Short Answer – The average GMAT score at Skema is 700 for the last entering class. If you score above 700, 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 SKEMA for the last graduating class was €70,000. 97% of the class was employed within 6 months of graduation, with most of the class going into consulting, Finance, and technology-oriented functional roles.
An MSc in Financial Markets and Investments benefits the applicant from their wealth of network opportunities. With a €155,000 average salary after three years, SKEMA provides a network of various companies that recruit SKEMA graduates. Also, the teaching is provided by a subtle mix of prestigious practitioners and our international faculty members who have both strong academic and professional experience.
The Tuition fee for SKEMA is € 25,000 for 1 year and €42,000 for a two-year program and an additional € 27,000 in living costs.
For many years now, SKEMA has been committed to enabling the most talented international students to pursue their studies within their business school. There are various scholarships for students such as CROUS Scholarship etc.
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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.
Admission requirements to enter MSc specialisation:
– A four-year bachelor’s degree
Admission requirements for the Two-Year MSc:
– A three-year bachelor’s degree
English-language test required for all students
TOEFL: 530; TOEFL IBT: 71, TOEIC: 810; IELTS: 6
The master’s admissions process consists of an examination of your application documents by a jury. The selection committee examines the application taking into account the candidate’s qualifications and professional experience. If the application is judged satisfactory, candidates have a one-to-one interview with the programme director. For applicants who don’t live in France or near a SKEMA Business School campus, you will be contacted for a phone or Skype interview with the director of the relevant programme
No, you don’t necessarily need to have professional experience. It is better to have some, but it is not required. You should mention any professional experience in your application as that will be to your advantage when applying. Students in employment are welcome to apply to our mastères spécialisés.