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700, but...

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700, but... [#permalink] New post 09 Jul 2011, 18:02
Hi,

I took the GMAT today and am very disappointed with the 700 score I received. I had a distribution of 42(59th percentile) on the quant section and 44(97th percentile) on the verbal section.

I was surprised my quant was so low because I had been getting at least 80th percentile on all the practice tests and averaging a 730 total on those practice tests. I would like to apply to Harvard, Chicago, Wharton, and INSEAD and I know my quant is low for their ranges. However, as an undergrad I graduated with a 3.9 with a degree in both Finance and Economics (where Econometrics, a highly statistical field, was my major). Additionally, I will be working for an excellent, internationally known investment bank for the years before I apply (I just graduated as an undergrad). Given this entire package, should I retake the test in an attempt to improve my score? And if I do retake and I somehow get a lower score, will that be held against me during the application processes?

Thanks for your help.
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Re: 700, but... [#permalink] New post 11 Jul 2011, 09:55
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Hi BK1012,

If you feel confident you could improve your score by 40+ points, it may be worth taking the test again. An important note is that your GMAT score is self-reported on your application, so business schools will only see your highest score. There is not a downside to taking the test (except for the time and money), but if you feel strongly about improving your score in a short period of time, you may want to consider re-taking the GMAT.

If there are any other questions, feel free to call us for a free 30 minute consultation at: http://www.stacyblackman.com/contact

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Conrad and the Stacy Blackman Team
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