Table of Contents
Key Takeaways:
- Ivey MBA's average GMAT score is 665, with a middle 80% range of 540 - 740.
- The school considers GMAT scores valid for 5 years from the test date.
- Ivey accepts both GMAT and GRE scores for MBA admissions.
- A strong GMAT score can offset weaker areas in your application, such as GPA.
- Ivey looks at applications holistically, considering work experience, leadership potential, and academic background alongside GMAT scores.
Considering the Ivey MBA GMAT requirements? You're in the right place. The Ivey Business School, renowned for its case-based learning approach, sets high standards for its MBA program. While the GMAT is a crucial component of your application, it's not the only factor that determines your admission. This comprehensive guide will walk you through everything you need to know about the Ivey MBA GMAT expectations, preparation strategies, and how to make your application stand out beyond just test scores.
Ivey MBA GMAT: Average & Year- On-Year Trends
According to the school's website, the average Ivey MBA program GMAT score for the Class of 2025 is 665, while the range is 540 - 740. It is crucial to remember, however, that this statistic is an average, and the range of results for admitted students can vary greatly.
Understanding the year-on-year trends of GMAT scores for Ivey MBA applicants can provide valuable insights for prospective students. Through these trends, you are enabled to know how competitive the applicant pool is, what the admissions committee expects and where your GMAT score stands against past cohorts.
This can be useful because it will enable you to get ready for applications better and prepare a study plan that suits you best. Observe the illustration below, which shows GMAT score trends over the years.
How Does Ivey Use GMAT Scores in Admissions?
Ivey Business School takes a comprehensive approach to admissions, taking into account characteristics other than the GMAT score. In addition to the GMAT, the school considers applicants' undergraduate academic records, employment experience, essays, and references.
Ivey also looks for people with leadership potential, a global vision, and a true passion for business. As a result, while a high GMAT score is crucial, it is only one piece of the picture.
Ivey Business School GRE: An Alternate to Ivey MBA GMAT
Ivey's MBA program accepts both GMAT and GRE scores. They consider unofficial scores during the admissions process, but official score reports are needed if you receive an admission offer. Accepted candidates typically have GMAT scores starting from around 550. GMAT or GRE standardised tests are only one part of the application that is considered by the admissions committee.
When you designate Ivey (for GMAT: code CMB-MG-18, for GRE: code 0292), they will receive your score electronically.
- Ivey Business School's MBA program requires official GMAT or GRE scores for admission decisions.
- Accepted GMAT or GRE scores must be from tests taken within the past five years.
- In lieu of GMAT or GRE scores, competitive LSAT or MCAT scores from the past five years are also considered.
- When submitting an LSAT or MCAT score, do not include this information on the online application. Instead, send a copy of the official LSAT or MCAT score report directly to Ivey Business School.
How to Prepare for GMAT
To optimize your GMAT performance, adequate preparation is key. Here are some tips to help you prepare effectively:
Step 1
Enroll in a GMAT prep course
- Explore various GMAT preparation courses online and in person.
- Look for courses offering study materials, practice tests, and expert guidance.
- Seek out reviews and testimonials to gauge the effectiveness of different prep options.
- Choose a course that aligns with your learning style and schedule.
Step 2
Create a study schedule
- Set aside dedicated time for studying and practicing.
- Create a study schedule aligned with your daily routine.
- Allocate specific time slots for each section of the GMAT.
- Ensure your schedule allows for focused attention on study material.
- Stick to your study schedule consistently to maximize preparation effectiveness.
Step 3
Take practice tests
- Regularly practice GMAT tests to assess strengths and weaknesses.
- Use practice tests to simulate the real GMAT exam experience.
- Familiarize yourself with the format and timing of the test through practice.
- Identify areas needing improvement based on practice test results.
- Utilize practice tests as a tool for ongoing preparation and refinement.
Recommended Study Plans & Resources
- Regularly taking practice tests before the actual GMAT is crucial for gaining an edge over other candidates. It provides a head start and enhances your readiness for the exam. Here are some top online and offline tools for GMAT preparation:
- Official GMAT Website (mba.com)
- GMATPrep Software
- Magoosh GMAT
- Economist GMAT
- Prep 4 GMAT
Average GMAT for Indian Students in Ivey for MBA
Indian students make up a sizable share of the candidate pool for elite business schools such as Ivey. According to the most recent data available, the average Ivey MBA GMAT score for Indian candidates admitted to the Ivey MBA program is 670. Although the gap may appear insignificant, competition for admission to prestigious business schools is severe.
A better Ivey MBA GMAT score can greatly boost your candidature, but keep in mind that GMAT scores are only one component of Ivey's comprehensive admissions process.
Ivey MBA Class Profile
At Ivey, diversity is a major value, and the MBA class profile reflects that dedication. With students from 29 different countries, the programme promotes a multicultural and inclusive learning environment. This diversity brings together diverse viewpoints, cultural insights, and a global attitude, boosting everyone's educational experience.
| Category | Details |
|---|---|
| Average GMAT | 530 - 760 (Range) |
| Class Size | 146 |
| Average Age | 29 years |
| Female Students | 35% |
| International Students | 35% |
| Nationalities Represented | 29 |
| Fees | $141,231 (Average total compensation including base salary, signing bonus, and other guaranteed compensation) |
| Average Salary | $124,992 (Average base salary) |
| Work Experience Required | 5.5 years (Average) |
| Pre-MBA Industries | Finance/Insurance (18%) Technology (10%) Consulting (9%) Not-for-Profit/Government (6%) Healthcare (5%) Accounting (5%) Energy/Utilities (4%) Wholesale/Retail (4%) Manufacturing (4%) Engineering (4%) Consumer Packaged Goods (3%) Other (28%) |
| Pre-MBA Role | Consulting/Corporate Strategy (55%) Finance (16%) Leadership Development/Rotational Program (9%) Sales/Business Development (5%) General Management (4%) Marketing (4%) Product Management (3%) Operations/Logistics (2%) Other* (1%) |
Ivey MBA Student Profiles
1. Aarav
Education: Bachelor of Commerce from a renowned Indian university, specializing in finance and accounting.
Pre-MBA Industry: Financial Services.
Pre-MBA Role: Financial Analyst at a leading investment bank, responsible for conducting market research, financial modeling, and assisting in investment decision-making.
Extracurriculars: Aarav actively participates in various finance-related clubs and organizations. He has organized financial literacy workshops for underprivileged communities and volunteered as a mentor for aspiring finance professionals.
2. Riya
Education: Bachelor of Engineering in Computer Science from a prestigious Indian institute
Pre-MBA Industry: Technology
Pre-MBA Role: Software Engineer at a multinational technology company, contributing to software development projects and collaborating with cross-functional teams
Extracurriculars: Riya is passionate about promoting diversity and inclusion in the tech industry. She has served as a mentor for women in technology and volunteered at coding boot camps for students from underrepresented backgrounds.
3. Sanjay
Education: Bachelor of Business Administration from a top Indian business school
Pre-MBA Industry: Consulting
Pre-MBA Role: Management Consultant at a global consulting firm, advising clients on business strategy, operational efficiency, and market entry strategies
Extracurriculars: Sanjay is actively involved in community service initiatives. He has volunteered with NGOs, organizing skill development programs for marginalized communities and participating in environmental sustainability projects.
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Conclusion
A competitive GMAT score is required for admission to the Ivey MBA program. However, it is critical to understand that Ivey takes a holistic approach, taking into account variables other than the GMAT. You can increase your chances of acceptance to the prestigious Ivey MBA program by thoroughly preparing for the exam, emphasizing other elements of your application, and displaying your ability.
Ivey MBA is one of the renowned MBA colleges in Canada. Remember that your GMAT score is only one piece of the puzzle that is your path to a successful corporate career.
