It is currently 18 Nov 2017, 13:01

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# 740 without studying; go for 800?

Author Message
TAGS:

### Hide Tags

Intern
Joined: 06 Jun 2013
Posts: 5

Kudos [?]: 1 [1], given: 0

740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 08:47
1
KUDOS
I don't want to hear any kudos. Intelligence takes on many forms and it is neither something that we control nor something to be proud of, but merely a lottery that we enter before we are born. I am here because I have a serious question. I did not get to study for the GMAT because I wanted to complete it before I started my job out of undergraduate and I only had a 1 week window. I went to a non-target, middling undergraduate university, ended up with a 3.7 (3.9 in-major) in mathematical economics, and I was fortunate enough to get the economics medal. I work in corporate finance at a bulge bracket and plan on working here for approximately three years before applying to business schools. I am working on becoming more invovled in community service and will make this a larger and larger portion of my life, as it is extremely important to me. I have my heart set on a top 3. Given this context, my questions is this: is there value in studying a sufficient amount to increase my score to an 800? I could not find any statistics with regards to the effect of changes in higher-end scores on admissions rate, and I would also like to know if anyone has such statistics and could provide them.

Kudos [?]: 1 [1], given: 0

Intern
Joined: 30 Aug 2013
Posts: 6

Kudos [?]: [0], given: 0

Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 09:02
perhaps breaking down your sectional scores will help since many schools emphasize quant more than verbal. Any redflags with AWA or IR?

Kudos [?]: [0], given: 0

Intern
Joined: 06 Jun 2013
Posts: 5

Kudos [?]: 1 [0], given: 0

Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 09:07
48Q, 44V. I took a practice test and the quant was 99th percentile, but I got nervous when I was taking the test and butchered the timing. However, I had a 4.0 in math classes in college including real analysis, stochastic processes, calc 3, etc., and scored 90th percentile quant on the GRE. I could specify this in my application. AWA was a 6.0 and IR was a 7. PS, I like your username, Glaucon :p

Kudos [?]: 1 [0], given: 0

Intern
Joined: 30 Aug 2013
Posts: 6

Kudos [?]: [0], given: 0

Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 09:13
I've heard many applicants with your mathematical background get a free pass for a lousy quant score, although none graduated from "non-target middling universities". Could you be more specific as to which, or were you just being militantly modest?

Kudos [?]: [0], given: 0

Intern
Joined: 06 Jun 2013
Posts: 5

Kudos [?]: 1 [0], given: 0

Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 09:19
I would put it on the same level as Fairfield University. It is a good school but I don't know if they've ever sent a student to a top program. It does have a respectable business school, and I'm grateful for the education that I received there.

Kudos [?]: 1 [0], given: 0

Intern
Joined: 30 Aug 2013
Posts: 6

Kudos [?]: [0], given: 0

Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 09:31
I heard, although I can't recall where, that no business school in the world has a median score higher than 720, so your composite score is definitely sufficient. I've also heard, I think from poetsandquants, that Stanford rejected every applicant with a perfect 800 score a few years back. So I can only concur with your suspicion that your score is adequate enough, and that the deciding factor will be your work experience. However, there's one major caveat to consider: I know that quite a few masters in finance programs, like my target school HEC Paris, and my alma mater, the University of Toronto, will not accept GMAT scores older than two years regardless of however long GMAC says they're good for. I don't know if this is unique to MFE/MSc programs or whether business schools simply all differ in this respect. If your plan is to wait three years before applying, you may very well have to rewrite the GMAT if you want to broaden your target schools. And thank you, very few 'poets' know who Glaucon is nevermind math/econ quants.

Kudos [?]: [0], given: 0

Intern
Joined: 06 Jun 2013
Posts: 5

Kudos [?]: 1 [0], given: 0

Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 12:02
Glaucon wrote:
I heard, although I can't recall where, that no business school in the world has a median score higher than 720, so your composite score is definitely sufficient. I've also heard, I think from poetsandquants, that Stanford rejected every applicant with a perfect 800 score a few years back. So I can only concur with your suspicion that your score is adequate enough, and that the deciding factor will be your work experience. However, there's one major caveat to consider: I know that quite a few masters in finance programs, like my target school HEC Paris, and my alma mater, the University of Toronto, will not accept GMAT scores older than two years regardless of however long GMAC says they're good for. I don't know if this is unique to MFE/MSc programs or whether business schools simply all differ in this respect. If your plan is to wait three years before applying, you may very well have to rewrite the GMAT if you want to broaden your target schools. And thank you, very few 'poets' know who Glaucon is nevermind math/econ quants.

I was not aware that certain MFE programs were not accepting scores that were less than 5 years old. I will have to research this in regards to MBA programs. Thank you for your thoughtful response.

Kudos [?]: 1 [0], given: 0

Founder
Joined: 04 Dec 2002
Posts: 15857

Kudos [?]: 29061 [0], given: 5258

Location: United States (WA)
GMAT 1: 750 Q49 V42
Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 14:01
I am assuming that's your GMAT Prep score?

I don't know that 800 makes sense - I don't think it will hurt but you may want to cross the 99th percentile/760 barrier if it is pretty easy/straightforward. That gives you a few benefits:
1) 99th percentile to have on the resume/etc
2) Some consulting companies ask about it and have a min score
3) You can get a part time job as a GMAT Tutor/teacher/etc

P.S. 800 does not make a lot of sense as a goal and though i have heard about Stanford and 800 scores, I think it is a rumor and not a golden rule, but I would agree that 800 does bring a big of extra scrutiny just because people don't like perfect things. Just human nature.

P.P.S. Your background checks out for a great score but be careful with practice vs. real test. There is a variance. Just be aware.
When you do take a test, please post back - I am very interested in the final result for my crazy statistical purposes.
_________________

Founder of GMAT Club

Just starting out with GMAT? Start here... or use our Daily Study Plan

Co-author of the GMAT Club tests

Kudos [?]: 29061 [0], given: 5258

Intern
Joined: 30 Aug 2013
Posts: 6

Kudos [?]: [0], given: 0

Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 19:43
bb wrote:
I am assuming that's your GMAT Prep score?

I don't know that 800 makes sense - I don't think it will hurt but you may want to cross the 99th percentile/760 barrier if it is pretty easy/straightforward. That gives you a few benefits:
1) 99th percentile to have on the resume/etc
2) Some consulting companies ask about it and have a min score
3) You can get a part time job as a GMAT Tutor/teacher/etc

P.S. 800 does not make a lot of sense as a goal and though i have heard about Stanford and 800 scores, I think it is a rumor and not a golden rule, but I would agree that 800 does bring a big of extra scrutiny just because people don't like perfect things. Just human nature.

P.P.S. Your background checks out for a great score but be careful with practice vs. real test. There is a variance. Just be aware.
When you do take a test, please post back - I am very interested in the final result for my crazy statistical purposes.

It's his real score if he got a 6.0 AWA.

Kudos [?]: [0], given: 0

Founder
Joined: 04 Dec 2002
Posts: 15857

Kudos [?]: 29061 [0], given: 5258

Location: United States (WA)
GMAT 1: 750 Q49 V42
Re: 740 without studying; go for 800? [#permalink]

### Show Tags

25 Sep 2013, 21:46
Thanks. I see it now... I guess in that case I would say it may not be worth retaking... unless an ego is involved
_________________

Founder of GMAT Club

Just starting out with GMAT? Start here... or use our Daily Study Plan

Co-author of the GMAT Club tests

Kudos [?]: 29061 [0], given: 5258

Re: 740 without studying; go for 800?   [#permalink] 25 Sep 2013, 21:46
Display posts from previous: Sort by

# 740 without studying; go for 800?

Moderator: HKD1710

 HOT DEALS FOR NOVEMBER Economist GMAT - Free Free 1-week trial + Free Test Kaplan Courses - Save \$475 \$225 Discount + \$250 Bonus Target Test Prep - \$800 \$50 Discount + \$750 Bonus [GMAT ClubTests and Premium MBA Bundle] EMPOWERgmat - \$99/mo GMAT Club tests included 2nd month GMAT Club Tests - Free Included with every course purchaseof \$149 or more - Full List is here

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.