About Veritas Prep

GMAT Prep & Admissions Blog As the world's largest privately-owned GMAT Prep and admissions consulting provider, Veritas Prep maintains a large network of instructors, consultants, and students. Our blog is a way of opening up this community to new visitors and sharing our knowledge about standardized testing, graduate school admissions, and the business world itself.

Tuesday, December 30, 2008

HBS Admissions Podcast

Recently the Harvard Business School admissions office posted a podcast interview with Dee Leopold, Managing Director of MBA Admissions and Financial Aid.

The interview started off with the question that Leopold hears most often: "What are you looking for in an applicant?" Leopold broke it down into "qualities" and "experiences," and explained that they look for common qualities but diverse experiences in the incoming class.

For qualities, Leopold highlighted the following:

  • Solid values and integrity -- No surprise here. HBS and all other programs won't even consider someone who may seem unethical.

  • Ability to thrive in an analytical environment and academic setting -- As described in Your MBA Game Plan, this is one the key dimensions that you must show in your application. We at Veritas Prep refer to this as "Innovation."

  • Initiative -- How can you show you how you go above and beyond what's normally expected of you?

  • Curiosity -- Another part of what we call "Innovation." Show that you want to learn more about what makes the world tick.

  • Maturity -- This is another one of the four important dimensions that we describe in Your MBA Game Plan.

  • Perspective -- Do you have self-awareness? How have your experiences shaped your outlook on the world?

  • Sense of humor -- Yes, even HBS wants to see applicants who don't take themselves too seriously. We believe this a sense of humor is a clear sign of maturity, humility, and self-confidence.


Note that Leopold didn't mention "leadership." She went on to explain that, "We're looking for leaders who have these qualities (above). We don't think that 'leadership' as a one-size fits all or something that is a list of things on your resume. We think that leadership, and the way you lead, is as exciting a dimension of diversity as any of the other things I mentioned."

There's a lot of great information in the podcast, and this is just a sample. Go here to listen to the entire podcast.

One other note: Leopold mentioned that HBS is visiting a lot of college campuses this year, to open more undergrads' eyes to HBS and the value of an MBA. This is just one more sign of HBS' effort to attract and accept more candidates with very little job experience. Take note of this if you've been out of college for a couple of years and are wondering whether you should apply now or in a couple of years. "We are encouraging people to think about business school earlier in their lives," Leopold said.

While she also went on to say that this is not bad news for more experienced applicants, we believe that HBS' vision of the typical first-year student has permanently changed vs. ten years ago (i.e., it has become younger). If you apply later in your career, expect that HBS will have a lot of questions about why you waited.

Visit Veritas Prep for more information on Harvard Business School and the HBS 2+2 Program.

Read More >>
Bookmark and Share

Monday, December 29, 2008

MBA Admissions Tips from Yale

Recently the Yale School of Management admissions office posted some admissions tips for those applicant who are working on their Round Two deadlines. Among the tips that they offered:

  • Review Your Essays -- Before you submit your application, it's important to review your essays to be sure your goals are well articulated and you've covered all the points you want to convey. You may also want to have a friend or family member proofread them because it's always helpful to have a second pair of eyes to catch things you may have missed. Just remember essays should be entirely your own work.

  • Send Your Official Test Score Reports -- If you haven't already, designate Yale SOM to receive your score reports electronically. If we don't receive your report close to the admissions deadline, the review of your application may be delayed.

  • Make Your Resume Stand Out -- Instead of just listing your job responsibilities, be sure you've highlighted special projects and new initiatives that have contributed to the success of your office.

Also, the Yale admissions office reports that they have sent out about two-thirds of the total candidates whom they plan on interviewing from Round One. So, if you haven't yet heard anything from Yale about an admissions interview yet, don't worry -- they may just not have reviewed you application yet. And, they may keep sending out interview invitations right up until the decision deadline, so there's still plenty of time to hear from Yale!

Just a reminder that Yale SOM's Round Two deadline is January 7, 2009. If you would like some last-minute help on your Yale essays, take a look at Veritas Prep's MBA essay editing services.

Read More >>
Bookmark and Share

Friday, December 26, 2008

GMAT Tip of the Week

A Quick First Step

(This is one of a series of GMAT tips that we offer on our blog.)

The year was 1995. Michael Jordan was finishing a lackluster career in baseball's minor leagues, Cal Ripken, Jr. was putting the final touches on his "perfect attendance" record, OJ Simpson was trying on gloves in a courtoom, and Hootie and the Blowfish were, evidently, writing songs about the GMAT (which was not yet being administered via computer).

"Time...you ain't no friend of mine," they sang, in a way that GMAT test-takers know all too well. The GMAT derives quite a bit of its difficulty from the timed component, which prompts examinees to make seemingly-careless errors and to feel undue stress. What is the best way to deal with the timed component?

Years of working with GMAT students has led Veritas Prep instructors to note one common situation that test-takers face - they often spend too much time looking at a problem and agonizing over how they will approach it, and soon realize that the clock is ticking faster, causing more stress. Often times, it's not the time that students spend solving the questions that causes the problem; it's the time they spend before getting started.

How can you combat this? A major key is a quick first step - you should start by noting what you can do immediately, whether that entails assigning variables to unknowns, plugging in numbers, or setting up an initial equation. Simply by getting started, you will build some confidence and be able to work more quickly and effectively.

The second crucial aspect of beginning quickly is to note the errors you typically make when doing so. By beginning quickly, but knowing that, for example, setting up ratios tends to give you trouble, you can properly allocate the time that you save to the concepts on which you are most likely to err, yet still derive the benefit of a quicker overall progression through the exam.

For more help on the GMAT, visit Veritas Prep to find a prep course near you.

Read More >>
Bookmark and Share

Thursday, December 25, 2008

Happy Holidays from Veritas Prep!

All of us at Veritas Prep want to with you a wonderful holiday season. For those of you who are rushing to get your business school applications done before the second-round deadlines take a look at our sample MBA essays for some inspiration and an idea of what works and what doesn't.

Beyond that, take a breather, relax, and treat yourself to some R&R before the deadlines come!

Best wishes,
The Veritas Prep Team

Read More >>
Bookmark and Share

Tuesday, December 23, 2008

NYU Stern Searches for a New Dean

Thomas Cooley, NYU Stern's dean, has announced that he is stepping down from the post that he has held since 2002. The school has started its search for Cooley's replacement. While Cooley's announcement may seem somewhat abrupt, it sounds as though he simply wants to get back to more research and teaching.

It will surely take a lot of work for Stern to replace Cooley with someone just as capable. Under his leadership, the school hired more than 90 new faculty members and raised $190 million in its most recent fund-raising effort. Cooley also significantly increased NYU Stern's international footprint, setting up join programs with schools in Asia and Europe.

If you're applying this year, take a look at this year's NYU Stern application essays, and visit the Veritas Prep Business School Selector to see what your chances of getting into Stern are.

Read More >>
Bookmark and Share

Monday, December 22, 2008

Announcing the 2008 Veritas Prep GMAT Instructors of the Year

And the winners are...

One of the most difficult challenges for the Veritas Prep headquarters staff each December is selecting its Instructors of the Year from an incredibly talented pool of teachers around the world. Veritas Prep GMAT instructors are among the most accomplished groups of people you can find, as the faculty boasts PhD degrees from Ivy League schools, MBAs from all of the top programs, pedigrees in professional music, comedy, and athletic performance, and hundreds of awards won from other professional and academic organizations. From NCAA All-American selections to the Philly's Phunniest Comedian award, Veritas Prep instructors have won countless honors just to be selected as qualified to teach the classes in the first place (in addition to the requisite 99th percentile GMAT score); to be selected as the elite members of that faculty is an honor that must truly be earned.

When selecting the award winners each year, the Academic Services staff at Veritas Prep considers the highest-ranking instructors based on student evaluations - to win, an instructor needs to grade out at over 9.5/10 on the question "I would give my instructor the following overall recommendation" - and factors in the informal, unsolicited feedback that students submit when reporting their successes and satisfaction with the program. This year's winners are:

David Newland - Boston and Virtual Veritas Prep

Much like a rock star, David can possibly best be described using the phrase "back by popular demand", as his students' friends voraciously call the Veritas Prep offices to ask when David will be teaching next. Upon hearing that he had been chosen as Instructor of the Year, David noted that "I had a pretty good year, but really I was just trying to set the stage for a run at the award in 2009".

Burak Powers - Houston and Austin

2008 was a good year for people named Burak/Barack, and like his namesake the co-winner of the Instructor of the Year award was able to impress audiences with impassioned speeches rife with both thorough knowledge and a "yes we can" attitude. Burak sets a new precedent for instructor evaluation score as a frequent recipient of the "write-in eleven", earned when students feel the need to rate their instructor higher than the upper-limit score of 10. Much like Barack, Burak looks forward to an even-better 2009 as he strives to live up to the lofty expectations created by his success.

Congratulations to both David and Burak, and to the entire Veritas Prep faculty for a year of record-setting excellence. For more information on the Veritas Prep faculty, and a complete list of Instructor of the Year award winners, please visit our GMAT instructor profiles page.

Read More >>
Bookmark and Share

Friday, December 19, 2008

GMAT Tip of the Week

Don't Swing at the First Pitch

(This is one of a series of GMAT tips that we offer on our blog.)

This week, all eyes were on Las Vegas, as the desert oasis town received a whopping four inches of snow. For baseball fans, however, Las Vegas has been the target of much attention all month, as the Major League Baseball winter meetings took place in Sin City, a perfect place for Steinbrenners and other owners to make risky investments with millions of dollars.

Why is this relevant to the GMAT? As many MBA applicants use this month to finalize their applications, including in many cases a last attempt at the GMAT, it may be helpful to remember the old baseball axiom "don't swing at the first pitch", particularly when you face verbal questions.

This tradition in baseball is effective because most batters prefer to get a feel for the pitcher's style before deciding to select a pitch to hit - should they swing at the first pitch without a sense of the pitcher's timing and delivery, and maybe the lighting and other conditions of the ballpark, they could quickly and mistakenly pop out without ever getting a comfortable chance at a quality plate appearance.

On the GMAT's verbal section, students often make a very similar mistake, only in this case "swinging" is akin to "eliminating an answer choice". On many questions, the writers of the exam can sneak a correct answer choice A by you because it's not exactly what you're looking for, but your sense of urgency compels you to hastily cross out the "A" on your noteboard because you are anxious to move forward. By the time you "open up your strike zone," so to speak, with answer choices C-through-E, you've mentally eliminated "A" so emphatically that you won't allow yourself to return to it, and you end up taking a flier on a poor choice toward the bottom of the screen rather than returning to the answer choices you've already eliminated it.

Simply put, if you cannot definitively eliminate answer choice "A", don't cross it out until you've seen other answer choices to get a feel for what the answer choices contain. You may never find the "perfect" answer that you are anticipating, but once you have seen a couple of answers you will be better equipped to see the fatal flaws in the incorrect answers and judge each more fairly.

For more help on the GMAT, visit Veritas Prep.

Read More >>
Bookmark and Share

Thursday, December 18, 2008

Kellogg Mistakenly Sends Acceptance Letters to 50 Rejected Applicants

We wouldn't wish this twist of fortune on anyone: This week about 50 applicants to the Kellogg School of Management received an acceptance letter from the school, only to find out later that it was the result of a computer glitch, and that they in fact had been rejected.

The applicants each received an email message with an attached acceptance letter. Kellogg official blamed the mistake on a "technical glitch" that occurred in an automated mail-merge process. The Kellogg web site always had the correct information, which applicants could see when they logged onto the site to check their status.

Understandably, some applicants prematurely started to celebrate. The Chicago Tribune quoted one applicant who excitedly called his parents and enjoyed a celebratory dinner before learning the bad news on the web site. Kellogg is going to refund his and everyone else's $235 application fee, but of course that's small consolation.

Something tells us that Kellogg won't be doing any more mail merges any time soon...

For more information on applying to Kellogg, read about the 2008-2009 Kellogg admissions essays and application deadlines.

Read More >>
Bookmark and Share

Wednesday, December 17, 2008

Congratulations, Code Name Rain Man!

In a closely contested game aired on television last night, Veritas Prep GMAT Instructor George Yates won his initial contest on the popular game show Jeopardy!. Blending his knack for quick, accurate answers under pressure - the very same skills the propelled him to a 99th percentile GMAT score - with an impressive array of knowledge ranging from hard rock melody recognition to prominent literary heroes, George took the lead heading in to Final Jeopardy! and wagered (and answered) correctly to narrowly edge the returning champion.

A former fighter pilot and current flight simulator instructor, George earned the code name "Rain Man" while in the military with his broad knowledge base (and noted affection for Jeopardy!). He currently teaches Veritas Prep GMAT courses in Woodland Hills, California, and can be seen defending his Jeopardy! championship tonight (at 7pm on channel 7 in Southern California; check your local listings for the air time in your market).

Congratulations, George!

Read More >>
Bookmark and Share

Tuesday, December 16, 2008

Harvard Law School Snags Another Top Professor

Adding to a faculty that is becoming an embarrassment of riches, Harvard Law School has once again nabbed one of the nation's top legal scholars to come teach in Cambridge. Harvard recently named Lawrence Lessig to its faculty and announced that Lessig will run the Safra Foundation Center for Ethics.

This hire both continues a pattern of aggressive faculty hiring by dean Elena Kagan and also signifies an important wrinkle in that pattern, which is is that Harvard went after a Stanford professor in this instance. Harvard and Stanford have been dueling for some time now as both schools made recent announcements of new grading systems (to mirror those of Yale) and have been taking turns hiring away renowned professors from Yale, Chicago, and other top schools. But this time, one has hired away a monster name from the other.

Lessig has been at Stanford since 2000 and has become a powerhouse in both constitutional law as well as in the ever-evolving intellectual property space. For Harvard to land him now, on the heels of hiring Cass Sunstein away from Chicago, shows some serious resolve.

Harvard's ongoing makeover from a bureaucratic machine to a vibrant, student-centric educational community has been addressed before in this space and is nothing short of remarkable. And though this too has been stressed in previous posts, law school applicants simply can't ignore these types of stories. The faculty hires and departures of today are what impact and define tomorrow's educational experiences and the next day's job prospects. Harvard is winning the battle on all fronts.

For those interested in learning more about law school admissions trends, please visit our law school admissions events page for information on upcoming events.

Read More >>
Bookmark and Share

Monday, December 15, 2008

Our First Annual MBA Admissions Officer Survey Results

Last week we released the results of Veritas Prep's first annual survey of MBA admissions officers, to uncover what's happening in the field today and to help business school applicants anticipate future trends.

We enlisted the help of an independent third party to survey admissions officers at the top 30 business schools in the U.S. (as defined by BusinessWeek's ranking system). The survey ran in October and November, and covered more than half of the admissions officers at these MBA programs.

Some findings were surprising, while others confirmed what we have been telling our clients for years. Among the most interesting results:


  • The biggest challenges institutions face are attracting more, better-qualified candidates, and supporting cultural diversity in their student bodies. Among desired changes that admissions officers would like to see in their applicant pool, diversity ranks first (87%), while 57 percent of respondents would like to see a larger applicant pool at their institutions.

  • The number of international applicants to leading U.S. business schools has increased over the past five years. Ninety-four percent of responding admissions officers report a moderate to significant increase in international applicants during the last five admissions cycles.

  • The number of admits straight out of undergraduate studies is on the rise. Despite the fact that 63 percent of respondents say professional experience is the most important factor in student selection, almost half (47%) report that the number of admits straight out of college has significantly or moderately increased compared to five years ago.

  • Careless errors ranked as the top faux pas committed by students during the application process. Inconsistency between institutional choice and students' educational objectives and ambitions ranked second, and the inclusion of unrequested items and inappropriate interview conduct tie for the third most commonly witnessed application blunder.

  • Admissions officers view students that enlist the assistance of admissions consultants neutrally. While seven percent of respondents said that they view applicants who use admissions consultants positively, 80 percent view such students neutrally. In general, most admissions officers feel that admissions consultants help students identify the programs with which they fit best and clarify their career goals.

  • Admissions officers anticipate changes in the student application process in coming years. Most respondents believe the student application process will include more face-to-face or telephone interviews in the next five years (60%). While over half of admissions officers foresee the application process becoming less complex (53%), another forty percent predict the application process will become increasingly intricate in the coming years.

We especially found the learnings around diversity and the trend toward younger applicants to be most interesting. And while we were glad to see that nearly all MBA admissions officers view applicants who use admissions consultants neutrally or positively, we will continue to work to ensure that our clients get a great deal of value from their relationship with us -- but only in a 100% ethical way. As always, we will never write our applicants' essays or tell them what to say.

Visit Veritas Prep to learn more about how we can help you in the MBA admissions process.

Read More >>
Bookmark and Share

Friday, December 12, 2008

GMAT Tip of the Week

Approach Geometry Questions from the Right (tri)Angle

(This is one of a series of GMAT tips that we offer on our blog.)

As the writers of the GMAT create difficult quantitative questions, one favorite technique is to require test-takers to use skills that would not, on the surface, seem relevant. As examinees struggle to find a foothold on the question with the tools that seem more obvious by comparison, they lose time, make calculation errors, and suffer not only from an incorrect answer but also from a decreased level of confidence that carries on to future questions.

One such seemingly-irrelevant skill that appears on a majority of geometry-based questions is the right triangle, a shape for which you should train yourself to look whenever a geometry question appears. Every shape that the GMAT tests could contain a right triangle:

  • The area of a non-right triangle is created by taking a perpendicular line from the base to the angle opposite it; this process divides the original triangle in to two right triangles.
  • The diagonal of a square or rectangle is a right triangle.
  • The area of a parallelogram or trapezoid is found by taking a perpendicular line between the bases; doing so can create a right triangle.
  • Even in a circle, connecting the diameter to a point on the edge of the circle, using two chords to do so, will create a right triangle with the diameter as the hypotenuse.
  • In 3-D figures, the longest difference between two points on the item is always a hypotenuse of a right triangle that must be drawn in space.

By training yourself to look for opportunities to use your knowledge of right triangles, even if it doesn't appear to be the obvious skill to apply, you will save time and build confidence on most geometry-based questions.

For more help on the GMAT, take a look and see what Veritas Prep has to offer.

Read More >>
Bookmark and Share

Thursday, December 11, 2008

Dartmouth (Tuck) on MBA Admissions Interviews

Today Tuck's Associate Admissions Director, Karen Marks, wrote a post on the Tuck blog about how the admissions office handles MBA admissions interviews. Her post says a lot about how the schools views applicants and how interviews fit into the overall Tuck admissions process.

Unlike many other top business schools, the Tuck School of Business has an open interview policy, meaning that any applicant can schedule an interview rather than waiting for an invitation from the admissions office. Tuck really looks at whether or not you schedule an interview (and make the trip to New Hampshire) as a strong indicator of your interest in the school. Marks explains that you are by no means ruining your chances of admissions by not scheduling an interview and visiting the campus, especially if you face circumstances that would make the trip difficult (e.g., you live far away, have tight finances, or have other obligations that prevent you from traveling). However, if you're serious about Tuck, know that the most powerful way to show this is by visiting the campus and conducting an on-campus interview.

Regarding interview format, there's a good chance you will be interviewed by a second-year student. Marks makes a point of emphasizing that these interviews carry just as much weight as those conducted by Tuck admissions officers. And meeting a second-year student gives you a great chance to further get a feel for how well you'll fit with the Tuck culture.

Finally, Marks attempts to put an end to anxiety that domestic applicants feel over whether or not they get invited to interview by the Tuck admissions office. She sums up it all up by saying:

The bottom line is that it is definitely a positive sign if we invite you interview, in that it indicates our desire to learn more about you, but don't read too much into it if we don't extend an invitation. Most domestic candidates schedule their own visits, and we are unlikely to prompt you to do so.

So, don't stress over whether or not you're invited to interview with Tuck. But, if you follow their (and our) advice and schedule your own interview with the school, then this should be a moot point!

If you're preparing for your interview with Tuck or any other top business school, Veritas Prep's MBA admissions interview preparation service can help you maximize your chances of success.

Read More >>
Bookmark and Share

Wednesday, December 10, 2008

Free Law School Admissions Webinar - Dec. 15

This Monday, Dec. 15, Adam Hoff will host an online law school admissions seminar for those who are considering applying to law school this year.

Adam, who is Veritas Prep's Director of Law School Admissions Consulting, is a law school admissions expert, former admissions officer, and University of Chicago Law School graduate. He will discuss:

  • Admissions trends for the 2008-2009 application season

  • What law school admissions officers look for in an application

  • The increasingly popular JD/MBA dual degree program

  • Strategies for dealing with rising applicant numbers

  • What to do if you're waitlisted by your dream school

  • Q&A and general discussion

This free online event will run this coming Monday, Dec. 15., from 4:00 PM to 5:30 PM PST. All you need to need to access it is a PC or Mac with an Internet connection and sound capabilities.

Register for our online law school admissions seminar here!

Read More >>
Bookmark and Share

Tuesday, December 9, 2008

Top Ten Common MBA Application Mistakes from Stanford GSB

Last week LaNeika Ward, Acting Assistant Director of MBA Admissions at Stanford GSB, posted the top ten most common mistakes that the admissions committee finds in applications.

Some of them are pretty amazing (e.g., "Enter your name correctly"), but smart people do indeed make mistakes! Other mistakes are very important things that can be easily forgotten while cramming to complete your applications, such as failing to provide a good reason for leaving any of your previous jobs.

Other than these standout mistakes, several interesting things emerge from this list:


  • When discussing experiences, Stanford wants you to only focus on the past three years. In other words, it's great if you were president of your fraternity in college, but the Stanford admissions committee puts much more emphasis on what you've done more recently.


  • The admissions committee asks that you explain any period of four months or more when you were not in school or working. I actually find it interesting that they're not interested in ALL such periods. Perhaps they understand that some fresh college graduates may take some time to land on their feet and get their first job.


  • Ward makes a point of making sure that your letter of recommendation from a peer truly comes from a peer, not a supervisor whom you consider to be a friend.


  • Note the reference to the "application verification process over the summer," which should serve as a clear warning against pulling any shenanigans in your application. Stick to the truth!


All in all, some good advice that applies to any MBA application. But the above points are interesting because they especially shed light on what Stanford GSB looks for in its business school applicants.

For more advice on applying to business school, read about the MBA application process at Veritas Prep.

Read More >>
Bookmark and Share

Monday, December 8, 2008

Yale SOM Applications Rise 4% in Round One

Take Yale Daily news reported on Thursday that Round One applications to Yale SOM increased by 4% vs. Round One last year.

According to Yale SOM Director of Admissions Bruce DelMonico, the school received 928 applications by its October deadline, compared to 894 received in October, 2007. That puts Yale on pace to pace to receive more than 3,000 applications in the 2008-2009 MBA admissions season.

On top of the growing numbers, DelMonino also reports that the admissions office is "seeing not only greater numbers, but also greater quality." As one indicator of this quality, the average GMAT score of Yale's Round One applicants was 698, two points higher than last year's average.

Yale SOM's Round 1 pool also included 78 applicants from The Consortium for Graduate Study in Management, reflecting the results of a push by the school to attarct more minority candidates. And while Yale has actually been shrinking its class size recently, the school has publicly stated that it may take on a few more students to increase tuition revenues to offset declining returns from Yale's endowment. DelMonico expects next year's class to have up to 200 students, up from 193 students this year.

For more information on applying to Yale, visit the Veritas Prep Yale SOM information page. And if you're working Yale essays now, see Veritas Prep's sample MBA essays.

Read More >>
Bookmark and Share

Friday, December 5, 2008

GMAT Tip of the Week

Factoring - A Crucial Factor

(This is one of a series of GMAT tips that we offer on our blog.)

The quantitative section of the GMAT has been fascinating to follow as it has evolved; with the need to create a more difficult section that remains consistent with its goals, the GMAT authors - who are concerned much more with your analytical ability than your propensity for 'crunching numbers" - have begun to emphasize "number theory" to a large extent.

To avoid losing time on tedious calculations - a common "bait" technique that the GMAT employs regularly - and to confidently answer correctly and efficiently, you can employ factoring techniques to test answer choices for properties that you know must be contained in the correct answer. In other words, if you can prove that a correct answer, for example, must be divisible by 3, you are not simply guessing if you eliminate all of the answer choices that are not.

A few of the quick-checks you can perform to efficiently eliminate incorrect answer choices are:

  • Numbers must be even (or divisible by 2) - must end in 0, 2, 4, 6, or 8
  • Numbers must be odd (not divisible by 2) - must end in 1, 3, 5, 7, or 9
  • Numbers must be divisible by 3 - the sum of the digits in the number is a multiple of 3
  • Numbers must be divisible by 5 - must end in 0 or 5
  • Numbers must be divisible by 6 - an even number that is divisible by 3 (**this is a favorite, as it doesn't appear to have an easy check, but is actually the combination of two easy checks, as a number divisible by 6 must be divisible by 2 and 3)
  • Numbers must be divisible by 9 - the sum of the digits is a multiple of 9
  • Numbers must be divisible by 10 - must end in 0

Ask yourself whether you can solve problems simply by using factorization number theory and you will undoubtedly save time over the course of the exam.

For more GMAT practice, try our free practice test and get access to lots of free GMAT practice questions. If you are getting ready to take the exam, register for a Veritas Prep GMAT preparation course.

Read More >>
Bookmark and Share

Thursday, December 4, 2008

The Exodus Continues at Chicago Law

One of the most underrated tools for monitoring and projecting law school rankings is to track the migration patterns of the country's most prominent legal scholars. An influx of elite law school professors is sure to impact a program in ways both subtle and obvious. It can swing a candidate's decision about where to attend (typically unlikely) but more importantly, it will certainly affect the all-important "peer evaluation" component of the U.S. News rankings. The flipside is true as well - when a school starts to lose its most highly regarded faculty members, it is certainly going to generate some negative results.

That's why the University of Chicago has to be pretty bummed right now.

Richard Epstein - prominent legal scholar, prolific writer, king of market theory, and larger than life character - is leaving Chicago for NYU. This comes on the heels of Cass Sunstein (another legal giant) setting sail for Harvard earlier this year. And while Chicago has been effective at bringing in some entry level talent (Lior Strahilevitz and M. Todd Henderson, in particular), this is sure to affect the perception of other law school deans.

NYU, of course, gets a bump for the Epstein add, and their students are sure to enjoy the antics of one of the more interesting classroom forces alive. However, the larger impact of faculty hiring tends to center on cumulative trends. Harvard and Stanford remain the big gainers on this front, while Chicago now joins Yale as one of the schools in jeopardy of suffering a systemic blow due to hiring patterns.

Something to keep an eye on for sure, as anything that moves the needle in the rankings department is sure to eventually effect degree prestige, employment trends, admissions prospects, and everything else that JDs truly care about.

For more advice about law school admissions, visit Veritas Prep.

Read More >>
Bookmark and Share

Wednesday, December 3, 2008

Try Sample AWA Essays and Get Paid

For a limited time, the Graduate Management Admission Council will pay you $30 to try out new sample Analytical Writing Assessment (AWA) questions.

According to an announcement to registered users of MBA.com:

Participation requires approximately 60 minutes during which you will write two essays online. You may complete these two essays when you register online or at any time within seven (7) days of registration. You can participate from any computer with Internet access and a Web browser comparable to Microsoft’s Internet Explorer. Participation is on a first-come, first-served basis and is limited to U.S. citizens.

You can register to take the sample AWA exam here. The test makers are only looking for a limited number of participants, so registrations may close quickly!

If you want more practice with sample GMAT questions, try our free sample GMAT exam.

Read More >>
Bookmark and Share

Tuesday, December 2, 2008

Only Three Days Left to Register for MBA Admissions Blueprint!

Just a quick heads up to everyone to let you know that there are only three days left to register for MBA Admissions Blueprint and meet one-on-one with a Veritas Prep admissions expert this weekend in New York!

Chad Troutwine, one of Veritas Prep's co-founders, will be at NYU to meet with you and discuss the two questions that we most often hear these days: how the current economic client has affected the MBA admissions process this year, and what you can do to get into a top business school in what is shaping up to be the most competitive year yet.

On Saturday Chad will discuss Veritas Prep's MBA admissions philosophy and what you can do now to significantly improve your chances of success, no matter where you are in the application process. He will review in detail our proven MBA Game Plan methodology and how you can use it to your advantage even if you feel you are facing an uphill battle.

Then, on Sunday you will meet one-on-one for an hour with one of Veritas Prep's best admissions experts. You can use this time however you like: to get a candid assessment of your candidacy, to formulate an overall application strategy, or to get some professional help in polishing your essays. And don't worry if you don't know how to use this hour -- you will be in good hands with your admissions expert, who will coach you from start to finish.

Registration costs only $250 -- that's what it normally costs to work with a Veritas Prep admissions consultant for one hour -- and includes the session with Chad Troutwine as well as your one-on-one meeting with an admissions expert.

Hurry... Registration ends Friday!

Read More >>
Bookmark and Share

Monday, December 1, 2008

Stanford GSB Announces Social Innovation Fellowship Pilot Program

Last week the Stanford GSB's Center for Social Innovation announced the Social Innovation Fellowship Pilot Program to support social entrepreneurs.

The Fellowship was created for graduating Stanford MBAs who are ready to spend their first year after business school building a nonprofit venture. Starting this coming spring, a handful of second-year students will be selected to receive a stipend for the following year as well as access to the Center's wide range of resources.

All second-year Stanford MBA students in good academic standing are eligible, and teams of two led by a Stanford MBA are also eligible (i.e,. teams can include non-Stanford members).

If you're interested, learn more in this Q&A on the Stanford GSB admissions blog. And for more advice on applying to Stanford, visit the Veritas Prep Stanford GSB information page.

Read More >>
Bookmark and Share

Friday, November 28, 2008

Veritas Prep Featured in BusinessWeek

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.

While there's no one-size-fits all plan for a future applicant, and not many people necessarily know five years out that they'll one day apply to business school, Francesca Di Meglio nicely sums up what a future business school applicant should have done by the end of year one. According to the article, by this time you should have:


  • Begun developing your skill set

  • Found a few mentors who have given you a better idea about the jobs you might like to do in the future

  • Found a way to translate your passions into a couple of activities in which you'd really liked to get involved

  • Decided how you can make an impact at the office and in those extracurricular activities and start implementing a plan of action to do just that

  • Kept your mind on business by reading relevant books and articles

  • Made a decision about when you'd like to take the GMAT

  • Started building a satisfying, well-rounded life and career


You can read the entire article at BusinessWeek. If you would like more advice on the MBA application process and you live in the New York area, there's just one week left to register for MBA Admissions Blueprint and meet one-on-one with a Veritas Prep admissions expert on Dec. 6 and 7!

Read More >>
Bookmark and Share

GMAT Tip of the Week

(This is one of a series of GMAT tips that we offer on our blog.)

Happy Thanksgiving! Today marks, hopefully, at least for the economy's sake, the busiest shopping day of the year in the United States, complete with hectic parking lots, long lines, and potentially-significant savings. In fact, it's a lot like your GMAT test date will be - stressful and frantic with the hope of a big payoff...but also with the potential to waste a lot of time and energy for naught.

On test day you'll have multiple opportunities to waste your time where there is a decreasing potential return on certain questions, just as you may find this morning that you can wait in line for hours for a "Doorbuster Special" only to find that the fine print "while supplies last" caveat was met long before you reached the front.

Timing on the GMAT can be crucial, so let your internal clock conscience help you realize when to cut a failing investment of time. Perhaps the easiest clock management error one can make is to sink 5-6 minutes in to an incorrect answer, only to realize by the next question that the ticking clock is now a major factor for the rest of the exam. To combat this, once your conscience kicks in to tell you that "you've spent a long time on this question", mentally fast-forward approximately 30 seconds. In that time, do you see yourself solving the problem or arriving at a correct answer? Or do you think that you could give yourself twice that time and still be unsure of where you stand?

If it's the former, even if you've already invested too much time, finish the question and know that you're at least investing that time in a correct answer to a probably-difficult problem. If you're that close to a correct answer, don't cut your losses...you can still win! If it's the latter, know that an educated guess at that point is still a 33 or 50% chance of a correct answer, and that the next question should be well within your reach if you've saved enough time to work through it.

Overall, to achieve a proper personal pacing strategy, you should plan to take several practice tests. At the very least, know that you can afford to sink some time in to questions you'll ultimately answer correctly, but that you can't lose time on questions that you just won't get.

Read More >>
Bookmark and Share

Tuesday, November 25, 2008

Last Chance for Round 2 GMAT Course

As you have read on this blog and elsewhere, including the Wall Street Journal, the pool of MBA applicants for the second round deadlines is growing rapidly. With the majority of deadlines set for early January, you may be among the candidates who find themselves without a GMAT score (or at least a competitive GMAT score) in the last month before applications are due.

Because of the late-breaking nature of this year's applicant pool, fueled by the increasingly-tenuous economy and, more optimistically, the potential to contribute to a new economic model in the forthcoming recovery years, Veritas Prep has announced a "Last Chance for Round 2" weekend GMAT course set to take place in New York City from December 13-14 and 20-21. More information is available at http://www.veritasprep.com/gmat/New-York-City/weekend-course/.

While you're welcome to enroll in this course on its own, you can also register for it along with MBA Admissions Blueprint, our two-day admissions event in New York City on December 6 and 7. For just $250 (the normal cost to work with a Veritas prep admissions consultant for one hour), you can attend a session on Saturday to learn what the recent economic news means for you and how to maximize your chances of success using our proven admissions strategy. Then, on Sunday, you'll meet one-on-one with a Veritas Prep admissions consultant for an hour. And, if you register for MBA Admissions Blueprint, you can apply the cost of the event to your Weekend GMAT Course.

Stay tuned to this blog for additional information regarding this competitive admissions season throughout the just-over-a-month between now and the second round deadlines. Best of luck with your applications!

Read More >>
Bookmark and Share

Monday, November 24, 2008

Announcing Veritas Prep's JD/MBA Admissions Consulting

We are pleased to announce the latest offering to Veritas Prep's many admissions consulting options: JD/MBA Admissions consulting.

The choice of whether to pursue a law degree or an MBA has always featured a certain amount of crossover and the convergence of those two professional degrees has become even more of a nexus point this fall in light of the current economic climate. For many, the choice has become both, rather than one or the other. Given the rise in popularity of the JD/MBA, it makes sense that a company like Veritas Prep become the industry expert on the subject.

With its team of hundreds of expert business school and law school admissions consultants representing the most comprehensive possible approach to MBA and JD admissions, Veritas Prep has created another start-to-finish process that helps candidates determine whether the JD/MBA is right for them and then assists them in crafting the best possible applications to the nation's elite joint degree programs.

The hallmarks of Veritas Prep are expertise and level of care. Each of these attributes are on full display here as clients are paired with an expert law school admissions consultant and an MBA admissions specialist from the program of their choosing. The level of specificity provided by our "school specific" pairing model enables the client and consultant to work with unrivaled focus, strategy, and thoroughness.

If you're interested in general law school admissions or business school admissions consulting, visit our web site to learn more!

Read More >>
Bookmark and Share

Friday, November 21, 2008

GMAT Tip of the Week

(This is one of a series of GMAT tips that we offer on our blog.)

Think Like the GMAT Testmaker

The GMAT is a difficult exam; there's simply no way around that fact. Knowing why it is difficult, however, will help you to better plan for it, and a fantastic way to gain that knowledge is to put yourself in the position of the writers of the exam.

As any GMAT examinee knows, Data Sufficiency questions can often be tricky or confusing simply because of the unique format of the question. It is rare, if it occurs at all, that you encounter situations in which you are not asked to solve a problem, but are asked if the tools provided would be sufficient to do so (however, as a manager, you'll be asked this question quite a bit - what resources will you need to complete this project in a cost-effective manner?).

To gain experience with the tricks and traps that the format allows the writers of the exam to employ, try writing a few questions of your own with the intent of 'tricking and trapping' your friends. In order to do so, you will need to anticipate the mistakes that someone could easily make - and those are the mistakes that could trip you up, too. Does it seem as though someone could forget about the exception to the rule that you 'hid' in statement 1? Does statement 2 supply that one missing piece of information that was omitted from statement 1, baiting someone to select "B", even though statement 2 is clearly insufficient on its own? Laying these traps for someone else is a great way to become more aware of them for yourself.

Note that you can craft questions in this format even without using mathematical concepts to do so. Here's an example:

Question: Name this U.S. President.

(1) He has the same first name as his father.

(2) His presidency began after the American Civil War.

Answer: Many would be tempted to select (C), narrowing the choices down to John Quincy Adams and George W. Bush, then eliminating Adams with statement 2. However, doing so would assume that the father mentioned in statement 1 was also a President, which is not explicitly stated. Actually, the answer must be (E), as both George W. Bush and William McKinley, for example, had the same names as their fathers - McKinley's father was not a President, but that wasn't required by this question, even though some may have assumed it.

That assumption error is akin to a GMAT examinee assuming that a value must be an integer, or must be a positive number. By writing trivia questions designed to capitalize on potential errors, you can become more attuned to the mistakes that you may make on test day.

If you would like more GMAT help, take a look at the GMAT prep resources on our web site, and take a free practice GMAT exam.

Read More >>
Bookmark and Share

Thursday, November 20, 2008

Announcing MBA Admissions Blueprint 2009

Due to overwhelming demand for our admissions consulting services in the New York area, next month Veritas Prep will run its first annual MBA Admissions Blueprint event, on December 6 and 7, at NYU's Kimmel Center in New York City. This event will bring together some of Veritas Prep's most experienced admissions experts to help you quickly improve your business school applications.

If you plan on applying to business school this year, MBA Admissions Blueprint 2009 will help you jump start your application and significantly boost your chances of success. This year's economic news means that this is shaping up to be the most competitive year in MBA admissions yet, especially for people coming from the financial services sector. This event will help you quickly get up to speed on what admissions officers look for in the perfect applicant -- and how to stand out from a crowded field of applicants who all have a background similar to yours.

Especially if you only recently have decided to apply -- and we know that's the case for many of our clients, who have unfortunately lost their jobs or seen their job prospects deteriorate because of the economy -- this event will help you get up to speed on your application in just one weekend.

MBA Admissions Blueprint 2009 will also give you a chance to meet one-on-one with a Veritas Prep admissions expert. You can use this hour however you'd like -- to get a feel for your chances, formulate an application strategy, give your essays a thorough review, or prepare for an upcoming MBA admissions interview.

For $250 you will attend the Saturday admissions workshop as well as an hour with a Veritas Prep admissions expert on Sunday -- all for the price of what applicants normally to work with one of our consultants for just one hour.

Enrollment is limited to the first 50 people who respond. Register here!

Read More >>
Bookmark and Share

MBA Admissions Interview Tips

Since many top MBA programs have started to release interview invitations for Round One, we thought it would be a good time to review some basic principles for how to effectively approach your MBA admissions interview:

In your interview, you want to come across as personable, confident, interested, interesting, and sincere. For everyone one of these descriptors, think of the opposite. No one would want to be surrounded by arrogant, tentative, indifferent, dull, or phony people. In short, you want to convey that you are who you said you are in your application, and you want to show the interviewer that you're someone who would make a great classmate in business school. Yes, this may seem daunting, given the application themes that you already want to communicate. Most of these personality traits, though, should come through if you can relax and simply be yourself.

For the most part, your interviewer will set the tone of the discussion. As described earlier, some will be laid back and interested in getting to know you personally, while others will want to drill down on specific parts of your resume or application. Obviously, how serious or informal you are will largely depend on the person across from you. Your job is to make adjustments accordingly, and to answer the questions that they ask. But you must make sure that by the end of the interview you have covered the main themes that you came in with. For instance, you may have a laid-back, "get to know you" kind of interviewer who doesn't ask you the kinds of pointed questions that would allow you to talk about your strengths. If this is the case, it's perfectly appropriate to say, "By the way, there are a couple of things that I think make me a good fit for this school. I'd like to talk about them and hear your thoughts," before the interview is over. You don't want to be too transparent, but all but the most inept interviewers will appreciate the fact that there are certain ideas that you’re trying to get across before the discussion is over.

If you have a stone-faced interviewer who won't laugh at your jokes, don't press the matter. Act professionally, answer the questions that are asked, and make sure to hit your main themes. In a way, these interviews can sometimes be easier because the interviewer's business-like questions will more likely give you a chance to strut your stuff. If you have a downright hostile interviewer (which happens from time to time), don't let yourself get flustered or goaded into an argument. Relax, think of it as the interviewer's half-baked way of testing your mettle, and answer the questions as they come. Don't be argumentative, but don't be afraid to be assertive, either. A hostile interviewer may be looking for poise and confidence more than anything else, so make sure to demonstrate these.

These tips have been adapted with permission from Your MBA Game Plan, the leading guide on MBA admissions strategy. For more hands-on help with your interviews, take a a look at Veritas Prep's business school admissions interview preparation services.

Read More >>
Bookmark and Share

Tuesday, November 18, 2008

GMAC's New MBA Alumni Survey Results

According to the results of a new survey published by the Graduate Management Admission Council, most business school grads agree that an MBA is well worth the investment.

In the 2008 MBA Alumni Perspectives Survey, nine out of 10 grads from the Class of 2008 reports that their graduate business education met or exceeded their expectations. Additionally, 80% of MBA grads in the workforce believe that they couldn't have obtained their first job without their degree.

Even more encouraging are the numbers regarding job satisfaction. According to the survey, two out of three alumni reported that their first job was the one they wanted, which actually represented a rise in job satisfaction vs. previous years.

Another point of interest was the average number of job offers that each Class of 2008 grad received -- 2.7 job offers per person. Unfortunately, this number will likely trend down as the economy suffers, but the survey overall confirms the value of an MBA, regardless of whether a grad receives one, two, or ten job offers.

If you're applying to business school this year, be sure to check out the Veritas Prep MBA admissions resources page.

Read More >>
Bookmark and Share

Friday, November 14, 2008

GMAT Tip of the Week

(This is one of a series of GMAT tips that we offer on our blog.)

Variability Equals Flexibility

Often times, examinees become confused when quantitative problems use large or seemingly-abstract numbers, such as 12!, 2^17, or multi-item expressions, such as 3^(x-2). The more convoluted a value might seem, the easier it is to grow frustrated, lose focus, or simply consider the problem to be too difficult.

Naturally, those reactions to such numbers are precisely the reason why the GMAT includes them - distracted, intimidated, and defeated examinees tend to miss questions and earn lower scores, which in turn allows the exam to maintain its difficulty level.

Keep in mind, though, that the exam will not typically require extensive calculations or the processing of large numbers. To avoid becoming discouraged simply because of the size and scope of the values or expressions you face, consider creating a variable as a placeholder for that term so that you can perform the calculations that surround it without the distraction of the intimidating term. Consider:

12! + 12!/2 +3(12!)/2

This item would look to be quite intimidating to calculate, and may lead to debate over whether any of the individual terms could be combined (does 12!/2 = 6! ... it does not, but the thought may present itself to a flustered test-taker). However, if you were to replace 12! with x, the calculation becomes much clearer:

x + x/2 + 3x/2 = x + 4x/2 = x + 2x = 3x

Accordingly, the value of the above expression is 3(12!), which should match much closer with the format of the correct answer choice, or provide an easier basis for calculation with the rest of the problem.

Please note that this variable substitution strategy would also work for verbal questions, as well - should a technical term like "protoplanetary" give you trouble when reading, you may want to simply abbreviate it mentally and call it "P". "The P theory states that..." is a lot easier to manage than "The protoplanetary theory states that...", and allows you to focus on what is important - that a particular theory is being defined in that statement.

Read More >>
Bookmark and Share

Thursday, November 13, 2008

BusinessWeek MBA Rankings for 2008

This just in! In an online chat, BusinessWeek has just revealed its 2008 business school rankings. Without further ado, here are the top 25 U.S. MBA programs for 2008:

1. Chicago (Booth)
2. Harvard Business School
3. Northwestern (Kellogg)
4. Penn (Wharton)
5. Michigan (Ross)
6. Stanford
7. Columbia
8. Duke (Fuqua)
9. MIT (Sloan)
10. UC Berkeley (Haas)
11. Cornell (Johnson)
12. Dartmouth (Tuck)
13. NYU (Stern)
14. UCLA (Anderson)
15. Indiana (Kelley)
16. Virginia (Darden)
17. UNC (Kenan-Flagler)
18. Southern Methodist (Cox)
19. Carnegie Mellon (Tepper)
20. Notre Dame(Mendoza)
21. UT Austin (McCombs)
22. BYU (Marriott)
23. Emory (Goizueta)
24. Yale
25. USC (Marshall)

And here are the top ten MBA programs outside of the United States:

1. Queen's School of Business
2. IE Business School
3. INSEAD
4. Western Ontario (Ivey)
5. London Business School
6. ESADE
7. IMD
8. Toronto (Rotman)
9. IESE
10. Oxford (Said)

U.S. News and BusinessWeek vie for the title of most closely watched business schools rankings. While it's debatable as to whether the BusinessWeek MBA ranking system or the U.S. News ranking system is more valid, the fact that BW's rankings only come out every two years always makes this announcement a little extra exciting. To its credit, BusinessWeek does a good job of building up the drama with its online chat format for announcing their business school rankings.

For more help with the business school application process, take a look at Veritas Prep's MBA admissions consulting services. Also, for more updates on school rankings, be sure to follow Veritas Prep on Twitter.

Read More >>
Bookmark and Share

The Day the LSAT Died?

On November 7, the American Bar Association Journal posted an entry about a very interesting study being conducted at the UC-Berkeley School of Law. According to the ABA post, the study is being conducted by "researchers" and has unearthed tests that measure legal skills such as negotiation and problem solving (in addition to the rather ridiculous "skill" of stress management). The biggest news of all? Berkeley's law school dean, Christopher Edley has announced that two professors have validated the test and is now pushing to take the study to a national level. The Law School Admission Council (LSAC) is taking a look and plans to help fund the research. Amazing!

Setting aside whether the LSAT is a valid test, or whether any test can (or should) assess "lawyering skills" (rather than the skills that would project well for law school success, which I don't have to remind anyone, is a staging ground for more than just lawyers), it seems impossible that LSAC would ever throw its support behind any test other than its prized LSAT.

It is commendable that Edley and the good people at Berkeley are striving for a better test and the fairest possible assessment process, and I suppose that November 7 could go down as the day that the LSAT died, but we'll believe it when we see it.

In the meantime, if you're applying to law school, take a look at Veritas Prep's law school application tips.

Read More >>
Bookmark and Share

Wednesday, November 12, 2008

Harvard's Endowment May Face Losses

In another sign of economic stress, Harvard has announced that its $36.9 billion endowment may face "unprecedented" losses in the coming year.

While a Harvard spokeperson declined to comment specifically on how the anticipated losses would affect university operations, the university has confirmed that it will continue to offer free tuition to students whose families earn less than $60,000 a year, and offer reduced tuition to families with annual incomes of as much as $180,000.

Other Ivy League schools are taking additional steps to mitigate students' pain: Princeton will make more financial aid funds available to students, and Brown will relax rules barring students with unpaid tuition balances from registering for classes. Given the size of Harvard's endowment, even if it faces losses this year, we wouldn't be surprised to see the school take similar steps to protect its students.

If you're applying to graduate school this year, the bottom line is that top schools don't want to have to turn away anyone because of fianances, even in this economy. Don't be afraid to pick up the phone and have a frank conversation with the financial aid office at your target school. Chances are that they want to work with you to help you make it work.

For more information on Harvard, visit the Veritas Prep HBS information page and read about the HBS 2+2 Program.

Read More >>
Bookmark and Share

Friday, November 7, 2008

GSB is Now the University of Chicago Booth School of Business (and for good reason!)

The University of Chicago announced yesterday that David Booth (in conjunction with his wife and family) has donated $300 million to the Graduate School of Business. Considering this is the largest donation in the history of the university and three times bigger than the previous business school donation ($105 million from Nike's Phil Knight to the Stanford Graduate School of Business, it comes as no surprise that the university will be renaming its business school the University of Chicago Booth School of Business.

This obviously comes as great news to all of the Booth School of Business (has a decent ring to it) student, past, present, and future. Fresh off of completion of a brand new building (which, rest assured, is the envy of all other U of Chicago graduate students), Chicago's business school is poised to continue moving forward by offering state-of-the-art facilities and innovative programs.

Chicago's business school is still not for everyone, given its focus on hard finance and quantitative skills, but future MBA applicants would not be unwise to trust in the words uttered by Deep Throat to Bob Woodward in All the President's Men and "follow the money." Something tells me $300 million will tend to make a difference.

For more advice on applying to the Booth School of Business, visit the University of Chicago information page at Veritas Prep.

Read More >>
Bookmark and Share

Wednesday, November 5, 2008

HBS on International Student Loans

Amid all of the grim news lately regarding the availability of student loans, Dee Leopold posted an update on the HBS admissions blog to let international applicants know that they will still have access to need-based loans without a U.S.-based cosigner.

Writes Leopold:

While at this time we do not have further details about specific loan programs with private lenders, we are able to make this important - and reassuring - statement about continued accessibility.

She went on to say that all students will still be eligible for HBS fellowships, which don't need to be repaid. The average need-based fellowship is about $25,000 per year, making them critical in keeping down HBS students' total costs.

If you're applying to Harvard, visit the Veritas Prep HBS information page for more application advice and resources.

Read More >>
Bookmark and Share

Monday, November 3, 2008

Veritas Prep Quoted in CFO.com Article

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.

In what is becoming a common occurrence, Veritas Prep's Scott Shrum was featured prominently in the article, weighing in with several key application tips.

On highlighting work experience:

In both their résumé and personal essay, applicants should play up their work experience, especially any management experience or exposure to research, according to Scott Shrum, director of admission consulting research for Veritas Prep, a GMAT-preparation and MBA-admissions consulting firm.


On application weaknesses:

In the essay, applicants should articulate the value they put on an MBA, but they should also admit what skills they lack and how those gaps are limiting their career development. "They want someone with limitless potential but who is also raw in some areas," Shrum says. "They want you say that you're open to being transformed, and you want a program that will help you open your eyes to what you don't know."


On choosing the best authors for you letters of recommendation:

Letters of recommendation are also important. It's vital to tailor each letter to the specific MBA program, says Shrum. Many applicants automatically seek references from very well-known or high-ranking people in their departments, like the CFO. "Then what you get is a boilerplate response with very little information about you, and schools see right through that," says Shrum. "An admissions person would always prefer to hear from your direct manager with specific examples."


On prepping the people who will write those recommendations:

Shrum also recommends coaching letter-writers by giving them a list of examples of when you've excelled or overcome specific challenges. "Even though your recommenders may think highly of you," he says, "they may not know how to write a good letter of recommendation. There's no harm in helping or coaching them through it."


You can read the whole article here. And for more advice on mba admissions, visit Veritas Prep.

Read More >>
Bookmark and Share

Friday, October 31, 2008

GMAT Tip of the Week

(This is one of a series of GMAT tips that we offer on our blog.)

The Shortest Distance Between Two Points...

With all of the financial happenings in New York City recently, you may not have noticed, but it's New York City Marathon weekend (as a blogger and not a journalist, I don't believe I'm obligated to include the sponsorship title "ING" as a prefix...my apologies to you marketing majors). It's also the 25th anniversary of one of the most notable NYC Marathons in history, in which Rod Dixon closed a 120-meter gap in the final miles simply by running smarter than his two seemingly-stronger competitors. While the leaders ran the "blue line" marking the course in the middle of the street, Dixon ran the tangent line to each curve, effectively closing that 120-meter gap by running nearly 100 fewer meters than his competitors.

What does that mean for you? On the GMAT, try to "run the tangents" by streamlining the amount of work you need to do. Most notably, this can be done in sentence correction questions by mentally eliminating descriptive language. If you train yourself to ignore adjectives, adverbs, and modifiers, such as this one, that are not part of an error, the up-t0-56-word sentences that appear on the exam will seem much shorter, and the errors contained in them will appear that much more obvious. The key to "speed reading" is to read smarter, not necessarily faster; look to isolate the subject-verb portions of the sentence and filter out description, and you will watch your accuracy and speed increase together.

Read More >>
Bookmark and Share

Thursday, October 30, 2008

HBS on Late Letters of Recommendation

Earlier this week Dee Leopold wrote a post on the HBS admissions blog describing how the admissions committee handles late letters of recommendation. Here is an excerpt:

If an application has two submitted recommendations, we send it out for review by the Admissions Board in the round in which the application arrived. If the third recommendation comes in, we make every attempt to add it to the file. Since the file can be in any number of places and we can't stop the reading flow, we can't promise that the recommendation will be added before review is complete.

Applications with only one submitted recommendation are held up for the next round.


We know that letters of recommendation can be the most frustrating part of the MBA application process, since you have less control over them than any other part of the application. Even with careful planning and preparation, you may find that your recommendation writers simply don't (or can't) make enough time to write personal, passionate letters that support your candidacy.

The best thing to do, of course, is to start the process early enough that your recommendation writers have plenty of lead time, and to build in some buffer time in case anything goes wrong. But, if you're stressed because your recommendation writers are running late, just know that HBS and other schools will not use it as a reason to ding you immediately. They know that coordinating recommendation writers can be like herding cats. The best prepared applicants will have their ducks in a row (I'm running out of expressions that use animals), but the world will not end if one of your recommendation writers is running late. Timing is critical, but quality always trumps everything else.

Like everything else in the application processm, preparation is key. If you're looking for more guidance, our MBA admissions consultants can help you properly prepare the people who will writer your letters of recommendation.

Read More >>
Bookmark and Share

Wednesday, October 29, 2008

Addenda Advice (from U Chicago Law)

The University of Chicago Law School's increasingly helpful blog A Day in the Life has posted a particularly interesting bit of advice regarding addenda and supporting materials in the application process.

There is a great deal of confusion in the law school community as to whether addenda items are allowed as part of the application. Some schools welcome them while others forbid their inclusion and will refuse to review anything outside of the required components.

So whenever a law school comes out and makes a clear statement on this issue, it is extremely helpful. Here, Chicago is stating that addenda items are allowable and seem to actually be encouraged as a device to explain inconsistencies or weaknesses. The value of this stance should not be overlooked.

For starters, having the opportunity to mitigate a weakness outside of your personal statement preserves valuable space to tell a positive story in your application. Minor weaknesses are often best left alone and major weaknesses demand a forward approach, so there is almost no downside to being frank and forthright in a separate document. Again, even though addressing the issue in addenda calls more attention to the weakness in question, that isn't a problem since the issue in question will stand out regardless (otherwise you wouldn't be writing about it). Dealing with the negative factor (examples could include a wide gap in LSAT scores or low letter grades from an exchange program that was pass/fail for your program) on its own allows you to address it, move on, and deal explicitly with your strengths in the actual personal statement.

Additionally, it is helpful to note that Chicago Law is open to the idea of addenda because it may serve as a way to update your application should something eventful transpire during the review process. Addenda items are often a great waitlist tool and knowing that a school is open to the instrument allows you to position yourself aggressively should you land on the waitlist.

Chicago's stance should not be assumed at other programs, but it provides clarity on that particular application and it establishes a baseline of inquiry at other schools. The most important thing is to discover how each program handles this component of the application process so that you can maximize every available resource in telling your story.

Read More >>
Bookmark and Share

Tuesday, October 28, 2008

In the Media: The GMAT vs. GRE Question

Inside Higher Ed's Scott Jaschik just wrote a story about the Educational Testing Service's push to replace the GMAT with its own GRE exam as the standardized test for business school admissions, and he turned to our own Chad Troutwine for his take on this budding competition:

Chad Troutwine, CEO and co-founder of Veritas Prep, a high-end test-prep service for the GMAT, said that the the news from ETS could be significant. Troutwine said that ETS has faced "two big liabilities" in trying to promote the GRE. One has been a fear that minority test takers do not perform as well as white students — something that is expected to change with next year’s addition of the non-cognitive tests. The second problem was the lack of "hard data that the GRE was as predictive as the GMAT," Troutwine said.

If the ETS data stand up, he said, many business schools are likely to be "agnostic" on the two tests, seeing the flexibility as a "costless way" to attract more applicants. "The tests are very similar," he said. "This could be very big news."

At the same time, Troutwine said that the key question is whether business schools accept the ETS comparisons as valid: "Will the business schools accept that calibration? It’s one thing for ETS to say that a score on the GRE equates to a score on the GMAT, but will the business schools accept that in the same way ETS does?"


Click here to read the whole story. While the number of business schools that accept the GRE is a drop in the bucket compared to the number of schools that require the GMAT today, ETS is sure to keep pushing to sign up more schools. Even if the GRE never catches up to the GMAT, this push could ultimately force the Graduate Management Admission Council to respond in some way.

Speaking of the GMAT, if you're preparing for the test now, try our free practice GMAT test.

Read More >>
Bookmark and Share

Monday, October 27, 2008

This Year's Job Prospects for MBAs

A recent article in Time described the worsening job prospects for business school students in light of the economic downturn. At schools that just a year ago were begging their students to honor their job interview commitments, some second-year students are now worried if they'll receive any job offers by the time they graduate next spring.

Heads of career services offices at many top schools all describe the same attitude among employers: "Wait and see." Many companies have instituted headcount freezes, and even at ones that haven't, hiring managers are being given fewer offers to make. Today they're much more afraid of hiring too many MBA grads than hiring too few -- they know that they'll always be able to go back to campus in early 2009 and pick up a few more new hires if they need to.

What can business school students do? Proactive job seekers are looking beyond the on-campus recruiting process to find opportunities on their own. And they're also widening their job search to consider careers outside of banking ans consulting. Joining a smaller firm may come back into fashion as some companies that normally couldn't make much impact at a top school find that many grads now eagerly attend their information sessions.

The worst time to be in school is right when the economy takes a turn for the worse -- there's nothing like having a job offer rescinded. For people who apply to business school this year, though, the question is: What will the economy look like in two or three years? That's anyone's guess, but here's hoping that the worst of the unpleasant surprises are behind us.

Read More >>
Bookmark and Share

Friday, October 24, 2008

GMAT Tip of the Week

(This is one of a series of GMAT tips that we offer on our blog.)

Start at the Very Beginning, It's a Very Good Place to Start

Difficult Problem Solving questions often intimidate examinees who quickly become overwhelmed by the number of potential variables and figures that they face. It sounds trite, but top test-takers almost uniformly share one characteristic: they begin by identifying what they know, rather than worrying about what they do not. Simply by writing down the information that you know, you will find yourself in a position to solve for the next-easiest unknown, and from there you will build a knowledge base from which to work toward the correct answer.

Simply put, when questions appear to require several steps, it's most important to take the first step. As Nietzsche (and, more famously, Eddie Murphy in Coming To America) said, "Before he can fly, a man must learn to stand, and to walk. A man cannot fly in to flight."

If you're preparing to take the GMAT, try Veritas Prep's free practice GMAT exam.

Read More >>
Bookmark and Share

Thursday, October 23, 2008

Yale Dean Joel Podolny to Step Down

Big news at Yale... Yesterday the Yale School of Management announced that Joel Podolny will leave his post as dean of the school to join Apple as vice president and dean of the company's coming Apple University. Effective November 1, Professor Sharon Oster will take the reins as interim dean while the school conducts a search for Podolny's permanent replacement.

It's an understatement to say that Podolny has made a big impact on Yale in his three and a half years there. The number of applications to Yale has increased by 50% over the past five years and the school's full-time faculty has grown by 20% (even as the school has deliberately reduced its class size). And while a school is so much more than its building, Yale SOM's new campus (scheduled for completion in 2011) will stand as a testament to Podolny's last impact on the school.

In an email to the Yale SOM community, Podolny expressed his bittersweet feelings about leaving behind Yale for Apple:

So even as I am excited about this new chapter in my life, I am very sad to be leaving SOM. However, I can state unequivocally that I would not consider leaving if I did not feel that the school was on a strong footing. As a school, we know who we are. We have embraced our distinct mission, and are singularly and fundamentally focused on cultivating a distinct model of leadership, a model that can and should be applied across industry and sector. We know we will soon have a spectacular new campus that will support and sustain our educational model. As a community of faculty, staff, students, alumni and friends, we know what we must do to execute on the unique and necessary MBA curriculum that we have pioneered.

Podolny won't actually join Apple until early 2009, and will stay on the Yale faculty and will continue to teach until then. He and the school are doing the right thing by getting the transition started now.

While we at Veritas Prep were mainly asking "What does this mean for Yale?" when we first heard the news, it also makes us wonder about Apple and its education initiatives. The company has in some ways returned to its education roots by embracing how colleges use its iPod and iTunes system to allow students to access a library of course lectures. While many in the press have speculated that the company's Apple University will be a training program for employees, we wonder if it's actually a much broader digital education play that Apple may make in the next couple of years.

For more advice about applying to Yale, visit the Veritas Prep Yale School of Management information page.

Read More >>
Bookmark and Share

Wednesday, October 22, 2008

Law School Fever at Princeton

The American Bar Association blog is reporting a spike in LSAT prep among Princeton students due to the recent financial crisis. While law schools have been tight-lipped with regard to application increases, this is further anecdotal evidence that the expected recession-driven law school bump might be headed toward something historic.

Not only do the typical graduate school temptations come into play (ride out the downturn, increase earning potential), but the erosion of many MBA career prospects has further pushed finance escapees toward J.D. pursuits. As the ABA post notes, many Princeton students (and, presumably, students across the country) who were destined for careers in finance are now racing to take the LSAT and ready their law school applications.

The flip side of all this is that legal careers are also being impacted by the financial crisis, which is putting evermore pressure on students to get into elite programs. (This is where I'll note that Veritas Prep's law school admissions consulting is a great option for law school applicants who seek to work with experts from specific programs, providing the kind of insight to navigate the current application frenzy.)

Read More >>
Bookmark and Share

Tuesday, October 21, 2008

HBS Interviews: Dee Leopold on Round One

The other day Dee Leopold posted a message on the HBS admissions blog regarding the school's upcoming wave of Round One interview invitations. HBS will start contacting applicants to set up interviews on November 12, with many of the interview requests going out the following week.

As HBS and other top schools often do, Leopold reminds applicants that the timing of the interview invite is strictly a function of when the application is reviewed in the process -- it's not a reflection on the strength of one's candidacy. There's also no rhyme or reason in terms of alphabetical order, geography, or the date when the application was received. In other words, don't bother trying to divine your chances based when you receive (or don't receive) an interview invitation!

Leopold finished the post with a plug for the updated entrepreneurship info on the HBS web site. A few times lately we have heard HBS representatives emphasize the program's entrepreneurship-related content... Something to keep in mind if you are an HBS applicant with a sincere interest in this area.

For more advice on applying to HBS, visit our Harvard Business School information page. For more advice on how to nail your HBS interview, take a look at our MBA admissions interview preparation service.

Read More >>
Bookmark and Share

Monday, October 20, 2008

Announcing Our Law School Admissions Contest!

To introduce our new law school admissions consulting services, Veritas Prep has announced a contest for law school applicants. The contest winner will receive a complimentary Veritas Prep Admission Brief consulting package that includes comprehensive assistance with the application process for three law schools. The Admissions Brief is a $3,100 value, and includes:


  • An admissions consultant from the school of your choice to personally work with you throughout the entire law school application process

  • The Veritas Prep Law School Game Plan™ - a proven approach to help you gain perspective and shape every component of your application

  • An admissions consultant who has been through this exact process and can suggest proven techniques

  • Insider opinion from recent graduates of the nation's top law schools to make sure you are applying to the right schools

  • Winning suggestions identifying and maximizing those community service and work experience elements that will appeal to the admissions committee

  • Guidance to help you construct powerful and persuasive essays

  • Editorial critiques that focus on grammar, content, and style

  • Customized feedback to help you craft the best possible resume

  • Proven strategies to solicit effective letters of recommendation


Don’t miss your opportunity to win free admissions consulting services to help maximize your candidacy for admission to the nation’s top law schools!

To Enter:

In one page, using any media of your choice, explain why you want to become a lawyer. Submissions must be received by 4pm PDT on November 15, 2008. Please email your entry to our law school admissions consulting team at JDcontest@veritasprep.com.

As you prepare your application, visit our site to learn more about our law school admissions consulting services.

Read More >>
Bookmark and Share

Terrific Profile on Harvard Law School

There is a great feature on Harvard Law School from Sunday's Boston Globe that puts a whole new spin on the "is Stanford catching Yale?" question asked on this blog just a few weeks ago.

It turns out that blog post might have been about the wrong school.

The Globe makes a pretty compelling case that it is Harvard - not Stanford - hot on Yale's heels. Which is great news for law students who seek the name brand and prestige of Harvard and are going to discover that in addition to the pedigree, they might be stumbling into a rapidly-changing and stimulating educational environment.

It is worth keeping an eye on, to be sure. And if nothing else, Drake Bennett's piece is a great read for anyone interested in Harvard, law school, or even higher education in general.

[Update: The WSJ Blog has also linked to the Globe's Harvard feature and draws similar conclusions. Interested parties can get their take here.]

Read More >>
Bookmark and Share

Friday, October 17, 2008

Announcing New GMAT Prep Course Offerings

As you may have read earlier this week in the Wall Street Journal article linked to this space, business school applications are expected to peak this year by a larger margin than at any other point in history. With the impending competition for slots in top schools compounded by uncertain job security throughout the global economy, MBA admissions consultants and GMAT instructors like me are in the unfamiliar position experienced most by rock stars and Broadway performers - "extended by popular demand".

To assist the multitude of potential MBA applicants who need to put together applications in short order before the January deadlines, Veritas Prep has just announced the addition of new end-of-2008 course schedules from coast to coast:

  • Beginning on Monday, November 3 in Beverly Hills, California, Veritas Prep will run an additional 42-hour Full Course schedule (Monday/Wednesday, 7 to 10 p.m.)

  • Beginning on Saturday, December 13, Veritas Prep will run an additional 36-hour Weekend Course Schedule in New York City (Midtown Manhattan location)

For information on these and the dozens of other Veritas Prep GMAT prep courses that are scheduled to begin in the upcoming weeks -- including a worldwide round of Full Course offerings beginning the final week of October -- take a look at our GMAT course schedule options.

Read More >>
Bookmark and Share

GMAT Tip of the Week

(This is one of a series of GMAT tips that we offer on our blog.)

Only is the Same as Always (in this regard)

Most test-takers know to be careful when encountering universal modifiers (all, none, never, always) in Critical Reasoning problems. Similarly, less-noticeable words like “only” and “same” have unique, exact meanings that lead to specific, limiting statements. The GMAT uses these words frequently; while a word like “all” typically leads a sentence, a word like “only” is often buried within the text and therefore more difficult to find. Train yourself to spot these limiting modifiers wherever they may appear.

Read More >>
Bookmark and Share

Thursday, October 16, 2008

Get Paid to Apply to Law School!

In a shocking bit of news, the Wall Street Journal Law Blog has reported that the University of Alabama Law School is giving away free iTunes downloads to select prospective applicants via an email campaign.

In addition to providing $20 in free downloads, the school is also waiving the application fee. This means that Alabama is paying people to apply to law school! Surely, this is some sort of sign that the end times are coming soon.

Possibly even more perplexing is the WSJ's confusion with regard to Alabama's motives. This appears to be a blatant attempt to drive raw application numbers. After all, more applications means a lower acceptance rate (presuming yield rates remain constant), which means more prestige, and a possible ascension in the rankings.

This is the kind of thing that schools could have gotten away with pretty easily about 10 years ago, but not anymore. It seems that every relevant legal blog these days has readers who will forward along any correspondence that might be newsworthy, meaning that letters from law school deans (see: Stanford's changes to its grading system) and email campaigns from admissions offices will more than likely show up on the web within about 24 hours.

I have a feeling Alabama is rethinking this one.

Read More >>
Bookmark and Share

Wednesday, October 15, 2008

Last-Minute MBA Admissions Essay Tips

This week many of our clients are working hard to finish up their Round One business school admissions essays. If you’re in that boat, then we’d like to offer a few last-minute tips to help you perfect your essays:


  • Step Away from Your Essays – If you are your own primary editor, the best thing you can do is to give yourself some time between reviews of each essay. When you’ve written the prose yourself and are knee deep in it, it’s too easy to skim over a sentence and read what you know you meant to say, rather than what the words actually put down on paper. This unfortunately makes it very easy to miss basic mistakes . Step away from your essays for at least a few hours (ideally a couple of days) before reviewing them again.


  • Don’t Let Too Many Cooks in the Kitchen – When it comes to feedback on your essays, more is not always better. We all have friends and relatives who are decent writers and are willing to loan you their eyeballs, but don’t feel compelled to act on every piece of unsolicited advice that you receive. Where your friends can help you the most is in catching errors that you missed or in letting you know when a certain passage in confusing. Beyond that, you should probably ignore most of their suggestions on style. It’s too late for that now!


  • Recycle with Care – It’s very tempting to recycle your MBA admission essays, especially if you’re rushing to meet a deadline. And it’s okay to re-use a story in more than one application – after all, we all only have so many stories of a time when we demonstrated leadership, made a tough decision, faced an ethical challenge, etc. But, above all, make sure that the essay you’re using appropriate answers the question being asked. You’d be surprised at how often we see applicants fail to do this seemingly simple thing. And, for the love of God, don’t say, “I really want to attend Wharton” in your Stanford essay!!


  • Make Sure Your Essays Fit Your Overall Application Story – You may be so focused on making each essay great that you’ll miss the bigger picture: For each school, do your essays fit in with your overall application story? Don’t get so hung up on making your individual essays so dynamic that you forget to tie them together in one overarching application theme. Are you a techie who wants to build his general management chops? A finance person who needs to get better at marketing? Ideally all of your application components will be consistent with that theme.

If you're stuck, take a look at these sample MBA essays. If you would like some more help in polishing up your essays, take a look at Veritas Prep’s MBA essay editing services. Our essay evaluators won’t write your essay for you or put words in your mouth, but they will help you clearly and concisely articulate your application story in your essays. If you need one last pair of professional eyes to look over your essay, give Veritas Prep's essay services a look.

Read More >>
Bookmark and Share
 
Featured in Alltop Member of the Boxxet Network of Blogs, Videos and Photos Academics blogs alternative Blogs - BlogCatalog Blog Directory