Urgent advise needed regarding retaking GMAT

[ankit_gupta01]

Hi,

I took the GMAT in October 2008 and scored a 730..... however, I really wanted to get 750 + to boost my application. I am due to take the test in two days (July 30, 2009). I am practising from MGMAT and taking some tests and have also worked on my weak areas. However, I am unable to see consistency in my scores. I got a 710 and 690 on the Practice tests 1 and 2 from MGMAT.

The question is would it hurt my application if my score goes below the previous one. I know B-schools say that they only consider the highest score but do they really mean it. Should I venture at the test or just not take it and be happy with what I have.

Please advise ASAP>

Thanks a lot,
Ankit

[ankit_gupta01]

took the third test today and hit a 710 again.... really confused....

my math score is set at 48 and verba keeps fluctuatuing....... on the real GMAT the math was 49....... please advise.......

[ankit_gupta01]

I realized I did not include my basic profile info:

BS in Biotechnology - Rutgers University (GPA: 3.7/4.0) - graduated May 2005
Passed CFA Levels I and II, awaiting result for Level III.
GMAT: 730 (Q49 and V 40)
I will have 5 years of full time work experience ( about 2 years as Implementation Consultant for an EHR company), and Operations/Finance Manager for 3 years with healthcare company.

I am targeting top 10 schools: HBS, Berkeley, Stanford, Columbia, Wharton, LBS, Indian School of Business.

Do I need to retake the GMAT?

[mbamission]

I don't think a higher GMAT score is going to make a significant difference in your candidacy. You have already done well on the test (you scored above the average GMAT score for your target schools)...and you successfully passed levels 1 and 2 of the CFA. It might be better to focus on writing your essays and developing your story for your application at this point.

Best of luck...and congrats on the 730!

Monica Okrah
MBA Mission
646-485-8844
Website: http://www.mbamission.com
Blog: http://www.mbamission.com/blog
MBA Mission Insider’s Guides: http://www.mbamission.com/store.php
Free Consultation: http://www.mbamission.com/consult.php