Is Your GMAT Score 30 Points Below the Average Score of Your Target School?

If yes, then read on.

This post may resolve some of your dilemmas on retaking the test in such situations.

There are applicants who think they’ve blown away their chances of making it to top-ten schools after getting an unsatisfactory 720 in GMAT (this post holds good for GRE as well), cursing lapse of those few crucial moments of concentration while taking the test.

Though this example of 720 may be bit extreme, there are genuine cases of concern where applicants fall short of the average GMAT score of their target school by a tantalizing 30-odd points.

MBA vs. Specialized Master’s Programs: Trends

If you’ve just started to think about a business degree, then you may get confused by plethora of options offered by B-schools these days.

There are myriad of MBA programs (full-time two-year, full-time one-year, part-time, flexible, online, executive, and joint degree) and specialized master’s programs (accounting, finance, management, marketing, international management, supply chain management, data analytics, and so on) to choose from.

Of these, which are more preferred?

Why some applicants don't join HBS?

11% Accepted Applicants Don’t Join HBS – Where Do They Go?

MIT Sloan loses nearly 40% of its accepted applicants. Chicago Booth, too, loses nearly 40%. Tuck and Ross, almost 50%.

And these are some of the best MBA programs around.
Where do these accepted applicants go?

Most to higher-ranked and rival schools such as HBS, Stanford, Wharton, Columbia, and Kellogg. And a small fraction drops out i.e. doesn’t join any school (for reasons to be covered later in this post).

It’s understandable that a Sloan admit is very likely to prefer HBS over Sloan, but why does an HBS-admit, sometimes, not join HBS despite its unmatched brand equity.

Getting B-school Application Reviewed by Alumni: Avoid These Mistakes

Few months back, I received an application for feedback from an applicant who, despite having a solid academic and professional profile, didn’t get interview calls from both the schools he applied to in the first round.

There were few glaring oversights in his essays, which largely explained the disappointing result he had. What was different in this case, though, was that his application was vetted by a friend and current B-school student (one and the same person). Yet, those mistakes slipped through the crack.

Possible reason?

3-year degree: eligibility criteria for MBA

3-Year Degree: Do You Fulfill Eligibility Criteria for MBA Programs?

You’re through your GMAT with an expected score, and with that you’ve taken a firm step toward getting accepted to one or more MBA programs of choice.

And, then, while finalizing (sometimes at a later stage) the target schools, you’re surprised to find that you’re at a disadvantage or not even eligible to apply to a particular school because you don’t have a four-year undergraduate degree.

Applying to MBA programs? Which test to take – GMAT or GRE?

Are you facing the dilemma as to which test – GMAT or GRE – to write when applying to MBA programs?

It was a straightforward choice – GMAT – before 2009, as GRE wasn’t an accepted test for admission to MBA programs then. In the initial years of its existence too, GRE didn’t pose much of a dilemma to the applicants, as not too many programs accepted GRE score.

But it has changed dramatically in the last few years: according to Kaplan 2014 survey 85% of MBA programs accepted (at the time of survey) both the scores in contrast to only 24% in 2009. 85% practically covers any MBA program of repute, and hence the problem of some of your target schools not accepting a GRE score, for all practical purpose, is gone now.

So, which of the two to write when you’re applying to MBA programs? Here are few broad guidelines that you can evaluate your decision against: