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I took the GMAT 4 Times - How will schools view this?

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I took the GMAT 4 Times - How will schools view this? [#permalink] New post 16 Jul 2006, 11:49
I am looking at Cornell, Yale, Harvard and Columbia. All these schools say that they only evaluate your highest GMAT score. In your experience, is this true even if you have take the GMAT as many times as I have? Here are my scores:

November 2004 GMAT
650 Overall. 40 Quant. 40 Verbal
December 2004 GMAT
650 Overall. 36 Quant. 42 Verbal.
June 2006 GMAT
650 Overall. 44 Quant. 36 Verbal.
July 2006
740 Overall(98%tile). 48 Quant (86%tile). 44 Verbal (97%tile).

Obviously my latest and highest score is good because I broke 700 and got the "80/80" split. However, as you can see it took me 4 tries. My first 3 tests were all 650 although my math and verbal scores were all over the place. How will these schools view my GMAT performance? Will they just look at my 740? Thanks for your help.
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Re: I took the GMAT 4 Times - How will schools view this? [#permalink] New post 20 Jul 2006, 12:38
Expert's post
IHateTheGMAT wrote:
I am looking at Cornell, Yale, Harvard and Columbia. All these schools say that they only evaluate your highest GMAT score. In your experience, is this true even if you have take the GMAT as many times as I have? Here are my scores:

November 2004 GMAT
650 Overall. 40 Quant. 40 Verbal
December 2004 GMAT
650 Overall. 36 Quant. 42 Verbal.
June 2006 GMAT
650 Overall. 44 Quant. 36 Verbal.
July 2006
740 Overall(98%tile). 48 Quant (86%tile). 44 Verbal (97%tile).

Obviously my latest and highest score is good because I broke 700 and got the "80/80" split. However, as you can see it took me 4 tries. My first 3 tests were all 650 although my math and verbal scores were all over the place. How will these schools view my GMAT performance? Will they just look at my 740? Thanks for your help.


IHateTheGMAT,

Schools will view your 740 as your primary GMAT score (congratulations), and most will not average it. Some schools discourage you from taking the GMAT more than 3 times, but this is not a hard-and-fast rule. Even schools that do will note your high score and give you the benefit of the doubt since it is the most recent score. Other schools could care less that you took it four times and will just focus in on that highest/most recent 740. So, no worries, you should feel good.

Good luck,
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 [#permalink] New post 20 Jul 2006, 16:01
Wow that's great news! I'm so happy with that I'd like to turn this into an "Evaluate my profile" type post for the 4 schools I listed above if that's ok.

At the time of my apps I will have 3.5 years of work experience and be 25 years old. When I start school I will have 4 years of work experience and be 26.

Work Experience: 3.5 years at a small business valuation firm (financial consulting). I have progressed very fast here. I started as an analyst that just researched and input numbers. Now I manage projects from start to finish which includes: visiting companies to interview senior managemnt and tour facilities, interact regularly with clients, conclude on values and write reports. I also have a few minor marketing successes. As far as additional impact, I have fought (and succeded) to revise some of our valuation practices to be in line with some of the more innovative and modern industry practices (including working to develop a methodology to value early-stage companies that is among the most innovative in the industry), I have been referred to as the "go to guy" on time sensitive projects and have succesfully gotten out important reports when pushed up against tight deadlines.

Academics: Top 30 school. Undergrad business major with a finance concentration. 3.6 major gpa but only 3.24 overall due to a poor start. I also held 5 internships, tutored underprivelaged children, participated as a mentee in our career mentoring program and served on student govt. GMAT (see above).

ECs: I am a mentor to current undergraduates (even though there is suppose to be a 5-yr experience requirement to mentor), I serve on my alumni associations event planning committee (and will have run my own event before I send in apps), I am an accredited member of the ASA (business valuation profesional org) and I have passed one level of the CFA.

Why an MBA? To get into investment management. Business valuation does basically the same stuff (determine the value of companies) and uses the same skills as investment management just for different purposes. During my years in BV I have learned as much as there is to learn from this industry (due to my rapid career progression). This will be valuabe to me as an investment management analyst. However, investment management requires an even higher level of sophistication when valuing companies. This is why its time for me to take my knowledge to the next step with an MBA. Also, the MBA/CFA combo is highly valued by investment management firms.

How competitive can I be at the Cornell, Yale, Columbia, Harvard. Thanks a ton!
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 [#permalink] New post 24 Jul 2006, 10:33
Expert's post
IHateTheGMAT wrote:
Wow that's great news! I'm so happy with that I'd like to turn this into an "Evaluate my profile" type post for the 4 schools I listed above if that's ok.

At the time of my apps I will have 3.5 years of work experience and be 25 years old. When I start school I will have 4 years of work experience and be 26.

Work Experience: 3.5 years at a small business valuation firm (financial consulting). I have progressed very fast here. I started as an analyst that just researched and input numbers. Now I manage projects from start to finish which includes: visiting companies to interview senior managemnt and tour facilities, interact regularly with clients, conclude on values and write reports. I also have a few minor marketing successes. As far as additional impact, I have fought (and succeded) to revise some of our valuation practices to be in line with some of the more innovative and modern industry practices (including working to develop a methodology to value early-stage companies that is among the most innovative in the industry), I have been referred to as the "go to guy" on time sensitive projects and have succesfully gotten out important reports when pushed up against tight deadlines.

Academics: Top 30 school. Undergrad business major with a finance concentration. 3.6 major gpa but only 3.24 overall due to a poor start. I also held 5 internships, tutored underprivelaged children, participated as a mentee in our career mentoring program and served on student govt. GMAT (see above).

ECs: I am a mentor to current undergraduates (even though there is suppose to be a 5-yr experience requirement to mentor), I serve on my alumni associations event planning committee (and will have run my own event before I send in apps), I am an accredited member of the ASA (business valuation profesional org) and I have passed one level of the CFA.

Why an MBA? To get into investment management. Business valuation does basically the same stuff (determine the value of companies) and uses the same skills as investment management just for different purposes. During my years in BV I have learned as much as there is to learn from this industry (due to my rapid career progression). This will be valuabe to me as an investment management analyst. However, investment management requires an even higher level of sophistication when valuing companies. This is why its time for me to take my knowledge to the next step with an MBA. Also, the MBA/CFA combo is highly valued by investment management firms.

How competitive can I be at the Cornell, Yale, Columbia, Harvard. Thanks a ton!


IHateTheGMAT,

Not sure you're quite at the HBS level, but I wouldn't try to convince you not to apply since you do have a strong leadership profile, good GMAT, and some impact stories you can tell. HBS will be a longshot though.

You can be optimistic about Cornell and Yale. You are competitive at Columbia, though they are more selective than Cornell and Yale so your odds are somewhat smaller there. Still, I would not be surprised if they admitted you. Emphasize your leadership.

Good luck,
_________________

Linda Abraham
Accepted
310-815-9553

Co-Author of: MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools

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I also took the GMAT four times [#permalink] New post 30 May 2007, 16:37
I also took the GMAT four times

560 (35Q,32V)
590 (48Q, 24V)
690 (47Q, 37V)
660 (45Q, 36V)

I have already been accepted to a trans-elite school (in and out of the top 20), and I have been waitlisted at two top 15 schools. I took the GMAT the 4th time to try and bump my score up for the waitlist, however, I failed to do so. My job recently offered me a big promotion to stay, which I think I might take and forego b-school for one more year. With that being said, do you think I can take the GMAT again in hopes of breaking the 700 barrier in order to get into those schools that waitlisted me? They all give the same line, "You can take the test 10 times and we will take your highest score." My plan is to take practice tests until I am consistently scoring above 700, at which point I will take the real thing. If I never break 700 consistently in practice exams, then I will never take the real thing.

I know some schools look at all scores if you've taken it more than twice (i.e. Anderson), but if they say they take your highest score, I believe them. It supposedly predicts my success in b-school, and that is the score that they average into the classs profile.
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Re: I also took the GMAT four times [#permalink] New post 02 Jun 2007, 16:53
djhouse81 wrote:
I also took the GMAT four times

560 (35Q,32V)
590 (48Q, 24V)
690 (47Q, 37V)
660 (45Q, 36V)

I have already been accepted to a trans-elite school (in and out of the top 20), and I have been waitlisted at two top 15 schools. I took the GMAT the 4th time to try and bump my score up for the waitlist, however, I failed to do so. My job recently offered me a big promotion to stay, which I think I might take and forego b-school for one more year. With that being said, do you think I can take the GMAT again in hopes of breaking the 700 barrier in order to get into those schools that waitlisted me? They all give the same line, "You can take the test 10 times and we will take your highest score." My plan is to take practice tests until I am consistently scoring above 700, at which point I will take the real thing. If I never break 700 consistently in practice exams, then I will never take the real thing.

I know some schools look at all scores if you've taken it more than twice (i.e. Anderson), but if they say they take your highest score, I believe them. It supposedly predicts my success in b-school, and that is the score that they average into the classs profile.


djhouse81,

My understanding is that schools look askance at more than three GMAT attempts, i.e., it seems like beating a deadhorse and a little off-balance to them ("get a life," etc.). Just take the 690 and focus on improving your leadership, impact, community profile and giving them an outstanding application.

Hope this helps,
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