How important is the GMAT for B-School?
The University of California school system can no longer use SAT/ACT scores for undergraduate admissions.
It’s very unlikely the same would happen for the GMAT and MBA programs in the near future, but will top schools still require it in 5-10 years? A few schools allow GMAT/GRE waivers but only for online programs. How important is the GMAT in getting into B-school and has that importance changed?
Just wanted to start a conversation on the GMAT and how important it is or isn’t for the average person on this site.
3 Things Matter in B School apps: -GMAT/GRE -Experience/Recommendations -uGPA
If you have a 4.0 uGPA, maybe you only have to get a 700 or 720 for T10 MBA, but a 3.5 uGPA or 3.2 GPA is gonna need to be a GMAT splitter at 720 - 760.
The lower your uGPA is, the higher your GMAT must be. If you have mediocre uGPA and GMAT, your recommendations, leadership experience, and work experience / recommendations must be on fire.
And your story and how you bring it all together is important. Maybe you’re a diversity candidate, which could mean a variety of things including different career paths.
The GMAT is still very important. It's mostly comparable across applicants and is a helpful data point when you're otherwise going off of undergrad GPA (very school/major dependent) and work experience (hard to quantify from a paper resume).
The income disparity issues with SAT/ACT are less relevant to the GMAT. Every high schooler in the country takes the SAT/ACT, while the GMAT is for a select handful who want an advanced business degree, likely already work full time, and can afford the price/opportunity cost of business school.
It’s importance depends on an applicant’s background and work experience. Full stop.
If you’re a cisgender, heterosexual white male with financial services experience and parents who are both college educated, you best be gunning for GMAT scores above the averages of the schools to which you apply. No need for debate, as I’m sure this won’t surprise many.
Got my ass, good way of putting it.
Very few will be this transparent, but it’s quite easy to pick up on patterns once you’ve spent two years with your classmates. I’m not willing to opine on the legitimacy of these practices, but I want you to be as informed as possible.
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