OT: GMAT

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    Topic
  • #187256
    jrosen92770
    Participant

    I am planning on taking the GMAT soon. Any advice about time frame, course, how it compares to studying for CPA, etc?

    BEC - 5/26/2013 75
    REG - 8/31/2013 82
    AUD - 11/24/2013 74, 2/9/2014 92
    FAR - 5/25/2014 85

    NY CPA

Viewing 15 replies - 1 through 15 (of 17 total)
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  • #582555
    Anonymous
    Inactive

    Are you sure you need it? A lot of colleges wave GMAT if you passed CPA exams

    #582556
    jrosen92770
    Participant

    I did not know that. Let,me check into that.Thanks Anna!

    BEC - 5/26/2013 75
    REG - 8/31/2013 82
    AUD - 11/24/2013 74, 2/9/2014 92
    FAR - 5/25/2014 85

    NY CPA

    #582557
    impska
    Member

    How it compares to studying for the CPA exam = LOL.

    People regularly walk into the GMAT without doing more than the most basic review to refresh themselves on the math formulas they learned in high school math.

    You can grab a GMAT book from Amazon and self-study. No more than a month. If you find you're struggling, or you want to short-cut and have money handy, you can do GMAT classes in person or online. I've never taken one, but I'm pretty sure they're less than a week long.

    REG - 94
    BEC - 92
    FAR - 92
    AUD - 99

    #582558
    Anonymous
    Inactive

    I'm glad to see this thread since I'd like to take the GMAT at some point (I'm looking at an MBA program, and haven't seen any reference to waving it for CPAs) but know very little about it. I've always heard people talk with fear about master's entrance exams, so have been intimidated by the thought of the GMAT – nice to hear people saying it's really not that bad! I should try to find a practice GMAT to take without any prep to help convince myself that it's not that bad. 🙂

    #582559
    jrosen92770
    Participant

    I am looking at Rice here in Houston and it appears no waiver.

    BEC - 5/26/2013 75
    REG - 8/31/2013 82
    AUD - 11/24/2013 74, 2/9/2014 92
    FAR - 5/25/2014 85

    NY CPA

    #582560
    Mamabear
    Member

    I don't remember studying for the GMAT and I did well on it. I got a GMAT study guide from the library and skimmed through it to see what type of things were going to be on it, but I don't recall actually “studying”.

    CPA Exam - Finally DONE (November 2014)
    BEC (08/10/13) 80
    AUD (08/24/13) 65 (11/13/13) 85
    FAR (04/12/14) 81
    REG (07/19/14) 69 (11/29/14) 87!!

    #582561
    koz124
    Member

    Ditto – I did not study for it and did fine. It tests pretty basic concepts. Logarithms tied me up a little since I didn't study, but everything else was straight forward. If you've been out of school for awhile it'd probably be good to review, but it definitely does not compare to the CPA exams.

    Studying with Wiley Review, Wiley Test Bank, Ninja Audio.
    Retakes with Ninja MCQ only...awesome!
    Far - 1/28 72, 7/22 79
    Aud - 2/28 70, 8/14 83
    Bec - 4/10 80
    Reg - 5/30 64, 7/2 82

    #582562
    jrosen92770
    Participant

    Thanks for the feedback. I graduated in 94 so I may need to review.

    BEC - 5/26/2013 75
    REG - 8/31/2013 82
    AUD - 11/24/2013 74, 2/9/2014 92
    FAR - 5/25/2014 85

    NY CPA

    #582563
    ScarletKnightCPA
    Participant

    Getting a 700+ on GMAT is harder than passing the CPA exam imo. 700+ is what you need for top business schools typically.

    Far: 76 (Wiley Test Bank)
    Aud: 77 (Wiley Test Bank)
    Reg: 61, 76 (Wiley book, Wiley Test Bank)
    Bec: 86 (Wiley Test Bank)

    MBA in progress

    #582564
    floacct
    Member

    I got the wiley book and reviewed the math section for a couple days. I didn't study anything for the verbal section or integrated reasoning. I scored plenty high. Just brush up on basic algebra and geometry and you should be good to go. Plus u get ur score right away so if u don't do good just reschedule. I think u can take it every month. It wasn't nearly as big a deal as the cpa exam. Most schools u r only going to need a 550 – 600 or so. Don't sweat it too much.

    #582565
    Quinacridone
    Member

    Jrosen, I graduated in 1986 (I know, a lot of people here hadn't been born yet). I had to study. I just got the Gleim book. I wound up with 699 (one point under my grad school's requirement) (but they let me in since my GPA was so high). I did find the test hard. Lots of higher math.

    REG - Nov 4, 2013: 88
    FAR - Feb 27, 2014: 86
    AUD - April 5, 2014: 91
    BEC - May 6, 2014: 83

    Florida CPA 24 July 2014
    (Done in seven months - thank you Jesus!!)

    #582566
    Anonymous
    Inactive

    @jrosen — Studied for 3 days while in my last semester of undergrad. MAcc from Texas A&M – CC

    Based on your CPA scores you'll be fine. Go grab a college algebra book, brush up on grammar and punctuation, and make sure you're aware of the data sufficiency question format. I think it's the only exam in the world with those type of questions but I could be wrong on that.

    #582567
    Anonymous
    Inactive

    floacct: “Plus u get ur score right away so if u don't do good just reschedule.”

    I'll hardly know what to think to actually get a score right away! haha. I'll probably be taking the CMA exams before the GMAT, so I'll have had CPA with a 2-4 week wait, then CMA with a 6+ week wait, then to take the GMAT and know when I walk out the door how I did will be so weird but so awesome. I've taken other tests with instant scores, though it's been awhile, and it was always so nice to actually know how it went! (Especially since as soon as you finish a test, everyone asks you how you did/if you passed regardless of whether you have any way to know or not…) The school I'm looking at only requires a 450, so I'm sure I can attain that score without a problem, but I'm the type to want a higher score if possible so I'll be shooting for a 700 even though I only need a 450. 😛

    #582568
    mscav76
    Participant

    The GMAT was a cakewalk compared to the CPA Exam. I think I “studied” for 2 weeks on my lunch break.

    AUD 88
    BEC 73,82
    FAR 76
    REG 76

    Ethics 95

    #582569
    Anonymous
    Inactive

    Is Rice not AACSB? They don't waive the gmat for a cpa pass? Really?

Viewing 15 replies - 1 through 15 (of 17 total)
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