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GMAT Decisions & Timing

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GMAT Decisions & Timing [#permalink] New post 28 Nov 2011, 09:44
Hello everyone, I'm about to graduate with my undergrad degree (BBA - Finance & Biz. Economics) next week, and I'm debating whether I should begin prepping for the GMAT or not.

A little background: I'm going to graduate Summa Cum Laude (knock on wood) this December from a middle of the road public, midwestern university. I have a job lined up to start in 2012 as a consultant for a Big Four firm in my hometown. I'm excited to work and I have no desire to go back for my MBA for at least 3-5 years. The snag is that I will not be starting work until mid-August, 2012, giving me 7 months off.

This would give me more than enough time to really dedicate to studying up, perhaps taking a class and working my butt off to get a good score on the GMAT. I did excellently in college and had a 2190/1450 on my SATs, so I'm confident that - with effort - I could score 700+. I'm also planning on waiting until after June 5th, so I take the most up-to-date test.

So this is my dilemma - is it worth worrying about trying to take the GMAT now, when I have plenty of time to do it really well, if I know I would have to use those scores by the age of 27/28 (I'll turn 23 in April)? Or would it be more beneficial to me to hold off a bit and take the test closer to when I would theoretically want to attend graduate school?

Thank you so much for your insight!
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Re: GMAT Decisions & Timing [#permalink] New post 28 Nov 2011, 11:24
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The schools know that you are better off taking the GMAT while you are in undergrad (quite a few folks are doing it) and will ultimately discount the score somewhat if you apply 2-4 years from now. They will discount it for staleness and also for getting taken in undergrad (while you have plenty of time and a fresh mind - as compared to a 30 year old busy professional with family responsibilities)

So, I would say save the money and effort for now and perhaps take it later (unless you are heading for an MBA in the next 2 years)

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Re: GMAT Decisions & Timing [#permalink] New post 07 Jan 2012, 10:53
I would personally wait a few years to take the test. You would have to rush it if you want to take the test before the added section, plus your scores would look stale if you took it now and are applying in 3-5 years.
Re: GMAT Decisions & Timing   [#permalink] 07 Jan 2012, 10:53
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