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post #27256 of 32086
12/28/12 at 9:11am
How old were you guys when you took the GMAT and how old will you guys be when you take the GMAT? I don't plan on going to get my MBA until I've had at least 4-5 years of work experience under my belt, but the average age seems to be trending down.. I'm envisioning myself going when I'm like.. I dunno.. 27? But that seems old by today's standards..

My superiors said that if you're White or Asian, you need at LEAST a 700 to be competitive for the top 8 schools and ideally a 750 to safely be considered a top candidate (assuming your interviews, essays, work experience, leadership etc. are all good as well). Anything over a 750 and the marginal advantage diminishes greatly, apparently.
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post #27257 of 32086
12/28/12 at 9:14am
27 is about the average age at a lot of schools at the top. GMAT scores are good for 5 years, and if you're thinking about it, I'd honestly just get it over with.
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post #27258 of 32086
12/28/12 at 9:16am
Quote:
Originally Posted by patrickBOOTH View Post

I thought I was petty good at grammar until I started looking at these sentence structure questions. Holy fuck.

you are not feeling it? the sentence structures. internets. maybe they are to blame.
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post #27259 of 32086
12/28/12 at 9:19am
Quote:
Originally Posted by gomestar View Post

27 is about the average age at a lot of schools at the top. GMAT scores are good for 5 years, and if you're thinking about it, I'd honestly just get it over with.

Good point.. fuck I really, really, really hate studying for standardized tests.. and if I do end up doing what I want to do, I'll have to take the CFA as well!!

baldy[1].gif
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post #27260 of 32086
12/28/12 at 9:26am
I was 32 and not really under any pressure to get into a top school. If I knew then what I know now, though...
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post #27261 of 32086
12/28/12 at 9:45am
I was in my early 30s.

I killed the verbal portion, 98th or 99th percentile. I knew going in that well over 50% of the folks writing GMATs have quant backgrounds, particularly engineers, so figured my best play was going to be to nail the verbal. It worked.

I consider taking the LSAT just so I've written three of the big four standarized. If anyone is worried about the GRE, don't. It's five times easier than the GMAT. The GRE is clearly written for a much less rigorous sample pool.
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post #27262 of 32086
12/28/12 at 10:04am
I've done GRE, LSAT and studied for GMAT. The GRE is a joke compared to the other two. I'm not even sure its more difficult than a SAT/ACT.

The LSAT and GMAT are both hard, but in different ways. I still might take the GMAT, but for now I'm happy with the lawyerly work I do most days.
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post #27263 of 32086
12/28/12 at 10:14am
Quote:
Originally Posted by GreenFrog View Post

How old were you guys when you took the GMAT and how old will you guys be when you take the GMAT? I don't plan on going to get my MBA until I've had at least 4-5 years of work experience under my belt, but the average age seems to be trending down.. I'm envisioning myself going when I'm like.. I dunno.. 27? But that seems old by today's standards..
My superiors said that if you're White or Asian, you need at LEAST a 700 to be competitive for the top 8 schools and ideally a 750 to safely be considered a top candidate (assuming your interviews, essays, work experience, leadership etc. are all good as well). Anything over a 750 and the marginal advantage diminishes greatly, apparently.

I am 27 going on 5 years out of college and have been fully employeed, but yes I do feel behind. So many people my age and younger have their MBA. To me it is because of the lack of work in this economy. Many people stayed in school after undergrad. All of my professors encouraged us to work before getting the MBA, which makes sense because you have real world experience to guide you and your coursework as well as an understanding, or at least experience managing, or being managed and what managing a business entails.

Also the company is paying for it (minus taxes, of course) so that is in my favor.
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post #27264 of 32086
12/28/12 at 10:19am
Quote:
Originally Posted by patrickBOOTH View Post

All of my professors encouraged us to work before getting the MBA, which makes sense because you have real world experience to guide you and your coursework as well as an understanding, or at least experience managing, or being managed and what managing a business entails.

if you look at the profiles of a few b-schools (top-10 anyways), the number of students with less than one year of work experience is extremely low, often times less than 1%. Its when you get to the middle-tiers that you see a lot more students just continuing their education with an MBA.
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post #27265 of 32086
12/28/12 at 10:26am
The program I went to was not Top Ten. It was in the top 30 at the time but has fallen several rankings (amazing what losing a popular Dean and a Nobel laureate can do to rankings). Even there only a handful of people were folks with no material work experience. They were younger than average and more quant oriented than average. Tended to do very poorly in any case study or group assignment that required non-quant thinking.

Also, never came out to party.
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post #27266 of 32086
12/28/12 at 10:27am
Quote:
Originally Posted by gomestar View Post

if you look at the profiles of a few b-schools (top-10 anyways), the number of students with less than one year of work experience is extremely low, often times less than 1%. Its when you get to the middle-tiers that you see a lot more students just continuing their education with an MBA.

When my brother was at Northwestern for undergrad he worked at Kellogg in the admissions department. Over the two years that he was there he said that he thought he saw maybe three or four people admitted straight out of undergrad, and it was almost with out exception because they were already successful entrepreneurs.
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post #27267 of 32086
12/28/12 at 10:46am
Quote:
Originally Posted by ama View Post


When my brother was at Northwestern for undergrad he worked at Kellogg in the admissions department. Over the two years that he was there he said that he thought he saw maybe three or four people admitted straight out of undergrad, and it was almost with out exception because they were already successful entrepreneurs.

So, drug dealers?
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post #27268 of 32086
12/28/12 at 10:55am
I don't personally understand why a quant would want an MBA. Why not get a phd in math or physics?
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post #27269 of 32086
12/28/12 at 10:57am
maybe they want to be traders
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post #27270 of 32086
12/28/12 at 10:58am
Quote:
Originally Posted by patrickBOOTH View Post

I don't personally understand why a quant would want an MBA. Why not get a phd in math or physics?

No idea. One of the guys in my cohort that became part of my usual group had his MS in math from Northwestern. Really smart guy.
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