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GMAT Prep: Frequently Asked Questions

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As you begin preparing to take the GMAT and apply to business schools, you probably are wondering if you are going the best way about it. Below are just a few of the questions that we often hear. If you have questions on how to sign up for the GMAT, or about the exam itself, read About the GMAT. You may have questions about our GMAT class or curriculum; feel free to Contact Us.

Q. Why do business schools require the GMAT?

A. Your GMAT score is a very important component of your application, because MBA admisssions officers see it as a strong indicator of how well you will perform academically. Schools have found that typically a high GMAT score correlates to higher grades during the first year.

 

The GMAT score also provides a standardized way of measuring your academic capabilities. Your undergraduate GPA may reflect many things besides your academic capabilities, for example, that you took on difficult courses, shouldered bigger course loads, had more responsibilities, including work or activities, or faced difficult circumstances. The GMAT score can provide a more accurate measure of your actual knowledge and skills than your GPA.

 

Some business schools will allow you to substitute the GRE test for the GMAT. The GMAT is still considered to be the standard exam for MBA applicants. However, if you are considering the GRE test, you might wish to contact our affiliate Austin Elite Prep for GRE classes, and discuss the pros and cons.

Q. What is a good GMAT score?

A. A "good" GMAT score is relative to your target business school. If you achieve a score higher than the average GMAT score of the school's last entering MBA class, you have accomplished a lot. If your score is within the school's 80% range of GMAT scores, you are a contender.

 

Top ranked business schools typically have score averages that fall somewhere above the 85th percentile. You should aim for a GMAT score of 700 or above.

Q. How long should I prepare for the GMAT?

A. According to GMAC, the makers of the GMAT, test-takers who scored in the 600-690 range reported studying 92 hours on average. Test-takers who scored more than 700 reported studying 102 hours on average. People typically prepare for the GMAT over three months, but much depends on your own individual circumstances and capabilities. We strongly recommend that you plan to take the GMAT at least five months before the admissions deadlines for your target MBA programs.

 

Our GMAT Plus class covers the spectrum of exam topics in 56+ hours; and the GMAT Custom course offers 25 or 30 hours of tutoring along with all the classes you can attend. Ideally you should spend time on your own for study and practice, to make the most out of your preparation with our experts.

Q. What is the best GMAT test prep course?

A. The best GMAT prep course is the one that helps you understand the subject matter, equips you with the tools to find solutions quickly and efficiently during the exam, and provides test-taking strategies. Our GMAT course focuses on the content and skills that the GMAT actually tests, and won't waste your time on things for which the GMAT does not test. The best GMAT course values quality of learning above all.

To stay on top of the latest GMAT and MBA trends, we recommend following @austinGMAT on Twitter or join us on www.facebook.com/austinGMATreview.