Hi zachdunphy26,
If you are not planning to apply to Business School until NEXT August, then you still have plenty of time to continue studying - which is great!
While it makes sense for you to focus on the GMAT at this point, since you are interested in some highly-competitive Schools, you would likely find it beneficial to speak with an Admissions Expert about your overall profile and plans. Those Experts should be able to answer your Admissions questions, the type of GMAT Score that you might "need" and help define the specific areas of your profile that could use some improvement. The more time you have to improve your application, the easier it should be to map out your activities for the next 8-9 months. There's a Forum full of those Experts here:
https://gmatclub.com/forum/ask-admissio ... tants-124/From what you've described, your studies so far have been "book heavy"; unfortunately, many GMATers who study in that way end up getting 'stuck' at a particular score level (and it's possible that this has happened to you as well). Even the best books are limited in what they can teach you; they also can't force you to approach questions in a certain way and their explanations are often one-sided. As such, you would likely find it beneficial to invest in some new, non-book study materials for this next phase of your studies.
If your current 'ability level' is in the low-500s to mid-500s, then statistically-speaking, raising a 550 to the point that you could consistently score 730+ would likely require that you commit to at least another 3 months of consistent, guided study - and you would have to make significant improvements to how you handle BOTH the Quant and Verbal sections. Thankfully, the GMAT is a consistent, predictable Exam, so you CAN train to score at a higher level.
1) Going forward, how many hours do you think you can consistently study each week?
GMAT assassins aren't born, they're made,
Rich