The GMAT exam is a computer-based adaptive test that assesses candidates' analytical, quantitative, verbal and reading writing in standard written English. The cost of taking the GMAT exam is US $ 250. This test is taken for admission to a graduate management program such as MBA and Master of Finance related courses at top business schools around the world. In this article, we'll tell you about each and every GMAT-related aspect that the GAMT record covers in the GMAT exam structure and more:
- GMAT registration
- GMAT scholarships
- Tips for GMAT Preparation
- GMAT program
- GMAT results and scores
Since April 16, 2018, the Graduate Management Admission Council has shortened the GMAT exam by 30 minutes. Now the exam is 3 hours and 30 minutes, including exam instructions and breaks. The Verbal and Quantitative Reasoning sections were shortened by 13 and 10 minutes respectively. The Integrated Assessment of Reasoning and Analytical Writing along with the Score Preview and optional rest time remained the same. These changes have no impact on scoring in the abbreviated Verbal and Quantitative Reasoning sections as GMAC has only removed items without scoring. GMAT has a feature that gives candidates the flexibility to customize their GMAT experience by choosing the section order in which they are most comfortable taking the exam.
The GMAT exam is a computer-based adaptive test that assesses candidates' analytical, quantitative, verbal, and reading writing in standard written English. The cost of taking the GMAT exam is US $ 250. This test is taken for admission to a graduate program in management, such as MBA and Master of Finance related courses at top business schools around the world.
In this article, we'll tell you about each and every GMAT-related aspect that the GAMT record covers in the GMAT exam structure and more:
Tips for GMAT Preparation
GMAT results and scores
Since April 16, 2018, the Graduate Management Admission Council has shortened the GMAT exam by 30 minutes. Now the exam is 3 hours and 30 minutes, including exam instructions and breaks. The Verbal and Quantitative Reasoning sections were shortened by 13 and 10 minutes respectively. The Integrated Assessment of Reasoning and Analytical Writing along with the Scoring Preview and optional rest time remained the same. These changes have no impact on scoring in the abbreviated Verbal and Quantitative Reasoning sections as GMAC has only removed items without scoring. GMAT has a feature that gives candidates the flexibility to personalize their GMAT experience by choosing the section order in which they are most comfortable taking the exam.
Recent updates in GMAT
CORONAVIRUS / Covid-19 ALERT: Beginning June 11, candidates taking the GMAT exam online will be able to choose from whiteboard, physical, or online options. GMAC also announced a commitment to keep GMAT exams available online during the COVID-19 pandemic and opened additional online testing appointments for the GMAT exam until July 17. With the uncertainty that remains in the availability of the test center, GMAC will continue to open more equipment.
As needed and continues to waive rescheduling and cancellation fees for online and test center exams to provide more flexibility for examinees. Due to the COVID-19 pandemic, GMAC has to suspend the examination of candidates based on the GMAT test center, as several countries around the world have imposed restrictions on the movement of citizens. On April 15, 2020, GMAC (Graduate Management Admission Council), administrator of the Graduate Management Admission Test (GMAT), announced the launch of the GMAT Online exam.
Why take the GMAT exam?
It is the most accepted MBA entrance exam in the world. No other exam is as widely accepted as GMAT, according to GMAC, globally, 9 out of 10 MBA registrations are done through the GMAT Score. Additionally, more than 2,300 schools accept GMAT scores for admission. In addition, there are 650 testing centers in 114 countries that administer the GMAT exam.
GMAT 2021: Key Highlights
GMAT full form
Graduate Management Admission Test
Most popular for
MBA courses outside India
Also accepted for
MS courses outside India
MBA courses in India
GMAC (Graduate Management Admission Council)
Mode of Exam
Computer-based adaptive test
US $250 (INR 18,700 approx)
Min 200, Max 800
+91 120-439-7830, 9 a.m. to 6 p.m. Indian Standard Time
Email: GMATCandidateServicesAPAC@ pearson.com https://www.mba.com/service/contact-us.aspx
What are the eligibility criteria for the GMAT exam?
As such, there is no eligibility criteria set by GMAC, the body that conducts the GMAT for taking the GMAT exam. However, one must always meet the eligibility criteria established by the university / college one is seeking to enter after taking the GMAT.
- The candidate must have attained 18 years of age.
- There is no upper age limit for the candidate.
- If the candidate is between 13 and 17 years old, they must have written permission from their parents or legal guardian.
- GMAC has not announced any official statement regarding the qualification required to appear for GMAT
- Candidates who wish to enroll in an MBA program must possess a graduate degree in any discipline from a recognized university
GMAT exam fee: How much does the exam cost?
The application fee for the GMAT exam is $ 250, which would translate to roughly INR 18,700. Also, if applicants wish to change centers or reschedule the test, they will be charged an additional fee. Candidates not taking the test will be charged a full GMAT exam fee.
GMAT Cancellation Fee: If you cancel the exam 1 to 14 days before the exam date, you will be charged $ 200 and reimbursed $ 50. If you cancel the exam 15 to 60 days before the appointment, you will be charged you will charge $ 175 and you will be reimbursed $ 75. And if you cancel the trial more than 60 days before the appointment, you will be charged $ 150 and you will receive $ 100 as a refund. Additionally, the trial appointment cannot be canceled or changed within 24 hours of the scheduled time and trial.
GMAT rescheduling fee: If you reschedule the exam 1-14 days prior to the exam date, you must pay US $ 150 Also, if you reschedule the exam between 15 and 60 days before the appointment, you will have to pay US $ 100. If you reschedule the exam more than 60 days before the exam date, you will have to pay US $ 50.
How to register for GMAT?
According to GMAC, you can register for the GMAT exam 6 months before the Graduate Management Admission Test date or 24 hours before the GMAT exam date, however space is not available at the last minute. Therefore, it is suggested to reserve your preferred location well in advance of the scheduled exam date.
Ways to register for GMAT:
- Postal mail
GMAT exam dates
There are no fixed official GMAT dates, you can choose any date based on your convenience and availability. In case you need to retake the GMAT exam, you can do it after 16 days. You can take or retake the GMAT exam every 16 days. You can take the exam a maximum of five times a year. Ideally, candidates are encouraged to register two to three months prior to the exam date. If you register online or by phone, you can register up to 24 hours before the exam date. But it's safer to stick with early registration, as you will have a set schedule later to prepare for the exam accordingly. Even coaching institutes recommend that you sign up as soon as possible so that you have a wide window of time to prepare.
GMAT exam program
GMAT is a three and a half hour test with a maximum score of 800 points. The GMAT tests the candidate's skills on various parameters. Additionally, the GMAT exam has four sections:
- Analytical Writing Assessment: measures candidates' ability to think critically and communicate their ideas.
- Integrated Reasoning - Measures candidates' ability to analyze data and evaluate information presented in multiple formats.
- Quantitative Reasoning: Measures applicants' ability to analyze data and draw conclusions using reasoning skills.
- Verbal reasoning: measures candidates' ability to read and understand written material, evaluate arguments, and correct written material to conform to standard written English.
When is the GMAT result available?
Candidates receive almost all of the GMAT Score Report right after completing the GMAT test, except for the AWA score. The candidate will have the option to accept or reject it. In the case of accepting the result, the candidate and the election institutes can visualize the result; but if the candidate rejects the result, neither party will be able to see the GMAT result. Upon completion of the exam, candidates can download the unofficial GMAT result. Finally, candidates receive the full GMAT Score Report within 20 days of taking the test, including the AWA score.
How is the GMAT score calculated?
Each of your five GMAT scores, that is, 4 GMAT sections and the total score is reported on a fixed scale. These are your official scores that appear on your GMAT Score Report. Selected recipients of your score will receive these scores. Always remember that the GMAT Total Score Report includes Verbal and Quantitative scores and does not include any other sections in mind.
The GMAT Score Report consists of these elements:
- Your quantitative score (0 - 60), with percentile
- Your verbal score (0 - 60), with percentile
- Your GMAT total score (200 - 800), with percentile
- AWA score (mean integers from 0 to 6), with percentile
- Integrated reasoning score (integer from 1 to 8)
Business schools generally award scholarships and grants to pursue a professional program like MBA. Additionally, scholarships may be based on need or merit, however, there are no set rules for awarding a scholarship. It depends on the admission process of each school, so the candidate should always check with the school itself to obtain a scholarship. In addition, there are two types of scholarships, full and partial. The full scholarship covers the full cost of the program, while a partial scholarship covers only part of the cost of the course.
Q. What are the common facts about GMAT?
A. Common facts about the GMAT exam are:
- Students also cannot take their GMAT exam more than 5 times in a continuous 12-month period.
- Candidates can attempt the GMAT exam up to a maximum of 8 times in their lifetime.
The unique aspect of GMAT is that it does not have a set test date. Students have the flexibility to choose from the many GMAT test dates available to take the exam.
Q. What is the difference between GMAT and GRE?
A. the GMAT is the standardized test for admission to a business school, while GRE is a requirement for admission to graduate school. Now even certain business schools have started accepting GRE too. Similar to GRE, the GMAT exam consists of a verbal and quantitative section. In GMAT, the two sections are combined to give a composite score of 800.
Q. What is the difference between GMAT and CAT?
A. GMAT or also known as Graduate Management Admission Test and Common Admission Test or commonly known as CAT are the two most accepted management entrance tests, the scores of which are accepted by all top B schools including IIMs. The basic difference between the two is that while CAT is a national level entrance exam for students seeking to get into the best business schools in India, GMAT is conducted on a global platform and helps student’sto enter the best B schools around the world. Conducted by the Graduate Management Admission Council, GMAT scores are acceptable mainly for foreign / NRI students who want to study in India. IIMs accept the GMAT score of national candidates for executive management programs.
Q. What is an adaptive computer test?
A. GMAT is an adaptive computer test, it adapts to the candidate's performance while taking the test. The level of difficulty of the questions changes depending on whether the candidate answers the questions correctly or incorrectly. If the candidate answers the questions correctly, the level of the questions will increase, similarly, if the candidate answers the questions wrong, the candidate will start to receive easy questions. Also, since the next question is generated based on performance on the current question, the candidate cannot visit the previous question. The candidate must answer a question if he is able to solve it or not in order to advance.
Q. What is the GMAT percentile vs. mark assessment?
A. the GMAT score includes a percentile that compares your performance to other test takers. If you score in the 80th percentile, then you performed better than 80 percent of the applicants. Getting a high score means that you performed better than most candidates looked for the exam. Similarly, getting a low percentile means you scored lower than most candidates.
Q. How can I reschedule and retake the GMAT test?
A. Rescheduling the GMAT exam can be done through two main modes: online and by phone.
- 1 to 14 days before the appointment: US $ 150
- 15 to 60 days before the appointment: US $ 100
- More than 60 days before the appointment: US $ 50
Please note that the exam cannot be rescheduled on the exam date. The only difference to rescheduling the exam is over the phone is that you will have to pay a $ 10 surcharge along with the rescheduling fee. You can retake the GMAT test after 16 days of your previous attempt. However, the maximum limit to take the exam is 5 times a year. This continuous 12-month period is counted from your first attempt, regardless of the time of year.