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If you plan to pursue an MBA degree, then one of the biggest challenges you will have to overcome is the GMAT or Graduate Management Admission Test. This entrance exam determines how qualified you are to pursue an MBA degree and is especially relevant for those who wish to study abroad. To help you sail through this exam with ease, we have come up with a handy study guide for the GMAT examination. Let’s go through it.
Ideally, a dedicated student takes around 2-3 months to prepare for this exam. However, one needs to make sure that they are solving at least one section each day. Keeping the 2-3 months’ time frame in mind, let’s see what should be your focus for each week.
During the first week, brush up your basics, especially when it comes to the Quant section. Review your existing knowledge of the formulas and fundamentals that you will be covering. This is also a good time to initiate some productive habits. Prepare a timetable. Set a routine. Try reading a business newspaper on a daily basis to get habituated with essential jargon and terms and stay up-to-date. Think of your future goals such as an MBA degree, a lucrative career, and your wish to study abroad as these will motivate you to study harder.
Instead of beginning with a complete section, we suggest you focus on each question at a time. Forget the worry of hopping over to the next question; instead, ensure that your understanding of the question at hand is complete. If you have even the slightest of doubts, do not hesitate to take it up with a guide you have or your preferred search engine.
By now, you may have cleared all your initial doubts. You can begin practicing complete sections now. Try to go through an entire section in a day, with a focus on the Verbal and Quant sections. It is also the time to begin the GMAT mock tests and sample papers.
The last two weeks before the exam are the most important. If there is any topic that you have been delaying, then it is time to confront it now. Go through all the mistakes you have made in your mock tests till now and try to solve them. Avoid cramming too many topics at the last moment as this will end up making you even more confused.
The internet is a helpful place. You will find this to be true when you search for source materials for GMAT exams. There are plenty of mock tests, practice questions, previous years’ papers, and solution textbooks – all available for free. You can also buy second-hand books from your neighborhood stores.
Now that you are clear about the guide, we suggest you start looking at options for an education loan as well. We, at Avanse, understand the unique needs of the MBA aspirant and design our loans accordingly. That is why, an education loan from Avanse will also take care of the pre-admission expenses such as GMAT fees, consultation charges, admission form fees, and so on.
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.