According to the Graduate Management Admission Council (GMAC), which administers the GMAT Exam, the average score is 568.21. Scores can range from 200 to 800, but two-thirds of all test-takers from 2018 to 2020 scored between 400 and 600 points.
The range for Harvard Business School students, for example, is 590 to 790, and the median score for MIT’s Sloan School of Management is 730. Most schools publish a profile of incoming students on their website, so they can see the average GMAT Exam score for the previous year’s applicants.
Students have the option to cancel their score if they are not happy with it. However, if they do not cancel, the score will get reported to their chosen schools whether or not they retake the exam. Canceled scores still count as one of the eight attempts, and students need to wait at least 16 days before a retake. The record will not show the score, printing a “C” in its place, so schools will be aware that it was canceled.
The best strategy, then, is to prepare properly and try to score at or above the median, offering the best chance of acceptance into a chosen master’s degree program. This strategy also helps to avoid application delays caused by multiple retakes.