For MBA aspirants getting a good GMAT score or a high GRE percentile creates worries and troubles for them. Achieving high scores become strenuous task for the students who wish to enroll themselves for Master’s Program in Business. Read more at:
A high GMAT score or a GRE percentile is a prerequisite to get into a top-notch business school. The high score manifests that you are ready for a rigorous program in business. Over the past few years, GMAT has become an important criterion for selecting students to MBA courses. Across the globe there are numerous universities that have made GMAT and/ or the GRE test mandatory to admit the student into MBA. The admission depends on the scores you grab.
GMAT is the acronym for (Graduate Management Admission Test and GRE is the acronym for Graduate Record Examinations . These tests are basically designed to test how well you can do in your MBA. They tess your critical, analytical and reasoning skills. The GMAT exam has four sections comprises analytical writing, verbal reasoning, quantitative reasoning and integrated reasoning. GMAT exam helps you stand out as it measures your critical thinking and reasoning ability. It also ensures you as a capable and potentate student for business program. GMAT is more than an ordinary exam as it gives you a platform to showcase yourself and to reach your aspirations.
What score is a good GMAT score?
Every business school possesses different expectations of GMAT score from the MBA aspirant. There is no one particular score that fix the admission in MBA. When it comes to GMAT, the major thing which one should remember is that a good score is the key to open the threshold of your business school.
The students of Harvard Business School have an average of 727 whereas for the students of Stanford Business School it is 732. The University Of Chicago Booth School Of Business has an approximate average criteria of 723 in the GMAT exam for MBA admissions. Some business schools have given the exact number while others have given the score range of GMAT for the students. Ideally, the best B-schools consider 715 out of 800. Still, in these top-notch schools also, there are some who accept lower than 715. For more information about GMAT, enrollment, acceptance rates and other information, you can even sign up with US News and World Report for latest updates.
There is a difference between the GMAT scores in EMBA and a full-time MBA program. Some business schools such as New York University, Stern Business School, do not focus on the GMAT score for admissions of MBA. In US the average score demanded for EMBA is around 640-650.
On the contrary the European countries have a lower score than US business schools. The London business school requires GMAT score of 698, 680 is for IE Business School, and the University of Oxford asks for 698. The demand is there in case of full-time MBA program whereas the EMBA programs do not necessarily required a GMAT especially in Europe and UK. The lowest score one can have is 600. Score of 650 is an average score as it gives you a ranking spot of 75%. The percentile rankings sometimes recalculated. Here is a table which shows percentile rankings of GMAT score-
|Total Score||Percentile Ranking|
The GMAT scores of various universities are roughly as below:
The Stanford Graduate School of Business accepts 737; University of California Berkeley Haas School of Business accepts 717, and Dartmouth college tuck School of Business accepts 717, Yale school of Management accepts 730 as the GMAT score. Apart from these the business school like University of Illinois at Urbana Champaign College of Business accept 656, George Washington University School of Business accepts 643, Brigham young University Marriott School of Management accepts 670, University of Maryland, College Park Smith accepts 660 as their GMAT score.
Apart from the full-time MBA programs there are some universities which are offering online business schools known as EMBA. The University of Massachusetts Amherst: Isenberg School of Management (online and part-time options) accepts 570 as the GMAT score, Georgetown University; McDonough School of Business is accepting 666 as the GMAT score.
Around the world the top preferred place for MBA is USA. It has many top-notch business schools that are making the young aspirants into the future business leaders. If you give a bird eye view to the Universities and their GMAT scores we can see that the Harvard University accepts 732, Massachusetts Institute of Technology accepts 722, University of Pennsylvania accepts 730, University of California Berkeley Le 717, Northwestern University 732, Columbia University 724, University of California Los Angeles 719, University of Chicago 730, New York University 714, University of Michigan 716, Cornell University 700 as the GMAT score. We can clearly see that the high ranked universities demand a high GMAT score from the students.
In Canada the University of British Columbia that accepts 650, University of Toronto 665, Queen’s university at Kingston 650 University of Alberta 619 Concord University 550+, McMaster University 616 and Simon Fraser University 615.
In many Asian business schools the GMAT score acceptance in the past has been around 600 and the GMAT score for the top business schools in Asian universities like National University of Singapore is 662, The Hong Kong University of Science and Technology 670, and Peking University 640.
The Europe is also home to the finest business schools. The London Business School asks for 708, University of Cambridge accepts 690, Bocconi University 650, The University of Manchester 600+ and Imperial College London accepts 600+ GMAT scores.
So the student should remember that the main criteria for admission in a good business school is the high GMAT score. If the score will be high there are several of opportunities available for you to choose. Thus, the basic step in GMAT preparation is setting your own target score that is going to decide where you will be heading.