Admission in big business school is a very easy job. Everybody wants to score a very high score in the GMAT exam to secure admission in a good Business School. GMAT score ensures that you can cope up the academic pressure in the PG level program. GMAT score is evaluated by good business school teams only to ensure whether you have the relatively qualitative and quantitative adaptability and skillful thinking to take the burden of completing the entire coursework that involves subjects like economics, strategy and planning and finance in MBA course. Although a lower score can be sufficient if you have huge and relatively idiosyncratic experience or come from an under-represented group. But a very good score is necessary if you come from an over-represented group and whatever experience you may have as a good MBA program is not dearth of well-accomplished students. A low score may not be sufficient every time for success in getting admission, but even a good score like 750 or 760 does not give you a good chance or guarantee recognition.
Requirements for applying in MBA abroad:
The very first criterion is that the individual must be a graduate. The graduation degree might be of B Tech, BE, B Comm., B Sc., B A. or any other equivalent degree is acceptable. The individual can also complete a Masters or even PhD before applying for MBA abroad. A full time degree course is much more acceptable; however, some colleges also accept distant courses. The very first documents that they would be considering of an individual are their academic reports. So it is advisable to maintain a good CGPA in graduation.
Work experience requirements:
Most of the people, who want to complete their MBA abroad, choose to work for a few years and gather experience and then apply for the same. Most of the reputed colleges look for students with work experience. Students who have experience in managerial roles and not only junior roles are much more preferable. Abroad, MBA is not only about technical knowledge; it is more about practical knowledge so they always prefer students with work experience. Very rare colleges are interested in giving admission to freshers.
Most of the Business Schools do care about their rankings because applicants follow the rule of rankings before choosing a school for admission. A school is attracted by good academically qualified applicants if its ranking is high. By giving admissions to well qualified and stronger group of students, schools can enhance the quality of classroom experience that leads to increase in the chances of better employment opportunities, which ultimately strengthen the schools’ rankings, reputation and prospect.
Average score in GMAT also leads to well qualified students to secure merit based scholarships. Top schools like Harvard, Stanford have an average nearly 720. That means 730 is a good score which can secure +10 score from schools’ average. They can afford to choose a student with a low GMAT score but outstanding values in other areas of study. These are also good for schools. Many schools extend scholarship to induce students with high GMAT scores to enroll. On the other side, it would be very difficult to get admission in these above big schools when the total score is only 680 to 700 unless and until something special is there in your profile which can be a matter of attraction to the school while giving you admission. GMAT score is important for potential employment opportunities. There are many employers in the finance sector or in consultancy business who put GMAT scores also as one of the weighed criteria in deciding invitation for employment opportunities.
Leverage Edu Delhi provides excellent guidance on how to get a good score in the GMAT Exams. You can have an opinion from the followings why a good score is needed in securing admission in good business schools.
In 2014, a GMAT score of 713 was good enough to secure admission in top business schools like Kellogg and the average score was around 715. But today the competition is higher and it is around 732. Schools like Yale, Berkeley and Columbia who also had an average score of taking admission hovering around 713-717, today the average score has been raised to 730.
It’s better to score more than the average to have a secured chance to enter the B-school of your choice.