GMAT Scores

The topic of GMAT scores is an interesting one, because I’ve seen it both make and break an MBA candidate.  I’m not going to repeat the sound advice already available on the internet, for example from MBA Apply’s blog posting.  We all know about the magical 700 number and its ability to make you eligible for the top business schools.

But what about those who are just below (680-690)?  What about (620-680)? Below 620?  I’m going to say some pretty unconventional things about these GMAT scores, so brace yourself.

If you’ve scored 680-690, you’re probably feeling pretty annoyed.  I mean, you know you can hit or beat 700.  And you know that the adcoms know that you could beat 700.  They’d probably be totally ok with a 680 or 690, especially if your admissions package is glowing everywhere else.  But what if your next try is just unlucky?  You could score less.  It might take 2 or 3 tries.  And if you just leave it alone at 690, it’s going to affect your confidence for the next several months or however long until you actually apply.  It’ll make every little aspect of your candidacy look less attractive and less significant.  Your 3.6 GPA suddenly looks too low.  The fact that you’re 1 year older than the average 27 year-old applicant is going to make you feel like an old bag.  Your work experience is going to look so meaningless and when you go to Businessweek forums, you’re going to convince yourself that if people who have started 2 companies and solved world hunger aren’t getting into a top 10, then you have no chance.  If you get past the application process, you’re going to overanalyze every blink, shift, and expression on the face of your interviewer.  And for whatever reason, you don’t get into the schools of your choice, you’re going to beat yourself up for not hitting 700, because that’s got to be the reason why you didn’t get admitted.  You will think this, even if you know that an adcom wouldn’t be stupid enough to compare a 690 application vs. a 700 application based on GMAT score alone.  But at least it would be one less thing to count against you.  Go get your 700.  Not for the score or for the adcom, but for your confidence and your sanity.  Get it no matter how many tries it takes.  What? No way?!  (See below)

If you’ve scored 620-670, you’re probably already thinking you have no chance at a top 10.  30 more points sounds like a stretch even if you managed 670.  But anything below that and you’re already starting to adjust your expectations.  You’re starting to look at backup schools and trying to picture your life in the future as something less than awesome.  Well stop wasting your time daydreaming about what you don’t want, and do the work necessary to get what you want.  Take a prep course, or if you already have, try a completely different approach and talk to other folks who’ve taken the test several times and managed to see improvement.  Whatever it is, and no matter how many attempts, try your hardest to break 700.  Conventional wisdom says (and what adcoms will tell you) is that they only think you should take a GMAT once or twice and that any more is probably not going to help you.  Well, think about it, what are they supposed to tell you?  Take GMAT as many times as you can until you get 700, THEN apply to our school?  They would make the GMAC very rich!

Here is a seemingly counterintuitive way to look at a 700 score from 2 different applicants.  One applicant, Jack, got 700 after taking his GMAT 5 times.  Another applicant, John, got 700 on his first GMAT attempt.  Now, all else equal, the two scores communicate two different positive messages to the adcom reviewing the packages.  Jack got 700 but he took so many tries.  It would have been nice for him to do it on the 2nd or 3rd try, but he took 5 attempts.  He obviously has the chops to score 700 and probably the rest of his package, based on other achievements, clearly indicates it too.  Wait, isn’t one of the attributes we look for in a business leader = tenacity?  He didn’t give up and successfully attained his goal.  That’s the stuff of leaders.  And he has proven that he has this stuff!  John also scored 700, and he is clearly smart since he did it on his first try, but he may not have necessarily displayed tenacity in any other part his application.  We might give him an interview to find out, and then admit him.  Or maybe we’ll interview him, and then put him on the waitlist.

Now, if you tried many times and can only hit the high 600′s but need to apply soon.. at least feel confident that you have the guts and the persistence to try that many times.  It’s that much more effort you’ve put into the process and as long as there’s some improvement in your score, the adcom will view it more favorably than not (assuming other aspects of your MBA are compelling)

If you’ve scored below 620, you’re probably thinking about not even wasting time and application dollars on top 10 schools. Well, I would still argue for you to try as hard as I suggest above, because even top 25 schools will be looking for a lot of the same traits and confidence I mentioned.  And you may very well be able to hit the high 600′s or even 700 altogether.  I have known friends to successfully start at the low 600′s and break 700.  More importantly, it’s about not regretting having tried too little, which for many is exactly what the MBA is about.  You want something different.  You don’t want to just truck along on the same path forever.  Most people who go after an MBA are ambitious in at least some fiber of their being and the regret of not trying harder would kill them.

As you can see, I’ve taken much more of a state-of-mind approach when thinking about GMAT scores.  Because it can totally ruin your attitude about the MBA application process and even worse, destroy your confidence.  You have a choice.  Let it defeat you, or command success.  Every top 10 MBA alumni will tell you they opted for the latter.

If you’ve perused some of the Businessweek forums where people with 740 GMAT scores and 3.9 GPAs didn’t even get interviews.. then you should know that adcoms don’t even take the score as seriously as we do.  Take it seriously, but don’t ever let it touch your confidence.  Confidence is part of the intangibles that adcoms look for in applications and interviews.  And as I mentioned in my post MBA gone wrong, the intangibles are what make business leaders, not GMAT scores.

MBA gone wrong

Here’s a classic example I’ve seen dozens of times:

The software engineer who wants to go into product management: He is tired of working on technical problems like coding a new feature, or QA’ing someone else’s work.  He looks left, then right, and the people he interacts with most outside of engineering are product managers (PM) because PMs drive product requirements which developers code.  He also gets face time with sales and field applications engineers, but cannot envision himself being in the field.  It’s a stretch.. one that is too far out from his comfort zone.  So, “bingo,” he thinks to himself, “I really want to be a product manager. Those slackers just show off the work that I do to customers anyway and I’m much more technical, so I can do a better job”.  He talks to his boss and maybe the product line manager or director of his business unit about his desires to pursue a marketing position.  In all sorts of roundabout ways, he is led to believe that no product management positions are currently available and that he needs to gain more business skills to develop himself into a product manager.  Frustrated after trying for months or even years to make the switch, the software engineer decides to buy a golden ticket (MBA) in hopes to join the next hot company as a product manager.

There is all sorts of wrong in the above scenario.  Did the software engineer think about his career goals in an intuitive way?  Is he asking himself why he has not been able to successfully move into a product management position within his own company?  Does he know what it takes to become a product manager?  Does he even need an MBA to switch into product management?  And here’s the sad part.. software engineers like these folks who successfully switch into a product management position after business school, end up learning the long and hard way that being a product manager is incredibly stressful without a lot of glory.  And from there he finds himself wondering why he is stuck in a mid-level position, unable to progress into group manager or director positions.  Puzzled, he asks his management what “skills” he needs to build to advance.  And they’ll tell him, “leadership skills” and “gaining visibility up the chain”.  ”Leadership skills?  I got an MBA already, what more can I do to develop them”, “… visibility? They never taught us that in b-school…”

The thing is, it’s very likely that whatever the software engineer was lacking before his MBA, continues to be lacking after his MBA.  In my years of experience as a PM, I’ve witnessed software engineers that have successfully transitioned into a PM role, as well as some that never do (within the same company).  The ones that do, had already been peering their heads above their dual-screen LCD setups, demonstrating curiosity for the business side of things and frame their work in context of the market and customers.  These engineers tend to be the ones that marketing people always want to bring in front of customers.  When working through product requirements, they know to prioritize their work based on revenue impact and customer needs.  The ones that don’t make it over to PM-land are the engineers who never asked to see the business plan, have no idea what is not ok to say in front of a customer, and don’t know anyone outside of their immediate working relationships.  These folks tend to not “get” leadership, influence, and visibility.  These folks view customers as problem-bringers rather than value-add opportunities.

That’s why said software engineer was not able to switch into a PM role before his MBA, and that’s why after the MBA, he faces the same career immobility he faced back in his days as an engineer.

–> Lesson learned: It’s not just about skills.. it’s about traits, charm, and the it factor.  An MBA gives you proof of skills, but it’s up to you to leverage the experience to cultivate the intangibles.  The MBA experience has the potential to develop soft skills, but not as part of the curriculum and not without a tremendous effort on your part.  Luck also plays a role, but that’s out of our hands.  The one thing I will say is that I notice charming people get lucky a lot more often :) .

Going back to my second post, So, why an MBA?, the point here is that if you don’t carefully assess why you want to change, what goals you have, and why you have not been able to achieve them thus far, then you could be just like the software engineer described above.

Not everyone has the ability to step out of their own shell and critically evaluate themselves.  For those people, it’s important to surround themselves with people who are insightful to see the gaps, and care enough to be bluntly honest with you in order to help you.

So, why an MBA?

Loaded question!  These 4 deceivingly simple words will end up costing endless hours of hair-pulling writer’s block when it comes to writing admissions essays.  Most potential applicants I talk to really do not know how to think about this question.  But it’s not surprising.  Most prospects, at the point that they are thinking about an MBA, feel in their gut that something is not whole or right about their career situation.  And it’s really starting to impact personal happiness and quality of work.  That’s when they start thinking about other options and getting an MBA is right at the top of the list.  It’s that golden ticket, the check box that everyone in their 20- and 30-something’s itches to mark off as complete.  It’s that unicorn you chase, hoping the end of the rainbow finds paradise.

Well, descend from the clouds and slow down for just a second.  An MBA is a ticket that can cost over $150,000 in tuition costs alone.  For some, this will represent the second largest purchase in their lives!

Here are some reasons why people get an MBA:

  • You really want to hit the reset button and re-imagine your career. (You, my friend, are known as the career switcher)
  • You want to be more important and get paid more.  (And you, the career advancer)
  • You want to do your own thing, but don’t have the business chops to do it.  (You’re the entrepreneur)
  • You want to deeply investigate and explore specific aspects of business.  (The academic)  –> go for it.  Or consider a PhD in business.
There are no wrong reasons to get an MBA, but what you really have to ask yourself and figure out is whether or not an MBA really gets you any closer to your goals (will talk about goals in another post down the line). Otherwise, you may be wasting time and money without accelerating your path to success.
Rather than writing an endless post here to elaborate on the above, I’ll be posting examples in future blog entries.

Hello Future MBAs!

I’m starting this blog right after finals, now that summer is here.  It was impossible during the school year, with classes, the competitions, various career events, and of course hanging out with friends.  Well, I finally made the plunge!

Just wanted to say “Hi!” and let the MBA application goodness begin!

Hopefully, this comes at just the right time to be useful for prospective MBAs who are applying in the upcoming season for Fall 2013 class start dates.

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