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10 Myths on Gmat and Mba

Here are the GMAT/MBA related myths, that are worth debunking

1] GMAT preparation means taking Kaplan/Princeton/Manhattan Classrrom courses. [NO you can prepare on internet too, with minimal supervision.]

2] GMAT Preparation is easy. [Nothing is easy GMAT Verbal and Math questions can be really tricky, tough and concept oriented]

3] GMAT is too tough. With practice everything can be done. [If you find it tough, start preparing 2-3 months ahead of the expected exam date]

4] If I dont get 700+ score I wont get selected inTop 20 B-Schools [If you have good work ex and dynamic profile as a professional you can get an admission]

5] If I get 750+ score, I will definitely get into Top 20 B-schools [500+ score doesnt guarantee anything, profile, work ex matters a lot in admission process]

6] GMAT is the end of the journey for admission, once GMAT is taken care of I will definitely get admitted to a B-School. [Essays are a big part of the admission process. Your essays should be professional, succinct and a tribute to your professional life. Do not take them lightly, take professional help for Essay Review ]

7] GMAT is the toughest part of the admission process [wait till you see the questions and essays for each of the B-Schools]

8] Apart from Top 20 B-schools, other schools are worth nothing [There is plenty of B-Schools around the world which provide as good a program as Top 20 B-schools. Rankings are often deceptive and one must not rely entirely on rankings]

9] I can take GMAT anytime and apply [NO, plan atleast 2 years ahead from the year you want to take admission in. For example if you want to apply for Fall 2008, get in the gear by 2006. Give enough time for GMAT Preparation and then for applications]

10] Life will be cool after admissions [MBA programs are very competitive and stressful not for the weak of heart and definitely not for those who want ‘cool’. The higher the university’s rank the more the competition, tougher the program becomes]

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