The dreaded GMAT, part 2

As I wrote in part 1, there were two pieces of information that I learned from my first pass through the GMAT.  First, I needed to spend another $250 to re-take the exam (I didn’t need that new iPod anyway).  Second, and more importantly, I need to actually study for the exam!  Lucky for me, there is a mandatory “cooling-off” period of one month between test attempts. /sarcasm off

I scheduled my re-take for 35 days after my first sitting, to give myself motivation to study for exam.  And study I did.  Not only did I do every problem in the GMAT study guide, but I also took both Computer Adaptive Tests provided by MBA.com.  If you’ve never taken an adaptive test before, they are extremely difficult to gauge while you are taking them.  You must answer each question sequentially, and the test “adapts” to your level of brainpower.  So unless you are doing extremely poorly, the test will seem difficult while at the same time making you feel like you are doing well.

In my case, the feeling of doing well was short lived.

After spending untold numbers of hours studying, $500 in test fees and 4+ hours twice to take the actual exam, I was only able to improve my test score 60 points the second time to finish at 650.  While 650 is better than average, if I was to be admitted to a top business school I had my work cut out for me.

BTW, while I have no doubt that the GMAT proves “something” about B-school candidates, I don’t believe it measures propensity to be successful in an MBA program.  All that studying the second time showed me was that there is an underlying pattern in the questions; with enough practice, the questions just become another type of formula to memorize, then forget after the test is over.

The dreaded GMAT, part 1

Now that I had decided to go back to school to pursue an MBA degree, I figured the first step was to take the GMAT.  Even before figuring out what schools to apply to, I knew that getting a “decent” score was a must.

For those of you unfamiliar with the exam, the GMAT tests skills that are supposed to be indicative of management ability, mainly reading/writing, math and logical thinking.  As a quantitative analyst at a major financial services firm, I figured I could fake my way through the math portion of the exam, so I focused on the reading/writing portions for my studying.

This turned out to be a very costly mistake, in both time and money!

My first time taking the exam, I received a 590 out of 800 (Ouch!).  It seems that in my haste in studying, I had only done most of the “easy” problems in the GMAT study guide, and little in terms of overall math review…had I read the book a bit more closely, I would’ve realized that the problems were organized by increased difficulty.

So rather than figuring out what “tier” of business school I could apply to, the only info I received from the $250 cost of admission was that I would be taking the GMAT exam again.