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The rankings are based on a variety of factors such as standardized test scores of students, salary of recent graduates, survey results of graduates and/or recruiters, the specific schools that choose to participate in a market survey, the number of top companies recruiting at the school and a variety of attributes. [7]
A good GMAT score varies based on the competitiveness of the MBA program and the student’s demographic profile. GMAT test scores for top business schools can average 730, with 700 considered the ...
It has also had the lowest acceptance rates (typically <7%) of any business school. For the Class of 2022 which entered in 2020, 8% of applicants were offered admission, and the average GMAT score of 733 and average GPA of 3.8 [35] are the highest of any business school in the world.
The M7 business schools form an informal network of business schools recognized as having elite MBA programs, [1] regarded as among the most prestigious in the US. [2] They are regularly highly placed in global rankings of MBA programs. The deans of the M7 schools meet twice a year to share news and insights. [3] [4]
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In 2017, GMAC conducted a large-scale validity study involving 28 graduate business programs, and the results showed that the median correlation between the GMAT Total score and graduate GPA was 0.38, the median correlation between the GMAT IR score and graduate GPA was 0.27, and the median correlation between undergraduate GPA and graduate GPA ...
Starting in 2009, many business schools began accepting the GRE in lieu of a GMAT score. Policies varied widely for several years. However, as of the 2014–2015 admissions season, most business schools accept both tests equally. Either a GMAT score or a GRE score can be submitted for an application to an MBA program.
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