jarallen09 wrote:
Hi,
I just took the GMAT this weekend and score a 720 overall with a 42Q, 47V, and 8IR.
I am wondering if my low quant score is too much of a red flag for top 10 schools and should retake, or if my other experience makes up for this and I should focus on other areas (extracurricular).
I have my bachelors degree in Finance with a 3.81 GPA, have passed all three levels of the CFA exams, and work in equity research.
Any help would be greatly appreciated
Thanks!
Jared
Whoa, congrats on the great composite and the epic verbal score, Jared! Please send some of that verbal mojo over to our brothers and sisters in the verbal forums.
It's hard for me to imagine that schools would be fundamentally worried about your quantitative abilities with a background like yours. Finance degree, 3.81 GPA, CFA x3? That all looks great. Maybe they'll flinch at the 42 anyway, though. And keep in mind that average scores are north of 730 for some of the top programs now -- so as a male applicant in finance, a 740+ would look awfully nice.
More importantly: I'd bet anything that you're totally capable of raising that quant score. Like, by a lot. I'd also bet anything that you made a whole bunch of careless errors on questions that you're capable of handling. Did you happen to get an ESR? If so, you'll probably see all sorts of evidence of errors on not-super-tough questions.
So the biggest reason for you to retake is probably the fact that you most likely have the talent to gain 5-7 extra points on the quant section. So unless you've struggled a whole lot more with GMAT math than with your undergrad degree and your CFA... why not take another shot or two? A 47Q/47V -- or even a 47Q/44V, or something like that -- would put you on much stronger footing if you're applying to elite programs, and I'm pretty convinced that you can pull that off.
Let us know what you decide to do!