Gmat

[punjabi_khota]

GMAT average in ISB India is 790/800. This is 50 points clear of any other B-school in the world. So I am going to pay more and study abroad I guess. :P

Only because IIMs don't require GMAT. Otherwise IIM-A/B/C could have 795+ average. The maggu IITians would check into IIMs with 800. :yay:

[Guest Gunner]

What's that? 790 is pretty high no?

Only because IIMs don't require GMAT. Otherwise IIM-A/B/C could have 795+ average. :yay:

Now you know why ludh. So I will leave it to math nerds like PK etc (who btw will never get laid by a swedish pornstar unlike moi).

[punjabi_khota]

Now you know why ludh. So I will leave it to math nerds like PK etc (who btw will never get laid by a swedish pornstar unlike moi).

:omg::omg: What, you really ? :hatsoff:

[ludhianvi]

What are you guys talking about...800 is the MAX score you can get..and you guys are talking about 790++

[Guest Gunner]

:omg::omg: What' date=' you really ? :hatsoff:[/quote'] I have many wonderful memories to share. One day I will write a book. :hatsoff:

[Ram]

Investing significant amounts of money and time (probably 2+ years) at a time when the general world economy is still on its path to recovery is a dangerous gambit. For all ya know, by the end of the two years, the job market could be still be limping back to normalcy and you wont be any better off with that extra qualification. I have admits from a few middle-rung Universities for a part-time MBA program. I am still pondering over the start date though, since I may relocate sometime soon. I simply could not convince myself to quit the job I have, spend $50-000-$70,000 on a full-time degree, along with the two years that go with it, in this current economic environment. Hence, the part-time option.

[varun]

Took it a few months ago and got a reasonable 730. Not too serious about doing an MBA though.

[Guest Gunner]

Investing significant amounts of money and time (probably 2+ years) at a time when the general world economy is still on its path to recovery is a dangerous gambit. For all ya know, by the end of the two years, the job market could be still be limping back to normalcy and you wont be any better off with that extra qualification. I have admits from a few middle-rung Universities for a part-time MBA program. I am still pondering over the start date though, since I may relocate sometime soon. I simply could not convince myself to quit the job I have, spend $50-000-$70,000 on a full-time degree, along with the two years that go with it, in this current economic environment. Hence, the part-time option.

Its not really about more money or a better job. I am on track to being a big 4 Partner in maximum 5 to 6 yrs. So if it was about money or the job, I should stick with what I got. I am actually trying a career change and that is not happening with my current qualifications. And I am fairly confident of a global recovery by end of 2010, if anything I would say that it is a well thought out opening gambit.

[patriot]

Hi Patriot, Thanks a lot for the detailed post. Good stuff. 1) I am a CA so I haven't done mathematics in about 10 yrs. So I really have to brush up on the geometry formulas. On the arithmetic side I am pretty sound so I am not worried too much. But like you said practice matters for the Quant. 2) I will look into the verbal side to see if there are some specific things to look out for. I will get in touch with you if I need some clarification. 3) I got the Kaplan review latest edition + Kaplan test prep so I think this should really help. 4) I am actually planning to do it with about 2 months preparation. Hopefully this should do. Finally, I understand that the GMAT scores by themselves are not sufficient to take you into a top notch MBA. Are there some other specific factors which you can share? I am also in touch with a couple of other guys who just got into big name European business schools. So I will be talking to them too.

Yeah Gunner - Please feel free to ask me specific questions - I did alot of R&D on GMAT prep for 3 whole months. I also solved 5 mock exams from http://www.800score.com/gmat-home.html I think 5-6 Kaplan tests + 5 tests from 800score is solid practice. That's what I did anyway. WRT getting admission, GMAT is one of the important criteria, but probably not the most important. I had a 740, which is fair way above the mean/median of all US B Schools but got rejected by all Top 6 schools that I applied. I then went ahead with Stern at NYU. I took a beating because my work ex was only about 3 years. The quality of your work ex, the leadership qualities that you portrayed during your work ex and most importantly WHY you require an MBA at that stage of your career- ALL part of your Statement of Purpose (SOP) go along way in the admission decision. It also helps alot to be very specific about the kind of job you are looking to pursue post MBA. You seem to have a lot of work ex, I think if you score 700-720 and write a solid story, you should get a few TOP 15 admits.

[Guest Gunner]

Took it a few months ago and got a reasonable 730. Not too serious about doing an MBA though.

Thats a pretty good score.

[punjabi_khota]

What are you guys talking about...800 is the MAX score you can get..and you guys are talking about 790++

Duh, you don't know how the Indians roll, do you ? :hysterical::hysterical: I have had friends who were depressed after getting 760. In my friend circle, 780 is respectable :icflove: In a few years from now, it will be nice to have some masters-of-universe friends

[CricketGirl]

Aryabhatta was golt?? :hmmmm:

i though arrabiatta was a pasta dish? :dontknow: jeez u lot are intelligent! :blush:

[Ram]

Its not really about more money or a better job. I am on track to being a big 4 Partner in maximum 5 to 6 yrs. So if it was about money or the job, I should stick with what I got. I am actually trying a career change and that is not happening with my current qualifications. And I am fairly confident of a global recovery by end of 2010, if anything I would say that it is a well thought out opening gambit.

Lol, what makes you sound so confident? Back in 2007, when the economies were zooming along, did you predict the crash in 2008? I assume not. Your prediction of a recovery by 2010 is anything but a ‘well-thought out gambit’. Its an assumption, a MASSIVE assumption. I can point you to news pieces by economists who say things will progressively worse.

[Guest Gunner]

What are you guys talking about...800 is the MAX score you can get..and you guys are talking about 790++

See varun and Patriot's score below. :whack: Now you know what me and PK mean. This is the global median then there is the Desi median.:--D

[Guest Gunner]

Lol' date=' what makes you sound so confident? [b']Back in 2007, when the economies were zooming along, did you predict the crash in 2008? I assume not. Your prediction of a recovery by 2010 is anything but a ‘well-thought out gambit’. Its an assumption, a MASSIVE assumption. I can point you to news pieces by economists who say things will progressively worse.

YOu would just be plain vanilla wrong. I did the following: A) Predicted the Dubai crash and truned down job offers there. B) Cashed out my equity investments in India C) Made a punt on the long dollar and gold and got paid off for both and D) Predicted the real estate crash in India and turned down my mother's idea to buy a flat. I am not assuming anything. It is my understanding and the fact that I lived through the 2000 crash which makes me confident. All the x number of economists have got it wrong so many times why do you trust them now? Isn't it counter-intuituve to your initial statement of lack of visibility vis-à-vis 2007?

[Guest Gunner]

Duh, you don't know how the Indians roll, do you ? :hysterical::hysterical: I have had friends who were depressed after getting 760. In my friend circle, 780 is respectable :icflove: In a few years from now, it will be nice to have some masters-of-universe friends

:hysterical::hysterical::hysterical::hysterical::hysterical:

[Ram]

AFAIK, this is the general standard for GRE and GMAT quantitative scores. GRE; 800 : You’re a’right 780-790 : Umm..OK 760-770 : Did you sleep half-way through the exam? Anything less than 750 – You’re better off not writing the exam. GMAT; 650 – 700: Better luck next 700-710: Decent score, but could have been better 720-730 : Good score 740 – 750 : Excellent 760-770: Wow! 780+: Take a bow! :D

[Guest Gunner]

Yeah Gunner - Please feel free to ask me specific questions - I did alot of R&D on GMAT prep for 3 whole months. I also solved 5 mock exams from http://www.800score.com/gmat-home.html I think 5-6 Kaplan tests + 5 tests from 800score is solid practice. That's what I did anyway. WRT getting admission, GMAT is one of the important criteria, but probably not the most important. I had a 740, which is fair way above the mean/median of all US B Schools but got rejected by all Top 6 schools that I applied. I then went ahead with Stern at NYU. I took a beating because my work ex was only about 3 years. The quality of your work ex, the leadership qualities that you portrayed during your work ex and most importantly WHY you require an MBA at that stage of your career- ALL part of your Statement of Purpose (SOP) go along way in the admission decision. It also helps alot to be very specific about the kind of job you are looking to pursue post MBA. You seem to have a lot of work ex, I think if you score 700-720 and write a solid story, you should get a few TOP 15 admits.

Hey Pat, Thanks for your help again. I will look into the link and take a mock test to see how I do and identify the blind spots. I have work ex as an auditor all along and I am trying to manage a career change. So the whole MBA effort is tuned to give me a new direction. I think I need to write a really lucid statement of intent + I need to get some guys to write good recommendations as well I guess.

[Ram]

YOu would just be plain vanilla wrong. I did the following: A) Predicted the Dubai crash and truned down job offers there.

Hmmm, interesting. I’d like to you to list the factors based on which on which you predicted the crash in Dubai and why you felt it would happen when it happened.

B) Cashed out my equity investments in India

Cashed out? You mean you sold all your stocks before the markets tanked? What sector? Do you know how those stocks are performing now?

C) Made a punt on the long dollar and gold and got paid off for both

And I don’t get what you mean by the long-dollar? Are you saying you invested in both the $$ and the Gold?

D) Predicted the real estate crash in India and turned down my mother's idea to buy a flat.

First of all, there was no real-estate ‘crash’ in India. The prices only flat-lined for a while. So, to call it a crash is a gross-exaggeration.

I am not assuming anything. It is my understanding and the fact that I lived through the 2000 crash which makes me confident. All the x number of economists have got it wrong so many times why do you trust them now? Isn't it counter-intuituve to your initial statement of lack of visibility vis-à-vis 2007?

I don’t trust any economist, which is why I am a bit skeptical on a recovery, even when a big proportion of economists are saying the recession is over. Living through the worst economic crisis since the great depression has made me realize that most economic logic that is being flaunted around these days are not even worth the paper they’re printed on. Btw, since you sound so confident on your economic prediction skills, would it be ok if I seek your ‘predictions’ on upcoming economic cycles? It will be interesting to see your take on things. Anyways, this is about your GMAT. So, don’t want to digress too much.

[ask4me]

Hey Pat, Thanks for your help again. I will look into the link and take a mock test to see how I do and identify the blind spots. I have work ex as an auditor all along and I am trying to manage a career change. So the whole MBA effort is tuned to give me a new direction. I think I need to write a really lucid statement of intent + I need to get some guys to write good recommendations as well I guess.

Gunner, MBA applications a quite different than the MS applications where GRE might have more value/weightage. If you ar an Indian Male Applicant, applying to the top programs anything below 700 --> Forget it (though exceptions apply) 700-730 ---> Decent 730+ --> Now you are talking (the higher the Nos. better they look) from my legwork so far, a 750 wont help you any more than what a 730 can do for you. GMAT is just a portion of the complete package that the Adcoms look before offering you an invite. So, if you have maybe a 730+ its like a Check mark and the idea is, now how You are different with all so many other Indian Males with 700+ GMAT and thats where the rest of the APplication sets you apart. BUT, if you are below 700 then all those other Indian Applicants have a HUGE leg-up on you and unless you are SOOOO very different & yet add unique dimesion to the class, you might not even stand a Chance. So, per my understanding, get a 720-730+ score (at the min) and work on your Story. Sriram, I agree with your GMAt table below,but might not relate 100% to the GRE understanding. Regarding the LORs (Recos) if your recommender is Not the School Alumni, then just look for the one who can write inline with our story P.S. I am also Plan to take my GMAT soon and hope to get my apps intime for the Fall 2010 class.