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shazman
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Definitely retake. You can see UT Austin’s class profile at https://www.mccombs.utexas.edu/MSF/Admissions/2014-Class-Profile which shows a mean GMAT of 701 and middle 80% range of 650-760.

If you are unable to significantly raise your GMAT score after retaking the test, you might wish to consider less selective programs.

Good luck,
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MBAPrepAdvantage

If you are unable to significantly raise your GMAT score after retaking the test, you might wish to consider less selective programs.

Do you have any examples of less selective programs? Maybe for MS in management as well?
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Hi shazman,

Totally agree with above comments here. Your CGPA, internship in financial sector is really good and makes your profile competitive enough to apply for MS program from UT Austin. The only thing lacking in your profile is a good GMAT Score and work experience. I would definitely suggest you to retake your GMAT and gain some work experience to make your profile strong.

You may also gauge your chances of getting admission to top business school by trying this amazing tool https://bit.ly/1C9o2Md

Hope this helps.

Cheers,

shazman
I scored 550 on GMAT and want to go for MS finance to UT Austin

Bachelors in Business Administration (Major Finance)
CGPA 3.31
Internships in financial sector: bank and insurnace

What are the suggestions?