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Launched August 9, 2011
Expert replies
by z2themo1 » Mon Sep 21, 2015 8:29 pm
Hi,

Just wanted to see inquire about my profile and to see if you recommend taking the GMAT again.

I've taken the GMAT three times thus far, most recently scoring a 670 (IR7, Q47, V35), which is my best. My target schools in order of preference are:

1. Anderson
2. Marshall
3. Haas
4. Fuqua

About me: 29, African-American male living in Los Angeles, CA. Finance degree (3.25 GPA) from St. Bonaventure University (received an academic scholarship). Planning on applying through the Consortium for UCLA, USC, and Berkeley.

Experience: Currently I'm a Senior Consultant for a public finance investment management and advisory firm that works with municipalities (cities, states, hospitals, universities, etc.) and investment banks (all the major players) to provide analysis related to large-scale debt financing deals (the issuance of municipal securities to financial markets). I've been with my company for three years, and prior to that I worked as a financial program specialist for the US Treasury in Washington, DC for three years, implementing and managing e-commerce financial management systems that collect billions of dollars of non-tax revenue on an annual basis for all federal agencies worldwide. I've received numerous recognition awards at the Treasury and received the highest employee bonus last year at my firm for working on a huge SEC-initiated project in which the top five investment banks in the country hired us to conduct a 10-year financial compliance review for all of their municipal security deals (thousands each).

Extracurriculars: While in Washington, DC I coached youth basketball and started a successful charity campaign at the Treasury that earned the most donations agency-wide. Here in Los Angeles, I live and work downtown where I see the harsh realities of homelessness on a daily basis, which has led me to volunteer at numerous soup kitchens serving food, as well as tutor homeless children on a weekly basis.

Given my profile, do I have a realistic chance of being admitted to any of these programs? Would you suggest taking the GMAT a fourth time? I've studied for months and consistently score in the 700s on practice tests, but for whatever reason it hasn't translated to a 700+ on the real thing. Any advice would be much appreciated.


Thanks,
Zach
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Source: — Ask Admissionado |

by Jon@Admissionado » Mon Sep 28, 2015 9:54 pm
Zach,
To get quick to the point: I'd say take your shot now. I mean, you have a good profile, a good GPA, you are an African-American candidate applying through the consortium, and your GMAT is after three takes.

I mean I think the best way to look at it is best case/worst case.... Best case you are in and happy, worst case, you retake for next year (but EARLY). At 30 you won't be too old still.

And I think with your numbers Haas might be a bit of a stretch (you should still try), but the other two schools should be within range,

Best of luck!!!
Jon
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