u/Graeme_GMAT_Panda

Elective Mix of Top MBAs
▲ 19 r/MBA

Elective Mix of Top MBAs

Had a go at comparing MBA elective portfolios to see if there are any strong biases (~800 or so electives so most of their portfolios since not everything is public)

Columbia/Booth/LBS -> quite finance focused as expected (Wharton too but less visible, and for example a lot of the Real Estate electives are finance focused)
Kellogg -> Most marketing focused (but also surprisingly quite a lot of finance)
MIT -> Biggest proportion of technical oriented electives among schools
HBS/Stanford/INSEAD --> Big on entrepreneurship

Obviously how you categorize an elective is debatable!

u/Graeme_GMAT_Panda — 1 day ago
▲ 8 r/GMAT

A keyword list for translating word problems in Quant

I've put together a list of typical keywords to look out for when translating word problems. I may have forgotten some so feel free to add!

For those who don't already know:
1/ word problems are common in Quant
2/ translating the english into math is essentially the most important and often most challenging step. If you create the wrong equations, it doesnt matter how well you do on the following calculations, you'll get the question wrong :/

A good strategy is to break the question into fragments (sentence by sentence or sometimes smaller), and use these keywords to turn text into math

For example, if we take the below question

There are five sales agents in a certain real estate office. One month Andy sold twice as many properties as Ellen, Bob sold 3 more than Ellen, Cary sold twice as many as Bob, and Dora sold as many as Bob and Ellen together. Who sold the most properties that month?

If we call
A = number of properties Andy sold
E = number of properties Ellen sold
B = number of properties Bob sold
C = number of properties Cary sold
D = number of properties Dora sold

“Andy sold twice as many properties as Ellen”: --> A = 2E

“Bob sold 3 more than Ellen”: --> B = E + 3

“Cary sold twice as many as Bob”: --> C = 2B

“Dora sold as many as Bob and Ellen together”: --> D = B + E

The rest is then about solving the equations

Hope this helps! ʕ•ᴥ•ʔ

u/Graeme_GMAT_Panda — 3 days ago
▲ 3 r/GMAT

Why you keep making silly mistakes on GMAT Quant (and how to fix it)

Silly mistakes in calculations are close to universal among GMAT test-takers. Fifty years ago, students spent hours every day doing multi-step arithmetic by hand. Today people use calculators, excel or AI and our mental focus and stamina for extended arithmetic is much worse

Many test-takers blame themselves: "Math just isn't my thing" or "It's my ADHD". The reality is nowadays everyone has this tendency to some degree. The solution is to build a checking process rather than write off a category of errors as inevitable.

A common (and incorrect) image of a high GMAT scorer is someone who reads the question once, works through each step cleanly, and picks the right answer. In practice, strong performers re-read questions and double-check key steps. What may seem effortless is usually the output of a verification habit.

Yes, checking does cost time. But we can offset that from making educated guesses, estimations and choosing methods to avoid large calculations. Across a full Quant section, a robust checking process leads to far more correct answers than a faster but error-prone approach.

One more reason this matters: the GMAT's adaptive engine is particularly harsh on mistakes at lower difficulty levels. Getting an easy question wrong has a bigger downward effect on your score than missing a hard one.

But what's the best way to proof read a calculation? Don't try to check everything in parallel, but break it down into separate checks

Below is an example with some variables (x and y), signs and numbers. Not every GMAT calculation looks like this, but the principles can be used in other types of questions

Let's say we have the following

−2xy²(4x² − 5y² + 3xy)

Say in the next line in our notes we write down this:

−8x³y² − 10xy⁴ − 3xy³

Multiple errors are hiding in there. Can you spot them? Her'e a good way to proof-read**,** by focusing on one thing at a time

Signs pass (ignore all numbers and variables, only look at + or −):

  • Term 1: negative × positive = negative ✓
  • Term 2: negative × negative = positive, but we wrote negative ✗
  • Term 3: negative × positive = negative ✓

Coefficients pass (ignore signs and variables, only look at the numbers):

  • Term 1: 2 × 4 = 8 ✓
  • Term 2: 2 × 5 = 10 ✓
  • Term 3: 2 × 3 = 6, but we wrote 3 ✗

x exponents pass (same method) would also catch that Term 3 should have x² since x¹ × x¹ = x², but we wrote x¹. We could then do the same on y exponents (but there are no mistakes in that one!)

Corrected result:

−8x³y² + 10xy⁴ − 6x²y³

It may feel like it takes a long time to do, but the more you do it the faster you'll get. What takes time is jumping contexts between signs, numbers, exponents, etc. But doing one thing at a time effectively reduces that context switching and also reduces the likelihood of getting confused or mixing things up.

Hope this helps!
ʕ•ᴥ•ʔ

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u/Graeme_GMAT_Panda — 7 days ago
▲ 79 r/MBA

A lot of admits, especially career changers, get caught by surprise with recruitment during the MBA, and if you're not careful this can mess up the whole experience.

A few things many wish they knew before starting:

1/ Start before orientation
Recruitment windows are narrow and run in parallel. You usually have less than a few weeks before banking and consulting interviewing start. Arriving with a rough target beats arriving with a 'I'll have time to explore' attitude. If you want to go into banking start preparing now. If you're not sure what you want to do start ruling out some options now. Best way to do that? Talk to people in that job / career now. Message a few on Linkedin and ask for advice and a 5min call, in most cases someone will answer.

2/ If you're relying on career services to get you a job, forget about it
Not all MBA career services are great, but even the best ones are not going to be experts at all career paths. Usually they do a pretty decent job in banking and consulting since so many admits go into that, but for anything off the beaten track alumni are probably your best bet. Their main value is in transverse skills (CV feedback, mock behavioral style interviews (not technical interviews!), presentation coaching etc.). It's the same as in a company, you can't rely on HR to plan out your career for you, you have to do that yourself.

3/ The best way to explore a career is to work in it
If you're a career changer and want to use the MBA to explore, no amount of research or chats tells you as much as a few months on the job, so aim to do an internship or even several. I did three internships in my MBA!

4/ Most company presentations suck, so choose them wisely (edited)
There's a difference between networking and attending career presentations. There's a need for networking in certain careers, but that is more about quality than quality (doing your research and preparing opinions or good questions rather than just turning up to a presentation and say 'hi, I really like your firm'.
Career event FOMO is real, and it's expensive. Most career presentations you get far more attendees than reps from the company so you sit through 1h of presentation to get 3 mins of networking 10-1 (10 attendees per rep) at the end. If that's the company you really want then go to it, but my main point is that a lot of people just show up to all presentations without really planning things properly - better to go to a selected few and spend the extra time preparing). A lot of the firms where networking is important will organize separate events outside of the presentation (usually at their office or in a venue). Those are the ones that you need to get into and be prepared for.

5/ Those who don't get an offer within the first 6-12 months will start panicking
When many of your friends start getting offers and you don't - it's tough for multiple reasons. Your ego takes a hit, you start worrying about the RoI of the whole MBA, but also you cant relax and do all the other MBA stuff your friends now have more time to do. Be prepared for this because it can happen to all admits. Keep your focus and stick to your priorities, whatever they are. For some career paths it's normal to not get an offer until late into the program.

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u/Graeme_GMAT_Panda — 8 days ago
▲ 79 r/MBA

One year out of a top MBA program, many graduates will privately admit they're not fully satisfied with their first role. This doesn’t mean they should not have done an MBA, it's just how the career path tends to work, and if you're considering an MBA it's worth understanding why.

Most MBA roles are designed to bring in flexible, versatile talent rather than leverage your specific background.
Why? Because if they wanted a specific background (e.g. retail), they would not recruit from an MBA since each class will only be a small percent with that background. So they have to design the MBA role to be a generalist one rather than a specialized one.

That means in your first job you'll likely do a bit of everything, and your pre-MBA skills will be "nice to haves" rather than core requirements. (e.g. they wont care in most cases). This is fine if you wanted to leave your pre-MBA world forever, but you may still find it frustrating that you don’t your opinion doesn’t count as much as it did before, when your role happens to touch on things you do know about.

The 2nd role is where things really open up.
Corporate strategy teams, business development, mid-level PE, specialized consultancy roles, etc. These positions value both your MBA skills AND your experience (usually your post-MBA experience, but sometimes also your pre-MBA experience). The hours tend to also get a bit better (or at least your effective hourly rate)

So why don't more people switch earlier?
Mostly practical stuff: loans to pay back, sign-on bonus clawbacks, and the sheer difficulty of job hunting while working long hours. It's a real constraint, but knowing it exists helps you plan around it from day one.

Anyone else experience this arc? Would love to hear from people who took the ops or entrepreneurial route too — seems like a very different journey.

The first role is a stepping stone, and the best thing you can do is treat it as one. In retrospect I see my 2 years of MBA + 2 years of consulting as 4 years of career transition.

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u/Graeme_GMAT_Panda — 10 days ago
▲ 2 r/GMAT

Just went down a rabbit whole of comparing gmat scores across countries (it's Friday!)

Countries selected here are bit random (some of the biggest countries + a few of the highest movers). Let me know if you want me to add any other in particular

Shift to GMAT Focus seems to drive percentiles up, but in different ways depending on country

u/Graeme_GMAT_Panda — 14 days ago
▲ 68 r/MBA

The hardest skill you'll develop has nothing to do with finance or strategy — it's just deciding what to say yes / not to. The FOMO thing is not a myth. Every week you're choosing between career events, club meetings, school trips, social dinners, actual studying, and trying to sleep occasionally.

Not that the above screenshot was after recruiting, so first term was even worse lol

Below are some thoughts on how to spend your time:

Career activities

If you're aiming for a role in finance, you'll need to spend a lot of time on research and networking, as well as attending career events and interview prep. This is less the case in consulting, but still requires quite a few weeks of case and interview practice if you want to get in. For corporate and tech roles, it very much depends on the field. Ask alumni and find out what they did.

Club & campus life

Beware of clubs you want to join just out of curiosity. If you're not planning on taking an active role, that time may be better spent elsewhere. At the same time, go all in on one or two. Do something you've never done before and actually create something (e.g. organize a TEDX event from scratch)

MBA social life

The truth is that the strongest bonds are often built in social activities. So if you want your peers to remember you after the MBA, and post-mba network is important, you'll need to have some social presence. But if you're an introvert make sure you have that down time

Personal relationships

It's not a myth that MBAs lead to divorces, but it's also true that people change a lot during MBAs. A divide may appear between you and your partner or friends. It's important to keep in touch with people who matter to you, and take them through your journey so they can relate.

Health & maintenance

If you're too tired or stressed, you will be much less effective at getting things done and making decisions, which will compound the problem. This will stay true after the MBA and life will not get more relaxed, so this is a good opportunity to find a sustainable routine that works for you

Ideally you want to revisit every week / month how much time you spend on each of these and reorient if needed. For those starting an MBA this fall - have fun and make the most of it. I'm slightly jealous :D

u/Graeme_GMAT_Panda — 15 days ago
▲ 22 r/MBA

Congrats on those who have been admitted! Most people treat this window as dead time, but here are some tips on how to make the most of it:

Take some time off . MBA life can be intense. Arriving rested is worth more than squeezing out a few extra paychecks before school starts.

Invest in your relationships. The MBA will strain them. so use this period to spend real time with the people who matter most to you.

Get clear on your priorities before you arrive. FOMO is real. Every day involves trade-offs between clubs, recruiting, academics, and socializing. The clearer you are going in, the easier those calls become.

Find housing early. Good MBA apartments get passed between cohorts. Arrive late and you'll scramble. Arrive early and you'll likely inherit somewhere well-optimized, with tips from the previous tenant.

If you're targeting a finance job, start preparing now. Recruiting hits you hard when you've just arrived, and if you wait you'll have a disadvantage compared to those who have done more reading on deals, thought about their investment theses, and networked with target firms. It's less important for consulting and corporates.

Handle admin before things get busy. Direct debits, cleaner, food/shopping delivery etc. Set it up now. You won't have time for much life admin during the course.

Do some pre-reading if you're not from a finance or analytics background. Stats and finance come up fast. A bit of prep buys you time for higher priorities later.

Consider traveling before school. Organized trips happen during the MBA, but they don't leave much downtime. A pre-term solo trip is good way to spend time thinking about what you want to get out of the next few years.

Show up to the pre-term socials. Social circles form fast once class starts. The pre-term window is your best shot to meet people outside your eventual study group or club.

Make the most of it. It will most likely be one of the best periods in your life!

Happy to answer questions from anyone starting this fall.

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u/Graeme_GMAT_Panda — 16 days ago