GEM, GMAT ELITE MBA PROGRAM, was introduced to minimize the gap between our candidate’s understanding, and the requirements of their perspective business schools.
Based on our experiences with a lot of diverse applicants, we realized that even after getting a very high score on GMAT, some candidates were oblivious to the entire application process. Students scored 740 10 days before the deadline of Harvard, and were surprised to know that Harvard would not even interview them because of the story they had built.
Some of them had 3-5 years of work experience in the IT Consulting environment and were looking for just any avenue to get out of their current role, and move into management. Their understanding of Business School was limited to getting an education on the resume that will take them further in their path to leadership. While that is understandable, we also know that most of them did not have a great understanding of “Why is the knowledge of Short term and long term MBA goals important for the MBA aspirants” and why is it important to know it ahead of time. It is quite understandable and normal if a lot of our readers are not aware of what we are talking about in this article, but our agenda was to introduce this to you ahead of time. We are very certain that at some point in your cycle of applying to the business schools, you will have an awe-inspiring moment that will make this picture very clear to you. Our agenda was to reveal the importance “AS SOON AS POSSIBLE”
We asked a lot of candidates who had secured very high GMAT Scores or were still in the process of preparing for GMAT “Why do you need an MBA?” and we got the following responses:
I want an MBA as I want to develop and hone my leadership skills
I want an MBA so as to gain a thorough managerial perspective
I want an MBA to earn more money
I want an MBA so as to be able to get a strong promotion and I will also get to travel internationally
A management consultant simply wants to make partner.
An entrepreneur simply wants to succeed at building some sort of company.
An investment banker just wants to rise in the investment bank's hierarchy.
For these goals to be visionary, each of the above hypothetical applicants would need to have some greater mission. If the consultant wanted to eventually focus on a specific sector that excited her or if the entrepreneur was interested in working on specific kind of business or if the investment banker was concerned with the impact of her work on something beyond her own career development than that greater mission would be in place.
It was through these responses that we realized that there was a strong gap in candidates’ understanding of what a business school would be looking for in the entire candidature. We realized that there will be absolutely no point in making a candidate secure a 740 if he or she can’t pull out a good story and use that score into creating a great success story.
In addition to these, there were very “Internally Aware” candidates who were thorough in their expectations from an MBA program and had a strong clarity of their short term career goals, we realized that their career goals did not match the school’s expectations at all, and that could have been disastrous for these very smart and inspired candidates.
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