GMAT Articles

Continued from How Long Should I Study for the GMAT? – Part 1

  • Remember studying for the GMAT is a daily practice. If you have to miss a day, fine; but don’t miss two consecutive days. Also keep in mind that it’s not just the sitting-down-and-studying part that should be daily: you shouldn’t ignore a question type for too long either (don’t, for instance, work on math questions for a week and then verbal questions for a week: the exam won’t be like that, so why would your study time?) Try to fit in both in every sitting if you can (both problem solving and data sufficiency for the math, and all three (critical reasoning, reading comprehension, and sentence correction) for the verbal). Read the full Article

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The most honest (although admittedly, the most unsatisfying) answer to this question is, quite simply, “it depends.” Luckily, however, I can be a little more specific about what it depends upon, and that might help you – as a singular test-taker with needs that are different from every other test-taker – make some personal determinations. In the first place, it depends upon the difference between what you’ve scored on your GMAT diagnostic and what you hope to score on the real deal (let’s call this “the improvement factor”). In the second place, it depends on the degree to which you are capable of maximizing your study time (we’ll call this one “the efficiency factor”). Lastly (and looming over both of these) there is, of course, the ever-present “time factor.” Read the full Article

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The question I inevitably get asked regarding GMAT is: “What is a good GMAT score?” The short answer is that a good score is the best score that you, personally, are capable of achieving – something you’ll definitely have a better sense of once you’ve sat down with a few practice tests.

The longer and equally frustrating answer is that whether a score is “good” or “bad” is pretty indeterminate. Read the full Article

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Broadly, there are a few questions you’ll have to ask yourself when your test scores come in: Am I satisfied with the time and energy I’ve put into preparing for this exam? Given the constraints of my life, did I prepare as well as I could have? Is there room for improvement here? Am I capable (again, do I have the time and energy) of working for that improvement? To make it easy on you, here are 12 things to consider: Read the full Article

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A taxpayer who represented herself in a Tax Court disagreement with the IRS has prevailed in a surprising new decision. (Singleton-Clarke, TC Summary Opinion 2009-182) The Court allowed the taxpayer to deduct almost $15,000 of tuition incurred to attain a master’s degree in business administration (MBA).

NOTE: The new case may open the door to deductions in similar situations.   Read the full Article

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I should begin here by differentiating between these two questions (and it’s a really important differentiation!): How many times you can take the GMAT, and how many times you should take the GMAT. To answer the former (let’s get the objective answers out of the way first), here’s what your limitations are:  Read the full Article

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Now that you’ve decided to go back to school, you might be feeling like Al Pacino in Godfather III; “Just when I thought I was out… they pull me back in!” It is overwhelming just thinking about hitting the books again, relearning the math you could not wait to forget.

Keep your eyes on the prize. Read the full Article

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