Almost every school lists their average GMAT scores, but then also has a range (usually listed as 80%). I understand the average, but how should I interpret the 80% range. Does this mean that 80% of the people accepted scored in between that range, with the average being the average given? Example, if the average is 650 and the range is 600-700, I would assume people accepted scored in that range, but averaged 650. If this is true, when applying to a school, if I score below the average, but somewhere in the range, should I be competitive, assuming all other aspects of my application are strong?
Dear dubc1982,
Great question as these ranges can be confusing. Anytime a school posts class statistics such as GMAT/GPA averages or ranges, it is the statistics for the people who enrolled. The pool of accepted folks is usually larger, but the averages and ranges of the accepted pool is generally close to what the averages and ranges of the enrolled pool are. Thus the GMAT average is the exact numerical average of the enrolled students and the 80% range is the range of the mid 80% of the class. What that means is 10% of the enrolled folks had a GMAT score above that range and 10% of the enrolled folks had a GMAT score below that range. Likewise, if you see a 50% range, then that is the mid 50% range of the enrolled folks with 25% above the range and 25% below the range.
The mid-80% range would give you a good idea of what the school is looking for in their next classes GMAT scores. If you are below the average but in this range, then it is possible you will be invited to interview if the rest of your application is strong. Obviously, the closer to the average you are, the more competitive your application assuming all other components are strong. Being above the average is better, and being above the mid 80% range is ideal.
Regards,
Lisa
