560 GMAT....very shocked...

lettysef · Posted: Sun Nov 11, 2007 7:06 am Post subject: 560 GMAT....very shocked...

Hey all...

First off, I'm looking at MS in accounting programs.

I took the GMAT yesterday and earned a shocking 560. My practice scores usually ranged from 640-670, with verbal scores in scaled 40-42 points. I scored better in quantitative than in verbal today (wow, the irony). So yah, I'm dazed.

I'm applying to Northeastern University, among others. The average GMAT score of enrolled students in the Northeastern MS in accounting/MBA program is 580.The average GPA is 3.25. Northeastern is my first choice, and I also hoped to receive a scholarship upon acceptance. I have a GPA of 3.89 from a small, no-name college. Now that my chances of getting a scholarship (or an assistantship of some sort) are slim, I'm wondering if I could even get in.

I've sent in application materials already. I have no full-time work experience (none is required for the program--they usually admit newly graduated liberal arts students), but I have leadership experience and am engaged in various extracurricular activities. Do I retake the GMAT or hope for the best? Please advice me...

I honestly don't know what happened. Maybe I was overconfident in my abilities (I scored 640 on my first cold test). I didn't put too much strategy into my studying and I regret it now. But 560? 560???? I'm considering retaking the test, but I have a month's deadline (in order to meet up with application due dates and others). The application deadline is January 15th and they accept only official GMAT scores. How do I formulate and carry out a plan strategy within a month? I need a good gmat score because I NEED an assistantship. Please help me out. I cannot also go for prep courses because I live in a rural area.

beatthegmat · Posted: Sun Nov 11, 2007 10:50 pm Post subject:

In my opinion, you're probably better off spending time on your application than spending time re-studying for the GMAT. 560 seems to be in the range of what candidate averages are at your target school.

One month is not a lot of time to study to improve your score dramatically...

If you are bent on re-taking, please take a look at the strategies discussed at:

http://beatthegmat.blogspot.com
http://del.icio.us/beatthegmat

Best of luck!

taapu · Posted: Wed Jan 23, 2008 11:46 am Post subject: Re: 560 GMAT....very shocked...

Hi folks! Idea

I'm writing to all those folks who are in despair after scoring 560 in GMAT. I reassure you guyz, 560 is not a bad score. With this score, I've got admission offer from International Business School, Brandeis University, Massachusetts, USA for MBA fall 2008 entry. What is most exciting is that they've also offered me 50% tuition scholarship (USD 18,336/year). If that was not enough, they also offered me a 10 year 5% fixed rate loan which will contribute another 33% of my tuition. I'll start paying off the principal and interst 6-months after my graduation.

In other words, I'll have to pay only 17% of my tuition and all other living costs from my own pocket in 2 years.

So, no worries, people! Prop up your Essays & Recommendation letters, and you'll also see wonders as I do.

I hope to provide you with some tips on crafting your Essays & Rec letters soon.

Good luck.
Tawhid,
Dhaka, Bangladesh,
GMAT: 560
IELTS: 8
Work Experience: 3 years in Business Process/Systems Auditing
Member: The Institiute of Internal Auditors (IIA)
ISO 9000 Series/Quality Management System Lead Auditor

Spicy61 · Posted: Wed Jan 23, 2008 9:10 pm Post subject:

yo. scholarships aren't the only form of assistance! sign up for fafsa?

hillzheng · Posted: Thu Apr 17, 2008 12:36 am Post subject:

And apply to the free scholarships on the net, such as fastweb.com