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Accepted!- cancel the GMAT?

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mmarie22
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Accepted!- cancel the GMAT? [#permalink] New post   09 Feb 2014, 12:19
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Hello everyone! So I have my GMAT schedule for Tuesday, and I have been studying non stop for the past month. I had taken it around a month ago and did not receive a good score- it was below the 25 percentile for my target schools. So I explained to my top school picks that I didn't want to submit such a low GMAT score, but at the same time, I didn't want to submit my application soo late into the cycle either. A few allowed me to submit my application as is, and then retake the GMAT and update my application later.

So last Monday, I was invited to one of the schools for an interview, and too my surprise, two days later I received acceptance plus a 60% scholarship (crazy surprised, my GMAT score was NOWHERE near their median range). I'm accepting the offer but now I'm wondering whether to cancel my GMAT test on Tuesday. The school didn't mention anything about it in their acceptance (like stipulate a condition), but I'm still worried that that not taking it will somehow reflect poorly. I'm not looking around for more acceptances- this was my top choice, and I don't see how my GMAT score will at all affect anything other that b-school admission.

I usually wouldn't mind just taking it to be on the safe side, but I'm taking a section of my CPA exam next week, and I could use all the study time I can get. One extra day of studying can make a huge difference on the exam (especially since I failed by a single point last time).

Any ideas on what to do?
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rg2014
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Re: Accepted!- cancel the GMAT? [#permalink] New post   09 Feb 2014, 12:31
Congrats!!
I feel that leaving the GMAT exam would be a find decision. You have been selected plus offered a scholarship means that your profile stands out. Selection to any B-school depends on the overall profile and not just on the GMAT score. I think that you can always justify not reappearing in GMAT with your selection in the college you want.

Btw, if you feel it okay to share, what colleges did you target and what were your scores?
Thanks in advance.
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mmarie22
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Re: Accepted!- cancel the GMAT? [#permalink] New post   09 Feb 2014, 12:53
rg2014 wrote:
Congrats!!
I feel that leaving the GMAT exam would be a find decision. You have been selected plus offered a scholarship means that your profile stands out. Selection to any B-school depends on the overall profile and not just on the GMAT score. I think that you can always justify not reappearing in GMAT with your selection in the college you want.

Btw, if you feel it okay to share, what colleges did you target and what were your scores?
Thanks in advance.


Well my choice of schools was limited to several factors. BTW I'm applying for a MS Finance degree and not a MBA.
First, to best suit my career goals, I wanted to enter a program that was NOT heavily quantitative, but instead pretty comprehensive. Second, due to some current family issues, I have to stay within the northeast area. And third, I did not start studying for the GMAT until December, which did not give me nearly enough time to get a decent score. So when I received my GMAT score in January I received a 600 (which isn't the worst, but I had a extremely low quant score- 45V and 31Q). So given all these factors, I limited my choice to Boston College and U Rochester.

U. Rochester was the school that accepted me with the scholarship. I have an undergrad degree in Accounting and a 3.57 GPA. I attended BC Law School for a year and withdrew September 2013 with a top 25% GPA. I don't have any full time work experience since I went straight from undergrad to law school, but I do have very strong internships and volunteer work.
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CMcAboy
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Re: Accepted!- cancel the GMAT? [#permalink] New post   09 Feb 2014, 13:28
mmarie22 wrote:
rg2014 wrote:
Congrats!!
I feel that leaving the GMAT exam would be a find decision. You have been selected plus offered a scholarship means that your profile stands out. Selection to any B-school depends on the overall profile and not just on the GMAT score. I think that you can always justify not reappearing in GMAT with your selection in the college you want.

Btw, if you feel it okay to share, what colleges did you target and what were your scores?
Thanks in advance.


Well my choice of schools was limited to several factors. BTW I'm applying for a MS Finance degree and not a MBA.
First, to best suit my career goals, I wanted to enter a program that was NOT heavily quantitative, but instead pretty comprehensive. Second, due to some current family issues, I have to stay within the northeast area. And third, I did not start studying for the GMAT until December, which did not give me nearly enough time to get a decent score. So when I received my GMAT score in January I received a 600 (which isn't the worst, but I had a extremely low quant score- 45V and 31Q). So given all these factors, I limited my choice to Boston College and U Rochester.

U. Rochester was the school that accepted me with the scholarship. I have an undergrad degree in Accounting and a 3.57 GPA. I attended BC Law School for a year and withdrew September 2013 with a top 25% GPA. I don't have any full time work experience since I went straight from undergrad to law school, but I do have very strong internships and volunteer work.


I would suggest reaching out to current students to see if potential employers look at your GMAT score. I'm not real familiar with your degree program, but if it is like the MBA, some companies will want to see your GMAT score.

In addition, at this point, I'm not sure if you will get a full refund. During one of my GMAT attempts, I tried to reschedule my exam the day of, but the fee for doing so was $250 dollars! I decided to go ahead and take the exam anyways and ended up with a 70 point improvement!
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TheEconomistGMATTutor
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Re: Accepted!- cancel the GMAT? [#permalink] New post   13 Feb 2014, 09:14
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Hmm. Congrats on getting accepted!! I am not sure if the GMAC would offer any sort of partial refund, but that might sway me to cancel, especially since you got accepted to your top choice with a scholarship! Plus you don't want to take away too much study time from your CPA exam.

To the other poster's point though, I have read a couple articles about some top consulting firms asking for GMAT scores in their application process, so that is also something to consider. Also something to consider -- if you did score higher on this second GMAT, would Rochester give you more scholarship funding?
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suprada
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Re: Accepted!- cancel the GMAT? [#permalink] New post   14 Mar 2014, 05:52
Hello , I. Think you have a undergrad degree in accounting , and you are planning for a masters in finance. , that why they accepted , my university also mentioned that if I have an undergrad degree in accounting or a masters degree then I don't need to write GMAT.

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Re: Accepted!- cancel the GMAT? [#permalink]
14 Mar 2014, 05:52

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