Short Answer – The average GMAT score at ISB is 690 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee.
Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot;
“The higher your score, the better is it for your interview or admission chance.”
If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.
“What if you are from the over represented Indian or Asian Pool?”
The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.
The average salary at ISB for the last graduating class was 34 Lakh. 91% of the class was employed with 3 months of graduation with majority of class going into consulting (21%), Finance (23%) and technology (29%) oriented functional roles.
ISB has collaborations with over 50+ institutions for international inbound and outbound exchanges, portfolio models of international faculty, and study treks where students visit organisations at international locations and interact with key stakeholders, providing them with diverse opportunities for in-depth international exposure.
The Tuition fees for ISB PGP Pro Part time MBA is ₹ 24,57,000 and an additional ₹ 32,77,000 in living cost.
All applicants are considered for Merit scholarships by default. Each applicant will be eligible to receive only one of the tuition waivers.
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We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
GMAT / GRE Score
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
There is no specific minimum score required for the GMAT/GRE. Nevertheless, in the current class, the GMAT scores range from 530 to 780, while the GRE scores range from 319 to 330.
No, The Integrated Reasoning (IR) scores will not be considered for your application evaluation.
A TOEFL/IELTS score is required for non-Indian students who did not have English as the primary language of instruction during their undergraduate studies
ISB does not distinguish between fresh applicants and re-applicants when considering applications. If you fall into the category of re-applicants, it is important to emphasize your accomplishments since your previous application. Moreover, all reapplicants are eligible for a 50% waiver on the application fee.
1) Working Professionals: Last month’s salary slip.
2) If you wish to submit the variable/bonus component of CTC, merge the salary slip with an offer letter.
3) Entrepreneurs: Last 3 months’ bank statement, latest ITR filed.
4) Retired Parents: No proof of Income is required. Upload the retirement letter or self-declaration.