European International Business Schools ranked by Mean GMAT Score
Source: http://bwnt.businessweek.com
BusinessWeek Estimated total cost
Mean GMAT 2002 Non-U.S. % International of program (non- Expected Recommended
Rank University Country score rank Students resident) monthly rent annual budget
1 INSEAD F 700 1 93% $42,200 N/A $60,000
2 Oxford University UK 690 Next 20 N/A $35,850 $458 N/A
3 London Business School UK 687 4 83% $58,500 $900 $55,500
4 Instituto de Empresas E 675 Next 20 80% $33,130 $500 $20,000
5 IESE Business School E 670 8 62% $45,000 $420 $22,258
6 IMD CH 670 3 95% $50,000 $700 $23,000
7 SDA Bocconi I 670 - 42% $26,500 $1,000 $40,000
AUEB - Decision Sciences GR 643 N/A 22% $7,500 $300 $9,000
8 HEC - School of Management F 640 9 70% N/A $500 $30,000
9 ESSEC Business School - Paris F 640 - 18% $15,000 $300 $15,000
10 Cranfield School of Management UK 640 Next 20 63% $34,500 $600 $49,500
11 ESADE E 635 Next 20 79% $37,844 $498 $11,831
12 University of Cambridge UK 630 Next 20 87% N/A $140 $47,580
13 Erasmus University NL 630 7 96% $31,500 $600 $39,000
14 University of Warwick UK 620 - 58% $33,600 $800 $22,500
15 Manchester Business School UK 617 - 74% $42,000 $575 $13,500
16 City University (Cass) UK 616 - 62% $33,695 $862 $17,240
17 University College Dublin IRL 614 - 35% $13,800 $370 $28,500
18 Copenhagen Business School DK 600 - 70% $22,000 $430 $32,000
19 Trinity College (Dublin) IRL 600 - 65% $20,000 $1,000 $25,000
20 University of Bath UK 600 - 66% $26,240 $500 $9,000
21 ENPC F 600 - 75% $28,000 n/a $48,000
22 Strathclyde Business School UK 590 - 60% $22,700 $430 $9,940
23 Ecole de Management Lyon F 582 - 41% $25,000 $400 $33,400
24 University of Neinrode NL 580 - 83% $24,654 $493 $37,475
25 Helsinki School of Economics FI 557 - 55% $16,500 $500 $29,900
26 ESC Grenoble F 550 - 90% $15,000 $350 $24,000
Indicative List of US Business Schools ranked by Mean GMAT Score
Source: http://bwnt.businessweek.com
Estimated total cost
Mean GMAT BusinessWeek % International of program (non- Expected Recommended
Rank University score 2002 U.S. rank Students resident) monthly rent annual budget
1 Columbia University 711 7 28% $64,308 $1,350 $54,960
2 MIT - Sloan School 707 6 35% $64,940 $1,200 $56,470
3 Harvard University 705 3 32% $73,540 N/A $58,400
10 Yale 698 14 34% $60,730 $550 $47,637
20 Carnegie Mellon 672 19 23% $61,400 $600 $46,200
AUEB - Decision Sciences 643 NA 22% $7,500 $300 $9,000
30 Michigan State University 639 23 23% $40,500 $600 $32,810
Note: The above tables have been compiled by the Athens University of Economics & Business (AUEB), using data from Business
Week Online www.businessweek.com