As a business professional if you want to improve your career prospects you can opt for an MBA abroad. However, to pursue your MBA abroad you need to clear the GMAT. GMAT full form is Graduate Management Admission Test. One hundred and ten countries accept the GMAT scores as the standardized test score for admission into management programs. Hence, clearing the GMAT exam is an essential requirement for studying abroad.
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Countries Accepting GMAT: Importance of GMAT
As per the Graduate Management Admission Council (GMAC) survey, GMAT scores contribute to around 22% of full-time MBA applications. This is more than the academic transcripts and interviews. GMAT scores affect every 8 out of 10 admissions.
- It measures your current analytical, verbal, and quantitative skills
- It gives a good indication of your performance in the potential MBA program
- GMAT is a mandatory requirement for every management program such as EMBA or MBA.
Must Read: 5 Tips to Fit GMAT Studying into your Busy Schedule
Countries Accepting GMAT Scores
Some of the popular countries accepting GMAT scores are as follows:
USA
The United States is one of the most popular destinations for business management courses. The country also has one of the best universities in the world as per the QS ranking. This includes universities like Harvard, MIT, and Stanford University. MBA USA GMAT score is generally between 650 to 740. The top 10 universities in the USA and their GMAT score requirements are as follows.
University | Average GMAT score | Fees |
Standford University | 737 | INR 63.64 lakhs |
Northwestern University | 732 | INR 97.49 lakhs |
Yale University | 730 | INR 65.76 lakhs |
University of Chicago | 730 | INR 64.38 lakhs |
University of Pennsylvania | 730 | INR 70.20 lakhs |
Harvard University | 729 | INR 59.63 lakhs |
Columbia University | 724 | INR 57.55 lakhs |
Dartmouth University | 722 | INR 64.15 lakhs |
MIT | 722 | INR 66.54 lakhs |
University of California, Los Angles | 719 | INR 58.82 lakhs |
Must Read: GMAT Accepting Colleges in USA
United Kingdom
Several business schools in the UK are renowned for their business management programs. Some of the top business schools in the UK for MBAs include Warwick Business School and London Business School. GMAT scores for UK universities are usually between 600 to 780. United Kingdom’s top universities and their average GMAT score are as follows-
University | Average GMAT score | Fees |
London Business School | 708 | INR 64.29 lakhs |
London School of Economics and political science (LSE) | 708 | INR 18-47-38.15 lakhs |
University of Cambridge | 690 | INR 63.60 lakhs |
University of Oxford | 690 | INR 64.97 lakhs |
The University of Warwick | 660 | INR 46.48 lakhs |
Cranfield School of Management | 600+ | INR 39.4 lakhs |
Strathclyde Business School | 630 | INR 31.85 lakhs |
Alliance Manchester Business School, The University of Manchester | 650 | INR 36.40 lakhs |
Must Read: IELTS and GMAT Scores to Study in the UK
Australia
MBA study in Australia for international students involves clearing the GMAT. The country is the 3rd most preferred study-abroad destination. While some business schools require a decent GMAT score, others emphasize work experience. The average Australian GMAT score requirement o get into top universities like Macquarie University is between 550 to 680. Top business universities in Australia and their GMAT score are as follows.
University | Average GMAT score | Average Fees 1st year |
The University of Melbourne | 705 | INR 49.42 lakhs |
The university of new south wales | 650 | INR 43.34 lakhs |
The Australian national university | 600+ | INR 22.71 lakhs |
The University of Sydney | 600+ | INR 23.74-27.61 lakhs |
RMIT university | 550 | INR 24.95 lakhs |
Must Read: GMAT Accepting Colleges in Australia
Canada
Canada MBA programs are known for their quality of education and affordability. Twenty-one business schools in Canada have been featured in the list of QS World University Rankings 2022. It includes universities like McGill University, and the University of Alberta, among others. The total GMAT score required by Canadian universities is between 550 to 680 for admission. The best universities in Canada for MBA and their GMAT score is as follows
University | Average GMAT score | Average Fees 1st year |
Mc Gill University | 694 | INR 60.79 lakhs |
University of Toronto | 665 | INR 28.10 lakhs |
York University | 660 | INR 32.30 lakhs |
University of British Columbia | 650 | INR 40.81 lakhs |
Queen’s University-Kingston | 625 | INR 62.90 lakhs |
Université de Montréal | 619 | INR 86.17 lakhs |
University of Alberta | 616 | INR 17.9 lakhs |
McMaster University | 615 | INR 24.27-57.52 lakhs |
Simon Fraser University | 600+ | INR 36.89 lakhs |
Must Read: IELTS and GMAT Scores to Study in Canada
Countries Accepting GMAT: Germany
Germany is known for its world-class technology, affordable tuition fees, and research facilities. Hence, MBA Germany is becoming popular. Some of the top B schools in Germany include GISMA Business School and BSBI. The minimum GMAT score for MBA in Germany is 550 or above.
University | GMAT score | Tuition Fees 1st year |
The University of Mannheim – Mannheim Business School | 650 | INR 35.22 lakhs |
Frankfurt School of Finance and Management | 550-650 | INR 34.42 lakhs |
WHU University – Otto Beisheim School of Management | 600 | INR 35.75 lakhs |
ESMT Berlin | 640 | INR 38.39 lakhs |
HHL Leipzig Graduate School of Management | 640 | INR 34.86 lakhs |
EU Business schools | 640-710 | INR 18.40 lakhs |
Must Read: GMAT Accepting Colleges in Germany
New Zealand
Business management programs in New Zealand help in developing your personality and your career. To get admission into the top business schools you need a New Zealand Gmat Score of 550 or above. It includes universities like the University of Otago, the University of Waikato, and Massey University. New Zealand’s top universities and their GMAT score
University Name | Average GMAT score | Tuition Fees 1st year |
Victoria University of Wellington | 550 | INR 30.29 lakhs |
The University of Canterbury | 600 | INR 27.67 lakhs |
University of Auckland | 550 | INR 34.94 lakhs |
Must Read: IELTS and GMAT Scores to Study in New Zealand
France
France is also one of the most popular destinations in the world when it comes to studying business management programs. France’s best universities for MBA include HEC Paris, INSEAD, ESSEC, and so on. France’s GMAT score for all universities ranges from 550 to 730,
University Name | Average GMAT score | Fees |
HEC Paris | 690 | INR 49.61 lakhs |
INSEAD | 709 | INR 81.63 lakhs |
EDHEC Business School | 634 | INR 40.61 lakhs |
Emlyon Business School | 580-700 | INR 30.11 lakhs |
Grenoble Ecole De Management | 550 | INR 20.20 lakhs (2 years) |
Must Read: MBA with Low GMAT Score In Europe
FAQs
GMAT is accepted in 110 countries around the world. In total 2400 universities accept it as a standardized score.
MBA in Canada is possible without GMAT in some universities
No. GMAT is not enough for MBA. A GMAT score has to be complimented by a good profile to get into the university of your choice.
GMAT scores are accepted by more than 2000 business schools around the world. As a result, it is always a great idea to clear the GMAT exam. Need help with study abroad admissions? Call us at 1800 572 000 and book our free 30-minute counseling session today.