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rtbs15
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rtbs15
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I agree. Most students think that the GMAT is the only application criterion. Although it seems to be the most important one it is not the only factor Business Schools take into consideration...

If your application is good and the GMAT score 700 you have realistic chances to get into a great school. Don't retake the GMAT if you are too short on time and focus on your application...

Good luck!
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Some of the things you should be focusing on communicating to the admissions committee in your application:
1. Leadership experiences - both at work and outside of it
2. Communication and interpersonal skills
3. Interesting personal stories and insights
4. Goal clarity - why MBA, why now, what afterwards and so on

And if you are certain that you want to join an MBA program in 2015, spread your chances. Apply to a mix of ambitious, reach and safe schools.

Regards
Gowri

Gowri N Kishore
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rtbs15
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Wow! Thanks for all the replies. I will take your advices.
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I am going to go against the grain in this thread.

How motivated are you? If you are lacking any motivation or have any doubts then you should not retake the GMAT because you likely won't put in the kind of efforts necessary to ensure a better performance. However, if you are not lacking motivation, then you should evaluate your currently schedule and determine whether you have the time to devote to more studying. If you do, then you should definitely 100% take another stab at the test.

On my first try, I scored pretty close to the average GMAT score of the top business schools. However, I was disappointed by the score because I had been scoring far higher on my practice tests. I felt like this score did not reflect my abilities and would nag me for a long time if I just left it as it is. So I studied intensively for an additional month and finally got the score that fell within the range of what I had been scoring on my practice tests. I am now incredibly happy I didn't settle. I actively avoided threads like yours because I knew the standard advice was to just keep the score and use my time on the other parts of my application. I knew advice like this, while well-intentioned, would discourage me and make me have doubts. Advice like this also introduce fears and doubts I would not have otherwise. I feel like this is a cookie cutter response that may be harming a lot of students who have both the desire and the drive to achieve a far better score.

I think you seriously underperformed your verbal section. You are not a V37, you are a V40+. If I were you, I would schedule a retake ASAP and spend all my free time studying this section.
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You didn't tell us where you are applying. If you are not targeting the absolute top schools, you're probably much better off focusing on your applications. 700 is an excellent score! Most of my students would love to be facing your "dilemma." ;)
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