I looked everywhere on GMAT Club to find some data on the average GMAT scores of admitted female applicants and if they got any scholarships. As I could not find anything, I built my own spreadsheet and make some inferences. As I thought that this information could benefit other female applicants, here are my findings. The data includes GMAT Club members who self-identified as females and got an admission offer between Fall 2016 and Spring 2020. My sample size contains 47 admission letters and is quite small compared to the overall GMAT club membership.
Before you ask, I did not find a statistically significant correlation based on GPA and industry. These stats do not guarantee admission. My objective with this post is to hopefully give women some confidence in applying to their dream school.
Admitted - No Scholarship
This varies based on the applicant pool and the representation of your nationality.
For applicants from an average representation applicant pool (Americans, Europeans, Canadians, Latinas, etc.), the average difference between the GMAT scores of the school and the score of admitted women is -20 points. For example, if the average GMAT score of a school is 720, other female candidates were admitted with a 700 score.
If you are from an over-represented applicant pool (basically all Asian countries except India), the average difference between the average GMAT score and the score of admitted women is 0. For example, if the average GMAT score of a school is 720, other female candidates were accepted with a 720.
For Indian women, the average difference between the average GMAT score and the score of admitted women is 10 points. For example, if the average GMAT score of a school is 720, other female candidates were accepted with a 730 score.
Conclusion - Your nationality will have an impact on the GMAT score requirement. However, the penalty for female applicants from over-represented countries is not as harsh when compared to male candidates.
Admitted - Scholarship Between 30% and 50% of Tuition Fees
An important proportion of these candidates are Forte Scholarship recipients (not the majority, but about 40-50%). It is also extremely rare for women to get a scholarship worth less than 30% of tuition fees.
If you are from an average representation applicant pool, you can get a scholarship if your GMAT score is 10 points above the school's average GMAT. For example, if the school's average GMAT score is 700, you can get a scholarship if you have a GMAT score is 710.
If you are from an over-represented applicant pool (basically all Asian countries), you can get a scholarship if your GMAT score is 20 points above the school's average GMAT. For example, if the school's average GMAT score is 700, you can get a scholarship if you have a GMAT score of 720.
Conclusion: Your nationality will have an impact on the scholarship, but the difference between nationalities is only 10 points.
Admitted - Full-Ride Scholarship Worth 100% of Tuition Fees
Here is some great news for applicants from an over-represented applicant pool: there is no statistically significant difference between an applicant's nationality and the probability of them getting a full-ride scholarship. However, the main difference is based on the school's ranking.
For example, if you want to apply to a top 15 school in the US, you would need a GMAT score 40 points above the school's average. For example, if the school's average GMAT is 720, you can get a full-ride scholarship if you have a 760.
If you want to apply to good schools below the Top 15, you would need a GMAT score 30 points above the school's average. For example, if the school's average GMAT is 680, you can get a full-ride scholarship if you have a 710.
Conclusion: There is no difference in nationality for full-ride scholarships, but there is a difference in the GMAT score requirement based on the school's ranking.
Again, I really hope this post will help other ladies on GMAT club. Let's all remember Elle Woods from Legally Blonde: she took a leap of faith, applied at Harvard Law School and got admitted. Let's follow her example!