Month: August 2015

GMAT Retake

GMAT Round 2

Yesterday was the big day. I practiced for 4-6 hours a day over the last month. I was sure I was going to improve my 610 from round 1. Data Sufficiency was still a struggle but I knew the basics and had  solid practice tests. I had geometry, probability, stats, coordinate geometry, and counting down. Then the exam happened.

Time management is still a problem. I got caught up on two problems that put me two minutes behind. I was able to make up some time on a question I had little idea how to answer. I finished within time even though I was rushed on a couple questions towards the end. Data Sufficiency was a pain but I went into the questions with a good mindset. It seems the GMAT is really good at honing in on where your weak points are and exploiting them. I didn’t have a single probability question and maybe 1 or 2 geometry questions. All in all I thought the effort was solid. Not 49 solid but at least 44 solid. As usual, verbal was easier for me. I did get caught dozing off on a couple reading comprehension questions. More coffee or granola bars next time!!

Final Results:

Overall: 690 (86th percentile, up from 63rd)

Quantitative: 41 (48th percentile, up from 29th)

Verbal: 42 (96th percentile, up from 91st)

Yes, it’s an improvement but I am not happy with the quant results. Damn those engineers and quant whizzes who skew the results 🙂

I am registering for one more shot before submitting my applications. My reach school, Columbia, is due October 7th for Early Decision. Most of the others are due by the end of September. My goal is to hit a 48 in quant and 45 in verbal. I have read that perfecting the GMAT is frowned upon but I have lots of room for improvement. If I can push into the low to mid-700s I will be happy. I always told myself I could do anything as long as I dedicate time to it and don’t give up. This is just another personal challenge.

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Stock Market Meltdown

I was watching the stock market implode yesterday morning and one thought crossed my mind: How will this benefit my business school applications? If the market and economy really slows down will less people apply for school? Is everyone already set on their path, making it irrelevant?

Some of the books I have read note that during the financial crisis fewer people entered MBA programs due to a fear of not finding a job in the uncertain economy. I work in the tech sector and my MBA focus is going to be Entrepreneurship. I don’t have ambitions of working as a consultant or in investment banking when I finish school. If a slowdown in the economy means less people apply to school then I welcome it. However, I would also have to worry that as VC reserves dry up and firms take less risk, I might have to look elsewhere for funding if needed. These are interesting times and the challenges are plenty. Back to GMAT prep… 🙂