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In this installment of MBA Interview tips, I want to go over what your GMAT REALLY means. The GMAT exam is a standardized examination, presented in English, that can help business schools examine the qualifications of applicants for advanced study in business and management. A lot of people get a little tense before taking tests, but the Graduate Management Admission Test (GMAT) is an assessment you don't want to put off. There is so much misinformation going around in regard to the GMATs that it's enough to make you want to each for an airsick bag. Truth is, most MBA prospects don't really understand the significance of the GMAT. Hopefully, this installment will clear that up. Okay, for those of you who think it is some kind of IQ test, it is not. The GMAT has nothing to do with your IQ. In fact, some people with high IQs do poorly on their GMAT and others with a low IQ do very well. So that's the first thing you need to get out of your head...the GMAT does NOT measure intelligence. This may or may not be good news for you. What it does tell you, and nothing else, is what the probability is of you doing well in the first year of your MBA program. Ideally, you want to score above 700 if you can. However, that is no guarantee that your first year of grad school is going to be a piece of cake. There are some students who score 700 or even 800 and drop out after a year. Then there are those who score in the 600s and do very well. Also, as far as acceptance goes, scoring a 700+ is no guarantee that you're gong to be accepted, just as a score of 600 does not mean you are going to be rejected. The GMAT, in spite of what people think, is not the determining factor on acceptance. If it was, there would be no need for essays, resumes and letters of recommendation. It's just one more tool to evaluate you.
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