ardeshir19
I recently scored 740 (q50 v40). To be honest I was quite disappointed. I know 740 isn't terrible but in my practice tests I was consistently getting 760+ towards the end.
I think I can get 770 or so if I give it again but I'm not sure if it's worth it? The key questions I have are;
1) will AdComs see a 'big' difference between a 740 and a 770/780?
2) how much do potential employers care about GMAT scores? (I'm thinking maybe it's more likely to get interviews if they see a 780?)
3) if I get lower than 740, can I cancel and hide this score and just stick with the original 740?
Few more points about me:
- I have a 'generic' profile (Indian male in Banking, although living/working in London) so I know need to set my self apart a bit more
- I have a clear weakness in GMAT (Sentence Correction!) so at least I know where to concentrate the second time round to improve
- Undergrad GPA is average (3.3 - 3.5 equiv, UK university), but have also passed all 3 CFA exams
- Targeting Columbia / MIT / Wharton / Booth
740 is an excellent score, but a 760+ is very much within your reach if you were getting 760+ consistently before taking the exam (especially if you were getting those scores on GMATPrep practice tests). It is actually possible that a 760+ falls within measurement error itself (that is, the GMAT score you received is not as accurate as it could be).
I would take the GMAT again if I were you, because yes, a score lower than 740 can be cancelled (and "hidden" from everyone else) and because Indians applying to the schools you mentioned are likely to have very strong GMAT scores. Just remember to put most of your effort in working on the rest of your application. A 20-30 point increase in score is unlikely to change things drastically (might help with some scholarships though).