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Just took the test and didn't do so well. I got a 690. 2 years ago, that would have put me in the 90+ percentile. Now, 690 is around 88 percentile.
I don't want to sit for that exam again, but I take it that I will have a small chance getting into a top 10 school with a 690. The top schools have an average GMAT score of around 720 or so, but what's the range? How low do they go?
Just took the test and didn't do so well. I got a 690. 2 years ago, that would have put me in the 90+ percentile. Now, 690 is around 88 percentile.
I don't want to sit for that exam again, but I take it that I will have a small chance getting into a top 10 school with a 690. The top schools have an average GMAT score of around 720 or so, but what's the range? How low do they go?
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As a reassurance, plenty of people get in top schools with a 690.
First off, congratulations! 690, even if it means a 88 percentile, means that you beat out 88 percent of the test-takers. That's pretty amazing!
With that said, while top 10 schools may have an average around 720 (probably more like 710-715, but who's counting? ), keep in mind that with such a huge sample size at big schools such as CBS, half of the matriculating students are below 710-720 (and of course, half are above). Everything's a bit relative and if you ask anyone, GMAT score is only one indicator. I don't know much about you and your profile, so I can't be a fair-er judge to you. At any rate, a lower GMAT score can be complemented by a higher GPA. Good work experience and proven leadership skills can also help. A 690 alone will not be the judge of all things, as Stanford rejected GMAT scores of 800's as well. It depends on your whole package.
Lastly, on the GMAT subject - if you're constantly scoring higher than a 730 on your practice exams and believe that your ability is 730 or above, I think you should do yourself a favor and retake the exam and get that score. Otherwise, I don't think a 690 or a 710 would really make or break your application to, say, Dartmouth Tuck or Northwestern Kellogg. If you're constantly scoring around the 700 (+/- 10 to 20 points), you have really got a score that is around your ability. And if that were the case and that you're gunning for a 730 or above, it would take more than just signing up for an exam - it would take additional hours and hours of practice before you'd hit a 730. I'm not trying to douse your fire, but I hope you understand that your 690 alone will most likely not be the key to a rejection. It would be a combination of different factors that attribute to a rejection. On the other hand, a 740 on GMAT will not be the only reason schools admit an applicant; it would also be a myriad of reasons (great interviews, great essays, great letters, good scores, and good work experience) that get this same applicant admitted.
If you truly want a "range" of scores, simply look at the class profiles of the published information on the school's website. All top schools will print out their mid-80 percentile (10%-90%) of the GMAT scores. A mid-80-percentile of 680-740 would put you at a more difficult situation whereas a mid-80-percenile of 640-720 would put you at a pretty good advantage.
Thank you, Bakfed. I appreciate you taking the time to respond. My highest practice test score was 710 so the 690 is probably an accurate reflection of my current abilities. From your post, I get the sense that there isn't a big difference between 690 and 710. Being honest with myself, I'm probably not going to jump up to 760 in one month.