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Achieved 720 with Q46 V44 for MSc Finance, should I re-take?

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Achieved 720 with Q46 V44 for MSc Finance, should I re-take?  [#permalink]

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New post 12 Oct 2018, 01:15
Hi Everyone.

Firstly thank you to everyone that submitted a post talking about their experiences with the test. The community is an invaluable resource that I would credit a lot of my success to.

I took the test yesterday, scoring highly in the Verbal section but arguably underperforming (relative to practice tests) in the Quant. I'll be applying to LSE MSc Finance, Oxford Financial Economics, Imperial MSc Finance, HEC Paris MSc Finance amongst others and whilst the overall score arguably sits within the range of acceptable scores, I feel that the Quant might drag me down.
Insert from Oxford website "We recommend that the quantitative scores are in the 90th percentile, the verbal scores are in the 80th percentile and the analytical writing score is at least 5."


I could sit the test in two weeks and try again, hoping for a similar Verbal and better Quant, but that would delay applications for the Masters, Summer Internships and probably make me fall behind on Undergrad work.

Also in the interest of context I have a few Internships in Finance, one in each summer of my undergrad and as I am in my final year (third) now, I'm also working 3 days a week in a Fintech startup in London. I'm on track for a first in a relatively quantitative subject (Economics) and I can show that my Quantitative skills are good enough to handle real world challenges by handling both the theoretical and numerical elements of the AI algorithm at work.

If anyone can provide any insight into my situation I'd appreciate it, thanks for reading.
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Re: Achieved 720 with Q46 V44 for MSc Finance, should I re-take?  [#permalink]

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New post 12 Oct 2018, 08:31
Congratulations BarbellEconomics ...... on the great GMAT score , especially on the Verbal one. V44 is not a very common one and is very difficult to achieve.

It will be great, if you can share some details about the same ( I mean ..... preparation, pacing , tips etc).

Congrats again and all the best for your application process.
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Achieved 720 with Q46 V44 for MSc Finance, should I re-take?  [#permalink]

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New post 12 Oct 2018, 08:42
Hi BarbellEconomics,

"We recommend that the quantitative scores are in the 90th percentile" means that you need at least q50 (86th percentile), ideally q51 (96th). Check out this thread:
https://gmatclub.com/forum/information- ... 1-120.html

And getting q50-q51 is not that easy, especially within 2 weeks.

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Re: Achieved 720 with Q46 V44 for MSc Finance, should I re-take?  [#permalink]

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New post 12 Oct 2018, 10:33
BarbellEconomics wrote:
Hi Everyone.

Firstly thank you to everyone that submitted a post talking about their experiences with the test. The community is an invaluable resource that I would credit a lot of my success to.

I took the test yesterday, scoring highly in the Verbal section but arguably underperforming (relative to practice tests) in the Quant. I'll be applying to LSE MSc Finance, Oxford Financial Economics, Imperial MSc Finance, HEC Paris MSc Finance amongst others and whilst the overall score arguably sits within the range of acceptable scores, I feel that the Quant might drag me down.
Insert from Oxford website "We recommend that the quantitative scores are in the 90th percentile, the verbal scores are in the 80th percentile and the analytical writing score is at least 5."


I could sit the test in two weeks and try again, hoping for a similar Verbal and better Quant, but that would delay applications for the Masters, Summer Internships and probably make me fall behind on Undergrad work.

Also in the interest of context I have a few Internships in Finance, one in each summer of my undergrad and as I am in my final year (third) now, I'm also working 3 days a week in a Fintech startup in London. I'm on track for a first in a relatively quantitative subject (Economics) and I can show that my Quantitative skills are good enough to handle real world challenges by handling both the theoretical and numerical elements of the AI algorithm at work.

If anyone can provide any insight into my situation I'd appreciate it, thanks for reading.
That's a very good score. You should reach out to your target school and check what they think of your Quant score. Don't take the bit about the 90th percentile too seriously, as the GMAT can't really differentiate that well at the high end of the Quant scale.

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Re: Achieved 720 with Q46 V44 for MSc Finance, should I re-take?  [#permalink]

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New post 12 Oct 2018, 11:24
Hi BarbellEconomics,

First off, a 720/Q46 is an outstanding score (it's above the 90th percentile overall), so you can comfortably apply to any Business Schools that interested you. As such, a retest is probably not necessary. With highly-competitive Finance Programs, a greater emphasis tends to be planned on the Applicant's Quant Scaled Score. While a Q46 is a solid performance, it won't "impress" anyone. That's not necessary a bad thing, since the application process includes so many pieces (and it certainly sounds as though you have a strong Quant and Analytical background) and that Score won't keep you out of any Programs in and of itself. In simple terms, it just won't be a "plus" in your overall application.

You're ultimately asking Admissions questions, so you would likely find it beneficial to speak with an Admissions Expert about your overall profile. There's a Forum full of those Experts here:

http://gmatclub.com/forum/ask-admission ... tants-124/

If you do choose to retest, then you could potentially learn and practice the proper Tactics over the course of 2-4 weeks and score higher. If you'd like to discuss that option in more detail, then you can feel free to contact me directly.

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Re: Achieved 720 with Q46 V44 for MSc Finance, should I re-take?   [#permalink] 12 Oct 2018, 11:24
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