Hi guys. Im currently a senior in college and I'm planning on taking the GMAT over the summer. I'm doing a 1 year masters program in finance next year, but I'm going to take the GMAT because I plan to do an MBA in the future, and Im hoping that it will add something to my resume when I apply for ibanking jobs in the fall.
In order to get the "wow" factor on my resume (my undergrad gpa at a top 10 school is not too good), I think Im going to need a 770+. I took a practice test from GMAC and got a 730 (50Q, 39(?) V). Is this test a good indication of where I stand? Also, any tips of moving a socre from high to "super" high?
The standard error of the GMAT is about 40 points. In other words, the test is not perfectly reliable. The test that you took is by far the best predictor of your 'real' performance on the GMAT. That is, the GMATprep software, designed by GMAC, is a very close analogue to real thing. If you scored a 730 on your first try, then your chances of scoring over 750 on the real thing are pretty good. You're obviously well versed in the mathematical concepts tested on the GMAT. Therefore, I would suggest that you further develop your verbal ability. Since you already have a respectable verbal score (39), I would suggest that you take up LSAT critical reasonig and reading comp. materials; the LSAT questions are usually harder than the GMAT questions. If you can master LSAT type questions then GMAT will be a breeze. Good luck.