Once you’ve done your research on the format and content of the GMAT and GRE tests, you’re ready to settle on which one you want to take and start your preparation.
If you still need a review of each test to help you navigate the details, see our previous post examining both test options.
Test preparation is critical. The tests are rigorous, but your prep has the advantage of getting you in the right mindset for entering a top MBA program– where the exams and workload will be just as challenging, if not more so.
Prep tools include books that take you through the format of the test and offer practice exams, as well as formal prep classes (in person or online) and tutoring that can cost hundreds of dollars. Going with a more affordable option can work for some candidates.
“If you did well on the SAT or if you have a rigorous math background, you might be able to prepare on your own.”
– Jamie Nelson, an instructor with Manhattan Prep, which offers test prep classes in Dallas, Houston and Austin.
Here are some top prep tips from students and test prep instructors:
It can be the most stressful part of an MBA application-– the requirement to take either the Graduate Management Admission Test (GMAT) or the Graduate Record Exam (GRE).
At McCombs, the Admissions Committee does not waive this requirement for any of our Working Professional MBA programs (Dallas/Fort Worth, Houston, or the Austin Evening programs) or for our Full-Time program.
So your first question will be: Which test do I take?
Like coffee vs. tea, or vanilla vs. chocolate ice cream, the choice is entirely yours. We have no preference, though more of our students end up choosing the GMAT because it is designed to prepare candidates specifically for business school. And some professions, like consulting and investment banking, do prefer that you have a GMAT score to report. (We’ll have more on this in a future blog post.)
While both tests have quantitative and verbal sections, they have noticeable differences. We encourage you to do your research and take practice tests to learn each test’s points of emphasis, and how they are scored.
Here are some key differences between the GMAT and GRE:
The Texas MBA Program receives many applications from highly qualified applicants throughout the year. It’s impossible to fit everyone into the physical space of our program, so we have an MBA waitlist.
The waitlist can be a challenging place for applicants, given its uncertainty and lack of a clear timeline and expectations, but we feel very strongly that it is also a wonderful opportunity, an exercise in patience, and a gift of time not given to all who apply.
The waitlist is not a final decision from the Texas MBA Admissions Committee. Rather, it is a place to wait and see what unfolds. Please explore the information below to better understand what it means to be on the Texas MBA waitlist, and how you can make the most of this time.
The Texas MBA Program at the McCombs School of Business is located right in the middle of America’s most innovative city. As a top entrepreneurial MBA program, Texas MBA can offer many unique resources to prepare students for new business ventures. One of the best resources for aspiring entrepreneurs at McCombs is Texas Venture Labs.
Jon Brumley Texas Venture Labs (TVL) is an initiative to accelerate startups in taking their innovations to market and help entrepreneurs become leaders in business. As a Texas MBA, you’ll have access to the many resources that TVL has to offer! From pairing up with local startups for a semester-long consulting project, to having the opportunity to compete in the annual Investment Competition, TVL will help you build the skills you need to turn your idea into a success story.
McCombs recognizes the value military veterans bring to our campus. Our community is one of support, collaboration, and dedication to prepare you for career success, which is why the Texas MBA is consistently a top-ranked program for military MBAs.
Transitioning from military life to civilian life can be challenging. An MBA degree can be a great resource for veterans to enhance their business skills and transition into a civilian role in the business community.
We Invite You to Learn More at the Texas MBA Military Forum!
The Texas MBA Military Forum offers future military MBAs the opportunity to meet many of the former military members currently enrolled in the Texas MBA Program, meet our top-rated faculty, and network with Texas MBA military alumni. Through this event, you’ll learn how to successfully transition from your military career to a top MBA program, as well as discover all of the resources available to you at The University of Texas at Austin.
Registration for this event has passed. Our next Military Forum will be in the fall of 2018.
The McCombs School of Business and The University of Texas at Austin offer many resources to aid in the transition into civilian life and returning to school full-time to earn your MBA. See below for some of resources available to vets enrolled at McCombs.