GMAT Meanings

GMAT Meanings

According to AbbreviationFinder, GMAT is the acronym of Graduate Management Admission Test. One of the problems faced by those students who seek to improve their preparation in order to reach new steps in their career, is the need to work alongside these studies.

Especially when you aspire to higher and higher levels, this not only results in a need to have the time necessary to prepare and present the tests, but is associated with an increase in costs as well, it is for this reason that it has been created the mini-GMAT.

The GMAC or the Graduate Management Admission Council, which is the regulatory body for admission processes for MBA programs worldwide and with more than 2,000 subscribed institutions, has launched the mini-GMAT program, focused 100% in those students who in turn work.

This test model will be much shorter than the original GMAT and will have the same validity to access the more than 2,000 institutions that are part of GMAC, including prestigious universities such as the London School of Business, or the University of Pennsylvania.

The mini-GMAT is called EA and consists of three sections, unlike the 4 of the GMAT, and although it sounds very attractive to many, there are a couple of important differences to consider before making plans to take the EA (Executive Assessment).

The first is that, unlike the GMAT that can be presented as many times as desired, the EA can only be done twice in a life cycle, so applicants must be completely certain that they have all the necessary skills to master it.

The second and no less important is the fact that only those students who have a verifiable work experience of 8 years will be accredited to take the mini-GMAT.

This measure has been taken to open new perspectives and motivate more students to reach higher ranks in their administrative and business careers, we think it is an excellent proposal and of course we would like to know your opinion. Do you think that the EA is a measure? that will provide greater opportunities?

GMAT Meanings

5 GMAT Math Formulas

If you suffer from ‘numerophobia’, you are not alone. According to TopSchoolsintheUSA, the key to a good score on the quantitative part of the GMAT is to follow these preparation strategies that we will give you in this blog.

GMAT Math Formulas you should know:

  1. Speed ​​Distance Time

Average speed = Total Distance \ Total Time Similarly, Distance = Speed ​​x Time.

  1. Area and Volume of Geometrical Shapes

The area of ​​a triangle is base x height \ 2. Either side can be taken as the base, but the height must be perpendicular to the base and pass through the opposing vertex Similarly, the area of ​​a circle is = πr 2 , where r is the radius. Also, the volume of a cube is a 3 , where a represents the length of one side

  1. Pythagoras Theorem Average

In a right triangle, A 2 + B 2 = C 2 , where C is the hypotenuse and A, B are the other sides.

  1. Permutations and Combinations

A very important part of the GMAT The permutation formula for n objects is n! \ (Nr)!, where n is the number of options and r is the number of selected objects. Similarly for combinations, the formula for the number of combinations is n! \ r! (nr)!, where n is the total size and r is the number of selected items.

  1. Average & Sums Formulas

Everyone knows how to find an average, but the power of this formula is often underestimated.

Average = (sum of parts) / (# of parts)

Remember that it can also be written in this way: sum of the parts = (average) * (# of parts)

This formula is quite useful, for example, if we subtract or add a part we will quickly know how this modifies the total and therefore the average Remember that if you want to combine 2 groups of different sizes, you cannot add the averages but you can add the totals.

There are many important formulas that you should know, for example the properties of numbers, basic statistics, ratio and proportions, system of equations, fractions and percentages It’s always a good idea to review the powers to the squares and the cube of the numbers up to 10.

The formulas and concepts mentioned above are building blocks for the Quant section of GMAT that will help you save time! A big impact on your final grade.