Contd. from I too wanted to be an MBA ... part 1.
So I was finally determined to go ahead for GMAT. ISB, Hyderabad was a booming option that time, and it accepted only GMAT scores. It was time to follow the track of who's who in this world. Harvard, Stanford, Oxford, here I come....

The very first thing in my preparation was to visit a MBA fair and be fooled by marketing executives of some average colleges. Next I bought a couple of MBA prep guides and searched some online material. Pretty soon, I had enough material to get an 800 score, if I managed to read it all ;P
Prima-facie GMAT is far more simpler and predictable exam than our desi CAT. Giving a couple of exams, I realized that this was the CAT, which I could easily bell. (Tip: Serious candidates should definitely read Official guides, Manhattan and Kaplan. They are fabulous guides)
So the time passed by and finally the D-day arrived. Here I was, at a Prometric centre in the heart of the Indian financial hub, a solid 3 hours before the scheduled time. At the centre, they take all your fingerprints and passport details as if you are going to escape the country, immediately after the exam. No equipment including a water bottle is allowed inside the centre. Unless you have given any such exams before, the experience could be highly intimidating.
Ok enough about the centre, now moving to the exam. Contrary to my preparation experience, I found that Quant section turned out to be increasingly tough, while Verbal was relatively easy. GMAT being adaptive, increases the complexity of each successive question, once you give a correct answer, but the complexity seems to be increasing manifold in the Quant as compared to the verbal one.
I was completely exhausted by the time exam was over and thought of rather canceling the test for my poor performance. However, I couldn't imagine coming to such a tense testing centre again and went ahead to accept the score and for a good reason. Yes, indeed I managed to bell this CAT (aka GMAT). Got a score of 730 (96%) and I was already on cloud 9. Harvard, I am coming!!
However, the pleasure was short lived and began to vanish, as I began preparing for the applications. I realized the a good GMAT score is neccessary but not really sufficient condition to secure admission to a good college. GMAT is perhaps only 20% of the work done in the grand MBA quest, sooner one realizes this better it is.
Back to reality, the total program fees at Harvard and Stanford were close to whopping Rs.1 Crore (~$250,000). With recession of 2008 nearing, I realized that no matter what my score is, I cant take risks of taking such massive debts. So I chose some suitable colleges from FT top 100 list and started the application process for colleges with lesser fees. Harvard, here I go :(
The process was extremely tiresome and thought provoking. Never before until that moment, I knew so much about myself. Some of the applications were about 40 pages and took over a month to complete!! I was getting closer to the dream MBA, and as I mentioned earlier, "In Greed we trust", it was this MBA greed that motivated me to kept me going on..and on..
To be contd...