99Colleges wrote:
If you’re applying to schools with 710 as their median GMAT score, 720 is more than enough. Marginal utility of going from 720 to 740 is much less than going from 680 to 700. Moreover, IR score isn’t given weight because applicants are still submitting older pre-IR scores.
Bottomline, for all practical purpose, if 720 can’t pull you through, a 740 won’t either. It’s hard to conjecture how the reviewer of your application will react to your retaking the test, but a possible thought is ‘the guy is not prioritizing his time well’.
You can read more on this topic in these two articles:
Right. Makes sense. Also,got AWA 6 today. So,I think I will focus on application for next 3 months.