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#AskJeremy (Applicant Question): Is My GMAT “Good Enough” To Get In ?

Hi there everyone–I recently received an email from a really excited reader who is applying to business school but is concerned about her GMAT score. She is a potential applicant to the JD-MBA program in next year in 2011, and she sent me a message to ask my opinion.  I’ve written her a response below, but I preface that by saying, usually, the “is my GMAT high enough” dilemma is one of those questions that there’s probably no right answer to and that’s ultimately up to the applicant.  But I did provide her with a little context. Hopefully it is helpful for everyone. Check out our email exchange below.

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Email Message From Sender

“Hi Jeremy, I’m thinking (and really hoping) to get into Northwestern’s program. I really need some advice on whether I should take the GMAT again (I just got a 660 but know I choked on the math section). I’ve been working in Egypt for a 1.5 now and it will be 3 years by the time I start – I’m planning on starting fall 2011. I work for the International Finance Corporation (part of the World Bank) working in communications. I’m also sitting for the first round of the CFA exam in June. A lot of people keep telling me the international experience will mean more than the GMAT, but I’d really appreciate some advice from seeing the backgrounds of fellow classmates etc if you think its necessary to retake the GMATs.”

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Hi (Removed)

Thanks so much for writing, and for checking out my blog. I’m glad you’re interested in Northwestern’s program. I hope you do apply next year and encourage you to apply in round one for the best shot at getting in.

I generally like to give two pieces of advice to “completing” business school applicants.  First, you want to be satisfied with your work on every part of the application, at least to the extent possible.  Second, you want to balance that satisfaction with not juggling too many pieces of the application at the same time—GMAT, essays, class visits, supplementary classes, etc—and possibly dropping the ball on one or multiple pieces.  Now given you’re not applying until 2011, you should have plenty of time to avoid excessive juggling, so you should not automatically rule out the GMAT. Here’s why.

With the economic downturn, the past two years for MBA admissions have been pretty unrivaled in terms of applications, both in number and in quality. Applicantions are literally coming out of every corner and every part of the world imaginable. Average GPAs, GMATs, and number of degrees are higher than ever.  And people are literally taking the GMAT time and time again aiming for scores well above 700.  That said, the rule of thumb is that top programs like to see you hit the 80^th percentile on both sections (quant and qual) of the GMAT, and especially the quantitative section to prove you can handle the curriculum.

But no need to fret if you don’t attain that score  There are always plenty of people that get in t0 top programs every year with scores below 80^th percentile as well as with below total scores below the median. In fact, most top MBA program a really large number of kids in this range, including Kellogg.  Some of those are like you and have finance experience. But others may not have that experience. One caveat I’ll mention about the JD-MBA program here is that the average scores for one class tends to be slightly higher than Kellogg’s.  I suspect that happens for two reasons. One is that fewer “alternative career” students apply to this program given the cost. Second, is because the LSAT is not required for admission here, so a higher GMAT score might indicate that a student is well-prepared to hand both sets of classes. The range is usually about 15 to 20 points higher for the dual program, which is by no means insignificant. (Click here for details) I suspect the same types of differences exist in any other dual programs you may be considering.

So what does this mean for you?  Overall that’s a tough question for me to answer. That might depend on your original target score, how many times you’ve taken the test, how well you did on the practice exams, and how busy you are at work. If you were aiming higher and were hitting 700s on practice tests, then you may want to consider retaking it, especially given the time you have and considering the economy. But if that weren’t the case, and you did everything you possibly could to get your 660, then the payoff might not be worth it.

Here is an analogy I used to give when I was part of my Undergraduate Admissions Team a few years ago.  I used to tell the high school students that the SAT (GMAT or readers here) test score was just a hygiene factor. I said they should think about it like they were going on a date. And if you have bad breadth (i.e. bad hygiene) on the date, then chances are you won’t be getting a second one.  On the other hand, if you have good breadth, that also won’t get you a second date. But it does allow the other person to concentrate on the more important things and then decide from there.

Similarly, when applying to an MBA program, the real key is just getting a GMAT score that does not keep the admissions team from learning about “more important things” from your essays, work experiences, and leadership potential. For most schools, you can estimate that number based on the ranges they publish on their websites. And your positioning in that range should couple with how strong of an overall applicant you are otherwise. In your case, don’t forget to factor in the you’d be on the lowest end for age range for the JD-MBA program, as the “average age” admitted to the program is almost five years out and the lowest age is usually three years out.  Also, I agree that your international experience will certainly be valued and may affect your comfort level with your GMAT when applying.

I know this may not be as direct an answer as you wanted.  But I hope it helps. Thanks for writing and best of luck over the next year.

6 Comments to #AskJeremy (Applicant Question): Is My GMAT “Good Enough” To Get In ?

DreamChaser
January 18, 2010

nice post Jeremy, your new blog look really nice, keep up the good job! I am a fellow blogger (so I understand how much time it takes to write quality posts like yours!) and a potential classmate of yours 🙂 Sounds like you will be going to DAK this year too? Hope to see you at DAK!

Jeremy C Wilson
January 18, 2010

Hi DreamChaser, thanks for the note. You’re definitely right about the time it takes to maintain a blog. Over time, I’ve been able to cut down on time in some areas. Hopefully that will continue to be the case. I’m definitely looking forward to coming out to DAK. Will be great meeting all my classmates. Look forward to seeing you there.

And by the way … Congrats on Kellogg !!! That’s a great accomplishment for sure.

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