Data from the 2006-2007 GMAC® Application Trends Survey shows that MBA application volume was higher than it was the prior year, reversing the decreases that had been occurring since 2002. Two-thirds of MBA programs reported an increase in applicants for this cycle.
Trends look positive for the 2007-2008 application cycle as well, with GMAT test-taker volume staying strong, up almost 13% worldwide in 2007, and up 8.6% in the US. Check out gmac.com for continued updates and research on GMAT test-taker and MBA application trends.
Snapshot on Test Scores
While approximately two-thirds of all GMAT test-takers score between 400 and 600, the average score for those accepted to the top schools is often close to 700 (92nd percentile) or higher. The average GMAT score for a few of the top schools is noted below:
Business schools look for strong GMAT scores because they use success on the GMAT as a way to predict your success in the first-year of b-school. The GMAT is not a math or an English test, though there are quantitative and verbal sections. Rather, it tests critical thinking and analysis skills through questions on math topics, grammar, reading comprehension, and more.
The good news is that your GMAT scores can be improved with focused and dedicated preparation. For more information on Kaplan's programs, visit GMAT Programs. For more information on registering for the GMAT exam, visit mba.com.
