What is good GMAT Score for MBA at Harvard, Wharton, ISB & Other B-Schools in Abroad

What is good GMAT Score for MBA? – A GMAT score of 700 or more is generally considered to be good. Your choice of B- schools is critical in deciding what a decent GMAT score is for you. In this post, we’ll tell you what GMAT score you should aim for getting into your selected business school.

A GMAT score of 700 or higher is required for admission to an elite business school in the country. A score of 500–600 is considered typical, and it qualifies you for universities with average rankings.

What is good GMAT Score for MBA Featured Image

How can I determine a good GMAT score for MBA?

Students who want to pursue an MBA programme at one of the top B-Schools will need to start with an excellent GMAT score. Many candidates believe that a good GMAT score is the same as an average GMAT score. To put it in simple terms, a good GMAT score is entirely dependent on the business school to which one wishes to apply. Read below to know more about what is a good GMAT score and its importance.

  • Nothing less than 700 scales would be expected at the top B-Schools. A improving GMAT score also suggests that the candidates’ increasing aptitude  as well as competition among aspirants is increasing year after year.
  • Apart from that, one gets the impression that competition among the best B-schools is becoming increasingly intense. While getting a good GMAT score should be your first aim, students should also work on developing a solid professional profile.
  • 720+ or 730+ might be a decent grade for a top business school. The average GMAT score for a top business school varies by university, although most of them prefer candidates with a score of 700 or higher.
  • A good GMAT score varies from one candidate to the next. A good GMAT score is a target number for many candidates. Candidates may take the GMAT exam 2024 many times in order to achieve their desired score.

Also read:

Good GMAT Score Range for MBA

Average GMAT Score550+
Good GMAT score700+
Excellent GMAT score740+

How is GMAT Percentile Score calculated?

Getting into a top business school is never simple, but it’s even more difficult for those who have a full-time job. Candidates who are planning to take the GMAT should be aware of GMAT exam pattern 2024 that the exam is graded on a scale of 200 to 800 points. Candidates obtain a total of five scores after taking the GMAT exam: 

  • Analytical Writing Assessment, 
  • Integrated Reasoning
  • Quantitative Reasoning, 
  • Verbal Reasoning

The total GMAT score chart 2024 is determined solely by a candidate’s performance on the verbal and quantitative components of the exam. The GMAT total score is unaffected by the Analytical Writing Assessment and Integrated Reasoning scores. 

Section-wise GMAT Good Score

GMAT has four sections:

  • Quantitative – scored between 0 and 60
  • Verbal – Scored between 0 and 60
  • Integrated Reasoning – Scored between 0 and 6
  • Analytical Writing Assessment – Scored between 1 and 8

You’ll also get a percentile score, which informs you how you performed in comparison to the 1000 other competitors who took the GMAT. The table below will help you figure out what a good GMAT score is based on percentile ranking:

GMAT Score        Percentile

GMAT Scores accepted in B-schools world-wide

In 2024, the top 50 business schools in the United States will have an average GMAT score of 703. It varies between 634 and 734. Similarly, the average GMAT score range for top MBA programmes in Australia is 600-695. 

The average score for top European business schools is 676, with scores ranging from 638 to 709, whereas, the average GMAT score range for top MBA programmes in Canada is 520-780. Read more about GMAT Accepting Colleges 2024.

Good Scores for Top B-Schools 

What is good GMAT score for Harvard University7273.70
What is good GMAT score for Stanford University7323.73
What is good GMAT score for University of Pennsylvania (Wharton)7253.60
What is good GMAT score for University of Chicago (Booth)7233.58
What is good GMAT score for Massachusetts Institute of Technology (Sloan)7133.58
What is good GMAT score for Northwestern University (Kellogg)7133.54
What is good GMAT score for University of California — Berkeley (Haas)7143.60
What is good GMAT score for Columbia University7163.50
What is good GMAT score for Dartmouth College (Tuck)7183.53
What is good GMAT score for New York University (Stern)7213.51

Score required for Top Business Schools

Here is the table that represents the average score for some of the top  business schools in the US, India, Canada, and Australia:

USGMAT Score (Class of 2023)EuropeGMAT Score (latest incoming class)AustraliaGMAT Score (latest incoming class)CanadaGMAT Score
The Wharton School733INSEAD710Melbourne Business School (2019)695University of Toronto – Rotman School of Management678
Harvard Business School730London Business School708Australian Graduate School of Management (AGSM) 2020670McGill University – Desautels Faculty of Management675
Stanford Graduate School of Business738Cambridge (Judge)687Monash Business SchoolN/AYork University – Schulich School of Business660
Booth School of Business732HEC Paris690University of Queensland Business School600Western University – Ivey Business School660
Kellogg School of Management727IESE Business School681MGSM Macquarie680HEC Montreal630+
MIT Sloan School of Management730Oxford (Saïd)690University of Sydney600+Queen’s Smith School of Business654
Dartmouth Tuck724IMD680Alberta School of Business550+
Columbia Business School729IE Business School650-770UBC Sauder School of Business650+
UC Berkeley (Haas)726Mannheim600+Concordia University – John Molson School of Business580 +
Yale School of Management730SDA Bocconi665Sobey School of Business590

Above Table Source: E-gmat.com

FAQs related to GMAT Good score 2024

  1. Is 550 a good GMAT score?

    As explained above, a good GMAT score depends on your choice of B- schools where you wish to apply. To get into the best B-Schools, candidates must score above 700 points to achieve a good GMAT score status. On the other hand, candidates with GMAT scores above 600 are classified as having above-average which is different from having a good GMAT score standing.

  2. How can I achieve a high GMAT score?

    Aspirants must review GMAT Syllabus 2024, go through GMAT preparation books and take proper coaching to increase their aptitude and skill level for achieving a good GMAT score. Follow our preparation tips to get good score in GMAT exam 2024.

  3. Can I apply for the GMAT exam again to improve my score?

    Yes, to achieve a good GMAT score, one can appear for GMAT exam 2024 once every 16 calendar days. But the chances are limited to up to five times in a rolling 12-month period, and a total of eight times in a total lifetime of an  GMAT aspirant.

Leave a Comment

Your email address will not be published. Required fields are marked *