Veritas Prep's Latest iPhone App, "MBA Admissions Predictor," Answers the Question on Every Business School Applicant's Mind: "What Are My Chances of Gaining Admission?"

Leading MBA Admissions Consultancy Releases New Tool to Help iPhone and iPod Touch Users Identify the Highest-Ranked Programs at Which They Have a Reasonable Chance of Acceptance


MALIBU, CA--(Marketwire - March 18, 2010) -  Veritas Prep, a leading provider of GMAT prep and MBA admissions consulting services, today announced the release of its latest iPhone application, MBA Admissions Predictor. A mobile version of the popular tool on the Veritas Prep website that has been used by more than 30,000 business school applicants since its launch in 2008, the free application allows iPhone and iPod Touch users to identify the highest ranked business schools at which they have a reasonable chance of acceptance based on key quantifiable MBA admissions criteria.

Now available for download through the iPhone App Store, MBA Admissions Predictor delivers a range of optimal programs best suited for each individual's qualifications based on a limited set of applicant credentials, including GMAT score, undergraduate GPA, amount of work experience and level of extracurricular involvement. The statistical data used is, in part, gleaned from nationally recognized publications such as U.S. News & World Report and BusinessWeek, while the school ranking order is based on Veritas Prep's proprietary criteria and weighting system, with special emphasis on variables deemed most critical in determining an applicant's chances of admissions success.

"While there are no hard-and-fast rules for determining an applicant's chances in the somewhat subjective MBA admissions process, certain traits strongly correlate with one's chances of admissions success at the top business schools," explains Scott Shrum, Director of MBA Admissions Research at Veritas Prep. "The MBA Admissions Predictor app helps students identify the highest-ranked schools to which they have a good chance of being admitted today. Where the app is even more useful, however, is in guiding applicants toward understanding what improvements they can make in their candidacies to improve their chances of admission -- for example, the implications of a 50-point score improvement on the GMAT or an extra year of professional experience."

Veritas Prep's MBA Admissions Predictor is now available for download at http://itunes.apple.com/us/app/mba-admissions-predictor/id353029600?mt=8. The MBA Admissions Predictor application is the second free iPhone app offered by Veritas Prep, joining the Veritas Prep Mobile GMAT Quiz application, the only free iPhone and iPod Touch resource giving students the power to take GMAT test prep mobile. The Veritas Prep Mobile GMAT Quiz app is also available for download through the iTunes store by entering the keywords "GMAT practice quiz."

For more information about Veritas Prep's GMAT prep or MBA admissions consulting services, call 1 (800) 925-7737 or www.veritasprep.com.

About Veritas Prep
Veritas Prep is the world's largest privately-owned GMAT preparation and admissions consulting provider, offering industry-leading programs to help applicants improve their test scores and gain admission to the world's best graduate schools. Founded in 2002 by graduates of the Yale School of Management, Veritas Prep now offers live GMAT prep instruction in more than 90 cities worldwide, as well as interactive online courses available everywhere. Additionally, Veritas Prep offers industry-leading admissions consulting services for applicants seeking admission to the most competitive business schools, law schools, and medical schools in the world.

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