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GMAT - 700 Debrief

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Intern
Joined: 02 Jun 2011
Posts: 13
Location: United States
Concentration: Finance, Economics
Schools: LBS '14 (M)
GMAT 1: 700 Q49 V36
Followers: 0

Kudos [?]: 9 [0], given: 0

GMAT - 700 Debrief [#permalink]

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13 Aug 2011, 12:51
I just got back home from the GMAT test center. I scored a 700 (Q49 - 85th% and V36- 79% percentile) and I am a little disappointed. My target was a 720 but I guess I will have to settle with a 700. I have been regularly following the posts on GMAT club and wanted to convey a big thank you for everything. I prepared for about 6-7 weeks for this beast.

Suggestions for Future Test-takers:
Please stay as calm and composed as possible. I was a bit nervous/anxious during the exam and this lowered my score by atleast 20-30 points. As mentioned by several others, the closest thing to GMAT is the OG and GMAT Prep. I spent the last 10 days or so practicing questions from OG12 and OG10. I think this helped me a lot. My weakest area was SC in Verbal. I went through the Manhattan SC guide once but did not gain as much as I should have. I then bought the Aristotle SC guide. I think it was a lot easier to follow than the Manhattan SC guide and also helped in boosting my confidence. In the last 5 days, I did about 50 SC questions per day from the OG10. The questions were similar to the SC questions on the GMAT. Make sure that you thoroughly understand the concepts explained in the OG.

I never had any trouble with Quant in any of the practice exams. I consistently scored around 49 (MGMAT)-50 GMAT Prep) on pretty much all my practice exams. My score of 49 was a bit disappointing but I guess there is not much I can do about it now.

Prep Material Used: OG12, OG10, Verbal Review 2nd edition, Aristotle SC Guide, Manhattan SC Guide, MGMAT Tests, Kaplan (not too useful)

Feedback needed:
I have an undergraduate degree in Engineering from University of Mumbai and a Masters Degree in Math from Michigan State. I have worked with one of the Big 4 accounting firms as a consultant for a little over a year and currently working for a health insurance company as an Actuary for about 3.5 years. I am planning to apply to the following schools:
HBS
Wharton
Chicago Booth
MIT
Yale

Can someone please comment on my chances of admission to any of the above schools? Your feedback will be greatly appreciated.
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Intern
Joined: 02 Jun 2011
Posts: 13
Location: United States
Concentration: Finance, Economics
Schools: LBS '14 (M)
GMAT 1: 700 Q49 V36
Followers: 0

Kudos [?]: 9 [0], given: 0

Re: GMAT - 700 Debrief [#permalink]

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14 Aug 2011, 04:40
Can someone please respond to my question?

Senior Manager
Joined: 20 Dec 2010
Posts: 258
Schools: UNC Duke Kellogg
Followers: 4

Kudos [?]: 40 [1] , given: 4

Re: GMAT - 700 Debrief [#permalink]

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14 Aug 2011, 06:17
1
KUDOS
I'm a big mich wolverines fan -- so take everything I say with a grain of salt.

Congratulations on your 700 -- well done. You might want to post your admission questions in the admissions folder -- there are some consultants and stuff on there who might be able to point you in the right direction.

But I would take any advice that your receive from anyone with a grain of salt. It's very difficult to predict with these big schools -- it comes down to essays, gpa, scores and *other* factors -- like the school is looking for a certain class profile (IB and wall street types - finance, accounting etc, US Army, Minorities and Internationals, Non-traditional majors -- like Journalists, teachers, and the double major types PhD, JD,MD, and of course the legacy-connections-donors types). There are also lots of myths and misinformation about admissions. The only hardcore data you have is the published median GPA and GMAT scores -- and even that needs to be looked at closely because it depends on the school, major, course load and so on.

I think it all depends on *your story* -- as in -- why mba? why now? why you? why xxx school? and what do you plan to do post-mba? If you have all that figured out then you can go about making a convincing case as to why XXX school needs to admit you. Make sure you research your schools thoroughly and know the programs well.

And finally a word of caution -- there is a lot of negativity (even from the so-called experts) out there. People are quick to discourage or pretend as if they know what the ad-com is thinking.

Good luck.
Intern
Joined: 02 Jun 2011
Posts: 13
Location: United States
Concentration: Finance, Economics
Schools: LBS '14 (M)
GMAT 1: 700 Q49 V36
Followers: 0

Kudos [?]: 9 [0], given: 0

Re: GMAT - 700 Debrief [#permalink]

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14 Aug 2011, 07:22
Thank you very much for your feedback DevilDoggNC! You made some very good points. I will also post a profile evaluation request in the admissions folder.
Re: GMAT - 700 Debrief   [#permalink] 14 Aug 2011, 07:22
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GMAT - 700 Debrief

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