GMAT global data report: what is the score of GMAT for business applications?

According to the data analysis provided by MBA Tour, a world-renowned business school travel agency, the global MBA employment market has gradually picked up since 2005. If you attend the MBA program for one or two years now, you are expected to face a hot market with strong recruitment demand when you graduate. According to the survey of MBA candidates from China who participated in the Global MBA Tour, 85% of China MBA applicants took improving their career prospects as their first motivation. So now is a good time to apply for an MBA, especially a top MBA.

Take the GMAT exam

In the process of MBA application, the importance of GMAT accounts for 1/3, and the work background and experience account for 1/3. In addition, the grade of undergraduate course, namely GPA, accounts for 1/3.

GMAT is a very important test for business applicants. If you want to have more confidence in your application, the GMAT score should be at least 700. If you apply for business schools in the United States, Canada, Australia, the United Kingdom and continental Europe, you must have a GMAT score. Needless to say, top business schools in North America and Europe, such as London Business School and INSEAD, have high requirements for GMAT scores.

Business schools in the United States, especially the top ten business schools, look at the average scores. ETS will send the scores of all GMAT exams you have taken in five years to the schools you want to apply for. So don't take the exam easily. Once you take the exam, you will succeed.

apply for a scholarship

Many people think that excellent overseas MBA offers no or little scholarship. In fact, almost all the top 30 American business schools have scholarships of different amounts, and some schools, such as Emory Business School and Darden Business School, even offer full scholarships. In addition, there is a trend in many foreign universities that the number and amount of scholarships offered to China students have increased.

Scholarships offered by foreign schools are roughly based on the following criteria:

The Excellence of students. Most business schools, such as Wharton Business School, Duke Business School, University of Michigan Business School, Emory University Business School, etc. Judge who will be awarded a scholarship by measuring the application materials, which has nothing to do with GMAT scores.

GMAT score. It is understood that the Booth School of Business of the University of Chicago and the Business School of the University of Maryland directly measure whether or not to grant scholarships and the amount according to the GMAT scores of the admitted students when granting scholarships.

According to economic requirements. Stanford Business School decides whether to grant scholarships according to the applicant's financial situation. The school subtracts the fees that students can provide from the total tuition and living expenses, and the rest provides scholarships and loans according to a certain proportion.

Special scholarship. Some schools have also set up many special scholarships. For example, Darden Business School offers scholarships to MBA students from Asian manufacturing industries.

Third party scholarship. In addition to the business school itself, the government, enterprises and individual funds also provide scholarships of various amounts. Tao Xinbo, a well-known education scholarship, is offered to China students who are admitted to Harvard Business School and promise to go back to China to study business administration courses after graduation.