Hello, I am wondering about what GMAT score I need to target for my best chance of getting scholarships. I am a Chinese female who is working in customer service and I want to do my MBA in the USA or the UK.
I would like to go to a ranked MBA program but I don't have a huge budget. That's why I would need to get a scholarship. Any suggestions about what score I need and which schools I should apply to would be very helpful.
GMAT score for scholarships
Posted Aug 09, 2016 10:25
I would like to go to a ranked MBA program but I don't have a huge budget. That's why I would need to get a scholarship. Any suggestions about what score I need and which schools I should apply to would be very helpful.
Posted Aug 19, 2016 13:28
It depends - which ranked schools are you looking at?
Usually, you should try to outscore the average GMAT substantially if you want to get scholarships. If a MBA program has an average GMAT score of 640, if you score a 740 you'd be in a much better position to get a decent scholarship.
But nothing is given, an especially at the top schools, scholarships are rare.
Usually, you should try to outscore the average GMAT substantially if you want to get scholarships. If a MBA program has an average GMAT score of 640, if you score a 740 you'd be in a much better position to get a decent scholarship.
But nothing is given, an especially at the top schools, scholarships are rare.
Posted Aug 19, 2016 17:28
It is indeed hard to get a scholarship at top schools unless you are cream of the crop academically and socially. The reality is that MBA from top schools are expensive and scholarships are rare. Top MBAs are normally for people who are both wealthy and smart, something like a VIP access pass to put it bluntly. I also won't suggest to take the risk to borrow to study or go to a lower ranked business school.
Good luck!
Good luck!
Posted Aug 20, 2016 04:50
@yipkc
you said
"I also won't suggest to take the risk to borrow to study or go to a lower ranked business school. "
what can do if not take risk of borrow,, if someone have not sufficient money to study MBA?
you said
"I also won't suggest to take the risk to borrow to study or go to a lower ranked business school. "
what can do if not take risk of borrow,, if someone have not sufficient money to study MBA?
Posted Aug 20, 2016 18:45
@yipkc
you said
"I also won't suggest to take the risk to borrow to study or go to a lower ranked business school. "
what can do if not take risk of borrow,, if someone have not sufficient money to study MBA?
Then don't do it. What's the point of doing an MBA if it cannot achieve your goal? Mind you, even a lower ranked MBA can cost a fortune already.
you said
"I also won't suggest to take the risk to borrow to study or go to a lower ranked business school. "
what can do if not take risk of borrow,, if someone have not sufficient money to study MBA?
[/quote]
Then don't do it. What's the point of doing an MBA if it cannot achieve your goal? Mind you, even a lower ranked MBA can cost a fortune already.
Posted Aug 22, 2016 13:46
Or take another year (or two years) to save. There are also organizations that provide loans to international students who pursue an MBA. Check out Prodigy Finance, for example.
Posted Aug 24, 2016 12:51
It depends - which ranked schools are you looking at?
Usually, you should try to outscore the average GMAT substantially if you want to get scholarships. If a MBA program has an average GMAT score of 640, if you score a 740 you'd be in a much better position to get a decent scholarship.
But nothing is given, an especially at the top schools, scholarships are rare.
...thanks. I'm looking at studying in the USA at Carnegie Mellon, BYU, Georgetown, or the University of Maryland. In the UK I am looking at Cranfield and Imperial. Do you think that since I am female I have a better chance than if I was male?
[Edited by Sandra Dal on Aug 24, 2016]
Usually, you should try to outscore the average GMAT substantially if you want to get scholarships. If a MBA program has an average GMAT score of 640, if you score a 740 you'd be in a much better position to get a decent scholarship.
But nothing is given, an especially at the top schools, scholarships are rare.[/quote]
...thanks. I'm looking at studying in the USA at Carnegie Mellon, BYU, Georgetown, or the University of Maryland. In the UK I am looking at Cranfield and Imperial. Do you think that since I am female I have a better chance than if I was male?
Related Business Schools
Other Related Content
Book One-to-One Sessions with Imperial College Business School Recruiters
News Aug 23, 2023
Is My GMAT Score Good Enough?
Article Aug 15, 2016
What the GMAT score means to MBA admissions teams and how to make the grade
Top 10 MBA Programs for Scholarships
Top List
An MBA is a massive financial investment, though the returns can be even bigger than tuition fees. Happily, business schools are going to great lengths to offer financial aid to their students. See the top 10 MBA programs for scholarships here.
Hot Discussions
-
GMAT Tiers - strong schools for your GMAT
Sep 04, 2023 127,025 185 -
ESADE vs HHL vs IE MBA
Sep 06, 2023 234 11 -
Level 7 Apprenticeship
Sep 15, 2023 244 10 -
EMBA Programs
Sep 03, 2023 167 9 -
Opinions on the Arab Open University MBA program offering a dual degree with the Open University UK?
Sep 03, 2023 84 9 -
Gies vs Heriot watt vs Liverpool vs Bradford for Online MBA
9 hours ago 104 9 -
Liverpool John Moores (Online via UNICAF) vs. German University in Cairo (GUC) MBA: Seeking Feedback
Aug 29, 2023 144 5 -
Need help shortlisting schools!
Sep 04, 2023 96 5