A score of less than 700 does not rule you out of attending a top business school, nor does a score of more than 700 ensure admission. The GMAT exam is one element that influences your acceptance to a top business school. While a good GMAT score is vital, you should also improve your profile and application documents. Business schools typically check for a comprehensive profile that includes professional experience, community involvement, extracurricular activities, and so on. Furthermore, your application documents are equally significant in your MBA or MIM admissions.