What’s a good GMAT score? Here’s what you should know
Are you an aspiring business school candidate? You’re probably aware that MBA applications for the 2022 intake will open in August. While many business schools are offering GMAT waivers, some schools still recommend that candidates submit their results to demonstrate academic preparedness. So, if you’re thinking of taking your GMAT, the question on your mind will be: what is a good GMAT score?
First, it’s important to understand what the test entails. GMAT is a computer-adaptive test that serves as a standard measurement tool graduate business schools use to predict students’ chances of success. A GMAT score ranges from 200 to 800 — with 200 being the lowest score, and 800 the highest.
Test takers’ score is valid for five years after the test date.
GMAT scores are not always the sole predictor as to whether or not you’ll be successful in business school, but they are typically held in high regard by many universities, which means it’s important to strive for a strong score anyway. However, what is a good GMAT score?
What is a good GMAT score? There’s no clear cut answer
What a “good score” entails largely depends on the business schools you’re gunning for. Aspiring MBA students can find the average GMAT scores on some university websites, which will give them a good idea of what score they should strive for.
According to GMAC, here is the average GMAT score based on 695,794 test-takers between the period of January 2017 to December 2019 is 564.84.
Kaplan takes it a step further by breaking down the scores and notes the following:
- Scoring between 710 and 800 will put you in the top 10% of all test takers
- Scoring between 650 and 700 will put you in a highly competitive place in admissions, or in the top 25 percent of all test takers
- Scoring between 550 and 640 can put you ahead of the pack (50% +), but it won’t be as advantageous for students applying to highly competitive programmes
- Scores below 550 may be enough for students to get into a variety of college programmes, but these scores are below average compared to the testing population
According to pundits, if you’re gunning for a top b-school, you’ll want to strive for an impressive test score, or one that ranges between 700 and 800 stand to wow the admissions officers. If you’re planning to pursue your MBA at a lower rank school, a lower GMAT score might be acceptable.
A score of 650 and above could qualify candidates for consideration at the top 20 business graduate programmes, but a score in the 600s might suffice for a top 50 programme.
Ultimately, there’s no clear cut answer as to what a good GMAT score is. Business schools have different average GMAT scores, with some being more selective than others, so it helps to check what each schools’ requirement or average scores are to serve as a benchmark.