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What is Optional Practical Training?

From Yale University
Optional Practical Training (OPT) is temporary employment authorization that gives F-1 students an opportunity to apply knowledge gained in the classroom to a practical work experience off campus. You may use some or all of the available 12 months of practical training during your course of study or save the full twelve months to use after you complete your studies . Authorization for optional practical training is granted by the U.S. Citizenship and Immigration Service (USCIS) – formerly known as the Immigration and Naturalization Service or INS – and can take at least 90 days and frequently up to 120 days to obtain. It is important that you apply for the authorization at the earliest possible date.


What are the Eligibility Requirements for F-1 Optional Practical Training?
To be eligible to apply for optional practical training, you must:
have been in full time student status for at least one full academic year preceding the submission of your OPT application
be maintaining valid F-1 status at the time of the application, and
intend to work in a position directly related to your major field of study.
When should I apply?
If you are a student completing the first academic year of study (or are in a one year program), the earliest you can submit the application is 90 days prior to the date you complete your first academic year.
If you are beyond the first year of study, we recommend you submit your application no earlier than 120 days prior to the start date you request for your OPT.
If you are applying for OPT based on completion of all coursework and/or completion of your academic program, you must submit an application for optional practical training prior to your completion date. Applications received at USCIS after the completion date will be denied.
Applications will be accepted by OISS at your pre-scheduled OPT appointment.
Dates of OPT Authorization. The OPT card is approved for a specific beginning and end date. You must identify those dates on the OPT Request Form. For OPT after completion of studies or graduation, the beginning date can be no later than 60 days after the date you complete your studies. If you have questions about your OPT dates, please discuss this with an OISS adviser.
How do I apply for OPT?
OPT must be recommended by the OISS before submitting the application to USCIS. Your first step is to schedule an appointment with our office. To schedule, email sarah.henderson@yale.edu or stop by the office to sign up. Time slots will be available Tuesday through Friday, from February 1st – March 31st . Appointments will be scheduled in small group format, with time for individual questions. The session will last no longer than one hour. Your OPT applications will be reviewed for completeness and accepted for processing at the close of the session.

MBA – American Universities With Financial Help

(If you cannot view the table properly please click the Headline of the article)

School

State

Mean GMAT: Full-time Students

Minimum TOEFL Score

Availability of aid

U.S. News Rank

Brigham Young University (Marriott)

UT

653

240

Aid available (international students)

40

Carnegie Mellon University (Tepper)

PA

691

250

Aid available (international students)

17

Cornell University (Johnson)

International students have several options available if they wish to borrow to help meet their educational costs. The Johnson School has partnered with Citibank to offer its international students up to $23,000 in loan funds. Students must have verifiable assets equal to or greater than the amount of the loan they are requesting. This loan requires no cosigner, but offers a cosigner option if the student borrower does not have the required assets to qualify for the loan. The cosigner (regardless of citizenship) must document they have the assets to qualify for the loan. The Access Group also offers a signature loan to international students with a three-year credit history in the United States.

Student loans may not be used on the declaration of finances form. Once you receive your student visa you can apply for student loans

NY

673

250

Fellowships available: 55
Aid available (international students)

The Johnson School has over $1 million in merit-based scholarship funds to award each year to new and returning students.

Almost 30 percent of Johnson School students receive some scholarship.All our scholarships are awarded based on merit regardless of citizenshipolarship assistance.

15

Duke University (Fuqua)

NC

705

250

Aid available (international students)

11

Emory University (Goizueta)

GA

680

250

Aid available (international students)

18

Georgetown University (McDonough)

DC

662

250

Aid available (international students)

27

Georgia Institute of Technology

GA

655

250

Aid available (international students)

32

Harvard University

MA

707

253

Aid available (international students)

1

New York University (Stern)

Stern is proud to offer a comprehensive international student loan program.

NY

700

250

Fellowships available: 370
Teaching assistantships available: 596

Aid available (international students)

13

Ohio State University (Fisher)

OH

664

250

Aid available (international students)

21

Purdue University–West Lafayette (Krannert)

IN

667

230

Aid available (international students)

23

Stanford University

CA

711

250

Aid available (international students)

2

Tulane University (Freeman)

LA

655

250

Aid available (international students)

45

University of California–Berkeley (Haas)

CA

701

230

Aid available (international students)

6

University of California–Davis

CA

678

250

Aid available (international students)

42

University of California–Irvine

CA

658

250

Aid available (international students)

49

University of California–Los Angeles (Anderson)

CA

705

260

Aid available (international students)

11

University of Chicago

Financial aid information is sent to prospective students upon admission to the program. You will not need to apply for scholarships or loans until such time. Chicago GSB offers two loan programs for international students – one that requires a co-signer from the U.S. and one that does not. All ADMITTED international students will be directed to a web site to request a loan application. The loans can be used for the I-20 visa application process.

IL

695

250

Fellowships available: 5
Aid available (international students)

8

University of Florida (Warrington)

FL

666

250

Aid available (international students)

42

University of Georgia (Terry)

GA

663

233

Aid available (international students)

45

University of Maryland–College Park (Smith)

MD

651

250

Aid available (international students)

27

University of Michigan–Ann Arbor (Ross)

MI

690

250

Aid available (international students)

10

University of Minnesota–Twin Cities (Carlson)

MN

655

240

Aid available (international students)

23

University of North Carolina–Chapel Hill (Kenan-Flagler)

The Kenan-Flagler Business School, through a partnership with CFI, offers the EXTRA MBA Loan for international students

No cosigner is required

 

NC

652

250

Fellowships available: 69

Aid available (international students)

Merit fellowships are awarded to 25% of our students. UNC awards are made to international and U.S. students

21

University of Notre Dame (Mendoza)

IN

657

250

Aid available (international students)

32

University of Rochester (Simon)

NY

665

250

Aid available (international students)

23

University of Southern California (Marshall)

CA

685

250

Aid available (international students)

26

University of Texas–Austin (McCombs)

TX

670

260

Fellowships available: 10
Teaching assistantships available: 31

 

Aid available (international students)

18

University of Virginia (Darden)

For international students, there are several merit-based scholarships available as well as student eligibility for third party loans.
In order to borrow money, the amount to be borrowed must be listed on the application for I-20.

VA

680

we do not consider the GPA in our evaluation.

250

Fellowships available:131
Aid available (international students)

14

University of Washington

WA

677

250

Aid available (international students)

18

University of Wisconsin–Madison

WI

658

250

Aid available (international students)

37

Yale University

CT

696

250

Aid available (international students)

15


RELATED ARTICLES

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Ranking of MBA Programs – Based on Placement and Average Earnings

Getting into a Top MBA Program

Business School Essay Topics

Are Green-Horn Applicants Acceptable by Business Schools?

WSJ Rankings Comparison of Top Business Schools

Career Enhancement Potential’ Ranking of Business Schools-Financial Times

Top Business Schools – WSJ Ranking 2007

Recruiters’ Top MBA

Comments about The Best B-Schools of 2006

B-Schools Ranking – Placement within 3 months

All You Wanted to Know about Top MBA Programs – BW

MBA DEADLINES

Canadian MBA

 

Cost of Attending School

YEARLY COST OF ATTENDING UNIVERSITIES FOR NON RESIDENTS.COST IS EQUAL TO FEES +LIVING COSTS.
YEAR IS EQUAL TO TWO SEMESTERS.

(Data Collected in 2005. Please verify and get the latest information from the school’s web site)
.

UPTO $10,000
1.South Dakota State Univ.
2.University of Georgia
3.Utah State University
4.University of Texas, Elpaso
5.Arizona State University
6.Mississippi State Univ.
7.Louisiana Technological University
8.University of Texas, Arlington
9.University of Wyoming
BETWEEN $10,001- $15,000
1.Texas Technological Univ.
2.New Mexico Institute of Mining & Technology
3.University of Missouri, Columbia
4.University of Central Florida
5.University of Nebraska, Lincoln
6.Montana State University
7.University of Louisiana, Lafayette
8.Wichita State University
9.Louisiana State Univ, Baton Rouge
10.University of Alabama, Tuscaloosa
11.University of Arizona, Tuckson
12.North Carolina A&T University
13.University of Texas, Austin
14.Western Michigan Univ.
15.Tennessee Tech. University
16.Univ. of Texas, Dallos
17.Univ. of Mississippi
18.New Mexico State Univ.
19.Idaho State University
20.Cuny, City College
21.University of Houston, Houston
22.University of North Carolina, Charlotte
23.University of Utah
24.University of Neveda, Reno
25.University of Alabama, Huntsville
26.University of Massachusetts, Amherst
27.University of Missouri, Rolla
28.Michigan Technological University
29.University of Dayton
30.New Jersey Institute of Technology
31.State University of New York – Stony Brook


BETWEEN $15,001- $20,000
1.University of South Florida
2.University of Tulsa
3.University of Alabama, Birmingham
4.University of Maryland, Baltimore Country
5.Iowa State University
6.New Jersey Institute of Tech.
7.Soutern Illinois University Carbondale
8.Marquette University
9.University of Iowa
10.University of Akron
11.University of North Carolina, Chapel Hill
12.Portland State University
13.Universtiy of Minnesota, Twin Cities
14.University of Tennessee, Knoxville
15.Texas A&M University, College Station
16.Clemson University
17.Wright State University
18.Suny, College of Enviornment Science & Forestry
19.University of Cincinnati
20.Virginia Polytechnic Univ. & State University
21.University of Hawaii, Manoa
22.Oregon State University
23.Florida International University
24.Michigan State Univ.
25.Georgia Institute of Tech.
26.Illinois Institute of Tech.
27.Howard University
28.Univ.of California, Santa Barbara
29.Rutgers State Univ.of N J
30.George Mason University
31.Univ. of California, San Diego
32.University of South Carolina
33.Northeastern University
34.Ohio University, Athens
35.North Carolina State University , Raleigh
36.Colorado State University
37.Virginia Common Wealth University
38.University of Florida
39.University of Illinois, Urbana Champaign
40.Oakland University
41.University of Toledo
42.University of California , Santa Cruz
43.Wayne State University
44.Worchester Polytechnic Institute
45.Pennsylvania State University, University Park


BETWEEN $20,001- $25,000
1.University of Delaware
2.New York State College at Alfred University
3.Univ. of California, Berkeley
4.Univ.of Connecticut, Storrs
5.University of Illinois , Chicago
6.University of Maryland , College Park
7.Purdue University,West Lafayette
8.University of California, Riverside Bourns
9.University of California, Davis
10.Syracuse University
11.University of Washington, Seattle
12.Southern Methodist Univ.
13.Indiana University, Purdue University, Indiana Polis
14.Yale University
15.Rice University
16.University of Southern California
17.University of Wisconsin, Madison
18.University of California, Los Angeles
19.Drexel University
20.Florida Atlantic University
21.Colorado School of Mines
22.University of Virginia


ABOVE $25,000
1.Duke University
2.Auburn University
3.Clarkson University
4.Case Western Reserve University
5.Stevens Institute of Technology
6.University of California, Irvine
7.Catholic University of America
8.Vanderbilt University
9.Ohio State University
10.Lehigh University
11.California Institute of Technology
12.University of Notre Dame
13.Oregon Graduate Institute of Science&Technology
14.University of Michigan, Ann Arbor
15.Tulane University
16.University of Rochester
17.Cornell University
18.Washington University in St. Louis
19.Northwestern University
20.Boston University
21.Harvard University
22.Princeton University
23.Tufts University
24.John Hopkins University
25.Carnegie Mellon University
26.Columbia University
27.Dartmouth College
28.University of Colorado, Boulder
29.Rensselaer Polytechnic Institute
30.Massachusetts Institute of Technology
31.Brown University
32.Stanford University

Required Financial Documents for International Students

International Students are required to file financial documents along with their admission applications.

Here are some tips on Financial Documents which may help you.

1.Financial Statements what they are?

Financial statements are meant to show to the universities that you or your sponsor have enough liquidity to finance your study and living expenses while you are a student in the American University.

This is a requirement by law and you have to provide it . There is no waiver on this score.

2.What does liquidity imply?

Cash in the saving bank account,Fixed deposits in the bank,savings in the post office accounts. I call these as “Pure Liquid Assets” and if you have these then there is no hassle with the universities.

People who do not have enough funds in the above do group some allied items in their Financial Statements. These I call as “Allied Liquid Assets”. Demat accounts, PF, Life Insurance Policies are normally mentioned here.

Some Universities do accept the Allied Assets and some do not. It is a matter of convincing the univs.

3.How much funds need to be shown?

You have to show two semesters cost comprising of Fees,living and miscellaneous expenses.

Check the universities requirements on these and show the funds accordingly.Each university has it’s own cost structure.Select the universities you want to apply and prepare the documents showing the highest expenses. This is done in order that you use the same Financial statement for all your Universities.

Note Read below “What if you I target for assistantship”

4.How to prepare the affidavit?

The affidavit of support should be on a stamp paper and attested by a Notary Public after your sponsor signs it.

This is done to impress the university otherwise it has no legal standing in USA.

The affidavit should carry supporting documents from your(sponsors) bank certifying the amount you are having in your account. For FDs get another certificate. Similarly for other items.

Remember that you are targeting several universities This implies that all your affidavits and bank certificates should be sent in original to each univ. So prepare as many as you intend applying plus one or two more. Preferably send the University’s financial forms along with your affidavit

5. When should the financial affidavit be sent?

It is best to send it along with the application. This helps the university. Sending it later some times causes hassles to coordinate the documents.

However if you are not prepared with them you can send these documents later when the univ asks for them. This will not affect your admission decision.

6.What if I target for assistantship?

If you are targeting for assistantship and are confident that you will get it and have decided not to go to a particular university unless the assistantship is granted you need not send the financial documents initially.

If any assistantship is granted you can reduce the amount of grant from the required finances and prepare the document accordingly.

7. I do not have funds so how should I go about?

People propagate several unethical ways do this. I do not.

Maybe with experience I have mellowed down .

Enough to say that I know some universities do verify with the banks about your documents. If you are caught on the wrong foot then there is no one to save you. The adviser shall not come forward nor the person who prepared the documents for you.

I can only comment that there are legal ways to overcome this difficulty. Use your ingenuity.

To this I will add that over 50% of persons who aspire to study abroad face this difficulty and your are not unique in this.

Think and you will find a correct and legal way out.

8.What is the period of validity of these documents?

About 4-6 months.

9. Can I use these financial documents for Visa purpose?

Yes and No.

While you must carry these documents while going for visa however it will be prudent to prepare separate documents when you go for visa.

More on this later.

Good Luck

NBS

Best Undergraduate Colleges and Schools Part 1

School Fees $ TOTALEnrollment INTlEnrollment IntlFinancialAid
01 HARVARD 32164 18103 472 YES
02 PRINCETON 31599 6200 450 YES
03 STANFORD 30939 14219 240 YES
04 YALE 31940 11059 326 YES
05 CALTECH 25476 1973 84 YES
06 MIT 31900 9947 334 YES
07 AMHERST 31819 1664 64 YES
08 BROWN 32280 7758 396 YES
09 COLUMBIA 32706 3913 146 YES
10 DARTMOUTH 31983 5308 225 YES
11 SWARTHMORE 31690 1467 106 YES
12 WILLIAMS 31520 2162 116 YES
13 DUKE 31009 11589 230 YES
14 RICE 21346 4062 NO
15 UPenn 31592 22148 835 NO
16 CORNELL 31675 18914 996 YES
18 HAVERFORD 31400 1118 28 YES
19 JOHN HOPKINS 31530 5022 223 NO
20 MIDDLEBURY 31600 2265 166 YES
21 NORTHWESTERN 30610 15406 250 NO
22 POMONA 30920 1549 35 YES
23 UNIV OF CHICAGO 32204 12117 173 YES
24 BOWDOIN 31475 1583 38 YES
25 CARLETON 28230 1881 28 YES
26 HARVEY MUDD 30100 899 15 YES
27 WELLESLEY 30554 2240 120 YES
28 WESLEYAN 31630 2900 99 YES
29 CLAREMONT McKENNA 27870 1025 46 YES
30 GRINNEL 25060 1335 119 YES
31 WASHINGTON & LEE UNIVERSITY 22655 2096 53 YES
32 Barnard 31400 2270 78 NO
33 DAVIDSON 28568 1623 51 YES
34 EMORY 30780 11000 141 NO
35 VASSAR 31010 2350 113 YES
36 BRYN MAWR 31460 1779 101 YES
37 MACALESTER 26448 1794 198 YES
38 SMITH 30442 2778 162 YES
39 U Cal-BERKLEY 30290 772 NO
40 BATES 31400 1650 90 YES
41 CARNEGIE MELLON 28730 8436 745 NO
42 COLBY COLLEGE 31580 1764 124 YES
43 COLOMBIA UNIV / FU FOUNDATION 32706 138 NO
44 OBERLIN 30442 2973 170 YES
45 REED 30700 1353 101 YES
46 TUFTS 32126 8742 376 YES
47 UNIV OF NOTRE DAME 27980 10275 124 NO
48 UNIV OF VIRGINIA 8719 22433 455 NO
49 WASHINGTON UNIV IN ST.LOUIS 30947 349 YES
50 BRANDEIS 32289 4527 166 YES

  

Calculating Costs

Note that the yearly costs given below are rough estimates. Costs such as
tuition and fees will vary between different schools. Costs such as travel
and room and board will vary between different cities in the US.
Also, you should assume about a 5% increase per year for each cost. This is
due to inflation.

Tuition
Tuition will be the largest component of your education cost. It will vary
widely between different schools, so it is best for you to refer to the
schools where you are planning to apply to get a realistic amount. As a very
rough guideline, the cost for tuition can range from $10,000 to $35,000 per
year. Public schools will typically charge lower tuition than private
schools, and community colleges usually have the lowest tuition costs of all
public schools.

Room and board
This is normally the second largest component of your education cost. The
cost for room and board can also vary widely between schools, so you should
check with the schools where you are planning to apply to get the right
estimate. A rough guideline is between $3,000 and $9,000. If you are
considering living off campus and getting your own apartment, you will also
need to calculate the cost of furnishing that apartment, paying your monthly
utilities (such as electricity), and the cost of transportation to and from
school. The most practical and economical choice for a first year
international student is often to live on campus with a roommate at least
for the first semester. You should note that residence halls will often
close during the summer. If you will not be returning to your home country
during that time, you will have to find alternate housing.

Fees
In addition to tuition, most colleges and universities will also charge
fees, such as student activity fees.
These help to support student clubs and organizations on campus. They are
usually relatively small, only a few hundred dollars per year.

Books and supplies
Students must pay for all their text books, as well as supplies such as
notebooks, paper, pens, etc. You can sometimes lower this cost by buying
used books from the school’s bookstore. A good estimate for this cost is
between $500 and $1,500. It will be cheaper to take books from India.

Medical insurance
Because the cost of healthcare in the US is very high, many schools require
international students to purchase medical insurance. It is a very good idea
to buy insurance even if your school does not require it to protect yourself
from extremely high medical bills should you become ill or has an accident.
A comprehensive insurance policy (which covers doctor’s visits, medication,
hospitalization, and surgery) will cost between $500 and $1,000 for one
person.

Travel
You should calculate how much it will cost you to travel between your school
and your home country. You will need to determine how many times during the
length of your education you will go home and multiply that by the cost of
airplane fare between the two locations.

Personal expenses
These expenses include clothing, entertainment, and telephone bills. This
will vary depending on where you will live and on your personal lifestyle;
therefore, it is difficult to provide an estimate.

When preparing a budget, you will need to account for the following costs:

Application fees average $50 to $100 per school For Business Schools it is
almost 100% more.
Academic entrance examinations will cost you about $130 to $200 per
examination, and most students take at least two tests. Assume that you will
be spending at least $500 on tests.
Tuition and fees will cost between $5,000 and $30,000 per academic year
(nine months), depending on the type and quality of institution.
Books and study materials will cost $500 to $1,000 per academic year.
Travel costs to the US vary, but will be between $500 and $2,000. Travel
costs within the US will be between $500 and $1000.
Room and Board will cost between $3,000 and $7,500 per academic year.
Allow an extra $1,000 to $2,000 for vacation periods when the dormitory
might be closed.
If you will be living off campus, the cost of renting an apartment will be
between $300 and $600 a month, but could be substantially higher depending
on the location of the school. Meals should cost about $2,500 a year,
assuming that you do not eat in restaurants too frequently.
Clothing will cost $500 or more a year.
Health insurance will cost $500 to $1000 a year for one person, $2,000 to
$3,500 for a family.
Personal expenses will cost about $2,000 a year.
If you bring other family members with you, assume that your annual expenses
will increase by about 15% or $5,000 for each additional family member.
If you intend to buy a car, assume that it will cost you about $4,000 a
year.
If you will be traveling during the summer, assume a cost of $50 to $75 a
day for tourist activities. If you will be continuing your education during
the summer, add half the figure you calculated for the academic year.
Assume that your costs will increase by about 5% per year due to inflation.
Don\’t forget to include an allowance of about 10% to account for
fluctuations in exchange rates.
Use the financial planning worksheet to estimate your costs for a year of
study in the US. Be realistic when estimating costs for personal expenses.

Financial Planning Worksheet

Expense
Estimated Cost

Application and Test Fees $____________
Tuition and Fees $____________
Books $____________
Travel to US $____________
Room and Board $____________
Expenses when school is closed $____________
Clothing $____________
Personal expenses $____________
Health insurance $____________
Summer study or travel $____________
Additional family members $____________
Other $____________
TOTAL FOR ONE YEAR $____________
Multiply the total by the number of years in your program (___)
$____________
U.S.A. Cost/AID Facts
The cost of Study (Tuition and fees) in USA varies from $10000 to $35000 per
year. The cost of living depends on location. For example States like
Washington, California and area around New York is costly.

In general for Students from countries like India, Bangladesh, China, Taiwan
the cost of living may vary from $4000 to $9000.It is assumed that students
will live in shared Apartments, Live out of Campus and have less Telephone
bills and other expenses are at bay. Most of (nearly) all expenses can be
met while working on Campus Jobs. The hourly pay for on Campus jobs Pay from
$5.15 to $12 per hour. Foreign Students can work for 20 hrs per week and 40
hrs per week during summer. Students may be allowed to work out Campus
after nine months of their arrival at USA.Students receiving any type of AID
Like
TA/RA/Fellowship or GA need not have to worry about costs. But Students not
receiving any AID must come prepared for Tuition fees and Living cost for
initial 2-3 months.

ADMISSIONS FAQ

I have attempted to address here some concerns of prospective Masters students with regard to the GMAT and GRE examinations, and the respective Masters courses that they subsequently wish to pursue.
Past experience has proven that the vast majority of students that wish to do a Masters programme, or a MBA, have little idea about the complexities of the process of application to a university for a Masters programme. Thus the reason for these answers.
What this group has endeavored to do is to save you, the student, valuable time looking around for the most appropriate Masters program available and help you in applying.

1: Do I need to take the GMAT or GRE examination?
Practically any decent Masters course at practically any decent university will definitely require the GMAT or GRE examination score. Yes, many great universities, such as Stanford advertise their Masters by saying that the GMAT score is not absolutely necessary, or that a score of around 650/800 is acceptable, but the reality is that they will not even look at you unless you have a GMAT and the score is around 720/800! Universities use this ploy to attract more applicants. So beware of such tactics.

2: How important is my Grade Point Average (GPA) in comparison/combination with my GMAT/GRE score?

Naturally your GPA is a very important determining factor in securing a place on a Masters programme.
Note, however, to avoid disappointment, that if a university asks for a GPA of more than 7.0 out of 10 or 3.5 out of 4.0 (from an American-based university) then generally that is exactly what they mean.
Many think that 6.8 is near enough 7, or 3.3 is near enough 3.5, only to discover, too late in most cases, that it is not, and a letter of rejection waiting in their mail boxes. Do not assume anything. Make the effort to write e-mails/letters to the appropriate person to clarify the exact entry requirements.
Likewise for the GMAT-GRE scores. If a university stipulates that it wants a score in excess of 580, for example, that is exactly what they want. 570 will not do.I have personally witnessed applicants making the above assumptions only to find that they have been rejected.If you are applying to any half-decent university you will definitely need good a GPA and a strong GMAT-GRE score. Below I have posted a number of links to useful sites to exemplify the point.Therefore, the answer to the question is that both your strong GPA and your strong
GMAT/GRE score are extremely important factors in determining whether you will accepted for a Masters course. It almost goes without saying that the better the university the higher the requirements. As a general guideline I would be very suspicious of Masters programs that do not demand GMAT/GRE scores since the most obvious conclusion that one can make is that the courses are not very competitive and you should not expect to have great career prospects having graduated from such a Masters.

Question 3. When should I select the Program and the universities I wish to apply.

I am of the opinion that this should be done prior to your sitting for GMAT/GRE exam.
One it will be clear to you what scores you require to go to your dream university. Thus you will have a target and you need not take the exam repeatedly.
Second you will save money on score reporting.

Question 4: On what basis should I choose a Masters/MBA programme?
Well obviously you want to choose the best possible programme since this ought to give you the greatest employment prospects. There are rankings for Masters and MBAs that are published by various different publications and are provided in the group Files Section.
These rankings give a good general guideline and you will be sure to see familiar names at the top such as Stanford, Berkeley, MIT,Harvard, Wharton,LBS, LSE, Insead and so on. Their positions may vary slightly from year to year but they are always at the top and everyone in the business world knows them, and identifies them with quality.
So just how do you choose the best possible course? Well, firstly you have to be realistic. It is not easy getting into one of the big name
universities unless you have a GPA of more than, let\’s say 7.8/10 or 3.7/4 and a GMAT score of at least 680. Do not delude yourselves. If you do not have such scores then you will just have to lower your aim. There are a surprising number of quality Masters programs at universities that many undergraduate students have not heard of yet provide excellent quality and almost guarantee jobs before completing the Masters programme. Business leaders, and employers generally, will undoubtedly know about such universities and the particular Masters on offer. So just because you have not heard of a university do not be put off. After all the reason you are doing a Masters is to increase your job prospects. Having said that, there is also the type of Masters you should pursue. Do not just pick anything that takes your fancy. You have to be constantly thinking whether you are going to be more attractive to a prospective employer with that particular Masters in the future. Thus you have to seriously think about what sort of
job you see yourself doing. Some Masters are particularly \”hot\” such as Finance (with an emphasis on Financial mathematics) or an MBA with an emphasis on e-commerce. There are many others but there are also those that have saturated the markets such as a Masters in marketing, unless, of course you happened to have picked it up from a university like Stanford. So think objectively and realistically about which Masters you really want to do and spend enough time surfing the Internet to investigate all possibilities -you may be surprised by what you find. In conclusion, if I had to give one piece of advice with regard to choosing a university it would be: NAME, NAME, NAME.

Question 5: When should I take the GMAT/GRE examination?
The simple answer is as soon as possible. Unfortunately most students leave the GMAT or GRE until the last minute and do it in a rush which certainly does not make for great results. To be sure that you get the highest possible score allow yourself at least three months to prepare yourself, and be prepared to work and practice extremely hard over that three-month period. Ideally you should take the GMAT-GRE at least a year before you think about exactly which Masters you intend to pursue. Remember the examinations are valid for a five-year period. Students who come thinking that the GMAT-GRE can be conquered in a very limited time period are going to be sorely disappointed and severely punished in the real examination. It is simply something that you cannot rush. So take action and think about doing a GMAT-GRE course at the earliest opportunity to avoid disappointment.

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