MBA Quiz - Answers
Thanks for taking the quiz. We hope you found it fun as well as informative. You can find the answers to all the questions below, along with some short explanations.
1
.
M7 (Magnificent 7) programs are one of the most highly respected and valued MBA programs. Which of the following schools is NOT a part of the M7 group?
A.
Kellogg School of Management
B.
Yale School of Management
C.
Chicago Booth School of Business
D.
Columbia Business School
B. Yale School of Management
"M7" is an unofficial group of 7 top MBA programs in the US. This group consists of Harvard Business School, Stanford GSB, Wharton, Columbia Business School, Kellogg SOM, Chicago Booth, and MIT Sloan.
2
.
GMAT/GRE tests help MBA programs assess academic credibility of the candidates. Their weightage in the overall application process for Top 25 Global MBA programs would range from
A.
0-10%
B.
10-25%
C.
25-40%
D.
40-50%
B. 10-25%
While test scores are important, they are not the sole criteria of selection. There are many other aspects that come into picture, including but not limited to your academic credentials, career progression, goals, leadership values, fit with business school, essays, letters of recommendation, resume and others!
3
.
The average experience at HBS MBA is 5 years. When Mike applied to HBS in Round 1 in Aug'24, he had 4 years of work experience. Based on this information, choose the correct statement below.
A.
Mike is below the average work experience required for HBS.
B.
Mike has the average work experience required for HBS.
C.
Mike is above the average work experience required for HBS.
D.
None of the above.
B. Mike has the average work experience required for HBS.
Since Mike is applying in 2024 with 4 years of experience, by the time he matriculates at HBS in Sep'25, he will have one more year of experience - bringing his work experience at average for HBS.
4
.
Which of the following statements is TRUE?
A.
GMAT is the most preferred test for Global MBA programs.
B.
Top MBA programs require candidates to have led teams to show leadership qualities.
C.
You cannot apply to Top MBA programs without a test score.
D.
None of the above.
D. None of the above.
GMAT is NOT the preferred test for MBA programs. Most programs accept both, GMAT and GRE, without any preferential treatment.
Leadership qualities can be showcased through various avenues apart from leading teams.
Many top schools offer test waivers to candidates.
5
.
Your immediate manager doesn�t have an MBA degree. However, his manager has an MBA from Harvard Business School. You are planning to apply to HBS � what would be the best strategy for your recommendations?
A.
While you've never worked directly with the manager's manager, connect with her, explain what you've worked on, and ask for a recommendation.
B.
Take a recommendation from your immediate manager.
C.
Both A and B.
D.
None of the above.
B. Take a recommendation from your immediate manager.
The best recommenders are those who have worked closely with you. This allows them to share specific, relevant insights and examples about your work to corroborate the values they highlight about you.
6
.
The weightage of essays in the overall application process for Top 25 Global MBA programs would usually range from
A.
10-25%
B.
25-40%
C.
40-50%
D.
50% or higher
A. 10-25%
Essays are quite an important aspect of MBA applications, and can easily help you showcase your values, aspirations, and how the MBA fits with your plans. However, there are multiple other aspects that are relevant from an admissions perspective, including but not limited to your academic credentials, test scores, career progression, goals, leadership values, fit with business school, letters of recommendation, resume and others!
7
.
Suzy works in digital marketing. She graduated below average in her engineering degree with a 6.2/10. However, she had participated in multiple extra-curricular activities during college. Which of the following would be a well-suited strategy for her?
A.
Extra-curricular activities will compensate for below average grades with diversity points.
B.
Getting a CFA L1/L2 will compensate for low grades.
C.
Getting a very-high test score (GMAT/GRE).
D.
All of the Above.
C. Getting a very-high test score (GMAT/GRE).
Academic drawbacks can only be countered by academic achievements. If you have low grades, scoring high on tests is the best way to counter your weakness.
8
.
Mira graduated top of her class and has 1 year of work experience. She wants to apply to top MBA programs in the upcoming application season. Which of the following would be a well-suited strategy for her?
A.
Her strong academics should help her get through. She should go ahead and apply to top schools.
B.
She should apply. Even if she doesn't get an admit, it will be good experience.
C.
Leave the upcoming intake. Instead, focus on strengthening your profile.
D.
None of the above.
C. Leave the upcoming intake. Instead, focus on strengthening your profile.
Most Top MBA programs require 4-5 years of work experience on average. Since Mira has just 1 year of exp, she is at least 2-3 years away from being able to present a holistic, well-rounded and competitive profile. So, it would be best for her to focus on strengthening her candidature!
9
.
Which of the following people would be the best choice to seek your MBA application recommendation from?
A.
Your Immediate Manager
B.
Your Best Friend
C.
Your Manager's Manager
D.
Your CEO / Partner
A. Your Immediate Manager
The best recommenders are those who have worked closely with you. This allows them to share specific, relevant insights and examples about your work to corroborate the values they highlight about you. Your immediate manager would be the best suited person to recommend you!
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