If you are an aspirational MBA student, you have surely heard of the GMAT by now. It is the standardized exam that is used as one of the key admissions criteria by all the top MBA programs. Attaining a high score can mean the difference between being accepted into the school of your choice and having to settle for another alternative. As such, you probably have considered taking GMAT courses to help you improve your score. However, is a GMAT course right for you? Let’s take a look at how you can decide whether or not to take a course.
First, it’s important to know why exactly the GMAT exam is so highly regarded by the MBA schools themselves. The reason for this is that it is the only truly “standardized” way of evaluating candidates against each other. While other factors, such as job experience and undergraduate degrees, are also important, it is very hard to objectively compare candidates using these criteria.
On the other hand, with the GMAT, everyone takes the same exam (the specific questions are different for everyone, but the idea is the same). This allows schools to easily compare applicants. In fact, it has easily been shown that there is a positive correlation between one’s GMAT score and his success at the MBA level.
Now that you understand why this exam is so important, you can ask yourself whether a preparatory course is right for you. The answer to this question depends on what school you would like to be admitted to and what your current score is. You should first take a couple of practice exams (they can be easily found online) and see how you score. Then, you need to determine the score that your desired school would like to see. Almost all schools list the middle 80% GMAT scoring range of their class. This can give you an excellent idea or whether or not your score needs improvement. Keep in mind that the average score at most elite schools is now in the low 700’s.
Lastly, after having done all of the above, you can determine whether or not to take a course. A course is an investment of time and money. If you feel that there is any chance that this investment will pay off and ultimately result in your acceptance into a good school, then you should probably take a course.
In the end, this decision shouldn’t be taken lightly, as your GMAT score can and likely will be the difference in whether or not you are accepted into the program of your choice. This, of course, may ultimately impact your job prospects and career going forward. If you decide that a course is the right decision for you, fortunately there are several GMAT coaching classes in Singapore available from which to choose.