GMAT full form stands for Global Management Admission Test. GMAT exam is the most common aptitude and subject centric test taken by students of business and finance. If you want to study abroad in USA, UK, Canada, or Australia, business schools all around the world ask for GMAT score. We are here with a list of Top MBA colleges / Top Business Schools around the world, and minimum GMAT scores required for them.
GMAT has a scoring scale of 200 – 800, that means your score will be between these limits. 200 is the lowest GMAT score one can get, and 800 is the highest. GMAT scores increase in the multiple of tens. For Example, 200, 210, 220, 230… and so on. Just like GRE, GMAT scores are also valid for the five years from the test.
Out of the given Universities, most of them require more than 500 GMAT score for the candidate to qulify. Any score between 550 and 640 in GMAT is considered more than average – competitive score. A score above 550 will put you in top 50% of the total candidates who have taken the exam. Individually, the good GMAT score table are as follows:
|Sections||Sufficient (Top 50%) GMAT Scores|
Top MBA Programs around the world and GMAT score Requirements:
1. Top Affordable MBA programs in USA:
When it comes to business management, Study MBA in USA is the most sought after program in the world. Some of the top MBA USA programs for international students are surprisingly affordable. Here is the list of cheapest universities in USA for MBA, and GMAT requirements.
|Polytechnic University of Puerto Rico||MBA, 2 Years||6309 USD||Accepted|
|Anderson University||Professional MBA, 2 Years||8787 USD||Accepted|
|Otterbein University||MBA, 2 Years||11124 USD||500|
|Northeastern State University||MBA, 2 Years||10072 USD||400|
|Lincoln University||MBA, 2 Years||9051 USD||Accepted|
2. Top Affordable MBA programs in Canada:
The most favourite country to study abroad right now, Canada offers some of the most affordable MBA programs with quality education and excellent research facility. Here is the list of cheapest universities in Canada for MBA, and GMAT requirements.
|University of Canada West||MBA, 2 Years||19440 CAD||Accepted|
|Memorial University of Newfoundland||MBA, 2 Years||16559 CAD||550|
|Saint Mary’s University||MBA, 16 Months||30465 CAD||550|
|University of New Brunswick||MBA, 1 Year||24500 CAD||550|
|University of Ontario Institute of Technology||MBA, 2 Years||27721 CAD||550|
3. Top Affordable MBA programs in Europe:
The continent has a number of Top MBA programs to offer with many options to choose from when it comes to Universities. From Germany to Turkey and France to UK, Europe has some of the most affordable business schools you can attend. Here is the list of cheapest universities in Europe for MBA, and GMAT requirements.
|Ludwig Maximilian University of Munich, Germany||MBA, 2 Years||0.00||600|
|Sapienza University of Rome, Italy||MS in Business Management, 2 Years||2821 EUR||500|
|American Business School, France||MBA, 2 Years||13680 EUR||Accepted|
|Kadir Has University, Turkey||MBA, 2 Years||11000 USD||650|
|Institut Superieur de Gestion, France||MBA, 1 Year||13290 EUR||Accepted|
4. Top Affordable MBA Programs in Australia:
Australia has many top ranked prestigious Business Schools for international students who want to study MBA in Australia. With specialisations including Finance, Economics, Accounting and HR. there are many top MBA universities in Australia students can apply for.
|Queensland University of Technology||MBA, 1.5 Years||47100 AUD||550|
|The University of Newcastle||MBA, 2 Years||31035 AUD||550|
|Bond University||MBA, 16 Months||42280 AUD||580|
|University of New South Wales||Master of International Business, 2 Years||44640 AUD||600|
|University of Queensland||MBA in Marketing, 2 Years||76584 AUD||550|