GRADUATE MANAGEMENT ADMISSION TEST(GMAT) is an examination taken by students for MASTERS IN BUSINESS ADMINISTRATION (MBA). The number of students taking GMAT has increased by 16.8% in the past few years. As compared to the number of students taking the examination, the number of MBA university programmes abroad are lesser. To summarize, the competition for good MBA colleges is boundless. It is very essential to have a target score in mind while preparing for GMAT to get in a reputed MBA college. Let me make it a little easier for you to choose a good MBA college that fits your score.
This is a list of top 10 colleges you should be aiming for:
1.THE WHARTON SCHOOL AT THE UNIVERSITY OF PENNSYLVANIA.
SCORE REQUIREMENT-700+
ABOUT WHARTON:
LOCATION: The Wharton School of the University of Pennsylvania is the business school, a private IVY league university in Philadelphia, Pennsylvania.
DURATION: The school offers two paths, an MBA for full-time students and an MBA for executives. The full-time course lasts for 20 months, including a 3.5-month summer internship. For an executive MBA, the length of the program is 24 months.
WORK EXPERIENCE: A work experience is not mandatory to apply in Wharton.
2.STANFORD BUSINESS SCHOOL, US.
SCORE REQUIREMENT-700+
ABOUT STANFORD:
LOCATION: Average GMAT score needed: The Stanford Graduate School of Business (also known as Stanford GSB or GSB) is the graduate business school of Stanford University in Stanford, California.
DURATION: The Stanford MBA Program is a Full-time i.e. a 21-month program consisting of 6 academic quarters with 416 students per class of which 40% are foreign students, 40% are women and 20% are ethnic minorities.
WORK EXPERIENCE: A 4-year work experience is a pre-requirement.
3.HARVARD BUSINESS SCHOOL, HARVARD UNIVERSITY, US.
SCORE REQUIREMENT-700+
ABOUT HARVARD:
LOCATION: Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts.
DURATION: Harvard Business School’s MBA program lasts two years, with students using the summer break between the first and second year to complete an internship.
WORK EXPERIENCE: Work experience is not required Harvard Business School looks for candidates who have shown excellent leadership and analytical skills during their bachelor’s degree through various extracurricular activities.
4.LONDON BUSINESS SCHOOL, UK.
SCORE REQUIREMENT:600+
ABOUT LONDON BUSINESS SCHOOL:
LOCATION: London Business School (LBS) is a business school and a constituent college of the federal University of London.
DURATION: The school’s flagship programme is its full-time 15–21 month MBA degree. The school offers four Executive (part-time) MBA degrees, which are completed in 16–20 months.
WORK EXPERIENCE: At an academic level, the school offers the same degree to both Executive (part-time) and full-time MBA students. Work experience of at least 1 year is required.
5.MIT SLOAN SCHOOL OF MANAGEMENT, USA.
SCORE REQUIREMENT:650+
ABOUT MIT SLOAN SCHOOL OF MANAGEMENT:
LOCATION: The MIT Sloan School of Management (also known as MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts, United States.
DURATION: The two-year MBA program consists of four semesters, and each semester is divided into halves by the week-long SloanInnovation Period, during which students get a chance for experiential learning.
WORK EXPERIENCE: Work experience is not required for admission, although students have an average of 5 years of work experience and having work experience can help leverage the opportunities at MIT Sloan. If you do not have work experience, you might consider their MBA Early Admission process.
6.INSEAD, PARIS
SCORE REQUIREMENT-650+
ABOUT INSEAD PARIS:
LOCATION: INSEAD is a graduate business school with campuses in Europe, Asia, Middle East. The main campus of the university is located in France.
DURATION: INSEAD offers two MBA schedules per year: one starting in September which takes ten months to complete, and a 12-month promotion starting in January for students who want to complete a summer internship. For an executive MBA, the programmes offer an intensive 14–17-month course.
WORK EXPERIENCE: It is not a compulsion but candidates should have at least 2 years of work experience.
7.HEC PARIS.
SCORE REQUIREMENT:680+
ABOUT HEC PARIS
LOCATION: HEC Paris (French: École des hautes études commerciales de Paris) is an international business school located in Jouy-en-josas, France.
DURATION: For the full-time MBA program, the duration of the course is 16 months while the executive MBA lasts for 15-18 months.
WORK EXPERIENCE: In general, a good western MBA program will expect you to have some work experience, and HEC Paris is no exception.
8.UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS, USA.
SCORE REQUIREMENT-700+
ABOUT UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS:
LOCATION: The University of Chicago Booth School of Business (also known as Chicago Booth, or Booth) is the graduate business school of the University of Chicago in Chicago, Illinois.
DURATION: Chicago Booth offers Full-time, Part-time (Evening and Weekend) and Executive MBA programs. The duration of the full-time MBA program is 21 months. The Evening and Weekend Programs allow students to continue working—in Chicago or around the United States—while getting an MBA. Flexible pace: 2.5–3 years on average, up to five years to complete. The duration of the executive MBA program is 21 months.
WORK EXPERIENCE: Work experience is not a compulsion,however, it is strongly suggested to have work experience prior to applying.
9.IE BUSINESS SCHOOL, SPAIN.
SCORE REQUIREMENT:650+
ABOUT IE BUSINESS SCHOOL:
LOCATION: IE Business School is a graduate and undergraduate school of business located in Madrid, Spain.
DURATION: Duration of the full-time MBA program is 12 months while the executive MBA program is a 15 months course.
WORK EXPERIENCE: Work experience is not required for the full-time MBA program while it is required for the executive MBA program.
10. COLUMBIA BUSINESS SCHOOL, Columbia University, USA.
SCORE REQUIREMENT:700+
ABOUT COLUMBIA BUSINESS SCHOOL:
LOCATION: Columbia Business School (CBS) is the business school of Columbia University in New York in Manhattan.
DURATION: The Executive MBA (EMBA) Friday/Saturday Program is a 20-month graduate program designed for individuals that are looking to enhance their education without interrupting their careers.Whereas the full-time MBA program is a 2 year-long course.
WORK EXPERIENCE: A work experience of at least 3 years is required for both the MBA programs.
