Colleges Accepting GMAT Scores 2023 - Check the list of Top Business Schools in US, UK, Canada

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Aarushi Jain
Updated on Feb 17, 2023 12:36 PM IST

The GMAT exam is widely accepted in around 114 countries, including the United States, the United Kingdom, Australia, Canada, Germany, and New Zealand. More than 2,300 business schools accept the GMAT exam scores for over 7,000 programmes.

Given that the MBA is such a popular course, the majority of business schools all over the world use the GMAT as a means of calculating a prospective student's competency for a management programme. On this page, you will find some of the colleges that accept GMAT scores across the globe. 

Colleges Accepting GMAT Scores in 2023

GMAT takes place at regular intervals throughout the year and is a Computer Adaptive Test. There are various GMAT participating colleges abroad including Stanford University; Arizona State University; Middlesex University Dubai; Auburn University; Harvard University; Hofstra University; University of California, Berkeley, etc.

Candidates can check the cut-off marks of the GMAT once they are done with the examination. But before checking the cut-off, they must check the GMAT Result to see their score. The minimum marks accepted worldwide are above 600, which may vary depending on the institutional occupancies and vacancies.

Other than the scored GMAT marks and cut-off marks, candidates will have to clear the selection rounds consisting of GD (Group Discussion) and PI (Personal Interview), if they want admission to one of the Participating Colleges of GMAT. Admission to the participating institutions will be based on these above-mentioned parameters including candidates' professional and educational backgrounds.

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How to Choose a College after taking GMAT?

There are a lot of things that candidates must keep in mind while selecting management institutions after clearing their GMAT examinations. The following pointers will help them in choosing the right institution for their desired course. Let’s look at the determining factors for choosing a college after GMAT.

Accreditation and Affiliation of the College:

It is very important for an institution to be recognised and accredited and affiliated with acknowledged authorities. This is one of the most important things that candidates must look after in any institution. An accredited college will lead candidates through good job opportunities and recognition in the field of management.

Infrastructure and Basic Facilities:

Infrastructure and Basic facilities are a must for any institutional structure. Candidates must check the condition of the building, power supplies, classroom conditions, roads, libraries, halls, canteen area, campus area, etc. If the institution successfully fulfils the basic facilities and has a good infrastructure then candidates can surely think of taking admission to it.

Fee Structure:

The fee structure is something that cannot be denied. It is an important factor that must be kept in mind while selecting the management institution. Candidates can compare two top-rated B-Schools in terms of their fee structure and then choose the one that suits their pocket.

Ranking and Ratings of the College:

Management aspirants must check the ranking and ratings of the college they are about to select for a management course. Candidates must see whether the institution is ranking in the top ten or top twenty management colleges. Ranking and ratings must be considered an important determining factor as it also guarantees a good group of faculty members along with a good infrastructure.

Courses Offered:

Candidates must look for the college that offers the management course they want to pursue. Also, check for the duration of the course offered. If the college is offering a related course then such a college can also be opted for management courses, considering the accreditation, affiliation and recognition of the institution.

Placement Cell:

The only reason to study at a good and reputed B-School is to get placed well after the completion of the course. It is a parameter that must be checked by the management aspirants. Check for the companies invited for campus selection and placement process along with the rate of successful placements. Candidates can also check for the highest package offered by the companies and the parameters the companies consider for offering the highest packages.

Campus Culture:

Good campus culture is very important for the overall development and grooming of the students. Hence, candidates must check the campus culture of the institution they are planning for. To check about the campus culture candidates can visit the official website of the institution or can possibly go to the institution and see the environment of the institution.

Alumni and their Success Stories:

Alumni are an integral part of a reputed management institution. Read about the top-placed alumni and their success stories to know about how the institution helped them to achieve the pinnacle of success.

Points to Consider Before Sending GMAT Score to Colleges

Let's look at some of the important factors that candidates must know with regard to participating colleges of GMAT, this year.

  • It is important for candidates to first know everything they can about the college to which they want to take admission. While selecting the right management college, candidates must do some research about the background of the college keeping in mind the above-mentioned pointers of how to choose a college.

  • Candidates must also know that the final selection for the considered college will not only be based on the marks scored in GMAT but will also comprise the GD and PI scores along with the professional and educational background of the candidates.

  • The cut-off marks determined by each national and international institution will also be a deciding factor for the selection of the candidates.

  • Once documentation is complete no changes in terms of college or course can be done.

  • Candidates who fail to turn up for the final admission procedure will automatically lose their candidature.

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Colleges Accepting GMAT Scores in Canada

Find out whichuniversities in Canada offer admission to students in their management programs based on GMAT scores.

University of Toronto

The University of Western Ontario

McGill University

The University of British Columbia

University of Alberta

York University

HEC Montreal

Queens University

McMaster University

Ryerson University

Simon Fraser University

University of Calgary

University of Manitoba

University of Windsor

University of Ottawa

University of New Brunswick

Vancouver Island University

Memorial University of Newfoundland

Saint Mary's University

University of Lethbridge

Colleges Accepting GMAT Scores in Australia

Here are some of the universities in Australia that accept GMAT scores for admission in their management courses:

University of Sydney

University of Western Australia

University of New South Wales

Australian National University

University of Melbourne

Deakin University

Monash University

University of Wollongong

University of Queensland

RMIT University

Griffith University

Curtin University of Technology, Graduate School of Business

Australian Institute of Business

Charles Sturt University

Edith Cowan University

La Trobe University

Mt. Eliza Business School

Central Queensland University

Macquarie University

Murdoch University

Top Business Schools in Europe Accepting GMAT

European countries like UK, Germany, France, Switzerland and Spain have some of the best B-Schools in the world. These universities accept the admission of international students from across different countries. 

Here is a list of some of the top B-Schools in Europe that accept GMAT scores for MBA admission. 

University of Zurich, Switzerland 

Mannheim Business School, Germany 

The University of Business and International Studies, Switzerland 

ESMT, Berlin  

Swiss Federal Institute of Technology, Switzerland 

Frankfurt School of Finance and Management, Germany 

Geneva School of Economics and Management 

Berlin School of Economics and Law, Germany

INSEAD Business School, France

GISMA Business School, Germany

HEC Paris, France

EDHEC Business School, France 

ESCP Business School, France 

Audencia Nantes School of Management, France 

IESE Business School- Barcelona, France 

ESADE Business School- Barcelona, France  

IE Business School, Madrid, Spain 

ESIC Business & Marketing School, Madrid 

Top Business Schools in Asia Accepting GMAT

Countries like India, Singapore, UAE, Hong Kong, South Korea attract a number of international students for admission in theirMBA programs. Following is the list of top business schools in Asia that require GMAT scores:

SP Jain School of Global Management, Dubai

HKUST Business School, Hong Kong

Middlesex University, Dubai

The University of Hong Kong

College of Business Administration- University of Dubai

INSEAD

Indian Institute of Management, Bangalore

Nanyang Business School, Singapore

Xavier Institute of Management, Jamshedpur

Seoul National University- Graduate School of Business, South Korea

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FAQs on GMAT Exam Acceptance

Which are the best study abroad destinations where GMAT scores are accepted?

The best study abroad destinations where GMAT scores are accepted are many. GMAT exam enjoys worldwide acceptance as it properly tests the aptitude of test-takers in the field of business and management. International students can apply to business schools in the US, the UK, Canada, Germany, New Zealand, Australia, Japan, South Korea, UAE, Iraq, Poland, Switzerland, and Hong Kong.

What is the average GMAT score requirement to apply at B-schools in Canada?

The average GMAT score requirement to apply at B-schools in Canada is 580-650. Most Canadian universities and business schools accept GMAT scores in this range. However, the successful admissions are for the GMAT scores of 600-690. Students are recommended to aim for a 650 GMAT score or above if they wish to study MBA in Canada. 

Which are the best B-schools to apply for MBA courses with GMAT scores?

The best B-schools to apply for MBA courses with GMAT scores are Wharton School, Columbia Business School, Harvard Business School, INSEAD, Northwestern University, Stanford Graduate School of Business, London Business School, Iese Business School, HEC Paris, Ceibs, NUS, University of Cambridge, IMD Business School, and Sungkyunkwan University GSB, among many others.

What to do when minimum GMAT score requirements are not mentioned?

In case minimum GMAT score requirements are not mentioned, students can check the range of GMAT scores of the current MBA class of the university. This will give an idea about the GMAT score preferred by the university. Students are recommended to aim for the upper limits of the GMAT score range.

Can you get an 800 on the GMAT?

Yes, it is possible for you to get a score of 800 on your GMAT exam. However, you must note that the score is in itself an extremely rare circumstance. Only 0.015% of the total test takers are able to get an 800 GMAT score. You need to prepare not only your topics well, but also be able to handle the mental pressure exerted by the exam.

Do Ivy League schools accept GMAT for MBA?

Yes, Ivy League business schools accept GMAT scores for MBA. Although many foreign business schools have started accepting GRE as an alternative to GMAT, the top business schools, like Ivy League, still prefer GMAT scores. International students are required to have a GMAT score of at least 700-720 to get their application considered at Ivy League B-schools.

Do top universities abroad prefer GRE over GMAT for MBA admissions?

No, top universities, or in fact, any foreign university, offering MBA courses do not prefer GRE over GMAT for admission. Though many universities have started accepting both GRE and GMAT scores for MBA admissions, many universities still insist on GMAT scores, as the exam is focused on testing the aptitude for business and management courses.

I have a GMAT score of 630. Which universities abroad can I apply for MBA admissions?

There are many universities that can be applied for with a GMAT score of 630. You can apply to Temple University, Sacred Heart University, St. John University, and John Mason’s University, among others, in the US. In the UK, universities like Cranfield School of Management, Durham University, and Birmingham City University, are readily accepting GMAT scores above 600. You need to check the eligibility criteria of your shortlisted universities to know the GMAT score required by them.

Is there any other entrance exam except GMAT for MBA admissions abroad?

Yes, GRE is another entrance that can be used to apply for admissions to MBA courses in foreign universities. Many universities in the UK, US, Canada, Australia, and UAE, accept GRE scores as well for MBA admissions. However, students must confirm well in advance before opting for the GRE test. There are also some universities that conduct their own independent entrance exams for MBA admissions.

Is the GMAT score needed for admissions at IIMs in India?

GMAT scores are readily accepted at IIMs in India. Though not mandatory, if students have taken the exam, and would like to try their luck at IIMs, they can apply with GMAT scores. Alternatively, CAT is a popular entrance exam for MBA courses in Indian business schools. If the students do not plan to study in India or are confused, then they must opt for the GMAT exam.

Does London Business School accept GMAT scores?

Yes, London Business School accepts GMAT scores for MBA admissions. There is no minimum GMAT requirement mentioned by London Business School, However, their current class has a GMAT score range of 590-790, with an average GMAT score of 708. Hence, students are recommended to apply with a 700 GMAT score or more.

Is GMAT enough for admissions at B-Schools abroad?

No, GMAT is not enough for admissions to B-schools abroad. Additionally, letters of recommendation, work experience, strong SOP for MBA, and respectable academic background are also required. GMAT scores are only a part of the eligibility criteria, and final admission depends on various other factors, that vary university-wise. However, a good GMAT score proves beneficial in getting admission to B-schools abroad.

Which educational institutions accept GMAT Scores?

GMAT score is accepted by more than 2,300 universities and organizations in around 110 countries. All the foreign educational institutions which offer MBA courses accept GMAT scores for admission to their courses. Even if the GMAT exam is not a stated requirement, universities welcome and consider the scores for MBA admissions.

Which B- Schools in India accept GMAT?

The B-schools in India which accept GMAT scores for their MBA admissions include IIM Bangalore, IIM Ahmedabad, XLRI Jamshedpur, Indian School of Business Hyderabad, Institute of Management Technology, Ghaziabad, and NMIMS, among many others. Students who are sure to study in India can apply with CAT scores as well. The CAT exam is a requirement to get admitted to Indian B-schools.

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Colleges accepting GMAT

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