Average GMAT Scores at Top MBA Programmes: GMAT Cutoff 2023 and Average GMAT score for top business schools

Average GMAT Scores at Top MBA Programmes: Securing average GMAT scores plays a major role in an individual’s acceptance into top MBA programs globally. In other words, average GMAT scores can be a critical factor in determining the likelihood of an application’s approval. A strong GMAT score is an indicator of an individual’s aptitude, academic prowess, and preparedness for success in the world’s top MBA programs.

While achieving average GMAT scores can increase your chances of acceptance into your preferred MBA program, if your dream is to pursue an MBA from the top business schools in the world, you should strive for scores that exceed the average scoring range. To know more about the average GMAT scores at top MBA programs, read the entire blog. 

Name of the Exam	GMAT
Duration	2 Hours 15 Minutes
Sections	3
Score Range	205-805
Questions	64
Exam Cost	$275

GMAT Cutoff For Top MBA Colleges and Universities in 2023 

You can determine your chances of admission to an MBA programme by referring to the GMAT cutoff scores of your desired business school. The average GMAT score for top business schools worldwide ranges from 650-700 or above. Securing a score within this range can significantly improve your chances of being selected for one of the top MBA programs globally. These scores are considered high and are generally regarded as good GMAT scores by most business schools abroad. Refer to the following table to go through the GMAT cut-off for top MBA colleges and programs in the academic year of 2023-2024. 

Name of University	Average GMAT Score	QS World Ranking 2023
University of New South Wales	686	45
Yale University	730	18
The University of Edinburgh	600	15
University of Pennsylvania	733	13
University of Chicago	724	10
ETH Zurich	660	9
National University of Singapore (NUS)	670	11
Harvard University	729	5
University of Oxford	690	4
University of Cambridge	700	2
Stanford University	737	3
Massachusetts Institute of Technology (MIT)	727	1
Imperial College London	600 or above	6

Factors Determining the GMAT Exam Cut-off

Individuals aspiring to pursue an MBA from top global business schools should aim for an average GMAT cut-off score of 650 or higher. However, achieving such a score or above does not guarantee admission to your preferred international business school, as each institution has its own GMAT cut-off requirements. Several factors significantly influence GMAT cut-off scores. Here are some of the most common determining factors for the GMAT exam cut-off:

1. The average GMAT score required by an institution is directly correlated with the total number of applications received by the university.
2. There can be a vast difference between the minimum and maximum GMAT scores required for admission to certain universities, thus leading them to demand higher GMAT scores than others.
3. The difficulty level of the GMAT plays a major role in discerning the overall cutoff scores for a university/college. 
4. Availability of seats plays a major role in determining the GMAT cutoff marks. 

Average GMAT Score for Top Business Schools in the US and Europe

The average GMAT score for MBA programs at top business schools in the US and Europe is 696. The required GMAT score for admission to some of the most prestigious US and European business institutions ranges from 639 to 733. Refer to the following table to go through the average GMAT scores for top business schools in the US and Europe. 

Name of University	Average GMAT Score	QS World Ranking 2023
The Wharton School	728	#101-110
Harvard Business School	729-730	#16
Stanford Graduate School of Business	737	#7
Booth School of Business	732	#14
Kellogg School of Management	731	#11
MIT Sloan School of Management	727	#1
Columbia Business School	729	#6
Yale School of Management	730	#60
Dartmouth Tuck	726	#14

What is the Average GMAT score required for an MBA in Australia?

Australia accepts competitive GMAT scores, minimum work experience, and other course requirements for the MBA programs available in the country. Australia offers a total of 77 specialisation programs in MBA, implying that individuals intending to pursue an MBA in Australia have a wide assortment of program options to choose from. 

The average GMAT score required to get into Australian universities for an MBA is 550. However, to bolster your chances of admission and ensure that your application stands out to the admissions committee of the top business schools in Australia, you should strive for a competitive GMAT score of 695 or above. Refer to the following table to review the GMAT score requirements for the top MBA colleges/universities.

Name of University	Average GMAT Score	QS World Ranking 2023
Melbourne Business School	695	#27
UNSW	686	#19
Monash Business School	600+	#42
Macquarie Business School	680	#82
UQ Business School	550	#<50
University of Western Australia Business School	650	#90
RMIT University School of Business and Law	550	#190
Unisa Business School	590	#326

So that was all about the average GMAT scores at top MBA programs.  The average GMAT scores for top MBA programs in the world range from 650 to 700 or above. Most business schools consider GMAT scores within this range to be favorable for admission purposes.  

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