Top GMAT accepting MBA colleges in the world

The Graduate Management Admission Test or GMAT is a widely-accepted entrance test to secure a university spot in Management programs, including part-time and full-time MBA. More than 7,700 programs at 2,400 universities and organisations in over 110 countries accept the GMAT score to evaluate the competency of the aspirant for the Business Management programs. So, if you want to study MBA abroad, here is what you must know about the GMAT score for foreign universities.

Key Highlights

• Country-wise top colleges accepting GMAT score

Ø  The United States of America

Ø  The United Kingdom

Ø  Canada

Ø  Australia

Ø  India

• What is the average GMAT for foreign universities
• MBA abroad without GMAT: Is it possible?
• How to select an MBA college

Country-wise top colleges accepting GMAT score

The United States of America (USA)

Quality education offered by the top-ranked institutes and a chance to gain industry exposure make an MBA one of the most popular courses in the USA. As per your interest, you can study full-time, part-time or executive MBA from reputed universities in the US. The top 5 US colleges accepting GMAT are:

1. Stanford University
2. University of Chicago
3. Massachusetts Institute of Technology (MIT)
4. Yale University
5. Northwestern University

The United Kingdom (UK)

The UK is the second most popular choice of international students to study MBA programmes. The one-year MBA programme attracts students to the country as it saves time, and they don’t have to compromise on education standards. You can choose full-time and part-time MBA courses from over 100 UK B-schools and various specialisations such as Economics, International Business, and Health Management. The top universities accepting GMAT scores in the UK are:

1. London Business School
2. Said Business School
3. Imperial College London
4. Warwick Business School
5. Cambridge University

Canada

Impeccable education offered by well-ranked MBA universities, promising post-study work opportunities, and a student-friendly environment make Canada one of the sought-after overseas destinations to pursue this post-graduate degree. The top Canadian universities and colleges accepting GMAT scores for MBA programmes are:

• McGill University
• University of Toronto
• The University of British Columbia
• York University
• Queen’s University- Kingston

Australia

Australia is another hotspot for studying MBA programmes to access globally recognised programs. Robust educational infrastructure, a wide range of specialisations to choose from and lucrative career and growth opportunities are some factors that attract students to Australian management schools. The top MBA colleges accepting GMAT scores are:

• The University of Melbourne
• The University of Sydney
• University of New South Wales
• The Australian National University
• Monash University

India

Even several B-schools in India attract international students to pursue a coveted post-graduate degree, MBA. You can pursue MBA from some of the best Indian colleges after meeting their eligibility requirements. Get admission into an MBA degree in the following Indian colleges through the GMAT exam:

1. S.P. Jain Institute of Management and Research
2. Christ University Institute of Management
3. Xavier Institute of Management
4. IIM Ahmadabad
5. IIM Bangalore

What is the average GMAT for foreign universities?

Ideally, the GMAT score ranges between 200-800. However, the average GMAT score requirement of top-ranked B-schools can be between 600 to 700. The GMAT score prerequisite for the MBA programme differs from one university to another. Therefore, it is advised to check with your chosen B-school before applying.

MBA abroad without GMAT: Is it possible?

The USA, Canada, and Australia are some countries accepting admission into an MBA program without a GMAT score. However, having good academic records, an impressive resume, and some work experience can give you a leading edge for seeking admission into an MBA programme without a GMAT score. Kindly check the university-specific requirements carefully before seeking admission.

How to select an MBA college?

Please conduct thorough research before selecting your MBA college. Here are some aspects to consider to find the right B-school.

• Check the rating and ranking of the college
• Select the college that offers a management specialisation which you want to pursue
• Check the placements of the college and the average salary offered by the companies

So, we hope this helps you find the right Business School to help you steer your career to success in the Management domain. If you are determined to pursue an MBA from overseas but facing financial challenges, you can opt for a study loan for abroad. We, at Avanse Financial Services, offer a customised education loan with a bundle of other benefits. Contact us to know more!