It really boild down to the industry you want to work in post MBA:
If its IB /MC then an avg GMAT score can keep u away from top companies recruting in that segment. Have read a few posts here indocating that a 720+ is a norm for recruitment in those industries
It doesnt apply as much to other areas. Atleast thats what I understand
Secondly, what did you do different this time vs last time.. Try to reflect on that. See what could you do differently to push up that score..
Would suggest that you take professional help, boost your score by 40-50 points. Its possible.. Lots of people on gmatclub have been through the same and done that...
But also try to start working on your applications simultaneously. Its going to be tough but not impossible..
Will share a few lines from my friend, who scored 790 on his GMAT . When I got a 660, he wrote this to me in his email... Can be of help to you so will share it...
1. Keep atleast 90 days for prep. The test really grows on you after the
initial jitters.
2. Concentrate equally on math and verbal. A cardinal mistake that most
Indians ( he wrote this because Im indian) make is get kick-ass math scores and pathetic verbal scores.
Reserve atleast 50% of your time for verbal prep. Verbal looks deceptively simple,
but I assure you that a high verbal score requires very careful prep.
Scores upto the 90th percentile on the verbal can be achieved by using intuitive
grammar skills. Getting percentiles beyond that (I got 99th percentile, so
remember that it is possible) requires knowledge of the fine nuances of
grammar and loads of practice prior to the test.
3. Join the
https://www.gmatclub.com. I used it to great effect for clarifying doubts. Even if the level of discussions at the moment are not intense, you can always use the archives to GREAT effect. Some
absolutely kick-ass verbal and math stuff has been dissected by brilliant
students in the past months on that group. If your GMAT is a while off,
I'd even suggest that you start systematically going through the archives of
that group. This will really make you ready when test day finally arrives.
4. Online prep can be provided by
https://www.kaplan.com and
https://www.princetonreview.com They have paid online test prep tools. Every other test prep company
falls short. The ETS
Official Guide (a copy is a must), and the Kaplan and
Princeton books (with CDs) are good practice resources. Another trump card
that not many people use is the "Princeton Verbal Workout". The book is
not easily available but can be got cheap on Amazon. Buy that for sure.
(second hand is always best !).
The combination of these 4 steps above, coupled with taking enough
practice exams for a feel of how fu**ed it feels taking a 4 hour test
, a score
of 720 plus is very much within reach. How high a well-prepped person would
score beyond a 720 would be dependant on a combination of luck (because it
is a Computer adaptive test) and how one holds his nerve when the going
gets tough under severe time-pressure.
As a final note, remember that a lopsided score gets you fewer points than
a balanced one. As you move along prep, you will invariably face a time when
you feel *confident* that you are well prepped for the verbal section of
the test, and you will tend to concentrate more and more on math. Avoid that
trap, religiously practice for both sections of the test, and go crack the GMAT.
Remember, computers are dumb. We are humans. Victory isassured for
the smart ones among us. There are people who prep, and there are people who
prep *smartly*. So prep smartly.