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12 Jul 2008, 09:38
Kudos
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Does anyone know the trend of average GMAT scores at top programs during the last recession? Were they lower in 2000 than in 2002-2003?
Can we expect the average at schools like Kellogg or Chicago to be around 715-720 next year?
Can we expect the average at schools like Kellogg or Chicago to be around 715-720 next year?
12 Jul 2008, 10:07
Kudos
Bookmarks
I don't but according to these stats:
GMAT Registrations January-May 2007 106,571
GMAT Registrations January-May 2008 118,684
11.37% increase in GMAT registratins this year.
It doesn't look like the increase is that drastic. An extra 1,200 700+ scores TY vs LY up to May.
I think it would be interesting to see Fall 2008 admission stats to get a better picture.
GMAT Registrations January-May 2007 106,571
GMAT Registrations January-May 2008 118,684
11.37% increase in GMAT registratins this year.
It doesn't look like the increase is that drastic. An extra 1,200 700+ scores TY vs LY up to May.
I think it would be interesting to see Fall 2008 admission stats to get a better picture.
12 Jul 2008, 11:04
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Bookmarks
I believe the average will go up simply because more applicants will apply to more schools that are perceived to be slightly easier to get into.
For instance, someone with a 730+, strong work experiences, good extracurricular involvement etc. might consider applying to a handful of Elite schools and not just the Ultra Elite, simply because he/she really wants to sit out the recession in the comfort of the ivory tower. Not to mention the fact (and this is something I've been harping about long before the recent coverage in the Businessweek, FT etc.) that the rising purchasing power of students in countries such as India, China and S. Korea etc. has made a US MBA that much more affordable for them. This is traditionally a demographic that's done relatively well on standardized testing and clearly there's going to be more applications from this segment this year, and perhaps that will push average scores even further?
I'm pretty sure the average GMAT scores for places perceived to be backups for H/S/W, as well as schools such as Ross, Darden, Duke, NYU, UCLA, Cornell etc. are going to be appreciably higher this year.
For instance, someone with a 730+, strong work experiences, good extracurricular involvement etc. might consider applying to a handful of Elite schools and not just the Ultra Elite, simply because he/she really wants to sit out the recession in the comfort of the ivory tower. Not to mention the fact (and this is something I've been harping about long before the recent coverage in the Businessweek, FT etc.) that the rising purchasing power of students in countries such as India, China and S. Korea etc. has made a US MBA that much more affordable for them. This is traditionally a demographic that's done relatively well on standardized testing and clearly there's going to be more applications from this segment this year, and perhaps that will push average scores even further?
I'm pretty sure the average GMAT scores for places perceived to be backups for H/S/W, as well as schools such as Ross, Darden, Duke, NYU, UCLA, Cornell etc. are going to be appreciably higher this year.
terp06
