What is a Good GMAT Score?

Let’s get straight: A “good” GMAT score depends on your target business schools and personal goals. We’ll look at an example to understand this better:
Dinesh is a student who wants to get into a top business school. He starts searching for the GMAT average scores of different B schools.
Dream B-school: 720
Second Choice School: 710
Third Choice School: 700
Dinesh now knows that if he gets 720 or more, he has a good chance at all these schools. But he also learns something important: schools don't just look at GMAT scores. They also consider work experience, grades from college, and other activities.
After thinking about this, Dinesh decides to aim for a score of 730. Why? This score would be higher than the GMAT average score at all his chosen schools. It might also help if other parts of his application aren't as strong.
Remember, a GMAT good score is one that helps you reach your goals. It is different for everyone!

Factors to be Considered While Calculating a Good GMAT Score
Once you’ve found out what is a good GMAT score for you, here are some benchmarks to consider:
For admission to top-tier business schools, first set your target score. Aim for a score of 705 or higher. This corresponds to the 98th percentile or above (your percentile rank shows how you performed compared to other GMAT test-takers. For instance, a score in the 75th percentile means you performed better than 75% of test-takers).
Research the GMAT average scores for your target schools. Aim to score within or above their average range to be competitive. The most prestigious MBA programs have average GMAT scores ranging from 540 to 790.
Think about your strengths and weaknesses in other parts of your application. Remember, business schools also consider your work experience, academic records, essays, and overall fit with their program when making admissions decisions. So, set a goal that balances your GMAT score with these other factors.

Originally published at https://www.careerlauncher.com/gmat/gmat-score/