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When to take the GMAT?

When to take the GMAT?
Overall MBA Application #strategy: Average scores are creeping higher every year at the top MBA programs, making it hard to offset a bad GMAT score. Timing and planning are key to reducing the stress of the application process. Since both GMAT and GRE scores are valid for five years, getting the exams out of the way years in advance would free you to focus on all of the other elements of the application. If, like most applicants, you didn’t have the foresight to take the exam right after college, the next best step is to plan your application strategy so that the GMAT is finished before you finalize your list of schools. Your score isn’t everything, but it is an important part of the admissions equation. For whatever MBA admissions round you’re targeting, your target date for taking the GMAT should be at least two months before your first application is due. The deadline for taking the GMAT will vary dramatically depending on the admission procedures of each school to which you apply, and the term in which you are planning to enroll. Keep in mind that you can take the GMAT up to 5 times, but never more than once per calendar month (including a month in which you cancel your score), even if you have cancelled your score. Most applicants devote at least 100 hours to test preparation, and depending on where you are in the process, you may have to take a prep class and perhaps take the test more than once. If this is the case, the first round may not be a realistic option unless you’re able and prepared to completely immerse yourself in the process. A1 Applications usually open in the summer, but start thinking before then.  It’s never too early to start planning! How to avoid mistakes in MBA applications? From disorganized resumes to poorly written personal statements, there are a number of mistakes an applicant can make when applying to business school. With some guidance, though, they can avoid these pitfalls and stand out from other prospective students. Many applicants turn to admissions experts for help and advice on which admissions round to enter, how to get strong letters of recommendation and what to say during an admissions interview. “Whether you’re a star candidate or an average one, you can play up your best qualities.” You just need to understand what it is about your background that will make you the best possible candidate – and then prove it clearly in your application and interview. Your resume needs to tell the story of the ‘real’ you – the person behind those #GMAT scores and that work experience. So don’t pretend to be the perfect MBA candidate. For one thing, that person doesn’t even exist. An MBA admissions officer at a leading US business school says the most common error she sees is applicants who are “trying to be someone they are not, and trying to impress the admissions committee.” GMAT scores: Stanford University had the highest average GMAT score for incoming full-time students in fall 2014, according to data submitted to U.S. News. Below are the 10 business schools with the highest average GMAT scores for incoming full-time students in fall 2014. Business school  Enrollment (fall 2014) Average GMAT score B-School rank Stanford University (CA) 410 732 1 University of Pennsylvania (Wharton) 859 728 3 Harvard University (MA) 935 726 2 University of Chicago (Booth) 583 724 4 New York University (Stern) 344 721 11 (tie) Yale University (CT) 323 719 13 (tie) University of California—Berkeley (Haas) 241 717 7 Columbia University (NY) 743 716 8 Dartmouth College (Tuck) (NH) 281 716 9 University of...
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Making It to B-School of Your Choice

Making It to B-School of Your Choice
Making It to B-School of Your Choice Without having the right knowledge, right from preparing for competitive exams through filling out applications and landing on the right business school, might prove to be a tough journey. This article focuses on throwing some light on the pre-requisites and procedures involved in applying for B-Schools… In Case you have admits from multiple business schools, what will be the criteria of selection?  Teaching methodology  Approach  Reputation or Brand value Specializations on offer Location Please understand that every business school has its own strength and it is up to you to go for the one that best suits your needs and budget. Now let us look at some of the pre-requisites needed for admission into B-Schools. Academics: 1. Undergraduate or Graduate GPA (Graded Point Average) 2. Academic Excellence 3. GMAT score Work Experience: You level of performance at work speaks for you during your admission. Business schools love to know about your career advancement, leadership qualities, various positions handled and the ability to handle a group. Goals: Try to chart out a list of goals which are in line with what the school has to offer in order to facilitate your position in the job market after the course. Extracurricular activities: Those qualities that you have developed and specialized over a period of time will distinguish you from the rest of the pool and give you an edge. Say, if you are an extempore speaker, you stand a chance to impress your interviewers in GD (group discussion). GMAT Preparation:  You need a systemized study plan and practice  Aim for a high GMAT score to secure your admission  Get yourself enrolled in a reputed coaching center Filling out Applications: You should take some professional help when it comes to strengthening your resume and create poignant #essays to catch the attention of admission committees. Social media has its say to help you find a professional coach and having a fruitful conversation. Interview stage: This by far is an achievement in itself, especially if you are planning to go abroad. Call for an interview implies that the admission committee is impressed with your profile and keen to know more about you. You should research on interview experiences of past students and seek feedback from a trusted friend or a professional coach. A wait list may come as a rude shock but you need not lose hope. Try to follow the instructions stated by the school and go for additional recommendations if they encourage you to update them with changes in your profile. Handling Rejects: Connect with the associated person in the admission office to know the reason for rejection. Work on those weak areas and revise your plan. Gear up to beat the competition and never lose hope. Connecting with an Overseas Educational Consultant: This will help you in knowing the procedures pertaining to each institution of your choice. You would have heard of SOP – Statement of Purpose which is the key to getting admission or visa even if your academic averages are below par. A consultant comes into picture when you have zero knowledge about international application process, visa application, SOP, passport clearance, visa medicals and so on… AK CONSULTANTS – THE CAREER DESIGNERS It might be a little overwhelming if you don’t have a supporting hand because there will be lot of application filling and email transactions back and forth. The author Shyama Shankar is an expert academic content writer on business and management. Being a HR specialist, She likes to supplement information on job interviews, compensation, entrepreneurship and motivation to the readers. The following infographic gives you a clear idea on the...
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