I normally would not recommend a retake with that score, but I understand your desire to reflect your quant ability most favorably. With a background in engineering and career experience in finance, it's unlikely they would question your quant skills, but if you think you can get a 49 on the quant, then go for it. One thing you will need to focus on is the work experience. Because you hail from a very crowded feeder industry, you will be competing against the most impressive consultants in the country, some with more experience and possibly more impressive leadership evidence. You must compare yourself against these applicants and choose to highlight areas of your profile which will be able to sway the adcoms to select you over them. Think of reasons why the perspective you offer from a second tier firm may in some ways be of superior value in the classroom vs. someone's perspective in a bulge bracket firm in tier one. If you do this, you will begin to uncover the true differentiators in your profile.
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