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adityaagarwal2001
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adityaagarwal2001
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Experts kindly provide me with the list of schools where I can expect fellowships with 630.
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Dear Aditya,

There aren't very many schools that would give you a fellowship at 630. Here is the rule of thumb that I have. Take a school's mean and 80% GMAT score range. If you are in the top 20% and you have good credentials then you have a chance to secure a fellowship. Given that the median score for top 50 schools is in the 630 range, a scholarship from these schools is difficult. If you need a scholarship, I would recommend that you have a singular focus to improve your GMAT score.

-Rajat
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Status: GMAT 630, retake in Oct end.
Yesterday i received my toefl score 111.
Mind Set: It would be ok for me if i get accepted in average school with scholarship/fellowship. obviously would be better if the same happens in good school (for that i am retakin GMAT).
Ques1: How good the score is?
Ques2: I was thinkin of applying to some average schools and hope to get fellowship with these score! once i take my next attempt i want to apply to good schools (with the hope of better score) in R2. Reason for applying now to a couple of schools is that i feel the probability of getting financial support is more in R1. So i wud be on safe side. or i shd just apply at once after second attempt? Need expert advice on this!!
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Also,
My gmat score 50Q 25V
so does the toefl score compensate gmat veb?
Need expert advice!!
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Dear Aditya,

The answer is no. In my opinion you will not be able to get a scholarship from an average school. Here is what your mindset needs to be:

1. You will do your MBA just once. A good GMAT score will help you get to a good school.
2. A 700+ GMAT score increases your chances of a partial scholarship, saving you up to $50,000.
3. A 750+ GMAT score will definitely go a long way in ensuring you get into a top B-school and get some fellowship. This, in my opinion, is worth hundreds of thousands of dollars over your lifetime.
4. You will be proud to put a 700+ GMAT score on your resume as a differentiate. This is because the person recruiting you would have taken the GMAT and hence will be able to value your achievement.
5. You need a 700+ score if you want to work for the big 4 consulting companies.

I hope the above helps change your approach.

Regards,

Rajat Sadana
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