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!