Veritas Prep Unveils Online Tool to Help Prospective MBA Students Gauge Their Chances of Admission Into the Top U.S. Business Schools

MALIBU, CA--(Marketwire - July 30, 2008) - Veritas Prep, a leading GMAT prep and MBA admissions consulting provider, today announced the launch of its Business School Selector. Designed to identify the highest ranked schools at which MBA applicants have a reasonable chance of acceptance, the Business School Selector serves to answer the question on every b-school applicant's mind: "What are my chances of gaining admission?"

Based on a limited set of applicant credentials, including GMAT score, undergraduate GPA, amount of work experience and extracurricular involvement, Veritas Prep's Business School Selector delivers a range of optimal programs best suited for each individual's qualifications. The statistical data used is, in part, gleaned from the 2007 U.S. News and World Report Best Graduate Schools issue, while the school ranking order is based on Veritas Prep's proprietary criteria and weighting system, with special emphasis on variables that Veritas Prep deems most critical in determining an applicant's chances of admissions success.

"It is important to keep in mind that the MBA admissions process is highly subjective and that no one model can serve as an oracle or magic eight ball in determining a student's acceptance outcomes," explains Scott Shrum, director of MBA admissions research at Veritas Prep. "While the Veritas Prep Business School Selector is not a definitive source of concrete advice, it is a fun tool that will help prospective MBA students assess their chances of getting into the top 25 business schools in the United States."

Currently running in a beta version, the Business School Selector will be continuously updated and improved based on feedback from the MBA admissions community. The addition of more levels of useful, qualifying criteria is anticipated in an effort to help prospective students further identify the right MBA programs and provide a starting point for investigating appropriate business school programs.

For more information about the Business School Selector or to identify leading business schools to which to apply, visit http://www.veritasprep.com/selector.

About Veritas Prep

Veritas Prep is a leading GMAT prep provider that offers effective learning programs to help students enhance GMAT scores and gain admission into the top 30 business schools. Founded in 2002 by graduates from the Yale School of Management, Veritas Prep offers live GMAT prep instruction in more than 70 cities worldwide, as well as interactive online courses. In addition to the most comprehensive GMAT prep courses available, Veritas Prep offers industry-leading admissions consulting to applicants seeking admission to the world's most competitive business schools. To learn more, visit http://www.veritasprep.com.

Contact Information: Contact: Lisa Weiner 303.433.7020 lweiner@csg-pr.com