A good GMAT score 2024 is 700 and above. The GMAT scores are acknowledged by top business schools worldwide. MBA admission to various colleges are based on GMAT scores.
What is a Good GMAT Score 2024?: A good GMAT score is 700 and above, which IIMs generally consider for admission. However, if you score 550+ in the entrance exam, the scores are considered for admission into business schools.
There are 650 test centres in 114 countries accepting the GMAT scores. The top IIMs in our country accept it as well.
Graduate Management Admission Test (GMAT) is an entrance test for MBA admission into various colleges and universities all over the globe.
It is specially designed and curated for students who aspire to pursue a career in management and business. It is conducted by Graduate Management Admission Council (GMAC).
What is a Good GMAT Score 2024?
Studying according to the needs of the colleges and adapting to the need of the hour is advisable. Generally, 700 and above is considered a good score, this will fetch you admission to different schools.
GMAT Good Score 2024
GMAT good score 2024 is required for admission into top colleges. Here is a brief breakdown of GMAT good scores, best scores, and average scores:
| Subjects | Good Scores | Best Scores | Average Score |
| Analytical Writing | 6 | 5.5 | 5 |
| Integrated Reasoning | 8 | 7 | 6 |
| Quantitative Aptitude | 51 | 48-50 | 38-47 |
| Verbal Reasoning | 51 | 36-39 | 28-34 |
| Total Score | 750-800 | 660-730 | 550-640 |
Also Read: GMAT Full Form
Factors to Consider for GMAT 2024
There are several factors that contribute to the GMAT scores and help you get into top business schools. The definition for good scores varies from school to school.
Self-assessment, identifying your target Business Schools, research about the targeted business schools are considered very important. The average GMAT score of the last incoming class is useful to get a scholarship.
How to Achieve GMAT Good Score 2024?
To get admission and to bad scholarship from desired college, candidates must aim high. Listed below are some of the things that can help achieve your goals:
- Many business schools tend to focus on the GMAT total score, which means that you may make up for weakness in one area by being strong in another.
- There is no such notion as a bad GMAT score, you need to score high to secure your position in the race
- Usually, business schools want to build a diverse and unique student body, a GMAT score will add to your background and enrich your profile.
Top 10 Colleges with GMAT Accepting Scores 2024
Top Colleges around the world accepting GMAT scores are as listed below. The competition is high; therefore, candidates must give their best shot for admission into these colleges.
| Sl No. | College Name | Scores |
| 1. | Stanford Graduate School of Business | 730-790 |
| 2. | Harvard Business School | 730-800 |
| 3. | University of Pennsylvania: Wharton | 690-790 |
| 4. | London Business School | 600-780 |
| 5. | Columbia Business School | 650-790 |
| 6. | Indian School of Business (Hyderabad) | 700 |
| 7. | Xavier Institute of Management | 650-700 |
| 8. | Indian Institute of Management (Indore) | 700 |
| 9. | Amity School of Business | 550-600 |
| 10. | Indian Institute of Management (Calcutta) | 700 |
Also Read: GMAT Score Chart
GMAT Marks vs Percentile 2024
A candidate is ranked as per the number of answers they get right, as well as the GMAT exam's difficulty level, and the time taken on each GMAT exam section.
If by chance there are multiple wrong answers in a series, the candidate's scoring chances decrease. This elaborate chart will help in understanding the scoring.
| Marks Scored | Ranking Percentage |
| 800 | 99% |
| 750 | 98% |
| 730 | 96% |
| 720 | 94% |
| 700 | 88% |
| 660 | 77% |
| 650 | 73% |
| 640 | 68% |
| 610 | 58% |
| 600 | 54% |
| 580 | 48% |
| 550 | 38% |
| 520 | 30% |
| 510 | 28% |
| 500 | 52% |
| 470 | 20% |
| 450 | 15% |
| 400 | 9% |
| 340 | 5% |
| 300 | 9% |
| 250 | 1% |
| 210-200 | 0% |
GMAT Exam Pattern 2024
The GMAT question paper is for 3 hours 30 minutes (including breaks). There is a pre-set clock that can neither be changed nor can be reset. The candidates should follow the timer to finish the exam on time and practice accordingly.
The exam authority has also installed an on-screen calculator which the candidates can use while attempting quantitative questions and minute calculations at the time of examination. The GMAT exam pattern is as follows:
| Subjects | Total Time |
| Analytical Writing | 30 Minutes |
| Integrated Reasoning | 30 Minutes |
| Quantitative Aptitude | 62 Minutes |
| Verbal Reasoning | 65 Minutes |
Also Read: GMAT Score Validity 2024
GMAT Syllabus and Scoring Areas 2024
GMAT is a computer-adaptive course, the scoring process is tricky. When a candidate answers correctly the subsequent questions are expected to be tough and when a candidate answers a question wrong the vice-versa is expected.
Analytical Writing
The scoring range is between 0-6 points. Analysis of an Argument on 1 topic is asked. This monitors a candidate's analytical skills and is rated with the help of professional raters and machine algorithms. The elaborate table is mentioned below:
| Scores | Analytical Writing |
| 6 | 89% |
| 5 | 54% |
| 4 | 17% |
| 3 | 5% |
| 2 | 3% |
| 1 | 1% |
| 0 | 0% |
Integrated Reasoning
The scoring range is between 1-8 points. This has multiple parts and the questions are asked from reasoning, graphics interpretation, two-part analysis, table analysis. The table below explains the marking pattern:
| Scores | Integrated Reasoning |
| 8 | 93% |
| 7 | 80% |
| 6 | 70% |
| 5 | 55% |
| 4 | 40% |
| 3 | 24% |
| 2 | 11% |
| 1 | 0% |
Also Read: GMAT Score Accepting Colleges in India
Quantitative Aptitude
The scoring range is between 6-51 points. This part engages questions from problem-solving and data sufficiency. Each correct answer will rank candidates with a higher score. Given below is the complete analysis of quantitative aptitude:
| Scores | Quantitative Aptitude |
| 51 | 99% |
| 46 | 60% |
| 41 | 43% |
| 36 | 31% |
| 31 | 20% |
| 26 | 12% |
| 21 | 7% |
| 16 | 4% |
| 11 | 2% |
| 06 | 0% |
Verbal Reasoning
The range of score is 6-51 points. It includes quantitative and verbal reasoning, comprehension, and sentence correction. Answering a higher number of questions correctly ensures bagging more scores.
The display below table shows the breakdown of verbal reasoning:
| Scores | Verbal Reasoning |
| 51 | 99% |
| 41 | 94% |
| 40 | 90% |
| 36 | 81% |
| 35 | 76% |
| 31 | 62% |
| 30 | 58% |
| 26 | 44% |
| 25 | 39% |
| 21 | 27% |
| 20 | 23% |
| 16 | 13% |
| 15 | 10% |
| 11 | 4% |
| 10 | 3% |
| 06 | 0% |
Also Read: GMAT Score Calculator
GMAT Eligibility Criteria 2024
Anyone of any nationality can take up the GMAT 2024 exam. The first step is to register and before that, it is advisable to check the admission details and criteria.
The GMAT eligibility criteria for participating in the exam are listed below:
- Candidates must have passed their bachelor’s from any recognized university
- There is no upper age restriction to appear for the GMAT but candidates should be above 18 years of age
- There is no minimum cut-off for GMAT eligibility.
GMAT Exam Details 2024
To get a basic understanding of the GMAT score we should always keep in mind the exam pattern. This a computer-adaptive exam, candidates can appear 5 times a year according to their flexibility.
However, there should be a gap of 26 days between the two successive exam appearances.
| Exam Full Form | Graduate Management Admission Test |
| Official Website | www.mba.com |
| Conducting Authority | Graduate Management Admission Council |
| Answering Medium | English |
| Duration of Exam | 165 minutes |
| Exam Mode | Computer-Adaptive (Online) |
Also Read: How to Send GMAT Scores to Colleges?
Tips for GMAT 2024 Preparation
The candidates should follow certain rules before applying or appearing for the GMAT those are mentioned below:
- Candidates should be able to judiciously manage their time, a proper preparation pattern should be followed
- There is negative marking for answers, so the candidate should read through the questions carefully and then only mark the answer
- If there is any doubt regarding the answer it is wise to leave it empty rather than attempt the wrong answer
- Proper rest is needed to attempt the exam, candidates should be calm and take breaks in the middle to avoid exhaustion.
Also Read: GRE to GMAT Conversion
