Should I retake the GMAT Overview
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Updated on: 08 Feb 2006, 19:39
Should I retake the GMAT Overview
I receive so many questions on this issue that it seemed logical to provide a basic overview. As usual, these is merely intended as general guidance and you are welcome to contact me for more specfic advice.
1) Clearing the Issue
2) CBA
1) Clearing the Issue
I am a strong proponent of risk minimization if bearing additional risk provides insufficient marginal returns. Accordingly, I strongly encourage students to maximize their performance on the GMAT. If you know that your overall, Q, or V score is weak you can fix the problem. If you fail to fix the problem, there is a potential that this weakness could result in a lower chance of admission.
A simplified risk calculus
i) Leave the deficiency alone >>> possible reduced chance of admission
ii) Clear the issue by posting a high score >>> GMAT is zeroed out as factor or counts in your favor
2) Cost Benefit Analysis
Of course, at times the additional work that one puts into increasing the GMAT score could be better spent elsewhere (e.g. the essays or extracurricular/outside activities). However, careful planning can eliminate or minimize many of these tradeoffs. Finishing the GMAT well before the application season reduces the need for the GMAT and essays to compete for your attention. In addition, selecting your portfolio well in advance will save considerable time as well.
Just to be clear, many students apply and are accepted with relatively low GMAT scores. However, I urge those who are serious about attending programs in the top clusters to take all reasonable measures to maximize their chance of admission.
Originally posted by
Hjort on 29 Oct 2005, 15:46.
Last edited by
Hjort on 08 Feb 2006, 19:39, edited 1 time in total.