Retake SAT at Non-Target?

Senior at a non-target and just finished my summer at a well-known MM bank in tech coverage (RO received). The bank / group is expanding very quickly and has had some very solid deals in recent years, but still doesn’t have the recruiting pedigree of the stronger MM shops.

I scored in the low / mid 1500s on the SAT. Given that my school and bank are already working against me, is there any real value in retaking it to get closer to a 1600? I’m fairly confident I could score in the high 1500s with relative ease.

Alternatively, would it be a better idea to take the GMAT instead?

I’m potentially interested in MM / UMM PE and am trying to understand whether either of these options would have any material impact on recruiting.

4 Comments
 

Take the GMAT instead and use the score to apply to deferred MBA programs in the spring. If you get into one of the M7 programs, you can accept it and pay ~$250-1,000 per year to keep your spot, which allows you to put that school on your resume. You don’t even need to attend the school - people knowing you got in and have a spot there will help you get past any struggles that being at a non-target causes.

I did this (at a high semi-target, but still not a T10 school) and can confirm that people in banking/PE view you differently (which is stupid, but what do you expect from this industry…) based on the M7 acceptance.

I never actually intended to go to the school and will probably let my MBA spot go next year (reserved my spot for my 2 banking years; my PE firm does not want me to get a MBA anyways).

Hope this helps!

 

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