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Low GMAT score - need some advice

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Low GMAT score - need some advice [#permalink] New post 28 Jul 2011, 20:09
Alright so I just took the GMAT, and unfortunately I scored lower than expected: 610 (43 q, 31 v :( ). Here is a bit more regarding my background:

GPA: 3.5+ large public university
Work Exp: 3 years with the title of Financial Analyst (1.5 corporate finance large engineering firm, 1.5 and counting finance/accounting for small software firm)
ECs: some clubs/intramural sports and a little volunteer work during undergrad, minimal since (some local sports - captain of one of the teams, and some involvement in Beta Gamma Sigma)

Basically I am torn as to a) whether to just attempt some 2nd/3rd tier full time program, or to try and go Part Time, as admissions seem a little less competitive at Part-time programs (Drexel is local and apparently is top 10 for part time according to BusinessWeek) and also b) if I should retake the GMAT altogether

Regarding full time vs part time, I think if I were to go Part Time, I'd want to seek out another job first that would provide some sort of tuition reimbursement, in addition to an actual incentive to pursue my MBA (current small software company has no upward mobility at all - I AM the finance team!) And for full time, do I have a shot at say, Penn State Smeal, or any other 2nd/3rd tier programs, and is it worth the investment for a "non-top" program?

So that's my story, any advice as to next moves? Basically what I look to get out of an MBA is to expand on my current skill sets while prepping myself for potential future managerial roles. I am not looking for the sexy IB or PE professions, but the long term goal is eventually to move into a financial management role within an organization (again, not even necessarily a financial services company), and who knows, one day CFO :-D Sorry for the lengthiness, and thanks!
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Re: Low GMAT score - need some advice [#permalink] New post 28 Jul 2011, 20:32
I think it's a bit hard to tell you which one's better; it's probably best for you to discover it yourself. You seem to already know some of the major differences between fulltime and partime programs and know what you need to do should you go for parttime. I think fulltime-wise, you do have a shot at Penn State because of your high GPA. Your GMAT will be a problem.

Now here's some food for thought: if you were to retake the GMAT and score 680 (700 to be safe), you can even aim for the top 20 b-schools in the nation - fulltime program.
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Re: Low GMAT score - need some advice   [#permalink] 28 Jul 2011, 20:32
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