I took my GMAT yesterday and received a disappointing score of 490.
I plan to retake GMAT in the next couple of months. Do I still have a chance of getting into the MBA program? I am not looking at top 10 schools. I have a good undergrad GPA and 7 years of good working experience. I need above 600 to get into the program I am interested in. What effect does a low score on the first GMAT test make on the admission process?