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Resources for GMAT Preparation and MBA Admissions

By Ajay Amar, Ph.D., Jan 24 2017 02:00PM

Over the last couple years, the makers of the GMAT have instituted changes making it easier for you, the test-taker, to pick and choose your best GMAT score to send to business schools. Not only that, but you can make a low score disappear by canceling within 72 hours after taking the exam. Due in part to these test changes, the mean total GMAT score for U.S. test-takers rose 10 points in two years, from 532 in 2014 to 542 in 2016.


Last month, however, the GMAT introduced another change – you can now only take the exam eight times overall. If you were planning to take the GMAT for the first or second time, do not take your preparation lightly. Make every attempt count.


By Ajay Amar, Ph.D., Mar 29 2016 04:59PM

After you take the GMAT, you have an important decision to make – accept the GMAT score, or cancel it? You used to have to make the decision in two minutes or less, but as of March 10, 2016, you have a full 72 hours after your test to decide whether to cancel the score. If you cancel the score, it will not appear on your official GMAT score report – not even as a “C” for “Cancel.”


Your choices now are:


2 Minutes After Your Test – With a preview of your GMAT score in front of you, you decide to keep or cancel the score.


Up to 72 Hours After Your Test – If you kept the GMAT score at the test center, you may still cancel your score online (for a small fee).


Up to Four Years and 11 Months After Your Test – If you previously cancelled your GMAT score, you may reinstate your score online (for another fee).


Two years ago, immediately after taking the exam, you would have had to guess what your score might be, and decide to keep or cancel the score right there on the spot. GMAC’s more flexible policy is a significant improvement that should ease some of the pressure on test-takers. That said, I urge you to prepare in advance to make that big decision: Keep or Cancel?


By Ajay Amar, Ph.D., Nov 4 2014 07:55PM

With few exceptions, the average GMAT score at top business schools has been slowly creeping up. Here are a few GMAT averages from the Class of 2016: Stanford, 732 average GMAT score, +2 points from 2011. Harvard, 726, +2. Wharton, 728, +8. Chicago Booth, 724, +5. NYU Stern, 721, +2. Kellogg, 717, +3. MIT Sloan, 713, +3. It’s not surprising that the anxiety levels of GMAT test-takers have also risen, and aren’t always relieved when that highly important score appears at the end of the test.


The question: Should I retake the GMAT? The answer: Maybe. Given the time that it takes to prepare for the GMAT exam and apply to schools, the decision to retake the GMAT is not made on a coin toss. Here are seven questions to consider – the answers will help you decide.


By Ajay Amar, Ph.D., Jul 15 2014 02:05PM

Not so long ago (June 26, 2014, to be precise), after taking a 3.5-hour GMAT exam, you faced an important decision – one you made based on a gut feeling. Were you going to accept the GMAT score, or cancel it? You had two minutes to make the decision, and you made it blind. If you had a sinking feeling that you had bombed the test, you might cancel. If you had a feeling that you really did not want to take the GMAT exam again, you might accept, and only then would you see the score.


On June 27, 2014, everything changed. Now, you can preview your GMAT score. The score preview is an improvement from guessing that you’ve done okay, only to find out that no, you didn’t. Yet knowing the score does not necessarily make your decision easier. Here are five things to do that will help you prepare for that big two-minute decision.


Austin GMAT Review offers the best GMAT prep course in Central Texas. Our goal for you, our student, is to not only achieve your best possible GMAT score, but also win admission into the business school of your choice.  Here we offer information and news for prospective GMAT test-takers and MBA candidates.