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Increase potential after 1st practice test ?

Hey everyone,

I would like to know if there is any estimation of how much one can increase his GMAT score with serious practice/study as I have been taking my first practice test with 0 prior study or practice for the GMAT.

I took the MGMAT practice test 1 and scored a 630 (Q40, V36) which is a lot higher than expected.

I'm aiming for 700+, would that be reachable with sufficient study & practice or will it really be hard to achieve ?

Also I've been having huge time management issues, finishing both the Quant and Verbal parts like 15 - 20mn early. Is there any way to solve that ? I'm kinda "into it" when solving the different problems and questions and don't really think about looking at the clock..Image may be NSFW.
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