jarallen09
Hi,
I just took the GMAT this weekend and scored a 720 overall with a 42 in Quantitative, a 47 in Verbal, and an 8 IR. I was wondering if the low quantitative score is too much of a red flag, which would preclude me from getting into a top ten business school.
I'm not sure how a strong quantitative background makes up for this. I have my bachelors degree in Finance with a 3.81 GPA, I have passed all three levels of the CFA exams, just waiting for a couple more month of work experience to earn the charter, and I currently work in equity research.
I am wondering if i should retake the GMAT or if my other experiences would allay any concerns admissions would have based on my quant score and I should therefore focus more on extracurricular activities to improve my profile.
Thank you very much,
Jared
jarallen09 Hi Jared, kind of depends. Where are you applying? My guess is HBS, Booth, CBS. If you are aiming for HBS they really like to see 49 or above. Are you planning to submit for round 1? If that is the case, would recommend that you put this to the side and do a bang-up job on your applications, honestly. Trying to do both with ensure that neither is done well, believe me. Your quant background does help, and CFA info can go in the optional essay and will help your case. If you really wanted to nail this down you could do MBAMath.com
I'm not sure about Round 2 for you, you are fairly overrepresented in terms of finance. Would only do that if you strongly feel that you can bring that score up 40 points by early October. Can't cut into your time for applications. If they don't like your application the GMAT won't save you.
If you are planning to apply next year, definitely bring up the score. Find a way to do this in tandem with ECs. You might want to engage a reputable tutor to fast track things. If you are applying this year, trying to put something on the board all of a sudden for your EC profile might look insincere and might do more harm than good, unless you have a track record of past involvement with that org.
Hope this helps~!
Farrell