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First time GMAT: 720 - need to retake it for INSEAD Jan'10?

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LucileB
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First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 06:53
Hi,

I just passed the GMAT: final score 720 (with Q-49, V39).

Well here is my story: I took one week to prepare the test with a Kaplan book + software. I practised also with the 2 tests given by the GMAT and downloaded from the site mba.com.

I really do not know if this 720 score is enough for INSEAD Jan'10, especially as
- I will apply for the second round
- the crisis has significantly increased the number of MBA applicants
- my academic background (++) may lead the admission board to expect from me a higher score ...

So I am wondering: do I need to retake the GMAT to have a higher score (750 or +) and be sure I am "on track" for INSEAD Jan'10?

Your advice?

Thanks :-D
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 07:03
Judging by GMAT score ALONE, I think it's a great score and I don't see why you would need to retake the exam. (unless you want to)

https://www.insead.edu/mba/life/classes.cfm

Looking at INSEAD class profile, their mid GMAt range is from 650 to 760. I think your score fits right in there.

However, if you think you can score higher and higher score will increase your chances of admission, you have nothing to lose but time and another GMAT fee :-D

Great score. Good luck.
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 07:04
I think we'll need to know more about your profile/background. 720 will probably be a sufficient score unless you have a real low ug gpa, less than the median WE, or come from a common applicant pool.
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 07:17
Thanks lsuguy7 and nink for your replies !

Well that is the point, lsuguy7: I don't know if
- a higher GMAT score really increases chances of admission,
- or if it does not do any difference as long as you have a score above the unofficial minimal one ...

To answer to nink, my background is the following:
1- top-ranked "grande école" in France (selection by my university of the scientific undergraduates top 0,5%)
2- and then elite governmental leadership programs (admission rate: 2%) in telecommunications / industry sector.
So as it is a "solid" background and I am sure INSEAD knows it (they are partially French !), I am wondering if they would not expect from me to have a "solid" score reflecting this background... i.e. no less than 750 ...

I am starting to regret having spent only 1 week to prepare the GMAT ...

Any thought? :-)
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 07:26
LucileB wrote:
I am starting to regret having spent only 1 week to prepare the GMAT ...


720 is a fabulous score. Trust me....
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 07:29
I know ... but it is not a 770 score like yours :-)

How long did you spend to prep your GMAT?
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 07:38
LucileB wrote:
I know ... but it is not a 770 score like yours :-)

How long did you spend to prep your GMAT?


6 months including $1400 GMAT rep course.

We had a discussion in this forum where 720 to 770, the score variance don't mean THAT MUCH to adcoms. Whether one got 720 or 770, both scores show how bright that individual is.

But feel free to take it again if you think you can do better. :-D
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 07:58
Hey I got a 49q 40v and it was only a 710, consider your 720 an incredible score it will definitely not hold you back.
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink] New post   16 Mar 2009, 23:19
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There are a couple of discussions around here also about the use of GMAT score after MBA -
https://gmatclub.com/forum/t21669-gmat-score-use-in-employment

If you feel that you can do significantly better - 760 and above (by investing another week :wink: ), then it may be worth it.
I do think there is value in having 99th percentile (as I once did before all of you inflated it), but it is definitely not worth a lot of effort.
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Re: First time GMAT: 720 - need to retake it for INSEAD Jan'10? [#permalink]
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