Hacking the GMAT in 8 days

• This is how I scored a 730 (96th percentile) on the GMAT in 8 days:  The summer before I started my senior year at Northwestern University, I finished my internship and still had a month left.  My brain was getting bored, so I picked up an LSAT book and decided to take the test.   After the first week, I put the book down.  I really did not like that test.  So then I opened up a GMAT book and took a practice test…it was much better.

  I went back to college, and from time to time I would pick up the GMAT book, but never actually spent much time on it.  Then one day, I decided to take the GMAT.  Why?  First, I thought it would be a fun way to test myself.  And second, it wouldn’t hurt to have the GMAT done incase I decided to apply to business school (once you have a job, it will be hard to find time to study).

    I  started reading GMAT forums.  I remember reading everywhere that it took on average 100 hours to master the GMAT.  I took a look at the next day that the GMAT was being offered…it was 8 days later.  I signed up, went to sleep, and woke up the next morning eager to start my 100 hours.

  Why is this guide important?  As soon as I signed up, I looked for a guide for taking the GMAT in 8 days.  No guide was nearly this short.  The shortest course I found was the Manhattan GMAT course during which you stay in a hotel for 2 weeks and learn the GMAT non-stop. 

  Materials to purchase (*):

  • Official GMAT Guide
  • Official GMAT Quant Guide
  • Official GMAT Verbal Guide
  • Official GMAT Integrated Response CD
  • Manhattan GMAT
    • Algebra GMAT Strategy Guide
    • Fractions, Decimals and Percentages GMAT Strategy Guide
    • Number Properties GMAT Strategy Guide
    • Word Problems GMAT Strategy Guide

  * Purchase all of these in e-book format.  On the actual test, you are going to be looking up at the computer, down at your paper, and then back up at the computer.  Get in the habit of doing that by using electronic books.  Additionally, time is a huge constraint; you need your books NOW.  Getting them electronically is a massive advantage as you can get them in seconds.  Personally, I downloaded all of mine off of Kindle.  Oh and also, since it was on my Kindle, I could pull up textbooks on my phone and study while commuting on trains or busses!

  The test is broken down into 4 parts:

  1. Essay

  • You analyze an argument

  2. Integrated Response

  • Mix of quant and verbal

  3. Quantitative

  • Data sufficiency
  • Problem solving

  4. Verbal

  • Reading comprehension
  • Critical reasoning
  • Sentence correction

  First, forget the essay.  At the time I took the test, most business schools had publically stated that they didn’t care about the essay.  And literally, the only prep I did for the essay was the night before I took the test.  I went through about 20 essays (both in the official guide and the Manhattan GMAT guide) that had scored a perfect 6 out of 6, realized that they all had the same format, memorized the format, and reproduced that on the test the next day.  Sure, I only got a 5/6 on the essay, but when you only have 8 days, every second of study time is valuable. I have typed up my essay notes below:

  Essay (formally referred to as the Analytical Writing Assessment):

  1. Identify/ Summarize the evidence +conclusion
  2. List the flaws (3 to 5)

            a) Cause and Effect

                i. Conclude that x causes y when y causes

                ii. Conclude that x causes y when y causes x

            b) Statistical

                i. Sample is not representative of the entire population

                ii. Conclusion does not match statistics

       3. Analogy

                i. Not enough similarities to draw conclusions

       4. Other

                i. Unsubstantiated assumptions

                ii. Vague words: some, many, few

                iii. Ignoring supply+demand fundamentals

                iv. Drawing a strong conclusion based on weak evidence

       5. Find 1 or 2 ways to strengthen the argument

       6. Choose the top 2 to 4 flaws -> write essay

       7. Proofread

  Essay outline:

  1. Tell what you are going to say
  2. Say it
  3. Tell ‘em what you told ‘em

  Intro:

  • First sentence: paraphrase argument and state that it is flawed.
    • General Format: The author concludes x based on y, however…
    • Second sentence: In drawing this conclusion, the author not only fails to X, but also Y, furthermore, the author Z’s.

  2nd Paragraph (biggest flaw)

  • State your point
  • Elaborate and/or provide examples
  • Explain why this indicates a weakness

  3rd and 4th paragraph

  • Repeat what you did in the second paragraph

  Last paragraph

  • Explain how the argument can be strengthened
  • Suggest ways in which we can evaluate the conclusion
  • State that the argument is flawed
    • General format, “As it stands, however, the argument is flawed for the reasons indicated.”

  GENERAL ESSAY NOTES:

  • Keep it simple- it’s a computer program and a person grading (and they only take 2 minutes to read your essay)
  • Time management
    • 5 to 7 on discussion points
    • 20 minutes writing
    • 3 to 5 proof reading
    • Vary length of sentences
    • Use transition words generously
      • ex: first, second, third, therefore, additionally, consequently, because, since, finally, similarly, conversely
      • Don’t refer to yourself

  Integrated Response

   For this section, I would only do the practice problems from the official guide.  Make sure you do the ones in the book, as well as the problems that come on their CD (it comes with the book).  I did both the official guide and the Manhattan GMAT guide.  I simply just learned way more from the official guide questions.  And unfortunately, I lost the CD with the additional practice questions :(

  When I took the test, most of the top business schools had publicly stated that they did not care about the IR section (Harvard Business School said that they would still consider it).  This was because the IR section was brand new when I took the GMAT.  Therefore, business schools didn’t have historical data to evaluate IR scores.

  Quantitative:

  2 sections

  • Problem Solving: basically like normal multiple choice
  • Data Sufficiency: you are given two statements, and you need to decide which of them are true (this type of question is unique to the GMAT)

  Both quantitative sections test fundamentally the same skills: your ability to do math, so I will address them both at once.  Doing well on the quantitative portion comes down to how many practice problems you have done.  The more problems you work through, the more likely it is that those same problems will show up on your actual test.  Don’t waste your time with the lessons.  Learn which problems you really don’t know by trying to do them and working through them with the answer key.  To cut down on time, start at the end of the Official GMAT Quantitative guide and work backwards.  Questions at the end are generally harder, so you will learn faster.

  I first started with the syllabus that the Manhattan GMAT instructor had given me.  It had lessons and then practice questions selected from the GMAT guide and the Manhattan practice books.  After the 3rd day of working through the syllabus, I knew I would not finish in time for the test, so I only worked on official GMAT math problems for the rest of the time.  One of the biggest takeaways that I got from doing both the Manhattan math problems and the official GMAT math problems was that the official math questions were much more accurate and helpful in terms of what was actually on the test. On the other hand, Manhattan solutions to problems usually showed faster and simpler methods to solving similar problems.

  Another key strategy is to use Khan Academy.  There are going to be times when you are burned out from working through problems.  When this happens, open Khan Academy and navigate to the GMAT page.  There I found that he had recorded himself working through every math problem in the old GMAT official guide.  This is extremely useful, since you can see someone work through problems and explain step by step what they are doing and why.  This was probably the best tool for quickly learning the math section that I used.

  Along the way, you may realize that you forgot how to long divide or multiply two numbers.  You will also realize that it is easy to miscount zero’s and decimal places.  You have been warned.

  Random notes on the Math Topics:

  • Ratios
    • You will see these a ton.  They are very easy to make a simple mistake on.
    • Factors and Multiples
      • You need to memorize divisibility rules
        • Ex: A number is divisible by 9 if the sum of the digits is divisible by 9
  • You need to memorize the square of 1 through 20
  • Rates
    • These probably gave me the most difficulty.  Drawing a picture of the problem helped.
    • Systems of Equations
      • Most times, this means just plugging one equation into the other
      • Overlapping Sets      
        • Quickly draw and label a Venn diagram
        • Right Triangles
          • There will be a bunch of rules listed on these in both the Mahnattan GMAT book and the Official GMAT book.  You need to memorize all of these.
          • Inequalities
            • Rearrange the inequality
            • Exponents
              • There will be a bunch of rules listed on these in both the Mahnattan GMAT book and the Official GMAT book.  You need to memorize all of these.
              • Percentages
                • If you have trouble on these, draw a box and shade in the appropriate percentages so you can visually see the problem
                • Coordinate Geometry
                  • Draw stuff and count spaces carefully

  Verbal – use the official guide

  • Reading comprehension
    • First, skim the questions so that you know what you are looking for
    • Read it like it is a story.  Understand the general flow of the logic, and write a small note next to paragraphs so that you can quickly reference paragraphs when answering questions
    • Critical reasoning
      • Just do a bunch of these.  Take all the ones you got wrong, and go over them with a friend.  This is important because when you initially try to solve the problem, you will create a line of logic in your head that makes sense to you.  It is hard for you to change your line of logic without someone else helping you to think differently
      • Sentence correction
        • Both the Official GMAT Guide and the Manhattan GMAT Guide will have a list of common sentence corrections that you will have to look for.  I have reproduced my outline of this section below:

  Types of Errors:

  • Misplaced modifier
    • Misplaced
      • Modifier is placed far away from subject, thereby not modifying it
  • Dangling
    • Not really clear what it is modifying
    • Ex: I got some tips for how to protect myself from the police.
  • Squinting
    • Modifier may modify 2 different subjects
    • Ex: Students who miss classes frequently fail the course
    • Pronouns do not agree
    • Improper comparison
    • Wrong subject/verb agreement
    • Wrong verb tense
    • Improper sentence structure
    • Incorrect idiom: You simply need to memorize these.  I have listed common idioms below to kick start you…
      • between: 2 people
      • among: 3 people
      • fewer: a specific #, ex: fewer children (countable nouns)
      • less than: a continuous quantity, ex: less devastation (quantities)
      • farther: distance
      • further: degree
      • contrast A withB
      • dated at
      • responsibility to
      • same to A as to B
      • so A as to be B
      • much: used for an uncountable quantity, such as rain
      • many: used for a countable quantity, such as people
      • aid in

  Other tid-bits:

  • Where you study is important:  Fortunately, my girlfriend lived about a minute away from my house.  When I studied, I would only take my GMAT material to her place and study at her desk.  She would do work directly behind me.  Therefore, anytime I felt like taking a break, there was someone behind me to call me out on checking E-mail or Facebook.  This held me accountable and helped me to stay focused.
  • Diet:  While studying for the test, I was on the Ketogenic diet.  I’m not sure how this affected my mental performance, but having cut out carbohydrates, I did feel like my energy was lacking at certain points in my study marathon.  On the other hand, it greatly simplified my choice of food, so I put almost no mental effort into choosing my food.  Maybe this helped me focus on the GMAT more?  I don’t know.
  • Signing uphere:  If you are going to take the GMAT seriously, you need to sign up.  If there is no deadline (test date) and you haven’t paid the $250 to take the test, it is going to be much harder to motivate yourself.  Sign up here.

  Wrap-up:

  At one point, I wanted to stop because life got boring.  I would literally study all day and eat really plain food (because of the Ketogenic diet).  However, during the last day of studying, I felt abnormally happy.  I had come to appreciate the test since I had spent so much time learning it.  The strategy written above for hacking the GMAT in 8 days worked for me.  I wrote this post so that I could help others hack the GMAT in 8 days, so if you think I could add value to this post in any way, please let me know and I will do my best to help.

  Source : taken from a student's blog 

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Your Voice Is Your Key to Interview Success

Your Voice Is Your Key to Success

In the last article, I would like to share with you the vital role that your Voice plays in conveying passion.

When many of my clients first come to me they ask why they don’t seem to be able to capture the attention of their audience when they are speaking in a meeting or delivering a presentation. They feel disillusioned that people are gazing out the window or looking down at the floor. Of course part of the reason for that could be that they have not assessed what their audience needs to hear, i.e. the message needs to be accurate and relevant, so that it strikes a chord. However, once that aspect is covered you absolutely need to deliver your message with confidence, style and passion. The voice plays a crucial role in conveying those three qualities.

So, here's the next component for Passion…

Voice Visualisation: this is conveying the meaning behind the words by consciously varying the tone and energy of your voice. Voice visualisation is also referred to as varied intonation.

The opposite is of course a monotone voice and let’s face it, we’ve all experienced listening to such a voice at some point in our lives. A monotone voice gives the impression of low energy, low enthusiasm and low passion and will often send the audience off into a trance or even to sleep.

Quite often people are completely unaware that they slip into monotone mode when they present. Even if they receive feedback that they are delivering in a flat tone, or flatlining as I call it, they are not consciously aware that they are doing it. They can be delivering good news but it sounds like the end is nigh, just like in this tea commercial..So how do you start to become consciously aware of your voice and ensure that you incorporate voice visualisation?

Let’s imagine a grandfather reading a story to his three young grandchildren at bedtime. When he is reading the part where “The giant ogre thundered through the village, crushing homes and picking up people with his gigantic, monstrous hands!” his voice and facial expression convey panic, terror, horror, run for your lives.

Later on in the story he is reading the part where “The teeny, tiny elves relaxed after a hard day’s work in the forest by sitting on the forest floor, drinking mead from elf-sized tankards and laughing and telling jokes and old traditional stories about their land and people.” Here the grandfather’s voice and facial expression change to a warm and friendly tone to convey the sense of fun, laughter, happiness and safety. It is vitally important to understand the need to convey the meaning behind the words, otherwise they are just words without meaning.

Here are some practical exercises to help you lift your words off the page and convey passion…

Listen: to an audio storybook of your choice (you can download audio storybooks from iTunes and many are also downloadable through Amazon) and really listen for the varied intonation of the narrator, the light and shade in the voice, the voice visualisation and the speed of their delivery.

Read aloud: now record yourself (audio or video recording), delivering an extract from the audio storybook. You can buy the physical or Kindle version of the book too, so you have the words.

Playback: play your recording back and compare your voice to that of the narrator. Become aware of where you need to start lifting words off the page in order to bring them to life.

Speed: You also need to appreciate and become aware of the speed of delivery of your words. The narrator will have a clear, slower speed, which adds gravitas and a richness to the story. It also ensures that each and every word is articulated well. To do this apply the rule of every single word is sacred. Picture that each and every single word has an imaginary cushion of air around it to protect it from being melded into the next word. A Voice Recorder app with sound waves will help you see where you leave a space between words and where you don’t.

Accent and native tongue: Please be assured that accent, or the fact that the language we are presenting in may not be our native tongue, are not necessarily barriers or hurdles. The slower and clearer we are, the more we will be able to articulate our words, so that they are easily understood by our audience. However, if we speak fast and meld our words together with an accent (and we all have an accent) it will be hard for our audience to clearly understand everything we say when we are presenting in a multinational environment.

Practice, practice, practice: So, keep on practicing and recording the words from the audio storybook until you succeed in sounding as varied and passionate as the narrator and also that your words are clearly articulated.

The real thing: Once you have mastered the above, practice bringing those skills into your everyday conversations and certainly into your meetings and presentations. The good news is that we have lots and lots of opportunities to talk each and every day, both in formal and informal settings, so start to become consciously aware of your voice and how you are using it. Where legally OK to do so, start recording your telephone conversations, using a voice recording app, as previously mentioned, and play them back to check your voice visualisation and speed of delivery.

Source 

Steve KnightInfluencer

Director: Leadership Trans4mation; Adjunct Professor of Business Communication: INSEAD

Choosing the right global MBA

PLANNING AN INTERNATIONAL MBA

 It is imperative to know the reason. Preparing for an MBA is more of introspection

Hence explain the reasons to pursue the degree abroad (becoming a global resource being one of them) Ask yourself questions like, what do I want to do 5 years from now?

What am I? (Personality wise), what do I know? (Technically, professionally)

1. Survey of 2004 GMAC shows a 56% increase from 48,000 – 82,000. Wider range of Business knowledge.

2. Enhance in your own field or own employer (paid training)

3. Elective in emerging fields like Telecom Management, IT, E-Commerce, gives an opportunity to expand career options.

4. Your current interests or aptitude don’t match the work or degree you have.

5. It teaches you to be a team player; the alumni network across the globe (helps you to become a global resource on the hiring front to)

Benefits of a Global MBA Degree

•         Increase earning potential

•         Career Enhancement

•         Expand career options(emerging field)

•         Career Switch

•         Become a Global Resource (Networking)

How to enter? Which are the requirements to be admission?

Devise an Action Plan

• Explore Career options (earning potential post MBA).Know why you are doing MBA
• Interact with program coordinator, Look at catalogs to short list/ Rate the            Program, alumni current students.     
• Prepare for GMAT + TOEFL  (3 – 4 months)
• Select B- schools(5) of interest
• Be sure of the B- School choice (APPLY)
• Proof read your essays
• Prepare a neat applicant packet
• Take the optional  interviews

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              

Choosing B-schools Abroad

Parameters for selection -Do NOT choose based on rankings alone. Do not base you judgment on hearsay. Analyze your needs and what does the program offer. Does the deliverables of the program fit your future professional needs?

• Career Goals - ask yourself the reason for doing the MBA- career change, enhancement, go up the financial ladder,
• Program Flexibility & Curriculum ( Electives or Specializations)  -- updated Curriculum, mix of theory & Application, case study
• Faculty Expertise & Quality
• Career Placement
• Reputation of the Program & Ranking -General Mgt, specialisation.
• Location - job, placements, internships, cost of living ,
• Length of the Program -, 1yr, two yr
• Cost of the Program & Financial  impact
• Student Body &Culture

1.      Where to study?

• USA. MBA Programs in the US are well-known; because they exist longer, have more credibility and worldwide recognition. Furthermore, the American economy has stronger influence in the world, and the American schools have good infra-structure, resources and a more international student body.
• Europe. There are very good schools. European programs are focusing on International Business, which attracts students from all over the world.
• Canada. The country has good schools and a high level of development in the economy and social life.
• Asia. The programs are more focused on local needs.
• Australia. The programs are more focused on their local needs, as Asian Programs.

2.      The best schools

The best schools – USA

·         Chicago –Finance and Marketing

·         Stanford – General Mgmt , Finance

·         Harvard – General Mgmt ,Entrepreneurship

·         University of Michigan – Production/Operations

·         NYU (Stern)  finance

·         Columbia –Finance     

The best schools- Europe and UK

• FRANCE – INSEAD
  HEC School of Management
• IMD, Switzerland
• ROTTERMAN SCHOOL OF Management 
• London Business School ,UK
• Manchester Business School

The best schools – ASIA

·                     ISB ,India

·                     CEIBS,China

·                     NUS , Singapore

·                     HKUST, ,Hong Kong

The best schools – Australia

·         Melbourne Business School

·         Australian Graduate Business School Management

·         Monash University

B-School Admission Criteria:

Primary factors

·         Academic Performance

·         GMAT Test Scores

·         Application Essays

Secondary Factors:

Work Experience, Recommendation letters, Extra-Circular Activities

Let's face it. By the time you're applying to business schools, there are only a limited number of things you can do in order to make yourself more marketable. The key is understanding where 80% of your effort should be focused … These are some of the factors B-schools look for in a candidate. There are all kinds of reasons the B-school admits you … not just your scores but other aspects of a person’s qualification, like academics, your application essays, good experience. In the B-school Admission – the whole is greater that sum of the parts.

Once you have a goal in life…you yearn to realize that goal with preponderance, dedication and gusto. Thus starts an odyssey of building a career ….In order to have a successful career you need determination and the unflinching passion to succeed.