Understanding and Preparing for the GMAT ® Exam

1. Understanding and Preparing for the GMAT® Exam

2. GMAT is Used by Quality Graduate Management Programs Worldwide % of Schools Using the GMAT • Created by management schools for management schools to be their exam • Most widely accepted entrance exam by graduate management programs worldwide • 5,900+ programs • 2,000+ schools • 90+ countries 96% 89% 77% 100%

3. Multiple Program Types at Management Schools Accept the GMAT exam Specialized Masters Accounting Business Analytics Economics Entrepreneurship Finance Health Administration Human Resources Information Technology International Business Management Marketing Public Policy Management Real Estate Supply Chain Management Plus, many more… MBA Full-Time, One Year Full-Time, Two Year Part-Time/Working Professional Executive Online/Flex Dual/Joint Degree MBA / Public Policy MBA / Law MBA / Medicine Plus, many more… Doctoral

4. The GMAT Exam Why it works, How it’s used, How it’s structured

5. The GMAT Works for Schools and StudentsReliable, Objective, and Strong Predictor of Academic Success For 60 years the GMAT exam has been the leader in business school and management program admissions because it works: • As a predictor of academic success • As a means to stand out in a talented applicant pool • As a means of helping candidates find the right program

6. GMAT is a Strong Predictor of Academic Success 4.00 Applicant 3.80 3.75 3.70 GMAT Total Predicted Mid- Program GPA 3.65 + Other + UGPA ? + AWA + IR 3.45 3.35 3.30 3.25 3.20 0.00

7. GMAT is Part of a Balanced Admissions Process • Admissions Process • GMAT Exam • Assesses Other Important Skills • Leadership skills and potential • Team skills • Motivation, creativity, emotional intelligence, interpersonal skills • Job skills • Business knowledge • Subject-specific knowledge • Spoken English • Value to Admissions • Academic potential • Compare across all applicants • Value to Applicants • Opportunity to stand out • Opportunity to compensate • Opens doors (admission, scholarships, etc.) • Confidence • Preparation for school

8. GMAT Structure 30 minutes 30 minutes Approx. 4 Hours Break Total Score: 200 - 800 75 minutes 75 minutes Break

9. GMAT Measures Higher Order Thinking Skills • Analytical Writing • Ability to explore the complexities of an argument and formulate a constructive critique based on a specific line of thinking • Integrated Reasoning • Ability to convert data from multiple sources and different formats into relevant information to solve problems • Quantitative Reasoning • Ability to reason quantitatively, solve quantitative problems and interpret data • Verbal Reasoning • Ability to draw inferences from written materials, critically evaluate arguments, and correct written material Analysis, synthesis, and evaluation

10. GMAT Measures Skills Used in School • Analytical Writing • Analysis of an Argument • Integrated Reasoning • Multi-Source Reasoning • Table Analysis • Graphics Interpretation • Two-Part Analysis • Management Students are Expected to: • Analyze arguments • Take an informed position • Write clearly and effectively • Integrate different pieces of information to identify interrelations, make inferences, and draw conclusions • Evaluate a wide-range of data • Determine critical and sufficient data • Synthesize reading • Evaluate arguments • Formulate actions and trade-offs and make decision • Quantitative • Reasoning • Problem-Solving • Data-Sufficiency • Verbal • Reasoning • Reading Comprehension • Critical Reasoning • Sentence Correction

11. The GMAT is a Computer Adaptive Test (CAT) • Starts with a middle difficulty item • Correct response = harder item • Incorrect response = easier item • An easier item may = content change • One question at a time • Cannot skip or go back • Every item counts in scoring • Adaptive testing is • More accurate • More efficient • More secure • A better testing experience

12. GMAT is a Computer Adaptive Test (CAT) Easy Question Hard Low Score High    45      First Question Last  

13. Registration, Testing, & Test Preparation

14. GMAT Registrationand Testing • Register at mba.com • or gmat.com • You cannot register at the test center • Secure testing • 550+ test centers • 110+ countries

15. GMAT Costs and Retesting • Cost $250 USD • Includes sending results to five (5) programs FREE • Candidates can retest once a month, up to five times in 12 months • Twenty percent take the GMAT more than once with an average30-point gain

16. GMAT Preparation – How Much Time? • Depends on: • Your discipline to study and your study environment • Your comfort with the subject matter and item types • Your need for a GMAT preparation program

17. Get Ready with the Experts in Your Corner

20. How You Might Structure Your Prep

21. GMAT Testing Centers • Check In • Valid ID • Document reader • Signature • Digital photo • Palm Vein recognition • Use of a locker

22. GMAT Testing Centers • Testing • Individual testing stations • Proctored • Use of a note board • Video • Choose score recipients • Score-cancelling option • Unofficial Score Report • Official Score Report sent within 20 days

23. A Little Advice Register Early: 30 – 60 days before you need to take the exam Prepare: Helps you do well on the test, in school, and beyond Take it and Bank it: Scores are valid for five years Download GMATPrep: It’s free! Don’t Rule a School Out: Based on your test score Believe: In yourself, not the myths

24. A Few GMAT Myths Only the first 10 count Easy = doing badly Advance math needed Accuracy vs. finishing Need a super high score

25. Thank You! The GMAT Exam Your Best First Step Towards a Career with Impact mba.com gmat.com