How to study for the GMAT in a month

November 30th, 2010

Prepping for the GMAT in one month is possible, but it will be hectic. While there is a lot you can do in 30 days, you will likely feel rushed if you try to fit all the work necessary to significantly improve your score. At the very least, you’ll have a very full schedule leading up to test day. (If you are trying to prep for the GMAT in one month and you find that you have a lot of time to kill, you might be doing something wrong!)

If you can, we recommend setting aside at least 3 months for GMAT preparation. But if you only have a month (hey, it happens), here’s a straightforward way to organize your studies and make the most of your time:

Week 1: Diagnosis and Practice

Take a practice test and carefully go over your wrong answers. Look for patterns. You want to see if there is one particular section or problem type that is hurting you more than all others. Do additional practice problems if the practice test yields inconclusive information. Read explanations for wrong answers and map out three to five consistent weaknesses. You will focus on these in the next week.

Week 2: Focused Study

Now is the time to deal with your weaknesses. Depending on how many you identified, you will want to spend 1 – 2 days focusing on each. If strengthening arguments questions are your Kryptonite, put a night or two of studying into that. If data sufficiency algebra is killing you, spend an afternoon reading strategies and explanations related to it. You should spend this week doing a combination of practice problems and content coursework about math and English. Take super-concise notes that you can review later.

The goal during this period is work only on things that have a high probability of improving your score.

Week 3: Comprehensive Practice and Strategy

After working on all of your weak spots, you should shift to a broader, whole-test focus. Try to complete entire verbal and quant sections. Time yourself (75 minutes for each section) and evaluate how well you are able to manage your time. Identify which sections are slowing you down, and come up with strategies for maintaining a good pace. Now is also a good time to practice question type-specific strategies, as these too can help you save precious minutes.

Week 4: Review and Retest

This last week should combine whole-test and targeted practice. Spend a lot of time with your notes to review what you worked on during week 2. Also be sure to take one more complete practice test to see if you have made progress or are still getting tripped up in the same areas. If you are not seeing a lot of improvement, DO NOT PANIC. Go back to your notes, read through answer explanations, and determine whether you are making all new mistakes or the same ones from week 1. If the latter is the case, spend a day reviewing your notes and weak spots.

Final Days

A few days before the test is a good time to review timing strategies and some basic content. The day before, be sure to get a lot of rest and avoid practice problems. Reduce test-day stress by getting all the logistics in place the night before the test. Look up directions to the test center and have everything you need packed and ready to go.

Good luck! And remember, if you have more time, be sure to check out our more comprehensive 3-month study plan.

B-School Profile: Kellogg

November 30th, 2010

Here at Knewton, we know that business school applications can be a lot of work. We’re eager to do everything we can to help simplify the process. While we can’t write your personal statement (keep dreaming!), we can do some of your b-school research.

In our new B-School Profiles series, we’ve compiled key deadlines, stats, and fun facts about MBA programs around the globe. We’ll be adding many more schools to the series as time goes on, so stay tuned!

Featured B-School

Northwestern University (Kellogg School of Management)

When to apply

Application Deadlines 2010 – 2011:

Round 1: October 14, 2010
Round 2: January 11, 2011
Round 3: April 7, 2011

Who gets in

Mean GMAT score: 707
Median GMAT score: 710
Acceptance Rates: 19%
Mean Age of Entering Class: 28

How it compares

Ranking: #3 (Businessweek), #4 (U.S News)

What it costs

Tuition: $98,148
Graduating Salary: $106,804

What the future holds

Kellogg popularized the importance of teamwork and team leadership within the business world. Alumni include Edwin Booz (founder of Booz Allen Hamilton consultancy), Robert Eckert (CEO of Mattel), and Gregg Steinhafel (CEO of Target Corporation).

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MBA News Roundup – Cheaters Beware, Kellogg’s Growth, and INSEAD’s Future

November 29th, 2010

As you narrow your business school search, it’s important to do your research in a well-rounded manner. B-school stats are important, but you should also check out more qualitative sources like alumni forums and admissions Q&A’s to get a sense of what your target schools are actually like.

In this week’s MBA news roundup, we’ve included two interviews with b-school deans, and a pretty straightforward warning (don’t cheat on the GMAT!).

1. GMAT Cheaters Beware

The GMAT score is an important aspect of your b-school application – but by no means should this be an excuse to cheat on the exam. After cracking down on cheating scandals in 2008, the GMAC has taken extensive measures to prevent students from gaining an unfair advantage on the test.  Read more about it in this Businessweek article and learn whether or not these tactics actually raised test takers’ scores.

2. Biz School Grads: Overeducated and Underfunded?

If you’re applying to big name business schools, be prepared for potentially big tuition bills to pay.  CNNMoney.com has more information.

3. On a Mission to Find an MBA Strategy

Northwestern’s Kellogg School of Management has new leadership and new goals to expand and develop its b-school programs.  If you’re interested in applying to Kellogg this year or in the near future, be sure to check out this article in the Financial Times.

4. Dean Q&A: INSEAD’s New Leader

Northwestern’s former head, Dipak Jain, recently moved to become the new dean at INSEAD and discusses his plans for the school in this interview with Businessweek.

5. Pushback on a B-School’s Bold Plan

More and more public university business schools, like UCLA, are aiming to become more “privatized” to have more freedom in determining tuition rates. Many school leaders see this as a step toward losing public school character.  If you’re planning on getting an MBA from a public university, read this article from Inside Higher Ed for more information on how it may affect you.

Remember to follow KnewtonGMAT to stay up-to-date in b-school admissions news, tips, and more!

Common GMAT Traps: The Ellipsis

November 29th, 2010

The term ellipsis, or elliptical construction, describes the omission of words in order to make a sentence more concise. Ellipses are used frequently with comparisons. An ellipsis may eliminate a subsequent occurrence of a word or words stated previously in a sentence only when the word or words are exactly the same each time they appear.

No ellipsis: During the 17th century, Britain experienced some types of political turmoil, and France, Spain, and Germany experienced others.
Correct ellipsis: During the 17th century, Britain experienced some types of political turmoil, and France, Spain, and Germany others.
The ellipsis omits experienced, which appears in this exact form earlier in the sentence. This ellipsis is correct.

Incorrect ellipsis: I walk as fast now as [I walked] when I was young.
This is not correct because “I walk” and “I walked” are not identical.
Correct ellipsis: I walk as fast now as I did [walk] when I was young.
In this case, “did” indicates the tense shift and stands in for “did walk.”

Incorrect ellipsis: I walk faster than Brian [walks].
Although we say this all the time in everyday English, this sentence is technically not correct. “Walk” and “walks” are not identical, so “walks” should not be omitted. Remember that a word or phrase can be omitted only if it exactly repeats a previous word or phrase.
Correct ellipsis: I walk faster than Brian does [walk].

In GMAT-land, the switch in verb tenses is not OK when you’re omitting verbs, but the switch in a comparison (I walk faster than Brian [walks] ) is sometimes acceptable if it is in the best option and it’s clear what the two things compared are.

On the GMAT, your job is to recognize when an ellipsis is not used correctly. An ellipsis can never be used when parallel construction is an issue, as it is in correlative conjunctions. For example, “I like to swim neither in pools nor lakes” is not correct. The item after “neither” starts with “in,” so the item after “nor” must also start with “in.” This is not a correct elliptical construction. If an ellipsis makes the meaning of the sentence unclear, then it is not correct. Take a look this sample question.

To develop more accurate population forecasts, demographers have to know a great deal more than now about the social and economic determinants of fertility.

(A) have to know a great deal more than now about the social and economic
(B) have to know a great deal more than they do now about the social and economical
(C) would have to know a great deal more than they do now about the social and economical
(D) would have to know a great deal more than they do now about the social and economic
(E) would have to know a great deal more than now about the social and economical

First, it’s important to recognize that “have to know” and “would have to know” would both be correct here. They have different meanings of course, but each meaning could work. The “have to know” and “would have to know” split is pretty much just a diversion from the real errors in the sentence. We can immediately eliminate choices B and C; the word “economical” is not correct because its meaning is not logical in this context. We need the word “economic” to describe the “determinants of fertility.”

Next, we can eliminate choices A and E because they both contain ambiguous comparisons. Omitting “they do” is an incorrect ellipsis here because it changes the meaning of the comparison. The comparisons in A and E seem to compare how much demographers (would) have to know, an amount of knowledge, with the present time period (“now”).

D is the correct answer because it repeats “they do” to make the comparison clear.

MBA Resume Tip: How to Translate Experience into Accomplishments

November 26th, 2010

This guest post comes to us from Igor Khayet, founder of MyResumeShop.

You’ve had some great experiences working for a corporation, a non-profit, or the government, but how do you translate that onto your resume in an effective way? There are two major decisions that need to be made: choosing what is most relevant from your experiences and deciding how to translate this information into “resume language.”

Three Steps to Choosing Key Information:

1)    Put yourself in the mindset of the admissions committee. Depending on the school, there may be slight variations in emphasis, but all programs are interested in finding out about your leadership skills, work and academic accomplishments, ability to handle coursework, and “fit” for the school. To test if you have achieved these goals, have someone look at your resume and write down the 3 key traits that your resume shows. Does this correspond with your intentions?

2)    The resume is about trade-offs. When you add something to the resume, you will need to remove something else (one page maximum). Therefore, you should constantly be asking yourself the question of what is the most relevant information between two options. This will help you make decisions as your write.

3)    Despite the fact that the resume is made up of sections (Education, Work Experience, Additional Information), and experiences within each section, the resume should be viewed holistically. If in one particular job you have shown presentation and research skills, you should attempt to show additional skill-sets in other experiences. The resume is not viewed in sections but as a single document that showcases the value you bring to the school.

Translating Experience into Achievement Bullets

Once you’ve decided which information and experiences to include on your resume, you’ll need to translate those experiences into “resume language.” In most cases, this will require you to translate years of work experience into concise, informative “achievement bullets.”

A great achievement bullet is succinct (3 lines maximum, but usually 1-2 lines), and answers three primary questions: the context of the situation, your personal achievement, and the impact it had on the organization. Applicants usually spend way too much time on context and very little time on the important part: their personal achievement and impact. Let’s take a look at an example:

Created risk model for expansion of overseas business unit; global prepaid business accounts for 25% of company’s net revenues with 5% annual growth.

Even though the bullet is well written and includes numbers, it says very little about the action or impact and spends the majority of space discussing the business unit (which is of little importance). Remember that the 25% and 5% have nothing to do with the person’s actions, but simply the size of the department. Here is an updated bullet.

Created financial model to analyze operational, market, and credit risk for expansion of the $8B global prepaid business; methodology incorporated in company risk models.

The new bullet uses the same amount of space, but the focus is on how the model was built, what it includes, and how the model was used afterward (incorporated in company risk models). There are only four words that relate to the business unit ($8B global prepaid business).

With every achievement bullet you write, remember this example. If it helps, count the total words and then count how many of those words are being used to describe things that have no relevance to your actions or accomplishments.

Finally, remember that writing a great resume takes a considerable amount of time. If you only give yourself a few hours, this will be reflected in the quality of the work.

Igor Khayet is the President and Founder of My Resume Shop (www.myresumeshop.com).  He is a former Admissions Interviewer for the Yale School of Management and a member of the Professional Association of Resume Writers & Career Coaches. Connect with him on Facebook: www.facebook.com/myresumeshop and Twitter: twitter.com/myresumeshop

B-School Profile: Wharton

November 25th, 2010

Here at Knewton, we know that business school applications can be a lot of work. We’re eager to do everything we can to help simplify the process. While we can’t write your personal statement (keep dreaming!), we can do some of your b-school research.

In our new B-School Profiles series, we’ve compiled key deadlines, stats, and fun facts about MBA programs around the globe. We’ll be adding many more schools to the series as time goes on, so stay tuned!

Featured B-School

University of Pennsylvania (The Wharton School)

When to apply

Application Deadlines 2010 – 2011:

Round 1: October 4, 2010
Round 2: January 4, 2010
Round 3: March 3, 2011

Who gets in

Median GMAT score: 720
Acceptance Rate: 17%
Mean Age of Entering Class: 28

How it compares

Ranking: #4 (Businessweek), #5 (U.S News)

What it costs

Tuition: $101,865
Graduating Salary: $112,223

Why it was founded

Fun fact: From the beginning, Joseph Wharton (founder of the school and notable industrialist and philanthropist) defined the goal of the Wharton School of Finance and Economy to be “to provide for young men special means of training and of correct instruction in the knowledge and in the arts of modern Finance and Economy, both public and private, in order that, being well informed and free from delusions upon these important subjects, they may either serve the community skillfully as well as faithfully in offices of trust, or, remaining in private life, may prudently manage their own affairs and aid in maintaining sound financial morality: in short, to establish means for imparting a liberal education in all matters concerning Finance and Economy.”

Where it is

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GMAT Trap Answers: Wordy and Awkward, but Still Correct

November 25th, 2010

Some of our best students have their grammar rules down pat. They can talk for hours about adjective clauses, dangling modifiers, gerunds, and the subjunctive, but they’re so busy checking to make sure that all the sentence parts fit into place that they forget to read the sentence for meaning. Consider this example:

Most studies approximate that 70 percent of individuals with an amputation experience phantom sensations in the amputated limb, often in the form of pain that is identical to the pain that they typically experienced when the limb was still attached to the body but contorted in an unnatural position.

(A) that is identical to the pain that they typically experienced when the limb was still attached to the body but
(B) that is identical to the pain that they typically experienced when that limb was still attached to the body but that was
(C) that was identical to the pain that they typically experienced when the limb was still attached to the body but was
(D) identical to the pain that they typically experienced when that limb had still been attached to the body but that had been
(E) identical to the pain that they would be experiencing when the missing limb was still attached to the body but when

Sometimes an answer choice will be wordy and awkward, and students will be tempted to dismiss it because they’ve been taught to look for clarity and conciseness. The trouble is that the other choices, though perhaps more elegant, distort the meaning of the sentence and make it illogical. The wordy and awkward choice is actually correct. This trick makes sentences like the one above especially difficult to navigate.

Got your answer? Let’s see how you did.

The original sentence, though slightly awkward, is grammatically correct. The sentence compares the pain caused by phantom sensations to a previous pain caused by a limb placed in a contorted position; the pain is identical to the pain experienced when the limb was attached but contortedAt first glance, the sentence might not appear to be in parallel form, but the different elements in the comparison accurately describe what they are supposed to describe. All the other choices introduce errors.

Choice B adds the word that and the verb was in an attempt to parallel the previous that with pain. However, this makes two parallel clauses about pain, and the pain…that was contorted makes no sense.

Choice C changes the first verb to was. Since the verb experience in the non-underlined portion of the sentence is in the present tense, the verb describing the pain must be in the present tense as well. The first part of the comparison is about the pain that is currently experienced; the second part of the comparison is about a past feeling of pain.

Choice D, like B, illogically describes the pain as pain…that had been contorted and incorrectly uses the past perfect had been, which must describe an event that took place before other past tense events in the sentence. However, the pain that they typically experienced was pain that took place at the same time that the limb was attached; the limb was not attached before they experienced the second type of pain compared.

Choice E uses would be experiencing to describe the pain that people actually experienced when a limb was attached to their bodies. Would be describes a hypothetical event, one that would be taking place if some other condition allowed for this event to occur.

Choice A is correct.

Takeaway: Instead of relying on conciseness alone, always keep in mind what the sentence is about. Intelligible sentences won’t always be grammatically correct, but be careful that you don’t veer too far in the opposite direction and discard wordy answer choices whose meaning is clear. Trap answers will often on the surface appear to be more “grammatical” than the correct answer. In many cases, though, they sneakily alter the correct meaning by masking it with awkwardness.

MBA Admissions Tip: The Long Essay

November 24th, 2010

Here’s another weekly MBA admissions tip from our friends at Clear Admit. For more advice about the b-school application process, check out their blog.

Essay content you’ve polished for one school often serves as a great starting point for the next application, but as we’ve often said, customizing this text for the school in question is key. One particular challenge we see applicants struggle with each year is effectively expanding a short essay they’ve written for one program (such as Harvard’s 400 word “career vision” document or Kellogg’s 600 word essay about one’s career to date, goals and interest in their MBA) in responding to a question on the same topic but with a longer limit. With this in mind, we’d like to offer some pointers on converting condensed comments to more extensive remarks.

1) Expand in proportion. When taking an existing response as a starting point for crafting a longer document, one good rule of thumb is to build upon each subject to more or less the same extent. While elaborating on your work to date might involve less time and work than the more research-intensive ‘why School X’ discussion, it’s generally prudent to maintain balance among subjects and provide all of the major pieces of information a school requests in equal measure.

2) Maintain focus. One frequent issue with long essays is that they sometimes lack a clear sense of direction. To ensure that the reader is able to understand the relevance of your remarks and follow the connections among the various ideas, it’s a good idea to include transition sentences at the beginning of each paragraph that tie the subsequent remarks and examples to the topic of the essay and clearly state how certain statements relate to the question. This exercise also serves as a check for the applicant in making sure that all of the details in the essay are related to the subject.

3) Finish when you’re finished. While it’s important to take advantage of the opportunity that each essay presents to share information about your candidacy, you shouldn’t feel obligated to reach the upper end of a suggested word limit/range if you feel that you’ve already addressed the question and presented a full picture of your interests and background.

Good luck to everyone composing essays with an eye to R2 submission! For more tailored guidance on essays in particular or the application process in general, feel free to contact us at info@clearadmit.com.

Law School Admissions Tip: Interview Etiquette

November 24th, 2010

Every other Wednesday, our friends at Clear Admit will share one of their excellent tips for navigating the law school admissions process. For more advice, be sure to check out their blog.

Though only a handful of law schools conduct interviews, we want to turn our attention to this step in the admissions process and share a few basic pointers on interview etiquette for the applicants who find themselves faced with an upcoming interview. Here are a few guidelines for interviewing applicants to keep in mind:

1) Dress the part. Unless meeting with an alum who explicitly specifies a more casual dress code, assume that business attire is appropriate. We recommend that applicants dress conservatively, opting for a dark suit (pants or skirt are both fine for women, though skirt suits are considered to be more conservative than pants in some parts of the country), a blue or white shirt, a tie for gentleman, and business-appropriate shoes. Steer clear of flashy brand gear and loud ties, and go easy on makeup and fragrances; you want to be remembered for what you say and who you are, not what you wore.

2) Review your materials. Because it’s important that you reinforce your positioning during the interview, reading over your essays and reflecting on the themes presented in your application is a great first step in preparing to speak about your ideas and objectives.

3) Tell them something they don’t know. In addition to reinforcing your existing message, the interview is also a great time to expand on or add new information to your file via the interviewer’s notes. Have there been any major developments in your candidacy that you should share? Have you visited the campus or spoken with students since submitting your written materials? If you have an example from work, school, or an activity that relates to the interview question but didn’t fit into your personal statement or other essays, it’s a great idea to include these, thus approaching the interview with the goal of enhancing the admissions committee’s knowledge of your candidacy.

It’s also common for interviews to be blind, which means that the interviewer does not review your materials prior to meeting with you. In these cases, you should focus on presenting a coherent story for your candidacy that would supplement the adcom’s understanding of your qualifications and personality that they glean from your written materials.

4) Anticipate and practice. Using historical data over the years, we know that in admissions interviews law schools ask a variation on the following questions:
a) What are you doing these days/what have you been doing recently (i.e. since submitting your application)?
b) Why law school?
c) Why is school X the right choice for you?

In addition, you should be prepared to be questioned about your academic and/or professional history, personal strengths and weaknesses, and career goals. It’s a good idea to not only reflect on what you might say in response, but to actually practice articulating your responses before the interview.

5) Follow up. Make sure that you get your interviewer’s card and take his or her contact information in order to send a “thank you” email within 24 hours of the interview. This is not only common courtesy, but could also serve as the first step in forging a lasting correspondence.

Best of luck to all those who are preparing for interviews!

How adaptive learning can help solve the pass/fail education problem

November 23rd, 2010

For some time now, many educators have contended that our current school-year-based system, in which students are expected to accomplish a certain set of objectives in a certain arbitrary unit of time, is fundamentally broken. One of the current, and controversial, approaches that seeks to fix it is “competency-based learning.” In a recent thought-paper published by iNACOL, three components of such systems are listed:

  • Students advance upon mastery ƒƒ
  • Explicit and measurable learning objectives are established that empower students ƒƒ
  • Assessment is a meaningful and a positive learning experience for students

The main idea here is that students advance as they master new concepts and gain relevant new knowledge, rather than pass or fail a course based on whether they have mastered the unit in, say, 10 weeks. Individual standards for progress, smaller, more modular units of learning, tests that lead to recommendations instead of just diagnoses — all represent a dramatic shift in the way we’re used to approaching education, but they also raise questions about implementation. How do we measure students’ “mastery” as they progress through a course? How can we ensure that recommendations are accurate, and that they actually lead to learning improvements that let students advance?

Adaptive learning — being able to provide the right instruction, of the right type, to each student, at the right time — is on the verge of providing a solution.

Adaptivity has long been an unrealized dream of educators, but over the past decade advances in technology, cognitive psychology, and educational measurement have coincided to now enable a directed learning experience that is unique to each student.

People sometimes confuse adaptive testing and adaptive learning.  Although the two can be used together, they are not the same thing.  Adaptive testing generally works by selecting the next test question, based on a student’s prior performance, in such a way as to minimize the measurement error of an exam. Adaptive learning works by selecting the next learning object, so a student’s experience is tailored in a way that maximizes potential learning gains.

Being able to recommend to a student, or parent, or instructor what a student should do next depends in part on being able to estimate, at varying grain sizes, what level of proficiency a student has currently attained. This sounds obvious, because it is.  But the mechanisms by which one arrives at those estimates are anything but obvious.

At Knewton, our adaptive learning platform builds on the work of many top-notch researchers in the field of educational measurement, some of whom we’ll profile in later posts. One productive area of research over the past several years has been the creation and evaluation of a variety of psychometric models that, based on a student’s performance on a set of activities or assessments, support fine-grained identification of a student’s strengths and weaknesses.

These models have been given various labels: diagnostic classification models, cognitive diagnosis models, multiple classification models, and the like. What they all have in common is that they provide statistical frameworks for transforming responses to test questions into concept-level profiles that indicate a student’s areas of strength and weakness.  These profiles, when coupled with other information about a student, and other information about the relationships between various lessons, can then be used to identify which lessons will provide the most value to a given student, with a particular profile, at a given time.

The shift to competency-based learning is already underway. Whether it makes it way into classrooms in this decade is an open question. But whether it becomes available to students is not — the technical and technological advances I mentioned earlier now enable us to create online adaptive learning environments that provide not only the above-mentioned key components, but also a tailored, engaging, and enriching experience, to any student with online access.