# GMAT: The Next Generation

Ally Wewers, TMMBA Program Coordinator

While it may sound like the next installment in the Star Wars trilogy, the “Next Generation GMAT” actually refers to the changes coming for the Graduate Management Admissions Test, more fondly known as the GMAT. Before you start to worry about “Revenge of the GMAT” and “The GMAT Strikes Back”, keep in mind that the new test version is actually not the complete overhaul it sounds like it is. Much of the original test is remaining the same, with only a (somewhat minor) addition of a new section.

June 2nd, 2012 will be the last day for exam-takers to test using the “old” format GMAT. But starting June 5th, all GMAT exams will be featuring a new Integrated Reasoning Portion. The Integrated Reasoning (IR) section is designed to measure test-takers’ abilities to synthesize, convert, and manipulate data from multiple sources.

In honor of all the graphs, tables, and multi-tabbed pages that you’ll be seeing on the new IR section, I’ve synthesized and combined some helpful information about the Next Generation GMAT below:

A few more resources that you may find useful:

The official overview of “The Next Generation GMAT”  from mba.com

For examples and practice questions- take a look at the Questions Format page on MBA.com

Manhattan Guide Blog post: What You Need To Know About Integrated Reasoning, Part 1

What does the new IR section mean for your score?: Veritas Blog Post

So get  your light sabers- uh- I mean pencils- ready folks. Start prepping for the Next Generation GMAT with the Integrated Reasoning section now, and you’ll be ready come June 5th!

May the force be with you!

# Spreading out the cost of your TMMBA (Tracy Gojdics, Director)

The Technology Management MBA Program makes it possible for students to pay the program fee over seven quarters rather than the traditional six.  You decide what payment plan works best and will benefit you the most.   The chart below provides information to help you decide.  Please contact the TMMBA Program Office with questions.

 Payment Options Fee/Quarter Program Fee Due Dates: Is Federal Financial Aid Available? Benefits 7-Quarter Option \$9,600 Autumn Qtr 2013: 10/31 Remaining 6 quarters: 3rd Friday of the quarter. No – Autumn 2013 Yes – Winter 2014 – Spring 2015 (if eligible) Allows students to use calendar-year company   reimbursement benefits Claim 2013 Tax Education Credit Lower quarterly payments. 6-Quarter Option \$11,200 All 6 quarters: 3rd Friday of the quarter Yes –  Winter 2014 –   Spring 2015 (if eligible) Defer payments until 2014.

We are able to offer the 7-quarter payment option due to the 10-credit Program Immersion December 1-7 in which all students will be registered for and take Negotiations, Ethical Leadership, Teamwork and Professional Communications.

# Introducing the newest class: TMMBA Class 12

Tina Bassir, TMMBA Associate Director

Congratulations to the new TMMBA class! We are excited to have such a diverse and motivated group of professionals join the TMMBA network. Class 12 students attended their first event, the Welcome Reception, two weeks ago and they’ll begin Orientation this evening with the Etiquette Dinner. After this weekend of classes, their class schedule picks up in January with the regular class routine.

Here are a few quick stats about the incoming class:

• # of Students 71
• Monday Section = 36
• Wednesday Section = 35
• Australia, Brazil, Canada, China, Egypt, India, Japan, Mexico and the US are all represented.
• 28% of students have an advanced degree
• Average years of work experience is 11
• 46 diverse organizations represented – listed below
 Accenture Advaiya, Inc. AIS Consulting Allyis Amazon.com APL Limited Apple Computer Inc Avalara Inc. Avtech  Corporation CBRE (CB Richard Ellis) Center for Health Value Innovation Cepheid Cisco Systems Costco Travel Dreambox Learning Era Living Freedom OSS General Electric Google Infosys ING Direct Investing Limberg Eye Surgery Marin Software McAdams Wright Ragen Microsoft Corporation Motricity N C Machinery – Catrpillar National Technical Systems Nintendo of America Nordstrom, Inc. REI (Recreational Equipment Inc) Safari Books Online Seattle Public Schools Spring Wireless Starbucks Coffee Company T Mobile Tech Mahindra America Inc. The Boeing Company Thomson-Reuters T-Mobile USA UIEvolution Inc. ULTRABAC VoiceBox Technologies Wadeware WSDOT Zetec Inc

# My path to the TMMBA

Jared McInelly – TMMBA Student (Class  of 2012)

Getting an MBA was not a decision I took lightly.  It actually turned out to be a journey of almost 3 years for me.  Where you get an MBA has a lot of implications on the rest of your career.  I chose carefully and ended up at the Foster School of Business in the TMMBA program.  Here’s how I got there.

I always knew I wanted to get an MBA.  After graduating with an engineering degree I decided to take a break from school and get some relevant work experience before heading back for an MBA.  Well, one year turned into 8 years , a mortgage and 4 kids.  When I finally decided it was time to go back I first looked at schools that didn’t require the GMAT.  I was intimidated by the thought of taking that test and I was afraid that I wouldn’t score very well.  I compared a couple of online programs with some local evening schools that didn’t require the GMAT.  All of the programs were expensive and online didn’t seem like a good way to really learn from other classmates.  Finally I though “if I’m going to spend the time, money and energy getting an MBA, why not do it right and go to a good school?”

So the pendulum swung the other way for me and I decided to study hard, ace the GMAT and go to school full time.  I studied for a long time and took the GMAT and eventually got the score I needed to get into a good school.

But did I really want to quit a good job and move my family to go full-time?

My wife certainly wasn’t excited about the idea of me going to school full-time.  And the more I thought about it the more it made sense to stay in the Seattle area.  I loved technology and Seattle has good technology companies and isn’t nearly as expensive as somewhere like Silicon Valley.

One day a blurb came on the radio about a “Technology Management MBA from the University of Washington, THE degree for technology professionals…”  It really peaked my interest.  I thought, “hey, I’m a tech geek.  This sounds like a good fit.”  Soon after I attended an info session and was impressed with the stats of the program; 1.5 years, one night a week and every other Saturday.  It sounded intense but doable.  I did some research online and talked to a few people about the program.  I was impressed with a few other things.

1)        The program is officially part of the University of Washington’s Foster School of Business.  So the same professors who teach on campus teach the TMMBA courses.  The full-time MBA at the Foster School of Business is ranked #33 nationally.  I’ve since heard that many of the business school professors prefer teaching the TMMBA classes because of the level of work experience and seriousness of the students.

2)       The program is a lock-step, cohort based program.  All of your classes are set, your books are purchased for you and even your food on class days is provided (and, oh my goodness, is the food ever good).  It’s such a relief to have all of these details taken care of by the administrators.  I can’t imagine figuring out when I would have time to travel to campus, park, and walk around the campus bookstore trying to find the right books for each quarter.

3)       I sat in on a class and the students were just like me.  I was worried that going to a full-time program would mean I’d be in class with a bunch of kids just out of college with a year or two of experience and a high GMAT score giving them unearned confidence. The average years of work experience in the TMMBA program is ten.

So, I decided to apply and I got accepted into the program.  So far I have been extremely impressed with the program.  The professors have been incredible and class time seems to fly by.  My group is great and the class is so diverse, with each student bringing such differing backgrounds and experiences.  So far I love it.  Even though the work load can seem all consuming at times, I still love it.

# GMAT from my perspective….

Wei Huang, TMMBA Student (Class of 2012)

Hello Everyone!

I’m going to provide some GMAT information.  I’ll also include some of my experiences and favorite resources along the way.

Enjoy!

Test Structure and Overview

http://www.mba.com/mba/thegmat/teststructureandoverview

This link provides all the information about the exams.  Also, all the GMAT prep books include the exam details.

Registration & Location (Puget Sound):

Website:  www.mba.com – Need to create a login and password.

Cost: \$250

Remember to register early to guarantee a spot.  These testing locations also test other exams.

There are 2 sites available in the Puget Sound region:  Renton & North Seattle.

Renton:

1300 SW 7th St # 113

Renton, WA 98057-5225

(425) 277-6690

Seattle:

10700 Meridian Ave N

Suite 407 (between 107th St & Northgate Way)

Seattle, WA 98133

Neighborhood: Haller Lake

(206) 417-9986

For Military personnel:

Department of Defense (DOD) – Never knew what the DOD stand for when I was registering.

• NTC Pierce College McChord AFB – DoD only, McChord AFB, WA, United States
• EDU CTR 0001 Fort Lewis – DoD only, Fort Lewis, WA, United States

Day of the Exam info:

• You are provided multiple yellow laminated sheets with an erasable sharpie-like pen that is used instead of paper and pencil.   So keep that in mind when practicing.

Here’s a good description of the ‘scratch paper':

http://www.amazon.com/Manhattan-GMAT-Simulation-Booklet-Marker/dp/0979017580/ref=sr_1_11?ie=UTF8&qid=1288814463&sr=8-11

• A key and locker are issued to you to put your personal belongings in.
• Your finger is scanned so when you return to your testing station, your finger is always scanned.

After sitting down, there are a series of questions about what B-schools you want to apply to.  Unfortunately, you have to answer the questions before moving on to the writing assessment portion.  I always thought the actual exam would be just like the practice exams – start writing away on the first writing assessment and moving on to the other sections.  The 5 or 10 minutes or so it takes to complete the questions, in my opinion, slows the momentum down when taking the exam.  You feel all pumped and ready with all the formulas, idioms memorized and then you have to pause to answer the questions.  Adds an additional nervousness

• Anytime you return to your computer, the proctor escorts you to your seat and logs you in.
• End of exam – you have the option to submit or not submit the exam.
• Exam results are printed on the spot but it’s not the official paper work.

Favorite GMAT website:

www.beatthegmat.com

I believe everything you want to know about the GMAT and the MBA application process is all here.  The forum is amazing.  You can get answers to about any of the questions in the GMAT books.  A lot of the forum moderators are instructors from Kaplan, Princeton Review, Manhattan GMAT (MGMAT) and from other GMAt prep schools.  I remember in a post that one of the MGMAT instructors actually took the GMAT to test the theory of not finishing the exam.  It’s not good to not answer all the questions.  Also, GMAT consulting companies are also on the forums answering questions.

• Admission essay tips – A lot of advice!
• BEATTHEGMAT flashcards – great to have so you can memorize those idioms, formulas or tips.
• Scholarships are also available from Beatthegmat.com
• Recommended GMAT books that are a must-have.  It’s all in this site and I really recommend future applicants to visit this site.

GMAT Prep classes:

Manhattan GMAT – I love the MGMAT Prep.  My instructor was excellent in explaining solutions.  On difficult questions, he would have 3 ways in solving the questions.  Also, there is online material that you can review.  The online material is a recording of a previous class and the material is the same material you go over in class but with a different instructor.

Also, included in the prep class is a Microsoft Spreadsheets that keeps track of all your MGMAT, and all of the Official GMAT books (aka ETS).  Wrong answers are highlighted in red until you get the answer correct.  I enjoyed correcting my mistakes until I got it right instead of looking at the answer right away.  There are also stats and graphs you can look at to see where you need to improve.  Also, included in the prep class is the yellow laminated sheet, pen and a stop watch.  There is also admission guide that is included, which is a very helpful guide that includes admission tips/advice/samples.

The class cost me a good \$2000.

Hope you enjoyed the info and find these tips useful.

Good luck!

# Class 11 Roadmap

Mikaela Houck, Program Coordinator

As admissions wrap up for the class beginning in January 2011, we now look to the new students who will soon navigate their dynamic and rigorous 18-month TMMBA journey. The cohort kicks off with a variety of events and activities that provide a solid foundation for a successful TMMBA experience.

Here’s what is on the horizon:

Welcome Reception: Tuesday, November 16
This evening reception at the Columbia Winery in Woodinville is an opportunity for students to meet their classmates and connect with their study group for the first time.

Program Orientation Part I: Thursday, December 2 – Sunday, December 5
The December Orientation includes four credits of academic course work: Teamwork, Ethical Leadership, and Professional Communications.  From achieving exemplary team performance to communicating effectively, these courses lay the groundwork for essential skills and knowledge that will be used throughout the Program and beyond.

Additionally, students will be required to attend an Etiquette Dinner where they will learn the proper know-how surrounding the business meal.  Students will develop dining savvy that will improve their professionalism and enhance their networking skills. It’s also a great occasion to get to know their classmates and kick-off their TMMBA experience with a sense of poise and confidence.

Winter Quarter classes kick-off: Early January
Official launch of Winter Quarter classes.  Students will participate in an intensive schedule of Microeconomics, Accounting and Statistics.

The Welcome Reception is just around the corner – looking forward to seeing the Class come together for the first time!

# Apply now. Start classes in January.

Mikaela Houck, TMMBA Program Coordinator

We’re still accepting applications for the class beginning in January 2011. Here’s what we’re looking for:

• Online application profile
• Essays
• Resume
• Letters of Recommendation (2 total, one from your current supervisor)
• Official GMAT score
• Official transcripts
• \$75 application fee
• English language proficiency (if your native language is not English)

Click here for full details on our application requirements. You’re welcome to contact the TMMBA Program office at 206-221-6914 or tmmba@uw.edu with questions.

# Slaying the GMAT

Aaron Lykken, Manager – Academic Services & Technologies

It’s getting to be high noon for completing your TMMBA application, but will you be able to pull the trigger for the final application deadline on September 1st?  For those considering applying to the TMMBA program to begin classes this coming Winter, easily one of the most time sensitive matters that needs your immediate attention (if you haven’t already taken care of this) is preparing for the GMAT exam.  I think it’s safe to say that many people put this off because studying intensively for an exam doesn’t exactly equate to fun times and enticing party conversation.  But really, if you truly are serious about going to graduate school, you have to set aside time and invest in studying for this exam as it is a part of the path.  Practically all, if not every top business school across the nation requires the GMAT as a part of their application process so it’s time to take it seriously.  The actual content of the exam isn’t actually that difficult, but performing under a time constraint and taking apart multi-layered problems takes a healthy bit of practice.

There are three ways to approach taking the GMAT: wing it, self-study, and seeking the help of a test-prep course/tutor.  All three can lead to success but their level of success depends so much on each unique test taker.  Those who show up “cold” to the exam and receive a competitive score are extremely rare while those who are able to put in some advance prep increase their odds of success.  Self-study is very affordable (<\$30 for a book) and you can learn a lot just by working through a workbook and learning the strategies.  If you have the money and prefer a more structured environment, the test-prep course and/or tutor is a wise choice.  Some of the biggest test-prep companies offer various work-compatible schedules, online, and even specialized programs for those short on time.

To find which option is best for you, do some honest reflection and make an assessment of your study needs so you can get the marks you desire.

So stop procrastinating and take care of business! (no pun intended…well, maybe)

# It’s Not Too Late. Take the GMAT!

Chris Rosenquest, TMMBA Student (Class of 2011)

I know, you’ve got 6-weeks to the TMMBA application deadline. You might not be sure which way to go. Should you apply to the TMMBA program? There’s that other program you’re also interested so should you apply to that program.

But you can’t apply to either if you haven’t take then GMAT!

It was about this time last year I decided to go for it. The only thing in my way was the GMAT. That test. The test that would define my whole college career. With all of the concerns and 6 weeks before the application deadline, I registered to take the exam.

The thing about the GMAT is that here at TMMBA it’s a part of the whole package. An essential part, but just one part nonetheless. Your application isn’t judged solely on your GMAT score. So don’t sweat it. Study hard and take the exam and then apply. When you talk to Tracy or another TMMBA staffer they’ll tell you the same.

After I registered I hired a tutor. Mostly because I knew I’d need someone standing behind me preparing their swift kick whenever necessary. Although I wasn’t 100% satisfied with my GMAT score, I was satisfied when I was accepted into the TMMBA. I don’t regret the timeline I chose to apply but I wouldn’t recommend the extra stress on anyone.

Do you have a great GMAT story?
Do you have recommendations for prospective students?
Are you a prospective student that wants more advice?

Leave your questions or responses in the comments section below.

# GMAT Prep

Tracy Gojdics, Director

There are various ways to prep for the GMAT, including taking prep courses or using self-study materials.  To be honest, most of the applicants we have had use the self-study method utilizing test techniques and practice exams from Kaplan and Princeton Review.  However,  this year I’ve been hearing A LOT  about the Manhattan GMAT Preparation Guides.  We don’t necessarily endorse one GMAT Prep Guide over another, but I’m hearing the word “Manhattan” so much that I figure I should pass it along to others investigating GMAT prep materials.   Good luck!