I graduated from a good liberal arts school (Holy Cross, Bucknell, Richmond, Colgate) this past May with a weak GPA (3.1) in Economics. Despite having a weak GPA I still have some pretty strong credentials from college- I participated in a selective senior finance program and was selected by a well-known professor to work as his TA.
I took the GMAT this past week and got a pretty good score (730, Q49 V41). My overall score was within my desired range but the split was a little bit off, I could have done better on quant.
Given that I just graduated- I do not know what my work experience will be by the time I apply to schools (3-4 years). I was nominated by the Peace Corps to do Economic Development, and I have a couple opportunities at good employers (not elite).
3 Questions:
1. Should I retake the the GMAT? I'm confident that I can do better on the quant- I panicked a few times on easy questions for fear that my time management was bad. I think I can get in the same range on Verbal. Given that my split is off, and my GMAT needs to be particularly strong (to compensate for a weak GPA), would it be worth my while for an extra 10-20 points?
2. Are there things I can do over the next 3 years to make up for a weak GPA? Should I take online courses? Are there other things I can do?
3. If I did the Peace Corps, stuck with my current GMAT, and did whatever was available for the GPA issue, would I be able to get into a top 5 school? What if I had good (but not great) work experience?
Thanks