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nycaccounting Contributor
Joined: 06 Jul 2009
Online Status: Offline Posts: 96
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Posted: 04 Mar 2010 at 14:32 | IP Logged
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Consulting firms generally ask for GMAT because they do not require that much job experience. They do not have much to go on besides academics. The cut off is generally 700. So if you don't have previous consulting experience and scored less than 700, your chances are not great. The consulting firms like DT pays more than the average post MBA positions. Starting at 100k plus, with a lot of travel and high risk of lay off/firing, at least at DT.
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Donald11 Major Contributor
Joined: 14 Sep 2009
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Posted: 04 Mar 2010 at 17:03 | IP Logged
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I hear the best consulting firms are McKinsey and Bain, not D&T.
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Inspired Major Contributor
Joined: 01 Nov 2009
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Posted: 04 Mar 2010 at 18:17 | IP Logged
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next they will be asking for CPA and CMA scores
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Donald11 Major Contributor
Joined: 14 Sep 2009
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Posted: 04 Mar 2010 at 19:22 | IP Logged
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GMAT scores are not even supposed to be used for employment purposess... the company that administers the GMAT even says so. I don't event think there is any sound scientific data that links GMAT scores to success. Grades are a better indicator of success. All a high GMAT score means is that you know how to cram for a test. Plus, people who go to top B schools where consulting firms traditionaly recruit from are usually going to have high GMAT scores anyway so there is no benefit to asking for GMAT scores.
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SoFar Regular
Joined: 11 Nov 2009
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Posted: 05 Mar 2010 at 15:48 | IP Logged
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Anyone who can pass the CPA can do well on the GMAT.
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