gmatclb wrote:
rhyme wrote:
Wow what a thread. It's funny in a sense, I had been thinking about this over the last few weeks. Now that I've been through it, I realize just what a pile of bullshit the whole process is - from applicant to adcom. The number of applicants I've seen take on roles solely for the purpose of admission, who really don't care - heck I know one guy who just called up his Fraternity president and got him to say he'd been actively involved for years in their community service activities, even gave him a "title"- all the way to the adcoms that preach GMAT doesn't matter but the numbers speak for themselves. Just find the Kellogg thread, there's absolutely no question that GMAT plays a huge role. Unless you believe that the GMAT is actually a great predictor of ability - and thus those with high GMAT scores will likely have better careers and better essays - there's absolutely no question that the numbers do 100% play into the whole thing. I'm tired of hearing from adcoms that GMAT "is just one piece" - its like my telling you the engine of my car is just "one piece". Sure, thats true, but without it, I'm not going very far am I? Just be honest and say "Yea, its just one piece, but if it's not good, your odds are slim. Not impossible, but substantially harder. We care because it affects our rank, so we need to be careful with GMAT scores." That would seem to be a much more honest answer.
Which Kellogg thread are you referring to? The R2 thread? I just read it and don't see anything referring to the GMAT.
Post a link?
https://www.gmatclub.com/phpbb/viewtopic ... hlight=640
It's a long thread. If you want the gist of it, read my first post, then my second post and then read pelihu's post where he argues yield spreads are likely much larger (which I agree with).
In short what you end up with is statistical evidence, even assuming a flat yield curve (which is totally not reasonable) - the odds of admittance with a <640 score are 10% or worse, and with a 750 or above 42% or better.
If you look at pelihu's post, its more like 7% or worse, and 52% or better.
The concept that GMAT is "just one piece" is clearly debunked - regardless of whether or not you assume flat yields across.