Scored 690 in Gmat, retake strategy

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Scored 690 in Gmat, retake strategy

by vsquarescube » Thu Aug 22, 2013 6:03 pm
Hello all,

Brief Introduction:

In Feb 2013, I realized that I needed to do an MBA, part-time. I am an engineer by background. English is not my mother tongue. With little to no preparation, I took a GMAT diagnostic test(online, don't remember the source) and scored a 650. Feeling good about myself, I gave myself a 2 month window to prepare and had scheduled my real GMAT exam in April 2013.

I knew that I will be admitted into a part-time program in any top school with a GMAT score in excess of 650 (and I thought I was almost there already without any preparation). With no scholarship opportunities available for part-time programs, I had little motivation to improve my GMAT score significantly. So, I hardly prepared those 2 months (except skimming through the OG and signing up for the 60 day Quant and verbal question of the day in this forum). On test day I scored a 690 (Q49, V34/35). I was relieved that the GMAT was out of the way for me.

Later, I will just add that, I was able to get admitted into all the part-time programs that I was targeting (Tepper & Katz basically, I am a Pittsburgh local). However, I came across a couple of other distance MBA programs from 2 of the top 20 schools that also apparently provide fellowships/scholarships and are very competitive.

I am sure I will get an admit in both of them with my current GMAT score and profile. However, I feel like I need a 730+ to get the scholarships/fellowships being offered. I NOW feel, I may have missed a trick here, by not preparing seriously for my GMAT in the first place :( I know, with a little preparation, I will definitely be able to improve my current score. And so I decided that I would give GMAT another go in 2 months time (End of Oct 2013).

So, here I am blogging for help from the experts on the retake strategy plan that would be appropriate for me. I a prepared to invest about 2 hours a day for the next 2 months.

My mock test history from my previous GMAT is essentially pretty naked. Although a week before I gave my actual GMAT exam, I took the 2 official mock tests, that were provided when I signed up for GMAT exam, and scored a 700 & 690 respectively. I found the actual GMAT test standard to be very close to those mock tests. Also, on the actual test day, I remember that I did not have enough time to answer the last 3-4 questions in the verbal section.

Any strategy help will be deeply appreciated.

Thank you.

-Sreeram

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by Mike@Magoosh » Fri Aug 23, 2013 12:07 pm
Dear Sreeram,
I'm happy to share some thoughts. :-)

First of all, here's a post you may find helpful.
https://magoosh.com/gmat/2013/should-i-retake-the-gmat/

The primary goal of the GMAT score is to convince adcom that you can handle the academics of B-school. A score of 700+ is a definite "yes" to that question. A score of 690 is in a grey zone --- depending on the school, probably a clear "yes", certainly not a "no", but maybe a "we'll see/ let's check his other stuff".

It get much more complicated when we bring in the issue of scholarships, because that depends not only on the individual school but also on the nature of the scholarship (need-based, merit-based, well-rounded, etc. etc.)

Here's what I'll say. With minimal prep, you have gotten a very good GMAT score. This suggests to me that, without a whole lot of focused prep, you could leap up to a very impressive score.

First of all, here's a blog on the best GMAT resources:
https://magoosh.com/gmat/2013/best-gmat- ... rces-2013/

If you want to focus for a month, here's a one-month study plan:
https://magoosh.com/gmat/2012/1-month-gm ... -schedule/
You probably could breeze through a great deal of that month plan and still get a lot out of it.

If you sign up for Magoosh, we have a score guarantee: 50 point increase or money back. For you, that's a new score of 740 or Magoosh is free. Not bad!

Does all this make sense?
Mike :-)
Magoosh GMAT Instructor
https://gmat.magoosh.com/