If you’re planning to study MBA, the chances are likely that you already know about GMAT (Graduate Management Aptitude Test) and significance of GMAT score.
GMAT is a standardized test designed to check the mental ability, analytical and management skills of students for pursuing an MBA.
The official score, known as the GMAT score, falls in a range of 200 to 800.
The GMAT score is an average of score obtained in 2 parts of the exam that are verbal and quantitative. Each section has an individual score to be calculated with 800 as given maximum score.
There are other sections of the test as well like Analytical Writing Assessment (AWA) and Integrated Reasoning (IR). Although the score obtained in these 2 sections is not counted in the scoring system of 200 to 800 given above, they are evaluated and given a score on a separate scale. The score of AWA ranges from 0 to 6 whereas it ranges from 1 to 8 for IR.
Almost every candidate who appears for GMAT has one common question:
“What is a good GMAT score?”
The foremost thing to understand is that GMAT is not a pass or fail test. The statistics reveal that most of the applicants manage to score between 400 and 600.
The definition of a good score is based on candidate’s choice of the school and program along with his future goals and aspirations.
The top business schools usually require a score of more than 700 while there are schools with decent ranks that will even accept the score that is around 650.
Because GMAT is not the only factor to be taken into consideration by the business schools, the requirement for GMAT score may vary from one institution to another.
Different business schools prioritize a different set of elements. To model, one business may give priority to an applicant’s GMAT score while professional experience may matter more to the other business school.
Average GMAT Score for Top US Business Schools
Stanford School of Business: 733
Wharton School of Business: 732
Kellogg School of Management: 724
Kenan-Flagler Business school: 701
Broad School: 664
Are you not satisfied with your GMAT score?
There is no need to lose hope or feel disheartened if you didn’t manage to score well on your GMAT exam. You are allowed the retake the exam once in a period of 31 days and for 5 times in a span of 1 year.
Note: Your GMAT score remains valid for 5 years.
Image source: www.expartus.com