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 GMAT Exam – 3 Month Study Plan

Do you want to train at one of the best business schools in the world? The GMAT, or Graduate Management Admissions Test, is the first step. The GMAT is a standardised exam that is required for entry to any of the world’s best business schools. A high GMAT score indicates that you have solid logical and thinking abilities. It also showcases that your GMAT preparation was highly successful. The Graduate Management Admission Test or GMAT by GMAC, which is a computer-based, multiple-choice, automatic aptitude adaptive exam. This test is the first and most important step in applying for a business programme such as an MBA in any part of the world. The exam comprises of four sections: Integrated Reasoning, Quantitative Reasoning, Analytical Writing Assessment, and Verbal Reasoning. The test is very competitive, and achieving the necessary number of points in order to even be considered for the preliminary rounds at the top business schools is no easy task.

 If you believe that GMAT ratings are only approved by elite MBA programmes, you are mistaken. Early-career degrees such as Master in Management (Mim), Master of Engineering Management (MEM), Master of Science of Business Analytics (MSBA), and Master of Finance (MFin) all include the GMAT (MFin). The GMAT is essential for the MFin programme because you need a reasonable quant score to demonstrate your deep interest in finance.

GMAT preparation best practices
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              Why the GMAT Exam is Important for your Career?

You understand the importance of your GMAT, but why? What’s more, what can you do right now to guarantee that your GMAT score accurately reflects your abilities? 

Your standardised test scores (GMAT) and GPA are used by B-schools to determine if you’re academically prepared for the curriculum you choose to follow. GMAT assesses applicants’ quantitative and verbal reasoning skills, as well as their ability to use language effectively under time constraints. This exam is a prerequisite for all business programmes in international schools. You can’t pass or fail the test; you can only get those results. For foreign students, the GMAT is the only benchmark to which they can compare their abilities. Good GMAT scores demonstrate a student’s academic prowess and enable them to apply to several of the best colleges. A good college in turn allows one to bag the desired role in one of the multinational conglomerates.

Why the GMAT exam is important for your career

                         Build a Sound Study Plan for GMAT Preparation

Maintain a development strategy and, at the very least, allow yourself a full year for GMAT preparation. Maintain the focus and make the most of this time by developing an appraisal strategy. When putting together a GMAT research strategy, enlisting the assistance of graduate school graduates or students will be extremely beneficial to your progress, as they have all been in your shoes. Also, think of the kind of programme you’re applying for and focus your efforts accordingly. If you’re doing a master’s degree in finance, for example, devote more time and effort to enhancing your GMAT Quant ranking. This factor should be noted down as Adcoms will look at it closely in comparison to other sections.

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                           Five Steps to Becoming a Better Test-Taker

Do you want to know the GMAT achievement mantra that will help you raise your score? If that’s the case, you’ve come to the right location. Here are the 5 crucial pointers for GMAT preparation.

five steps for GMAT preparation

1. Create the sequence of study

It’s possible that you’ve seen this articulation before. However, it is logical. What is the point of thinking, “I don’t want to concentrate today, so from tomorrow, I’ll devote myself entirely to preparation?” Tomorrow, on the other hand, never arrives. Either now or never, the time has come to make a decision. The main challenge, though, is getting started, which necessitates additional work. As a result, make sure you can beat the wait before you start organising. Hence, for all the reasons stated above it’s extremely crucial that for your GMAT preparation, you use Sequential Learning Pattern. This will allow you to complete your daily tasks more efficiently. Follow the below-listed steps to bring your preparation on the right track.

  • First, analyze your current learning pattern and study habits
  • Now, dig deep and identify the areas because of which your efficiency is falling down
  • After acknowledging your weaknesses, prepare a proper schedule that justifiably allocates time to each and every section of the exam
  • After preparing this schedule, create a list that defines your weekly targets and goals
  • This weekly task list will ensure that all the relevant parts of the standardised test are completed before the due date and you have something significant to show for.
  • The plan will only work if you sincerely abide by it. Just know that you’re one of the fortunate few who get to give this exam.

2. Follow a structured approach to study for your target score

To create such an approach, you need to first set a deadline which will, in turn, help you plan this. Thus, set aside some time when you’re about to see where you are in your preparation or your current GMAT ability to find out how long it will take you to reach your goal score. Select a suitable GMAT test date in the same way. As a result, make sure you have all of the necessary details to make an educated decision about the date. Determine can critical skills need special focus. Take many mock or rehearsal texts to identify the weak spots. From there, evaluate your results and devise a strategy for brushing up on places that you need to improve.

3. Set a target Quant & Verbal Score

Even if you aren’t looking for a score of 700 or higher, it is still a good idea to set high goals for yourself when studying. You should always shoot for a high score of 50 or more because that is what you need. We’ve seen a couple of cases where test-takers received 30-40 points more or less than they anticipated. This can be determined by the candidate’s mental or physical status on the exam day. But, in general, why not shoot for the stars?

Also, do keep in mind that if you’re applying for a Mfin program, you will need to score at least a 49+ in the Quants section. Scoring this high is extremely crucial here as it vouches for your academic and analytical capabilities to the Adcoms and showcases that you’re a deserving candidate.

4. Go through the paper & estimate the amount of time you need for every section

It is best to go over the layout of the test/exam as it will help you immensely in estimating the time that you will need for every section. There are four parts of the GMAT exam:

  • AWA Section (Analytical Writing Assessment): This section assesses your critical thinking skills as well as your ability to express your thoughts.
  • Integrated Reasoning (IR) Section: This section assesses the ability to evaluate and evaluate data and facts.
  • Quant Section (Quantitative Reasoning): This section assesses your analytical skills as well as your ability to solve quantitative questions and interpret graphs completely.
  • Verbal Section (Verbal Reasoning): This section assesses your reading and editing abilities, as well as your ability to comprehend written sentences and claims. Make sure you know how long the exam will last, how many questions there will be, and how much time you’ll have to prepare. Often, in each segment, look for the most commonly asked questions and extensively practise them.

5. Take mock tests & review your preparation

There are several resources for planning available, but one must select carefully. Not every resource is useful. Using official GMAT preparation materials is the best option. The creators of the GMAT test developed these. The content includes the results of the actual evaluation. GMAT has recently gone digital and is now offering online exams. This is a strong indicator that you can focus your efforts on the digital realm. You can find online mock tests here that will help you get used to the pace and general format of an online exam. You can also find a variety of research materials and videos on the internet.

Also, before even starting your preparation, it’s highly recommended that you take a practice test. Many people feel perplexed when it comes to the purpose of taking the practice test first without any preparation. It’s very easy to respond to this issue. This should be done at the start of your GRE planning so that you can easily dissect your strengths and weaknesses when you get your ranking, allowing you to prepare your preparation accordingly.

Last but not least, tests are all that we all dread. Thus, taking mock tests along with a steady preparation also helps in tackling and combating anxiety. Similarly, you can feel exhausted when preparing for the GMAT. Fear or anxiety causes many people to abandon their preparations. One thing to remember at this stage is to be cool and reflect on the positive. Overthinking isn’t going to get you anywhere. So, instead of worrying about the consequences, start planning.

Top 3 Free Mock Tests for GMAT Preparation

Having mentioned the importance of mock tests in one’s preparation, you can check out some of the free online mocks below.

GMAT mock tests

1. Kaplan

Kaplan’s free GMAT practise test is one of the best out there for GMAT preparation. Moreover, it is supplemented with a practical structure and high-quality questions. Its test series not only closely resembles the actual GMAT but also includes simple and thorough video response descriptions. You may also take the test at any time online or register for a live, instructor-proctored examination. You will get live explanations from Kaplan faculty, which is a mini-lesson from a lecturer if you want proctored exams. Aside from that, you’ll have access to a live chat window where you can ask questions about the subject.

2. Manhattan Prep

To take advantage of the free GMAT practise tests offered by Manhattan Prep, you must first build an account on ManhattanPrep.com. The Manhattan Prep test has high-quality questions, but the test’s graphics don’t really reflect the actual GMAT. That said, it is advised that you use the same timing as you would on the GMAT; however, you do have the option of changing the time settings here. That means you can stretch the time limits by completing the test in its entirety or section by section.

3. Princeton Review

You will take one free GMAT to practise test after building an account with Princeton Review. You have the choice of doing it self-proctored or doing it online. If none of the other choices for taking the exam appeal to you, you can sign up for their single practice test session.

These activities are held in Boston, for example, at local colleges like Northeastern University and Brandeis University. These activities include a practical simulation of a research centre. In addition, the questions in the mock tests follow the GMAT style. You must, however, ensure that all ad-blocking programme is disabled.

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                                                   Conclusion

To summarize, make sure you have a well-developed research schedule, the appropriate study content, mock and practice papers, a strong network of people who can help you through your planning (it is often preferable if you know someone who has taken the GMAT and been accepted into a top B-school), and a goal score before you begin your preparation. You’ll be able to ace the test with this. Don’t give up if you don’t get a decent grade. You should still retake the test and do your best. Best of luck! Hope you qualify for the test with flying colors.