• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
We have independently evaluated the products and services below. We may earn affiliate revenue from links in the content.
Right Arrow Button IconLeft Arrow Button Iconeducation
Right Arrow Button IconLeft Arrow Button IconBusiness
Right Arrow Button IconThis student got a perfect score on the GMAT. Here’s how she did it

How to get a perfect GMAT score, from someone who did

By
Preston ForePreston Fore
Preston ForePreston Fore
and
Jasmine SuarezJasmine Suarez
Jasmine SuarezJasmine Suarez
By
Preston ForePreston Fore
Preston ForePreston Fore
and
Jasmine SuarezJasmine Suarez
Jasmine SuarezJasmine Suarez
October 16, 2024 at 7:21 PM UTC
Julia Shackelford headhsot on a yellow frame.
Illustration by Fortune; original image from Julia Shackelford

Taking the GMAT can be one of the most dreaded parts of one’s journey of applying to a top MBA program. 

The exam costs nearly $300 and takes over two hours to complete—not to mention months of studying and preparation. Of the nearly 600,000 individuals who took the GMAT between 2019 and 2024, the average score was about 550 out of 805. For context, the median score for fall 2023 entrants to schools on Fortune’s MBA ranking fell in the 78% percentile ranking of all test-takers.

Advertisement

UNC Kenan-Flagler’s top-ranked online MBA

STEM-designated. Tar Heel ROI. No compromises.

UNC Kenan-Flagler’s top-ranked online MBA is designed for experienced professionals looking to take their career to the next level. Students have access to lifelong career benefits and a global network of 51,000+ business school alumni. Earn your MBA online in as few as 18 months or up to three years. MBA Fellowships Available.

Learn More
UNC Kenan-Flagler’s top-ranked online MBA
Learn More

Only a few dozen test takers have ever scored a perfect score.

But Julia Shackelford is one of them.

“It was very surreal,” Shackelford tells Fortune of when she first saw their 805 score. Their initial thought was it had to be an error. However, Shackelford had just spent 10 arduous months preparing for the graduate business admissions exam—and it had paid off.

Shackelford, who earned a bachelor’s in finance from the University of Arkansas about a decade ago, decided last year it was time for a career upgrade after years working in consumer lending at a local Arkansas credit union. She had an interest in international business and moving abroad, so pursuing an MBA became her plan.

How long should you study to get a perfect GMAT score?

Shackelford expected to be able to study for a few weeks and be ready to take the GMAT, but she quickly realized that her short timeline was too ambitious for someone also working full-time.

Instead, for the next 10 months, Shackelford spent her weekends and evenings strategically studying for the GMAT. She utilized free and paid resources from websites like MBA.com and Target Test Prep. She created a study plan with the highest target score in mind—which enabled her to conduct in-depth preparation for all three GMAT sections: quantitive reasoning, verbal reasoning, and data insights.

Shackelford also took all six MBA official practice exams that are available with retired questions and later reviewed all of her answers with the correct ones.

What is the best advice to get a perfect GMAT score?

Their overarching advice, she admits is “not sexy” but is simple: “study a lot and really over-prepare.” 

“I was pretty anxious and over-preparing was important to me because I really didn’t want to have to take the test twice,” Shackelford tells Fortune—adding that for over-preparers like her, it is important to not to forget to exercise, sleep, and drink enough water.

“Give yourself plenty of time, but also take care of yourself,” Shackelford adds.

The typical GMAT test-taker is in their late 20s, but Shackelford says even those who haven’t taken a standardized test in many years can do well if they put in the time. Those studying may have to give up their traditional weekends or evening plans in exchange for staying home and studying.

Pro tip

Most schools that accept and/or require GMAT scores will accept GRE scores as well—and they tend to not prefer one over the other. So, if you struggle with the GMAT or prefer a more generalized graduate-level examination, explore taking the GRE.

Ultimately while one’s GMAT score is only part of one’s application into business school, with admissions counselors considering all parts of one’s application, including essay responses, resume, and professional references, getting a perfect score is very likely to boost one’s application and help it stick out.

Shackelford applied to three schools—the University of Chicago (Booth), London Business School, and Copenhagen Business School—and is waiting to hear back. If all goes well, Shackelford could soon be among the new graduates of Booth earning median annual salaries of $180,000.

Clarification: This article was updated to reflect changes in the GMAT scoring scale, as the test was updated to a new version in 2023.

Advertisement

The Online MBA From Rice Business

Rethink Your Approach to Business

GMAT waivers are available for the online MBA from Rice Business, ranked a Top-20 Online MBA by U.S. News & World Report. Ranked #1 in graduate entrepreneurship in the U.S. by the Princeton Review for 2024, aspiring entrepreneurs can earn their MBA in as few as 24 months.

Learn More
The Online MBA From Rice Business
Learn More

About the Contributors

Preston Fore
By Preston ForeStaff Writer, Education
LinkedIn iconTwitter icon

Preston Fore is a reporter at Fortune, covering education and personal finance for the Success team.

See full bioRight Arrow Button Icon
Jasmine Suarez
Reviewed By Jasmine SuarezSenior Staff Editor
LinkedIn iconTwitter icon

Jasmine Suarez was a senior editor at Fortune where she leads coverage for careers, education and finance. In the past, she’s worked for Business Insider, Adweek, Red Ventures, McGraw-Hill, Pearson, and more. 

See full bioRight Arrow Button Icon
Top Articles
Popular image
10 free data analytics courses you can take online
ByRich GrisetApril 18, 2024
Popular image
2024 real estate school review: AceableAgent
ByPreston ForeJune 24, 2024
Popular image
Northwestern, Columbia, and UPenn have the best EMBA programs in the country. Here's why
ByPreston ForeJuly 22, 2024
Advertisement

UNC Kenan-Flagler’s top-ranked online MBA

STEM-designated. Tar Heel ROI. No compromises.

UNC Kenan-Flagler’s top-ranked online MBA is designed for experienced professionals looking to take their career to the next level. Students have access to lifelong career benefits and a global network of 51,000+ business school alumni. Earn your MBA online in as few as 18 months or up to three years. MBA Fellowships Available.

Visit Website
UNC Kenan-Flagler’s top-ranked online MBA
Visit Website
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • Ceo Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.