Hey, I saw this comment in the Kellogg thread, but didn't see much conversation on it. What do you guys think the data shows? Does a high GMAT mean your chances are this much better?
Had some free time, so I put together the acceptance rate by GMAT of GMATClub members:
Assumptions: Matriculating or Admitted status = Accepted, everything else = Not accepted
Range: 600-770 GMAT, not blank, all other data excluded
Axis: I'm using openoffice, and I generally use excel, so this isn't as pretty as I'd like. But left hand side is % accepted, not total number of accepted.
Conclusions:
1) 700 seems to be a major psychological thresholds for adcoms. Only 3/49 (6%) of people with below 700 got in. Unless you're a URM or have an amazing score, 700 seems to be the minimum score where its worth applying.
2) 700-730 seems to be treated around the same. 740-760 range there seems to be "GMAT bump" where your chance of getting in almost doubles.
Random Thoughts:
1) I think the 770 drop is just noise, I'd ignore it.
2) Remember the sample size for each GMAT range is going to be low, especially at the upper and lower ranges, look at the trend, not specific scores.
3) 14% of people with Blank GMAT got in. I think there's a bias in which people with lower GMAT scores don't input it on this site, perhaps for social reasons.
4) Not in the data above, but something I found really interesting is that out of the 44 people from India who inputted input their country on this site, ZERO got in. Obviously some indians got in, but acceptance rate still must be extremely low.
5) 20% of Americans got in, 20% of blank countries, and 21% of Non-Indian internationals got in.