What GPA/GMAT is needed to get into a top 5 school?

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by Lisa Anderson » Sun Sep 13, 2009 5:23 pm
Dear Shawn,

Based on the amount of experience you have and what you have recently been doing in your career, I think an executive MBA is probably a more appropriate choice for you. You did not indicate your rationale for going to business school or your career goals; however, if you plan to continue growing your own business(es), then I think you will find an EMBA to provide what you are seeking in a program. I highly encourage you to speak with the admissions folks at the schools you are considering to gain insight into the programs and determine whether they are a match for you.

Good luck,
Lisa
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by mohitsharda » Sun Oct 25, 2009 9:03 am
Hi Lisa,

I am planning to apply for full time MBA next year, for the class of 2013. I am targeting the top-10 MBA programs.
My GMAT score is 740 (Q 51/ V 38). I am a Mechanical Engineer from Indian Institute of Technology, Delhi (one of the best universities in India) and my GPA is 8.737/10 (Stood in top 5 of my batch). I am currently working as 'Project Manager' in a MNC at one of its manufacturing plant. By the time I apply, I will have only a year's experience and by the time I intend to join, my work ex would be about 2 years.

Can you help me figure out my chances of getting into a good program and what I need to do further??
MS

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by Lisa Anderson » Mon Oct 26, 2009 11:16 am
Dear mohitsharda,

You have the GMAT and GPA for a competitive application. Now, you need to have quality work experience demonstrating progression and accomplishments. It is also imperative you have a way to distinguish yourself from similar applicants. Many applicants do this through extracurricular or community activities and/or unique personal stories. Start thinking about how you can stand out in the applicant pool and gaining quality experience over the next year.

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Lisa
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700 gmat 3.1 gpa

by jessicsd » Fri Nov 06, 2009 10:57 am
Hi Stacy

Do you think I have a change at a top 10 grad school with a gmat of 700 and a gpa of 3.1 from USC business undergraduate. My resume is not that long, I graduated in 2006 and I spent a year trying to start my own company but was unsuccessful. I dont know if that is looked down on or not?
Thought, please! :)

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by Lisa Anderson » Sun Nov 08, 2009 2:19 pm
Dear jessicsd,

Your GMAT and GPA are competitive for a top 10 program. While your entrepreneurial venture did not succeed, it is what you learned in the process and how that experience has shaped your perspective that is important. Likewise, the quality of your resume, essays, recommendations and interview will be instrumental in your evaluation for business school.

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by mp2437 » Mon Dec 07, 2009 8:14 am
Hi Lisa,

My background is similar to the poster above me in that I also have 3.1 gpa (Ivy engineering) and 700 GMAT (Q50 V34). I worry if I should retake the GMAT as the verbal score isn't so high (would be my third time at GMAT). Do b-schools look more favorably at the quant, verbal, or overall score as a better gauge of performance?

I would have 3.5 years experience (as I graduated 1 year early) from 2 finance-related jobs involving increased leadership and responsibilities in each.

I am looking to apply to either Columbia or NYU's Langone program - do you think I have a competitive profile for either? Also, would you know if schools look more favorably at applicants applying at their alma maters?

One final though I had that I hope you can answer - for recommendations, do you think it is more valuable to get 2 recommendations that are work-related (1 from supervisor and another from someone I have worked with much), or is it better to get an academic recommendation from a professor I've worked with at the alma mater? Would the academic recommendation balance out the low GPA, or will it trigger the adcoms to scrutinize it even more?

Thanks for reading.

Best,
mp

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by harshavardhanc » Mon Dec 07, 2009 12:40 pm
Hello Lisa!

First of all, I really appreciate the kind advice which you are giving to the applicants!


Now coming to my story & question :

GMAT : 680 ( Q49, V34)
GPA : 2.6 (in Computer Engineering from one of the top 15 institutes in India)

I am a male Software engineer from India with 3.5 years of experience and some international exposure as well during this stint. So, I fall into a category which generally has a GMAT score of 700+ and has numerous applicants. Saying that, I seriously believe that I can easily increase my score and can make it more than 720 if I retake the test. I am hoping to get strong recommendations and I have a good story to tell in the essays. I will be looking at schools from an entrepreneurial perspective.

Problem : I took my GMAT on 2nd Dec. GMAT policy says that you can retake the test only after 31 days, which means I will miss the second round deadline if I retake.

Will you suggest me to enter the third round with a greater score OR apply in the second one with 680 ?



Thanks in advance!

Harsha
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by mp2437 » Mon Dec 07, 2009 1:09 pm
Third round is usually a very bad idea. I would say go for second round.

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by November Rain » Mon Dec 07, 2009 2:44 pm
Hi mp2437

I'm new around here so could you please tell me why is it a bad idea to apply for third rounds?

I just wanted to check if what I've heard is true: an applicant can have the best chances if he/she applies in the first round, and the latter he/she applies the worst chances his/her chances are.


Thanks

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by mp2437 » Mon Dec 07, 2009 3:07 pm
November Rain,

Welcome! Reading through the forums, many admissions consultants have uncovered that there is little difference between Round 1 and 2, and schools do not give any reason to believe otherwise. Historically, the percentage has been slightly higher statistically, but it isn't meaningful.

Round 3 is a different story. Most of the slots will have been filled in the first 2 rounds, leaving very little room for Round 3 candidates. Not saying it's impossible to get in, however, you are limiting yourself by applying at this time.

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by Lisa Anderson » Mon Dec 07, 2009 7:46 pm
Dear mp2437,

B-schools evaluate your GMAT from all angles and in relation to your transcript. So, since you are an engineer, it is not surprising you did well on the quant and there will probably be little concern on your ability to handle the quantitative/analytical nature of the business school curriculum. While your verbal is a little on the low side, your total score of 700 is strong and your essays and interview will be other data points for your verbal skills. I don't know that it is necessary to retake at this point in the game (especially if you are trying to hit R2 deadlines), but a higher score is not going to hurt you. Multiple GMAT attempts is not a negative, but GMAT test designers do note a point of diminishing returns for most folks, meaning at around the 3rd or 4th attempt you will not really alter your score significantly on subsequent attempts.

Based on the minimal information you posted, I would say you have the GPA/GMAT/Yrs experience that is right in the mix for both Columbia and NYU. If you believe you can put together a great set of essays and recommendations, then you would have a chance to stand out from similar applicants. Schools don't usually favor graduates from their undergraduate programs unless they don't see many of them in the applicant pool. So, I would not count on that being either a positive or negative for you.

You absolutely want your recommendations to be from your professional work experience. Academic recommendations are not seen as valuable to business school admissions folks. Business school is a professional program and as such, you are being evaluated as a professional. I think the two folks you noted in your post sound like a great idea.

Best of luck,
Lisa
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Dear Harsha,

As an international applicant, many schools have a cutoff of R2. So you need to verify that policy with the schools you are targeting, especially any in the USA. Generally speaking, you want to be in R2. You are from an overrepresented profile--Indian software engineer with ~4 yrs experience, 680-730 GMAT. As such, you have to find a way to distinguish yourself from the competition and you need to use the probabilities to work in your favor in terms of the number of seats available. By R3, there are so few seats and many schools will have already extended most of their international admissions offers. Now, if you are looking at schools in India, then things might be different. I think you have two options: 1) apply R2 with a 680 to schools with GMAT averages in the 650-680 range or 2) retake and apply next year in R1.

Good luck,
Lisa
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by harshavardhanc » Tue Dec 08, 2009 5:16 am
Thanks Lisa! I really appreciate your advice.
Regards,
Harsha

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by mp2437 » Tue Dec 08, 2009 6:45 am
Thanks Lisa, I appreciate your prompt reply! I didn't mention that I graduated a year early (I'm 23), would have 3 years experience by matriculation in finance-related jobs. Not sure if I'm too young to apply - debating whether to postpone until next year (ED) or apply RD now. Any advice?

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by Lisa Anderson » Thu Dec 10, 2009 2:08 pm
Dear mp2437,

You should apply when you feel you are ready. However, you do not want to rush your application or apply in R3. If you feel you will gain some quality work experience, then it might also be worth waiting another year. Only you can know when you are ready.

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by jzdchou » Mon Dec 14, 2009 7:16 pm
I have a 3.37 UG GPA in mechanical engineering from an Ivy. I was struggling with my GMAT before (scoring 640 twice) but this past weekend I was able to score 690 (88%, Q51/98%, V31/58%).

I was not really paying attention to my Q51 until later when other people started commenting how rare it is to see a Q51. I am not applying to top 5 but I am targeting MIT and Kellogg (2 highest ranked on my list).

From a simple academic standpoint, have I at least met minimum sufficiency? Being i had scored a V35 before, would Adcom worry about my V31? (I am a first generation immigrant and I am perfectly bilingual)

I do not believe I can raise my GMAT any higher nor am I willing to go through this process again. (Took GMAT 4 times, 590-640-640-690)