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Launched April 26, 2006
Expert replies
by Statz22 » Thu Feb 18, 2010 4:31 pm
Hi,

I really would appreciate anyones help with my current situation.

I'm at a cross roads as far as whether I should study 1 more month in order to retake the GMAT, or be satisfied with what I have depending on my likely hood of getting into certain b-schools. Currently I don't have a full time job and have alot of free time besides volunteering 2 days out of the week.

I spent the last 3 months following this program (https://www.beatthegmat.com/mba/2009/12/ ... -prep-plan) and felt I could have at least gotten a score in the mid 600s - I took the actual GMAT today and was disappointed with my score of 590.

I believe that timing had alot to do with it. I didn't start practicing pacing myself until the last few weeks and I know I had to guess randomly on the last 2 in quant for the actual GMAT. This really hurt my confidence for the remainder of the test.

Below is my profile:


Age: 23
School: University of Wisconsin-Madison (09')
Degree: Bachelor of Business Administration
Major: Finance, Investment and Banking
GPA: 3.7
GMAT: 590 (Q37, V34)

Resume highlights: Financial Rep Intern, Northwestern Mutual; Intern, General Electric - ANZ (Australia and New Zealand)

Volunteer: Currently tutoring math at a local highschool for students from families below whose income fall below the poverty line (link to the school: https://www.smdpwaukegan.org/), Big Brothers Big Sisters

Extra Curricular: Played Lacrosse throughout college, fraternity officer positions

Awards, Patents: various scholarships and awards, Dean's List 3 Semesters, created a provisional patent from an idea i developed in my marketing class

Interesting personal facts: studied/lived abroad in Sydney, Australia for 6 months (almost was killed by rogue wave!)

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I feel that except for my lack of full time work experience and my GMAT score, the rest of my application would be pretty solid.

In addition i don't think my Quant score accurately reflects my ability: I had A's in all my statistics courses, and mainly A's and A-/B+ 's in my finance/economic courses.

Where do you feel I currently stand as far as getting into MBA programs at schools such as UCLA, Michigan, Northwestern?

Would it hurt if I retake the GMAT in a month - in which I took the time to review and improve my time management/pacing with practice problems and tests?

Thank you for taking the time to look through all this - it would really help me out to get some insight on this.

Regards,

Jack
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Source: — Ask Stacy Blackman |

by Lisa Anderson » Fri Feb 19, 2010 5:16 pm
Dear Jack,

You do not indicate when you are planning to apply to business school, so I will assume you are planning to apply this fall for entry in fall 2011. To be honest, I think your chances at Michigan, Northwestern, and UCLA without any work experience is very small. With a 590, your chances decrease even further as the GMAT average for these programs is significantly higher. While your GPA is high and you have your tutoring, I'm not sure those two things are enough to mitigate the lack of professional experience and the GMAT score. If you really want to go to one of these schools, I encourage you to work for a few years, retake your GMAT, and continue your work in the community.

Good luck,
Lisa
Lisa Anderson
Consultant
Stacy Blackman Consulting

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by Statz22 » Mon Feb 22, 2010 8:09 pm
Thanks for your advice Lisa, I figured the same but just wanted to make sure. I think my course of action for the future is to find a full time job in my field, and in the meantime continue my volunteer service and review of gmat material.

Regards,

Jack
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