I, The Absolute

Archive for June 1st, 2005

The relevance of GMAT……..

Posted by itheabsolute on June 1, 2005

• What is a subject when a normal brain cannot comprehend? Multiple regression is an awesome tool that a manager can have. Decision making can get very precise. I can think of so many instances where decisions were inappropriate because data was not properly interpreted. Regression is a treat to a logical mind. But, there is more to it. The concept is difficult to comprehend, at least for me. Give me data modeled by regression, I can get close to interpreting; try and make decisions. Give me data and ask me to model one, sure, I cannot. But why should I worry. I am not going to go to a role where I would be required to ‘do’ regression per se. Good enough if I can make out what is being presented and ask some smart questions. Before that I will need to clear the stats exam. Will I? My marks in the mid-term gave me a scare. Contrary to my expectations I did not fare as well as I had thought I would.

• I don’t know why b-schools get so particular about GMAT. If my GMAT score was any representation of my quant ability, and thus performance at b-school, then I should be having a rocking time here. Far from it. My 720 was driven more by my verbal score and not necessarily math. I don’t find any correlation between the score and my own performance. Am I the exception? Don’t think so. Or is it that as the time passes by, I will start doing well justifying my GMAT score.

• The entire milieu at ISB is eerie. With exams just 5 days away, recreation centre and other popular spots look deserted. More people are missing morning classes; more of those attending are dozing off in the class. Thankfully, the Profs don’t mind students sleeping. I guess they would intervene if the students get to snoring. I also see pale faces going about the campus. Mine included. Most of the souls are worried about Eco and Stats. Not necessarily because they are tough; but because they are closed book exams. Marketing and Accounting will be open book exams.

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