Tuesday, July 31, 2007

Getting Prepared- What is the GMAT

Why is GMAT Preparation so Important?

The GMAT is one of the primary factors that will determine your acceptance into Business school, as well as your eligibility for merit-based grants, scholarships, assistantships, and other financial aid. A GMAT score is typically the single component that all applicants have in common, and is considered by most schools to be a relatively accurate predictor of how you will perform academically.

Admissions committees will often waive application fees for those who have received GMAT scores in the top percentiles, and studies have shown that graduates from higher ranked business schools typically have the highest starting salaries. Serious preparation is about more than just a GMAT score; it is an investment in your future.

There are several options for preparing for the GMAT such as review classes, reading material, or online review classes. There are even mock test that you can take prior to taking the real test, so there is no excuse not to prepare yourself to take this test. If you are serious about going through an MBA program, it is essential that you do well on this test.

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