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Wall Street Oasis » Forums » Business School Barrage
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99+ %ile gmat EDIT: also, GRE
 

islandoffmorocco's picture
islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 5/31/10 at 8:16pm

i guess i'm gonna get a lot of hate for this. i know gmat isn't everything, i know it "doesn't matter" after a 700 (or 720 or 740 or whatever.), and i know too high of a score may even hurt your applications. and it all makes sense. but anyway, there are lots of people supposedly scoring 780s and 790s around here. hey, even 799s...so i thought i'd ask anyway.

i'll keep it simple and hope for answers to my specific questions:

1. what are the best resources for someone aiming for 780, 790 or 800? what are the best sources of difficult questions?

2. i have heard mention of some 780+ gmat forum somewhere, but haven't been able to locate it. can anyone help me out?

3. what are some of the things you (>=780 lot) tried out when preparing? i took a third practice test yesterday and tried to finish 10 minutes early for each section...seems like a good practice. can you recommend anything else?

i took the gmat once about 6 months ago and got 99 %ile. but i thought i had a terrible run on test day. and i hadn't prepared much either. i had taken the two official practice tests and got 770 and 780, and then studied maybe 15 or 20 hours. so i do want to take it again, and this time i want to prepare for it like most other people do - i have some time to kill, maybe a month or so.

can you help me out? (calling me an idiot or troll does not count...)

ps it might not make a difference in admissions, but i think in terms of what it takes to get a 790 vs a 760, there is a big difference. i guess i'm toying with the idea of taking it again because i want to get the score that is right for me, given one more attempt and average preparation...

EDIT: Does anyone have any experience with the GRE? I mean with scoring above 1550? I'm in the same boat with the GRE as with my GMAT (see OP). Have a decent score, low 1500s (800q)...should be 98%ile of something, am just guessing. but again, didn't prepare well for the test and think i can do better (maybe hit 1600). do you think it makes more sense for me to retake this test than to retake the 99%ile gmat? (i'm asking which makes more sense, not for confirmation that neither makes sense hah). i've just been thinking that the gre is now accepted by lots of mba programs, it is an easier test to prepare for (considering i lost most of my points with vocabulary questions), it's cheaper too, and i feel it is probably a less volatile test...much more straightforward quant section...so all my focus can be on the verbal. on the other hand, the gmat is a more well-known and more commonly-taken test.

what do you guys think...any advice from people who have taken the gre, particularly those who have scored 99+ %ile scores, would be appreciated.

recap of my background: i took the gre and gmat last year when applying to some msf and mfe programs. studied very little, and haven't looked at either test since then. i have 4-5 weeks to kill and am thinking of retaking at least one of the tests for the sake of my resume...to mitigate a weak gpa. my sat score did help me for this purpose in the past. of course i'd do other things when studying for the gre, so the "your time can be better used elsewhere" argument is not totally applicable.

thanks again!

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Tags:
  • High GMAT
  • Business School Barrage
ButHopeful's picture

What was your math/verbal

ButHopeful
      ST
 
(Monkey, 52
 
Points)
 on 5/31/10 at 8:32pm

What was your math/verbal breakdown? Since GMATprep doesn't clearly show your weak areas, I suggest you use the Official Guide and take Manhattan GMAT's free test to figure out exactly what areas you need to work on.

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WishYouWereHere's picture

[quote=islandoffmorocco] i

WishYouWereHere
      IB
 
(Senior Orangutan, 394
 
Points)
 on 5/31/10 at 8:39pm

[quote=islandoffmorocco] i know too high of a score may even hurt your applications.

what?

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islandoffmorocco's picture

buthopeful: don't remember my

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 5/31/10 at 8:56pm

buthopeful: don't remember my actual test breakdown. in the three practice tests, it's been around the 50q, 45v mark. thanks for the tip, will check out manhattan.

ricochetX - i said it to avoid a shitfest. a lot of people (on the internet) say that a 790 or 800 or whatever hurts cause it makes you look nerdy, and maybe they are right (especially about the 800). and they quote some speech from stanford about rejecting 800s, and so on. now i don't particularly buy that argument, but i didn't want to hurt their feelings haha.

ironically, i may have incited the shitfest in reverse...sometimes you can never win.

any inputs on the original questions would be appreciated.

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I Want to Invest's picture

.... GMAT is a measure of

I Want to Invest
      O
 
(Senior Chimp, 27
 
Points)
 on 5/31/10 at 9:01pm

.... GMAT is a measure of intelligence in specific areas...... It is not a measure of "nerdiness"

I dont think Stanford "tries" to pick out nerds by focusing on those with high GMATs, rather, they are actually looking for intelligence

If anything, I guess a 4.0 with zero other activities could be a bad sign

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BankonBanking's picture

First, I've never heard of

BankonBanking
      IB
 
(King Kong, 1,139
 
Points)
 on 5/31/10 at 9:05pm

First, I've never heard of anyone scoring a 799...but maybe that's a new occurrence. Moving past that, there is generally NOT a ton of difference between a 760 and a 790 - both are 99%ile, both are exceptional scores, and both (for most people) will require a generous amount of studying and preparation.

The general understanding with the GMAT is that on any given test day your score can fluctuate 20-30 points given a question in a certain field or another, the order of difficult questions, misclicking a letter, etc, etc. That said, your 760 could be a 790 next time, or a 740 without you believing you've done any better or worse than the first time. Therefore, I don't think you getting a 790 is the "right" score for you. It might be the score you want, but that doesn't make it the score you should have gotten.

With average preparation, I don't see you making a jump to 790 from 760 and frankly it doesn't matter if you did make that jump. At this stage it is far more about your ego and far less about the quality or merit of the score. If that is, in fact the case, you are going to have far more problems in your B school apps (in the form of essays) than your GMAT score being at the bottom instead of the top of the 99%ile.

No matter what anyone says, you are still going to see things the way you want - so, all I can say is good luck and I wish you all the best on your path to earn the 790. Just ask yourself what happens if you take it again and get a 750...will you retake only to get a 760 again...will you retake again...and again...

IBanker
BankonBanking.com

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insight123's picture

I guess you could sign up for

insight123
      CF
 
(Monkey, 40
 
Points)
 on 5/31/10 at 9:32pm

I guess you could sign up for Knewton's 50+ point guarantee. I studied for about 2 weeks and scored a 730(Q:51, V:38) and I plan on taking it again in a couple of years after Knewton's course so I suppose they guarantee me a 780+ or I get my money back.

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PossumBelly's picture

Good luck with that 799. B

PossumBelly
      IB
 
 
(King Kong, 1,689
 
Points)
 on 5/31/10 at 10:24pm

Good luck with that 799. B schools will be impressed if you are the first person in history to break the scoring algo and thus not get a multiple of 10.

I highly suggest you read Montauk's book about getting into business school. In it, and in other interviews with top adcom members, you will read that retaking after such a high score reflects poor judgement, in their view. 690 to 720 is one thing, but 760 to 790 is irrelevant, to put it kindly.

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thaTHRILLA's picture

im sorry but is this some

thaTHRILLA
      IB
 
 
(Orangutan, 256
 
Points)
 on 5/31/10 at 10:58pm

im sorry but is this some type of joke? this is worse than ricochet...

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islandoffmorocco's picture

cartwright, the 799 was a

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 6/1/10 at 5:34am

cartwright, the 799 was a reference to an epic thread on here "799 gmat - worth retaking?". i thought the tone would have made clear i was being sarcastic. ps i'm not going to bschool anytime soon. i might not even end up going within five years of my existing gmat score. when i do apply, i'll give montauk a read.

bankon, i don't think that 20-30 range really applies at the higher end. i can see how a score can fluctuate 660 - 690 or something, but a 790 is exponentially rarer than 760. the chances of pulling that off by getting lucky are slim. similarly, unless he really screws up on test day, a person who scores 780-790 consistently won't be scoring 750, though i guess that kind of downward fluctuation is more likely than the upward one. i appreciate your response though. i retake it once, if at all.

people are quick to judge...fair enough. my original disclaimer was that retaking may be counterproductive/moronic/about nothing more than ego/whatever else, but that that was not the topic of this thread and not what i was seeking advice on. i may be doing it for my ego, or for my resume, or to mitigate a low ugrad gpa, or any other reason - but all this irrelevant. i was actually asking questions about how to go about getting a higher score. can anyone recommend any other resources?

thanks a lot

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asmklfioaemf's picture

islandoffmorocco wrote: the

asmklfioaemf
      IB
 
(Monkey, 49
 
Points)
 on 6/1/10 at 1:45pm
islandoffmorocco:

the chances of pulling that off by getting lucky are slim. similarly, unless he really screws up on test day, a person who scores 780-790 consistently won't be scoring 750

if you miss 1 or 2 questions at the end of either section, you will find yourself in the 750 group and not the 780/790 group.

i think you have to accept that maybe you are pretty smart in theory but are not able to perform well in high pressure situations. this is clearly not an issue of whether you had adequate practice.

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islandoffmorocco's picture

where did this conclusion

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 6/1/10 at 2:45pm

where did this conclusion come from?

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omega's picture

It can easily fluctuate 30

omega
      HF
 
(Senior Baboon, 238
 
Points)
 on 6/1/10 at 5:30pm

It can easily fluctuate 30 points at the top of the range due to random chance (I know from experience with the real exam and the 2 real tests available on mba.com).

At the higher end of the range, it is probably even more vulnerable to random chance - miss 1 more verbal and your score will fall 10 points.

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BankonBanking's picture

I'm not going to beat a dead

BankonBanking
      IB
 
(King Kong, 1,139
 
Points)
 on 6/1/10 at 11:46pm

I'm not going to beat a dead horse, but here's a quick example - one of my friends scored 730 and 740 on the practice exams and then got a 770 on the actual exam (practice official GMAT exams). Another friend scored between a 760 on both of his practice exams and then hit a 740 on the real exam.

In short, it goes both ways, and it fluctuates at the high end and low end. Don't let your desire/ego/poor sense, however you want to label it, lead you to believe that your score can't go down.

IBanker
BankonBanking.com

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islandoffmorocco's picture

bankon: cool, will keep that

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 6/2/10 at 5:42am

bankon: cool, will keep that in mind when deciding whether i want to take it again. like i said, if at all i retake it, it'll be just once, and only if i'm very confident.

can anyone recommend any other resources apart from knewton's?

what about this 780+ aspirants or whatever forum i've heard tell of...? anyone know about that?

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havilape's picture

The only way a high score

havilape
      IB
 
(Senior Monkey, 83
 
Points)
 on 6/2/10 at 10:48am

The only way a high score could feasibly hurt you is if you retook the GMAT like seven times to go from a 760 to a 780. A 780 is obviously better than a 760, but it is a serious misallocation of resources.

I would argue almost any reasonably intelligent person could study their way into a 720ish score. As you get into the 760+ realm, even thoroughly studying the most difficult Kaplan / Manhattan / etc. questions will not prepare you. The questions, especially the data sufficiency, become ridiculously convoluted. Scour GMAT forums for people trying to get Q52 on Quant and you'll find legit Math majors / PhD candidates talking about how they spent 15 minutes on the last quant problem and still got it wrong.

Some people actually enjoy the GMAT, I would never take it again. Even if I was past the five year score horizon, I'd probably guess that my career was at a strong enough point to forgo the MBA experience altogether (took it this past November, Q49 V45).

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islandoffmorocco's picture

^ good advice. so that was a

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 6/2/10 at 11:36am
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Dr Joe's picture

Firstly, your time is better

Dr Joe
      O
 
 
(Senior Gorilla, 986
 
Points)
 on 6/2/10 at 3:54pm
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islandoffmorocco's picture

^ damn that's gangster.

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 6/2/10 at 5:53pm
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islandoffmorocco's picture

and btw, thanks again bud.

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 6/2/10 at 5:57pm
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breakinginnew's picture

@island funny i'm sort of in

breakinginnew
      AM
 
(Orangutan, 304
 
Points)
 on 6/4/10 at 12:39am
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islandoffmorocco's picture

Does anyone have any

islandoffmorocco
      IB
 
(Senior Baboon, 189
 
Points)
 on 6/6/10 at 4:46pm
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CashCow's picture

This is crazy. I also got a

CashCow
     
 
(Senior Orangutan, 440
 
Points)
 on 6/6/10 at 6:20pm
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havilape's picture

islandoffmorocco wrote: ^

havilape
      IB
 
(Senior Monkey, 83
 
Points)
 on 6/7/10 at 10:32pm
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The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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  • If you work in banking - even as an intern - you obviously have access to everything in the IB share drive including the WGLs for all deals going on. Esp. for capital raising deals where there will be many banks working together. Less so or N.A. for M&A deals. Networking is how you lateral...
    Is it wrong or illegal to network off your bank's WGL?
  • I stand here today as living proof that it is possible to find a true 2 bedroom in West Village for $3,000/month total. Before you go freaking out and telling me there's a dead person being eaten by NYC's giant rats in my basement, everything checked out. Did I get absolutely violated by...
    True 2BR in West Village for $3,000-A Success Story
  • Hi, I am now majoring chemical engineering and minoring in finance at one of the top 3 engineering schools. Also, I have a few internship experiences in a top 5 consulting firm and Chevron, and Samsung. I still have two years left. I know I really want to go into banking industry for its...
    Chemical Engineer going into Trading or IBD
  • Hey guys, interviewing tomorrow for a sort of mixed MO/FO position at a fixed income fund (long/short credit, interest rate hedging, etc.) what sort of questions can i expect? I've only ever had IB interviews before so I'm a novice here....
    Fixed Income fund interview tomorrow - need advice!
  • Hi there, I'm a rising sophomore at a top 3 school, and this question concerns my course selection for next semester. I'm a social-sciency person. I'm okay with math but not great nor interested in it. I know that for consulting (or life in general) the more quantitative my...
    How much quant classes to take for consulting?
  • I'm a JD/MBA class of 2015. Both law and mba programs are in the us news top 25 but not many banks recruit on campus. I'm wondering if its possible/likely to get interviews for BB IB (hopefully in NYC but i am nowhere near NYC now) for a SA for summer 2014 by applying through...
    is submitting an application online a black hole?
  • I just finished my freshman year at U of M in LSA. I applied to the business school and will hear whether or not I get in in around a month. I had a 4.0, but my extracurriculars and essays might be a little weak. It seems as though the last few years Ross admissions has been very essay/EC weighted....
    Michigan (Non-Ross)
  • Hi, Looking to get some color about the best way to spend the last week before the exam. As of now I've nearly exhumed all difficult/advanced q-bank questions with an average of 78%. Knocked out 2.5 practice exams and plan on doing another two. What are some of the things you guys did...
    Writing the CFA exam- no work until June 3
  • Listen up all you newly minted college grads. Now that you’re entering the brave, new, depressing world that is life post college, you are probably eager to jump start your cube life and pay down your debts. And <strong>everyone you talk to is gonna offer up their unsolicited sage advice...
    Worst Career Advice for New Grads
  • Anyone know any lenders that still do long term, preferably 10 years, on interest only loans? We have an existing property, with $6 million in debt. I prefer to do I/O for like 5-10 years then have it convertible to amortizing term. I called several banks and many cringed at interest only unless...
    Commercial Interest Only Loans?
  • I have seen discussions relating to this topic before, and I have read through them, but I am going to get a little more specific with my questions. I am about to embark on a RE IBD Summer Analyst role at a BB and was wondering if what I read on this forum is correct - mainly that the only exit...
    RE IBD: Are the Exit Opps Really That Limited?
  • What are some of the reasons people would want to work in this F500 function? From my reading on here, some people claim its a good alternative to IB given the fewer amount of hours worked.. Is Corp. Strategy something consultants would prefer and ex-bankers would opt for Corp. Dev? Can someone...
    Why Corporate Strategy?
  • I am trying to get a grasp on what this company actually does. The company description reads: CognoLink is an independent research firm that manages an expansive and rapidly growing global network of industry specialists. Founded in 2007 by two former Bain & Company consultants, we...
    Does anyone know anything about CognoLink
  • So, after 2 months of preparation and studying (a lot of credit due to Phantombanker's study guide) I got a 770 on the GMAT. So now I'm turning my focus to actually applying to schools. I'm wondering if I should get more work experience or have a reasonable shot at...
    To Get More Work Experience Before B-School...
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This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
Why You DON'T Leave Banking for B School Just to Come Right Back...
I get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <strong>Summer Analyst...
MSF Question and Answer
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
This is just fantastic. After sitting through Carl Levin and John McCain spewing a bunch of nonsense about how Apple doesn't pay enough taxes (despite being the #3 taxpaying company in America behind ExxonMobil and Chevron), Rand Paul lit them up about what a travesty it was to blame Apple...
Rand Paul GOES OFF at Apple Hearing
Someone was asking me about this in PM and I wrote a long and detailed reply about what it is like to work in Big 4 and what advice I would give to people thinking about interning / working there. Thought it might be useful for others so my reply is below. Happy to answer any...
Working In Big 4 Audit in London
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