Greetings. I posted this in another forum section but then saw "Ask an mbaMission Admissions Consultant" and thought perhaps it might be more relevant here.
I took the GMAT and scored a 750 (V45 Q48) . I'm interested in getting into a top-notch program, (not necessarily MBA, but possibly MS). Financial aid is extremely important, i.e. I'm aiming for a top program and scholarship.
I'm considering retaking the exam. The main reason is that my IR score, at 4, was mediocre/low. I'm concerned that when my score report is reviewed, that my IR will be taken into consideration by admissions and financial aid officials. Remember, I'm looking for a scholarship as well as admission to a top program.
There is a lot of information out there which says that most programs do not consider the IR important in admissions decisions. But exactly how true is that, especially when applying to the most competitive programs? Are there circumstances when IR does become "important", such as when applying for financial aid at top schools, or does a high GMAT score calm the risk of a "red flag" being raised? Would a "4" on the IR section even raise a red flag in the first place? Just how important is it?
Again, I ask these questions because I'm pondering retaking the exam, in hopes that an improved IR score won't appear incongruous (and hence raise question marks) to admissions and financial aid officials. I did not prepare for the IR section before the exam, focusing solely on Q and V. I prepared only for about two months, and wanted to make sure I got as much Q and V prep in that time as possible, at the expense of IR. Why? Well, it's because of all the literature that says the three-digit GMAT score is the only score that really matters...
Unfortunately, now I'm not so sure. What should I do?