I am hoping that Duncan or someone with experience can help out and reply to this post.
I took the GMAT for the first time and scored 550 (lower than hoped/ anticipated) due to the conditions at the testing center (at least partly). I wrote to GMAC and do not know yet if I will be allowed to retake in less than 16 days.
Here is my dilemma: Should I cancel my scores? (deadline for doing so is less than 24 hrs away). If I do cancel the scores, I will not be able to apply to HBS for this year and will have to apply for the following year (if I actually want to apply to HBS). All other schools I am interested in, have Round 3 so I can retake the GMAT and apply.
My overall profile: BS in Genetics (GPA: 3.7); MS in Genetics; Ph.D. in Cell Biology; working experience (post Ph.D.): 9 yrs academic and 3+ industry.
My main question: Is it hurting me more to have a low GMAT score in my record? What is the cost-benefit ratio for applying with a low score? Please help !!