Tuesday, July 1, 2008

GMAT

Working for Grand Canyon University, I get free enrollment to their online classes. They offer basic degrees (nursing, business, education, etc) and a few MBA programs.

I'm thinking that since I get free enrollment, I should go into one of the MBA programs since a free MBA would be stupid to pass up. However, while GCU is ranked as the 3rd top online business school, it doesn't come near qualifying for the best business schools in America.
BYU's Marriott School of Business does, being ranked #1 by the Wall Street Journal in 2007; #29 from U.S. News & World Report in 2009. A free degree is tempting, but a degree from one of the top schools in the nation is moreso.

I studied physics in my undergraduate education, most people know that. Recently, I read a book on behavioral economics, Predictably Irrantional by Dan Ariely, a professor at MIT's Sloan School of Business Management; it was one of the most fascinating books I've read. I had no idea business school covered such in-depth analysis of economics and behavior. I assumed it was largely "this is a hedge fund" and "when you're employees punch each other, you should determine who started it and they should be fired" kind of stuff.

After reading the book, I'm enthralled by the subject of behavioral economics. The last time I was this engrossed in a subject was when I read The Elegant Universe by Brian Green which pushed me to study physics for my undergraduate degree. It doesn't seem too far fetched that another book would push me to study another topic for my graduate degree.

While it is a different subject, there are many tie-ins between physics and behavioral economics. Experimentation, data analysis, scrutinzation of procedures and statistical analysis are all skills I've acquired and all are useful in this field.

I looked up BYU's admission requirements for the Marriott School of Business: they say that the 50th percentile is needed on the math portion to be "competitive," and the written portion doesn't have a significant impact. I just took a practice GMAT test for the advanced math portion - I scored a 92% (I should have scored a 97%, but missed details in two problems that cost me). I imagine that a 92% would put me above the 50th percentile and make my score "competitive."

I think I might apply.

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