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30 Jan 2014, 08:55
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Hi Guys,
I took my GMAT today and scored 720 (Q-49, V-40, IR-7). I am awaiting my AWA score but I wanted your opinion on whether it makes sense to re-take GMAT. My target schools are Booth,Wharton, Stern, Columbia and Harvard.
I know it is an extremely vague and subjective question. But is there any utility in retaking GMAT to improve my chances for the above schools? I noticed that my GMAT score is lower than the average/median score for Wharton (725), Booth (723), Harvard (730) and Stern (721). I am also mindful that this might possibly go up further when the statistics are released for Class of 2016. While I have read that being marginally below the average per se does not automatically mean a rejection of application my concern is more around whether GMAT serves to function as a differentiator when applications are being evaluated.
As an Indian male, I will, almost certainly be competing against a huge pool of candidates with similar background and profile. In such a scenario does one’s GMAT score make a difference? Or is GMAT primarily an initial filter to evaluate whether a candidate is capable of succeeding in the program or not?
Additionally, if it is the former, will my work ex in Banking in London (Non Technology Related) and my CFA qualification possibly help offset this? I do not want GMAT to be the reason for getting rejected and hence my apprehension.
Happy to provide further info on my background.
I took my GMAT today and scored 720 (Q-49, V-40, IR-7). I am awaiting my AWA score but I wanted your opinion on whether it makes sense to re-take GMAT. My target schools are Booth,Wharton, Stern, Columbia and Harvard.
I know it is an extremely vague and subjective question. But is there any utility in retaking GMAT to improve my chances for the above schools? I noticed that my GMAT score is lower than the average/median score for Wharton (725), Booth (723), Harvard (730) and Stern (721). I am also mindful that this might possibly go up further when the statistics are released for Class of 2016. While I have read that being marginally below the average per se does not automatically mean a rejection of application my concern is more around whether GMAT serves to function as a differentiator when applications are being evaluated.
As an Indian male, I will, almost certainly be competing against a huge pool of candidates with similar background and profile. In such a scenario does one’s GMAT score make a difference? Or is GMAT primarily an initial filter to evaluate whether a candidate is capable of succeeding in the program or not?
Additionally, if it is the former, will my work ex in Banking in London (Non Technology Related) and my CFA qualification possibly help offset this? I do not want GMAT to be the reason for getting rejected and hence my apprehension.
Happy to provide further info on my background.
30 Jan 2014, 15:24
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Congrats on a great GMAT score! You already know that you fall smack right into the averages of your schools. I came across this article by F1GMAT yesterday that I thought was very interesting and applies to your situation.
https://www.f1gmat.com/gmat-bombed
Clearly, you didn't bomb the GMAT by any means, but the article lays out the chances of your score improving if you do retake. The opening line is pretty ominous: The GMAC claims that statistically speaking, retaking the GMAT is unlikely to raise your score.
You have to decide if re-taking the GMAT is worth your time and effort, or if you should spend that time and effort improving other parts of your application.
Regards,
Elizabeth
https://www.f1gmat.com/gmat-bombed
Clearly, you didn't bomb the GMAT by any means, but the article lays out the chances of your score improving if you do retake. The opening line is pretty ominous: The GMAC claims that statistically speaking, retaking the GMAT is unlikely to raise your score.
You have to decide if re-taking the GMAT is worth your time and effort, or if you should spend that time and effort improving other parts of your application.
Regards,
Elizabeth
31 Jan 2014, 03:30
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BethEconomistGMAT
Hi thanks for this Elizabeth. Will certainly go through the article you posted and evaluate the trade off. Additionally, will you be able to shed some light on whether business schools have different GMAT cut-offs for candidates of different nationalities. For instance, as an Indian Male , I wonder whether my GMAT score will fall on the lower side in comparison to other probable Indian Candidates applying to my target schools ? Hence my apprehension. Is this something you can possibly shed some light on?
