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GMAT Importance After Graduation

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GMAT Importance After Graduation [#permalink] New post 24 Jan 2009, 17:11
I know this has been asked before, so if this is rehashing old news I apologize. I was just wondering why it is important for you GMAT score to be high after graduation in some cases? I made a 650 on the thing, but I have 11 years experience - I am taking it in March again but I do not want take it a third time - especially if I get into the school of my choice. I have heard in some concentrations scoring high is very important. I want to go into real estate myself. Does it really matter?

I was just getting the real low down.

Thanks!
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Re: GMAT Importance After Graduation [#permalink] New post 24 Jan 2009, 18:20
As far as what I have heard, it matters if and only if you are going into investment banking or management consulting. For other area, it does not matter that much.
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Re: GMAT Importance After Graduation [#permalink] New post 24 Jan 2009, 18:51
It surely wont hurt you to have a high one. Just so you know a lot of companies do ask you for Undergrad and MBA GPAs, and highest GMAT. I was told by a few non-MC recruiter types to put it on the good olde resume. I guess that when they get 100 resumes for an interview list that only has 8 closed interview slots, it can help you stand out. If its there it gets noticed.
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Re: GMAT Importance After Graduation [#permalink] New post 25 Jan 2009, 01:46
IMHO, with 11 years of (relevant) work experience no one will care about your GMAT score as long as it is not below 600 or something like that. And your target sector is neither MC nor i-banking. My advice - forget about the GMAT. Take it for the second time if you jave already invested some effort, but after that, really forget it.
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Re: GMAT Importance After Graduation [#permalink] New post 30 Jan 2009, 09:55
Basically you should determine if your score is competitive, comparing to the common pool of those applicants the firm is trying to recruit. Then decide how to market yourself.
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Re: GMAT Importance After Graduation [#permalink] New post 30 Jan 2009, 10:01
riverripper wrote:
It surely wont hurt you to have a high one. Just so you know a lot of companies do ask you for Undergrad and MBA GPAs, and highest GMAT. I was told by a few non-MC recruiter types to put it on the good olde resume. I guess that when they get 100 resumes for an interview list that only has 8 closed interview slots, it can help you stand out. If its there it gets noticed.


what's the minimum score that's worth putting on?
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Re: GMAT Importance After Graduation [#permalink] New post 30 Jan 2009, 10:09
700+ ie >90%
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Re: GMAT Importance After Graduation [#permalink] New post 30 Jan 2009, 12:08
If your focus is consulting, all the consulting shops ask for your GMAT during recruiting. Since many schools have grade non-disclosure, it seems some companies judge people's academic potential the same way schools do.

One of our STAT profs actually built a regression in class once to illustrate the correlation between GMAT and GPA in the first year. And the two are hugely correlated.
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Re: GMAT Importance After Graduation [#permalink] New post 30 Jan 2009, 12:17
So I guess even though my GMAT was good enough to get me into both schools I applied to, I should probably take it again to get up over that magic 700 number huh? :P
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Re: GMAT Importance After Graduation [#permalink] New post 30 Jan 2009, 14:13
Be aware that some schools will not let you put the GMAT score on your resume. It depends on the nature of the school and its culture, but I know that that we were told not to put it on, and it was removed in drafting if you did.

I guess the feeling is that as it is a directly comparable metric and most schools don't decide just on that, they want the field to be level between all admits.

I wouldn't expect anyone will ever ask me my GMAT score ever again (and few have to date).
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Re: GMAT Importance After Graduation [#permalink] New post 30 Jan 2009, 16:04
xerox wrote:
If your focus is consulting, all the consulting shops ask for your GMAT during recruiting. Since many schools have grade non-disclosure, it seems some companies judge people's academic potential the same way schools do.

One of our STAT profs actually built a regression in class once to illustrate the correlation between GMAT and GPA in the first year. And the two are hugely correlated.


Can you show us this? I'd be REALLY interested in seeing it.
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Re: GMAT Importance After Graduation [#permalink] New post 01 Feb 2009, 22:36
McKinsey applications requires you submit your GMAT, GRE, LSAT score. I think it helps them better compare candidates from different school/backgrounds. Ultimately, your work exp, school and interview will determine if you can work for them.

But I can't imagine most company ask you these. Unless they are IB or MC.
Re: GMAT Importance After Graduation   [#permalink] 01 Feb 2009, 22:36
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GMAT Importance After Graduation

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