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Microsoft - GMAT and MBA Application Workshop Aug 2010

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• 1. GMAT and MBA Applications <ul><li>An Introduction to GMAT: Format, Scoring, and Sample Questions </li></ul>Copyright © 2010 Gurome Inc.
• 2. GMAT Structure Copyright © 2010 Gurome Inc. Section Format and Timing Analytical Writing Assessment <ul><li>First section of the test </li></ul><ul><li>Includes Analysis of an Issue and Analysis of an Argument </li></ul><ul><li>Exactly 30 min. to complete each essay; no break in between </li></ul>Optional 8-minute break (clock starts as soon as the previous section is done) Quantitative <ul><li>37 multiple choice questions; 75 minutes </li></ul><ul><li>Two types of Q: Problem Solving (50%) & Data Sufficiency (50%) </li></ul><ul><li>Topics: Arithmetic, Algebra, Geometry, Word Problems </li></ul>Optional 8-minute break (clock starts as soon as the previous section is done) Verbal <ul><li>41 multiple choice questions; 75 minutes </li></ul><ul><li>Three types of questions: Sentence Correction (SC; 33%); Critical Reasoning (CR; 33%); Reading Comprehension (RC; 33%) </li></ul>
• 3. GMAT Scores <ul><li>Verbal and Quant “scaled scores”: 0-60 </li></ul><ul><li>Verbal >44 and Quant >50 great scores </li></ul><ul><li>Essays scored separately: 0-6 </li></ul><ul><li>Total scores: 200-800 </li></ul><ul><li>Two thirds score between 400 and 600 </li></ul><ul><ul><ul><ul><li>760-800: 99 percentile </li></ul></ul></ul></ul><ul><ul><ul><ul><li>700: 90 percentile </li></ul></ul></ul></ul><ul><ul><ul><ul><li>630: 75 percentile </li></ul></ul></ul></ul><ul><ul><ul><ul><li>550: 51 percentile </li></ul></ul></ul></ul><ul><ul><ul><ul><li>460: 25 percentile </li></ul></ul></ul></ul>Copyright © 2010 Gurome Inc.
• 5. In GMAT, Balance is Key Copyright © 2010 Gurome Inc.
• 6. Types of Questions in Quant <ul><li>PS (Problem Solving) vs. DS (Data Sufficiency) </li></ul><ul><li>Problem Solving Questions need to be solved for specific answer </li></ul><ul><li>DS questions are of two types </li></ul><ul><ul><li>Yes/no </li></ul></ul><ul><ul><li>Value </li></ul></ul>Copyright © 2010 Gurome, Inc.
• 7. Quantitative: Arithmetic <ul><li>Number Theory </li></ul><ul><ul><li>Types of Numbers </li></ul></ul><ul><ul><li>Number line, Absolute value, Odd/Even numbers </li></ul></ul><ul><ul><li>Fractions, Decimals, Percents </li></ul></ul><ul><li>Factors </li></ul><ul><ul><li>Multiples, Factors and Prime factorization </li></ul></ul><ul><li>Sum and Pattern </li></ul><ul><li>Approximations </li></ul>Copyright © 2010 Gurome, Inc.
• 9. Quantitative: Geometry <ul><li>Lines and Angles </li></ul><ul><li>Parallel Lines </li></ul><ul><li>Triangles </li></ul><ul><li>Quadrilaterals </li></ul><ul><li>Circles </li></ul><ul><li>Solid Geometry </li></ul><ul><li>Co-ordinate Geometry (TBD Advanced Topics) </li></ul>Copyright © 2010 Gurome, Inc.
• 10. Quant Practice Questions - I Copyright © 2010 Gurome, Inc. In a two-digit number the sum of the digits is 9. If the number with the order of the digits reversed is 37 greater than twice the unit’s digit of the original number, then what is the number? A. 34 B. 43 C. 45 D. 50 E. 54
• 11. Quant Practice Questions - I Copyright © 2010 Gurome, Inc. Let the two-digit number be represented by 10 x + y . x + y = 9 10 y + x = 37 + 2 y Solving the two equations yields x = 5 and y = 4. So, the number is 54 and The correct answer is (E).
• 12. GMAT Verbal <ul><li>The Verbal Section is divided into 3 areas of focus </li></ul><ul><li>Sentence Correction </li></ul><ul><li>Critical Reasoning </li></ul><ul><li>Reading Comprehension </li></ul><ul><li>Analytical Writing is a separate section </li></ul>Copyright © 2010 Gurome Inc.
• 13. Verbal Practice Questions - I Copyright © 2010 Gurome, Inc. Dickens’ writings are marked less by any special rhetorical force or philosophical clarity as it is by its prosaic approachability . (A) as it is by its prosaic approachability (B) as they are by a prosaic approachability (C) than by its prosaic approachability (D) than by a prosaic approachability (E) compared to the prosaic approachability they offer
• 14. Verbal Practice Questions - I Copyright ©2010 Gurome, Inc. <ul><li>The correct idiomatic phrase that should be used is “less by x than by y” and not “less by x as by y”. </li></ul><ul><ul><li>is incorrect because of the use of an incorrect idiomatic phrase “less …as…” Moreover, there is a pronoun error in (A). The plural noun “writings” cannot have the singular pronoun “its”.   </li></ul></ul><ul><ul><li>is incorrect because this too uses the incorrect idiomatic phrase “less as” and distorts the parallel structure of the idiom. </li></ul></ul><ul><ul><li>and (D) both correct the idiomatic error by introducing “less…than”, however (C) retains the incorrect singular pronoun “its”. </li></ul></ul><ul><ul><li>on the other hand eliminates the pronoun for the correct parallel structure “any special rhetorical force…clarity” and “a prosaic approachability” and is the correct answer. </li></ul></ul><ul><ul><li>is incorrect because it introduces another idiomatic error “less by…compared to”. </li></ul></ul>
• 15. <ul><li>An Introduction to MBA Applications </li></ul>GMAT and MBA Applications Copyright © 2010 Gurome Inc.
• 16. Is MBA right for you? <ul><li>MBA is the new BA </li></ul><ul><li>Opens multiple career options, ranging from senior technical to business roles </li></ul><ul><li>Widens perspectives and brings credibility with business folks </li></ul><ul><li>But…takes you a little farther from hands on technical roles. </li></ul><ul><li>Higher you go, bigger the fall </li></ul><ul><li>Takes a lot of time, money, and effort </li></ul>Copyright © 2010 Gurome Inc.
• 17. When is MBA right for you? <ul><li>Typically 3-7 years into your career for a FT MBA; 5-10 years for a PT MBA; 7-15 years for an EMBA. </li></ul><ul><ul><li>FT MBA when you want to change the field or not sure which field to build your career in </li></ul></ul><ul><ul><li>PT MBA when you want to stay in the field and/or have financial/family constraints </li></ul></ul><ul><ul><li>EMBA when already in middle management and facing a glass ceiling </li></ul></ul>Copyright © 2010 Gurome Inc.
• 18. What kind of MBA is right for you? <ul><li>Depends on your experience level, cost and time constraints, and longer term career objectives </li></ul><ul><li>Program options include Full Time, Part Time (Weekend and Evening), Executive MBA, MS/MBA; MS in Finance or Info. Management. </li></ul><ul><li>School options include Top 10 (HBS, Wharton, Berkeley-Haas), Top 50 (UCLA, UW-Foster), Regional (WSU-Pullman, Seattle U.) </li></ul><ul><ul><li>Top MBA programs: \$100K+ </li></ul></ul><ul><ul><li>Middle tier MBAs: \$50-75K </li></ul></ul><ul><ul><li>Regional schools: \$20-40K </li></ul></ul>Copyright © 2010 Gurome Inc.
• 19. What do you need to get in? Copyright © 2010 Gurome Inc. Top-10 schools Middle tier schools Regional schools <ul><ul><li>700+ GMAT </li></ul></ul><ul><ul><li>Good undergrad grades </li></ul></ul><ul><ul><li>Hot shot career </li></ul></ul><ul><ul><li>Phenomenal essays, reco. letters, interview </li></ul></ul><ul><ul><li>630+ GMAT </li></ul></ul><ul><ul><li>Good undergrad grades </li></ul></ul><ul><ul><li>Good career </li></ul></ul><ul><ul><li>Good essays, reco. letters, interview </li></ul></ul><ul><ul><li>500+ GMAT </li></ul></ul><ul><ul><li>Good undergrad grades </li></ul></ul><ul><ul><li>A career (optional) </li></ul></ul><ul><ul><li>An essay and/or reco. letters/ interview </li></ul></ul>
• 21. What goes inside the MBA Application Packet? <ul><li>Essays </li></ul><ul><li>Recommendation Letters </li></ul><ul><li>Short answers </li></ul><ul><li>Résumé </li></ul><ul><li>Official Transcripts </li></ul>Copyright © 2010 Gurome, Inc.
• 22. Business School Application Essays: 4 Main Categories <ul><li>Background Essays </li></ul><ul><li>Career Goals Essays </li></ul><ul><li>Values/Experiences Essays </li></ul><ul><li>Optional Essays </li></ul>Copyright © 2010 Gurome, Inc.
• 23. Background Essays: Strategy <ul><li>As the name suggests, background essays offer the admissions committee an insight into “you” as a person; your family; factors/people that have had an impact in your life. This is your chance to tell them an engaging story. </li></ul><ul><li>Although this is not a career essay or a goals essay, it is important for you to subtly weave in what your motivation for an MBA is without specifically referring to the term “MBA”. </li></ul><ul><li>Interesting examples go a long way in making an important impression in these essays. </li></ul>Copyright © 2010 Gurome, Inc.
• 24. Career Goals Essays: Strategy <ul><li>Typically schools will ask you to present your short-term (3-5 years post MBA) and long-term goals (5+ yrs post MBA) in these essays. </li></ul><ul><li>In these essays, it is important to first lay out your goals and then talk about what steps you have taken to accomplish the goals. </li></ul><ul><li>Your long-term goals may change over the course of your MBA, but it is important to have at least some idea of how best you would want to leverage your MBA and your professional experience 5+ years from now. </li></ul>Copyright © 2010 Gurome, Inc.
• 25. Values/Experiences Essays: Strategy <ul><li>It is important to provide a backdrop before you start talking about what you accomplished. </li></ul><ul><li>Be it essays related to your professional life or your life outside of work, it is important to illustrate the impact your action has had on an organization/people. Provide examples/quote figures (e.g. percentage increase in revenue) to make the essays authentic and interesting. </li></ul>Copyright © 2010 Gurome, Inc.
• 26. Optional Essays: Strategy <ul><li>Attempt this essay only if you feel that you have not been able to discuss something that can add a new dimension to your application. </li></ul><ul><li>You can talk about a startup you are involved with, community service, or a passion/hobby. </li></ul><ul><li>If you have a low GPA or a GMAT or have missed a year in college, this is the essay where you can address those weaknesses. </li></ul>Copyright © 2010 Gurome, Inc.