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Wednesday, October 22, 2008

Why is GMAT Tutoring So Expensive?

By Scott Strepina

Well, is it really that expensive?

A top tutor can provide you will the knowledge and skills to attain a top score on the GMAT and they can help you to do it in far, far less time that it would take to do on your own. These tutors have learned the GMAT themselves, earned very high scores, and then further mastered the GMAT through teaching and designing thousands of practice questions. They know exactly what you need and can bring you to mastery in a minimal amount of time

For example if you are a beginning student, despite your study you may have a hard time answering the following question:

What is the lowest number that can be multiplied by 36288 to make it a perfect square?

A) 7

B) 27

C) 64

D) 81

E) 121

You may know completely well what a perfect square is but be at a total loss on this question and this is frustrating. You could spend days on MBA and GMAT forums trying to find the answer or at least the process, to never find the right answer. (Remember, the average GMAT score is about at 530, so most people out there do not know any more than you know.)

A top tutor could provide you with the following simple and easy to remember approach that will always work.

1) All perfect squares must have even exponents in their prime factorized form. Our first step is to prime factorize the number to get:

If your prime factorization skills are weak, we can show you how to do this in less than 30 seconds and with a 100% accuracy rate. Hint: it has to do with the divisibility rules, do you know them?

26 347

We see that each prime factor has an even exponent except the 7. We need to get the lowest possible even exponent of 7, which is 72. To get this, we multiply the number by 7 and we get 26 3472. So, the lowest number is 7.

There are hundreds and hundreds of examples such as this, where the GMAT tests an easy topic in a very hard way. But, there is always a simple solution. Our tutors give you the skills to find those simple solutions and put you ahead of the competition.

With that in mind, our top GMAT tutors provide a tremendous amount of value for their clients. As we have discussed scoring well on the GMAT is no easy task. All too often students do not realize the difficulty of this exam until they have wasted many hours studying only to receive a low score. Their score limits the MBA programs that they may reasonably be accepted to. A top tutor takes this type of student and molds them into a 90th percentile scorer, giving them a direct and distinct advantage over the competition.

As the economy continues to decline, MBA admissions and GMAT registrations continue to rise by double digit increases each year. According to the GMAC, September 08 registrations for the GMAT were 223,159. The prior September registrations were at 199,896.

We could frame this into a GMAT question:

What was the approximate percent change in GMAT registration from 2007 to 2008?

A) 5%

B) 8%

C) 11%

D) 14%

E) 16%

Well, percent change can be easily determined with the following formula (and one you would be well-advised to learn before the exam):

((Final Value - Initial value) / Initial Value)) X 100%

= ((223,159 - 199,896) / 199,896)) X 100% = 11.64% '

This continues to mean that the competition is stronger, the scores are higher, and schools can afford to be more selective with the applicants that they select. Remember, at the end of the day, Universities are also businesses that need to pay bills and to market themselves. It should come as no surprise that top business schools have one big thing in common - high GMAT scores.

In short, a top tutor will maximize your chances of earning the highest GMAT score possible, lower your stress, lower your workload, and shorten the number of hours that you need to spend studying.


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