Retaking the GMAT and R1/R2

[tk84]

Hi,

I took the GMAT today. Although I received a good score (720 - q49,v40), I'm debating whether to retake the exam. I really believe that on a second attempt I can score at least 740 (probably 750-760).

I'm applying to top-tier programs (H/S/W, Columbia, and NYU) and my undergrad GPA isn't the best (85/100, or around 3.3-3.5), so a really good score would definitely help.

The question is whether i should retake the exam?
If I decide to retake the exam, is it possible to apply in R1 and notify AdComs on an updated GMAT score? Harvard, for example, states that they are unable to accept any additional information sent after the application has been submitted. Do they enforce this rule?
Or do you believe it is best to wait for R2?

Thank you,
TK

[tk84]

Hi Alex,

I understand that my GMAT is overall sufficient, but I'm wondering what effect would a 750 (q50, v41) have on my candidacy?

My overall profile:
Israeli male, 27.
Have been working for the past year and a half as an analyst at a major VC fund (highly regarded in the industry). Served in the Israeli army for 4.5 years: roughly one year as a flight cadet, and three and a half years as an intelligence officer.
Got my undergrad from a top Israeli university, majored in accounting and economics (GPA - 85/100).
Solid extracuric. activities.

Once again, thank you, appreciate your advice.

[Stacey Oyler]

Hi,

Thanks for your post. You are correct in your statement about submitting a new GMAT score in round 1. Schools will not accept information including new GMAT scores after the deadline of the round of application. Therefore, if you want to submit a new score you should wait until round 2 to apply.

In regard your specific profile, you can certainly be competitive with your current score, however, if you feel quite strongly that you can improve your score, then you should plan to retake the exam. You want to feel 100% confident in all of your materials and if you feel like you can improve your score then you should give it a shot.

Best,

Stacey