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GMAT Scores:

 

Business schools consider GMAT scores in order to determine whether or not the candidate is a fit for business studies. Although GMAT scores are not the only determinant but they do hold a value in admission decision. However it is recommended that if you have scored average you must not lose heart and should apply in good business schools too because it has been observed several times that students on the basis of other qualifications, recommendations, their resume or interview get the admission no matter what their GMAT scores are.  

 

There is no passing or failing scores in GMAT, whatever you score has a different meaning for a different business school. Your score might be a good score for one school whereas an average for another. Thus it depends upon the school assessing your application that which score they consider good or average. To make it clearer I would like to quote Rosemaria Martinelli, the Associate Dean of Student Recruitment & Admissions at the Chicago Graduate School of Business, who said "It is one of the predictors for how well a student will do in studies at the GSB. The 80th percentile range of scores for the entering class is 640-760 (a broad range). A high score will not guarantee admissions; likewise, a low score will not preclude admission. It's just one piece of a complex puzzle."  

given which shows the percent of test takers who have scored lower than your score in the last three years period. 200 to 800 is the score range for Total whereas for Verbal and Quantitative, one can score between 0 to 60. Each question you answer will decide your scores. Both of these sections depicts the ability of a student in different constructs thus they can be compared and have independent value. Analytical Writing Assessment Score is based on the average score you achieved in two writing assessments: issue analysis and argument analysis. You can score between 0 to 6 in half-point intervals whose average then determines your score in this section. AWA score doesn’t affect rest of the three scores categories. AWA scores are important for business schools as they give them an idea about your thoughts and how well you can organize them to present in a piece of writing. 

For business schools these GMAT scores are quite useful because they are a reliable way to judge student’s skills and also because they provide a standard way to rate students and their abilities. It helps schools make comparison among the applicants. Keeping in view its importance in your admission in a good institute it is recommended to take test after preparation. You must start preparing for the test at least 3 to 6 months before test date so as to get good scores. After all, it’s the question of your future and career!