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most of the top 10 schools have an average GMAT in the 710-720 range.
A 710 probably wouldn't close doors, but it's not going to open them necessarily either.
I actually think a GMAT doesn't open any doors at all for the most part. Once you're in range, it's a check the box sort of thing. The only time an excessively high GMAT score is needed is if your GPA or your grades in quant classes in college were less than stellar and you need to demonstrate particular aptitude in that area. Fine, maybe if you're a WAY overrepresented applicant (Indian, Male, IT, normal experience...) applying for an elite level school, then maybe you might want a super high score to differentiate yourself and even then, I'd think twice about it first.
Personally, if I had gotten a 710, I would have celebrated and never looked at the test again. Congrats vibhav on a great score!
First, a 710 is a great score. Congratulations! And as for a retake, it really depends. If a 710 represents the best that you could do, then it's probably not worth the risk to return to the GMAT.
Now here comes the hard part. If one's overall profile is lacking, then no score can fully compensate for this. Other parts of the profile are equally if not more important, and the top schools look for something compelling. Hopefully, you already have something to share with admissions. If you don't think so, then work on those areas instead.
Vibhav, that is a very good score. I don't believe that an extra 20, 30 points will matter at this level. I believe that is is time for you to focus on your other qualifications, such as essay, work experience and even contacts at the schools that you most want to attend. Volunteer work, projects, extracurricular activities should also be evaluated.
Good luck. I believe that you will get into a good school and no matter which one, you will be a success!
710 is a good score. Even if you are Indian IT male with normal work ex, i don't think taking gmat again would increase your chance. I don't think being an Indian IT male, some one is at dis-advantage. But yes you would have to face some competition. 3-4 years of work-ex is not the sole criteria to select-reject you. Your overall profile, including your personal life, would be quite different and could be a differentiators.
Take it as a challenge and sail your boat. Good luck mate and do not forget to update us with your B-school Journey.
thanks guys! a quick update, got my awa scores and i scored a 5.0.
given that most of you have refered to the profile, a brief mention:
Academic: i have completed my degree in instrumentation. i also hold a diploma in international business laws and corporate laws, which i acquired after my engineering while i was working.
Work ex: i now have 3yrs of work ex ( in the same co.). The company is a industrial goods mfg co. and a dominant player in the segment, been in operation for more than 60 yrs. I work here as a business developer, in which i market our consultancy division. Essentially this division deals in improving the energy efficiency of the utility systems of the factory. in addition to this role i am also the head of two projects: 1. is a knowledge sharing campaign that has run successfully for more than 2yrs and has been very well recieved by our customers. We even made a book out of this and it was published along with the dec edition of the Forbes Magazine in india. 2. is a venture in the digital media, in which we are using social media technologies to the beneift of our customers. It is probably a first for mfg co. in india. just recently started and doing pretty well.
Ex curricular: 1. I play the guitar (bass/ acoustic) and I started a band in my company and for 2 yrs we have been performing a spl show for the co. employees. 2. In my 3rd yr of engg I was the head of a society for literary activities in my engg coll. i was also the head of the annual festival of this college and was able to bring in a footfall of over 3500 students. I also brought in the largest sponsorship for the event ever. 3. In my 2nd yr of engg i started a state level engg festival for by branch of engg. It was particularly difficult because i had to lead a team that was older than i was! albeit a successful event. 4. I was part of the team that won 1st prize at the state level quality circle competition while in my 2nd yr of engg. 5. sports: I have learnt horse ridding, been a captain for my school forball team, won some medals in athletics in my school time as well as represented my school at several interschool events.
Leadership opportunities: 1. Was the head boy of my school 2. The head of the technical festival in 2nd yr of engg and the head of the literary festival in 3rd yr of engg. 3. head of the 2 projects ( though a small team, req co-ordination from top mgmt to lowest rung).
so this is in brief waht i am. now how does it fit in?
Re: how good is a 710?
22 May 2011, 05:12