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If you want top IITs then you need to score 200 marks.
All the best.
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It may not have a direct impact but a good GMAT score indicates your ability and skills. So, the employers value a good GMAT score. A good GMAT score will also lead you to a good business school which will eventually open up avenues. Also, there are many companies which asks for a GMAT score like McKinsey which means they do evaluate a candidate's academic ability. Read this:
http://www.mba.com/india/the-gmat-exam/about-the-gmat-exam/employers-value-the-gmat.aspx
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