Hi there -
I've had a bit of a dilemma on my mind for the past year or so and the time has finally come to make a decision. Basically, I'm wondering if I need to retake the GMAT or not.
Took the GMAT July 2010 - scored a 710 : V40 / Q47, AWA 6
Retook the GMAT July 2012 (because retakes never hurt, right?) - scored a 710 : V41 / Q47, AWA 6, IR 2
Even though the scores are about the same, I'm afraid that the IR 2 will look bad, even if I just submit the first score (provided that's even possible). Am I making this out to be a bigger deal than it is?
Biggest reason I am asking is because I currently find myself unemployed and looking for a job (Was working full-time to launch a startup for the past 2 years and funding dried up). I could use this time to retake the GMAT a 3rd time... or I could learn a new language, travel a bit, put extra energy into the job search, etc. I'm planning on applying for 2014, though if I find a particularly interesting opportunity, I could be persuaded to delay my application until 2015 at the latest. (I'll be 30 on Christmas, and I already feel like I'm at the top end age range for a number of my target schools).
Additional Context (if it helps):
1. 3 years in IT (mostly in system administration-type roles, some increasing responsibility, promoted / relocated twice)
2. 2 years as a Peace Corps Volunteer in West Africa
3. 2 years helping to launch a technology/marketing startup in the US.
1. Serve on the board for a local non-profit (supporting returned peace corps volunteers)
2. Periodically volunteer with Habitat for Humanity
1. Longer-term - start a company with a presence in an emerging economy.
2. Short-term - work for a major technology / financial services company for several years to gain the experience necessary for my longer-term goal
Aiming for: Schools like Cornell, Duke, Darden, Columbia, Yale, Tuck, etc.
(Was dinged in the past from Kellogg, Chicago, and Wharton - admittedly 1-2 years ago, before my thinking had quite matured to the point it's at now.)
Many thanks for the help,
Ouch. I see why you are confused.
That 2 will hurt you on the margins, especially since your quant is little less than these schools ideally want. Given your work experience and Peace Corp experience, you may be able to get away without a retake, but if you think you can improve that IR score with reasonable effort, the safer route is to retake.
Co-Author of: MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools
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