Friday, May 15, 2009

GMAT Orientation

f you’re wondering what the GMAT is and whether it’s something you should learn more about, the FAQ on this page is the place to start.
What is the GMAT?
The GMAT (Graduate Management Admission Test) is a 3-1/2 hour standardized exam designed to predict how test-takers will perform academically in MBA (Masters in Business Administration) programs. GMAT scores are used by graduate business schools to make admission decisions.

You might also see the GMAT referred to as the "GMAT CAT"; the acronym CAT stands for "Computer Adaptive Test." The GMAT is administered only by computer now, except in certain locations outside North America, where the test is referred to as the "paper-based" GMAT. (Since you’re reading this on the Web, no doubt the GMAT CAT is available where you are.)

Who is responsible for the design and administration of the GMAT?
The GMAT is the brainchild of the GMAC (Graduate Management Admission Council), which determines what kinds of skills the GMAT should measure — and how it should measure them. But it is ETS (Educational Testing Service) in Princeton, New Jersey that actually develops the test questions, administers the test, and reports test scores to the schools — all at the behest of GMAC.

Do I need to take the GMAT for admission to an MBA program?
To gain admission to an MBA program, chances are you’ll need to take the GMAT. About two-thirds of the 1,300+ graduate business schools around the world require GMAT scores for admission. Schools that do not require GMAT scores nevertheless welcome GMAT scores to help access an applicant’s qualifications.

NOTE: Schools that do not require GMAT scores generally have relatively lenient admission standards and/or are located outside of the United States.

What abilities does the GMAT measure?
The GMAT seeks to measure three broad areas of ability by way of its different test sections:

Analytical Writing Assessment (two 30-minute essay sections)
Quantitative Ability (one 75-minute multiple choice section)
Verbal Ability (one 75-minute multiple choice section)
A separate score is awarded for each of the three abilities listed above. A combined Quantitative/Verbal score is also awarded. The GMAT is not a pass/fail test.

How important are GMAT scores in the B-school admissions process?
Each graduate business school develops and implements its own policy concerning the use of GMAT scores in making admissions decisions. Many schools screen applicants by combining GMAT scores and undergraduate GPA (each school determining for itself their relative weight), then ranking all applicants in their initial pool accordingly.

In addition — especially after the initial screening of applicants — admissions officials consider subjective factors such as work and other relevant experience, recommendation letters, application essays (personal statements), and reports of personal interviewers. In making difficult decisions between two or more similarly qualified candidates, admissions officials rely less on GMAT scores and GPA and far more on these other, more subjective factors.

Has the structure or nature of GMAT changed in recent history?
In 1987 ETS implemented dramatic changes in the format and structure of the GMAT. The GMAT remained unchanged until the fall of 1997, when the paper-based GMAT was supplanted by the GMAT CAT (Computer Adaptive Test). The GMAT CAT is briefer than the paper-based GMAT in total number of both Quantitative and Verbal questions. Also, the GMAT CAT includes two AWA (essay) sections, which were not formerly included in the paper-based GMAT. GMAT CAT scores are based on the same scale as paper-based GMAT scores. Thus GMAT CAT scores can be compared directly to older, paper-based GMAT scores.

Is the GMAT likely to change in the future?
GMAC and ETS are currently considering a variety of refinements in the GMAT CAT, including the following (the first is most likely to occur in the near future):

refining the computer-adaptive testing system to allow test-takers to review previous questions and/or change responses to questions
incorporating questions that measure additional cognitive abilities
incorporating innovations for assessing leadership and listening skills
accounting for the growing diversity of cultures and languages represented among the GMAT test-taking population (perhaps by culture-specific versions for different countries or regions)
Of course, GMAC and ETS will pre-disclose any changes well in advance of incorporating them into the GMAT CAT.

CAT - MBA Admission Test - Overview

CAT is the gateway to the cream of management institutes in India, the IIMs. CAT, or the Common Admission Test, is an aptitude test; it is the most popular test among prospective management students because it is accepted by the best institutes. The CAT is one of the world's ost demanding entrance examinations for any graduate institute.

CAT MBA entrance exam is used as a criteria to shortlist applicants for admissions to the six IIMs-IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, and IIM Kozhikode. Common Admission Test is one of the largest MBA entrance exams conducted in India, anually. The CAT score is also accepted by more than 75 non-IIM institutes across India, some of which are as reputed as the IIMs.

Eligibility for the postgraduate programmes in management at all IIMs and to appear for IIM-CAT is at least a three-year bachelor's degree in any discipline from a recognised university with 50% Marks in graduation. Indian Institute of Management (IIMs), the premier business-schools of the country (and counted among the best in the world) conduct this test for selecting potential students for the next round of admission process (comprising of a personal interview and a group discussion) for their MBA and Fellow-ship programmes.

Those appearing in the final year examination of graduation are also eligible to appear in Common Admission Test. Some People feel that Common Admission Test (CAT) is more of a rejection procedure than a selection process.It rejects those who can’t make their minds work at break neck speed for two and a half hours non-stop.

CAT Exam covers questions in five broad areas such as verbal ability and reasoning, reading comprehension, quantitative skills, data interpretation and logical reasoning.

The number of questions asked in Common Admission Test vary every year and a typical CAT question paper can have anywhere between 75 and 150 questions. Common Admission Test evaluates the candidate's presence of mind and his ability to perform under pressure. Announcement of the procedure for appearing in the Common Admission Test is made in leading newspapers in August every year for admission to the programme beginning in the second half of June of the following year. The test will be conducted during November. CAT 2007 Notification for admission to 2008 session has been announced.

Usually, CAT tests three of your abilities:- Problem Solving- Data Interpretation and Logical Reasoning- Verbal Ability and Reading Comprehension. The CAT examination demands competency across all sections of the paper. So, the number of sections in the test don't really matter; what matters is whether you are competitive and have answered questions in all the sections.

All the questions are of multiple-choice nature with four/five alternate answer choices and the candidate has to choose the best answer for each of the questions and mark it on a special Optical Reader answer sheet. Differential marks are allotted to the questions. The test comprises 150 to 200 objective type questions and is usually divided into three to four sections. The number of questions in the test has been coming down steadily, from nearly 200 in the 1990s to 90 in 2005 and just 75 in 2006.

Very little strategy could be applied in selecting the easiest questions. Cut that down and don't waste time on questions which are lengthy. One misconception is that you need to slove the whole Question Paper - not at all. If you can solve 38 to 40 per cent of the questions, CORRECTLY, you are through.

Not an Engineer - No Problems You don’t need to be an Engineer to get into an IIM . Infact being a non-engineer may help in the Interview part. IIMs encourage diversity. And being a non-engineer you may be compared with other non-engineers. Rather than with engineers who may be compared with IITians.