Good day everyone,
I have slightly complex question. I started my preparation process for the admission of 2023/2024 MBA program now (August 2023). And yes, I know that I won't be prepared for the 1st round.
Before starting, I agreed that in case I wouldn't be accepted in 2023/2024, due to any life circumstances, changes or lack of time for preparation etc. I am OK with 2024/2025.
The question: What version of GMAT exam should I start to prepare now in my particular situation?
Preparing for Original GMAT: (+)
* Availability of many quality prep materials and resources
* All MBA schools are ok with it
(-)
* Timing. If by the end of 2023, I will not get the required score (above 720 at least), I will have to re-take only GMAT Focus exam in 2024. For which I wouldn't be prepared - Risk of losing money/time/efforts
Preparing for GMAT Focus:(+)
* Safety option, in case if I will not get the required score in 2023.
(-) or I would say risks
* Less prep materials than Original GMAT - Risk of being unprepared.
* Some MBA Schools will accept it only in Round 3, or even not accept in 2023/2024 admission (Warton, HBS) - Risk of not getting in 2023/2024 program
* Schools may not be sure/confident how to compare against the Original GMAT - Risk of not getting in 2023/2024 program
PS1: I am going to apply for Top10 US MBA School. I scored on last GMAT prep exam in 2018 (620, yep I know, that's why I am ok with next year admission)
PS2: Maybe preparing for GRE exam would be better?