online learning.  One of the effects of this shift is the enhanced credibility of online programs. There are also top in-person and online MBA programs with no GMAT requirement. As applicants struggled to take standardized tests, and with the stress of the pandemic during the already stressful application period, schools adapted. Many more MBA programs have now gone test-optional.

The Best Online MBA Programs, No GMAT Required
These are the best online MBA programs with no GMAT requirement, according to US News. Note that some programs are test-blind, meaning GMAT or GRE scores won’t be considered in admissions at all, while others are test-optional, meaning that scores can be submitted for consideration (but they’re not required). Also, know that even MBA programs with GMAT requirements will usually waive the requirement if your work experience is impressive enough.

Online MBA ProgramUS News Ranking (2021)GRE/GMAT Test PolicyAcceptance Rate (2019-2020)

North Carolina State University's Poole College of Management16Test Optional55%

Rochester Institute of Technology's Saunders College of Business20 (tied)Test Optional64%

Pepperdine University's Graziadio Business School26 (tied)Test Optional59%

Babson College's F.W. Olin Graduate School of Business32 (tied)Test Optional88%

American University's Kogod School of Business40 (tied)Test Optional79%

University of New Hampshire's Peter T. Paul College of Business and Economics40 (tied)Test Optional70%

Colorado State University51 (tied)Test Optional86%

Florida International University59 (tied)Test Optional73%

Georgia Southern University's Parker College of Business67 (tied)Test Blind81%

West Texas A&M University67 (tied)Test Optional98%

GMAT Requirements in the Test-Optional Admissions Landscape
Even before COVID-19 changed the MBA admissions landscape, and brought on a test-optional revolution,  the use of Standardized tests has been long debated. On the one hand, test scores are a great way to compare applicants from completely different backgrounds and parts of the world. They also offer reassurance to admissions officers that applicants are going to cope academically with the program. On the other hand, these tests have a reputation for favoring those who have had better education and resources. For many people, they are not a true reflection of ability.  Waiving test requirements tends to create more diverse classrooms.

That being said, a good GMAT score can only help your application so if you have one, submit it!

What do online MBA programs require in place of GMAT scores?
For you as an applicant, the move towards test-optional admissions means you have to put more effort into the other aspects of your application. Tests like the GMAT are a great way to prove your quantitative skill, reasoning ability, and critical thinking. Without your test scores, you’ll need to demonstrate these qualities in the rest of your application – in personal statements and essays, your GPA or degree transcripts, and your work experience and professional licenses. Letters of recommendation will also carry more weight in the absence of test scores.

Online MBA vs. Traditional MBA
There are pros and cons of an online MBA vs a traditional one. One of the key differences is that an online program is usually easier to fit into your life.  Flexible part-time options mean that you can continue to work and apply your knowledge straight away. Online courses are also substantially more affordable.

Traditional MBAs obviously have many more chances for in-person networking. Traditional programs will normally also have more opportunities for internships if that is important to you.

Takeaways
Since the pandemic forced top-ranked MBA programs to shift to online learning, online MBA programs are taken much more seriously. Like any MBA program, make sure the program you choose has a good reputation in your industry. The right MBA programs, even those without the GMAT requirement- can lead to a career boost and better job prospects after graduation.

 

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FROM Magoosh Blog: The Top 6 GMAT Myths


When you start prepping for the GMAT, one thing becomes immediately clear: there is a lot of information out there. But be careful—not all of it can be trusted! In fact, there are a ton of common GMAT myths in circulation that can discourage you, even harming your score. Luckily, we’re here to debunk them! Here they are: the top 6 GMAT exam myths you need to know.

GMAT Exam Myths: Sections
Myth 1: Verbal Is Easy
If only! Unfortunately, GMAT Verbal questions can be pretty challenging—particularly if you haven’t seen them before. And some question types that appear on the Verbal section of the GMAT, like Critical Reasoning questions, are probably unlike anything you have ever seen before—at least on a standardized test!

So what to do about it? First of all, make sure you understand how hard the GMAT is on several different levels. Then, make sure you prepare for the Verbal section by giving it as much attention as you do GMAT Quant!

If you’re wondering where this myth arose, it’s likely because many students find the Quant section so challenging on the first encounter. However, if you practice using reasoning skills in new ways, all sections of the GMAT should become more manageable given time and practice!

(Still don’t believe me? Have a go at the GMAT diagnostic, then compare your Verbal score and your Quant score.)

Myth 2: You Should Only Focus on the Hardest Questions (or the Earliest Ones)
Nope. The fact that the GMAT is a computer adaptive test makes it tempting to try to outsmart it! But here’s what you need to know in terms of strategy.

Particularly if you’re trying for a high GMAT score (600+), you’re likely to get the easiest questions you’ll see on the whole section within the first ten questions. If you miss any of these questions, it’ll knock your score down—way down. Don’t give all of your time to these questions—but don’t rush through them because they’re easier, either! Instead, use this guide to GMAT pacing to keep yourself on track.

At the end of the day, don’t try to outsmart the scoring algorithm. In other words, avoid overthinking questions you think you got right or wrong, or which questions the test might classify as easy or hard, or what previous questions were like in comparison to the current level of the question… That way lies frustration! Instead, once you’re in the actual exam, focus on each question as it comes up. Then, focus on the next question. The more you can do this on practice tests, ignoring the difficulty level of the questions until you review your answers, the better off you’ll be on test day.

GMAT Myths: Scoring
Myth 3: Your Test Score Is Determined by Your IQ
No! Not only is this untrue, but it’s also dangerous. Believing this is a ticket to believing you can’t improve your GMAT score—and believe us, that’s entirely untrue. We have seen thousands of students boost their scores. If this were an IQ test (and if IQ tests were even a valid measure of intelligence…), that wouldn’t be the case. You can absolutely improve your score—notably with strong practice materials, like this GMAT practice test!

Myth 4: You’ll Be Able to See Big Improvements/Jumps in Your Score Percentiles Quickly
Score increases are absolutely possible on the GMAT (why else would Magoosh offer a guaranteed 50-point score improvement?) But it takes time. Furthermore, you’re unlikely to see you score increase by 300 or 400 points unless something went really wrong during your first or diagnostic test.

However, don’t let this discourage you. If you need even more points on the GMAT, you have two options: extend your study time while adapting a new strategy, or set more realistic score goals for the time that you have.

Myth 5: The GMAT Is the Most Important Part of Your Application
GMAT scores are only one part of your business school application! MBA programs’ admissions committees will look at your entire application, from your undergraduate GPA to your letters of recommendation to your essays. And they’re looking for great applications in general, not just great GMAT scores. MBA applicants’ test scores are just one piece of the puzzle when it comes to the B-school application process, even for top business schools and scholarships…really!

GMAT Time Management Myths
Myth 6: You Need a Year to Study for the GMAT Properly
Ah, the most common of the GMAT time management myths. If that were true, how many people do you think would take the test? Not very many! You can prep for the GMAT in any period of time, from one month to six months (don’t believe me? We’ve got the GMAT study plans to prove it!).

However, with that said: studies run by GMAC have shown that students who score 700+ on the GMAT put in at least 90 hours of study time—120 is an even better goal to try to hit. For most people attending school or working a job, this translates into a 3-6 month GMAT test prep plan. It may take a year if you’re incredibly busy—but that’s only true for a tiny, tiny percentage of cases.

Takeways: GMAT Myths
When it comes to the GMAT, stress can be a real obstacle. One way to beat GMAT stress? Make sure you have thorough, accurate information about what’s actually on the test. Use trusted sources, practice with high-quality, test-like GMAT prep materials, and ensure that you put in the time that you need to master the materials, and you’ll be golden. (Oh yeah—and don’t spread or believe any of these GMAT myths!) Good luck!

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FROM Magoosh Blog: Columbia MBA Program: What You Need to Know About Getting In
Are you considering the Columbia MBA program? Read on for information on admissions criteria and statistics and how to apply. We’ll also give you info to help you decide whether Columbia’s business school is a truly good fit for you. All info below is for Columbia’s full-time MBA program.



Columbia MBA: GMAT Scores, Acceptance Rate, and GPA
One of the best ways to see if a program is right for you is to look at who gets accepted. What kinds of GMAT scores and grades do Columbia MBA students have? How many applicants actually get in? And more importantly, what are these people like on a personal level? That last question is hard to answer for certain, but stats on GMAT range, educational background, average age, work history, gender, race, and national origin can give some hints. The Columbia MBA program publishes all of that information on their class profile page. Check out our summary below!

Columbia MBA Class Profile by the Numbers

Acceptance Rate18.6%

Class Size847

GMAT (average)729

GMAT (middle 80%)700-760

GMAT (full range)540-780

GPA undergraduate average)3.5

Average Work Experience5 years

Average Age28

Women41%

International Students48%

U.S. Minorities40%

Students’ Academic Background
As you’d expect from a business program, the majority of Columbia’s MBA students have an economic background in… well… business (37%). Or the closely related field of economics (18%). A significant number of MBA candidates at Columbia also have a scholarly background in STEM disciplines, specifically engineering (15%), science (7%), and technology (2%). Outside of business and science, the students in this program also have bachelor’s degree backgrounds in social sciences (13%) and humanities (6%). The smallest classification is “Other,” with 2% of the students majoring in disciplines beyond the ones listed above.

Professional Background for Columbia MBA Students
The most common vocations of Columbia’s MBA students are financial services (31%), consulting (21%), marketing and media (12%), and technology (9%). But the remaining 27% of enrollees really do come from a diverse set of backgrounds: real estate, healthcare, energy, manufacturing, nonprofit, military, and government.

Racial and Ethnic Demographics
(NOTE: Columbia Business School allows applicants to select more than one racial identity. As a result, the numbers on this table will add up to more than 100%. All statistics below come from domestic students only.)

Racial Identity of Columbia MBA StudentsPercentage of Students

American Indian, Alaska Native, Hawaiian, and Other Pacific Islander1%

Asian American22%

Black/African American12%

Hispanic/LatinX9%

White66%

Did Not Report1%

How to Get Into Columbia Business School: Admissions Process
If you’ve looked at the student profile above and like what you see, you may want to apply to Columbia’s MBA. But how? Let’s take a look at the admissions process: the documents you need, how to submit them to Columbia, and what the timeline looks like. (Most of this information comes from the Columbia MBA program’s own website, largely from its application requirements page.)

Required Application Materials and Fees
The Columbia MBA program will want the following things from all applicants:

  • Transcripts and undergraduate GPA (these will generally be in the same document from your undergrad school)
  • Admissions Test Scores (GMAT, Executive Assessment (also useful for EMBA), or GRE)
  • A set of essays
    • a 50-character short answer
    • a 500 word essay
    • two 250-word essays
    • click here for details on the Columbia MBA admissions essays)
  • Letter of recommendation (ideally from a current work supervisor or as recent a reference as possible)
  • Application fee ($250 USD)
  • Completed application form (filled out online here)
  • Interview
    • If your other application materials aren’t rejected, Columbia will invite you to an interview. If you pass the interview, you’ll be accepted.
    • Although the Columbia MBA program’s website currently suggests interviews are conducted in person, they are actually conducted remotely at this time. (I called their admissions office for clarity on this.)
Interestingly, you won’t need a resume per se in order to apply. Still, between all the materials above, you’ll be submitting information similar to that found on a resume. What’s important here is that your materials demonstrate that you are confident and focused, with a clear sense of your professional path.

So when can you expect to hear back with a decision? That’s not clear on Columbia’s website, but in my call to their admissions office, they told me that all decisions are made within six weeks of receiving application materials. So you’ll hear back from them in 6 weeks or sooner.

If you’re accepted, you’ll be asked to submit a tuition deposit before you can register for classes. Deposit deadlines and amounts vary depending on when you apply. All the details you need can be found here.

Program Deadlines
So we’ve touched on the deposit deadlines above. Now, let’s talk about the much bigger, more important set of deadlines: application deadlines! The application deadlines for Columbia’s MBA program are divided because there are two start dates: one in January, and one in August. The August start date is by far the most popular; 72.5% of all students in the class of 2023 started in August.

Perhaps because August is such a popular start time. Columbia has three different possible application deadlines for students who want to start their studies in late summer. There’s the Early Decision application deadline, set in early October. Then there is the Merit Fellowship deadline, for applicants who want to apply for one of the merit-based scholarships associated with Columbia’s MBA program. The deadline for such applications is early January. The third deadline for applicants is the Regular Decision deadline in early April; this is the deadline for those who want to submit a general application without requesting early consideration or merit-based financial support.

Finally, in mid-to-late April, Columbia has an August start Deferred Enrollment Deadline for those who have decided to delay final consideration for a year or more while they gain more experience. For more info, see the Columbia MBA program’s deferred enrollment web page.

The less popular January start date has just one application deadline, a Regular Decision one. This deadline falls in early October, like the Early Decision deadline for the August start. In fact, the Regular decision deadline for January typically falls on the same day as the Early Decision deadline for August. (Although Columbia has fewer J-term students, the January start has its advantages. Check out the Columbia’s J-term MBA information website to see if this start time is right for you.)


Photo by Beraldoleal

Columbia MBA Curriculum
Most business schools in the United States focus closely on MBA and MBA-related programs. Columbia offers much more, including a few very important Master of Science options. These include MS programs in Financial Economics, Marketing Science, Accounting and Fundamental Analysis, and Management Science and Engineering. For the student looking for a graduate-level program that offers something more specific than an MBA, Columbia is among the best options. This wide breadth of options helps the school maintain a successful alumni network. In the past, the school’s MBA program was closely tied to Wall Street’s fortunes and misfortunes. But today, more diverse program offerings allow students to pursue alternative career goals that aren’t quite as Wall Street-focused.

Columbia’s standard MBA program, though, is an attractive option in its own right. For starters, the program and its students are highly competitive. This gives the degree itself prestige in the job market. It also gives students opportunities to network with others who are headed for future success and may already be well-connected to the business world.

Another advantage of the Columbia MBA is that it allows its student to focus on one specific topic in depth. The school offers career-focused paths of concentrationthat will allow a student to not just gain knowledge of a particular subject, but to gain outright expertise in that area. That can be a major advantage after graduation, when you’re looking to land the best job offer.

Is the Columbia MBA program prestigious?
According to US News & World Report, Columbia Business School is the seventh-best business school in the United States. Forbes magazine corroborates Columbia’s status as one of the top MBA programs, also putting Columbia at #7. And no matter what the rankings say, there’s no doubt that Columbia is a great bet for business. It’s an Ivy League, world-class university, and it’s located in the world’s financial center in New York City. Short of being right in Manhattan, it’s hard to get any closer to Wall Street than Columbia, which is a short subway ride away!

Ultimately, Columbia University is recognized around the world. If you have the necessary GMAT score and the other requirements for Columbia, then there’s no question that this business school would be a great option for you. Even if you don’t have your post-business school hopes set on NYC, you can still enjoy spending two years studying in the Big Apple. Columbia Business School has shed its reputation as a “Wall Street”-centric program: it’s now well-known for the diversity of its programs. Many students will find their niche at Columbia in a way they cannot find anywhere else.

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FROM Magoosh Blog: Duke Fuqua MBA: Everything You Need to Know
Ah, North Carolina. Home of the Venus flytrap, and a surprisingly popular site for the filming of romance movies and teen dramas. Most importantly for prospective students, though, North Carolina has the Research Triangle: the Raleigh-Durham-Cary metro area that’s home to many world class university programs. These programs include– you guessed it– the Duke MBA. But is the Duke Fuqua MBA program right for you?

GMAT Scores, GPA, and Acceptance Rate
[*]Duke Fuqua Application Process[*]The Duke MBA Curriculum[*]What Makes the Duke Fuqua MBA Unique?[*]Employment Outcomes for Fuqua MBA Graduates[/list]
 

Allison Jameson, assistant dean of admissions for the Duke Fuqua School of Business, sums up the top two qualities of Duke business school students: diversity and an open mind:

Fuqua attracts a tremendously diverse class of students who come from a myriad of different professional and personal backgrounds. Our students also go into a wide array of different industries and career paths after graduation…. Because our community is one that promotes innovation, and one in which we expect our students to provide ideas, challenges, and drive change, those who seek out those challenges and opportunities are those who do best at Fuqua.”

Still, it’s important to understand what Allison’s description of the Duke students’ different perspectives and sharp skills mean in terms of actual statistics. With that in mind, we’ll start with the class profile numbers that tell you whether or not you can get in to begin with: test scores, undergrad grade point average, and acceptance rate.

What is the average GMAT score for Duke MBA? Duke itself presents this data as a range rather than a precise average. You can see that range and many other important stats in the table below:

the official class profile page for the Duke Fuqua MBA program.

The Top Work Experience of Duke MBA Students
Remember when I referred you to the official Duke MBA class profile just a few moments ago? I’m going to sound like a broken record and send you back there. Why? Because that page’s “Recent Career Focus” section has one of the most ridiculously, wonderfully detailed reports on students’ professional background that I’ve ever seen on any MBA program’s website.

Still, I don’t think it’s just an eye for detail that’s at play here. It also really does look like Duke Fuqua MBA students come from an exceptionally diverse work background. So when you get some time, go to the above-linked profile page to peruse the Duke MBA class of 2023’s wealth of experience in all its glory. In the meantime, you can also see a quick summary of the most common types of work history in the table below. These five vocations represent over half of the current Duke Fuqua MBA cohort:

Top 5 professions of Duke MBA students (class of 2023)Percentage of cohort

Financial services14%

Consulting13%

Nonprofit, Education, and Government10%

Healthcare8%

Tech7%

Remember, these are just the top career backgrounds. No matter who you are, at Duke, you’re likely to find others with a common career interest.

In light of all of the above, is Duke MBA hard to get into? Well, it’s certainly competitive. But if you bring your best materials and your A game to the Fuqua application process, you just might be a contender. Speaking of which….



the “MBA Application Dates” section of our GMAT Test Dates post.) The Duke MBA Round 1 deadline is in October, while the deadlines for Round 2 and Round 3 are in January and March, respectively. Duke also has an early decision application deadline in September. International students are advised to either go for Early Decision or the first two rounds, so there will be enough time for visa processing.

To see more details on application timelines and to access the online application form, you can go to Duke’s “Admissions Facts + Dates” page.

Duke MBA Application Steps
So what are the steps and requirements as you navigate the applications process? Here are the things you need:

  • A completed online application form
  • Undergraduate transcripts (can be scanned initially, but print transcripts are required after admission)
  • 1 short answer essay (maximum of 100 words), and two full-length essays (maximums of 750 and 500 words) (
  • One-page resume
  • 1 or 2 professional letters of recommendation (the second letter is optional)
  • Valid GMAT, GRE, or Executive Assessment score (Does Fuqua require GMAT scores? Not exclusively!)
  • For students for whom English is not their native language, a valid TOEFL, PTE or IELTS score (details on their International Students page)
  • An application fee of $225. (Although Duke offers a number of ways to get that fee waived.)
  • An interview – interviews are open to all applicants, regardless of round applying, in the Open Interview period (open approximately mid-September through mid-October), and after that interviews are by invitation. Due to Covid-19, all interviews are done remotely.
Still have questions about the requirements above? No problem! Visit Duke Fuqua’s official Application Instructions page for answers.



their detailed description of first year and second year MBA coursework. Students who can demonstrate equivalent experience to a core course can opt out of that course and instead take a different elective. All the classes are grouped into eleven categories. To see the categories and read descriptions of the core courses and the electives, go to the main Curriculum page for the Fuqua MBA program.

In addition to the eleven course categories, Duke offers 13 concentrations. Choosing a concentration is optional; if you attend the Duke MBA, you can also simply choose a generalized study path. But if you have preferences on what to study, there are a wide range of options, from traditional emphases such as management or financial services to emerging emphases such as social entrepreneurship and financial tech. All concentrations are listed and described at Daytime MBA Concentrations. And to answer a frequently asked question– is Duke Fuqua an MBA STEM? For those who want to pursue management science interests, it can be, with the MSTEM emphasis.

Another key feature of the Fuqua MBA curriculum is experiential learning— learning that is done on the job, in work and entrepreneurial experiences that Duke Fuqua sets up for its students. To look up all the details, check out Duke’s Experiential Learning page. These learning opportunities can include travel to other countries, and you can expand on those international experiences with Duke Fuqua’s Study Abroad program.





the 2020 Duke Fuqua MBA employment outcomes report.

In fact, I would recommend reading the employment report in full as you make your final decision about applying to and possibly attending Duke Fuqua for your MBA. And as you consider the ultimate reward– your long-term career prospects– also be sure to peruse Duke’s Career Development page. That page lists the varied support you get in cultivating and launching your post-MBA career.



A Final Word
Finally, consider the support from your peers that you’ll get at Duke Fuqua, not just as a working graduate, but as a student and even as a prospective student. I’ll leave you with one more quote from Duke Fuqua recruiting director Allison Jamison, this time about Duke’s collaborative environment:

“If you ever read anything about Fuqua or talked to any of our students or alumni, you have heard the term “Team Fuqua.” Team Fuqua is a real thing – it’s tangible on campus and it affects your entire Fuqua experience, from application to student life to alumni involvement.

This means that if you come to campus as a visitor, our students will come up to you and offer to show you around or answer your questions. They may invite you to lunch or even, if the time is right, to come with them to a Duke basketball game. It means that as a student, you will prep together with your classmates for an important job interview, even if you are all interviewing for the same position. Our students genuinely want success not only for themselves but for their teammates.

And as an alum, that legacy and support continues. If you ever need to consult an old professor on a project, or reach out to a fellow alum you’ve never met at a company you want to work for, you will find a welcoming supporter. Team Fuqua is really what defines us and makes this experience truly transformational.”

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FROM Magoosh Blog: UVA’s Darden School of Business: MBA Admissions Guide
The University of Virginia’s Darden School of Business is a leading business graduate program–currently ranked #13 in the country (by US News). That means that the GMAT score for the Darden School of Business is competitive. Admissions will not be easy. But for strong students, UVA’s Darden MBA offers a variety of choices that all focus on the same high-quality core curriculum.

UVA Darden MBA Program: GMAT Scores, Acceptance Rate, and GPA
First of all, what do you need to know about the Darden School of Business admissions? Here’s a quick rundown of fast facts to keep in mind!

Acceptance Rate35.1%

Average GMAT Score703

Average Undergraduate GPA3.5

Entering Class Size351

(Source: US News & World Report)

However, these stats are slightly misleading, particularly when it comes to GMAT scores. The 10th-90th percentiles for those admitted to the Darden School of Business ranged from 660-750. In other words, there were outliers below the low end of that range and above the high end, but they were just that: outliers!

One other consideration for potential Darden students are the school’s rankings. According to U.S. News and World Report, the University of Virginia’s Darden School of Business is ranked as the 13th best MBA program in the country. Impressive!

Since the program is so highly regarded, it’s no surprise that GMAT scores for University of Virginia are high. Getting into a top-ranked program isn’t easy. Keep reading to find out what you’ll need!



How to Get Into the Darden School of Business
Just like other business school admissions committees, the Darden MBA program has certain requirements for all candidates. However, these may be different from what you’re anticipating based on applications to other programs! Take a look at what you’ll specifically need for your Darden application.

Darden School of Business Testing Policies
Recently, MBA programs have become more flexible around standardized testing, and Darden is no exception. In fact, they’re a leader in letting applicants choose which test they’ll use to apply! Candidates can still submit the GMAT or GRE scores–but they can also submit the MCAT, the LSAT, or the Executive Assessment (EA).

Darden also allows candidates to apply for testing waivers, if they feel that their applications are strong enough without including test scores. Find out more about Darden’s testing policies!

Letters of Recommendation
Unlike some other business schools, Darden only requires one letter of recommendation, rather than two. With that said, if you have a great second letter, you can submit it! But you don’t need to–and remember that submitting only one really strong letter is far better than submitting a great letter and a mediocre one!

Darden School of Business Essays
The Darden MBA program requires that you answer multiple short-answer questions on the application. These include a “Leadership and Impact” and “Diversity and Inclusion” questions, where you’ll chose from one of two prompts. The other essay questions are mandatory.

Overall, the prompts include:

  • Tell us what you would want your Learning Team to know about you that is not on your resume. (150 words)
  • Darden strives to identify and cultivate responsible leaders who follow their purpose. Please respond to one of the following prompts (200 words)
    Select the prompt to which you will respond.
  • Q #1: Tell us about a time when you acted with a team to solve a problem or seize an opportunity. What role did you play? What did you learn from this experience?
  • Q #2: Tell us about a time you acted to solve a problem for the greater good. What drew you to this issue? What did you learn from this experience?
[*]Essay #3: Select the prompt to which you will respond. (200 words)

[*]Q #1: Share a time when you learned something related to diversity, equity or inclusion that was previously unknown to you? How did this experience impact your perspective?[*]Q #2: Share a time when you advocated for a perspective, identity, or community different from your own. How did this experience impact your worldview?[/list]
[*]What is your short-term, post-MBA goal and how does it align with the long-term vision you have for your career? (150 words)[*]Darden has an incredible network of alumni and partners around the world, and, in a typical year, the School connects with over 80 countries. If you could choose any location in the world, where would you want to travel? (5 words). And why? (50 words)[/list]
Interviews for the Darden School of Business
If you apply to Darden Early Action, you’ll be able to sign up for an interview on a first-come, first-served basis. But if you’re applying for the Rounds 1-3 application deadlines, interviews are by invitation only. They’re also issued on a rolling basis, so try not to read too much into when you get the invite!

Darden MBA Curriculum
The Darden School offers three different MBA programs: the standard MBA (full or part-time), theExecutive MBA, and the Global Executive MBA.

What makes these three options unique? In some sense, what they have in common is what makes Darden’s offerings unique. The three programs all use the same exact MBA core curriculum, which is completed in the first four terms of the first year of each program.

This core curriculum is taught using case studies, simulations, and experiential exercises. It includes a variety of different core skills, in management, accounting, marketing, and analysis. That’s why your GMAT score for the University of Virginia is so important: you’ll need to arrive on campus with strong quantitative and logical thinking skills to navigate the core curriculum.

If the core curriculum of UVA’s programs are identical, what makes the three different MBA options unique?

The standard MBA at the Darden School of Business is for younger students who are earlier in their careers. They typically arrive on campus with only 4 years of work experience. The program is full-time, and students are not expected to hold a job concurrently (though a summer internship is required). Most students spend their 21 months in Charlottesville, VA, though study abroad options are available.

The executive MBA programs–that’s the Executive MBA and the Global Executive MBA–while being the same length (21 months) as the standard MBA, differ in the type of student they attract. In these executive education programs, students typically have closer to 10 years of quality work experience. They’re highly competent executives in their own right. The programs only require sporadic residency in Charlottesville, and many courses incorporate distance learning. The Global Executive option incorporates residences around the world as a requirement — in China, Europe, India, Brazil, and elsewhere. It’s the ideal program for executives with international experience and ambitions.

Part-Time MBA at the Darden School of Business
If you live near UVA or are willing to move there, the brand new, part-time MBA program at the Darden School of Business may be for you! With classes taking place mostly after work hours, you’ll have both virtual and in-person options.

Beginning in 2022, the program will accept 65 MBA students into its first class. Overall, you can expect it to last between 28 and 48 months, depending on your course load. Unlike a traditional full-time MBA program, the part-time program allows you to keep working while getting your degree.

What is Darden School of Business known for?
Besides its unique array of programs, Darden also distinguishes itself in its size. While some graduate business schools can have thousands of students, Darden has less than 350 per cohort. That allows a great opportunity to get to know classmates one-on-one, and utilize day-to-day networking to the fullest.

The program is also known for a large military contingent, with slightly less than 10% of students having served in the military. Military leadership classes are available. This not only means that there is amilitary communityat Darden, but also that the school is familiar with issues that may arise for service members; they offer a 1-year deferment if students’ plans are delayed by their service branches. They also offer military scholarships and flexible interviews.

Academically, Darden is known for using the “case method,” in which small groups of around 6 students work together to study real-world scenarios. This creates lively discussions that students participate actively in, rather than passively watching lectures. It also builds real-world skills through discussions of challenging issues businesses and organizations face. In this model, professors facilitate learning, rather than lecturing.

UVA Darden MBA Employment Outcomes
If you’re looking for an MBA program with strong employment outcomes for alumni, the Darden School of Business is a good choice. At graduation, 83.9% of students have a job lined up; three months after graduation, this rises to 91.1%.

Base salaries for these positions were also relatively high, with an average base salary of $139,945. This takes into account a broad range of jobs, with base salaries hitting a low of $50,000 and a high of $190,000.

Similarly, signing bonuses for Darden graduates were impressive, with an average signing bonus of $33,266. Again, though, this depends significantly on the position! Some students received bonuses as low as $3,000, while others received as much as $107,500.

(Source: US News & World Report)

Takeaways for UVA’s Darden School of Business
If you’re seeking a small but highly ranked MBA program, then the UVA MBA at the Darden School of Business might be perfect for you. While the expected GMAT score for University of Virginia is high, if you can meet the standards, then you’ll enjoy close contact with your peers and faculty in a small program with a strong core curriculum. You’ll also enjoy learning in a unique way through the case method. Career opportunities after UVA are numerous, so you’ll definitely get your money’s worth if you choose to enroll at Darden!

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FROM Magoosh Blog: UCLA MBA: Complete Guide to UCLA Anderson Admissions
Los Angeles is a truly iconic American city! But there’s far more to L.A. than its beaches, glamorous downtown, or the Hollywood sign. L.A. is also known for world-class education, and the UCLA MBA you can get there is no exception. But is the UCLA Anderson School of Business right for you? Read on to learn more.

UCLA Anderson: MBA Class Profile (Class of 2023)
Overview

CategoryAdmissions Data

Class Size360

Acceptance Rate34.4%

GMAT scores714 (average)

670-750 (middle 80%)

GPA3.5 (average)

3.1-3.8 (middle 80%)

Female42%

Minorities32%

International Students32%

Average Work Experience5 years

(Sources: UCLA Anderson, US News and World Report)

Suffice to say, Anderson students are an academically robust cohort. So you’ll want a decent GPA in order to get in, and you’ll also want to master all things GMAT. At the same time, the acceptance rate is relatively high for such an elite business school. So is UCLA MBA hard to get into? The answer is still yes– a ~34% chance of getting in may be relatively high, but is still low if you simply think of it from a “raw numbers” perspective.

UCLA MBA Students: Academic Background
But who are the students behind the numbers, and where do they come from?

Well, for one thing, they come from a variety of academic disciplines. As you might expect, undergraduate business majors represent the largest group… but perhaps not as large a group as you’d expect. Only 26% of the UCLA MBA class of 2023 have bachelor’s degrees in business. Still, another 20% did study the closely related field of economics as undergrads. An equal number of students– another 20%– have a scholarly background in engineering. From there, humanities is a close runner-up, as the prior field of study for 17% of UCLA Anderson’s class of 2023. Moving on, we have math and science at 10%, and all other majors at 7%.

Professional Backgrounds for Students at Anderson
Now that you know the demographics and academic interests of your potential future classmates, let’s take a look at their work history. If you go to UCLA Anderson, what kind of professionals will you study alongside? The table below breaks it all down for you.

Industry Background of UCLA MBA StudentsPercentage of Student Body

Tech22%

Finance21%

Consulting21%

Consumer Goods10%

Public/Nonprofit9%

Healthcare/Biotech8%

Entertainment/Media5%

Real Estate4%

UCLA MBA Ranking
So far, we’ve looked at the grades, test scores, and work history of the UCLA MBA candidates. And while that does look impressive, perhaps the best way to understand how competitive Anderson students are is to look at how competitive the program itself is. Where does UCLA Anderson rank?

Multiple sources place the UCLA Anderson School within the top 20 U.S. programs. US News and World Report, for instance, ranks it at number 18 in the nation, while Forbes places the UCLA MBA at number 16 nationwide.

How to Get Into the UCLA Anderson School of Management


The UCLA Anderson School accepts applications in three rounds throughout the year. Exact dates vary year to year, but the Round 1 deadline is typically in early October, Round 2 in early January, and Round 3 in mid-April.

MBA UCLA applicants must fulfill the following requirements:

  • Full transcript from a 4-year Bachelor’s program (3-year programs are acceptable in some instances)
  • Valid score report for the GMAT or GRE
  • Resume detailing their work experience
    • UCLA Anderson strongly encourages one page, with two pages as the maximum.
  • Two letters of recommendation (preferably from a manager or direct supervisor)
  • A 250 word (maximum) essay, with the option to submit a second optional essay of the same length
  • A ~30-minute scheduled interview via Zoom
    • This interview is only required of students who receive an interview invitation; typically this happens when UCLA Anderson has already approved a students’ initial application materials.
  • International students must submit TOEFL/IELTS scores if English is their second language (see UCLA’s English Proficiency Requirements for more info)
If you’re ready to learn even more about these requirements so that you can dive into the application process, check out UCLA Anderson’s Application Requirements page.

Also note that these application requirements are specifically for the full-time UCLA MBA. If you’re more interested in the part-time MBA for fully employed students (FEMBA) or the executive MBA (EMBA), the links on the main application web page for UCLA Anderson can point you in the right direction.

Speaking of those options, students sometimes ask me “How long is UCLA MBA?” The standard full-time program, which I’m focusing on in this article, generally takes two years. But times can vary for the FEMBA and EMBA, as you’ll see if you check out those program links.

UCLA MBA Curriculum
At the core of UCLA Anderson’s academics are nine business fundamentals courses.

While you can go for a general business degree built around these fundamentals, there are many specialization options. UCLA Anderson offers 15 different possible specializations, in fields as diverse as accounting, entertainment, sustainability, real estate, and more.

The master’s thesis itself is experiential-based hands-on work. Students have the option of doing this work as an employee or as an entrepreneur who’s starting their own business. For students going the employee route, the UCLA MBA program facilitates internships and placements.

Why choose UCLA Anderson’s MBA program?
I opened up this article with a rather shallow reason to choose UCLA Anderson: Los Angeles is a fun and exciting place! But being picky about where you’ll live for two or more years can be important! Admittedly, that’s subjective decision, along with whether or not you’d “fit in” with your classmates based on the student profile, even though there are more concrete numbers involved.

Of course, the academics are a little more concrete. You can look at the classes I talked about and get an idea of what they’d teach you. Do you need to learn these things? Answering that question for yourself will help you decide if you want to go for a UCLA MBA. Of course, even that is at least somewhat a matter of personal preference.

So let’s talk about the most real-world dimension of your decision: your return on investment. The first thing you should figure out is what the investment itself will be. How much does a UCLA MBA cost? The total tuition for the program is currently a little over $65,000 dollars. But Anderson places the total cost at a little over $100k with the cost of living and other additional costs factored in. You can see their full breakdown on this UCLA Anderson profile.

So what’s the return? That depends on where you work and what you get paid once you’ve finished school. Yes, I’m talking about employment outcomes: the kind of job you’ll get after graduation, and what that job might pay.

UCLA Anderson’s Employment Outcomes
Return on investment is the most important decision you can possibly make. The Anderson School of Management understands this, and they’re transparent about employment outcomes in a way that I find both impressive and admirable. The publicly available Anderson report on employment outcomes (PDF) should be required reading for all prospective UCLA MBA students. But below, I’ll also give you some important highlights from that document.

Rate of Employment and Average Pay
First, let’s talk about job placement. 69.3% of UCLA MBA graduates receive a job offer by the time they graduate, and 63.7% accept that job. These stats are admittedly not great, as it means that about a third of graduates don’t initially get a job offer or a job. By three months after graduation, however, the numbers start looking a lot better. At that point, 83.3% of graduates have gotten a job offer, and 78.3% have accepted.

The average salary for a UCLA Anderson School of Business graduate is $132,460. Now, if you already live in Los Angeles or a similarly expensive city, that might not sound like much. But it’s important to remember that UCLA graduates’ salaries vary a lot by region. Regional differences are listed in stunning detail in Anderson’s employment outcomes report; so are differences in pay by industry.

Sign-on bonuses for recently Anderson MBA graduates also vary a good deal. the range for that beginning of employment perk is between $4,000 and $80,000, with an average payout of around 31k. (Again, tons of details on these variations are found in the UCLA MBA program’s own report.)

The Career Paths of Anderson Graduates
Now, I see employment outcomes as a two-piece puzzle: what you get paid, and what you’ll be doing. To put in the second puzzle piece, I’ve created a table of the industries that UCLA Anderson grads find themselves in.

Industries UCLA MBA Graduates Work InPercentage of Graduates

Technology31.8%

Consulting Services25.4%

Financial Services14.4%

Real Estate6.4%

Consumer Products6.4%

Entertainment/Media5.5%

Healthcare4.7%

Education/Nonprofit2.1%

Other2.1%

Energy/Utilities1.3%

So is UCLA good for MBA studies? Ultimately, UCLA Anderson gives you a lot of employment information that can help you make your final decision. They also provide information on internship placement before long-term employment, the specific roles UCLA MBA grads take on in their industries, a list of the companies that hire them, and so on! So be sure to check out the employment outcomes brochure for the program. (I know I keep repeatedly linking it, but it’s great!!!) And take a look at Anderson’s Career Impact website as well.

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FROM Magoosh Blog: Yale SOM MBA: Complete Guide to Admissions
The Yale School of Management (SOM) is an elite school at one of the United States’ oldest universities. Is Yale good for MBA studies? In some ways, the reputation of Yale’s business school precedes itself; it is without doubt a top ranked MBA.  Is it a good fit for you personally? Below, we’ll take a closer look at Yale’s MBA program, including information on the curriculum, application process, and the average Yale School of Management GMAT score.

Yale SOM MBA Program: GMAT Scores, Acceptance Rate, and GPA
When it comes to the class stats for students accepted at Yale, the academic numbers are a great place to start! First, GPA: what GPA do you need for the Yale MBA? Students admitted to Yale SOM’s class of 2022 have a median GMAT score of 3.65.  The middle 80% of admitted students’ GPAs range from 3.31-3.92. Next, let’s talk test scores. Successful applicants have a median GMAT score of 720, with the middle 80% of accepted students scoring between a 680 and 760.  The median GRE score is 165 for Verbal and 164 for Quant, with a middle 80% range of 158-170 for both sections. Yale SOM applies these numbers to arrive at an acceptance rate of 29.7%.

The scores of GRE applicants deserve some additional attention because Yale is on the cutting edge of a growing trend: the acceptance of GRE as an alternative to the GMAT. In 2019, 24% of the incoming Yale SOM class submitted GRE scores. That, in and of itself, is already a high number compared to many other top MBA programs. But then, in 2020, the number of accepted GRE test takers jumped up to 35% for the class of 2022. That’s a nearly 50% increase in students admitted with GRE as opposed to GMAT scores!  If you prefer the GRE to the GMAT, Yale may be an especially good choice for you. (And if you want to take the GRE, Magoosh can help!)



Special Tips for a Top Yale MBA GMAT Score
But then, this is the Magoosh GMAT blog, so I’d be remiss if I didn’t share some GMAT thoughts with you as well. If you’re determined to take the exam and earn a GMAT score that is competitive at Yale, you can begin the process by following these four simple steps:

Now, let’s go beyond admissions stats and get a good overview of the whole class profile for the Yale Master’s Degree in Business Administration program:

Yale MBA Class Profile

Total enrollment350

Median GRE score164 (Q)

164 (V)

Median GMAT score720

Median GPA3.65

Acceptance rate29.7%

Women39%

First generation university students10%

LGBTQ+8%

U.S. Students of Color32%

Underrepresented Minorities11%

International citizens40%

Average work experience4.5 years

(Sources: Yale School of ManagementU.S. News and World Report)

That table provides a good snapshot. But if you want to know more, Yale has you covered. Check out the official Yale SOM MBA class profile page for more info on demographics for accepted students, as well as the academic and professional backgrounds of the newest cohort.

Yale MBA Rankings
Since Yale began offering the MBA in 1999, the school has quickly become one of the most prestigious in the world. The Yale School of Management is regularly ranked in the top 15 programs of the United States, and often cracks the top 10. Currently, Forbes places the Yale MBA program at number 11 nationwide, while U.S. News and World Report puts it at an impressive number 9.

How to Get in to the Yale School of Management: Application Process
The Yale School of Management accepts applications in three rounds throughout the year. The round 1 deadline is in September, round 2 in January, and round 3 in April.

SOM applicants will need to fulfill the following requirements:

  • Complete the online application form, including one essay
  • Provide university transcripts (SOM admission requires a four-year bachelor’s degree or its international equivalent)
  • Submit GMAT or GRE scores
  • Submit two professional recommendations (one of which should ideally come from a recent supervisor/manager)
  • Record and submit live answers to three video questions
    • You’ll have between 60 and 90 seconds to give each video response.
    • The videos are another way for admissions to learn more about all of the applicants, and also to test English proficiency, which is why Yale does NOT ask applicants for IELTS or TOEFL scores.
  • Pay a sliding-scale application fee of $125 to $225. The fee may be waived for candidates who meet one of the following criteria:
    • Current/former U.S. military member
    • Current Yale graduate student, or current undergraduate student applying to the Silver Scholars program
    • Management Leadership for Tomorrow MBA Prep Fellows
    • Forté MBA Launchers or Rising Star participants
    • Peace Corps volunteers
    • MBA Prep Fellows from Management Leadership for Tomorrow (MLT)
    • College seniors and alumni wo participate in QuestBridge
    • Current staff or alumni of Teach for America, Teach for China, Teach for India, or any other Teach for All partner program
  • Schedule an in-person interview if selected to do so.
This set of application requirements can feel intimidating at first. However, Yale does offer a lot of support, as well as additional information that really demystifies the admissions process. To learn more, see Yale’s Admissions pageApplication Guide, and Application FAQ.

Yale SOM MBA Curriculum
How difficult is the Yale MBA coursework?  Let’s look at the curriculum. Yale’s “integrated curriculum” prepares students for multi-faceted roles within an organization by focusing on how areas like marketing, strategy, accounting, and finance all interact one with another.

In each semester, first-year students can expect to study not only individual B-school disciplines, but also the intersections and overlap among them. For example, first-year studies might interweave the basics of economics with the different impacts these economic principles have on different stakeholders within an organization or system.

In their second year, Yale students take elective courses to develop specific expertise in a field of their choosing. Students can learn the nuances of negotiation or advanced management, to give just two examples. Furthermore, students are welcome to take courses from Yale departments outside the SOM.

All Yale SOM students must also fulfill a global studies requirement, which involves international study and/or travel.

For more info, see the Yale School of Management’s own official Integrated Curriculum web page.

What is the Yale MBA program famous for?
From orientation through graduation, students enjoy a number of unusual features of the Yale MBA program.

Dual Degrees and Integration Between Yale MBA and the Rest of Yale University
One feature that helps Yale’s school of management stand out is its dual degrees. As you’ll see on the Yale SOM dual degree web page, Yale MBA candidates have many opportunities to pair their MBA with another discipline and double-major.

The generous double-major pairings that can go with the Yale MBA are part of the Yale initiative to integrate the SOM curriculum with the university as a whole. Because of this, Yale MBA students can take elective classes from many other departments at the university. For more information, see Yale SOM’s “Connection to the Host University” page.

Community Engagement
In addition, Yale’s full-time MBA program is exceptional when it comes to supporting its students and graduates in community engagement and public service careers.  One way the Yale School of Management does this is through its student loan forgiveness program. This program is specifically for graduates who go on to work in the public sector or in nonprofit fields (NGOs, sustainability, community support, etc…).  Similarly, the Yale School of Management hosts the Broad Center, a facility that helps students to prepare for leadership in public education, with an emphasis on underserved communities.

The “Raw” Case: A Different Approach to Case Studies
Like most graduate schools of business, the Yale School of Management uses case studies. Unlike most graduate schools of business, Yale’s MBA students present and organize their findings in what the Yale SOM refers to as “raw” cases. A raw case presents its information in a group of web pages that readers can access in any order they like. The idea is to make academic findings as accessible and easy to navigate as other kinds of popular, public-facing web content.

For more information on how the Yale SOM came up with the raw case approach, and the benefits of raw casework, see this Yale SOM website.

An Organizational Core Curriculum for the Yale MBA
In its core courses, the Yale MBA program gives special attention to organizational perspectives– a look at how companies function from the top down and the bottom up, as well as an examination of the place an organization has in its community and in society at large. Yale’s curriculum embraces complexity and recognizes that a business’ structure and component parts are about so much more than just the CEO! For details on this, you can read Yale MBA’s description of its year one core curriculum.

Employment Outcomes
Last but certainly not least, let’s look at what a Yale MBA can do for your career. After all, career advancement is why you’re interested in an MBA in the first place, isn’t it?

Job Offer and Acceptance Rate
Here are a few quick numbers to get you started: According to the Yale School of Management’s own very detailed employment report, 92.4% of the Yale MBA graduates who are seeking jobs receive a job offer within three months of graduation. Most of the graduates who are offered jobs accept them; 91.4% of job seeking Yale SOM alumni accept an offer within three months of graduation.

Average Starting Pay
“Yeah, yeah,” you might be saying. “I’ve got a good chance of getting a job with a Yale MBA. But what about pay?” Don’t worry, I didn’t forget that– and neither did Yale! In the Yale SOM’s overview of their detailed employment report, you can see that there are two median salaries: one for graduates who accept jobs in the U.S., and another for graduates who accept jobs overseas.

In America, the median salary for a new Yale SOM graduate is $145k. Each region in the U.S. has its own median though, and the range for those medians is $136k (South) to $152k (Midwest).

When Yale MBA graduates go abroad, they earn a bit less. Here, the median– calculated between job placements in Europe and Asia is $110,699. And the two regional medians Europe gives are $106,610 for Asia, and $112,134 for Europe.

The fields you might work vary even more than do the regions. Still, two fields take up the lion’s share of job placements for Yale MBA holders: consulting (36.9%) and finance (23.3%).

For more details, check out the above-linked in-depth employment report and employment report overview. Ultimately, these numbers just might be the most important factors in your final decision. After all, an MBA is all about return on investment!

How much does a Yale MBA cost?
Let’s have a look at the other important component of return on investment: the up-front cost! The “sticker price” for a Yale MBA is high. The Cost Information page for the Yale School of Management currently lists tuition and fees at $76,770. When additional costs of living and study are factored in, the final cost is calculated at $104,752.

Fortunately, there are ways to reduce those costs if you choose to pursue a Yale MBA. For info on how to cut costs and to apply for scholarships and other support, see the Yale SOM’s Funding Resources and Affording Your MBA pages.

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FROM Magoosh Blog: Dartmouth Tuck MBA
Dartmouth College, the smallest school in the Ivy League, is nestled in the mountains of northern New Hampshire. The average GMAT score for Dartmouth’s Tuck School of Business is very high.  However, if you’re interested in a small and intimate program, studying for a high GMAT score will be worth it. Like Dartmouth College as a whole, the MBA program at the Tuck School of Business is uniquely small. This, coupled with its beautiful setting, could make Tuck the perfect program for the right student.

Dartmouth Tuck MBA: GMAT Scores, Acceptance Rate, and GPA
What do you need to know about getting into the Dartmouth MBA program? First of all, take a look at some key stats!

Acceptance Rate34.8%

Average GMAT Score724

Average GRE Score162 (Verbal), 162 (Quant)

Average Undergraduate GPA3.54

Entering Class Size294

Other than the small class size, what does this table tell you? Importantly, it shows just how high the test scores are for successful Tuck MBA candidates. An average of 724 is around the 95th percentile of GMAT scores meaning that students with this score were in the top 5% of test-takers. Furthermore, Tuck’s average score has shot up in the last year, from 720 to 724.

Of course, this is just the average score of all successful applicants! The Tuck GMAT range is really quite broad, ranging from 600-780.  However, the higher your score, the better your chances of admission.



What is the Tuck MBA program known for?
The Tuck School of Business is very small, with a total enrollment of around 500 students. This makes the program extremely small when compared with its competitors HarvardColumbia, and others. But, for many Tuck students, the program’s size is its main strength. Because students are easily able to meet and to get to know each other, the program is said to have more of a collaborative than competitive environment. This can be a welcome relief from the environments at many comparable B-schools.

Most business schools have multiple degree programs in addition to the MBA. But that isn’t so at Tuck: it has only one program, its traditional, two-year MBA. For some students seeking an Executive MBA, a part-time program, or a joint degree program, that’s obviously a deterrent. But for the student who wants an MBA, Tuck believes there are many advantages to attending an MBA-only school. It means that all the resources of the school are focused on this two-year program.

Finally, Tuck alumni can tell you how much they enjoyed Tuck—more than 70% of its alumni contribute to their annual fundraising program! Alumni giving is a pretty strong metric of how much students actually enjoyed their educational experience. (You’re not going to donate to a place you didn’t like, after all.)

How to Get Into Dartmouth’s Tuck Business School: MBA Application
Remember that your GMAT score (or GRE score) won’t be the only factor that the admissions committee looks at! Other factors also matter in admissions. In addition to a high GMAT score for Dartmouth, you’ll want to arrive on campus with substantial work experience. On average, students arrive with 5 years of high-quality prior work.

There are also additional components of the application that you’ll need to complete. Take a look at the criteria Dartmouth will use to evaluate your application.

GPA
As mentioned in the table above, the average GPA of admitted Tuck students is 3.54, or somewhere between an A-/B+ average. Pretty high! If you’re unsure of what your GPA is, you can use this GPA calculator to determine it. If it’s significantly lower than 3.54, but Tuck is your dream school, keep in mind that this is just an average. However, you’ll want to compensate for a lower-than-average GPA with high test scores, standout essays, and otherwise stellar other components of your application!

Essays
There are three main essay questions that all candidates must complete. Each essay must be less than 300 words. There is also an optional essay in which you can explain anything you feel the admissions committee should know. Finally, if you’re reapplying, you’ll need to complete an essay explaining what’s changed since your last application.

Letter of Recommendation
The Tuck MBA program requires two letters of reference, one of which should be from your current professional supervisor. These letters should answer specific questions about you and your work.

Interviews
Applicants in Round 1 and Round 2 will have the chance to interview with Tuck (note that these interviews may happen virtually). After Round 2, interviews are invitation-only and given on a rolling basis. In other words, first come, first served–another good reason to get your apps in early!

Tuck MBA Program Curriculum
Tuck’s program combines the usual classroom learning with electives and projects. The required curriculum is completed over four semesters, with 3-5 required courses each semester. The courses won’t surprise anyone who’s looking at business school: they range from financial accounting to management communication.

In addition to the core curriculum, students take electives during their last two semesters. Here, second-year students have the opportunity to explore coursework most relevant to what they want to do after graduation, whether this is working in ethics, healthcare, or somewhere else entirely.

The Dartmouth MBA program also offers a pathway in management science and quantitative methods for students who have taken 15 MBA credits or more of electives in these areas.

Finally, Tuck MBA students complete a required first year project, in which they apply the knowledge they’ve gained from the program to real-world issues.

Tuck MBA Employment Outcomes
What does the future look like for those who get their MBA from Dartmouth Tuck? Pretty darn bright! At graduation, 81.1% of students have full-time employment opportunities waiting. By three months after graduation, this figure jumps to 92.3%.

The average base salary after graduation comes in at $143,867, and the range of base salaries goes from $64,167 to $200,000. The low end jumps to $80,000 and the average to $146,192 for US citizens. On average, graduates received a starting bonus of $34,171.

Conclusions
For students seeking a well-regarded, small, and collaborative graduate business program at an Ivy League university, the Tuck School of Business might be perfect. The school combines high-quality career prep with a small rural setting that allows for close contact with one’s peers.  All of this means, of course, that admissions are highly selective!  Getting into Tuck is no easy feat. The average GMAT score for Dartmouth’s Tuck School of Business is well into the upper percentiles. Meeting that threshold won’t be easy, but for those who do, it will open the door to a worthwhile two years of MBA education!

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FROM Magoosh Blog: Cornell Johnson MBA: What You Need to Know About Getting In
Nestled in the Finger Lakes region of upstate New York, Cornell University offers its students a bucolic landscape and an Ivy League education. The Samuel Curtis Johnson Graduate School of Management at Cornell is ranked in the top 15 best business schools by U.S. News and World Report. As such, the average Cornell GMAT score is high, and admissions are competitive. But, with the right preparation, you might get accepted to enjoy two years getting your Cornell MBA at the Johnson School in Ithaca.

Cornell MBA Class Profile and Overview
What should you know about the Cornell MBA program’s admissions? Take a look at some quick facts and statistics!

Acceptance Rate39.6%

Average GMAT Score691

Average Undergraduate GPA3.33

Entering Class Size (2-year MBA)304

(Source: US News & World Report)

So what does this mean for potential applicants? There’s little doubt: the Johnson School is a competitive business program for prospective students to get into.

As part of Cornell University, the Johnson School is an Ivy League business school. Irrespective of the MBA program’s prestige, there’s no question that Cornell is a leading research institution worldwide. By going to Johnson, you’ll have the opportunity to witness, and even take part in, cutting-edge business research at Johnson’s research centers and institutes, covering areas from investment to family business.

Because the Johnson School is well-regarded, it comes with difficult admissions prospects, including high Cornell GMAT scores. For the entering class in 2020, the average Cornell GMAT score was 691, with the majority of scores ranging from 640-740 (10th-90th percentiles). Entering students had an average GPA of 3.33. On average, students also arrived on campus with 5+ years of work experience behind them (62 months on average).



How to Get Into the Johnson Graduate School of Management: Application Process
To apply for an MBA at Cornell, you’ll first need to decide which Cornell Johnson MBA program is right for you. See below for an overview, then check out the Johnson school’s details about each program.

If you’re applying for the two-year MBA program in Ithaca, you’ll need to complete the online application, including a resume and a list of activities. Not too far from the norm, if you’re applying to B-schools! What else will you need if you’re applying to the Cornell Johnson school? Take a look!

These requirements are for the traditional, two-year MBA; find out more at the Johnson School’s MBA application requirements page. Other programs, like the Executive MBA, have separate requirements.

Essays
The Johnson College of Business requires a Goals Statement as well as a required essay, with a second optional essay.

The Goals Statement is a series of short-answer questions about your goals in the near and long terms. There are sentences to complete, as well as a 350-words maximum short answer prompt.

The required essay asks you about how you will impact the MBA community at Cornell. Like the Goals Statement, you have a maximum of 350 words to answer this prompt.

The optional essay lets you give insights into any part of your application that might be confusing or unclear. If you’re reapplying to the school, though, note that this essay is mandatory; you’ll need to explain how you’ve improved as a candidate since you last applied.

Test Scores
Cornell Johnson accepts both GRE scores and GMAT scores, as many MBA programs do. However, they are currently reevaluating their use of test scores because of the Covid-19 pandemic.

Because of this, you can request a GMAT/GRE test waiver if you’re applying to the full-time MBA program. This waiver will let you skip testing, in the program’s words, “without negative bias.” Instead of providing test scores, you will write a very short (100 words max) essay about why the academic environment would be helpful for you.

Letters of Recommendation
The number of references you need varies by MBA program, but Cornell Johnson is more flexible than some. You need one letter, but you’re allowed to submit two if you have them. The ad com will consider both!

Interviews
Once you’ve submitted your application, you should be on the lookout for an interview notification. The Johnson MBA program will either invite you to interview; invite you to the waitlist without interview; or reject your application. However, it is mandatory to complete the interview to obtain admission.

Johnson MBA Programs and Curriculum
The two-year MBA is located in Ithaca, far from the hustle and bustle of New York City. The MBA program does not use a standard curriculum. If you’re more interested in working than academic coursework, then the Johnson School might be right for you. Your first year will not be occupied entirely with standard core coursework.

At Cornell, core courses finish after the first semester, with the second semester diving right into performance learning, where field work is integrated with course work. This “immersion learning” involves picking one of eight specialities, from Investment Research and Asset Management to Sustainable Global Enterprise. Students then take courses related to these specialties while touring businesses in the area and completing projects related to them. The second year is spent primarily on electives; these electives concentration elective courses.

The one-year MBA is also located in Ithaca. However, this accelerated program is not for all candidates; it focuses on STEM subjects, as required courses have a strong quantitative bent. According to the Johnson website, this program focuses on “data analytics, technology, and other similar disciplines integral to contemporary business leadership.” There are also dual degree options available for this program.

For students with more specific interests or more advanced qualifications, Johnson offers several executive MBA programs (including an international option called EMBA Americas), a tech-focused MBA, and a healthcare-focused MBA. It even offers the world’s only global business program that is part-time and conducted dually in both English and Mandarin Chinese, through a partnership with Tsinghua University. However, this program is located in Beijing, rather than Ithaca.

Why the Cornell MBA Program Might Be Right For You
If you’re looking for an intimate, tight-knit graduate program in a rural college town, then the Johnson School might be a good fit for you. Keep in mind, though, the competition will be fierce: Cornell GMAT scores are high (average GMAT score: 691), and acceptance rates are low. If you are admitted, though, you are sure to benefit from a world-class education with impressive classmates!

Cornell’s Johnson School distinguishes itself from other leading business schools because of its small and close-knit community. With 59 full-time faculty members and about 571 full-time MBA students, the bulk of Johnson students are enrolled in the two-year program, with a smaller number choosing the one-year option (source).

The Johnson School is located in Sage Hall, where students will take most of their classes. The Johnson School is renowned for its performance learning concept, which allows first year students to integrate course work with field experience across one semester. This immersive experience combines analytical frameworks from the classroom with the ability to see how theories and case studies apply to real-world issues, as students then visit work sites.

Cornell MBA Employment Outcomes
What can graduates of Cornell Johnson expect from their careers? Though these vary significantly depending on the specific degree, full-time graduates can anticipate both high job placement rates and high earnings. However, it’s important to keep in mind that graduates receive a wide range of possible salaries due to differences in their fields and locations.

For the class of 2020, large numbers of MBA students had jobs lined up at graduation: 84.6%. This rose to 90.3% three months after graduation.

The mean base salary of graduates is also impressive: $138,767. However, keep in mind that base salaries for graduates ranged from $77,000 on the low end to $200,000 on the high end.

Finally, signing bonuses also fall along a wide range. The average signing bonus was $36,391, but these ranged from $5,000 to $105,000–a pretty drastic difference!

For more information on Cornell employment outcomes, check out the school’s page in the US News & World Report, as well as their own employment data.

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FROM Magoosh Blog: How to Improve Your GMAT Score: 17 Tips
Hitting a wall when you’re trying to improve your GMAT score can be incredibly frustrating. You’re putting in the time and the effort, but your score just doesn’t seem to be going up. Trust me—we understand! At Magoosh, we’ve met many students who’ve fallen into a GMAT rut—and helped them break out of it. With that in mind, here’s how to improve GMAT scores in 17 quick tips!

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[url=https://magoosh.com/gmat/gmat-study-schedule/]GMAT study plans[/url] for schedules ranging anywhere from one to six months. You can also find math- and verbal-based schedules, as well as an advanced schedule if you’re starting high and aiming for a top score.

6. Get Your Timing Down
Though it’s not something that should worry you overly when you first begin studying for the GMAT, mastering timing and pacing on the test is an important way to boost your scores. Find out what you need to know about your [url=https://magoosh.com/gmat/gmat-timing-strategy/]GMAT timing strategy[/url]!

7. Spend Time With Official Materials
I’ve already mentioned how important solid materials are for your GMAT prep. Analyzing old [url=https://www.mba.com/exam-prep/gmat-official-starter-kit-practice-exams-1-and-2-free]official tests[/url] is a great way to build your familiarity with the test while getting used to analyzing complex texts and real prompts, of the type that you’ll see on the official exam.

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[url=https://magoosh.com/gmat/facts-about-ordinary-triangles-on-the-gmat/]triangles[/url] – and other concepts of [url=https://magoosh.com/gmat/gmat-geometry-is-it-a-square/]geometry[/url] – later. For now, let what you’ve learned incubate.

11. Be a Generalist
Imagine you have a greenhouse, filled with a variety of plants: rhododendrons sit beside of marigolds, geraniums lounge next to chrysanthemums. What would happen if you only watered the geraniums? Well, the chrysanthemums and marigolds would wilt. But even the geraniums would not fare so well, glutted with too much water.

The different concepts on GMAT math are much like the different flowers in our imaginary greenhouse. You do not want to spend too much time on one concept, letting what you learned previously wilt, as it were. Nor, to continue the metaphor, do you want to overwater the same plants. Plants, just like the neural connections in our brains, need time to grow in between watering.

To turn this into practice, review concepts you’ve already gone over. A great way to do so is to work through the OG guides. Concepts are scattered about randomly in both the Problem Solving and the [url=https://magoosh.com/gmat/gmat-data-sufficiency-tips/]Data Sufficiency[/url] sections. Encountering concepts you’ve already studied will be akin to giving the plants in your greenhouse a tiny spritz of water.

Of course, there will be concepts you haven’t seen before – but that you’ll get to in time. Skip these or try them anyways, as it is good to determine your weaknesses and strengths (continuing the plant conceit – some plants need more water than do others).

12. Awaken Your Calculator Brain
This one is big—but is surprisingly oft overlooked. By doing mental math exercises (multiplying, dividing, etc.) you can save a lot of time on the test.

Some of you might balk thinking that [url=https://magoosh.com/gmat/can-you-use-a-calculator-on-the-gmat/]calculating in your brain[/url] is either a waste of time or, at best, a perilous route. However, like any skill, mental math is something that can be developed. By becoming adept at it you will move much faster through the test than you would furiously scribbling on the pad GMAT provides. Anyhow, writing numbers down hardly ensures that you will avoid making calculation errors.

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[url=https://magoosh.com/gmat/reading-for-the-gmat-the-economist/]Economist magazine[/url] every week. Bloomsburg Businessweek is also excellent. It can also be helpful to read the business and world politics sections of well-respected newspapers such as the New York Times. Part of success in business is understanding the trends. Start learning these trends now, before beginning business school, so that, by the time you start your career, you will already have your finger on the pulse of your sector. Read as if it might make the difference between a mediocre career and wildly successful one, because it just might.

14. Make “Additional” Reading Part of Your Routine
Don’t get me wrong: I am not suggesting that any amount of outside reading could replace GMAT-specific practice — studying GMAT preparatory material and answering [url=https://magoosh.com/gmat/free-gmat-practice-test-resources/]GMAT practice questions[/url]. Of course you have to do all the GMAT-specific practice. The hour of reading I am suggesting is over and above any time spent on GMAT-specific practice.

I am recommending an additional hour of work each day  I know some folks already have tight schedules, fitting in GMAT practice after a demanding day job. Of course, many business executives use the occasion of a meal alone to read. You might also consider whether you can reduce any electronically supplied entertainment.

Especially for non-native English speakers, a habit of daily reading is one of the habits of excellence.  The reason most people don’t achieve excellent results is that they are not willing to commit themselves fully. There are sacrifices needed to bring [url=https://magoosh.com/gmat/gmat-diagnostic-test/#excellence]excellence[/url] to one’s daily practice. Don’t underestimate how much your little everyday choices shape the course of your life.

15. Focus on GMAT Reading Comprehension Skills
When you read an article, make sure you can identify the “main idea.” Make sure you understand the role that each paragraph plays in the overall argument. If the author mentioned a particular detail or fact, make sure you understand why the author mentioned it. Think about what the author is implying—what we can infer even though it is not explicitly mentioned? These are the same types of skills you’ll use for [url=https://magoosh.com/gmat/how-to-study-for-gmat-reading-comprehension/]Reading Comprehension[/url] questions!

16. Focus on GMAT Critical Reasoning Skills
All the newspapers and journals I mentioned above present arguments. They report on public figures and business figures who themselves make various arguments. In the Op/Ed section of a newspaper, the editors of the paper state their own opinions, often in the form of logical arguments for or against something. In all these arguments, apply GMAT CR analysis. What are the evidence, conclusion, and assumptions? What are possible strengtheners or weakeners? What additional information would you need in order to evaluate the argument?  Pay close attention to which kinds of information are the most persuasive and which kinds of assumptions are typical. This is a very funny thing about GMAT [url=https://magoosh.com/gmat/introduction-to-gmat-critical-reasoning/]Critical Reasoning[/url]: you don’t need to be an expert on any particular topic, but you do need a general sense of the push-and-pull of real-world scenarios, and you only get this through [url=https://magoosh.com/gmat/gmat-critical-reasoning-and-outside-knowledge/]outside reading[/url].

17. Focus on GMAT Sentence Correction Skills
Sentences in The New York Times and the Economist are of particularly high quality. Look at long complex sentences. What are the independent clauses? What are the subordinate clauses? What [url=https://magoosh.com/gmat/modifiers-on-the-gmat-sentence-correction/]modifies [/url]what?  Identify [url=https://magoosh.com/gmat/parallelism-on-the-gmat-sentence-correction/]parallelism[/url] wherever it occurs, and figure out what [url=https://magoosh.com/gmat/dropping-common-words-in-parallel-on-the-gmat/]the omitted words[/url] are in the second branch of the parallelism. Notice how rarely the [url=https://magoosh.com/gmat/active-vs-passive-voice-on-the-gmat/]passive voice[/url] is used, and when it does appear. Notice how the language is used to transmit meaning and avoid ambiguity or redundancy. Again, you’ll use these same skills on [url=https://magoosh.com/gmat/gmat-sentence-correction/]Sentence Correction[/url] questions!

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[url=https://magoosh.com/gmat/how-long-should-you-study-for-the-gmat/]how long you should study for the GMAT[/url] can help you answer these key questions!

And if you’re considering studying for a GMAT retake to raise your official score, check out this post on whether you should [url=https://magoosh.com/gmat/should-i-retake-the-gmat/]retake the GMAT[/url] to find out everything you need to know about prepping for a second—or third—GMAT!

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[url=https://magoosh.com/gmat/how-to-improve-gmat-score/]How to Improve Your GMAT Score: 17 Tips[/url] appeared first on [url=https://magoosh.com/gmat]Magoosh Blog — GMAT® Exam[/url].
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