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.

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 2022 many times in order to achieve their desired score.
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Good GMAT Score Range for MBA

Average GMAT Score 550+
Good GMAT score 700+
Excellent GMAT score 740+

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 2022 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 2022 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
760-800 99%
750 98%
740 97%
730 96%
720 94%
710 91%
700 88%
690 85%
680 82%
670 80%
660 77%
650 73%
640 56%
610 57%
580 46%
550 36%
520 28%
510 26%
470 18%
400 9%
340 4%
200-210 0%

GMAT Scores accepted in B-schools world-wide

In 2022, 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. 

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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 2022.

Good Scores for Top B-Schools 

SCHOOL AVG GMAT SCORE AVG GPA
What is good GMAT score for Harvard University 727 3.70
What is good GMAT score for Stanford University 732 3.73
What is good GMAT score for University of Pennsylvania (Wharton) 725 3.60
What is good GMAT score for University of Chicago (Booth) 723 3.58
What is good GMAT score for Massachusetts Institute of Technology (Sloan) 713 3.58
What is good GMAT score for Northwestern University (Kellogg) 713 3.54
What is good GMAT score for University of California — Berkeley (Haas) 714 3.60
What is good GMAT score for Columbia University 716 3.50
What is good GMAT score for Dartmouth College (Tuck) 718 3.53
What is good GMAT score for New York University (Stern) 721 3.51

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:

US GMAT Score (Class of 2023) Europe GMAT Score (latest incoming class) Australia GMAT Score (latest incoming class) Canada GMAT Score
The Wharton School 733 INSEAD 710 Melbourne Business School (2019) 695 University of Toronto – Rotman School of Management 678
Harvard Business School 730 London Business School 708 Australian Graduate School of Management (AGSM) 2020 670 McGill University – Desautels Faculty of Management 675
Stanford Graduate School of Business 738 Cambridge (Judge) 687 Monash Business School N/A York University – Schulich School of Business 660
Booth School of Business 732 HEC Paris 690 University of Queensland Business School 600 Western University – Ivey Business School 660
Kellogg School of Management 727 IESE Business School 681 MGSM Macquarie 680 HEC Montreal 630+
MIT Sloan School of Management 730 Oxford (Saïd) 690 University of Sydney 600+ Queen’s Smith School of Business 654
Dartmouth Tuck 724 IMD 680 Alberta School of Business 550+
Columbia Business School 729 IE Business School 650-770 UBC Sauder School of Business 650+
UC Berkeley (Haas) 726 Mannheim 600+ Concordia University – John Molson School of Business 580 +
Yale School of Management 730 SDA Bocconi 665 Sobey School of Business 590

Above Table Source: E-gmat.com

FAQs related to GMAT Good score 2022

  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?

  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 2022 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.

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