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I've taken the GMAT 3 times and scored 580 (Q41, V28), 540, (Q39, V25) and 630 (Q44, V32) in that order. On my last test, the 630, I ran out of time on the verbal section and had to guess on the last 6 or 7. I think I could bring up my verbal score but I was wondering if taking the test for the 4th time looked bad. What does the GMAT Club think?
if you show great improvement then it should show your work ethic and perseverance. But if you take a couple more times and you get similar scores then it might look that you are at "that level" and might be pointless for the adcom to ask you to take it again. I say devote 2 months to the next test and follow all the "steps" here and see how you do.
when i've heard this question posed to school adcom members, they usually dance around it and give a vague answer. basically, you can take it 4-5 times as long as you've shown some sort of improvement, and it shouldn't hinder your chances. if you rush to take it again and you get a 630 again, this might be viewed negatively, however.
i don't believe there is any correlation with undergraduate admissions / SAT and b-school admissions / GMAT. the application process is extremely different in both.
I think it's important to see that you are scoring within your expected range in practice tests before going in for a retake. Taking the test four times is not going to affect your chances negatively.
Look at it this way. In your fourth attempt let's say you get a score of 660. It's definitely better than a 630. Of course in order to get a 660 you should have been scoring in that range in your practice tests. Therefore take your time before going in for a retake. Considering the improvement you have made realistically you should be able to bump your Q score by about 4 points and and your V by another 3 points which should give you a final score of about 670-680.