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GMAT Strategies for Success in Top MBA Programs Worldwide

The GMAT exam (Graduate Management Admission Test) is one of the crucial determining factors of admission to MBA programs. Developed by the Graduate Management Admission Council (GMAC) in 1953, the GMAT is a computer adaptive test that you need to take to secure an admit into the top MBA program. This exam tests your critical reading, writing, quantitative, verbal, and analytical skills.

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GMAT Strategies for Success in Top MBA Programs Worldwide

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  1. GMATStrategiesforSuccessin Top MBAProgramsWorldwide TheGMATexam(GraduateManagementAdmissionTest)isoneofthecrucialdeterminingfactorsofadmissionto MBAprograms.DevelopedbytheGraduateManagementAdmissionCouncil(GMAC)in1953,theGMATisa computeradaptivetestthatyouneedtotaketosecureanadmitintothetopMBAprogram.Thisexamtestsyour criticalreading,writing,quantitative,verbal,andanalyticalskills. AdmissiondecisiontoMBAprogramsencompassesanumberoffactorsandalthoughtheGMATscoreisdefinitely an importantfactor,itisnottheonlyone.Nonetheless,havingacompetitiveGMATscorecansignificantlyboostyour admissionchances.ThisisbecausetheGMATscorehelpstosetyouapartduringtheadmissionprocess.However, thisdoesnotsolelymeanthatyouneedtohaveagoodGMATscore,evenalowscorebutacompellingstory addressingthelowscorecanmakeforastrongapplication,highlightingyourdeterminationtotideoverchallenging situationsandnotbowingdowntofailures.Moreover,agoodGMATscorecanbeawonderfulassettoyouroverall profile,ifyouhavealowGPA.Italsoservestheroleofthemostrecentandupdatedassessmentofyouracademic abilities. Atthesametime,youneedtounderstandthatyoucannotapproachaone-size-fits-allapproachwhenitcomesto GMATscoresforMBAprogram.Thatistosay,whileaGMATscorewithintherangeofthe85to97thpercentileis consideredagoodscore,youneedtoalsounderstandtheprogramrequirements–lookintothetypeoftheprogram andtheaverageGMATscoreofthecohort.ThiswillgiveyouanideaofthetargetscoreonyourGMATexam. Inthisarticle,wewillseewhatstrategiescanbeemployedtoensureacompetitiveGMATscore.

  2. FamiliarizingYourselfwiththeExamFormat • WhileGMATusedtobeavailableintwoformats,namelytheGMATClassicEdition(GCE)andtheGMATFocus Edition(GFE),itwillnowbeavailableonlyintheGFEformat(sinceFebruary1,2024).Thusperthenewformat,the GMATexamwillbeonlyofadurationoftwohoursandfifteenminuteswiththreesectionsand64questions.This newformatexcludesthewritingassessment.Thethreesectionsare: • QuantitativeReasoning:Thissectionwillallowyou45minutestoanswer21questionsandtestyour problem-solvingskills. • VerbalReasoning:Thissectionwillallowyou45minutestoanswer23questionsandtestyourcritical reasoningandreadingcomprehensionskills. • DataInsights:Thissectionwillallowyouanother45minutesto20questionsandtestyourdataliteracyskills. • Afull-proofstrategyforyourGMATexamwouldbethefollowing: • Takeamocktest– Yes, startyourpreparationswithamocktest.Thiswillhelpfamiliarizeyouwiththeexam formatandhelpyouunderstandyourweakpoints.Thusyouwillhaveaclearunderstandingofthebroad scopeofquestionsaskedandthebasiclevelofpreparationthatyouneedtoaddress. • Developconcepts–Onceyouhaveovercometheinertiaandtakentheplunge,focusondevelopingthe crucialconcepts.Becausethetypeandthenumberofquestionsineachsectionarepre-definedwithinthe scopeoftheconcepts.Findagoodresourceandfocusondevelopingtheconcepts. • Practice,practice,practice–Studytheconceptsandpracticethem.Solelystudyingalltheconceptsandthen takingthemocktestwillleadyoutonowhere.Getholdofgoodpracticetestsandconcentrateonimproving youraccuracy.Onceyoureachaccuracy,focusonimprovingyourtimeefficiency.Oncethesamehasbeen achieved,workonstrikingabalancebetweenmaintainingaccuracyandspeed. • Takemocktestsat10daysintervals–Thisiscrucial.Asyoukeeppracticing,takethemocktestsatregular intervalstoseehowyouareperformingandtheeffortyouneedtoputintoimproveuponspecificareas. • Regularlyrevisetheconcepts–Justliketakingmocktestsatregularintervals,revisetheconcepts periodicallyaswell. • Focusonyourerrors–Donotbedisheartenedifyoumakeerrors.Ratherusethisopportunityasalearning momentandtrytounderstandwhyyouselectedtheincorrectchoiceandeliminatedthecorrectanswerchoice. Answeringthesetwoquestionswillhelpyouremarkablyimproveyourperformance.

  3. SolvetheOfficialGuides–Inthelastfewweeksleadingtoyourexam,solvetheGMATOfficialGuide.As thesecontainlargelyaveragetodifficultlevelquestions,youwillhaveagoodstrongholdonyourpreparation level.Overall,trytosolvethequestionswhilemaintainingspeedandhighaccuracy. • TaketheOfficialGMATmocks–Inthedaysleadingtotheexam,taketheofficialmock.Youcanactually startyourpreparationfortheGMATexambytakingtheofficialmock.Thiswillhelpyourealistically understandyourneedforpreparation.Takingthesecondofficialmockjustbeforetakingthetestcanhelp you consolidateyourlearningandefforts,helpyourevise,andunderstandifyouarepreparedenoughtoachieve yourtargetscore.IfyoufailtoachieveyourtargetGMATscore,youmayre-evaluateyourplansandpostpone yourexam. • Here’sadetailedbreakdownofyourGMATexampreparation plan • StartingEarlyandSettingaStudySchedule • StartingyourpreparationearlyfortheGMATexamisalwaysrecommended.Thishelpsyoutoassessyourskills and improveyourweakpoints.However,howdoyoudeterminehowearlyyouneedtostart? • Youcanusethefollowingtwotrickstodeterminewhentostartyourpreparation: • BookyourGMATinadvanceandusethetimeasamotivationtogetonwithyourprep.Youcantypically bookyourGMATexamabout90daysinadvance. • StartyourpreparationsonceyouhavedecidedtotaketheGMATexam. Takethetimetoprepareuntilyoufeel confidentenoughandthenbooktheexamabouttwoorthreedaysinadvance.Thiswillalsoensurethatyou areutilizingtheavailabletimetopreparefortheexam. • Makearigorousstudyschedule.ThisisanimportantstepinpreparingforyourGMATexam.Ifyouaregettingback toacademicsafteraconsiderablegap,youneedtogetintothehabitofhavingastudyschedule.Evenifyouarea workingprofessional,youneedtoknowhowtodivideyourtimeefficientlybetweenfulfillingyourjobcommitments andpreparingforyourGMAT.Arigorousschedulewillhelpyoumanagethesecommitmentsefficiently. • HereareafewstudyplansthatyoucantakeinspirationfromwhilebuildingyourscheduleforGMATprep: • 30-daystudy plan: • Week 1-Take amocktest,focusonthemistakesandtheweakpoints,revisetheconceptsandpractice. • Week2-Takeatleast2practicetests,analysethemistakes,revisetheconcepts,andattempttoattain accuracy. • Week3-Againtakeatleast2practicetests,analysethemistakes,revisetheconcepts,attempttoattain accuracy,andstarttotimeyourself. • Week4-Inthispenultimateweek,takeatleast3practicetests,refertotheOfficialGuide,andfocuson attainingaccuracyandtimeefficiency. • 60-daystudy plan: • Week 1- Takeamocktest,focusonthemistakesandtheweakpoints,revisetheconcepts,andpractice. • Weeks2-6-Takeatleast2practicetests,analysethemistakes,revisetheconcepts,andattempttoattain accuracywithafocusondevelopingyourspeedatsolvingthequestions. • Weeks7-8-Inthesepenultimateweeks,takeatleast3practicetests,refertotheOfficialGuide,andfocus onattainingaccuracyandtimeefficiency.Importantly, trytorelaxasyouneedtobestressfreesothatyoucan focuswellonthetests! • 90-daystudy plan: • Week 1- Takeamocktest,focusonthemistakesandtheweakpoints,revisetheconcepts,andpractice. • Weeks2-4-Takeatleast2practicetests,analysethemistakes,revisetheconcepts,andattempttoattain accuracywithafocusalsoondevelopingyourspeedatsolvingthequestions. • Weeks5-7-Takeatleast3practicetests,analysethemistakes,revisetheconcepts,andattempttoattain accuracywithafocusalsoondevelopingyourspeedatsolvingthequestions.

  4. Weeks8-10-Takeatleast4practicetests,analysethemistakes,revisetheconcepts,andattempttoattain accuracywithafocusalsoondevelopingyourspeedatsolvingthequestions. • Weeks11-12-Inthesepenultimateweeks,takeatleast3practicetests,refertotheOfficialGuide,andfocus onattainingaccuracyandtimeefficiency.Importantly, trytorelaxasyouneedtobestressfreesothatyoucan focuswellonthetests! • TipsandtricksforacingtheGMATexam: 1.Todeterminethetimespentoneachquestion,youcanusethefollowingtableasaguideline: Thisissimple–afteryoucompletethefirstfivequestions,checkthetimeremaining.Ifyouhavemorethan35 minutesremaining,youareontherighttrack.Next,checkthetimeremainingaftertenquestionsandagainafter fifteenminutes.Ifyouhappentohavelessthan35minutesremainingaftersolvingthefirstfive,youwillknowthat youwillhavetoactfasteroncompletingtherestofthesection. Donotfretifyouseeadifficultquestion-Itonlymeansthatyouaredoinggreat!Donotspendmorethan threeminutesonaquestion. Usetheprocessofelimination-Ifyoucannotanswerorfeelunsureabouttheanswerchoice,usetheprocess ofeliminationtoimproveyourchancesofselectingthecorrectanswerchoice. Donotwastetimeonaquestionthatyoucannotsolve-Moveonorbookmarkitonlyifyouarecertainthat youcanreturntoitandsolveit.IntheGMATFocusEdition,youareallowedtobookmarkuptothree questionstobesolvedlater.TrynottobookmarkanyquestionsintheVerbalReasoningsectionasthese typicallytakeupmore time. Considering anMBAinIndia

  5. IfyouareconsideringanMBAprogram,youmaylookintoanMBAinIndia.Onedefiniteadvantageofpursuingan MBAinIndiaisthecost.Tuitionfees,accommodationcosts,andmiscellaneousexpensescansignificantlyaddto the overallcostofdoinganMBA.However,anMBAinIndiawillhelpsignificantlycutdownonthesecostsandimprove yourreturnoninvestment.Moreover,astheglobaljobmarketcontinuestogetmoresaturated,pursuinganMBAin Indiamayseembeneficial.Oftentimes,companiesoffersponsoredMBAopportunities,providedyouagreetojoin backthefirm.Thusyoucancomfortablyfocusonyourskilldevelopmentwhilebeingassuredofemployment. • Interestingly,IndiahousessomeofthetopMBAprogramsintheworld.Forinstance,institutessuchastheIIMs (IndianInstituteofManagement–Ahmedabad,Bangalore,Calcutta,Lucknow,Kozhikode),Departmentof ManagementStudies,IITDelhi,XavierSchoolofManagement,ISBandthelikehaveanaffordablefeestructure whilealsobeingatparwiththecurriculumofferedbyMBAprogramsabroad.Additionally,theseschoolsofferthe muchneededandcrucialtraininginleadershipdevelopmentandglobalexposure,therebyenablingyouroverall growth. • IfyouareinterestedinexploringMBAprogramsinIndiaandwishtotaketheGMATexam,getintouchwiththe advisorsatManya-ThePrincetonReview. • FAQs: • Whatisthe GMAT examformat? • A:InthelatestGMATFocusEdition,youhavetoanswerthreesectionsasfollows: • QuantitativeReasoning:Thissectionwillallowyou45minutestoanswer21questionsandtestyour problem-solvingskills. • VerbalReasoning:Thissectionwillallowyou45minutestoanswer23questionsandtestyourcritical reasoningandreadingcomprehensionskills. • DataInsights:Thissectionwillallowyouanother45minutesto20questionsandtestyourdataliteracyskills. • HowmuchtimeshouldIspendoneachquestionintheGMATexam? • A:DonotspendmorethantwominutesoneachquestionintheGMATexam.EspeciallyintheVerbal Reasoningsection,targetcompletingeachquestioninundertwominutes. • IsGMATnecessaryforapplyingtoanMBAprogram? • A:Yes,whileaGMATscoreisnecessaryforapplyingtomaximumMBAprograms,thereareafew exceptions.ResearchtheapplicationrequirementsofyourtargetprogramswellbeforestartingyourGMAT preparation.Someschoolsalsoofferawaiverdependingonyouroverallprofileandothercriteriaandsome schoolsmayacceptaGREscoreinstead. • IsanMBAinIndiaworthit? • A:TherearemanyadvantagestoapplyingforanMBAinIndia.MBAprogramsinIndiaarealmostequalin scope,curriculum,andexposureprovidedtostudents.Moreover,theyalsoofferahigherreturnoninvestment. • Whatisagoodstrategyfortakingthe GMAT exam? • A:OrientyourselfwiththeGMATexamformat,setarigorousscheduleandfollowitstrictly,takepractice testsregularly,studytheconcepts,workonimprovingyourweakpoints,gainaccuracyandspeed,takethe mocktests,andsolvetheOfficialGuides.FollowthisroutinetosuccessfullyaceyourGMATexam.

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