Career as a GMAT tutor / career advisor?

This is perplexing: I was browsing Craigslist late at night and came across a Harvard ugrad in Applied Math/Econ who is offering GMAT tutoring services. It seems like this guy is offering them as his full job as I didn't see any indicators of transitioning to other jobs/school on his website. I wonder why this guy and many other ivy league grads are offering college prep/career prep services - because they could be well... building a solid career.

I've also stumbled across quite a few podunk interview career prep companies where you pay $45 to talk to some VP at some bank or firm for 30 minutes. Are these actually legit and is this a nice supplementary to buy more shiatsu massages with?

I'm thinking $100 hourly rate and being around other 99th percentile people (Manhattan GMAT tutors) isn't bad and you get great work life balance!? plus you might find your soulmate and have 2400 SAT children to whom you can get into SAT tutoring and make a killing.

Thoughts?

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Comments (12)

May 28, 2010

well, it's good reasoning. but the career prospects further down the line (unless you make a business of it and expand and hire people) aren't very good. to make a mill a year on 100 per hour you'll need to work 190 hours per week.

but for the work/life, if you work say 30 hrs/week, that's 3000, meaning 156k. not bad atually...

"... then, lobbest thou thy Holy Hand Grenade of Antioch towards thy foe, who, being naughty in My sight, shall snuff it."

May 28, 2010

I certainly think you can make a good living from tutoring services but it's all about scale. You would definitely be limited if you are tutoring a few kids a day at $100/hr. If you could setup an environment like the big tutoring services where you have a few sessions per week each filled with 10-15 kids, you're now looking at some potentially good money. Obviously, you won't be able to charge $100/hr for each kid if you're tutoring 10-15 at a time, but you could offer 1 on 1 tutoring for that rate.

I've read that some of the best tutors in South Korea are treated like rock starts. Korean parents will spend a fortune to have their kids tutored by the best in hopes their kids will get into the top universities. I have no idea what these rock stars make but I think it's an interesting business. You would have a steady inflow of new business every year unless you're on an island like "Lost" where people are unable to have babies anymore.

May 28, 2010

If you strike luck in the rich areas of Korea, you can easily start at $45 an hour.

May 28, 2010

Hi coolo, check out these threads:

  • Economist GMAT Tutor? day so I was looking into their GMAT tutor. Any insights? Or maybe other prep materials/online tutors ... Hey guys, I'm just wondering how did you prepare for GMAT. I'm applying for grad school ... (MSF/MSMF) this Fall, and I'm thinking about getting down to GMAT earlier. I read the Economist every ...
  • Is tutoring and lab work relevant to investment banking / finance? I tutor MCAT/SAT/ACT for $45 an hour. I work in a lab as well. I wonder if I can get into B-School with ... tutoring might be useful for consulting, in terms of people interaction. If that is not possible, I'm ... Hello everyone, thank you all for the advice. Just to let you know, after thinking about it, ...
  • 28+ GMAT Books in NYC/NJ area Official Guide 10 Official Guide- Verbal Review II Official GMAT Notepad with Pen (this is what ... you get on the exam) How to get into top mba programs- Richard Montauk Perfect Phrases for Business ... school acceptance 65 Successful Harvard Applications Great applications for business schools- Paul Bodine ...
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  • How I got a 770 on the GMAT... whitecollarandsuspenders version the GMAT I went to church for the first time in a long while. Prayers were answered, and since we all ... techniques or quicker solutions? Look for shortcuts and/or patterns. Estimation? Use smart numbers? Plug in ... First, shout out to @phantombanker for his original work "How I got a 770 on the GMAT with ...
  • Ask mbaMission about Business School Admissions WSO is excited to have the experts from mbaMission on board to answer applicant questions in the ... one exclusively recommended by Manhattan Prep and Kaplan GMAT. Their dedicated, full-time Senior ... attributes in their applications. When applying to an elite MBA program, you need elite experience on your ...
  • New Private Equity Interview Course- v3.0- Looking for Beta Users ($100 Off for Feedback) PE interview prep course from WSO ready in time for private equity recruiting season this year ... (always earlier and earlier and now just right around the corner). We are looking for a total of 30 beta ... users to help us with feedback on our new platform. In exchange, for those that take the time to give us ...
  • More suggestions...

No promises, but maybe one of our professional members will share their wisdom: @Minogue" @Jason-Houslander @CTL9812

Fingers crossed that one of those helps you.

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May 28, 2010

Hi everyone,

Thanks for your responses thus far. We are still interested in speaking to GMAT tutors, if you would like to email [email protected].

Hope to hear from you.

Best,

Conrad and the Stacy Blackman Team

May 28, 2010

Hi everyone,

If you are a GMAT tutor or have worked with a great one, please email [email protected]. We may have opportunities to refer you to clients.

Cheers,

Conrad and the Stacy Blackman Team

May 28, 2010

Hi GMAT tutors,

Hope to hear from you.

Cheers,

Conrad and the Stacy Blackman Team

May 28, 2010

Hope to hear from GMAT tutors.

Cheers,

Conrad and the Stacy Blackman Team

May 28, 2010