Calculating multiple GMAT attempts

That would make sense because I was wondering how that would affect their class statistics if they calculating scores different than other schools.

I am also in a similar situation..I scored 700 but after reading these forums I realized that I did not prep properly. I have been studying and will be taking some tests to guage how much, if at all, I can improve. Supposedly, they take the highest score. I cant help but think that if you score 30 to 40 points lower on the second attempt that they will disregard the second attempt. It would be logical for them to assume that you put in more time studying for the second exam and that the first may therefore have been a fluke, but who knows. I think the general rule is to retake only if you think you can score 30+ points higher.

yeah but a 740 is difficult to get, it would seem...so getting 30 pts above the 710 would definitely not be easy to do...based on that rule of thumb, not sure if i should even bother re-taking...ahhh this is so stressful

Well, so think about it. If 740 seems like a reach, then what is doable 730 or 720? Improving by 10 or 20 points is definitely not worth the time...imo. Eventhough I am already clocking some serious hours studying, if I dont think I can get at least a 740, then I will not risk it. If I were you, I would not take it again if getting a 740 does not seem achievable.

What I understood from the whole application process was that most schools only consider your latest/ highest/ mentioned in your application score. But you should check it with each school's FAQ. Usually they have them on their websites. Actually, they care only about their own statistics.