A little background information: Graduated from UF in 2005 with a 3.8 and a double major in Finance/Economics. Went on to UVA to get my Masters in Accounting. CPA Certified with 4 years experience in public audit. Looking to transition into private equity, and going back to school would make this transition alot easier. I took my GMAT yesterday and scored a 640 (Q 47, V 31). I was a little disappointed with this score as I was averaging 680 during my practice exams. My question is, would it be worthwhile to retake the exam? Is the difference between a 640 and 680 big enough to significantly effect the decision by the admissions department? I am planning on applying to a few of the top schools (Stanford, Kellogg, Columbia, etc.). I know that admissions take everything else into account, and not just the GMAT score. Just looking for some advice from someone who knows more about the admissions process than I do. Thanks in advance.
Just my 2 Cents (not an expert):
The schools that you are targeting will probably want higher GMAT scores. With that being said, the rest of your application seems quite strong and you probably have a shot at them with your current GMAT score, but improving to 680 would SIGNIFICANTLY improve your chances, IMO.
