What is the average GMAT score of top MBA colleges for finance?

Asked by A.D Singh about 2 months ago

4 Answers
Jayant M

Jayant M

Software Developer

The average GMAT score at top MBA colleges for finance usually falls between 700 and 730. These schools are highly selective and finance is one of the most competitive post-MBA careers, so the score range reflects that.

At Wharton, the Class of 2025 had an average GMAT score of 728. Wharton is known globally for its finance program and regularly places students into top investment banks and private equity firms.

Similarly at Chicago Booth and Columbia Business School  they both report a high average GMAT score of 729. These schools are also top choices for finance careers, with strong course offerings and frequent hiring from major financial firms.

For international options, INSEAD has an average GMAT of around 710, and London Business School reports a GMAT average of about 700. Both programs are popular among candidates targeting finance roles in Europe and Asia.


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Top MBA programs known for finance typically look for GMAT scores in the low 730s. Schools like Wharton, Columbia, and NYU Stern average around 732–733.

That said, scoring slightly below that range doesn’t automatically mean rejection. Strong work experience in finance, solid undergrad GPA (especially in quant-heavy courses), and a clear post-MBA goal can help balance a lower score.

Applicants targeting finance roles often face tougher competition because many candidates come from investment banking or consulting. So standing out with a unique deal experience, CFA level completion, or relevant internships can add weight beyond the GMAT.

Also, some schools offer GMAT waivers or look at GRE scores if that plays better to someone’s strengths. But for finance-heavy programs, a solid GMAT score still carries weight — especially if applying straight from a non-finance background.


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Aarushi S

Aarushi S

Digital Marketer

Finance-focused MBA programs usually attract applicants with strong quant skills, so the average GMAT scores are on the higher end.

• NYU Stern leads with a 733 average — not surprising given its finance reputation and Wall Street proximity.
• Wharton and Columbia are both at 732, with a long track record of placing grads into top banks and PE firms.
• Booth sits at 729, and MIT Sloan at 730 — both competitive, especially for asset management and fintech roles.
• These averages mean the middle 80% range is even broader, so scoring in the 720s can still keep chances realistic.

One thing many overlook — finance schools pay close attention to quant subscores. A 730 with a weak quant section may hurt more than a 710 with strong quant and a CFA Level I pass. 

 For more details, you can read this blog on "Top 10 Best MBA Colleges for Finance"


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kritika K

kritika K

Content Writer

You’ll usually see GMAT scores between 700 and 730 at top MBA colleges that place well in finance. These schools are competitive and attract strong applicants, especially those aiming for investment banking, private equity, and similar roles.

At Wharton, the average GMAT score for the Class of 2025 is 728, according to the school website. Finance is one of the most popular tracks here, and recruiters like Goldman Sachs and BlackRock are regular visitors.
 

When it comes to Chicago Booth and Columbia Business School they also report an average GMAT score of 729. Both are strong in finance, with solid placements in M&A, asset management, and hedge funds. These schools also have deep alumni connections in the finance world.
 

Outside the U.S., INSEAD shows an average GMAT score of about 710, while London Business School reports an average around 700. Both programs are known for global finance placements, especially in Europe and Asia.

 


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