ashish.mahendra wrote:
No matter what schools say, GMAT is the most important factor in the end. GMAT scores are a big factor in deciding the rankings. Afterall, schools have to improve on the rankings coz that means more applicants and more money in grants/sponsorships the next year.
... you need to serve the community and thats a differentiating factor too.
Your GMAT statement is wrong, you seem to be falling prey to a common misconception. A school could easily fill a class with a bunch of 750+ kids if they wanted to. A quick look at admission411 which is very heavily populated with people who have incredibly high GMATs, the mean and median for all the top 10 schools is 730 or so, shows that GMAT isn't going to get you in. There really is no benefit of having an average above 710, thats where all schools are located...it has gone up slightly over the years but so has the amount of 700+ scores.
Yes the GMAT does play a roll in rankings but isn't the only factor. A school wouldn't want a bunch of quant jock, super nerds who all have 790s making up your class. Once you are above 720 you are above every schools average so your score good enough for every school. A good score wont get you in but a bad score can certainly keep you out but the same can be said for any factor...terrible work experience, horrible GPA, bad recs, bad essays. To get in you need to put together a complete package with all the right factors, and yes a solid GMAT is important.
As for community service, its another plus in your column but it wont keep you out. Schools realize people work lots of hours and have other commitments. I already have been accepted to Kellogg this year and my extracurriculars are non-existent. Kellogg is one school that has a reputation of putting a lot of emphasis on extras, so that illustrates it is possible. All my free time is spent renovating my antique house, I do 20+ hours a week on my house on top of working. I made sure to talk about that since I wanted them to know that it wasn't because I dont care but because I had something that dominated my freetime.