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20

07.10

2:17

GMAT To Include Integrated Reasoning Section Starting June 2012

The Graduate Management Admission Council (GMAC) recently announced changes to the Graduate Management Admission Test (GMAT) that are set to take effect June 4, 2012. The test, called Next Generation GMAT, will include an integrated reasoning section. The goal of this new section is to provide insight into how the test taker will perform in today’s information-filled business environment.

The integrated reasoning section will evaluate the test taker’s ability to evaluate and synthesize information from multiple sources. These sources may include graphs, charts, and spreadsheets. Test takers will also be asked to evaluate trade-offs, interpret visual data representations, and determine probability and statistics. While question types are still in testing, the GMAC predicts that some questions will have multiple parts and more than one correct answer. They have not yet decided whether partial credit will be an option on these questions.

For the past four years, the GMAC has conducted surveys of business school faculties in order to evaluate the current test and pinpoint improvements that could be made to the test for the future. The integrated reasoning section is the primary result of these surveys. Faculties expressed the need for incoming students to be able to integrate data, work through complex problems, and make statistical inferences. Next Generation GMAT seeks to make the test more applicable to business schools by asking test takers to complete problems that are similar to the work they will face once in graduate school.

The GMAT will still take three and a half hours to complete. The 30 minutes integrated reasoning section will replace one of the two essays in the analytical writing section.

Currently, the GMAT analytical writing section contains one Analysis of an Issue essay and one Analysis of an Argument essay. The Next Generation GMAT will only include one essay, but students could be assigned either an Analysis of an Issue prompt or an Analysis of an Argument prompt. Therefore, test takers will still need to prepare for both types of essay during their GMAT test preparation. Business school admissions officers have stated that the two current essay test scores are highly correlated. For this reason, they anticipate that one essay will continue to provide a fair and accurate measure of test takers’ abilities.

Scoring on the Next Generation GMAT will change only slightly. The verbal and quantitative sections of the GMAT will remain the same and will continue to be scored on a scale of 200-800. There will be a separate score for the single essay in the analytical writing section and a second separate score for the integrated reasoning section.

The GMAC assures future test takers that more information about specific question types and sample tests for Next Generation GMAT will be available closer to the time of the test’s release. A GMAT course will help people planning to take the GMAT after June 2012 to prepare for the test, including the new section. Developing a comprehensive study plan is the best way to ensure success on the GMAT. Making time for GMAT test preparation and taking Next Generation GMAT practice tests are generally the best way to enter the exam confident and prepared.

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02

07.10

2:43

Which MBA program is right for you?

The decision to get an Masters of Business Administration requires research and preparation. It can be an important step in furthering a career and the right program will open many doors. There are various types of MBA programs available and it is possible to find an option that is suited to every type of student.

Requirements
Most MBA programs require a standardized test, most commonly the GMAT. GMAT test prep can help you to gain a better idea of what you will need to study in order to do well. Online test prep is a great option for people who want assistance that fits into a hectic schedule. It is also important to find out about any GPA or course requirements from your undergraduate degree. Some MBA programs will want you to have taken a certain level of math courses, but many make it easy to complete these requirements at the start of the MBA program if need be.

Location
Many prospective MBA students will want to stay in a certain region while others are willing to relocate for the right program. It is often worthwhile to consider schools in your area or schools in close proximity to an area where you would like to live and work after completing the program. There are also many online MBA courses that can provide a flexible option to students who would like to complete their MBA primarily from home.

Schedule
Most full time MBA programs will require two years to complete. While a part-time MBA program will take longer to complete, these programs are typically designed for working professionals who would like to continue to work throughout the program. These programs will offer a full range of evening and weekend classes to accommodate this schedule. Some schools also offer an accelerated MBA course that can offer students the opportunity to complete an MBA in as little as one year. These programs will generally require a high level of dedication and an increased time commitment for the shorter period of time.

Courses
MBA programs often offer concentrations such as finance, marketing, human resources management, or non-profit management. If you have a specific interest area, these can be a great opportunity to take additional specialized courses. Each MBA program will offer different types of courses that can be used to complete the requirements. Reading over the course descriptions from prospective universities can offer a better idea of which program offers classes that are best suited to your career goals and interests.

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24

06.10

3:48

Looking to spend a semester abroad? What you need to know

Spending a college semester abroad can be one of the most exciting and rewarding times of your life. Since traveling to a foreign country may not be for everyone, there are many things to consider before packing your bags.
Start by considering the costs and benefits of a semester abroad. Many colleges and universities have formal study abroad programs, but these often come with fairly hefty fees. Others have “exchange” programs with foreign universities, but these can sometimes interfere with obtaining or keeping financial aid. Before making any decisions, ask for a listing of the costs and fees associated with spending a semester abroad.
Next, look at the available course offerings at the foreign university or college. Most study abroad programs will only transfer these classes as elective liberal arts credit; it is very rare to find a school that will give credit for specific classes, especially if those classes are prerequisites for other classes. Speak with your school counselor to see how studying abroad would fit into your academic plan, and at what classes you will need in order to graduate; studying abroad might mean needing to complete an extra semester once you get back. Of course, the opportunity to complete coursework in another country might be worth needing an extra semester to complete your degree. Many future employers look at time spent in a foreign country as similar to completing an internship. Being able to say that you can converse with native speakers of a language, and the contacts and friends you make in a foreign country will stay with you for the rest of your life.
You should also look at the type of support offered by both schools for their exchange students. Is housing provided, or will you be expected to find your own place to live? Does the host school offer a meal plan, or will you be expected to cook your own food? While some students like the security of living with other students, being able to live on your own in a foreign country can be an invaluable experience. Living on your own means learning to cook with local ingredients and will broaden the range of people you meet while traveling. Living on your own also means interacting with the local culture in a way that you cannot do with any other type of study.
The experiences of studying in a foreign country will stay with you forever. A number of professionals in the workforce are still in contact with the friends they made while studying abroad. One professor in her 50s still regularly exchanges e-mails and gifts with the friends she made while traveling as part of a class while earning her Bachelor’s degree. When talking about her experience she has said; “My friend also teaches at a local university in her country, and since we’re in similar fields, we often exchange ideas for papers. We’ve even worked together on a few of them over the years.” Other students use their foreign travel experience to get interviews with multi-national companies after they graduate.  Whatever you choose to do with the experience, your time spent abroad is something that will stay with you for a lifetime.

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18

06.10

2:27

Top Ten Must Haves for the Business School Newbie

If you have recently been accepted into a business program or are still trying for a spot at a school of business, you may have realized the extent to which electronics are needed. Not only do most business programs officially require laptop computers and advanced calculators, many make life without a smart phone or other devices nearly impossible. These ten gadgets will certainly improve your day to day affairs as a student of business.

1. EPOS Digital Pen

This is the new, more convenient type of USB flash drive. The handy tool combines digital pen with USB flash drive to create a writing tool that records trace movements into the USB flash drive, freeing you from the hassle of keeping track of paper notes.

2.Apple  iPod

Okay, so most current students and prospective students already possess an iPod or some other type of mp3 player. If you don’t, you really ought to consider investing in one. Not only can the music you download to it provide you a relaxing reprieve from your studies, classical music can actually improve your study sessions! This is only a good edition if you are committed to a mobile platform other than Apple or a provider other than AT&T. If not, then just spend a little more for the new iPhone 4.

3. HP OfficeJet all-in-one printer, fax, scanner, copier

As a business student, chances are you’ll be writing a number of papers. There is also a good chance you’ll need a scanner and copier in many situations, perhaps even a fax machine. The HP OfficeJet all-in-one printer, fax, scanner, copier is convenient, reliable and easy to store in even the tiniest of dorm rooms. Models are updated frequently, but look for one with Wi-Fi to make things even easier to connect to your network.

4. Kindle 2

Amazon’s newest version of the Kindle is great for those who love to read, or simply have a huge load of readings for college. It is easy to use and offers super fast internet access. Users can choose from a collection of over 400,000 books, newspapers and magazines and the online Kindle store. Best of all, the device’s ability to hold 1,500 books at once is definitely appealing for the business student, given how difficult it is to find storage space in dorms and college apartments. MBA students can use the available library to help them with test preparation on the go, without the hassle of carrying their hardback books along.

5. RIM Blackberry Presenter

If you own a Blackberry Smartphone, you should consider investing in the new RIM Blackberry Presenter. This gadget connects to the Blackberry Smartphone through Bluetooth and hooks up to monitors and projectors. It can be used to present PowerPoint presentations straight from the Smartphone.

6. Apple iPad

This revolutionary device bridges the gap between laptop and smart phone. The mix of both allows students to consume massive amounts of media and information in interactive new ways. Companies are continually coming out with new ways for students to interact with this device and their software. Things like games, movies, books, music, test prep materials, courses and communication are now not only portable, but easily viewable.

7. PowerSquid

Dorm rooms and college apartments often lack the number of outlets required to charge various types of gadgets. The PowerSquid solves this dilemma by providing several extra places to plug in a variety of devices. The power strip is also environmentally friendly-students tend to forget to unplug gadgets when heading out for the day, but the PowerSquid allows you to turn off everything at once and therefore save a great deal of energy.

8. Light Touch Projector

Like the Blackberry Presenter, the Light Touch Projector connects via Bluetooth and is useful for presentations. The Light Touch Projector is unique in that it projects a touch screen to any surface, which means that you can use it to connect to social networks and other applications. Additionally, the Light Touch Projector can connect to the internet using Wi-Fi, an ability that proves handy for those who lack access to Bluetooth.

9. Magnadyne Multi-use Car Charger

Many college students do not have access to car while on campus, but for those who do, a multi-use car charger can be a life saver. Magnadyne’s version lets you hook up four devices at once. This gadget is very useful for college commuters, especially those who balance their class load with a full time job.

10. Apple iPhone 4

The yearly reboot of the ever prominent and market dominating iPhone. Updated hardware includes dual front and rear facing cameras, 960×640 display resolution, better antenna integration for less dropped calls and significantly increased battery time over previous models. Load this phone up with all of the educational apps that you need to make test prep and studying much easier.

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11

06.10

2:58

The Average Salary Increase with an MBA

College graduates may see themselves as being a cut above the rest, but many don’t take the time to look at the difference between themselves and business school graduates. Taking into account the differences between the normal college track and the MBA track, business school becomes a logical choice for personal, professional and monetary gain. In order to achieve this gain, one must first conquer the GMAT.

By taking the GMAT, otherwise known as the Graduate Management Admission Test, you’ll be able to enter a MBA program at a number of schools. The GMAT test is used worldwide to measure the ability of students to demonstrate successful traits that will statistically allow them to succeed in an MBA program. The school that you are able to addend is dependent on the score that you are able to achieve on the GMAT. The score that you achieve on the GMAT, typically correlates to the prestige level of the business school that you are able to get into. Simply put, the higher you score, the better the school you can attend.
Over the past few years, it has become apparent that degrees tied to business, management, and the financial sectors tend to have higher job placement rates than regular degrees. Therefore, building upon your bachelor’s degree with an MBA will greatly increase your marketability.

In comparison to the general salaries of those graduates that earn bachelor’s degrees, graduates that attain an MBA tend to make at least $12,000 more per year than their counterparts. This amount often increases in many fields, usually greatly exceeding the route of completing a double major at the university undergraduate level.

Besides this increase in average salary per year, business school graduates tend to have a higher rate of consistent work in comparison with conventional degree holders. This is because the business, management, and financial fields tend to remain more constant in terms of employment when compared to other fields.

Therefore, college graduates can literally change their lives by adjusting their financial opportunities through earning a degree from a business school. In order to do this, scoring high on the GMAT test is a necessary component. The majority of business schools will only accept GMAT scores as a benchmark for potential applicants, so preparing for the GMAT is the essential step towards acceptance into a strong MBA program.

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20

05.10

12:03

What to Expect Your First Year in Business School

Acceptance into business school is a time for celebration, and while new doors are opened adjusting to university life can often be daunting. Any incoming student has to adjust to university life, which can often be far away from home and a brand new environment, but new business school students must face their own unique set of challenges and experiences their very first year.

Business school students should expect to learn their school’s academic expectations quickly. The curriculum for business programs obviously varies from program to program, but business schools are often much more regulated as to what a student’s courses should be each semester. In many cases, there will be very few, if any, elective courses. Therefore, students who have a strong desire to take classes outside the regular business school curriculum should work closely with academic advisers in order to create a diverse but manageable schedule.

Newly inducted business school students must also keep in mind that their time at university is limited, and that their choices are very important. Deciding right away to aim for a duel degree, multiple concentrations, certificate programs, or accelerated business tracks is incredibly beneficial and saves a lot of hassle later on, for students, parents, and administrative employees alike.

Of course, business students will have to adapt to campus life in their first year. This includes adjusting to living in a new place in many cases, or getting used to commuting to school every day. New people and new experiences are part of everyday life, during classes and downtime alike. Many business school students take advantage of extracurricular activities, from sports to special interest clubs, in order to connect with other students and create lasting memories during their first year at business school.

Nevertheless, the business school experience is unique from that of a regular college freshmen, as the business track involves constantly relating to the applicability of knowledge to the real world. No matter the program, business schools tend to focus on the entrepreneurial spirit and quality experiences. First year business school students should already think ahead about companies or organizations they might like to intern for, paid or unpaid, in order to gain experience. At many schools, these internships can take place during breaks or concurrent to the school year and often count for academic credit.

This real world centric outlook should be very important during a student’s first year in business school, as keeping career minded is one of the wisest outlooks a student can adopt. Many business schools have specialized career centers for internships, part time jobs, and longer employment opportunities both during the first academic year and later on. This allows for lasting ties to form between a student and the career center, making it easier later on when the student requires assistance, guidance, or references.

First year business school students should also expect to get involved in the community around their school. In many business programs, community service is heavily encouraged and sometimes required for graduation. Service opportunities not only form bonds between students, but allow students to understand the community and make a positive impact.

Every business school is different, but a first year business school student should expect to find challenging academic work, innovative classroom experiences, new bonds with peers, and a pathway to savvy business sense and skills that last a lifetime.

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18

02.10

10:01

I’m ready to go to business school, now what?

Applying to business school can be both exhilarating and challenging. The best approach is a well planned one. There are a several important requirements to fulfill when applying to business school. For example, applicants must possess an undergraduate degree. Business school applicants must also take the GMAT, or Graduate Management Admission Test. Several online GMAT prep courses can prepare you for this important exam, helping improve your chances of admission to the business school of your choice.

One of the most important assets to possess when applying to business school is time. You’ll need plenty of time to research different business schools, visit campuses and speak with current students and faculty, ready yourself for the GMAT with GMAT practice tests, prepare your application, and ask for references. While studying for and taking the GMAT may initially cause you concern, there are several excellent online GMAT prep options that make studying more convenient than ever.

Another important asset is patience. Take the time to thoroughly research a number of business school programs. Consider whether you are willing to move far away, or whether it is important to you to stay close to home or your current job when attending business school. In addition to considering the ranking and reputation of different business schools, you’ll also want to get a first hand take on the program by speaking with current students. How satisfied are they with the program? What are some of the most common career paths for alumni? How well do they fit with your own professional goals? Take the time to meet with faculty as well. You’ll be working closely with them while attending business school, so you’ll want to get an idea of which business schools have faculty members whose interests best fit your own career goals.

The application and recommendation process also takes time and patience. Get started early and work little by little on your applications. This will give you time to ask for recommendation letters ahead of time. If you’re asking previous undergraduate professors for recommendations, make sure to avoid doing so near the end of the semester when they are busy with writing other recommendations and grading exams. The same goes for your application. Start outlining your response to the questions well in advance. Also be sure to thoroughly edit your application. You might even ask a friend to read your application over before your submit it to catch any orthographic or grammatical errors.

Be sure to give yourself plenty of time for GMAT prep. The best resources are online GMAT courses that offer you a wide range of studying options from GMAT practice tests to interactive training sessions. GMAT courses help you identify the best strategy for studying for and taking the GMAT test. GMAT courses are a great investment, particularly online options that allow you to study at your own pace and effectively prepare you for the computerized test. Applying for business school is certainly challenging, but the process is well worth it in order to reach your career goals.

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09

02.10

12:57

GMAT Critical Reasoning Section Broken Down

About 11 questions in the verbal section of the GMAT fall into the “critical reasoning” category, and they will require the candidate to read short passages ranging from 20 to 200 words. Usually, a passage presents an argument and tries to persuade the reader that the point it makes is valid. To accomplish this, evidence is presented, followed by some assumptions and the resulting conclusion.

This section is meant to assess the students’ skill in constructing an argument and evaluating one that is presented to them, but they will not need any previous knowledge of the topics being covered. Instead, they must weigh the answer choices presented to them carefully, so that they can detect even the slightest error in reasoning. One of the incorrect choices will suggest something that is totally opposed to the argument maintained in the passage, a choice that is really not covered in the passage, and a choice that completely distorts the facts.

To complete the section successfully, candidates should:

● Read the question before reading the passage. This is called “working in reverse order,” and doing so will help them in finding the correct response.
● Look for the evidence and assumptions presented in the passage, and the conclusion that is at the heart of the question.
● Become familiar with the basic concepts being covered in this section. If a question seems particularly difficult, they should try translating it into simpler language and work from there, remembering that some of the questions are hypothetical and that they should only deal with the facts presented in the passage.

The various types of critical reasoning questions contained in the GMAT include:

● Numbers and statistics - Students focus on ratios and numbers because they have to distinguish between them and take the data at face value as well.
● Studies and surveys - Experiments may also be included here, and candidates are asked determine if the results have been misinterpreted in some way.
● Scope-shift - Here they will detect a slight change in emphasis. (For example, “first-time home buyers may be changed to “recent homebuyers” later on, and this is a sign of faulty argumentation.)
● Causation - In this case, the “result” is mistakenly presented as the “cause.” The passage may state that a problem arose because of a particular factor when its development was actually far more complicated than that.
● Alternative explanation - Here, the argument presented in the passage is incomplete and another solution is needed.
● Explain-a-paradox - In this case, they have to choose the response that fails to meet certain standards, and words indicating a contrast of some kind (however, but) are especially important.

Preparing for the GMAT

For online test preparation, students can visit: http://www.blinetestprep.com/gmat, and choose from one of the three unique programs this company offers to suit their specific needs and circumstances. Also, as part of their overall test preparation, candidates should develop their personal studying strategy and sharpen their professional writing skills at the same time. Taking classes to prepare for the GMAT may involve some expense, but they also provide the motivation and support that many candidates need. Many often find that by signing up for an online test prep class fits into their schedule and provides a good foundation before you take the test.

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29

01.10

2:12

GMAT Sentence Completion Questions

The GMAT, or Graduate Management Admission Test, is one test you will have to take-not to mention all the test preparation you’ll have to do-if you plan on furthering your academic career in the Business or Management fields. The standardized test is used by almost two thousand graduate schools around the world, making it a necessity for those who plan on getting a Masters in Business Administration, or in any other similar area. The test is a general exploration of the test-taker’s business knowledge, skills and experience, and subjective things like motivation and interpersonal skills. Beyond these things, the GMAT measures things that are very simple and that can be adequately prepare for with online test prep sites, like your basic verbal, mathematical and analytical skills.

Regardless of why you’re taking the GMAT, you will probably want to spend at least a month on test preparation to ensure that you get a good score. This is especially true since the cost for taking the test is two hundred and fifty dollars. That’s quite a bit of money, so you’ll want to make sure you’re well prepared. Fortunately, there are plenty of great online test prep websites like B Line Test Prep that will help you to make a great score, regardless of what you think your weak areas are.

One area of the GMAT where people often have trouble is the sentence completion part of the test. These questions aim to measure your knowledge of key grammatical points. Subjects covered may include the passive voice, mismatched subject/object pairs, incorrect verb tenses, and so on. Sentence Completion questions are a part of the verbal section of the quiz, and there are usually between sixteen and eighteen of them. Since the verbal section is only about forty questions, that makes this a very important part of the test that you’ll want to focus on in your online test prep studies or in whatever other test preparation method that you use.

The GMAT’s structure gives you four hours to complete the entire test, with two timed breaks of ten minutes each to give you a bit of a breather. This means that you have a little over three and a half hours for the test, or an hour and ten minutes for each of its three sections. Since the sentence completion part is about half of the exam’s verbal section, you’ll probably be using up somewhere between thirty and forty-five minutes completing and correcting sentences.

An Example Question:

The idea on the GMAT sentence completion questions is taking the sentence given to you and replace part of it with one of the choices listed below.

A) to take the sentence given to you and replace

B) taking the sentence given to you and replacing

C) take the sentence you were given and to replace

D) to taking a number of sentences you are given and replace

E) No change is required

Choice E is a popular one, and makes this section especially tricky, since not all sentences are actually incorrect.

Key statistics for the GMAT sentence completion:

* 16-18 questions in the verbal
* Verbal section consists of roughly 41 questions
* Aim to spend somewhere between half an hour and forty-five minutes on this portion of the test

Remember, sufficient test preparation is vital for success in this and other portions of the GMAT. Fortunately, there are great online test prep sites like B Line Test Prep to help you through your study period.

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16

06.09

12:53

GMAT Reading Comprehension Section Broken Down

The GMAT reading comprehension section of the test is comprised of around twelve to fourteen questions that are within the verbal section of the test. The time available for the verbal section of the test is seventy five minutes. There are four passages to read with three to four questions following each passage. This section of the GMAT measures the skill to precisely and thoroughly read a passage, and then be able to correctly answer questions regarding it. The ability to draw conclusions from the material while paying attention to what the actual question is asking important. Certain parts of the text might be there just to confuse the test-taker. Attention to detail is essential for scoring well on the GMAT.

There are usually three areas that the reading comprehension section focuses on. They are Science (biology, etc.), Social Sciences (history, politics), and Business. The Science section usually has the factual questions, while the Social Sciences and Business sections usually contain the more difficult inference-type questions. A student may be asked to infer an author’s mood from reading a 200-400 word passage. These passages can often be filled with obscure words to further confound the test-taker.

Some useful tips for getting the optimum score on the GMAT include preparing as much as possible for the test. A student that uses multiple study methods such as flashcards, workbooks and an online test preparation course will be much better prepared than a student who does not utilize those methods. Studying over the course of three months is definitely favorable to studying for only three weeks. During the test, the test-taker should pace them self accordingly. Jot down notes in order grasp a certain concept. If a particular question is presenting a problem, then moving on to the next question and returning back to the more difficult question later is a viable option. Spending too much time on any one question can interfere with the ability to finish the test, therefore lowering the test score considerably.

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