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Top 50 GMAT Score Accepting MBA Colleges in the World | InsideIIM

Jun 24, 2024 | 6 minutes |
kirtika Tanwar

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The Graduate Management Admission Test (GMAT) had 1,08,851 applicants appear in 2023. Indians account for about 20% to 30% of the entrance exam takers annually. It remains a widely accepted score for top management programs abroad. Following the FT and QS Global MBA rankings, we have curated the GMAT scores trend of the top management programs of the world, country-wise. It features average GMAT scores accepted by the world’s top management schools. The article is segregated country-wise for the US, UK, Germany, France, Canada, and Australia. * Note: These GMAT test scores are averages, not cut-offs for business schools abroad. 11 out of 20 top universities in the world for MBA in QS Global MBA 2024 list are located in the US making it a top destination for management students. The GMAT requirement in the US is high, with an average of 730. The US has always remained a top choice for Indian students going abroad.
College Name FT Rank QS Rank Average GMAT Score
Stanford Graduate School of Business 23 1 738
Wharton, University Of Pennsylvania 1 2 728
Columbia Business School 3 7 729
MIT: Sloan 6 6 730
Booth: University of Chicago 10 14 728
UC Berkley Haas 19 13 733
Harvard Business School 11 3 720 (Median:740)
Kellogg Northwestern university 6 12 731
UCLA Anderson School Of Management 18 15 710
Yale School of Management 15 16 725
Dartmouth College: Tuck 12 55 726
Johnson: Cornell University 19 33 710
Fuqua School of Business: Duke University 14 23 716

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The UK remains the next choice for the Indian student diaspora even with a higher cost of living. The GMAT score requirement eases for most UK colleges listed below in comparison with the US requirements. 
College Name FT Rank QS Rank Average GMAT Score
London Business School 8 4 708
Said, Oxford University 26 18 690
University of Cambridge: Judge 29 9 690
Imperial College Business School 39 20 600
Warwick Business School 60 36 660
Alliance Manchester Business School 46 49 600
University of Edinburgh Business School 92 64 600

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Germany is famous for tech, automation, and logistics. MBA courses with niche specializations are famous among students taking management courses in Germany.  Many universities in Germany are state-funded making it easier on the cost side. A candidate should aim for a 600+ score for top-ranked universities. 
College Name FT Rank QS Rank Average GMAT Score
WHU- Otto Beisheim School of Management 63 58 600
Frankfurt School of Finance and Management - 45 640
Mannheim Business School 73 46 685
ESMT Berlin - 85 640
France is home to more than 15 triple-accredited business schools. In France, top business schools generally set high standards for GMAT scores, frequently requiring an average score of 720 for acceptance.
College Name FT Rank QS Rank Average GMAT Score
INSEAD 2 11 703
HEC 12 5 720
ESCP 25 26 710
ESSEC Business School 54 29 728
EMLyon Business School 57 54 640
EDHEC Business School 57 51 730
Audencia Business School 77 101-110 670
After the US and UK, Australia becomes a favored destination for Indian MBA students. The process for obtaining a work visa is much simpler and less burdensome. For a top college admission in the country, an aspirant can aim for a GMAT score between 600-690.
College Name FT rank QS Rank Average GMAT Score
Melbourne Business School - 30 695
AGSM, UNSW Business School 79 31 674
University of Sydney Business School 63 50 630
University of Queensland Business School - 75 600
Monash Business School - 84 670
Approximately 40 universities in Canada provide MBA courses. The average tuition fees of Canadian colleges are comparatively much lower than the countries listed above. On average, a GMAT score of 650 is required for targeting these top management programs.
College Name FT Rank QS Rank Average GMAT Score
University of Toronto: Rotman 70 40 678
Mc Gill: Desautels 83 73 670
Western Ontario University: Ivey 90 74 660
University of British Columbia: Saunder’s - 89 650
Queen’s University: Smith 62 92 656
York University: Schulich - 98 660
Frequently Asked Questions Ques 1- What is GMAT Focus Edition? GMAT Focus is the new version of the GMAT exam. The test time is reduced to 2 hrs 25 mins. The Analytical Writing Test Section has been removed. Now there will be three sections of 45 minutes each- Verbal, Quantitative, and Data Insights. From July 2024 the older GMAT format will be taken back with only the Focus edition remaining in the market. From July onwards it will be termed as ‘GMAT’ only. Your previous GMAT scores will be valid for the usual 5-year term. Ques 2- How many times can a student appear for GMAT? GMAT can be given 5 times in a 12-month rolling period and 8 times in total (lifetime). Both test center and online attempts will be counted. Ques 3- What is the minimum gap between two successive GMAT attempts? Please remember that there needs to be a minimum 16-day interval between your two GMAT test attempts. Ques 4- What is the cost of taking the GMAT exam in India? The cost of taking the GMAT at the test center is Rs. 22,900, whereas the online tests administered at home are priced at Rs. 25000.

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