GMAT: Are MBA applicants getting brighter?
A look at GMAT scores, the de facto entrance exam for MBA programs, would suggest that MBA applicants are getting brighter. At the turn of the millennium, the average score at an MBA program ranked in The Economist‘s top ten was 688 out of a possible 800. In 2016 it was 722. 2016 Stanford was leading with 733. But those numbers probably reflect something other than rising intelligence. It is more likely that competition is getting fiercer. Schools often claim not to require a minimum GMAT score from applicants. But the reality is different. To get a good score one hundred hours of groundwork before sitting the test is now common. Continue reading