urval87 wrote:
Hi,
I just took the GMAT today and scored a 740 (45Q, 47V). I'm really happy with the overall score as it's a big improvement over the one from my previous attempt (700).
However, I am a bit worried about my low quant percentile. I've heard that top programs prefer balanced scores. Can the fact that I'm a CFA charterholder and that I have done serious financial analysis and modeling work in the past 5 years offset this anomaly on my application? My recommenders can testify for my analytical ability - I am an analyst covering the banking sector by profession.
Edit: I forgot to add that I have really high scores in quant oriented subjects like international finance and stats on my undergrad transcript.
I'm going to take a slightly different point of view here than what has been offered. The critical question is not whether it is good enough, but whether you can do materially better. This process has become so competitive these last few years, and I advise my clients who are shooting high to leave nothing on the table. If your practice tests were in line with this quant percentile and you don't feel you can do better than fine--go forward and don't look back. But if you feel you could do better and have the time, then yes, why not work even harder and go for the 760-770! It may just help you inch out some other folks from your demographic/professional segment.
So yes, 740 is a great overall score, but taking it again depends on what more you can achieve, and if you want to submit yourself again the GMAT:)
Alex