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Ivey MBA GMAT Score: Average, Range & Waiver Options

From average scores to waivers—get all the 2025 admission insights in one place

ivey mba gmat

Key Takeaways:

• The ivey mba gmat average score is around 665, with most successful applicants scoring between 540 and 740+.
• GMAT waivers may be available in special cases based on academic and professional background.
• Ivey evaluates applications holistically, so a lower GMAT score can be offset by strong work experience, leadership, and career clarity.
• There is no minimum GMAT cut-off, but a very low score may require exceptional strengths in other areas.
• GMAT is just one part of the application; career progression and fit carry significant weight.

Ivey Business School in Canada is one of the top choices for students looking for a strong, practical MBA program. It’s known for its case-based learning and focus on real-world leadership. You're not alone if you're wondering about the Ivey MBA GMAT requirements. While a good GMAT score helps, it’s not the only thing that matters. In this blog, we’ll explain what GMAT score you need, if you can get a waiver, and how to improve your chances—whether your score is high.

What is the Average Ivey MBA GMAT Score?

ivey mba gmat

The average GMAT score for the Ivey MBA is around 665. Most students score between 540 and 740, so there's a wide range. For Indian applicants, the average is slightly higher—around 670—because the competition is tougher.

But a high GMAT isn’t everything. Ivey looks at your full profile—your work experience, leadership skills, and academics. They also accept GRE scores and might even give you a test waiver if you have qualifications like CFA Level II or CPA.

So, while a strong GMAT helps, it’s just one part of what Ivey looks for in applicants.

Detail Value
Average GMAT Score 665
GMAT Range (Middle 80%) 540 – 740
Average GMAT (Indian Students) 670
Average Age 29 years
Average Work Experience 5.5 years
Class Size 150 students
International Students 27%
Female Students 37.5%
Nationalities in Class 29

Preparing for the GMAT to Meet Ivey Standards

ivey mba gmat

To get a good Ivey MBA GMAT score, you need to prepare well. Here are some simple steps to help:

  • If you're applying to Ivey, try to aim for a GMAT score around 665 to 670. Indian students usually target the higher end because the competition is strong.
  • The Ivey MBA GMAT average gives you a good benchmark, but it’s just one part of your application.
  • First, get familiar with the GMAT format. Focus more on Quant and Verbal, since Ivey looks for good problem-solving skills.
  • If you're not from a math background, spend more time on Quant—it can really boost your score.
  • Most students prepare for about 3 to 4 months. Use GMAT prep books, online practice tests, or even a coaching class if you need extra help.
  • Try taking practice tests every week. They’ll help you get used to the timing and figure out where you’re stuck.
  • Ivey also accepts the GRE, and if you have something like CFA Level II or CPA, you might not need a test at all.
  • That said, a strong Ivey MBA GMAT score can give your application a nice edge—even if it’s not mandatory.
  • Set a schedule, stick to it, and work on your weak spots early. That’s the key to doing well.

Does Ivey Accept GRE Scores Instead of GMAT?

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.

GMAT Waivers: Eligibility and Application Process

If you're aiming for the Ivey MBA and don’t want to take the GMAT, there’s good news—Ivey does offer GMAT waivers for candidates with strong academic or work backgrounds. You may be eligible if you’ve done well in a quantitative degree like engineering, business, or math, or if you already hold a master’s degree. Also, if you’ve worked full-time for 5 or more years, especially in roles that involve problem-solving or leadership, you can apply for the waiver. The process is simple: just include a short request when you submit your online MBA application. Ivey will review your full profile before making a decision.

Who Can Get a GMAT Waiver at Ivey? Details
Strong academics High grades in a quantitative undergrad degree
Higher education Master’s degree or equivalent in a related field
Work experience 5+ years in leadership or data-focused roles
How to apply Add waiver request in your MBA application
What Ivey looks at Your full profile—academics, career, goals

How to Improve Chances With Low GMAT?

Worried about a low GMAT score? Don’t stress—many students still get into Ivey with a score that’s below average. The ivey mba gmat is just one part of your application. Here’s what you can do to boost your chances:

  • Talk about your work experience: Show how you've grown in your job and taken on more responsibility.
  • Be clear about your goals: Explain why you want an MBA, why Ivey, and what you hope to do next.
  • Pick strong recommenders: Ask people who really know your work and can speak honestly about your strengths.
  • Use the optional essay: If there’s a reason for your low score, explain it—but focus on what makes you a strong applicant.
  • Highlight your academic side: If you’ve done well in school or taken tough courses, let them know.

Ivey MBA Class Profile

ivey mba gmat

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 540 – 740 (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%)

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Conclusion

A competitive GMAT score can strengthen your application to the Ivey MBA program, but it’s not the only factor that matters. Ivey takes a holistic approach, considering your work experience, goals, and overall profile. Focus on preparing well for the GMAT while also highlighting your strengths across the rest of your application.

Ivey is one of the top MBA programs in Canada, and your GMAT is just one part of what can lead to a successful business career.

What GMAT score is required for Ivey MBA?

The Ivey program emphasizes strong analytical skills and the ability to solve problems and make decisions with limited information. A GMAT score (min. 600) or equivalent GRE score is recommended to showcase these abilities effectively.

Is it hard to get into Ivey MBA?

The Ivey MBA is quite competitive. It has an acceptance rate of roughly 8%.

What is the average salary for Ivey MBA?

$141,231 ((including base, signing bonus and other guaranteed compensation)

How many people apply to Ivey MBA?

With over 7,500 annual applicants vying for admission to Ivey, only 600-700 students are accepted. Renowned for its case method approach, Ivey stands out in business education.

Know Your Author
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Abhyank Srinet
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Study Abroad Expert

Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

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