Published 27 August 2024

Understanding GMAT Scores: What You Need to Know for Your MBA Journey

By Jordan Smith

Reading time: 4 min

GMAT
MBA
BUSINESS SCHOOLS
Understanding GMAT Scores: What You Need to Know for Your MBA Journey

Understanding GMAT Scores: What You Need to Know for Your MBA Journey

Meet Alex. Alex is a financial analyst with big dreams of becoming a CFO. He knows that pursuing an MBA could be the key to unlocking that door, and right now, he’s deep in preparation for the GMAT. Like many prospective students, Alex is curious about the average GMAT scores at different business schools. If you’re in a similar boat, you’re in the right place!

First things first, let’s talk about averages. The average GMAT score can vary significantly depending on the business school you’re looking at. Most MBA programs publish these numbers in the fall as part of their class profiles. But remember, averages only tell part of the story.

Elite Business Schools

At elite business schools like Harvard Business School, Stanford, or Wharton, the average GMAT score of admitted students often exceeds 730. This means that to be competitive, you’ll need to score higher than 95% of other test takers. It’s no easy feat, but with the right preparation and resources, it’s definitely achievable.

Top Tier Schools

Next up are other top-tier schools such as Chicago Booth, Kellogg, Columbia, MIT Sloan, Yale, Tuck, Fuqua, Ross, Anderson, and Darden. Here, the average GMAT score usually falls between 700 and 730. At this level, you’ll need to be better than 90% of other applicants. It’s a challenging but rewarding goal!

Middle Tier Schools

Now let’s talk about middle-tier schools, which are typically ranked 15 and lower. Examples include schools like Mays, Tupper, Marshall, UNCC, and Kelley. The average GMAT score at these institutions can range from 650 to 700. If you have a score of 700 or above, you’ll be in a good position to apply for merit scholarships at these schools.

Lower Ranked Schools

Finally, we have lower-ranked schools where the average GMAT score can be below 650. While this may sound more manageable, keep in mind that the average GMAT score across all test takers is around 560. So, even at these schools, scoring below 650 can still be quite competitive.

Understanding the Whole Picture

It’s important to remember that these are just averages. There will always be students who score above and below these numbers at every school. Business schools take a holistic approach to admissions, meaning they look at the whole person, not just the GMAT score. This means you can still apply with a lower score if you have a strong profile, or vice versa. A strong GMAT score can also help you qualify for merit scholarships at lower-ranked schools.

Preparing for the GMAT

As you embark on your GMAT preparation journey, it’s crucial to have a solid study plan in place. This is where platforms like GMAT Sprint can come in handy. With GMAT Sprint, you can track your progress, identify your strengths and weaknesses, and tailor your study sessions accordingly. It’s a great way to stay organized and focused as you prepare for the exam.

Scholarships and Financial Aid

Many scholarships are awarded based on strong academic performance on the GMAT and your undergraduate GPA. So, if you’re aiming for a merit scholarship, it’s worth putting in the effort to achieve a competitive score. Remember, every point counts!



🧠 Final Thoughts

Good luck with your GMAT preparation, Alex! And to everyone else out there, remember that while the GMAT is an important part of your MBA application, it’s just one piece of the puzzle. Focus on building a strong overall profile, and don’t hesitate to reach out for help if you need it. Whether it’s through study groups, online resources, or platforms like GMAT Sprint, there are plenty of tools available to help you succeed.

Make sure to give this article a like and subscribe to our blog for more helpful content on your GMAT journey. We’re here to support you every step of the way!

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