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Scores are given in increments of 10 (e.g. 545, 555, 565, 575, etc.). In 2023, for the GMAT Exam (Focus Edition), the score scale for the exam was adjusted to reflect changes in the test-taking population, which has become more diverse and global. Over the years, scores had shifted significantly, resulting in an uneven distribution.
In the specific case of MBA programs, one study found that ranking MBA programs by a combination of graduates' starting salaries and average student GMAT score can duplicate some of the ranking order found in top 20 lists of Business Week and U.S. News & World Report. [19]
The figure illustrates the percentile rank computation and shows how the 0.5 × F term in the formula ensures that the percentile rank reflects a percentage of scores less than the specified score. For example, for the 10 scores shown in the figure, 60% of them are below a score of 4 (five less than 4 and half of the two equal to 4) and 95% are ...
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 ...
Required score will differ depending on the year those tests were taken. TNS also accepts a GMAT score of 750 (for tests taken between 2000 and 2023) or a GMAT Focus Edition score of 705 (available since 2023), both of which correspond only to a percentile score of 98.2%.
These scores, based on a normal curve, are known as "scaled" scores. Because of their grounding in this model, scaled MAT scores of 500-600 were extremely rare, as they would have been more than four standard deviations above the norm of 400. Percentile ranks were also provided along with the official score report. Test-takers received an ...
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.
The Class of 2021 achieved an average GMAT score of 667. [6] Degree programs. Undergraduate programs ... Bloomberg BusinessWeek ranks undergraduate program at #23.
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