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georgepaul0071987
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Concentration: Finance, Finance
GMAT 1: 710 Q48 V40
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georgepaul0071987
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georgepaul0071987
Yeah so a score of around 710-730 should give you a decent chance t any school right ?

I'm asking because I see people in other forums saying the want to retake the test despite scoring 730+ ! What could be the reason for that ?

Posted from GMAT ToolKit

There are three reasons to retake in that range.

1) You blew it on the quant section (aka Q42 V50 for a 730 or something like that) Even with a high overall score, a really low quant score can hurt your overall chances.
2) You are going for a scholarship. Often times a really high GMAT can help if you absolutely need a scholarship, or think you are strong enough in other areas to earn a merrit scholarship but need a 99% score
3) You left a bunch of points on the table. If all your practice tests are at 770 and you scored a 710, then it's worth a retake b/c 60 points more is obviously going to help your application.

With a 710-730, your GMAT won't KEEP you out of any school in the world. But at the same time a 770 will not GET you into any top school in the country. Once you've hit a strong score, it's your job to bring a strong application in every other area. At a certain point, you have to decide how your limited time and resources are best spent to improve your application. If you are shooting for a 10-30 point increase on the GMAT (which is never a guarantee) your time is most likely better spent in other areas. A higher GMAT score is always better, but you have to consider the opportunity cost of taking the GMAT again.
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Thanks for the input !

Posted from GMAT ToolKit