GMAT score for IB Associate Interviews?
COVID-19 threw a wrench into the MBA admissions cycle this spring. Many business schools, including some top-tier schools, allowed sending ACT/SAT scores in lieu of the GMAT/GRE (in the event that applicants couldn't take either before testing site closures), while other top schools didn't require test scores of any kind.
I've heard that this is uncommon, but that on occasion, some banks will ask for test scores during the interview process and that a few schools even recommend students to state those scores on resumes. Will this hurt interviewees for Summer Associate positions if they can't provide GMAT scores? Will listing an SAT score have equal weight? What's the best course of action to take here if you're not able to take the GMAT before starting classes in the fall?
I personally don't know anyone and haven't read about anyone who got into a top school without a score. The top schools have legions of students on their wait list with good scores. I think a lot of it was posturing and trying to increase the application count through the door.
I have heard that banks do ask for it but I think it depends on your program. My guess is that if you are M7 they don't ask for it because they assume if you got into the school you are capable of working at their bank. I have been told by multiple schools from T15 all the way through T50 that banks will ask for it. There are a couple threads on here about it but I would say that you need a score before recruiting.
To directly answer your question:
Most if not all banks ask for it--though most people put it on their resume, particularly if it is high (~730+).
SAT would not be weighted the same, and who knows if they will be flexible with the situation, but most banks/MBB considered GMAT a requirement.
Grades are what are less common to be asked for.
Applied and accepted into top 25 b school during covid. Never took the GMAT, 3 years work exp., 2 in Corp. banking and 1 Corp. finance. undergrad - 3.5 gpa from Sec school.
networking with banks right now for pre-mba opportunities. not one banker has asked about gmat. I asked two bank recruiters about my situation and they said it wouldn’t be an issue as they aware that testing centers closed.
Are you diverse?
Bankers don't ask you for it, but the online application forms at some banks ask for it. Those dont get looked at anyway just because of the way the recruiting process is structured
Elizabeth Warren diverse lol, but in all seriousness I’m actually 1/8 Native American and have been fairly active with my tribe throughout my life for not living near the reservation.
I def take advantage of my background and I’d say I’m pretty privileged, but b schools were concerned about losing international students and not filling cohorts with covid. I’m not denying that my diversity helped cause it def did. However, it’s really not hard to crush the essays if you just do a little research on what schools look for... just be different... articulate how you’ll be a value you add... don’t just talk about goals but have a mission..., etc. I felt like my work exp. and undergrad gpa weren’t bad and I knew it should check the boxes, but I’m terrible at standardized tests, so normally I wouldn’t have gotten in. I think my ACT was like a 22, but I saw an opportunity with test exemptions and exploited it. I knew I just needed to crush the essays and network a bit. I’m sure many other non-diverse ppl have gotten in to b schools during covid. international student account for a large portion of most class sizes.
Modi saepe necessitatibus sapiente. Quidem nobis consequatur repellat provident ut sit. Magni magnam possimus ipsum unde et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...