What does the Fee cover?

[dlou88]

After searching online and doing some research about grad school. It seems the most popular method of entering grad school is to do either an EMBA or MBA. Most of the articles I read recommend getting a job first then asking your employer to finance your education, while at the same time saving up and researching schools.
What is your thought on the above?

Also, if I take the GMAT (most articles recommend soon after you graduate from undergrad) I understand that it includes 5 schools I choose to send the scores out to. However, if I just want to take the exam and predict that I will go to grad school within the next 5 years, will I still have 5 choices free in the next 5 years to send those scores out?
-If I don't have those choices available...why would I take it right after I graduate if I don't know what schools I'm going to?

[StaceyKoprince]

Good questions. For your first one, I have no idea - this folder is monitored by GMAT teachers, not admissions consultants. :) Go and post your question in the Ask An Admissions Consultant folder; they'll be happy to help.

You can only select 5 schools for free at the test itself. Afterwards, you have to pay (last I checked, $28 per school!). So just pick 5 schools while you're in there. Why not? And then you'll have to pay to send to any others that you want to add later.

Re: your question about why people would take it when they don't know where they're going: because, statistically speaking, it's easier to do better on standardized tests the younger you are (and, yes, people have actually done research studies on that). You're still in academic study mode, you don't have a crazy job yet where you're working 80 hours a week, etc.

Good luck!