How good is a 700 GMAT cutoff score?
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2 Answers
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Generally, a good GMAT score is between 700 and 740, and a score of 750+ is an excellent score. The average GMAT score for the top 10 business schools in the US in 2022 is 724, which sits close to 95th percentile. Similarly, the average score for the top business schools in Europe is 680, ranging between 640-710.The GMAT exam awards you a score out of 800. Generally, a good GMAT score is between 700 and 740, and a score of 750+ is an excellent score
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With a score of 700 on the GMAT, you will be in the 88th percentile. Usually, candidates get a score even less than a 'good GMAT score'. With a 700 GMAT score, you will qualify for most of the top business schools. However, scoring 700 or more on the GMAT does not guarantee a selection the top B-schools. Students must understand that a GMAT score is only one of the MBA or MIM admission requirements. You need to provide various other admission documents such as letters of recommendation, statement of purpose, admission essays, etc. It is important to pay attention to admission documents as well.
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