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Should I bother taking the GMATŪ and applying for an MBA program?



 
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Should I bother taking the GMAT and applying for an MBA program? #1 (permalink) Tue Oct 28, 2008 4:01 am   Should I bother taking the GMAT and applying for an MBA program?
 

I am a physics/finance dual major 3.3 GPA in physics, 3.5 in finance, 3.3 overall.

I heard that you usually need to have work experience to get into a top school, which i don't have. And to be honest, it's not easy finding a good job with the current economic climate either...though perhaps i'm not looking in the right places.

Anyways, i'm certain that i can do well on the GMAT..but i'm not certain how well...are high scores enough to get you into a good school or is work exp a definite prereq. I heard that only like 1/10 students get into grad school right out of college...but it doesn't say how many apply for mbas out of college.
Knightpraetor
I'm new here and I like it ;-)


Joined: 28 Oct 2008
Posts: 10

Should I bother taking the GMAT and applying for an MBA program? #2 (permalink) Mon Feb 02, 2009 6:41 am   Should I bother taking the GMAT and applying for an MBA program?
 

Whenever you entered into the school,you should have some experience.Anyway i wish you all the best to get a new job.Hope you will get soon.

gomez
Gomez12
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Joined: 02 Feb 2009
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Should I bother taking the GMAT and applying for an MBA program? #3 (permalink) Thu Feb 19, 2009 9:19 am   Should I bother taking the GMAT and applying for an MBA program?
 

Knightpraetor wrote:
I am a physics/finance dual major 3.3 GPA in physics, 3.5 in finance, 3.3 overall.

I heard that you usually need to have work experience to get into a top school, which i don't have. And to be honest, it's not easy finding a good job with the current economic climate either...though perhaps i'm not looking in the right places.

Anyways, i'm certain that i can do well on the GMAT..but i'm not certain how well...are high scores enough to get you into a good school or is work exp a definite prereq. I heard that only like 1/10 students get into grad school right out of college...but it doesn't say how many apply for mbas out of college.


Dear Knightpraetor,

If you are looking to get into the top 20 B-Schools you need to have a minimum work experience of 3 years. Even with 3 years work experience you can get into these B-Schools provided your work experience is extra ordinary besides a very good GMAT score. The average work experience in Top 20 B-Schools is around 4-5 years. You should also look for a GMAT score of 700+ to get into these B-Schools. If you consider the B-Schools with rank range of 40-50 the average GMAT score is 650. If you are bent upon the point that you have to join straight away you can get into some B-Schools but at the end of the day you may feel that you should have joined a better school after gaining work experience. So, if it is feasible I suggest you to work for at least 2 years so that you can plan to get into some good B-Schools. At the same time you will have ample time to prepare for GMAT because you need to score high in GMAT to get into good B-Schools with 2 years experience.

Remember a very good GMAT score alone is never capable of getting you an admission into the top B-Schools.In addition to GMAT score to get into top B- Schools you must convince the admissions committee that you have some good work experience, leadership skills besides telling them your long term goals etc; for which I think you should definitely take some time. In fact I have written essays to the students who got admissions into some of the top Schools and I know how important it is to have work experience to get into top B-Schools.
Sureshbala
I'm new here and I like it ;-)


Joined: 19 Feb 2009
Posts: 16
Location: India

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