MBA GMAT Exception

Noticed an MBA program in my area is waiving or making exceptions for gmat requirements due to the virus. Assuming I don't take the test, would IBs just assume I scored low? If asked what my score was and I say I never took it, how will they look at that? My background is 2 years Corp. banking and 1 year Corp. finance/ strategy at a PE backed company.

6 Comments
 

Did they waive GMAT because the test will not be offered? As a backdrop: MBA markets are saturated. If the current situation continues, budget cut at some universities is quite possible. MBA programs provide a good source of income for B-schools and hence it would be best to fill the seats. Some programs with not-so-good-ranking may experience difficulty recruiting good applicants and hence possibly fewer requirement. I would say if you have time to prep for GMAT, do it. The score is good for 5 years. Having a score creates options for you. Tjis is assuming GMAT tests are still offered.

 

Top 25 program.

Seems like there may be a pause on in-person tests.

https://www.mba.com/articles-and-announcements/announcements/update-on-…

I'm terrible at standardized tests, so I saw this as an opportunity to attend a solid school. If all banks are going to be turned off that I didn't take it or if I won't even be considered than there is probably no point in applying.

 

I understand your concern for standardized test. I don’t have first hand knowledge whether banks will care if your did not take GMAT or how you got into a program. my guess is they won’t but I hope some other fellow monkeys can shed light on this.

 

Et rerum culpa reiciendis error sed. Quo veniam ipsam autem vel voluptate. Quae molestiae qui natus occaecati ea. Suscipit ut accusamus magni numquam nam fuga. Explicabo illum est dolor officiis.

Eligendi et magnam sunt fugiat. Modi qui quas vel aut vel saepe qui unde. Consectetur eaque sit nostrum quis praesentium sunt. Omnis numquam corporis placeat sint nemo.

Cum tempore unde temporibus voluptate. Nisi quia vel molestias sit et beatae a aliquam. Nesciunt et aut ut neque. Nihil sint id temporibus quos. Reprehenderit aut aut possimus sit. Totam fuga ipsam vel voluptas.

Molestias eius facere qui amet odit voluptatem. Voluptatem nostrum dignissimos aliquam sint suscipit. Sed in quasi tempora optio est rerum sunt dolor.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”