Thursday, July 30, 2009

PREPARATION TIPS FOR GMAT

You can improve your GMAT score dramatically simply by taking the time to become "streetwise" about the GMAT CAT. GMAT is like a game of chess, those who know how the game is played have a huge advantage over those who are ignorant of the game's idiosyncratic rules.

What You need to understand:

1) The computer-adaptive structure of the GMAT
2) How to wisely manage your time
3) Types of exam questions asked and their common fallacies
4) The computer-adaptive structure of the GMAT

Computer-adaptive test (CAT) version of the GMAT is designed to get a more accurate assessment of your skills while asking you fewer questions than its paper-based predecessor did. Here is how it works: the first question you see in any given section will be of average difficulty. If you get the answer right, your next question will be slightly more difficult. If you get the answer wrong, your next question will be slightly easier. The software will also ask you different types of questions in a rather unpredictable order, as determined by its algorithm, rather than clustering question types as in written GMAT.

You can not skip a question or go back to an earlier question. Unlike the paper version, once you click the 'answer confirm' box, your answer can not be changed.

How to manage your time wisely

Practice

The main way to develop GMAT time management skills is to practice taking the test. You are strongly encouraged to take at least a few mock GMAT exams, in the computer-adaptive format and to try to simulate the actual testing environment. (That means refraining from taking food breaks, engaging in telephone conversations, etc. until you have completed a section.)

Spend adequate time on the first 5 questions

Difficult questions are weighted more heavily in scoring than easier questions. The first couple questions in any GMAT CAT section are used to determine the range of questions that the program 'thinks' you are able to handle. After you have answered these first few questions, the testing software will give you questions to fine tune your score within that rather narrowly predetermined range. Thus, your answers to the first 5 questions will make a HUGE difference in your final section score.

It is imperative that you answer these pivotal questions with extra care. Always double check your answers to these questions. Verify that the answer choices that you judged to be incorrect are indeed incorrect. If you are unsure of the answer to one of these first questions, at the very least, take a very good educated guess using process of elimination.

Prepare yourself to finish the test – at all costs!

There is a huge scoring penalty for failing to finish any section of the GMAT. For example, say you're in line to get a score that will put you in the 70 percentile of test takers, based on your test performance so far – but then run out of time and fail to answer the last five questions in the section. That failure will lower your score to about the 55 percentile. Therefore, prepare yourself to finish the test at all costs. Answering a question incorrectly will hurt you, but not as much as leaving the question unanswered will. Train yourself to work your best within the time limits of the exam. But train yourself, too, to be able to recognize when only a minute or so remains on the clock, and at that point to just answer "C" (or whatever your lucky letter is) for any remaining questions. Random guessing is like shooting yourself in the foot – but leaving answers blank is like shooting yourself in both feet.

Don't waste time

These activities, if undertaken once the section has begun, will take time away from working on the questions.

Read the Questions Carefully

An undisciplined test taker will feel the stress of the clock during the timed sections and will try to cut corners to save time, wherever and whenever possible. As a result, he or she often misinterprets questions. GMAT test writers are well aware of this dynamic, and happy to capitalize on it. You will encounter questions on the GMAT that include incorrect answer choices that were deliberately designed to exploit likely misinterpretations of what the question is really asking.

Avoid Random Guessing

The GMAT CAT does not allow you to skip questions and come back to them later, as you can on a written test. You must answer each question on the GMAT CAT before it will allow you to move on to the next question. Consequently, even if you don't know the answer to a particular question, you have to answer it. It is always in your best interest to take an educated guess rather than resorting to random guessing – even if you are running out of time on the section. Usually you will be able to identify at least one answer choice that is clearly wrong. Eliminating even one incorrect choice will improve your odds of answering the question correctly.

Eliminate the Deliberately Deceptive Wrong Choices

With practice, you will begin to learn how to recognize answer choices that are deliberately deceptive – and wrong. There are a few common patterns here that will become apparent as you proceed with your test preparation.

One recognizable pattern is commonly found in the Problem Solving section. It involves an erroneous answer choice giving a value that would result from following a common computational error. You can avoid these deceptive choices by using scrap paper, checking your answers and using estimation to at least judge the general range of the correct choice.

Practice, Practice, Practice

It is strongly encouraged that you use actual questions from previous exams as you practice, as we have noticed a material difference in the nature and quality of test questions prepared by ETS versus those written by GMAT prep companies. Also, you should practice taking the exam in its computer-adaptive format.

Finally, you should spend most of your preparation time studying and practicing questions in your weakest subject area. Although every test taker benefits by reviewing each GMAT exam section, focusing on your weakest areas will make the most efficient use of your test-prep time.

Don't Wait Too Long to Take the GMAT

Don't count on taking the GMAT at the last minute. Should you need to retake the exam, you will need time both to register for the test again and to have the new scores submitted to schools in time for the application deadlines. Scheduling the GMAT well into the admissions season is also bound to cause most test takers undue stress. With proper planning and insight, you can spare yourself these negative energies and instead focus on maximizing your GMAT score.

Wednesday, July 29, 2009

Impact of Recession on College education




There has been an average college endowment lost 2.7 percent in the fiscal year that ended June 30, 2008, according to Commonfund, an organization that manages many colleges' endowments. A follow-up survey found endowments lost another 22.5 percent in the five months that ended Dec. 1, 2008.

According to the most recent endowment analysis by the National Association of College and University Business Officers—that changes in their values don't make a big difference. But the market meltdown is having an impact on wealthy schools like Harvard, which typically take 4 to 5 percent of from their endowments to pay for scholarships, buildings, and other projects. While most colleges are refraining from cutting aid, several have laid off instructors, frozen construction, and cut employees' pay. And there are worries that this is only the beginning of a wider recessionary impact on campuses. State governments are starting to enact higher education budget cuts that could mean reduced aid, fewer services, and even fewer classroom seats for students next fall.

The alternative investments that were supposed to protect wealthier university endowments, such as real estate and commodities, have fallen in recent weeks as the U.S. stock market stabilized. Yale, which saw its widely diversified portfolio increase by 1.5 percent in the fiscal year ended June 30, 2008, has recently warned that its endowment had already fallen 25 percent since then. A few schools, including Tufts, New York University, and Yeshiva University, have recently reported losses due to the Madoff fraud.

While higher education "has been more insulated from economic impact in prior recessions," this cycle might be different, Moody's warned recently. Moody's expects donations, financial aid, and other grants to fall as state governments and philanthropists reel from the downturn. And it warns that the credit crunch is driving college borrowing costs up. Meanwhile, students and parents may finally rebel against annual tuition increases that used to make up for declines in other revenues. Princeton University, for example, recently announced it would raise its costs just 2.9 percent in 2009, its lowest increase in more than 40 years. (Of course, that's still a big dollar increase. For those who don't receive any aid next semester, the total sticker cost of attendance—tuition, fees, room, board, books, travel, and laundry—will exceed $50,000.)

"There are a lot of reasons to think this could be a turning point," says Roger Goodman, editor of the Moody's report. Expensive colleges, especially, are holding their collective breath to see whether students start voting with their feet and choose cheaper schools this fall, he says. But while 2009 will probably be rough for schools that have overborrowed or scared students off with high prices, the long-term outlook for higher education in general is good, Moody's believes.

Colleges are likely to be among the beneficiaries of proposed government stimulus spending. And in previous recessions, college enrollment has risen, since college graduates get bigger paychecks and more opportunities. Many college officials remain cautiously hopeful that universities' previous protections against economic cycles will buffer them from the worst of this storm.

Top 50 U.S. Universities for Computer Science




Stanford University
ckgaa@forsythe.stanford.edu

Massachusetts Institute of Technology
mitgrad@mit.edu

University of California - Berkeley
gradadm@eecs.berkeley.edu

Carnegie Mellon University
apps@ece.cmu.edu

Cornell University

Princeton University
gradinfo@cs.princeton.edu

University of Texas - Austin
adgrd@utxdp.dp.utexas.edu

University of Illinois - Urbana-Champaign
application@ece.uiuc.edu

University of Washington
uwgrad@u.washington.edu

University of Wisconsin - Madison

Harvard University
adm@hugsas.harvard.edu

California Institute of Technology
gradofc@cco.caltech.edu

Brown University
admission_graduate@brown.edu

University of California - Los Angeles
diane@ea.ucla.edu

Yale University
graduate.admissions@yale.edu

University of Maryland - College Park
cmscgrad@deans.umd.edu

University of Massachusetts - Amherst
gradapp@umassp.edu

Rice University
deng@rice.edu

University of Southern California
gradapp@enroll1.usc.edu

University of Michigan - Ann Arbor

Columbia University (Fu Foundation)
seasgradmit@columbia.edu

University of California - San Diego

University of Pennsylvania
engadmis@seas.upenn.edu

Purdue University - West Lafayette

Rutgers State University - New Brunswick
graduateadmissions@rutgers.edu

Duke University
grad-admissions@duke.edu

University of North Carolina-Chapel Hill
seaelle@unc.edu

University of Rochester
graddean@seas.rochester.edu

SUNY - Stony Brook
graduate.school@sunysb.edu

Georgia Institute of Technology

University of Arizona
gradadm@lorax.admin.arizona.edu

University of California - Irvine
jdsommer@uci.edu

University of Virginia
inquiry@cs.virginia.edu

Indiana University-Purdue University-Indianapolis
grad_me@engr.iupui.edu

Johns Hopkins University
grad_adm@jhu.edu

Northwestern University
gradapp@nwu.edu

Ohio State University
admissions@osu.edu

University of Colorado - Boulder
pamw@schof.colorado.edu

University of Utah
grad-coordinator@cs.utah.edu

Oregon Graduate Inst. of Science and Technology
admissions@admin.ogi.edu

University of Pittsburgh
admin@engrng.pitt.edu

Syracuse University
gradinfo@syr.edu

University of Pennsylvania
engadmis@seas.upenn.edu

University of Florida
admissions@eng.ufl.edu

University of Minnesota
gsadmit@maroon.tc.umn.edu

University of California - Santa Barbara
engrdean@engineering.ucsb.edu

Rensselaer Polytechnic Institute
grad-services@rpi.edu

Univ of California-Santa Cruz
mullane@cse.ucsc.edu

University of Illinois - Chicago
laura@eecs.uic.edu

Washington University in St. Louis
gradengineering@seas.wustl.edu

An Investment for life




The cost of American education is high but on the other hand, it is an investment that will benefit you for the rest of your life. It is a requirement to prove that you have the necessary financial resources in order to obtain an international student visa, therefore it becomes very important to first calculate how much your total USA education will cost. In general, it is not easy to obtain an international student scholarship or loan due to fierce competition amongst applicants. There are thousands of students who apply for scholarships for international students and international student loans.

On determining the total student financing which you will need, you must next determine how you will obtain it. Are you parents financing your USA education? Have you obtained an international student scholarship? Have you been able to secure an international student loan?

Some useful Links:

Masters Degree: Master degree programs

Bachelor Degree: Bachelors degree programs

Associate Degree: Associate degree programs

Online Colleges: Online college degrees and online college courses

US Universities

US CollegesU.S./Canadian students can also learn about earning an Online bachelor degree or a Master Degree Online: online masters degree programs.

College Aid Resource Centre - Free financial analysis report. Regardless of your income, assets or home equity, this report will show you how to get the money you need for college!