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Should I retake? 710 Q47 V40 IR4

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Intern
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Joined: 11 Jan 2017
Posts: 13
Location: Indonesia
GMAT 1: 720 Q49 V40
GPA: 3.7
Should I retake? 710 Q47 V40 IR4  [#permalink]

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New post 29 Jun 2017, 03:59
I just took my GMAT this afternoon and was really disappointed, not so much because of the overall score, but because of the breakdown and the miserable IR component. Ability-wise, I know that I can definitely do better. My last three GMATPrep scores were higher and more balanced, with a perfect 8 for IR: 750 (Q49, V42, IR8), 720 (Q48, V41, IR8), and 720 (Q49, V38, IR8). The mock exams were taken within the last three weeks.

Some of you may wonder why I feel I need to retake despite having achieved a 700+ score.

Case for retaking:
I need a high GMAT score (especially the Quant component) to compensate for the pedestrian uni I attended and an undergrad degree that some people would term as a 'mickey mouse' subject. I need to demonstrate that I am a competent candidate, especially in Quant. With a sub par Quant score and an atrocious IR, I am worried that I would not be seen as a competitive candidate for my target schools (Cambridge, Insead, Cornell, and Oxford - ranked in order of preference). I do have a professional qualification in accounting but it is unfortunately not considered as prestigious as other qualifications such as CFA, CPA, and ACA.

Case for not retaking:
Financially, I am not in a good position to retake the GMAT; although it is not impossible, it would make a dent in my already precarious cash flow. Moreover, I have used up a lot of my annual leave for this exam sitting, so I will not have much quality study time left for the remainder of the year. Finally, I have exhausted every free resource out there, and splurged on Manhattan GMAT mock tests and GMATPrep Exam Pack 1.

I am thinking of cancelling my score. Before I do so, I'd like to hear your opinion:
- Is my current score competitive for my target schools, taking into consideration my less-than-ideal background?
- Will my current score hinder my post-MBA application to top consulting firms? I read on this forum that the consulting firms do take GMAT scores into account.
- If I do retake, what other resources can I use that don't require financial investment? Would resetting the mock exams be a good way to maximise resources already purchased?

Thanks and I look forward to hearing from you all!
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Joined: 26 Feb 2016
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Re: Should I retake? 710 Q47 V40 IR4  [#permalink]

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New post 29 Jun 2017, 08:53
2
710 is a decent GMAT score to begin with.
So, in my opinion i would not recommend you to cancel it.
You can have it as your back-up score.
That being said, I don't think another attempt will hurt your chances.

If you get a better score in your retake, it will be considered as your final score(B Schools consider the better of your GMAT scores)
Worst case scenario : Cancel it!

As for the retake,
GmatClub is easily the best free resource which you can immensely benefit from.
First advice to improve Quant score : Follow Bunuel.
Do everything he/she puts up and dig in to find some gems(Baker's Dozen, 12 Easy pieces, Tough and tricky questions....)

Also, the best resource you can invest in is GMATPrep EP2(since you already have GMATPrep EP1)/GMATClub Tests!
Hope this helps you in some way!
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Joined: 24 Jun 2017
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Concentration: General Management, Technology
Re: Should I retake? 710 Q47 V40 IR4  [#permalink]

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New post 30 Jun 2017, 07:48
I don't think you should cancel the score. You can continue practicing with the materials you have pending when you are comfortable to register for another test.
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Joined: 25 Jul 2015
Posts: 110
Location: Thailand
Concentration: Entrepreneurship, Marketing
GMAT 1: 550 Q37 V28
GMAT 2: 660 Q47 V34
GMAT 3: 650 Q44 V35
GMAT 4: 680 Q49 V32
GMAT 5: 740 Q49 V42
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Re: Should I retake? 710 Q47 V40 IR4  [#permalink]

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New post 30 Jun 2017, 10:51
Ecohing the other comments for this thread. You do not have to cancel your scores, 710 alone is good. If, however, you feel that it will be better for you to hit a higher quant score, go ahead and study for it when it's better for you financially and academically (for a better score).
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Re: Should I retake? 710 Q47 V40 IR4 &nbs [#permalink] 30 Jun 2017, 10:51
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