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lxa
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lxa
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well both,

i would like to find out which schools should i target for mba

and whether i should retake it if i decide to apply to Master of Finance programs (they care about overall score and Q score, and my Q is only 48)

cheers!
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lxa
well both,

i would like to find out which schools should i target for mba

and whether i should retake it if i decide to apply to Master of Finance programs (they care about overall score and Q score, and my Q is only 48)

cheers!


First...congrats for your excellent score...Just shortlist the schools of your interest and roll on with your apps...If I were you, I would have donated my GMAT books already..Just get on with the next steps dude...
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You say in your subject heading "I will retake it"; but then in your message you are asking whether you should re-take it? I don't know anything about the international schools and I don't know anything about MFE programs, but I'd bet money that 750 will put you in with the very best applicants at Vanderbilt and Brandeis.

If you were talking MBA at Harvard, Stanford or maybe Wharton, there might be value in a higher GMAT, provided you do at least 30 points better (the standard error range is about 30 points). At Vanderbilt and Brandeis? Don't be silly.

If there is some special reason why MFE programs look more closely at the Q score and if you believe your Q score is not competitive, then you may need to re-take it. I don't think anyone here has that information.

Typically, MBA programs look at your academic background as a whole - if you have a low GPA then a high GMAT can balance it out. If you have a high GPA then you might be able to get by with a slightly slower GMAT. The key is that once you establish your overall academic ability, there's little value in getting a higher score, especially (hate to be repetitive) at places like Vanderbilt and Brandeis. I have nothing against those schools and I have no direct information about them, but admissions to those places just aren't competitive when compared to the ultra-elites.

My personal reason of re-taking the GMAT was because I scored about 40-50 points lower on the real thing than in practice, and because my verbal score was substantially lower than any practice result that I had taken. I also have a non-quantitative backgroud and I wanted to show that I could compete with the "big boys" in Q.

BTW, I believe we have established that top score on Q right now is 51, so you can't get 52 even if you re-take it and score perfectly. Look, I'm not among those that believes there is anything magical about 700 or even 750, and I honestly believe that if you can improve by 30+ points, your application will in fact be more "eye-catching", but given the time commitment necessary to prepare for and take the test again, along with the possibility that you might not improve your score, I can't say that I agree with re-taking in your case. If you are sure that you can improve by 30+ points and if you are sure that the schools will recognize the difference, then it may be worth it, but otherwise, no.
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Is this post a joke?

I'm no admission counselor but I think with your background you can safely target H/S/W/Anywhere you want.

And do yourself a favor, don't take the GMAT again.
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diegmat
Is this post a joke?

I'm no admission counselor but I think with your background you can safely target H/S/W/Anywhere you want.

And do yourself a favor, don't take the GMAT again.


Uhhh, yea. I'm going to have to agree. Go fill out your applications and wait for your acceptances.
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lxa
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I appreaciate all the coments. I am really confused, and this post is definately not a joke.

On one hand i understand that 750 is a good score, but given my lack of full time experience after college I am not even certain if i should even bother with aps to top 10. I know that i have decent stats, internships, co-aps, leadership activities, etc, but i have hear so much about the importance of the full time work experience criteria, that i am seriously completely confused.

Anyway, thanks for all your responses, and i am hoping to get some more insider.

Cheers
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lxa
I appreaciate all the coments. I am really confused, and this post is definately not a joke.

On one hand i understand that 750 is a good score, but given my lack of full time experience after college I am not even certain if i should even bother with aps to top 10. I know that i have decent stats, internships, co-aps, leadership activities, etc, but i have hear so much about the importance of the full time work experience criteria, that i am seriously completely confused.

Anyway, thanks for all your responses, and i am hoping to get some more insider.

Cheers


I understand the reason for your question better now. If you do not have any post-college work experience, that's a different story. Many business schools do not give serious considertion to people without a couple of years of full-time work experience. You can find this out on their websites, but Tuck, Michigan, Northwester and others admit virtually no students without at least 2 years (and generally more like 4 years) of work experience. A higher GMAT will not help you in places like these. Again you'll need to check the data yourself; I didn't pay attention to those stats because they didn't apply to me.

There are some schools that have been admitting "early career" candidates directly out of college. I think Harvard started it, but Stanford, Wharton & UCLA are among those that consider people directly out of college. Of course, all of these schools (especially H/W/S) are extremely tough to get into, regardless of what stage you are at, and it's also clear that only a small percentage of their students are admitted directly from college (maybe 3-4%). Without the traditional work experience, they look for high levels of involvement and other things. I would say that if you are attempting to compete for these few dozens seats at HWS directly out of college, a higher GMAT score would in fact help your cause. There's just not that much data on this subject though.

It would probably help (and may be a necessity) to be named Trump or Kennedy, or have the words Rhodes or Fulbright around your name; at the very least mabye valedictorian and Princeton. 3.9 Magna is impressive, but given the competition here, it probably wouldn't stand out.
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pelihu
It would probably help (and may be a necessity) to be named Trump or Kennedy, or have the words Rhodes or Fulbright around your name; at the very least mabye valedictorian and Princeton.


Pelihu, could you please explain what "be named Trump or Kennedy" and "Rhodes or Fulbright" means? Are these some US academic awards? Never heard of those, so just wanted to clarify... Thanks!
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