Graduate Management Admission Test

GMAT Colleges 2023: Country Wise GMAT Accepting Colleges & The Needed Average Score

GMAT test-takers planning to study abroad should know which universities to target before they start applying. Check this article to know country-wise GMAT accepting colleges and the average needed score to get admitted into them.

Lakshima SareenUpdated on : Jul 27 2023 16:02 IST

GMAT Colleges 2023: Country Wise GMAT Accepting Colleges

GMAT Colleges 2023: The GMAT exam serves as a criterion for more than 7,700 programs at 2,400 universities in 110 different countries. With various possibilities and options, GMAT test-takers may struggle to choose the right GMAT universities to target in order to get the best education and opportunities.

Various Indian B-school applicants apply to GMAT colleges abroad hoping for better monetary prospects and professional growth. One of the first steps to start this process is to decide which management colleges one should be targeting strategically and then complete GMAT Registration. Candidates will have to pick their higher education institution carefully if they want to have a great management career.

Moreover, with GMAT Focus Edition (A new version of GMAT) launching later in the year, the test-taking process and GMAT Pattern will become more flexible and efficient. Further, applicants must note that even though the current GMAT will function till early 2024, many universities would still demand the GMAT Focus Edition score. Hence conducting a proper analysis of the targetted universities' requirements is essential.

GMAT Colleges 2023

The first step for any candidate who wishes to pursue their education abroad is to shortlist their preferred university or course. This is especially important if they want to prepare for visa applications and apply for financial aid or scholarships.

Before applying to colleges, candidates should assess which institutes are the best fit for them. This should be done based on their profile & merit, experience, and preference. After the assessment, applicants must prepare an adequate college list that should include a mix of Dream, Competitive, and Safe universities. Only targeting the top management colleges may reduce the candidates’ chances of getting accepted into them.

A student's decision to study abroad is crucial and can be overwhelming. Even though it can be difficult to make this choice, doing so can be a valuable experience. One can make this process simpler and thus more successful with the right approach and plan of action. Continue reading to know a list of country-wise prominent GMAT colleges and the needed average score to get admitted into them.

GMAT Colleges 2023: United States of America

Many of the top business schools in the world are located in the US, including the University of Pennsylvania's Wharton School, Stanford University, Harvard University, MIT's Sloan School of Management, and the University of Chicago's Booth School of Business, among many others. Check the detailed list of renowned GMAT-accepting colleges in the USA below:

Institute Name	Location	Average GMAT Score Requirement	Acceptance Rate
Princeton University	New Jersey	700	6%
Harvard Business School	Boston	730	12% (2016)
MIT Sloan School of Management	Massachusetts	730	14%
Stanford Graduate School of Business	California	733	6.15
Yale School of Management	Connecticut	725	24%
University of Pennsylvania - The Wharton School	Philadelphia	733	9%
Haas School of Business, University of California Berkeley	California	730	13.2%
Ross School of Business - University of Michigan	Ann Arbor	700+	20%
Tepper School of Business	Pittsburgh	700+	28%
NYU Stern School of Business	New York	620-770	19%
McCombs School of Business- UT Austin	Texas	706	29%
Cornell University	Ithaca	710-720	39.6%
Kelley School of Business at Indiana University	Bloomington	620-650	38%
UNC Kenan-Flagler Business School	North Carolina	706	36%
USC Marshall School of Business	Los Angeles	665	24%
UVA Darden School of Business	Charlottesville	715	26%
University of Chicago Booth School of Business	Illinois	732	23.5%
Kellogg School of Management	Illinois	729	20%
The Fuqua School of Business	North Carolina	713	24%
Columbia Business School	New York	730	18.2%
Tuck School of Business	New Hampshire	724	22.1%
Georgetown University McDonough School of Business	Washington DC	697	47.5%

GMAT Colleges 2023: Canada

Canada is rated as one of the most welcoming countries in the world for quality of life by U.S. News & World Report. The rankings consider aspects including security, employment, healthcare, and education. B-school aspirants can check out the list of some of the top business colleges in Canada below:

Institution Name	Location	Average GMAT Score Requirement	Acceptance Rate
Rotman School of Management	Toronto	674	10%
Smith School of Business at Queen's University	Kingston	645-65	7%
Ivey Business School	London	600	8.5%
Desautels Faculty of Management, McGill University	Montreal	675	30.4%
Schulich School of Business- York University	North York	660	6%
UBC Sauder School of Business	Vancouver	550+ GMAT, 50th percentile in the quantitative and verbal sections	6%
Alberta School of Business	Edmonton	550+	21%
Concordia University	Montreal	580+	78.2%
HEC Montreal	Montreal	630+	38%
McMaster University	Hamilton	500-780	58.7%
Brock University	Ontario	610	Over 70%
Telfer School of Management	Ottawa	minimum overall score- 50th percentile, minimum of the 45th percentile in verbal and quantitative	50%
Beedie School of Business	Columbia	550+	59%
Saint Mary's University	Halifax	550+	70%
Wilfrid Laurier University	Waterloo	620	89%
Victoria University	Toronto	550	63%
Haskayne School of Business	Calgary	550	50-60%
Ryerson University	Toronto	500	80%
University of Saskatchewan	Saskatoon	500+	72.3%

GMAT Colleges 2023: United Kingdom

With a location and time zone that makes it possible for the United Kingdom to be a link to the business world globally, the UK is considered to be a business hub. It is known as the nation of entrepreneurs and is ranked as the seventh best place in the world to start a business. London, the top financial city in the world, alone supports more than six million jobs. Below is the list of some of the prestigious colleges in the UK:

Institute Name	Location	Average GMAT Score Requirement	Acceptance Rate
London School of Economics	London	708	9.9%
University of Oxford	Oxford	650+	17.5%
University of Cambridge	Cambridge	700	21%
London Business School	London	709+	25%
University of Warwick	Coventry	650	14%
University of Manchester	Manchester	620-680	70.4%
Imperial College Business SchoolImperial College London	London	660	14.3%
University College London	London	600	48%
Lancaster University	Lancaster	580+	18.69%
University of Nottingham	Nottingham	600	11%
University of Sussex	Falmer	600	12%
University of Leeds	Leeds	620	64.5%
Bayes Business School	London	600+	14%
University of Birmingham	Birmingham	600	13.5-15%
University of Edinburgh	Scotland	600	10%
Durham University	Durham	650	41%
University of Bath	Bath	610	12%
University of Reading	Reading	600+	58%
King's College London	London	590+	13%
Aston University	Birmingham	620	50%
University of Southampton	Southampton	600	80%
University of Essex	Colchester	600+	74%
Newcastle University - UK	Newcastle	600	87%
University of Liverpool	Liverpool	600+	13.9%
University of York - UK	Heslington	550	80%
University of Glasgow	Scotland	GMAT not mandate, the institute may conduct a similar test	74%

GMAT Colleges 2023: Ireland

There are multiple business schools in Ireland that offer MBA programs, some of which are also available with specialization in areas like finance, marketing, accounting, supply chain management, and business analytics, to name just a few.

As a result, Ireland is famous for offering comprehensive business education that is inexpensive when compared to other nations. A country where candidates get 2 years of post-study work permit and become eligible for PR. Check below to know more about the B-schools in Ireland-

Institute Name	Location	Average GMAT score requirement	Acceptance Rate
Trinity Business School	Dublin	581	38%
UCD Michael Smurfit Graduate Business School	Dublin	520+	20%
University of Galway	Galway	520+	86%
Cork University Business School	Cork	475	41%
DCU Business School	Dublin	520+	20%
University of Limerick	Limerick	520+	70%
Dublin Business School	Dublin	520+	-
Maynooth University	Republic of Ireland	520+	73%
Technological University of Dublin	Dublin	500+	46%

GMAT Colleges 2023: France

France's excellence in higher education is considered to be exceptional. The Times Higher Education, the QS, the Financial Times, the Shanghai, and the European Union are just a few highly regarded international rankings that feature numerous French universities and Grandes Ecoles. Studying in France entitles you to the advantages of this recognition.

Moreover, France is home to 71 competitiveness clusters, which provide an appealing environment and bring together research facilities, academic institutions, start-up businesses, and large organizations. A detailed list of some of the prominent French universities is listed below-

Institute Name	Location	Average GMAT Score Requirement	Acceptance Rate
HEC Paris	Paris	690	8%
INSEAD	Fontainebleau	706	32%
EDHEC Business School	Lille, Nice, Paris	634+	25%
Emlyon Business School	Écully	580-700	19%
ESSEC Business School	Cergy	660+	13.7%
ESCP Business School	Paris	600-700	10%
Grenoble Ecole de Management	Grenoble	550+	60%
Audencia	Nantes	550+	10%
NEOMA Business School	Mont-Saint-Aignan	500+	-
KEDGE Business School	Talence	540	-
IÉSEG School of Management	Lille	540	-
Paris School of Business	Paris	690	40%
EDC Paris Business School	Paris	540+	20%
INSEEC Business School	Paris	540+	10%

GMAT Colleges 2023: India

Numerous business schools in India require certain standardized test results as part of the admissions process. The GMAT is one such test. Apart from the CAT exam, various top management institutes like IIM accept GMAT scores for different courses. Check the list of the prestigious colleges accepting GMAT in India-

Institute Name	Location	Average GMAT Requirement	Acceptance Rate
Indian Institute of Management	Bangalore, Ahmedabad, Lucknow, Calcutta, Indore, Kozhikode	720+	2%
Indian School of Business	Hyderabad, Mohali	720+	11%
Institute of Management Technology	Ghaziabad	690+	-
Management Development Institute	Gurgaon	680-700	-
XLRI Jamshedpur	Jamshedpur	700	-
Indian Institute of Foreign Trade	Delhi	690+	-
MICA	Ahmedabad	690+	-
SDA Bocconi Asia Center	Mumbai	690+
NIFT	Delhi, Bangalore, Chennai	690+	29%
Christ University	Bangalore, Delhi	450+
Tata Institute of Social Science	Mumbai, Tuljapur, Hyderabad, Guwahati	650+	59%
Narsee Monjee	Mumbai	650+

Note: Many of the universities mentioned above have given a waiver for the GMAT exam. This means, submitting a GMAT score for those specific colleges will not be mandatory, yet it is recommended. By taking the GMAT exam, one can increase their chances of receiving financial aid at any top university. Before requesting a waiver, find out if taking the GMAT exam will be beneficial for you.

Frequently Asked Questions (FAQs)

How many Indian colleges accept the GMAT score?

Approximately the majority of B-schools in India accept the GMAT score for admissions. Top institutes like IIM or ISB accept the GMAT for various management courses. Although, the flagship course in each university may have greater requirements.

Can Indian Students apply to IIMs through GMAT?

For admission to their one-year full-time MBA programs, IIMs accept GMAT scores. However, Indian candidates are required to submit CAT scores for their 2-year PGP programs.

Which country is best for MBA?

America is known for having prestigious institutions that provide management education. The top Master of Business Administration programs is available to international students at the top-ranked American colleges. Since the UK is the global financial centre, other courses, like the M.Fin, should be taken there.

Which is the No 1 MBA college in the world?

According to the QS MBA world Rankings 2023, Stanford Graduate School of Business is ranked number 1 in the world, followed by Harvard Business School and Penn Wharton.