botirvoy
bherronp, first of all, congratulations with the great result!
Coming to your question, in general schools try to understand your score by
a) looking at you background - if you did engineering (or similar), they would expect better result in quant
b) assessing you goals - if you want to go to a highly analytical industry or function, then again they would expect higher quant score.
c) application pool - if you are from, say, India, you are essencially competing with lots of candidates with similar background and one of the easy ways to distinguish candidates is picking high GMATters.
d) other factors - E.g. they look at other parts of your application.
In the GMATClub, there are candidates who had similar experience - you may wish to ask them you questions (E.g. look for a post by pelihu)
Thanks for the response. I had given up on anyone responding.
a) I have a business undergrad degree. I have strong scores in all of the quantitative business classes, except calculus (took it freshman year, didn't put enough effort in).
b) I am not interested in PE, IB, VC at this time. I am much more interested in developing the financial, managerial, and operational skills needed to run (and perhaps build) companies.
c) I am from the US, but I am in IT (network engineer), so the IT background may play against me, due to the large number of IT applicants overall.
I took a week off to think about it, and I decided to take another shot at the GMAT. I don't feel that my quant score is good enough, and I don't think that it accurately represents what I can do. While I will never be one of those people scoring a 49 or 50, I generally score mid to upper 40s on practice CATs.
Mishari:
I wish I had some secret for you on the verbal section. I am a native english speaker, and I have always had strong verbal skills. To be honest, I did not work very hard on the verbal section, it came pretty naturally. I suppose it may be the same way on the other side of the coin for those with very high quant scores. Unfortunately, when it comes to quant I struggle when faced with more difficult problems.