First off, this forum seems to be dedicated almost exclusively to those trying to get a 700+ GMAT score and acceptance to Top 10 b-schools and such. I am not one of those people. So here's a story for us middle-roaders with the GMAT. My target was a 550+ to meet the recommended (not required) GMAT score for my school of choice.
I first took the official GMAT practice test over a month ago and got a 500. I took the practice test without even knowing what was on the GMAT at all. I hadn't looked at a single book or piece of information about the GMAT. I then spent the next month studying and improving on my scores and taking various practice tests including another go at the official GMAT practice test. The main book I used for studying was the 2011 Princeton - Cracking the GMAT.
Today I took the GMAT for real for the first time and scored a 500. This surprised me a great deal. Firstly, I felt very good about the Quantitative portion of the test. I felt like I knew how to do the problems and was coming up with the right answers in most all cases. I really expected the Q score to be pretty decent for me. Turns out that I must have been picking all the trap answers or just doing everything wrong - my Q score was a 26. Again, this really suprised me when the scores came up since I felt confident about most all of my answers.
Conversely, I felt like I wasn't performing to my full potential on the Verbal section of the test. This is my strongest suit as far as the GMAT is concerned, but I really felt more confident about how I did on the Q section than the Verbal section. Turns out I got an acceptable 34 on the Verbal section.
It's odd how you feel like you're doing well on one section and maybe underperforming a bit on the other - but the scores are completely opposite of what I thought they'd be. I really felt I did well enough to earn a 550 today, but apparently not. Again, I was quite shocked when I saw that I got a 500. It came up and I just went "what?!". I felt more confident that I earned a 550+ today than on any of my practice tests that I did get a 550+ on. I also find it interesting that all my studying apparently didn't do me one bit of good. I got a 500 on the official GMAT practice test taking it completely blind, and got a 500 on the actual GMAT with countless hours of studying under my belt.
So a 500 it is. My GMAT score was the final piece of the application process, which had a deadline of July 1st so there's no time for a retake. So I guess I'll find out if I get accepted to the program based on other factors such as my essays and recommendations very soon. If I don't get accepted, I will continue my GMAT studies to earn a higher score in time for the next application period. But hopefully I will merit acceptance based on factors other than my GMAT score.
* As a side note, I will say that today was probably an unfortunate test day for me, or maybe not. I am an avid soccer fan so having the US game this morning and then taking the GMAT immediately afterward was probably not the best scenario for me. But again, I wasn't lacking for confidence. The US won a thriller over a superb Algeria team which lifted my spirits heading into the test, and I felt confident about how I did in the Quant section of the test which is my weakest section. But apparently that confidence was misguided considering my score. Hmmm.