Should I retake the GMAT? Confused!!

[rohit_poddar2]

Hi!
I took the GMAT today and scored 750 (Q48 V45) IR 7.0

I am an Indian undergraduate student studying in Singapore. I am looking to apply to the Indian Institute of Management Ahmedabad, Calcutta and Bangalore for their respective 2 year programmes. From what I have seen on the IIM Ahmedabad website, they convert the GMAT score to a base score.
Then they compare this base score with other applicants taking the IIM's own entrance exam, the CAT. The conversion for a 750 on the GMAT is a 267 on the CAT. Is it enough to get in? (I realise that it may not be. Inputs appreciated) Or should I retake?

What happened:
The bottomline is that I screwed up my Quant and even though the score shows Q48 it really is a 76 percentile. I had been getting 770s and 780s in all my GMATPrep tests and feel that the low Quant may be a one off thing, and that I can improve if I give it another shot. The other side of the coin, however, is that will the schools look down upon multiple attempts (I used the "send score" option before the exam) ? Another question is what if I get a 750 or below again, will that be looked down upon as a lack of improvement?

Practice tests:
Manhattan:
1:720
2:710
3:690
4: 760
5:690
6: 730

Kaplan: 760

GMAT Prep:
#1:750 (Q48) [Before starting prep]
#2: 770 (Q51) retake: 780 (Q50)
#3: 780 (Q50)
#4: 770 (Q50) [few days before exam]

In conclusion: Is the score good enough for IIMs? Should I retake? When should I retake(I feel the sooner the better)?
I would appreciate any help in this matter.

[StaceyKoprince]

That's a great question - and I have no idea. :) I don't know much about admissions; my area of expertise is the GMAT itself. (Also, congratulations on your score - great job!)

750 is one of the absolute top scores on the GMAT - only 2% of all test-takers score that high or higher. So I can't imagine that a 750 will be too low. I know that you're worried about quant, but to offset that, your verbal score is in the 99th percentile - so you will definitely stand out against other candidates there.

Any time you take the GMAT, the score goes on your "permanent record," so schools will see all test results (whether you explicitly share with them each time). The vast majority of schools in North America (where I'm based) consider only the highest score, but I don't know what schools in India tend to do.

My best advice is to talk to an admissions consultant who is familiar with the schools to which you want to apply. We do have an Ask An Admissions Consultant folder here on the forums and you can try them, but FYI, they're also based in North America, so I don't know how much they know about the Indian market. If not, then google "mba admissions consultant" in India. Try to get advice from at least two people, and just try to vet their websites to make sure they're legitimate. The last thing you want is someone who tries to scare you into spending a bunch of money with them.

Finally, if you do get some good advice, I'd really appreciate it if you'd come back here and share. I'm always trying to learn more. :)