>>12809996No I have 7 Fs on my transcript from Fresh/Sophomore year but I had a 4.0 my last two years and that was good enough to get into grad school at a reputable university (Haas). My GMAT score was average in relation to the incoming class. If you can meet average GPA and average GRE/GMAT (in relation to the incoming class of your particular school) you should be fine as long as you have something "extra" to give admissions like research or an extracurricular.