Problem

The Graduate Management Admission Test (GMAT) is used by many graduate schools of business...

The Graduate Management Admission Test (GMAT) is used by many graduate schools of business as one of their admission criteria. GMAT scores for selected undergraduate majors are shown below. Using your own reasoning and concepts in this chapter, criticize each of the following statements.

a. “Philosophy majors must not be interested in business since so few take the GMAT.”


b. “More students major in engineering than in English.”


c. “If marketing students majored in physics, they would score better on the GMAT.”


d. “Physics majors would make the best managers.”

GMAT Scores and Undergraduate Major, 1984-1989

Major

Average GMAT Score

Number Taking Test

Accounting

483

25,233

Computer Science

508

  7,573

Economics

513

16,432

Engineering

544

29,688

English

507

  3,589

Finance

489

20,001

Marketing

455

15,925

Philosophy

546

      588

Physics

575

  1,223

Source: Graduate Management Admission Council, Admission Office Profile of Candidates, October 1989, pp. 27–30.

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