Retake 730 GMAT for H/S/W?
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Bump. Any advice? From what I've found searching forums, I'm right on the borderline for a score that will neither help nor hurt me, but I'm wondering if it's worth retaking since I'm still a senior in school so I have so much time.
Congrats on your graduation and new job.
I think you need to do a cost/benefit analysis regarding the GMAT retake. If you think you can raise your score with minimal effort -- that you had the proverbial bad day -- then go for it. If it's going to take any serious effort, then I doubt if it's worth it. Given your GPA, you must have lots of A's in quant courses. Your work experience should be impressive. I doubt if schools will need a higher GMAT to convince them you can handle the work load. They might prefer a higher GMAT to make them look better if they accept you,, but I don't think your GMAT is a negative..
Frankly I think you would get more bang for your time buck if raising your score takes more than minimal effort, if you used that time for an extra-curricular commitment and ultimately leadership role with impact.
Given that you are also still several years away from applying, I'd also suggest you download Prep for B-School: a 4-Year Guide for college Students and Recent Grads..
Best, Linda
730 is not bad but your quant score is very low. If I were you, I would retake the exam
waste of time. i suggest you do it after everything else is done.
It probably won't matter, 730 is in line with if not above most of the averages at top schools. Focus more on other parts of the application.
The 730 should be sufficient. Especially when combined with a high undergrad GPA.
The stats are merely table stakes, and yours are more than high enough. Once you get to the interviews the real question will be how interesting your professional experiences you are and how much you've demonstrated leadership ability.
A tip -- Find a specialized niche you love when evaluating PE opportunities. If you eat/sleep/breathe success because you are fascinated by your vocation it always comes through.
http://www.mbadataguru.com/blog/admissions/harvard-business-school-acce…
Thanks for the responses. So if a 730 is passable, is there no point in retaking during this semester of school? I'm just worried that I won't have time once I start working this summer, plus I'm still in classes/study mode.
Ask yourself what the opportunity costs are.
As long as the ~$300 isn't a dealbreaker for you, you do not have anything else planned in the next few weeks that could benefit your career / resume, and you wouldn't mind resuming studying then go for it.
If you do have e.g. extracurriculars you could attend to (investment clubs, congresses, etc.) that would stand you in better stead when writing your applications, choose to do those, since they are much more valuable than a 20-pt GMAT difference once you've hit that 730 threshold.
if you have the time/energy to take it again, there's no downside and it'll always help to get your score higher. 770 could be a difference maker
Its the elephant in the room, but your age/gender/nationality status are a factor here. Are you an Asian Male? Then yeah it might be worth it? Are you a transgender refugee with multiple pronouns? Your 730 is good.
White male
Any other thoughts? Still seems kind of split between keeping and retaking.
I honestly would retake it. Unless you believe you can do something truly exceptional for extracurriculars (found a charity that gets a check from the Gates Foundation, etc.) or will be part of the next Silver Lake / Dell deal during your time in PE, you're going to blend in with the 1,000's of other people that look like you coming from finance.
I'm not sure why people pretend that GMAT doesn't matter. Yes, it's obviously not the only thing, but schools report their averages to US News and S/W post averages to their website (H uses median). So, because of how averages work, yes it matters. You're right at the average for H/W & below the average for S. If they're grabbing a "boring" finance candidate, they're going to at least pick one that makes up for the interesting kid with a 690 that they took.
It looks like you're checking all the boxes except maybe extracurriculars. I doubt that they'll differentiate between you and another candidate who has a higher GMAT when the time comes. You'll almost certainly both get interviews if you keep this path up and success will be based on that, your recs, your resume and your essay.
guys from PE backgrounds should have 750+
Should retake, if anything this will give you scholarship money. As much as they say you only need 720+ and then other parts of your profile kick into consideration, from personal experience if your profile is unique it's great but then if you have 770 it's a deal breaker.
If you think you could perform better without too much additional sacrifice why not? It would def. help if Stanford is your top choice.
But if it would come at the cost of more interesting parts of your app (due to the opportunity costs of time and effort), then don't bother.
Retaking the GMAT? (Originally Posted: 04/25/2016)
Junior at a big quant school. I'm looking at the main deferred programs - so HBS and GSB. Only had a small sliver of time to take the GMAT, so after a week I took it and got a 730. Is it worth retaking the GMAT? Not too familiar with Business Schools admissions programs and I'm trying to decide if its worthwhile.
What was your quant/verbal split? If you are only looking at HBS and Stanford it might be smart to retake, especially if you are a white male.
I split 44/47, overall 96th percentile.
Not trying to overwhelm with the stats but I'm a little nervous.
I am a URM. Currently have 3.9 double major in Math and Econ at a Cal Tech, MIT, Stanford, Princeton. Varsity athlete and working this summer at a buyside shop along the lines of BX, SL, Apollo, SSG after spending last summer at a BB in trading. Spent the last two years as a research assistant for a big name in the Business School world and am getting published under him this summer. He used to be at HBS/GSB but has left to another program.
Main concern is despite being a math guy I messed up on the quant section - I came in the 68th percentile, atrocious given my background. Honestly have no idea what went wrong. Definitely want to apply for first round but I know I'm going to be getting crushed this summer and I'm not sure if I'll have the time to take it again. Despite being the median score, is this something that could break me?
Thanks guys, long time lurker and I appreciate the advice.
Given what you are trying to do with the deferred programs, probably.
You should be able to get your quant up to 49 with your background and more practice. Crank through official GMAT problems, all other train bad habits. If CR and RC were your worst sections of verbal, improve through practice problems. If sentence correction was your worst verbal section, buy the Manhattan GMAT sentence correction book and work through that.
Also, the 2nd time you take the GMAT will be better than the first in my / my coworkers' experiences. Also make sure you get proper sleep and exercise the week leading up to the test and have a nutrition plan for test day.
My first thought is why not? If you studied for a week and got a 730, just give it another shot. If you have time, study for another two weeks or whatever and go get your 780. No reason to let the 730 be what holds you back.
Congrats on the 730 though! That is a great score and there are more than a few people that would kill to have it.
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