dcl5110
Hi all,
I need some opinions on what to do with a 640 GMAT score. I took the exam yesterday and this was my 3rd attempt. I am trying to decide whether to cancel the score or not.
Some background info: I graduated from Penn State in 2014 with a 3.71 GPA and I have about 5 years work experience at two large banks managing investment portfolios for high net worth individuals. I received the CFA designation in 2016. I am targeting top 20 full time MBA programs. My target originally was getting a 680+ to be competitive. However, it appears I have plateaued and I am not sure how much higher I can get on this test. My scores are below:
2017 I took the exam with hardly any studying and received a 530 (kept score)
2019 I got serious about MBA, began studying in January this year, took the exam in April and received a 620 (cancelled score)
2019 I took the exam after 1.5 months of studying between exams and yesterday received a 640 (cancel or no?)
I plan on taking the exam one more time. At this point I feel my realistic target is to get above the 650 threshold (ideally a 660-670).
That all being said, would there be much value in keeping my 640?
Any thoughts would be appreciated.
Thanks
Dan
Hey Dan,
Here are the points I keep in mind before deciding whether to cancel or keep the score:
- If the score is far below target score, I prefer to cancel.
- If the test taker has taken GMAT multiple times and the current score is in the same range as before, I prefer to cancel.
- Cancelled scores can be reinstated within 4 years and 11 months of exam date. Hence, if needed, the score can be reinstated later but it cannot be cancelled after the 72 hrs period so I prefer to cancel.
If you are targeting a 660 - 670 in your next attempt, it is not very far from the current 640. So the 640 on your score card will not add any value and in fact, will show that you have not improved much from one attempt to another. So if money is no constraint, I would cancel the score right now and reinstate later if it comes to that (to keep my score card clean 530 - 670).
If money is a constraint, there isn't a lot of harm in keeping the 640.