MBA Admissions Ep 3: When is a Low GMAT Score Really the Apocalypse? 

Haha, that puts a smile on my face! I'm glad that you're so excited for this one. Tomorrow is the day, I promise. Hopefully you'll enjoy our friends at Stratus as much as we do. Feel free to let us know afterwards if you have questions at all!

I would think of it this way: if your score went up on any test section, you'll want to keep the score. Schools will only consider your highest composite score, but if, for example, you got a higher quant score on a different day, it's good for them to see that score. And as discussed in this video, multiple attempts at the exam often send a good message about your dedication. If your score declined on every test section, then it's probably fine to cancel. I don't think it's likely to make a huge difference in your admissions odds, one way or the other -- yes, retakes show dedication, but if the score itself doesn't add anything to your cause, it's also complete fine to cancel it. So if that's the case, feel free to do whatever feels best to you, and don't overthink it. :) I hope that helps a bit, and good luck with your applications!

I dont think so brother but we can confirm that with the schools you are pursuing

As an Indian candidate with a 700 GMAT score, you are facing a big hurdle…with or without the CA or CFA. Why? Because along with China, India is one of the largest consumers of the GMAT exam. Top MBA programs could fill their class a few times over with qualified applicants from India who could perform well in their programs. So they can be choosy-and all other things being equal, top MBA programs - and really all MBA programs -- will choose applicants who have the great job, the great grades AMD the great GMAT score. As there are many Indian applicants with GMAT scores north of 750 (at least under the old testing guidelines), it gets a bit crowded in the 700 and south range. While the CA and the CFA both demonstrate an applicant’s ability to handle quantitative rigor in an MBA program, if there are other candidates where all other areas are similar -the candidate with the higher GMAT score is going to stand out. The road to secure a CA or a CFA is long and arduous. If it aligns with your career goals then it is absolutely a positive factor and something that could increase the overall level of an MBA application - but this is not a quick path to fixing a GMAT score. It could be far less time consuming to see whether you can score at a higher percentage level relative to the overall pool on the GRE or consider taking the EA. And there are several MBA programs who will grant applicants a test waiver, so that is another option to consider. Rotman, for example, will waive the testing requirement for applicants who have passed Level 2 of the CFA designation. So the CFA could be seen as more valuable than the CA in that for some programs it can serve as a proxy to testing requirements. Other additions to a candidate’s profile such as having work experience in a multinational corporation and outside of India is also another way to enhance an Indian applicant’s profile. There is not a one size fits all answer to this question but considering this decision from multiple perspectives can help you make the best decision to improve their overall profile. - Donna, Stratus Admissions Counseling

I'll try that in my next life. :)