02 May 2007

GMAT???

This blog is meant for those, who are desirous of pursuing a Global MBA and want to give GMAT, which is a primary requirement for applying to MBA at the global B schools.

Well if you are here, reading this blog, i suppose you are seeking admission into MBA at international level. (I am specifying MBA as 'global' and 'international' cos Indian B-Schools except a few dont require GMAT.) Before starting your preparations with GMAT, make sure you have finalised your target B-schools and its a pretty tough task i should say. Don't worry i will help you in determining your wish list.

First of all make a list of your priorities and what do you want from your MBA. Do you have 2 years of your life to spare? Or you want a shorter duration course? Remember, most of the MBAs in UK and Europe are of 12-16 months duration. In US the MBA lasts 2 years normally and the 1 year options in US are not well respected in the business community. Next question comes- why are you doing MBA? What do you expect to learn from your MBA? Do you want to pursue studies in Finance; or are you looking at honing your enterpreneural skills; or you want to become Marketing Guru? Be specific and that will help you in selecting a specific school for yourself. To know which school specialises in what, search B-school websites thoroughly; take help of rankings and the information provided by the web sites which compile these rankings.

Dont worry about the finances part while selecting the B school. Its not the easiest of the things to manage, but then its not the difficult part either. Scholarships, Loans everything is available once you get an admission.

After deciding on the target B schools, start preparing for GMAT. I will not waste time here with questions like what is GMAT blah blah, which you can easily find from the official web site of GMAT: www.mba.com First thing that you should remember regarding GMAT is that its not the sole criteria for applying to B Schools, its just one of them. The point I am trying to highlight here is that a very high/ low GMAT score does not affect your chances of admission to a great extent. While high GMAT score does help in getting scholarships, you can always make up for your low score with well written essays and applications. Every B School just wants a balanced score. Indian students face a problem here as many score well in Mathematics (as expected), but fare badly in Verbal.

Before reading the next blog, first goto the official web site of GMAT and get acquainted with the format of the exam. After that we shall discuss the strategies one need to adopt for cracking 700+ levels.