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# Does Level 1 CFA make up for poor GMAT?

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Intern
Joined: 09 Nov 2009
Posts: 3

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Does Level 1 CFA make up for poor GMAT? [#permalink]

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09 Nov 2009, 13:01
I'm new to the site... this is my first post.

I rushed in to taking the GMAT to make an earlier round for application purposes and many have said the GMAT was easy; all that being said, I didn't put a great deal of time in to studying and scored 500. I'm embarrassed to even type it on an anonymous website, nonetheless, it is what it is.

3.2 GPA from a state school - Finance major
Study Abroad in Spain for a Summer (Lived overseas for 3 years during middle school)
2.5 years of work experience at large fund company (2 promotions)
Varsity soccer player Div 1
Passed Level 1 of CFA exam
GMAT: see above (I can't bring myself to type it again)
Interview went great!

Applied to Rd 1 for Vanderbilt... have no idea if they will laugh at my application or if I'm even an consideration.

I'm obviously taking the GMAT again - but Owen will notify me of admittance the day before my second GMAT - which will then help me decide on remaining schools.

What do you guys think?

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Current Student
Joined: 05 Aug 2008
Posts: 1263

Kudos [?]: 170 [0], given: 20

Schools: Ross 2012
WE 1: 5 Years at Fortune 50 Company in Manufacturing
Re: Does Level 1 CFA make up for poor GMAT? [#permalink]

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10 Nov 2009, 13:06
I think you should just retake the GMAT and then worry about it. With a 500 and if you believe that is not your true potential then you really don't even have a basis to go off of for you application. It's all gonna come down to your second GMAT test before anyways can give you an idea of what are good schools
_________________

Kudos [?]: 170 [0], given: 20

Intern
Joined: 10 Nov 2009
Posts: 7

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Re: Does Level 1 CFA make up for poor GMAT? [#permalink]

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10 Nov 2009, 14:52
Honestly,

I think your chances are pretty low. Vanderbilt is a competitive school; I think you should aim to earn at least a 650-700.

Congrats on the CFA Level 1 Exam though, I know it is very difficult.

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Intern
Joined: 09 Nov 2009
Posts: 3

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Re: Does Level 1 CFA make up for poor GMAT? [#permalink]

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10 Nov 2009, 17:14
Thanks for both responses...

What I expected, to be honest. I am taking it again (11/21), I just took a Kaplan practice exam and scored a 600. I blew the first GMAT exam off and it clearly shows. I ran out of time on Quant and guessed on the last 5 and I know that killed me.

Appreciate you guys commenting, though!

Thanks for the congrats on the CFA - I honestly found studying for that much easier than the GMAT because it was practical and more enjoyable.

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Intern
Joined: 09 Nov 2009
Posts: 3

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Re: Does Level 1 CFA make up for poor GMAT? [#permalink]

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08 Dec 2009, 15:31
Well, I took the GMAT again... still not great. Scored a 600. Currently waitlisted at Vanderbilt. Taking the GMAT one more time, ideally to break above the 650 range. We'll see...

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Intern
Joined: 16 Apr 2012
Posts: 1

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Re: Does Level 1 CFA make up for poor GMAT? [#permalink]

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16 Apr 2012, 00:58
I think you should just retake the GMAT and then worry about it

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Senior Manager
Joined: 01 Apr 2010
Posts: 297

Kudos [?]: 59 [0], given: 11

Location: Kuwait
Schools: Sloan '16 (M)
GMAT 1: 710 Q49 V37
GPA: 3.2
WE: Information Technology (Consulting)
Re: Does Level 1 CFA make up for poor GMAT? [#permalink]

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18 Apr 2012, 12:13
I agree with what was posted above. Definately redo the GMAT.

Kudos [?]: 59 [0], given: 11

Manager
Joined: 19 Mar 2012
Posts: 171

Kudos [?]: 55 [0], given: 13

Location: United States
Concentration: Finance, General Management
GMAT 1: 750 Q50 V42
GPA: 3.69
WE: Analyst (Mutual Funds and Brokerage)
Re: Does Level 1 CFA make up for poor GMAT? [#permalink]

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18 Apr 2012, 12:36
Yep, a lot of people have trouble with the GMAT on the first go-around especially with very little prep work done. I think if you put in the time to study, you'll see big strides in your score, which will definitely help you out with the likes of Vanderbilt

Kudos [?]: 55 [0], given: 13

Re: Does Level 1 CFA make up for poor GMAT?   [#permalink] 18 Apr 2012, 12:36
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# Does Level 1 CFA make up for poor GMAT?

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