Whether to give GMAT a Second Try and If Yes When

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Dear All

I gave my first attempt at GMAT an year ago and got a score of 650. However, I did not apply anywhere on that score since i felt i should give it another attempt.
I resumed work shorlty after. However, i now wish to give my second (and also the last) attempt at gmat. But i am confused as to when should i be looking forward to actually giving it.
Problem is, since my last attempt was an year ago, i might need another three months of practice before appearing. So i am lookin at somewhere in May'10. I am looking forward to applying for Sept'11.
Do you guys think i am on time.

Please help me.

Regards
Rahul D
Source: — GMAT Strategy |

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by JasLamba » Sun Jan 24, 2010 7:57 am
Hi Rahul,

Firstly a 650 is quite a good score. Perhaps some questions you could ask yourself to know whether you are ready for a second trial are?

1. What is the nature of your job ? Do your daily responsibilities contribute to some of the tested concepts in GMAT? Are you a financial consultant making spreadsheets and calculating NPVs? Do you go through dense verbal material on a frequent basis? If so throughout the year you might have been developing some skills without actually having the GMAT as a focus. Take another test to see how you fare. Use it to diagnose the status qou.

2. 3 months of practice is fine - especially since your looking for a higher than 650. You should see if personalized training, a class, or what can help you achieve your target. So read the forum in and out to see what has worked for others and what could work for you.

3. Consider which programs you are interested in. On the basis of the programs which interest you and their deadlines you can target your GMAT test date. So, I would suggest researching your prospective programs and working backwards from there.

We are in Jan 2010 you are looking to apply Sept 2011. So if you start next month Feb 2010 you should be targeting to giving your GMAT June 2010. Looks like you are well in time. All will depend on you nonetheless.

All the best in your prep,
Jas

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by komal » Sun Jan 24, 2010 8:04 am
Hi rahdesh :

Should you repeat or retake GMAT?

There are a number of factors to consider if you are thinking about repeating or retaking the GMAT. Before discussing the factors to consider in deciding whether to repeat the GMAT, you should first consider these questions :


Will I increase my GMAT score if I repeat the GMAT?


On an average, students increase their scores by 10-30 points when they repeat the GMAT. However, remember that this is an average. This means that many students also score lower when they repeat their GMAT. There is no concrete data available to draw conclusions as to whether students have performed better or worse in their second or third GMAT attempts compared to their first attempt.

How this average will play out in your specific case will depend on many factors including

a) the amount of preparation or practice invested in your first GMAT, b) the reason for your disappointing GMAT score and c) the investment in subsequent GMAT attempts.

How does retaking the GMAT impact my application package?

Schools have access to multiple GMAT scores of a student. The score used in making the admissions decision varies for each school.

Most schools take your highest GMAT score. Many schools take an average as long as the difference in your scores is not large. If it is large, they may take the higher score. It is best to write to the admissions teams in the schools you are considering to find out what their specific policy is with regard to multiple GMAT attempts.

In general, B-schools don't penalize you for repeating the GMAT.

What are the factors I should consider in deciding if I should repeat or retake the GMAT?

The first factor that you should consider in deciding whether to repeat or retake the GMAT is what caused you to get your current score.

Some of the reasons are:

* Lapse of concentration
* Questions I missed in the early part of the test
* Just a bad day
* Insufficient practice
* Poor standardized test taking techniques
* No personalized GMAT test strategy

If the reason for your poor GMAT score is among the first three listed above, you have good reason to retake the GMAT. However, you should be certain that the reason for your disappointing results is one of the first three reasons above. A good check is to compare your actual GMAT test score with your recent practice test scores. If there is a large difference, there is a good chance that the reason for your disappointing GMAT score is one of the first three mentioned above.

If there is only a small difference in your actual GMAT test score when compared with your practice test scores, it is likely to be one of the last three factors. In this case, you must consider retaking the GMAT only after you have addressed the reason for your disappointing GMAT score. If you do not address the reasons for your low score, you are setting yourself up for another disappointing score.

If you need more test taking practice, allot time for practice before you retake the GMAT. If you need to improve your GMAT techniques, find someone to help you develop your techniques. More practice with bad techniques is not helpful. If you have practiced but don't have a personalized strategy developed based on your strengths and weaknesses, work with someone to develop such a strategy before you retake the GMAT.

In summary, repeating the GMAT without working on your errors is fruitless because you are not likely to see a significant improvement in your GMAT score. You may get a small bump up or could even end up with a lower GMAT score.

The most important factor to consider is the cause of your disappointing GMAT score. Once you have identified the cause, you should be able to decide if that cause can be eliminated given your current circumstances. If you can eliminate the factors that caused your disappointing GMAT score, go ahead and retake the GMAT. If not, don't waste time and money attempting the GMAT again.

This process of thinking about retaking the GMAT will allow you to arrive at the best answer to this question.

Hope this helps : )