Introduction
Securing admission to a top Master of Business Administration (MBA) program is a coveted achievement for many aspiring business leaders. One of the crucial elements that admissions committees scrutinize is the Graduate Management Admission Test (GMAT) score. In this blog post, we’ll delve into the significance of GMAT scores for top MBA programs, how they are evaluated by top MBA programs, and provide examples to help prospective students understand the competitive landscape.
GMAT Scores for Top MBA Programs – 5 Examples
1. Examples of GMAT Scores for Top MBA Programs
Here are some examples of the average GMAT scores for admitted students at top MBA programs:
i. Harvard Business School:
Average GMAT Score: Around 730
Example: While Harvard Business School considers a wide range of factors, a competitive applicant might have a GMAT score exceeding 720.
ii. Stanford Graduate School of Business:
Average GMAT Score: Approximately 733
Example: A strong applicant to Stanford might showcase a GMAT score of 730 or higher, combined with exceptional achievements and leadership qualities.
iii. The Wharton School, University of Pennsylvania:
Average GMAT Score: Roughly 732
Example: Wharton tends to admit applicants with GMAT scores in the high 720s or above, alongside a robust academic and professional background.
iv. MIT Sloan School of Management:
Average GMAT Score: Around 727
Example: Competitive applicants for MIT Sloan often present GMAT scores in the mid-710s or higher, along with a strong quantitative aptitude.
v. INSEAD:
Average GMAT Score: Approximately 709
Example: INSEAD values diversity, so a well-rounded applicant with a GMAT score around 700 might be considered, especially if other aspects of the application are compelling.
2. What is the Global Average GMAT Score?
The average GMAT score for all business schools worldwide is approximately 575. However, this average can vary significantly depending on the specific program and ranking of the business school. Top-tier business schools, such as those ranked in the top 20 worldwide, typically have average GMAT scores of 700 or higher. These schools attract highly qualified applicants, and the GMAT is a significant factor in determining admissions decisions.
3. GMAT Exam Fees Breakdown
The GMAT test price is $275, which encompasses the cost of registering for the exam, taking the exam, and sending your score reports to up to five MBA programs of your choice. This fee applies only to the online test center version of the exam. The online version costs $300.
4. Learn why private lessons are the best choice
Private lessons offer students the flexibility to schedule classes whenever is convenient for them, as well as the opportunity to cover the material at a fast pace, so they can take the exam in a short period of time. Unlike group lessons, private lessons are one-on-one, so the instructor can tailor the instruction to the student’s individual needs and learning style. Additionally, because private lessons are conducted 100% online, students can learn from the comfort of their own homes. Finally, the instructor can customize the number and type of homework exercises and examples to ensure that the student fully understands each concept before moving on to the next section of the material.
5. How to get the most out of online GMAT tutoring:
To get the most out of online tutoring, it is important to be prepared for your sessions. Come to each lesson with a list of questions or topics that you want to cover. Be sure to also complete any homework assignments that your tutor gives you. During your sessions, be sure to participate actively and ask questions. Your tutor is there to help you learn, so do not be afraid to ask for clarification or additional support. After your sessions, be sure to review your notes and practice the material that you covered. This will help you to solidify your understanding of the concepts and to improve your score.
6. How to Prepare for the GMAT
iPrep Center has developed a flexible fast-paced GMAT preparation process, with online private tutoring lessons, so that it can be adapted to your personal needs. Moreover, the courses are 100% live-online via Zoom & Google Meet. The preparation material is exclusively designed by our instructors and includes accurate Test Simulators and Official Questions, which are updated based on the latest material available. Read on to find out what our preparation includes:
- 1-to-1 Private Tutoring
- 100% Live-Online Lessons via Zoom & Google Meet
- Expert Instructors
- Complete Study Materials of Math and Verbal
- More than 1.000 Official Questions
- Accurate Test Simulators
- Time-tested Strategies and Techniques
Frequently Asked Questions
GMAT Course Start Dates
Anytime of the year, accessible from anywhere. Contact us for more details and start your online enrollment process!
GMAT Preparation Time
The online courses are fast-paced and last from 4 to 6 weeks, depending on your personal study plan.
GMAT Preparation Cost
Our aim is to ensure the highest quality of our services, and at the same time, at low cost. Feel free to contact us if you need any further information.
7. Next Steps
If you still have doubts and you need someone to help you with your GMAT preparation online and the selection of the right graduate program for you, do not hesitate to book a free online appointment with one of iPrep Center’s specialized career counselors.
Good luck!
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