
Taking the GMAT can be one of the most dreaded parts of one’s journey of applying to a top MBA program.
The exam costs nearly $300 and takes over two hours to complete—not to mention months of studying and preparation. Of the nearly 600,000 individuals who took the GMAT between 2019 and 2024, the average score was about 550 out of 805. For context, the median score for fall 2023 entrants to schools on Fortune’s MBA ranking fell in the 78% percentile ranking of all test-takers.