GMAT Result 2024: Score Validity, Total Marks, How to Calculate

GMAT

Aishwarya Bhatnagar

Aishwarya BhatnagarStudy Abroad Expert

Updated on Aug 16, 2024 18:09 IST

GMAT Score 2024: After you take the GMAT 2024 exam, you will receive three scores: Quantitative, Verbal, Data Insights and your Total GMAT Focus score. Your total GMAT score is based on your all three sections' scores. You also get a percentile score, which tells you how you have scored comparatively to every 100 candidates taking the GMAT. For example, if your score in the Verbal section is 90 percentile, it means that for every 100 candidates attempting the GMAT 2024, you are ahead of 90 candidates. The latest GMAT Focus score ranges between 205-805 and each section is marked equally. The total GMAT Focus score result will end in 5. Check out the article for more details. 

gmat results

Q:   What is the highest GMAT score?

A:

The highest possible GMAT score is 800. It seems impossible to get a perfect score of 800 on the GMAT, but it can be achieved with sheer hard work, dedication, and the right study plan. Even the top B-schools require candidates to score 720 or more than 720, so, candidates need not score a perfect 800 to get into a top Business program. If you get a decent score then also you are eligible to apply to a top business program.

Q:   Which countries prefer a GMAT score for MBA admission?

A:

When it comes to the GMAT entrance exam, different countries and MBA colleges have different preferences. However, the GMAT entrance exam is a popular standardized exam that is accepted for MBA admission by more than 2,400 institutions. Some of the popular countries where GMAT is widely accepted for MBA and MIM admissions include the US, Canada, Australia, India, the UK, Singapore, Germany, Finland, Norway, etc. It is crucial to examine the unique prerequisites of each MBA programme you are considering to find out which admissions examinations are recognised and what score range is competitive. Additionally, candidates may decide to take practice exams or enrol in a GMAT prep course to increase their chances of passing the exam and getting accepted into the MBA programme of their choice.

Q:   Which schools use GMAT scores?

A:

More than 7,700 graduate management programs across the world use GMAT scores to give admission to aspirants. However, the GMAT score is not the only criterion for getting selected for a good MBA college. B-Schools usually look for candidates who have a holistic profile that has sound academic, managerial work experience, extracurricular activities, etc. Moreover, your admission documents (statement of purpose, letters of recommendation, resume, admission essays, etc.) also matter to a large extent. Hence, you need to be careful with your application documents also.

Q:   When do applicants receive their GMAT scores after the exam?

A:

Your unofficial GMAT score report will be available immediately after you finish your GMAT exam. It will contain Quantitative Reasoning, Verbal Reasoning, and Integrated Reasoning scores along with the total GMAT score. Unofficial GMAT score report will not contain AWA (Analytical Writing Assessment) scores. Your official GMAT score report will be available in your GMAT account within 7 business days of your GMAT test date. However, it might take up to 20 business days as well. The official GMAT score report will contain your total score, Quantitative Reasoning, Verbal Reasoning, Integrated Reasoning, and Analytical Writing Assessment scores.

GMAT Focus Edition Scoring

As the students are aware of the upcoming launch of the GMAT Focus Edition, they must know how the GMAT Focus Edition will be scored. The current GMAT score includes a candidate’s performance in the Quantitative Reasoning (QR) and the Verbal Reasoning (VR) sections. When it comes to the GMAT Focus Edition score, will include the Quantitative Reasoning, Verbal Reasoning, and Data Insights sections.

As the students are aware the GMAT scores for the current version of the GMAT range from 200 to 800 with score intervals of 10. With the introduction of the GMAT Focus Edition, GMAT score and GMAT score calculation have changed. The following points and table will make it clear how the GMAT scores for the GMAT Focus Edition will be calculated:

  • GMAT Focus Edition Score Range: 205 – 805 (GMAT score values for the GMAT Focus Edition will end in 5)
  • GMAT Focus Edition Score Interval: 10 points
  • GMAT Focus Edition Section-wise Score Range: 60 – 90

If a student is unable to complete any section of the GMAT Focus Edition exam, he/she will be penalized for the same. Hence, the students need to complete the entire GMAT exam and not leave any questions.

Unofficial Quantitative Reasoning, Verbal Reasoning, and Data Insights results as well as your Total Score will be presented right away when you finish the test. The following table provides an overview of the GMAT Focus Edition scores:

GMAT Exam Sections GMAT Score Range Standard Error of Measurement Score intervals
Quantitative Reasoning 60 – 90 3 points 1
Verbal Reasoning 60 – 90 3 points 1
Data Insights 60 – 90 3 points 1
Total 205 – 805 - 10

Here are a few additional points that the students must be aware of about GMAT score card:

  • GMAT Focus Edition Percentile: Students will receive their total score and their section-wise scores along with their GMAT percentile. If your GMAT percentile is 80%, it means that you scored above 80% of other test takers.
  • Enhanced Score Report: Candidates will receive an Enhanced Score Report (ESR), which will include details of a candidate’s performance in each section of the GMAT exam vis-à-vis question type, skill, content domain, and time management (response time and review time).
  • GMAT Focus Edition Score Sending: Students can send their official GMAT score to up to 5 B-Schools (for no additional cost) within 48 hours of receiving their score on mba.com.
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GMAT Score Chart to Percentile for GMAT Exam 2024

Here is a comparative table of your scaled GMAT score to percentile:

Scaled Score

Percentile

Scaled Score

Percentile

760-800

99

520

37

750

98

510

35

740

97

500

32

730

96

490

30

720

94

480

27

710

92

470

25

700

89

460

22

690

87

450

20

680

85

440

18

670

83

430

17

660

80

420

15

650

77

410

14

640

73

400

12

630

71

390

11

620

68

380

10

610

65

370

9

600

62

360

8

590

58

340-350

6

580

55

330

5

570

52

310-320

4

560

49

280-300

3

550

46

250-270

2

540

43

220-240

1

530

39

200-210

0








GMAT Results and Statistics 2024

The best thing about GMAT Focus 2024 results is that you can see your scores as soon as your exam is over. At the end of the exam, you will have an option of accepting or rejecting the non-official score. The official GMAT Exam Score 2024 will be available in your mba.com account typically within 7 business days. However, it might take up to 20 days in certain cases. However, your unofficial GMAT exam score 2024 will be available right after the GMAT 2024 exam.

GMAT Percentile and Scores: Section-wise

Twenty years back the average GMAT score for the top B-school was around 600. In the present time, however, the demand for the MBA course has increased dramatically. As a result, many more applicants are applying to these schools, which means, the average GMAT acceptance scores are increasing every year. It is important to note that the top colleges don’t take into consideration only the GMAT test scores, but also the overall favourable traits like diversity, unusual accomplishment or success, etc. These factors allow many students to gain acceptance with a lower GMAT score. If you have none of these types of traits, then you probably need to break 730 (that's the 99th percentile) to have a good chance at a B-school ranked in the top ten.

The average GMAT score for the top MBA programs at premier universities across the globe consistently falls in the 700-730 range. However, scoring a perfect 800 on GMAT is not difficult.

In this section of the article, we will cover the following points:

  • GMAT DI Score and Percentile
  • GMAT Verbal Score and Percentile
  • GMAT Quant Score and Percentile







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What is a Good GMAT Score?

On the examination day, once you have completed your GMAT exam, you will receive your unofficial GMAT score and you will have an option either to accept it or to cancel it. So, what is a good GMAT score? A good GMAT score is usually above 650 and is able to help you clear the GMAT cut-off of your desired MBA college. If you feel that the GMAT score you received fits your requirements for applying to your desired MBA or MIM programme, you may go ahead with it. A good GMAT score will cater to your admission needs.

Students must understand that a good GMAT score is only a part of their application. B-Schools usually look for candidates that have strong academics, relevant work experience (unless applying for MIM), participation in extracurricular activities, etc. Moreover, your application documents such as your resume, SOP, LOR, admission essays, etc. also play a vital role in your admissions. Hence, you must aim for a comprehensive and holistic application if you want to be accepted into top-ranking B-schools.

What is a Good GMAT Score for Top MBA Colleges?

The table given below provides the top MBA colleges, their rankings (based on QS World University Rankings by Subject 2024: Business & Management Studies), and their average GMAT scores or GMAT cut-offs.

MBA College

QS Subject Rankings 2024: Business & Management Studies

Average GMAT Score/GMAT Cut Off/GMAT Score Range

Harvard University

1

730

INSEAD

2

710

London Business School

3

708

Stanford University

4

737

Massachusetts Institute of Technology (MIT)

5

730

University of Pennsylvania

6

733

Bocconi University

7

650-750

University of Cambridge

8

690

University of Oxford

9

690

HEC Paris School of Management

10

690

How can a Good GMAT Score help me with MBA Scholarships?

A good GMAT score can help you in winning an MBA scholarship. While the requirements for scholarships may change between universities and MBA programmes, a high GMAT score is frequently seen as a crucial consideration. Here is how a good GMAT score can help you with MBA scholarships:

  • Competitive Advantage: A high GMAT score distinguishes you from other candidates and indicates your academic aptitude. It demonstrates that you have the verbal and quantitative abilities required to succeed in an MBA programme, making you a stronger applicant for scholarships.
  • Merit-based Scholarships: Numerous MBA scholarships are merit-based, which means that recipients are chosen based on their academic records and future prospects. Your chances of getting such scholarships might be improved by having a good GMAT score, which is frequently a crucial component in judging merit.
  • Specific Scholarship Requirement: A good GMAT score could be one of the special eligibility requirements for several scholarships. You satisfy one of the requirements for those scholarships by getting the qualifying GMAT score or higher.

It is crucial to remember that, although a good GMAT score can increase your chances of receiving MBA scholarships, it is not the only criterion. The academic record, career history, leadership qualities, and personal statement are just a few of the factors that scholarship committees take into account. In order to increase your chances of receiving a scholarship, it is crucial to concentrate on creating a comprehensive application.

Q:   How can I score above the average GMAT cut-off of the top MBA colleges?

A:

Here are some important GMAT preparation tips that will help you score above the average scores required for the top MBA colleges:

  • Understand the average GMAT cut off: Find out the average GMAT score required by the top MBA colleges where you want to apply.
  • Set a target score: Aim to score higher than the average GMAT cut off to increase your chances of admission. You must appear for a GMAT mock test before starting your GMAT preparation. The gap between your mock result and your target GMAT score will help you decide how much time and effort are required for your GMAT exam preparation.
  • Prepare a study plan: Create a study plan that covers all the sections of the GMAT exam, including verbal, quantitative, integrated reasoning, and analytical writing assessment. Allocate sufficient time for each section and ensure regular practice.
  • Utilize study resources: Take advantage of GMAT study materials, such as official GMAT guides, online practice tests, and question banks. In addition to the official resources, you may refer to the Manhattan GMAT guides, Veritas study material, and online forums such as the GMAT Club, Beat the GMAT, etc.
  • Take regular GMAT practice tests: Appear for the GMAT mock tests regularly (sectional mocks as well as full-length mocks). Mock tests will also help you with time management.
  • Focus on weak areas: Dedicate more time to improving your weak areas while maintaining your proficiency in strong areas. Utilize study guides, online tutorials, and practice questions.
  • Review and revise: Continuously review and revise the concepts, strategies, and techniques you have learned throughout your preparation. For this, you may make short notes during your preparation and revise them at regular intervals.

Keep in mind that the GMAT cutoff score is only one part of the MBA admission process. Additionally, admissions committees take into account things like employment history, academic success, essays, and letters of recommendation. For this reason, it is critical to concentrate on your entire application and offer a good profile to increase your chances of getting accepted into top MBA colleges.

Q:   Currently, I am preparing for GMAT. Will IIMs accept GMAT score? Which B-Schools accepts GMAT score?

A:

It is important to know that GMAT scores are accepted for foreign as well as Indian MBA programmes. Some of the top Indian MBA institutions that accept GMAT scores include different IIMs, XLRI (Xavier School of Management), S P Jain, Great Lakes Institute of Management, XIMB, TAPMI, etc. The following points provide an overview of the GMAT cut offs for different Indian MBA colleges:

  • GMAT cut off for IIM Ahmedabad is 720.
  • GMAT cut off for IIM Bangalore is 720.
  • GMAT cut off for IIM Calcutta is 697 (700).
  • GMAT cut off for SP Jain is 650.
  • GMAT score range for ISB Hyderabad is 530 – 780.
  • GMAT cut off for IMT Ghaziabad is 650.

It is advised that students aim for at least 700 on the GMAT so that they are in a safe zone. In addition to their GMAT scores, students must also aim for building a holistic profile that has managerial work experience, certificates/courses, etc. to ensure their selection in a good MBA college. Moreover, students must take their GD (Group Discussion) and PI (Personal Interview) preparations very seriously as they carry a significant weightage in their MBA selections.

Know Your Target GMAT Score

Before you begin your GMAT exam preparation, students must know their target GMAT score. In addition to knowing their target GMAT score, students also need to assess how much gap is there between their current level of preparation and the GMAT score they wish to achieve. Here are a few points that will help you understand your target GMAT score:

  • Know about the MBA colleges where you wish to apply: You must prepare a list of B-Schools where you wish to apply for your MBA. To make a decision, you can check their courses, specializations, placements, faculty profiles, rankings, etc.
  • Know the average GMAT scores or GMAT cut-offs: Know the average GMAT scores or GMAT cut-offs for these B-Schools. This will help you understand what your target GMAT score is.
  • Take a diagnostic test: Appear for a GMAT mock test to gauge your current levels of preparation. This will allow you to know the gap between your current mock test score and the GMAT score you wish to achieve. Based on this analysis, you can decide how to prepare for the GMAT exam.

Important Tips to Maximize GMAT Score

A score of 700 and above is considered a good GMAT score. When it comes to your MBA applications, the GMAT score is a factor that you can completely control with your efforts. Hence, students must maximize their GMAT scores by making use of the given tips:

  • GMAT Exam Pattern: Understanding the GMAT exam pattern should be your first target. Understand what sections are there on the GMAT exam 2024 and how the exam is scored. Do your research on the GMAT cut-offs based on the MBA colleges you want to apply to.
  • GMAT Exam Syllabus: Familiarize yourself with the GMAT exam syllabus and understand what areas do find difficult.
  • GMAT Mock Test: Start with a GMAT diagnostic test and based on your performance on this test, decide what is your targeted score (total score as well as individual scores for the Verbal and Quantitative Reasoning sections).
  • GMAT Books: Prepare a comprehensive, yet short, list of GMAT books for your preparation. Do not prepare an unachievable list that you cannot complete.
  • Time: Usually, it takes around 3-6 months to prepare for the GMAT exam. However, this will depend on your performance on the GMAT mock tests.
  • Study Plan: Prepare a study plan and stick to it. Do not deviate much from it unless there are unavoidable circumstances.
  • Revise: As you study for the GMAT 2024 exam, make sure to prepare short notes of formulae, grammar rules, concepts, etc. and revise them over and over again.

We hope that students will take their GMAT exam preparation and preparation of other application documents very seriously to maximize their chances of getting selected for a top MBA College.

Do you know how to use the GMAT Score or how to send GMAT scores to B Schools? If not, you may be interested in finding business schools without the GMAT requirements.

Still, have queries regarding your GMAT test, check out the most frequently asked questions for GMAT Score and Result.

Q:   How to improve your score from 550 to 700 on GMAT?

A:

If you want to improve your GMAT score, you to consider the following points. First, it will take some time and effort to improve your overall GMAT score. You must start with a GMAT mock test (even if you have not studied anything), identify your weak areas, and work on them. Then, you need to decide on proper GMAT books and prepare them. Do not skip the GMAT OG (GMAT Official Guide). With a sound preparation plan and effective time management, one can achieve a score of 700 which will help you in getting admission to a reputed B-school.

Q:   Is a good GMAT score sufficient for admissions to the top MBA colleges?

A:

While a good GMAT score is crucial for admission to the best MBA programmes, it is not the only need. Along with the GMAT score, the admissions committee also takes into account the applicant's job history, undergraduate GPA, essays, letters of recommendation, and performance in the interview. Your application may be strengthened by a strong GMAT score, but it is insufficient on its own. Here are the details of the other criteria:

  • Work Experience: Admission committees look at your relevant experience. Your accomplishments, achievements, career progression, etc. are all taken into consideration.
  • Academic Background: Your academic background is extremely important for your profile.
  • Application Documents: Statement of Purpose, Letters of Recommendation, Admission Essays, etc. are extremely important for your selection to the top MBA colleges.

Although a good GMAT score displays your verbal, analytical, and quantitative skills, it is only one aspect of the jigsaw. Every top MBA programme has its unique set of aims and requirements for admission. Although certain schools may place a greater premium on GMAT scores than others, no school bases its admissions decisions purely on test results.

GMAT 2024 Score and Result FAQs

Q. What is a good GMAT score?

A. A good GMAT score is usually between 700 and 740 and a score above this is considered an excellent score. The average GMAT score for top business schools in the US is 703 which is more than 700. A score above 700 will improve your chances of getting into a top B-school. However, you must note that your GMAT score is not the only criterion that decides your selection. For instance, when we talk about the GMAT score for ISB Hyderabad, we can see that the GMAT score range is from 690 to 760. MBA colleges look for a comprehensive profile that has a fine balance of a good GMAT score, academic background, professional background, and extracurricular activities.

Q. How many GMAT score reports can I send for free?

A. In the case of a GMAT exam 2023 held at a GMAT test centre, you can choose up to 5 programmes that will receive your official GMAT score report for no additional cost. Make sure that you have done sufficient research about the B-schools, specializations, career outcomes, recruiters, etc. If you wish to send your GMAT score to more programmes, they can be sent by paying $35 per report. In the case of an online GMAT exam at home, you can send 5 free GMAT score reports within 48 hours of receiving your official GMAT score report. If you wish to send beyond these 5 free reports, you will have to pay $35 per report.

Q. Can I cancel my GMAT scores?

A. GMAT score cancellation facility is available only for the GMAT exam taken at a test centre. Test takers can cancel their score at the test centre after giving their exam. Candidates can cancel the scores at the test centre immediately after giving the exam without paying any fee. However, they can also cancel the GMAT score online by paying a fee of $25 within 72 hours of their scheduled GMAT exam. The scores cancelled by the candidate will not be shown or indicated on the score reports sent to schools. If you purchase an additional GMAT score report, you will not be allowed to cancel your GMAT score online.

Q. If I accept my GMAT scores on test day. Can I cancel them later?

A. Yes, candidates can cancel their GMAT exam (held at a GMAT test centre) score online (through their mba.com account) within 72 hours of their GMAT exam by paying a fee of $25. Students are advised to prepare well for their GMAT exam so that they can avoid cancelling their scores. A preparation of 3-6 months is sufficient to score well on the GMAT exam, provided you are aware of the basics. Moreover, students need to work on their admission documents as well. Hence, it is crucial for the students to get a good GMAT score in early attempts.

Q. What is the fee to reinstate the GMAT score?

A. GMAT score reinstate fee is $50. This is available in the case of a GMAT exam held at a test centre only. In order to reinstate a cancelled score, you need to log in to your GMAT account. Candidates need to pay the fee at the time of checkout. Your reinstated GMAT scores will be available within 7 business days (it might take up to 20 business days as well). If you reinstate your GMAT score, the 5 programmes/colleges, which you had selected on the GMAT exam day, will receive your official GMAT score report.

Q. Can I skip questions in GMAT?

A. You should not miss any questions on the GMAT exam. Missing questions on the GMAT can affect your overall GMAT score. GMAT algorithm is designed in a way that it penalizes a candidate for skipping the questions. If you feel stuck, you can choose the most appropriate option and move to the next question. One needs to understand this clearly, part of the GMAT scores are based on the number of questions you get right. Therefore, candidates should answer a maximum number of questions while taking the test.

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Comments

(294)

O

Om Thumar

2 weeks ago

hi, I am currently completing my Bachelors from Symbiosis distance learning BBA. can I get admission in USA universities for MBA. is online degree worth? and can I give GMAT

Reply to Om Thumar

V

Vish d

3 months ago

I'm 29, have done BMS and have 4+ years of work exp. but I have a gap of 2 years as I was preparing for IELTS and GMAT old edition, also I have no math background since after 10th std, Am I eligible to apply for Masters in HR programme in USA?

Reply to Vish d

A

Aishwarya BhatnagarStudy Abroad Expert

3 months ago

Hello! Your eligibility will be decided based on the university you are applying to - one if the gap is acceptable for the course you are applying to and second based on the courses you have studied if you can apply for admissions. If there is confusion, you can get in touch with our counsellors by

...more

S

Shashank Desai

a year ago

How many days prior to the application deadline date can I answer the test? Considering round 1 window closes on 4th September, can I take the GMAT on 28th August?

Reply to Shashank Desai

A

Aprant Agarwal

a year ago

You will receive your official GMAT scores within 7-20 days of your GMAT exam. Considering this, you might not be able to provide your official score to B-schools. Moreover, an MBA application requires SOP, LOR, Admission Essays, etc. You'll need time to prepare these vital documents as well. Make s

...more

v

vaibhav pandey

a year ago

Classic edition GMAT exam will be conducted till March,2024 or not. After m com a Candidate could prepare for MBA abroad

Reply to vaibhav pandey

A

Aprant Agarwal

a year ago

The current version of the GMAT exam "will continue to be available until early next year". There is no specific date for the same. After MCom, you may opt for an MBA as it will enhance your profile. You might as well venture into a new field (e.g. supply chain management) if you find it interestin

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s

saikiran soma

a year ago

I am CA dropoutIwant to pursue my career My MBA abroad Education. I completed my graduation in 2022. I didn't complete my GMAT. Can I apply now.

Reply to saikiran soma

A

Aprant Agarwal

a year ago

Hello. Now that you have completed your graduation, you can very well appear for the GMAT exam. Please make sure to check the eligibility criteria for MBA abroad as certain B-schools demand prior work experience. You may also apply for MIM programmes as they are also rewarding. You may check the to

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