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One of the most significant things to consider while researching business school admissions standards and planning your application strategy is studying for the exam. With a high score, you'll stand out in the admissions process and may even be eligible for scholarships to help you pay for your degree.
While GMAT prep may appear intimidating at first, rest assured that with a good study plan, an efficient test prep technique, and our expert study advice, you can set yourself up for success and get your best score.
With these top ten study tips, you may make progress toward your business school ambitions.
Create an early study schedule.
MBA and business master's applications contain numerous components, such as essays, letters of recommendation, resumes, and so on, and the last thing you want to do is juggle all of things while also preparing for the exam on a tight timeframe.
Set a study strategy early in your business school path to prevent this problem. Did you know you can study in just eight weeks? The free Official Exam 8-Week Study Planner from the designers of the exam provides you with the goals, resources, and recommendations you need to work toward your business school goals in as short as two months.
Understand the test components and include them in your study plan.
It's a good idea to familiarise yourself with the exam structure before developing a study strategy. The exam is divided into four sections:
The Analytical Writing Assessment (AWA part) assesses your ability to think critically and explain your views.
Integrated Reasoning (IR section) - assesses your ability to analyse data and interpret information presented in a variety of formats.
Quantitative Reasoning (Quant part) - this portion assesses your ability to reason quantitatively, solve quantitative problems, and comprehend graphs.
Verbal Reasoning (Verbal part) - assesses your reading comprehension skills, editing talents, and ability to understand written arguments.
Choose your preparation materials intelligently.
There are several exam preparation options accessible, but choose wisely—not all of these resources are made equal.
We advocate using Official prep resources to effectively prepare (and simulate the real test-taking experience). They employ the same scoring mechanism as the original test and feature real questions from previous tests because they were prepared by the GMAT's creators.
Recognize your shortcomings (and work on them)
Identifying which skills require the greatest attention is crucial to your entire preparation approach. We propose using the Official Guide Series to assess your skills and identify your weak points. Analyze your results, and then develop a personalised, targeted study plan to brush up on the areas where you need to improve your skills in order to meet your objectives.
Remember to be realistic with yourself—a score of 700 or above isn't always attainable. Take the Mini GMAT Quiz to gain an instant assessment of your score range and a feel of what is a realistic objective for you.
Time yourself as part of your preparation.
Pacing yourself is critical for achievement because you have limited time. If you know the Verbal component will be difficult for you, for example, work on improving your verbal skills while also ensuring you can execute on them swiftly.
Once you've had enough GMAT experience and grasped the ideas, start keeping track of time so you can train yourself to problem-solve efficiently. As you progress through the four timed portions on GMAT practise examinations, you'll need to pace yourself.
Don't get bogged down on a question.
Remember that there is a penalty for not finishing each segment of the test, and your score may fall with each unanswered question.
Don't get caught up in worrying about whether you're answering every GMAT question right. Do your best, of course, but stick to a timetable. Spend no more than two and a half minutes on any single question. Make a calculated guess if you're stumped. This leads us to our next point.
On the exam, use the process of elimination.
When you come across questions for which you are unsure of the solution, don't waste time. When in doubt, eliminate the incorrect responses to move closer to the correct one. Choose the best option from the remaining options and proceed to the next question.
If you run out of time (despite your best GMAT pacing plan), plan a "guessing strategy" to prevent unwarranted score reductions ahead of time.
Develop your visual literacy skills while studying for the GMAT.
Time management is an important test-taking approach, as we've established. Looking for a quick approach to boost your productivity? Learn to read symbols, charts, and tables using visual literacy.
This type of visual data is frequently used in the GMAT, therefore learning how to evaluate it quickly is essential. You may also see non-standard mathematical notations (or symbols related to a problem) on the Quant section of the exam, so it's critical that you're acquainted with visuals and can remain calm.
As part of your study strategy, improve your mental math.
When it comes to the quantitative part, mental math is a time-saving technique you'll want to have in your arsenal.
Resist the impulse to use your calculator at every opportunity when practising. Instead, practise conducting mental calculations. Because you will not have a calculator during the GMAT's real Quant section, you must practise your mental math skills.
Test your knowledge with Advanced Questions.
Do you aspire to be accepted into one of the world's top MBA or business master's programmes? A high GMAT exam score can significantly improve your chances. There is no greater resource than the Official Advanced Questions to push the boundaries of your abilities.
Get quick access to 300 hand-picked difficult GMAT problems from previous examinations. You will also get access to an Online GMAT Question Bank, which will allow you to generate personalised GMAT practise sets. This is the ideal option for individuals who want to acquire a high score—the kind that will get you that MBA or master's acceptance letter you've been hoping for.
Make sure you have the resources you need to succeed as you pursue your graduate business degree. Receive exclusive information, GMAT prep materials, and the tools you need for each step of the route with the help of ITM institutes.