Category Archives for "GMAT"

The Best Business Schools

What Is The Best Business School?

The real question is how to find the best business school for YOU. There are a couple of things you should consider.

One, think about the size of the school. If you enjoy more personal feel to the classroom then look for a small school.
Two, does the school offer the major you wish to study and if so how strong is the school in that field of study.
Three, talk with current students and faculty. They will provide you a wealth of inside information that you can’t find in any book.
Four, consider the cost of the school and how much financial aid the school can provide you. Ask what kind of scholarships you might be eligible for.
Last, find out what kind of support the school provides you when looking for a job after you graduate. Are employers recruiting graduates from that school? The more information you can obtain will help you narrow down which school is best for you.

What Career Choices Do You Have With A Business Degree?

This depends on which business major you choose. If you majored in accounting you would be looking to become a CPA. All businesses need accountants or have someone with knowledge of accounting for tax purposes and to figure out if the company is profitable or not. There will always be a high demand for good accountants.

If you majored in finance there are a number of career paths to choose from. You could work for a bank as a mortgage broker or be a trader at a board of trade firm. All businesses need someone to help evaluate how much things are worth. Having a financial background makes you a hot commodity.

There are a lot of advertising firms looking for fresh ideas from new marketing and advertising majors. The career path possibilities are endless for business degrees; you just have to find something that interests you.

Top Business Schools:

Top Online Business Schools

Business Degree in Human Resources

Human resources officers or managers, also known as personnel officers/managers, are responsible for the recruitment, development, and welfare of their company’s employees. Human Resources Officer Job duties include:

  • Advising on matters like pay negotiations, redundancy, and employment law
  • Promoting equality and health and safety
  • Dealing with grievances and disciplinary procedures
  • Arranging services such as staff welfare and counseling
  • Making sure staff have the right pay and benefits
  • Providing staff training and development
  • Keeping employee records
  • Working with other managers to plan future personnel needs
  • Recruiting staff – advertising and interviewing

Career Goals For Human Resources Officer:

  • Senior Human Resources Professional. This requires 10+ years of experience. Experience working effectively across all areas of Human Resources including: benefits administration, OSHA/Workers Comp, payroll, industrial and labor relations, recruiting, training and development.
  • Secure a position in the field of Human Resources with a progressive corporation. Many graduates hope to become part of a team whose goal it is to facilitate a safe and thriving workplace.
  • Professional Human Resources Coordinator. This position requires extensive experience in providing general human resource support. You need to be an excellent team player but equally capable of working on your own with minimum supervision.

You must have a proven track record working in a fast-paced environment and in maintaining confidential records and information. Your level of experience and proven skills will be a welcome asset to your organization. Skills include well-developed knowledge of:

  • Internet research and Email
  • Adobe Premier Pro
  • Microsoft PowerPoint
  • Microsoft Excel
  • Microsoft Word
  • Excellent in most Microsoft applications

Note: Examples should be edited to fit your personal situation.

Business Degree in Accounting

Auditor
An auditor’s job is to check for accuracy and efficiency within an organization. External auditors examine financial accounts and are usually qualified accountants, whilst internal auditors usually focus on policies and procedures. Auditor Job duties include:

  • Making recommendations for improvements.
  • Establishing good working relationships with clients
  • Assessing the company’s financial reporting systems
  • Identifying any problems or risks to the business
  • Collecting and interpreting figures
  • Examining company accounts

Career Goals For Auditor:

  • Certified FHA DE Underwriter and Private Investigator with significant experience in credit/fraud investigations and management skills by auditing, evaluating, researching and identifying infractions revealed during compliance inspections.
  • Utilizing your accounting/auditing qualities in a challenging and rewarding setting.
  • Securing a position where you can use your experience and knowledge and where you will have the opportunity for advancement within the company.

Skills Include:

  • Well-developed communicative capabilities
  • Must have an investigative nature
  • Financial and accounting skills
  • Able to work under pressure

Note: Examples should be edited to fit your personal situation.

Business Degree in Marketing

Are you looking for a marketing job? Of course, if you’ve some kind of higher qualification in the bag already, such as a business-related degree or diploma, that’s a good start. But now what? It’ll help if you know what sort of personal skills prospective employers might be looking for. Then you’ll know if a marketing career is even right for you. However, in measuring your suitability, or otherwise, honesty is key.

If there’s one skill employers perhaps consider more important than any other then it has to be good communication skills. And it’s not simply the ability to chat away to your boss, client, neighbor or whoever. It’s about communicating effectively ideas, concepts, strategies and the like in a clear, concise and meaningful manner. After all, if you can’t convince your colleagues your latest idea is the best thing since sliced bread, how are you going to persuade the client?

Other skills vital for a successful marketing career include the ability to organize, plan and prioritize not only campaigns, but also day-to-day time. Often it’ll mean delivering campaigns and projects within an extremely tight timeframe. And that usually means pressure piled on pressure. Some people thrive within such an environment. Others simply won’t. How would you do?

The internet has transformed marketing in so many ways. Now with Facebook, Twitter, Google and other search engine advertising and marketing, it is possible to communicate and to build relationships with customers in an instant. So are you up to speed with the constantly changing face of the World Wide Web? More and more marketing companies are opening their doors to people who are.

You’ve got the skills, you’re certain a professional marketing career is for you, so where do you find the jobs? Personal contacts, for starters, maybe even family, certainly friends – including those you made at university or college. Don’t forget lecturers, because they may have direct contacts within the industry which they’ve built up over the years. Try the jobs section of national newspapers, such as the Guardian, or subscribe to specialist magazines like MarketingWeek. Then there are the hundreds of online job sites advertising thousands of marketing positions both in the UK and across the world.

You’ll need a first class professional CV and a great covering letter just to get in front of a prospective employer. Remember, this is the moment when you really have to sell yourself! After all, if you can’t market you, how will you ever market one of the company’s clients? Don’t, however, come across as too cocksure at the interview. A meek and mild-mannered attitude will win you no favors either. But a relaxed and balanced approach will certainly help you get a job in marketing.

 

GRE ETS Test

The GRE® is used by Graduate Schools and Business Schools to assess a student’s skills and level of academic knowledge, and also measure
his or her critical thinking competencies. The GRE test will provide students with more opportunities for academic achievement and success. The GRE exam is used much in the same way as the GMAT exam. Learn about GMAT prep options here.

If you are considering to continue your education at graduate school or business school, or maybe haven’t yet decided what you want to do, you just need to take the GRE® General Test which is accepted by numerous business and graduate schools across the world. The GRE is a graduate-level admissions test that allows you to skip questions, go back and forth, change your answers, and tackle those questions first that you know the answer to.

The GRE General Test provides also the ScoreSelect®option. This allows you to take a GRE test over and over again, and you will be able to send only your best scores to your desired school(s), and don’t forget that your scores will be valid for five years! Yes, you have five years to see how you will use your scores. Now if you are aware of this possibility, you definitely will feel more at ease and confident on testing day. To get all set for the GRE, you can use ETS’ official test prep tools such as the mobile app and a prep program named ScoreItNow!™.

The GRE General Test will help you get the best results on test day. If you choose for the GRE General Test, you will decide which ones of your scores you will send to your favorite school(s). So in case you’re feeling you didn’t do well at your test, no problem, you can take the test again as many times as you want, and send schools just the scores that you want them to see. This is in the ScoreSelect® option, only offered with GRE testing.

The GRE General Test comes with question types that are reflecting the kind of reasoning that will be expected of you in business or graduate school:

Verbal Reasoning. Questions on verbal reasoning assess your skills in analyzing and evaluating written material, your competencies in synthesizing information obtained from that material, analyzing relationships between component parts of sentences, and recognizing relationships between words and concepts.

Analytical Writing. Here, your critical thinking proficiency is measured, as well as your analytical writing skills, particularly your articulation skills and how you can support complex ideas effectively and clearly.

Quantitative Reasoning. The Quantitative Reasoning section is measuring your problem-solving competencies while using basic concepts of algebra, geometry, arithmetic, and data analysis.

Who Take The GRE?

The GRE General Test is developed for business and graduate school applicants from across the globe who wish to pursue an MBA, a Master’s in business specialization or doctoral degree. Applicants are coming from a wide variety of cultural and academic backgrounds, and the GRE Test will provide schools with a standardized test result to compare the qualifications of applicants. GRE scores can be used by admissions committees together with students’ undergraduate records, recommendation letters, work experience, or other qualifications.

The GRE can be taken at over 1,000 test sites in over 150 countries, and the computer-based test can be taken on an ongoing basis in the larger part of the world. In Taiwan, Korea, Hong Kong, and Mainland China, the computer-based GRE test can be take up to three times a month, and in portions of our planet where computer-based testing is not possible or available, a paper-delivered GRE test is offered at usually three times a year, in February, October, and November. The GRE is accepted by numerous business and graduate schools.

ETS offers many prep options to get you all set for the GRE test. You can check out the ‘Official Guide to the GRE®’ but there are also plenty of other helpful resources available. The ETS GRE official prep book (POWERPREP II) includes four complete GRE practice tests (2 in the book and 2 on CD), numerous authentic test questions including answer explanations, advice on the best test-taking strategies, sample essays, and a lot more. POWERPREP II (version 2.2) is available both in print and in an eBook version, and is PC- and Mac-compatible.

Official GRE® Guide App
The Official GRE® Guide app is actually the only GRE app directly available from the GRE test developer. It features authentic GRE questions, all with answers and elaborate explanations. The Official GRE App allows you to have the experts near you, where you want, when you want.

5-Year GRE Score Validity
For those individuals who took the GRE test from July 1, 2016, the test scores have a validity of five years, measured from the date your test was administered. Scores for a GRE test taken on July 6, 2016, for example, are valid through July 5, 2021.

For persons who took the GRE test in the period August 1, 2011 – June 30, 2016, their GRE test scores are having a validity of five measured from the testing year they took the test. Be aware that a year means an academic year, so if you took the test, for example, on May 12, 2014, your test scores can be used through June 30, 2019. GRE test scores achieved in August 2011 can be used until June 30, 2017.

If you want to compare the GMAT vs the GRE, check out this interesting article.

What’s The Average GMAT Score

The average GMAT Score

The U.S. News reported that among all the MBA programs that recently provided data on GMAT scores, the average was 630, much lower than the 722 average among the top 11.

  1. Stanford University (CA)  – Average GMAT score: 733
  2. The University of Pennsylvania (Wharton) – Average GMAT score:  732
  3. The University of Chicago (Booth) – Average GMAT score:  726
  4. Harvard University (MA)  – Average GMAT score: 725
  5. Northwestern University (Kellogg) (IL) – Average GMAT score:  724
  6. Yale University (CT) – Average GMAT score:  721
  7. New York University (Stern)  – Average GMAT score: 720
  8. Dartmouth College (Tuck) (NH) – Average GMAT score:   717
  9. Massachusetts Institute of Technology (Sloan)  – Average GMAT score: 716
  10. Columbia University (NY)  – Average GMAT score: 715
  11. The University of California—Berkeley (Haas)  – Average GMAT score: 715

Overview of the GMAT Test

GMAT® stands for Graduate Management Admission Test, and it is a standardized examination that most business schools require as it measures a student’s academic skills and knowledge. The GMAT does not come with questions that measure your knowledge and understanding of business standards and practices.

The GMAT is a computerized examination that can be taken on six days of every week in the year. You can take the GMAT at practically any time you wish, you should remember that you can take the test only once per month, and up to 5 times on an annual basis.

The Graduate Management Admission Test is a web-based computer-adaptive examination that is taken every day by many applicants from all across the globe in order to qualify for an MBA program (or some other related academic degree) at most top business schools all over the world.

How does GMAT scoring work

Your total GMAT score is a combined result of your verbal and quantitative scores. It is an indication of how you performed on the multiple-choice parts of the GMAT. Both the Analytical Writing Assessment (AWA) and the Integrated Reasoning (IR) sections of the test have no influence on the 200 – 800 score, they are scored independent of the other sections.

If your GMAT score is not in the ballpark, they won’t let you play the game. The GMAT Score Report includes five sections:

  • Verbal Score (scaled 0 – 60)
  • Quantitative Score (scaled 0 – 60)
  • Total Score (scaled 200 – 800)
  • AWA (Analytical Writing Assessment) Score (scaled 0 – 6)
  • Integrated Reasoning (IR) Score (scaled 1 – 8)

GMAT Verbal and Quantitative Sections

The GMAT applies an algorithm to compute the scores for the Verbal and Quantitative sections of the examination. The algorithm scores in accordance with these factors:
– How many questions were answered within the allowed time
– How many questions were answered correctly in that period of time
– The given characteristics of the questions that were answered (such as difficulty level)

At the start of each GMAT section, the exam gives a question in the mid-difficulty range. When the test taker answers that question correctly, the following question is going to be more difficult, and the score is adjusted upwards. In case the first question is not answered correctly, the subsequent question is going to be easier, and (as you guessed) the score is adjusted downwards. This is an ongoing process, and test-takers are not seeing the adjustments. Score reports will not be revealed before they have completed the entire exam. This ongoing algorithmic process is permanently recalculating the students’ scaled scores as they progress through the GMAT sections.

By the time an applicant has proceeded through a section and has answered more questions, the algorithm has obtained more and more information about the student’s knowledge and skills, and will be calculating a more and more accurate score with continuing greater precision. Herein lies the reason that questions at the start of each section are counting far more heavy than questions toward the section’s end. To give you an idea: when you have come to question 36, the computer already received information from 35 questions to derive your best score range. Even if you answer question 36 correctly, would your score be minimally increased in comparison to how a correct answer would have influenced your score at question 2.

When they have completed the GMAT, applicants must choose if they want to keep their test results or not. Applicants who decide to keep their test scores can see their overall score and also view their Verbal Score and their Quantitative Score. Students who decide not to keep their scores cannot view anything.

How the GMAT Score value is decided

The GMAT score value is decided by the test’s percentile ranking, meaning the score value is set in accordance with the percentage of students that scored at (or below) a specific score: when the percentile ranking is higher, the score is more competitive.

The GMAT’s overall scaled scores are ranging 200- 800, we see that about 50 percent of all students have scored in the 400 – 600 range. A 560 points score puts a student at the 49th percentile, and is for that reason the average score of the entire population of test-takers. The Verbal Scaled Score and the Quantitative Scaled Score are as well determined percentile rankings.

We know that both the Verbal section and the Quantitative section are scored on a scale from 0 to 60, but the percentile ranking for the Verbal Section’s scaled score may be different from the Quantitative section scaled score’s percentile ranking. To give you an example, on the Verbal GMAT Section would a 38 scaled score place a test-taker in a percentile range of 84, whereas exactly the identical scaled score would put a test-taker in the 44th percentile range on the Quantitative GMAT section.

GMAT® is a registered trademark of the Graduate Management Admission Council (GMAC). This website is not endorsed or approved by GMAC.

Manhattan GMAT Review

One of the leaders of GMAT prep in the U.S. is Manhattan GMAT. The company features a phenomenal 10-volume preparation set that includes volumes on Mathematics, Critical Reasoning, Reading Comprehension, and Sentence Correction.

Be aware, though, that the Manhattan GMAT prep requires you to have basic knowledge and understanding of math. This is not for the beginner, and if you need a Math Foundations book, they have one but maybe Kaplan is a better option.  Though the MGMAT prep books are seen as a great help, many students will not be able to operate at the books’ level when they begin. Many students will need more support in math first, and others, more support in verbal skills. On the other GMAT subject fields, MGMAT’s foundation books are very useful.

MGMAT has really set the standard when it comes to GMAT prep material in print, and the company’s 10-book set is perfect for students ready to get all set for the challenging GMAT (Graduate Management Admission Test). Some refer to the MGMAT prep books as ‘the GMAT bible’. For students who are not ready to take a dive into the deep yet, MGMAT has published two books with foundational studies that precede the required high-level GMAT preparation.

These books are not meant to get you sufficiently prepared for the GMAT, they are merely intended to get your basics in order, so will be able to use the 10-volume MGMAT prep set effectively.  Let’s take a closer look at some of MGMAT’s foundations books and their prep books on Math, Critical Reasoning and Reading Comprehension.

GMAT Math Foundations

The MGMAT Math foundation book addresses all basic fields of math: algebra, geometry, and arithmetic. You won’t learn about more advanced areas (for example statistics, probability, or counting problems), and for students who never felt comfortable in high-school level math, this will be a good help to get up to speed with the GMAT questions. The book comes with many practice problems to work on your basic skills, but at a level much simpler than at the GMAT. Keep in mind though that if you really are a beginner, this will be too much already, so consider Kaplan.

GMAT Verbal Foundations 

This MGMAT book takes you through all the elementary knowledge of grammar required for Sentence Correction, all the fundamental elements of reading needed for Reading Comprehension. and address all the basics of arguments required for dealing with Critical Reasoning. This MGMAT book is actually one of the best instruction resources found in print. This volume is also ideal for students from India, because it addresses Indian English differences with regards to what is acceptable English on the Sentence Correction section.

Manhattan GMAT Mathematics (Books 1-5)

MGMAT offers probably the most rigorous and in-depth approach to GMAT Quant. For applicants already having more than just a basic understanding of math, these five Math guides are perfect to help their math score soar. The five books are on Number Properties, Fractions, Decimals & Percents, Equations, Inequalities, & VICs, Word Translations, and Geometry. But once again, these MGMAT math books are in no way appropriate for beginners. For students already good in Quant, MGMAT offers one of the best prep course to get perfectly set for this section of the GMAT. In combination with the Official GMAT Guide and access to GMAT’s CAT exams, you’ll have the best resources to apply the concepts that are covered in these books.

Manhattan GMAT Critical Reasoning Guide
MGMAT’s Critical Reasoning book is seen by some teachers as not so effective, and some say that the content is not reflecting the actual GMAT questions on Critical Reasoning accurately enough. On the other hand, though, you will pretty much learn all the basic strategies to tackle the GMAT appropriately, but if you have the idea that MGMAT’s general strategies and diagramming do not apply so well to actual GMAT questions, you know that you have more options to deal with Critical Reasoning preparation. Kaplan, for example, comes with a more straightforward approach to Critical Reading questions in the eye of many critics, but again, that’s what they think, and if you feel MGMAT’s Critical Reasoning book fits you well, that’s perfectly fine.

Manhattan GMAT Reading Comprehension

Some critics say that MGMAT’s book on Reading Comprehension is a bit heavy on the theory, and that some more practice exercises should have been included, and fact is, it is not user-friendly in the way MGMAT Sentence Correction is, and also several critics find Kaplan’s GMAT Reading Comprehension easier to use, though the (too) easy take of Kaplan could pose some problems as well.  On the other hand, this book is of great value if you use it together with the Official GMAT Guide, and students will make considerable gains in Reading Comprehension. So though the book may be not really user-friendly, it is a great help to get confident in Critical Reading.

Best GMAT Prep

A few blank sheets ready for been filled in a exam.

When you’re looking for the best GMAT (Graduate Management Admission Test) prep courses, you want to look, for example, who is using top notch study materials, or which course suits your budget. In general, we cannot say that this or that prep course is the best, as all providers have something to their advantage and vice versa. Not all MBA programs require the GMAT, though extensive experience will be needed. For information on MBA programs that don’t require the GMAT click here.

If you live in a region where in-person or on-campus GMAT courses are not available, or when you prefer to study at your own schedule and from wherever you want, an online GMAT course may be an excellent option. Basically, you can find two kinds of online courses: live online courses and on-demand courses.

An on-demand course is great for students who rather study at their own pace or who have hectic schedules, while live online courses are perfect alternatives to traditional courses because they are allowing for live interaction with instructors and provide individualized assistance when needed. Several of the below-reviewed courses are offering both kinds of online GMAT prep courses and include study materials to get a full understanding of what you can expect on the GMAT.

The Graduate Management Admission Test is totally different from any test that you’ve been taking throughout your academic life. The GMAT exam is computer-adaptive and designed to provide admission committees of business school a credible assessment tool of applicants’ knowledge and skills, and their ability to be successful at their MBA program.

The GMAT exam comes with four sections (Quantitative, Verbal, Analytical Writing, and Integrated Reasoning) and you will receive separate scores for each section. The exam is scored on a scale that runs from 200 to 800, and you will have three and a half hours to complete all four sections. There are many good preparation options available, but let’s take a closer look at what some providers offer.

Kaplan
Kaplan offers the ‘Classroom Anywhere’ programs so you can have all the benefits of a traditional course together with the convenience of studying when and where you want. When you’re logged in, you can see and interact with your instructor, the assistants, and your fellow classmates. Topics and issues are displayed on virtual whiteboards, so you can follow every step in the process.

Just as with a traditional GMAT course, online students will take nine GMAT practice tests during the course, and can benefit from more than 5,000 business issues. Kaplan’s online AdvantagePlus course also includes on-demand courses and a couple of hours of 1-on-1 tutoring with Kaplan’s GMAT instructors. Students who want to study on their own may benefit from Kaplan’s self-study packages.

Kaplan’s in-class and online GMAT courses have a student-teacher ratio of 10 to 1, though class size may vary by location. If, for example, a class contains 20 students in total, two instructors will be assigned to that class. Personalized instruction is key when it comes to understanding all study material and apply this on test day, as each person’s strengths and weaknesses are different.

Veritas Prep
Veritas Prep offers GMAT prep courses both in-person and online. All course formats are including live instruction for 36 hours by recognized GMAT instructors who additionally provide two hours per day online support, every single day of the week. This service will give you the 1-on-1 assistance that is highly valued.

This online support is also including twelve full GMAT practice tests and free access to over 3,000 GMAT questions in Veritas Prep’s online Question Bank. Interaction in lectures is done much like Kaplan does it in their online courses, and you can benefit from the live chat tool that’s available for direct communication with your instructor and fellow students.

Veritas Prep also offers a great on-demand GMAT course which contains video instruction that covers all major topics addressed in live online and in-person classes. You can follow these videos on your computer or iOS device. Your study account is synced to the cloud automatically to allow you to pick up your learning right where you left. Also, this self-study option comes twelve GMAT practice tests and unlimited access to Veritas Prep’s Question Bank where you can benefit from hands-on practice. Here you can find the sort of questions that you’ll find on the GMAT exam.

The Princeton Review
The Princeton Review’s online GMAT courses come with groundbreaking technologies that allow for easy interaction within your virtual classroom. The GMAT instructors can swiftly share files with their students, and the course’s built-in chat allows you to ask any questions that may arise during your lessons. There is a virtual whiteboard that allows you to get actively involved as the instructor will address all sorts of problems and issues step by step, and when you wish to ask your instructor any question in private, you can use a breakout chat room that’s specifically created for that sort of instances.

The online GMAT course from the Princeton Review is covering also 27 hours of study material, just like the in-person course, and comes with the same study tools and resources. The online course also includes ten GMAT practice tests and a great online question bank. In case you need to miss a class, no need to get worried as all class sessions are recorded and saved to your personal account.

This also enables you to go back and forth to watch these video lesson anytime you want or when you have some extra free time. In case you encounter something you don’t quite understand, you can always contact your GMAT instructor as they have 30 office hours each week.

Manhattan GMAT
Manhattan GMAT is offering a wide variety of GMAT prep courses to suit the schedule of any student, though the organization’s private tutoring may be out of reach for those with smaller budgets. Manhattan GMAT offers several in-person and online GMAT prep courses, but their GMAT Complete Course is their most popular GMAT preparation program.

This course includes 27 hours of in-class lessons and 27 hours of tutoring, six GMAT practice tests, and several online study materials. You can also sign up for a private tutoring program if you think that you will benefit more from personalized instruction, or take a self-paced study course when you want to study at your own pace and on your own schedule.
For students who are pressed for time, a Boot Camp Course might be interesting. These boot camps are intense and highly focused GMAT prep courses that take two full weeks and contain 35 hours of personalized instruction. Manhattan GMAT is also offering specialized workshops that address only one particular section of the GMAT exam, and this could be a cost-effective option for you if just one part of the GMAT exam causes you problems.

New GMAT applicants may also explore the free GMAT preview sessions offered by Manhattan GMAT where they can learn all about the exam’s format and the best strategies to get a higher score. There’s also a Trial Class, which gives you a feel for what you’ll get if you sign up for their full-length GMAT prep course.

If you want information about MBA programs in Europe and the U.S.  that do not require the GMAT, click here.

GMAT vs GRE

Today there are more and more business schools that are accepting both the GMAT and the GRE® as part of their acceptance procedures. Many students are wondering which of these tests would be best for them to take. There are quite a few differences so let’s take a closer look at how these tests compare.

Both the GMAT and the GRE are computer-formatted, and both exams are adaptive, meaning they adapt to the level you demonstrate during the exam, but the GRE® is adapting after each of the sections while the GMAT is adapting after each individual question. Both the GRE and the GMAT differ significantly from any other exam you’ve ever taken, so for both exams, you will have to dedicate quite some time to find the best exam strategy and to get used to the format and pace.

The GRE is used for admission to many graduate programs offered by Business Schools, while the GMAT is generally used for admissions to MBA programs, so if you’re not considering an MBA degree, don’t even think about taking the GMAT. What we can see, though, is that increasingly more Business Schools (also the top-rated ones) are beginning to accept the GRE as a GMAT alternative. This is a positive trend, which provides you with one more way to demonstrate your individual competencies, knowledge, and skills. A list of the cheapest online MBA programs in the U.S. is available here.

The GRE exam focuses more on vocabulary, while the GMAT concentrates on sentence structure and grammar, and includes more logic-based questions than the GRE. The GRE includes relatively easier math than the GMAT though this does in no way mean that the GRE is easy, the math on the GMAT is just more difficult. The GRE is taken not only by students looking to get into business programs but also by test takers such as doctors, engineers, or history students, who would like to attend some other graduate program.

The GMAT, on the other hand, is only taken by students wishing to sign up for a Business School, and Business programs require stronger quantitative competencies. That’s why GMAT math is more difficult. So if you decide to take the GRE, be aware that you’ll be faced with challenging quantitative issues at Business School, and that you even may need to take prerequisite courses to succeed.

The GRE® exam is developed by ETS and though it is an alternative to the GMAT (owned by GMAC), there are significant differences. The GMAT is a computer-adaptive exam by question meaning each question is getting more difficult as you come up with a correct answer, and less difficult as you produce an incorrect answer. The GRE® is a section-adaptive exam meaning that the level increases or decreases in relation with your answers, but per section, not per answer. This leads to another important difference.

The GRE allows you to mark, skip, and review questions which is not the case on the GMAT. If you don’t know the answer to a question on the GMAT, you don’t have another choice than to guess the answer to move on because the GMAT is a question-based adaptive test. But as the GRE’s adaptivity is section-based you have the option to skip a question you don’t know the answer to.

Essay Questions

The GRE® includes two essay sections (30 minutes each), two verbal sections (30 minutes each), and two math sections (35 minutes each).
The GMAT includes two essay sections (30 minutes each), one math section (75 minutes), and one verbal section (75 minutes).

The essay sections of the GRE and the GMAT are quite similar, but if you struggle with logic-based or grammar questions, the GRE is offering some respite, because here it’s all about vocabulary.

Verbal Questions

GRE®: For ‘Text Completion’ you need to fill in the blanks using appropriate words, for ‘Sentence Equivalence’ you are asked to select two words that will result in a sentence with identical meaning, and at ‘Reading Comprehension; you must read a passage to come up with proper answers.

GMAT: For ‘Sentence Correction’ you must deal with grammatical issues, for ‘Critical Reasoning’ you need to analyze an argument’s logic, and at ‘Reading Comprehension’ you need to read a passage and produce a proper answer.

On the GRE, two out of three verbal parts, ‘Text Completion’ and ‘Sentence Equivalence’, are testing your vocabulary very directly. If you are not a word-lover, you may find this GRE® verbal section to be pretty tough.

Math Questions

GRE®: the ‘Discrete Quant’ section requires you to answer standard multiple-choice questions. On the ‘Quantitative Comparison’ you must compare the relative sizes of a pair of different expressions, and on ‘Data Interpretation’ you need to answer questions that are based on graphs and charts.

GMAT: The ‘Problem Solving’ part is standard multiple-choice, and on the ‘Data Sufficiency’ part you must determine if there is sufficient data to answer a certain question.

You will need some time to get used to the questions on the GMAT’s ‘Data Sufficiency’ section and the GRE’s ‘Quantitative Comparison’ format, so be prepared to dedicate some time to finding the right approach and appropriate strategy.

Verbal Content Questions

The GRE® exam focuses on Vocabulary and Reading, while the GMAT includes questions on Grammar, Critical Reasoning, and Reading. Here comes a big difference. Students who have strong vocabularies do not necessarily have strong grammar skills, and that goes the other way around as well. So this is a point of consideration. The GRE verbal content requires vocabulary skills while for that GMAT part you need to have better reasoning skills.

 Math Content Questions

Both exams include questions on Arithmetic, Algebra, Geometry, and Data Analysis, but in general, we can say that the GMAT math portion is absolutely harder both in scoring terms and in the level of questions. The questions on the GMAT require better-developed reasoning skills. Both GRE and GMAT questions cover a wide range of subject matter but do not include calculus, trigonometry, and algebra II.

Be aware, though, that if you prepare for the GRE exam, you don’t want to skip studying math. Though it is not as difficult as the GMAT math, you still are required to command a well-rounded sense of numbers as well as the capacity to solve problems.

So we can see that increasingly more Business Schools now accept the GRE in lieu of the GMAT, but the fact is that numerous schools still stick to the old tradition and accept only the GMAT. Please check with a school about admission requirements and decide for yourself if the GRE or TASC is your cup of tea.

GMAT Scoring – What You Absolutely Need To Know

The majority of MBA applicants think that the difference between a GMAT score of 680 and 720 is crucial and an important decision influencer. Well, this is not true. Scoring forty points extra on the GMAT is irrelevant for getting admitted into a top school’s MBA program. Here is a list of MBA programs without GMAT.

This makes that I really don’t understand individuals who have a 680 points score insisting on retaking the GMAT. They probably would be wiser burning all GMAT preparation books and should concentrate on their application essays, the following and very step in the process of applying for an MBA seat.

The Analytical Writing Assessment (AWA)

Your AWA (The Analytical Writing Assessment ) essay is getting two scores that are scaled between 0 and 6, and at least one of these scores is given by a human essay reader. The second score on your essay may be coming from an evaluating computer program. In case the two scores (always from two readers) are the same or are differing by no more than one point, these scores are being averaged to get the definitive score for your essay. In case the difference between the two scores is more than just one point, a professional essay reader will determine your definitive score.

More than 90 percent of all applicants get a scaled score that is 3 or above on their AWA, and you will understand that test-takers will not be able to see their AWA results on the day they tested because the AWA grading process is done by human readers.

Applicants who select to keep their GMAT scores will receive their GMAT score report includes their AWA score some two weeks after they took the test by regular mail. Integrated Reasoning The GMAT section “Integrated Reasoning” has a scoring scale 1 to 8, and is not computer-adaptive. Students cannot view their scores on this section of the GMAT on their testing day.

Students who chose to keep their GMAT scores are receiving their GMAT score report (including their Integrated Reasoning score) via regular mail around two weeks after they completed the exam.

What is the procedure of GMAT scoring

All GMAT score reports include five scores:

  • AWA Essay Score
  • Integrated Reasoning Score
  • Quantitative Score
  • Verbal Score
  • Total Score (a combination of only the Quantitative Score and the Verbal Scores)

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