GMAT aspirants all over the country have the growing requirement of knowing the importance of the exam itself. The need of this lies in the growth of MBA in entirety. The importance of the examination lies in the fact that the GMAT score is accepted by business programs all over the world. World’s eminent leaders have regarded this test as a top choice when it comes to admission in top business schools. The test is set such that it tests every kind of skill that might be required in the world of business.
The GMAT score is such that it influences the pathway for one’s career. The score enables to start one’s career at a respectable level. The examination inculcates the very basics of the subject it targets. The examination not only inculcates knowledge and confidence but basic required mannerism. The examination helps measure the skills one has. It predicts the success of your life. The examination is such that it can be taken any time the candidate is prepared. The examination is such that it is acceptable by over 7000 business programs all over the world. This not only paves a path to a better future but gives a viable alternative.
Business programs all over the world accept the score generously and it is such that it gives a respectable position to any aspirant with the score they put forward. This score is widely trusted and appreciated as an indicator of excellence in the field, it is so widely appreciated that the score itself is used to make decisions for 9 out of 10 MBA programs.
The GMAT score predicts the requirements of any business school. The value added by the GMAT score is far more than the admission process. It adds value to a lot of things in life at various levels when it comes to quantitative and qualitative advancements. The average salaries and a return of investment are convincing enough as per the 2019 new reports about higher ranking colleges.
The list below gives a detailed proof:
| RANK | AVG. RATE | AVG. SCORE | SALARY | |
| Harvard | 1 | 10% | 731 | $137K |
| Chicago Booth | 1 | 24% | 730 | $129K |
| Wharton | 3 | 19% | 730 | $136K |
| Stanford | 4 | 6% | 737 | $144K |
| MIT Sloan | 5 | 12% | 722 | $128K |
| Kellogg | 6 | 20% | 732 | $128K |
| Berkeley Haas | 7 | 13% | 725 | $126K |
| Michigan Ross | 7 | 25% | 716 | $125K |
| Columbia | 9 | 14% | 727 | $128K |
| Tuck | 10 | 23% | 722 | $128K |
The competition for the colleges is extremely high, one with even the slightest difference in marks can count as degradation of the college one might be getting into. The competition is what has made this such a sought-after examination process as it is being required and wanted all over the world by the topmost institutes. The students work ten times harder for this test in comparison to most of the other examinations. The salary difference also accounts for how much the test results matter in this field and most of the business schools all over the world. The standard and recognition the GMAT score is one of the best in the world.
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The GMAT score holds 22% weightage in all MBA applications. The GMAT score not only helps aspirants into their dream business school but also benefits them when appearing for any business programs or any job. The score is a huge factor for assessing aptitude, diligence, and focus of a student in this field. The score assesses how a student reacts to intellectual situations arising and thus is like a trait in the applications and curriculum vitae that the aspirants submit.
Corporate recruiters look for this score in the same direction as the business schools do and it is a more respectable and viable addition to the CV that is placed in front of them.
The point to ponder upon is whether the decision to choose GMAT over GRE is a wise decision when it comes to MBA college scopes. The need for the GMAT score is vast because it is one directional and can develop the aspirant into the expected MBA student. The students’ confusion regarding the colleges can be changed by the points made above and thereby proving the necessity for the GMAT score.