A couple of weeks ago we posted some key learnings from the GMAC Test Prep Summit in New York City. While we wanted to post the most GMAT-relevant information as quickly as possible, there were a few more insights that we picked up that we wanted to share here.
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We get this question a lot at Veritas Prep HQ, and it usually comes from an applicant who is just days (or hours) away from taking the GMAT. While you will ideally feel 100% confident walking into the test center after doing enough GMAT preparation, the reality is that you will likely face at least some pangs of doubt unless you’re a master test taker.
A little while ago in this space, we published a review of our findings from the verbal section of the newly-released Official Guide for GMAT Review, 12th edition. At the end of that post, we promised a similar review of the quantitative questions. If you have been patiently waiting for that installment, then an explanation is certainly in order. Why the delay: Well, quite simply, we didn’t follow our own advice.
“I have to let you know; I’m not a very good standardized test taker.”
If you’ve ever taught a test preparation class, you’ve heard this introduction-slash-disclaimer multiple times as students have entered your classroom for the first time. If you’re reading this space to learn how to become a better standardized test taker, you may have uttered these words to yourself recently. In a society that becomes more quantitatively-oriented by the day (as evidence, someone somewhere can give you a percentage by which that quantitative orientation increases day by day), standardized tests are a major determinant in the academic and professional opportunities available to those who seek them. The high stakes nature of those exams builds stress, and that stress more often than not snowballs, bringing down a student’s performance level and creating additional stress on the next standardized test.
(This is the last in an eight-part series of blog posts in which Julie DeLoyd, a Veritas Prep GMAT alumna-turned-instructor, will tell the story of her experience through the MBA admissions process. Julie will begin her MBA program at Chicago Booth this fall. You can also read Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, and Part 7 to learn Julie’s whole story.)
After the amazing success or our first free trial GMAT classes earlier this summer, we have added more to the schedule between now and early October. These trial classes give you a terrific opportunity to meet your Veritas Prep GMAT instructor and get a taste of what makes Veritas Prep’s GMAT prep curriculum so much more effective than the other leading companies’ offerings.
(This is the seventh in a series of blog posts in which Julie DeLoyd, a Veritas Prep GMAT alumna-turned-instructor, will tell the story of her experience through the MBA admissions process. Julie will begin her MBA program at Chicago Booth this fall. You can also read Part 1, Part 2, Part 3, Part 4, Part 5, and Part 6 to learn Julie’s whole story.)
(This is the sixth in a series of blog posts in which Julie DeLoyd, a Veritas Prep GMAT alumna-turned-instructor, will tell the story of her experience through the MBA admissions process. Julie will begin her MBA program at Chicago Booth this fall. You can also read Part 1, Part 2, Part 3, Part 4, and Part 5 to learn Julie’s whole story.)
Recently we conducted an informal poll of business school applicants preparing for the GMAT. We wanted to learn more about what GMAT students know — and what they don’t know — about the exam. Some of the results surprised us. It turns out that there are some critically importance details about the GMAT that many students do not know, and, even more dangerously, there are some myths out there that need to be dispelled.
(This is the fifth in a series of blog posts in which Julie DeLoyd, a Veritas Prep GMAT alumna-turned-instructor, will tell the story of her experience through the MBA admissions process. Julie will begin her MBA program at Chicago Booth this fall. You can also read Part 1, Part 2, Part 3, and Part 4 to learn Julie’s whole story.)
Just a quick heads up that we have more than 60 GMAT prep classes starting around the world next week. If you’re gearing up to apply to a top MBA program this fall, now’s the perfect time to start working on the GMAT!
We offer a variety of course formats depending on where you live. Whether it’s a weeknight Full Course, a weekend course, a Saturdays-only class, a week-long intensive program, or an online GMAT course, every Veritas Prep GMAT class provides you with the same comprehensive material and top-tier GMAT instruction.
After the success of our first Free Trial Classes in select cities in May, we’re excited to announce that we’ve expanded our roster of Free Trial Classes for our courses starting in July! Our Free Trial Classes are a great way to meet your GMAT instructor and get a firsthand feel for what makes Veritas Prep the best in GMAT preparation.
(This is the third in a series of blog posts in which Julie DeLoyd, a Veritas Prep GMAT alumna-turned-instructor, will tell the story of her experience through the MBA admissions process. Julie will begin her MBA program at Chicago Booth this fall. You can also read Part 1 and Part 2 to learn Julie’s whole story.)
(This is the first in a series of blog posts in which Julie DeLoyd, a Veritas Prep GMAT alumna-tuned-instructor, will tell the story of her experience through the MBA admissions process. Julie will begin her MBA program at Chicago Booth this fall.)
Okay, so the best deal in NYC is really found at Mamoun’s on Macdougal, but the second best deal in NYC this weekend will be Veritas Prep’s MBA Blueprint. Only 4 days left to register for this extraordinary event. Spend a day with Veritas Prep’s admissions experts, and you will emerge with the knowledge and tools you need to put together business school applications that will get you admitted.
In our never-ending quest to provide the most comprehensive and modern GMAT preparation available anywhere, we are proud to introduce the Veritas Prep GMAT Practice Quiz app for the iPhone and iPod Touch! This free application gives you access to more than 180 realistic GMAT questions in a realistic and easy-to-use interface.
You’ve asked for it, and now you’ve got it! By popular demand, we will allow a select number of students to attend the first class of our May 12 GMAT courses in L.A., Boston, and Chicago at no charge and with no string attached. This gives you a chance to meet your Veritas Prep instructor and see for yourself why we offer the industry’s most comprehensive GMAT preparation.
These aren’t free seminars or “preview” sessions — you will be able to sit in on the real first class of our seven-week Full Course. You will receive a complimentary lesson plan to bring with you to your Free Trial Class so you can follow along with the instructor just like everyone else. The Free Trial Class gives you a terrific opportunity to meet your Veritas Prep instructor before enrolling in a Veritas Prep GMAT course, with no obligation unless you choose to enroll.
Just a quick reminder that tomorrow (May 1) we will raise prices on our GMAT courses. Starting tomorrow, the new prices will be:
- Full Course – $1,600
- Weekend Course – $1,500
- Intensive Course – $1,800
- Quant / Verbal Focus – $800
- Virtual Veritas Prep – $1,200
- Veritas Prep on Demand – $850
Enroll in a GMAT prep course now to lock in our old prices. We have courses starting everywhere the week of May 11!
Last week Yale student Vivian Yee interviewed Veritas Prep co-founder Chad Troutwine about how the company got its start as part of a business plan competition while Chad and Markus Moberg were students at Yale SOM. The brief article provides a nice snapshot of what the test prep and admissions landscape looked like back in 2002, and Chad provides some thoughts on what has changed since then.
You can read the full article here, but below is an especially useful snippet, taken from Chad’s answer to a question about advice for people who are applying to grad school now:
Last week the Bay Area’s Contra Costa Times ran an article titled “Value of an MBA Put to the Test,” focusing on the evolving return-on-investment equation for prospective business school students. In the article, David Morrill turned to Veritas Prep for advice to give to prospective business school applicants.
For the first time in more than two years, Veritas Prep will soon raise prices on its GMAT prep courses. These changes will take effect on May 1, 2009, and will enable us to continue providing the best in GMAT preparation.
We have always prided ourselves on providing the industry
Normally we don’t use this space to blatantly flog our GMAT prep courses, but this week we have dozens of courses starting around the world!
If you want the most complete GMAT preparation available from any company, anywhere, then we recommend our Full Course. This is our most popular format, which gives you six hours of in-class preparation per week, over seven weeks. (In some of our bigger cities, such as New York, we also offer a Saturday-only GMAT class.) These courses start tonight and tomorrow night in most cities, and this coming Saturday in those bigger cities.
If you prefer to attend class on weekends and also want to finish in fewer than seven weeks, our Weekend Course gives you 36 hours in class over two straight weekends. The difference vs. our Full Course is that less time is spent on class reviewing homework lessons, so rest assured that you’ll learn everything in this course as in the Full Course. The Weekend Course also gives you the chance to focus just on verbal or quant lessons, if one of those areas is your predominate weakness.
Veritas Prep has hit your local newsstand! This month’s issue of Entrepreneur Magazine features a cover story about Veritas Prep and its two co-founders, Markus Moberg and Chad Troutwine. The story describes how Veritas Prep evolved from an idea for how to build a better test prep company to a winning business plan entry to a startup run out of their dining room to the fastest-growing GMAT prep and admissions consulting company in the world.
Attention all GMAT test takers in New York, Boston, and Washington, D.C.! This is a reminder that Veritas Prep will host a free seminar in your city tonight.
Additionally, for the people in New York and DC, we have special giveaways planned. One New York seminar attendee will win a free Veritas Prep GMAT course, a $1,500 value. When you arrive, make sure to sign in to be eligible to win the free course. You will also get to hear from Veritas Prep co-founder Chad Troutwine on his proven tactics for acing the GMAT.
There goes another year! As 2008 winds down, we thought we’d share some of our most popular posts and most interesting topics from the past 12 months:
- Financial Times MBA Rankings 2008
- Ace That Interview!
- Introducing the Veritas Prep Business School Selector
- GMAC Addresses GMAT Cheating Scandal
- The HBS 2+2 Program
- Lowest Price on the Official Guide for GMAT Review
- And So It Continues…
- Free Sample GMAT Exam Now Available
- Veritas Prep Provides MBA Admissions Tips for Forbes
- Veritas Prep Quoted in U.S. News Article
- Announcing Law School Admissions Consulting Services
- MBA Admissions Tips from Haas
- Last-Minute MBA Admissions Essay Tips
- BusinessWeek MBA Rankings for 2008
- Our First Annual MBA Admissions Officer Survey Results
- Veritas Prep Featured in BusinessWeek
- Announcing the 2008 Veritas Prep GMAT Instructors of the Year
Thanks for reading, everyone! Best wishes for a terrific 2009!
The folks at BusinessWeek are working on an interesting and valuable series: If someone could start planning their business school application five years in advance, what should they plan and do each year leading up to submitting their application? For the first story in this series, called Five Years to B-School: The First Year, she turned to Veritas Prep’s own Scott Shrum for advice for future MBA applicants.
The intersection of business school and the economy continues to be a story worth telling and the latest to do so is CFO.com. The noted website has run a feature on the effects of the economic recession and the spike in applications that has already been on display and that is projected to continue through the remaining rounds of the MBA admissions process. The value of the CFO.com piece is that the article moves from mere trends in the admissions space to some helpful tips that will allow applicants to maintain their footing in a more competitive cycle.
Inside Higher Ed, one of the leading voices on matters related to the higher education space, recently turned to Veritas Prep for insights on the competition among business schools in trying to outshine one another in the rankings. Chad Troutwine and I recently were in Washington, D.C., and we had a chance to sit down with Inside Higher Ed‘s Jack Stripling to discuss trends affecting the world’s top MBA programs.
As detailed throughout this space, the business school landscape continues to evolve in the wake of the recent financial crisis and ongoing economic recession. Now mainstream media outlets are diving into the story and attempting to sort out fact from fiction and determine accurate trends with regards to the MBA admissions process.
When Bloomberg’s Oliver Staley recently wrote a story about Pepsico’s ex-Chairman Steve Reinemund joining Wake Forest’s Babcock Graduate School of Management as its new dean, he turned to Veritas Prep for a viewpoint on the MBA rankings game.
Veritas Prep is proud to present, along with Beat the GMAT, the MBA Fast Track Scholarship. We’re giving away nearly $20,000 in free GMAT Preparation and Admissions Consulting services to the lucky winners of this scholarship. Five winners will be selected by representatives from Veritas Prep and Beat the GMAT.
The Scoretop.com scandal has been the big business school news the past couple of days. We already posted an article on Monday about the FAQ released by the Graduate Management Admission Council (GMAC), but more information continues to come to light. GMAC released more information today, which was covered in this AP article.
I generally don’t like to boast about my job. Firstly, it goes against all of my hip/jaded sensibilities; secondly, it usually comes off as insincere – my paycheck and I have become quite attached and I would likely say anything to keep it that way. But, at the risk of losing all of my “hard-earned” hipness and credibility, I’m going to make the following announcement: Veritas Prep has the best view in test prep!
I literally mean that our office in Malibu has one of the greatest views known to man. Our terrific view is right up there with the best of them: Machu Pichu, Everest, Eiffel Tower, Grand Canyon …
For our new readers who may not know who we are, Veritas Prep is a test-preparation and admissions consulting company focusing exclusively on the GMAT and MBA admissions. We attract the top instructors (all have scored in the 99th percentile), and provide more hours of live instruction than other GMAT preparation companies. To learn more about us, you can visit our site.