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Distressed and Disappointed - really need your advice!!

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Distressed and Disappointed - really need your advice!! [#permalink] New post 06 Nov 2009, 07:12
Hi - I just completed my second try on GMAT today. 590 (Q46, V25). It is my worst score ever. My first try back in late June was 620 (Q46, V 31).

Before attempting my second try, I studied for 4 months. Took 6 MGMAT exams and 2 GMAT Prep practice tests again. Scores are as follow:

MGMAT 1: 660 (Q47, V36) untimed Sep 2
MGMAT 2: 690 (Q47, V37) untimed Sep 28
MGMAT 3: 670 (Q 46, V 37) untimed Sep 29
MGMAT 4: 710 (Q48, V37) timed Sept 30
GMAT Prep 1: 680 (Q47, V 37) timed Nov 1
GMAT Prep 2: 620 (Q48, V 28) timed Nov 2
MGMAT 5: 690 (Q48, V36) timed Nov 4
MGMAT6: 730 (Q48, V 41) timed Nov 4

My dilemma is whether to take it a third time. I understand some schools has indicated that they prefer candidates not to take it more than twice. Can someone advise...???

I am looking to apply to my target schools in January, retaking it will be the earliest Dec 6...would this be advisable. Or should I just be preparing for my application and focussing on the essays etc using my first score for the app.

Below is my profile


I am a Thai Chinese and I spent 9 years in the US, for undergrad and working thereafter. I graduated with a GPA of 3.9 in 2002 from a top liberal arts college. Was awarded a Global Scholar Award (full scholarship for graduating valedictorian in school), Double majored in Economics and Accounting/Finance. Aiming for January applications to be admitted Fall 2010. Completing CFA this coming June. I would also be 30 when I matriculate.

My work experiences are as follows:
1) 2 years as a regulator (compliance)-promoted within a year - managing a team of 3-4
2) 3+years in a top i-bank in NY (compliance)- Analyst and Associate - managing a team of 3-4
3) 1 year in Equity Research Analyst Sell Side -foreign bank in Thai - ranked in Asia
4) 1+ current, Equity Research Analyst/Trader - local bank in Thai - managing a team of 5

Other involvements:
Some public service involvements, but limited time since I have to take care of sick family member.
Speak 5 languages
Leadership roles in college varsity teams and clubs

Target schools: Said, Judge, Emory, Yale, Stern, Cornell, LBS, INSEAD

Objectives after MBA: Trader/Portfolio management roles, managing funds. Some ppl i have spoken to has indicated that given my previous experiences, can use MBA to leverage for a more middle manager position.

All comments appreciated! Thanks guys...though I am not feeling that great now.
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Re: Distressed and Disappointed - really need your advice!! [#permalink] New post 06 Nov 2009, 14:36
Expert's post
Have you looked at this thread?
should-i-retake-gmat-thread-retaking-gmat-strategies-83339.html

Nobody cares how many times you take the test - you can take it 60 times if you would like to - would probably make you very famous and poor ($15K in fees) but I doubt the clerk who verifies your score submitted on the application will care. Top 10 schools don't even bother so much with GMAT. As many students report, they have quite a few classmates with mid-600's and below (that's in schools with 700+ averages). This of course means they also have a bunch with 750+ to balance the average, but the point is that the distribution is quite wide.

The question you are asking is really for you to decide - is MBA for you? What tier of the school you want to get into? How far are you willing to go?
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Re: Distressed and Disappointed - really need your advice!! [#permalink] New post 08 Nov 2009, 01:42
thanks for the advice. i would like to pursue an MBA at a top tier business school in the US or the UK ideally, but i also realize that i need to be practical in aiming for the school i would like to get in vs a school that is realistic given my profile, gmat, etc.
Re: Distressed and Disappointed - really need your advice!!   [#permalink] 08 Nov 2009, 01:42
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