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Intern
Joined: 03 Dec 2011
Posts: 10

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

Concentration: Finance, Strategy
GPA: 3.54
WE: Corporate Finance (Consumer Products)

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04 Dec 2011, 22:39
I am contemplating taking the exam again and wanted to reach out to this community for feedback. After taking the test three painful times, i scored a 680 today (50 quant/31 verbal). Im lookin to apply to hbs, chicago, wharton, and columbia second round (early january). Given the score and time constraint, does it make sense to retake? My understanding is that admission officers will give greater weight to the math score, which may make the 680 sufficient. What are your thoughts?

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

Founder
Joined: 04 Dec 2002
Posts: 15883

Kudos [?]: 29115 [0], given: 5272

Location: United States (WA)
GMAT 1: 750 Q49 V42

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04 Dec 2011, 22:52
The rule of thumb is to invest your time into what gives the greatest ROI.

On the GMAT, it is probably as good as it gets (after 3 times that is) 680 happens to be slightly agove the lower border of the 80th percentile of the schools you are targeting.

If this was your first attempt, I would recommend going for another one without any studying - chances are you will get 30 more points for nothing but after 3 times I would hate to waste you another \$250 and 720 with OK essays is much worse than 680 with great essays.

So, here would be my suggestion:
1. Focus fully on the applications and essays - work extra hard on these
2. Order GMAT Roadmap book from MGMAT and then spend 1-2 hrs browsing it to see if you can find any Aha's. If you do, and they make you feel that you may have a good shot, you may want to schedule a 4th round. If nothing jumps out, keep working on the applications. (by the way, I just finished reading and wrote a review on the Your MBA Game plan book - recommend it)

I just posted this table for another member with average GMAT Scores:

Here are the averages/80th percentile for top schools:

 GMAT Scores for Top MBA Programs # School Name Average Gmat 80% GMAT range 1 Stanford GSB Full-time MBA 728 680-770 2 Harvard Business School Full-Time MBA 724 680-770 3 Yale Full-time MBA 722 680-760 4 Wharton Full-time MBA 718 670-760 5 MIT (Sloan) Full-time MBA 718 670-760 6 UC Berkeley (Haas) Full-time MBA 718 590-730 7 Dartmouth (Tuck) Full-time MBA 716 670-760 8 Chicago (Booth) Full-time MBA 715 660-760 9 NYU (Stern) Full-time MBA 715 660-760 10 Northwestern (Kellogg) Full-time 2 Year MBA 714 660-760 11 Columbia 2 Year MBA 712 670-760 12 Indian School of Business Full-time MBA 712 670-750 13 UCLA (Anderson) Full-time MBA 710 680-750 14 Michigan (Ross) Full-time MBA 704 650-750 15 London Business School Full-time MBA 702 16 Oxford (Said) Full-time MBA 700 17 UVA (Darden) Full-time MBA 699 640-750 18 Duke (Fuqua) Full-time MBA 697 620-760 19 Washington University in St Louis (Olin) Full-time MBA 695 640-750 20 CMU (Tepper) Full-time MBA 694 640-750 21 University of California Davis Full-time MBA 692 650-740 22 UC Berkeley (Haas) EWMBA 691 640-750 23 Northwestern (Kellogg) Part-time MBA 690 24 USC (Marshall) Full-time MBA 690 640-740 25 Cambridge (Judge) Full-time MBA 690 630-740 26 Chicago (Booth) Part-time MBA 687 27 UCLA (Anderson) FEMBA 687 640-730 28 Cornell (Johnson) Full-time MBA 687 620-740 29 UNC (Kenan-Flagler) Full-time MBA 686 550-720 30 Notre Dame (Mendoza) Full-time MBA 685 600-750

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Kudos [?]: 29115 [0], given: 5272

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