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PRINCETON, NJ, Oct 28, 2008 (MARKET WIRE via COMTEX) -- Educational Testing Service(R) (ETS(R)) today announced the introduction of a new GRE(R) Comparison Tool for Business Schools at its website www.ets.org/gre/comparison. The online tool offers business schools a way to predict Graduate Management Admission Test(R) (GMAT(R)) scores from Graduate Record Examinations(R) (GRE) General Test scores.
The comparison tool was developed in response to requests from business schools for information to help them evaluate applicants who submitted GRE scores for admission to MBA programs.
The predicted GMAT scores produced by the tool are calculated based on analyses of test scores from individuals who took both the GRE General Test and the GMAT exam under standard testing conditions between January 2006 and July 2008.
"The GRE and GMAT comparison tool will be very helpful to us," explains David Bach, Associate Dean of MBA programs at Instituto de Empresa (IE) Business School. "The fact that it is accessible online makes the admissions review process easier, too."
Based in Madrid, Spain, IE's MBA program is ranked in the top ten worldwide by The Financial Times.
The launch of the GRE Comparison Tool for Business Schools comes at a time when an increasing number of business schools and MBA programs, both domestically and internationally, are accepting GRE General Test scores for graduate admission. More than 120 MBA programs now accept GRE General Test scores, including Stanford University, MIT, Clemson University, Johns Hopkins and IE Business School. Visit www.ets.org/gre/bschools to view a full list of MBA programs that accept GRE scores.
"As a top-ranked business school, we realize that we need to recruit the most excellent and diverse students," says Bach. "The demand for a creative and diverse workforce comes directly from the professional business community that increasingly competes on a global level. Therefore, we have to be selective and focused on quality, and accept different tests and test formats, provided they are well-suited to select the best."
"The tool is very easy to use," explains ETS Associate Vice President David Payne. "The user enters an applicant's GRE Verbal Reasoning and Quantitative Reasoning scores, and then views the applicant's predicted GMAT Total score. The ability to predict a GMAT Total score from GRE Verbal and Quantitative scores is not surprising, given that both tests measure the verbal reasoning and quantitative reasoning skills that business schools value, and the correlation between the GRE scores and the GMAT Total score is quite high."
In 2009, ETS will launch the Personal Potential Index (PPI), which will provide an evaluation of critical personal attributes that graduate schools and business schools look for in candidates -- attributes that traditional standardized tests weren't intended to measure.
"The PPI will be particularly beneficial for business schools that historically place added value on individual leadership, team work and ethics," adds Payne.
To learn more about the GRE General Test for graduate business and MBA programs, visit www.ets.org/gre/business.
About ETS
ETS is a nonprofit institution with the mission to advance quality and equity in education by providing fair and valid assessments, research and related services for all people worldwide. In serving individuals, educational institutions and government agencies around the world, ETS customizes solutions to meet the need for teacher professional development products and services, classroom and end-of-course assessments, and research-based teaching and learning tools. Founded in 1947, ETS today develops, administers and scores more than 50 million tests annually in more than 180 countries, at over 9,000 locations worldwide. www.ets.org
SOURCE: Educational Testing Service
Copyright 2008 Market Wire, All rights reserved.
Each summer, the Native Nations Institute conducts the Native American Youth Entrepreneur Camp (NAYEC) on The University of Arizona campus in Tucson.
The camp fosters skills to encourage private-sector development in Indian Country.
NAYEC instructors teach high-school juniors, seniors, and recent graduates the basics of economics, computer skills, and business-plan preparation through activities that lead to personal and professional development.
Students also have the opportunity to meet and seek advice from Native American business professionals through classroom visits and field trips to nearby native-owned businesses. At one of the culminating events of the camp, the Youth Marketplace, students get a taste of what it's like to run their own businesses using what they learn in the camp classes. The Business Plan Showcase presents business plans that students prepare throughout the camp, providing prizes for the most promising ideas.
Source: MarketWatch
PRINCETON, NJ, Oct 28, 2008 (MARKET WIRE via COMTEX) -- Educational Testing Service(R) (ETS(R)) today announced the introduction of a new GRE(R) Comparison Tool for Business Schools at its website www.ets.org/gre/comparison. The online tool offers business schools a way to predict Graduate Management Admission Test(R) (GMAT(R)) scores from Graduate Record Examinations(R) (GRE) General Test scores.
PRINCETON, NJ, Oct 28, 2008 (MARKET WIRE via COMTEX) -- Educational Testing Service(R) (ETS(R)) today announced the introduction of a new GRE(R) Comparison Tool for Business Schools at its website www.ets.org/gre/comparison. The online tool offers business schools a way to predict Graduate Management Admission Test(R) (GMAT(R)) scores from Graduate Record Examinations(R) (GRE) General Test scores.
The comparison tool was developed in response to requests from business schools for information to help them evaluate applicants who submitted GRE scores for admission to MBA programs.
The predicted GMAT scores produced by the tool are calculated based on analyses of test scores from individuals who took both the GRE General Test and the GMAT exam under standard testing conditions between January 2006 and July 2008.
Read more...
Read more...
A Few Pointers on the Letters of Recommendation
1. Don't get one from Lee Iococca. There's nothing wrong with Lee (not that I know of, anyway), but he doesn't really know you and it shows in his letter. The most common mistake applicants make with respect to the letter of recommendation is getting one from a hotshot at work or from a brand name like Lee Iococca. The admissions people are not impressed by your boss's boss's title, and they are regularly bombarded by generic recommendations from celebrity business people. So don't send them another.
You need a recommendation from someone who knows you well, preferably someone who works with you daily and can provide personal insight into your character. The job title of that person is meaningless to the admissions committee.
(And just to confirm, yes, my students have submitted recommendations from brand names ranging from Lee Iococca to Charles Schwab. In fact, the person who submitted the Lee Iococca letter and the person who submitted the Charles Schwab letter ended up at the same MBA program.)
2. Have your recommender discuss specific details of the jobs you've done. Detailing specifics will shed more light on your personality than will mouthing vague platitudes such as, "Billy will make a good leader" and "I think he is very conscientious."
3. This one may sound a little obvious, but pick someone who can write! You know Maury, the section manager who thinks you're the greatest thing on earth but who reads at a 3rd grade level? Don't ask him for a recommendation.
4. When the recommendation asks for a flaw or area of personal improvement, don't let your recommender say, "Billy works too hard." No one buys that line.
5. Give your recommender an outline of the assignments you have handled at work. Include in that outline some suggestions on how he might address specific issues such as leadership potential and motivation for attending business school. In addition to improving the recommendation, providing this information should encourage your recommender to write the letter himself rather than ask you to do the dirty work.
Job searching is almost like shoe shopping. You walk into the shoe store and point out the type of shoe that you want, the color, and your size. The salesperson goes to the back of the store to check and see if they have a perfect match. They know their inventory better than you do, so no matter how much you want a particular shoe, if they don't have it, they have to tell you "Sorry, we don't have a match!" If that happens to be the case, all you can do is:
1. Try another store that may have a similar type of shoe or
2. Look for a different type of shoe in the same store
When a particular store doesn’t have the shoe that we want, we rarely look at it as a negative reflection of our physical self. We don’t say to ourselves, “My foot is too big” or “My foot is too average.” In the same way, when jobs don’t work out, we shouldn’t say to ourselves, “I’m not unqualified” or “I’m just too average.” Most people look at rejection from a job as a bad thing when in reality it is just a data point. Employers are looking for fit and as an outsider looking in, you can never possibly know as much about the company as an insider regardless of whether you read the websites, talk to employees, and even visit the office.
When a particular job (or shoe) is in high demand, oftentimes finding the perfect match is matter of persistence and luck. If you don’t land the job you’re looking for the first time:
1. Try another company (perhaps less brand name) that may have a similar type of job and better fit for you or
2. If you really like the company, look for a different type of opportunity within the same company
Have you ever bought a pair of shoes that didn't fit? Even if you have to walk barefoot for a while, know that there is a perfect match out there for you. There is nothing more painful than a pair of shoes that don't fit, so be patient and keep shopping.
Jullien Gordon
The Personal Development Guru
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Source: BusinessWeek Online by Lindsey Gerdes
Elana Gerasimova spent the summer of 2006 working as an intern for JPMorgan's emerging markets desk. The University of Pennsylvania senior enjoyed the summer in New York because of the variety of tasks she was given and the executives she had the opportunity to work with. "They really made a point to give us actual projects," says the 22-year-old native of Bulgaria. "I loved it and then I got an offer to come back." Now Gerasimova is a first-year analyst with JPMorgan (NYSE:JPM - News) investment bank, No. 8 on BusinessWeek's inaugural 50 Best Internships ranking.
Getting an internship used to mean a 10-week exercise in photocopying, sorting mail, filing, and fetching sandwiches. If you were lucky, there might be a company-wide picnic thrown in. Forget that image. The college internship has become nothing less than a high-stakes tryout to land the perfect first job. Think of it as the job interview that lasts all summer long.
