Thank you in advance for providing your insights!
I was just wondering what other people would do to maximize their time/money/chance of getting accepted.
So I have a GMAT score that is on the lower edge of range of my target schools and a significantly weak part.
I have 690 (M:50 V:33) with AWA:4 and IR:1 (yes. 1 on IR.. haha)
Just to give you more of my background, I am a Korean American who went to state university (GPA 3.43 Accounting major) and will have 8 full years of experience by the time I start the school.
6 year in accounting firm for audit and sales (US and international experience), and rest years or so for co-founder of a startup (didn't go well) and one of the first employee of a startup (doing well).
I am thinking of applying following schools (reach: HBS, Stanford, Target: Sloan, Kellogg, Others: Yale, NYU, Duke, Darden)
I was originally going to apply for round 1 for few of these schools with my existing GMAT score and retake GMAT in November and apply the rest in Round 2.
Then, I spoke to a Kellogg alum few days ago, he shared that he would focus more on writing killer essays and spend more time on mapping out the whole application rather than re-taking GMAT.
Unless I know for sure I will score 750 or higher. He doesn't see much advantage if I score 720 and below.
What should I do in this case?
1. Re-take GMAT (there is guaranteed higher IR and more likely higher score on AWA, probably similar math if not higher, but no guarantee on higher verbal as I stopped studying since January.) and keep the original application plan.
2. Go with what I have and spend much more time on other part of my application. And explain how I can mitigate extremely low score on IR section.
3. Other advice.
I know that getting a higher GMAT score is good in any case, but I'm trying to evaluate what would be the best way to allocate my time/effort with given capacity.