Should I accept my GMAT score?

And keeping your GMAT score has no potential downsides: MBA programs won't take your previous scores into account if you don't want them to. Decisions that contain potential benefits and no potential costs are, well, good. So please stop worrying, and please don't bother canceling your GMAT scores.

Should I accept or cancel my GMAT score?

If you get a low score on your first GMAT exam, there is almost no reason for you to cancel your score. It's better to have an additional score report in your back pocket in case your next attempt does not go to plan.

Do companies care about GMAT score?

Top consulting firms like Bain, BCG, and McKinsey often look at GMAT scores as part of their hiring process. These companies typically prefer candidates to have a score in the 710+ range.

Is 400 a bad GMAT score?

According to the GMAC (the creators of the GMAT), around 66.67% of test takers score between a 400 and a 600. The average GMAT score is 547.

Is 700 a bad GMAT score?

The GMAT score range is 200 to 800, with an average score of 568 (between 400 and 600 for most test-takers). While a score of 700+ is generally considered good, achieving top percentiles requires even higher marks. 700-740: This range falls in the 88th-91st percentile, putting you among the top 12-9% of test-takers.

Why you shouldn't worry about canceling your GMAT score

Has anyone got 800 in GMAT?

So, we can see why, according to the Graduate Management Admissions Council, fewer than 50 people out of the over 200,000 people who take the GMAT each year score a perfect 800. Getting all the questions on the GMAT correct is not easy. At the same time, with the right mindset, it is doable.

How rare is a 800 GMAT?

A flawless GMAT score is extremely rare. Only about 30 people per year earn an 800 on the GMAT, out of 200,000 test takers from over 100 countries.

How rare is a 780 GMAT?

GMAT 780 represents the 99th percentile. That means if you score a 780 on the GMAT, you are amongst the top 1 percent of the test takers.

How rare is a 750 GMAT?

A 750 on the current GMAT, which puts a test taker in the 98th percentile, will convert to just a 695 on the new GMAT Focus Edition, according to the new concordance tables released by the Graduate Management Admission Council, the administrator of the exams.

Is 600 a low GMAT score?

As noted above, a 600 is a fairly low score for US schools. If you can add 50+ points on a retake, you will open up a huge number of options. Of course, that's assuming GMAT is the only factor.

Do most MBAS require GMAT?

Even though preparing to take the GMAT can be costly, in terms of both time and money, the exam remains popular: The test is accepted by 7,000-plus programs around the world, and nine out of 10 new MBA enrollments are made using a GMAT score, according to the Graduate Management Admission Council (GMAC).

Should I put GMAT score on resume?

If you have an impressive GMAT score, you can list it in the Education section of your resume.

Can GMAT make up for bad GPA?

The most effective way to offset a low GPA is to earn a high GMAT score. The GMAT was designed by business schools for business schools, so a high GMAT score is one of the most effective ways of predicting your success throughout and beyond your MBA.

Does GMAT or GPA matter more?

If you have a low GPA but have a high GMAT score, you still stand a good chance since the GMAT is a more recent indicator of your academic rigor and shows how you have improved over time. However, a high GPA and a low GMAT score might raise a few concerns.

Should I retake 740 GMAT?

ii. GMAT score between 700-750. The only reason that would justify retaking GMAT with a score between 700 and 750 is if you're intent on getting into the top 10 MBA programs in the world. In general, a GMAT score between 700 and 750 is beyond just 'acceptable' for a vast number of highly reputed B-Schools.

What happens if you reject GMAT score?

It's as if you never even took it; business schools do not see any indication that you cancelled a score. If you do not cancel your GMAT score at the test center, but decide within 72 hours of the test start time that you would like to, you can still cancel it, for a small fee.

Will a 750 GMAT get me into Harvard?

GMAT is crucial for acceptance into the Harvard business school's MBA program. A score between the range of 750 and 800 will set you on the right track for acceptance into Harvard.

What is a respectable GMAT score?

Generally, a good GMAT Classic Edition (GCE) score falls within the range of 700 (87^th Percentile) to 740 (97^th Percentile) which translates to 645 (87^th Percentile)- 695 (97^th Percentile) on the GMAT Focus Edition (GFE), while a score of GCE 740/GFE 695 or higher is deemed excellent.

Is 550 a bad GMAT score?

Generally speaking, you should aim for a score of 700+ to get into the highest-ranking MBA programs, while most mid-tier business schools accept students with GMAT scores of 630-680. There are some programs, particularly part-time programs aimed at working professionals, where a score as low as 550 is acceptable.

What is the top 1% GMAT score?

Is a 750 GMAT impressive?

By any measure, a Total score of 750 is an excellent GMAT score and a score of 700 is a very good GMAT score. But it really depends on where you want to apply. Your GMAT score is highly competitive if it is at or above that school's average. (Competitive means that this statistic will help your chances of admission.)

Is 580 a bad GMAT score?

A GMAT 760 or above will put you in the 99th percentile, a GMAT 700 in the 88th percentile, and a GMAT 600 in the 53^rd percentile. Scores above 700 are generally considered strong and those below 600 are considered very weak.

Is 590 a bad GMAT score?

To score higher than half of all test takers, you need a Total Score above 590 to 600. To score among the top 25 percent of test takers, you'd need to score about 660. To be among the most competitive class—the top 10 percent of test takers— you'd want to aim for a score around 710 or higher.

Is 650 GMAT bad?

Is GMAT Score of 650-700 Good Enough? Anything above 650 on the GMAT test is considered good, and a score over 700 is regarded as excellent. Top MBA programs often require a GMAT score of 700 or above, although this does not automatically exclude applicants with scores below 650 from admission.

How many people get 700 plus in GMAT?

Also, most people score higher on retakes than they do the first time they take the GMAT. So, it seems likely that around 20 percent of GMAT test-takers score 700+ on the GMAT. Twenty percent is a pretty significant percentage of test-takers scoring 700+.