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Retake 740 (Q48, V42)? Goal to secure scholarship at LBS

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GMAT 1: 740 Q48 V42
Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 31 Jul 2019, 08:22
Hello,

I have just today taken the GMAT for the first time and received an (unofficial) score of 740 (Q48, Q42). I appreciate that this is a good score but I felt I could have done better.

My goal is to apply to London Business School in September and hopefully secure at least a part scholarship as I will struggle to finance the MBA otherwise. I am applying for their first wave of applications for this reason (as all the relevant scholarships will still be on the table).

While I recognise that the GMAT is not the only consideration for a scholarship, I am also aware that a higher score gives you a better chance of securing one.

However, I have only the following 3.5 weeks to make sure the rest of my application is as strong as possible as I am away from then until the application deadline.

My questions is: do I retake the GMAT in 3 weeks with the goal of scoring 760+ or do I focus all my efforts into the rest of the application?

For context, my previous (official GMAC) mock scores, over the past 6 weeks, were:

1. 700 (Q45, V40)
2. 740 (Q49, V42)
3. 720 (Q49, V40)
4. 760 (Q51, V42)
5. 730 (Q50, V40)*
6. 770 (Q49, V49)

* this test was taken at the end of a very emotionally distressing day. I share this information for full contextual disclosure (of course, emotional events could happen on the day of the exam too)

The rest of my profile is fairly generic: white British male, state educated, working class parents, studied Maths and Physics at undergraduate level, qualified mathematics teacher (taught in a state school for 3 years), worked in consulting (Big 4) for 4 years, currently work in the group strategy function of a FTSE 250 F&B company.

Any advice that you can give would be very much appreciated.

Thank you
Owen
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Joined: 30 Sep 2017
Posts: 226
Concentration: Technology, Entrepreneurship
GMAT 1: 720 Q49 V40
GPA: 3.8
WE: Engineering (Real Estate)
Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 31 Jul 2019, 10:16
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Hi owenrgates

I would fully concentrate to prepare my MBA application within the remaining time. MOST test takers, including me, actually experienced lower gmat score during their first retake (usually within 1-3 months after first exam). I am not undermining your ability, but 740 is meaningfully, if not significantly, higher than the average 690-700 score in LBS. You can ask others' experience.

GMAT is just a single data point of the entire MBA application. Adcoms look at the whole package to consider admission and scholarship. After all, you can always resubmit your (higher) GMAT score for reconsideration of scholarship, after getting accepted in R1.

Wish you best outcome in your application.

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Re: Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 31 Jul 2019, 11:02
owenrgates wrote:
Hello,

I have just today taken the GMAT for the first time and received an (unofficial) score of 740 (Q48, Q42). I appreciate that this is a good score but I felt I could have done better.

My goal is to apply to London Business School in September and hopefully secure at least a part scholarship as I will struggle to finance the MBA otherwise. I am applying for their first wave of applications for this reason (as all the relevant scholarships will still be on the table).

While I recognise that the GMAT is not the only consideration for a scholarship, I am also aware that a higher score gives you a better chance of securing one.

However, I have only the following 3.5 weeks to make sure the rest of my application is as strong as possible as I am away from then until the application deadline.

My questions is: do I retake the GMAT in 3 weeks with the goal of scoring 760+ or do I focus all my efforts into the rest of the application?

For context, my previous (official GMAC) mock scores, over the past 6 weeks, were:

1. 700 (Q45, V40)
2. 740 (Q49, V42)
3. 720 (Q49, V40)
4. 760 (Q51, V42)
5. 730 (Q50, V40)*
6. 770 (Q49, V49)

* this test was taken at the end of a very emotionally distressing day. I share this information for full contextual disclosure (of course, emotional events could happen on the day of the exam too)

The rest of my profile is fairly generic: white British male, state educated, working class parents, studied Maths and Physics at undergraduate level, qualified mathematics teacher (taught in a state school for 3 years), worked in consulting (Big 4) for 4 years, currently work in the group strategy function of a FTSE 250 F&B company.

Any advice that you can give would be very much appreciated.

Thank you
Owen


You have a very good profile as well as great GMAT score. So, you are appling in Round 1, then you would have fair cahnces to get high % of scholarship amount. all the best.
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Re: Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 31 Jul 2019, 11:17
Congratulations on your great score. I think you can still secure a good scholarship fromantic your choice of school. It all depends on your conviction. All the best.

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Re: Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 31 Jul 2019, 20:52
1
Hi Owen,

First off, a 740/Q48 is an outstanding Score, so you can comfortably apply to any Business Schools that interest you. As such, a retest is almost certainly NOT be necessary. Since you have a specific application plan and timeline already, you would likely find it beneficial to speak with an Admissions Expert about your overall profile - and what you might do to strengthen it. There's a Forum full of those Experts here:

https://gmatclub.com/forum/ask-admissio ... tants-124/

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GMAT 1: 740 Q48 V42
Re: Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 01 Aug 2019, 07:02
Hi everyone,

Thank you for all your responses, they are much appreciated.
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Re: Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 02 Aug 2019, 03:26
1
Hi owenrgates

740 is an outstanding score.

I suggest you concentrate on your applications rather on the retake.

HTH
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Re: Retake 740 (Q48, V42)? Goal to secure scholarship at LBS  [#permalink]

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New post 02 Aug 2019, 12:36
Hi ownegates,

I agree that you should be pretty set with 740. That said, it would not hurt to reach out to one of the many admissions consultants here on GMAT club to get another opinion. If you do end up retaking, feel free to reach back out, and I’d be happy to help.
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Re: Retake 740 (Q48, V42)? Goal to secure scholarship at LBS   [#permalink] 02 Aug 2019, 12:36
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