The GMAT is a computer adaptive test that assesses a candidate's verbal, quantitative, analytical writing, and reading skills using written English as a standard. The GMAT exam is $275 in US dollars to take. Anywhere in the world, admission to a top business school's graduate management programme, such as an MBA or Master's in Finance, requires passing this exam. The ideal exam to take in order to get into your top business school is this one. Students will learn everything there is to know about the GMAT in this article, including what it covers, who is qualified to take it, and how to sign up for the test's schedule.
The GMAT exam 2023 has been reduced in length by 30 minutes as of April 16, 2019, by the Graduate Management Admission Council. With breaks and test instructions, the exam now lasts three hours and thirty minutes. The time allotted for the Quantitative and Verbal Reasoning sections was reduced by 13 and 10, respectively. The integrated Reasoning and analytical writing assessment, the score preview, and the optional break period remained unchanged. These adjustments have no impact on scoring in the shorter Verbal Reasoning and Quantitative parts because the GMAC has solely eliminated the unscored items.
By choosing the sectional order that seems most comfortable to them, applicants can customise their GMAT experience by choosing the centres, vacation destinations, and recognised organisations that they want to use for their test. GMAC claims that nine out of ten new enrollments require a GMAT score.
The most recent GMAT GMAC has disclosed an Online Test update.
The GMAT online exam will no longer be limited to two attempts per participant. The online attempts will increase the total number of GMAT attempts—5 in a rolling 12-month period and eight overall.
Five free score reports are available with the GMAT online test. Once the official online exam results are released, you have 48 hours to use the five free score reports. For US$35 each, additional score reports are available for purchase.
GMAC declares that the Aadhar Card is acceptable for the GMAT Online Exam: The Graduate Management Admission Test (GMAT) administrator and owner, GMAC, has announced that starting on April 8, 2021, they will accept Aadhar Cards as acceptable ID proof for the GMAT Online exam. This is good news for Indian students. However, during the registration procedure, applicants must prove their identity using an Aadhar Card or passport. GMAC has made this step to increase GMAT 2022's accessibility to a broader student base. However, there are a few things that applicants should keep in mind, including the fact that they will need to validate their Aadhar cards as a part of the online exam registration process and that they can only use them to appear for the GMAT in its online format, and that the GMAT test centres will only accept passports instead of valid IDs beginning on April 8, 2021.
GMAC has introduced the GMAT Online Exam for people who want to take the GMAT admission exam from the comfort of their homes instead of travelling to a GMAT testing facility in light of the COVID-19 outbreak. Now, applicants can choose between taking the GMAT exam online or at a testing facility close to them.
The GMAT Online Exam appointment can be made by candidates up to 24 hours before a test window. There are openings for the GMAT Online exam on a rolling basis. A candidate may take the GMAT Online exam a maximum of twice. The GMAT Online exam will count your five GMAT exam attempts per rolling 12-month period and your eight total attempts during your lifetime.
GMAC is compelled to stop the GMAT exam for applicants at test centres due to the COVID-19 pandemic because various countries have issued travel restrictions. The GMAT Online will begin on April 15, 2020, according to the Graduate Management Admission Council (GMAC), which manages the GMAT administration.
Prestigious business schools don't require the GMAT, and some even cover the application fee. Universities are likewise extending application deadlines to accommodate additional applicants.
The GMAT Exam: Why Take It?
The exam for MBA admissions is the one that is most widely accepted worldwide.
According to GMAC research, the GMAT is the most commonly acknowledged exam in India; GMAT scores are
used to evaluate 90% of MBA admissions.
Additionally, admission to 2,200+ universities is determined by GMAT results. The GMAT Exam is additionally offered in 640 testing centres throughout 114 countries. Read this to understand how the GMAT exam varies from other MBA entry examinations.
| Exam Name | GMAT |
|---|---|
| GMAT Full Form | Graduate Management Admission Test |
| Official Website | https://www.mba.com |
| Most Popular for | MBA courses outside India, check 500+ colleges on Shiksha |
| Also Accepted for | MS courses outside India MBA courses in India |
| Conducted by | GMAC (Graduate Management Admission Council) |
| Mode of Exam | Computer-based adaptive test |
| GMAT Fee | US $275 (INR 20,600 approx) |
| Score Range | Min 200, Max 800 |
| GMAT Contact | +91 120-439-7830, 9 a.m. to 6 p.m. Indian Standard Time Fax: +91-120-4001660 Email: Contact GMAT |
As a result, GMAC, the organisation in charge of administering the GMAT exam, has not established any specific eligibility requirements for taking the GMAT. However, after taking the GMAT, applicants must always meet the criteria specified in the university or college they hope to attend.
The GMAT costs $275, which is roughly equivalent to 20,600 INR. Additionally, there will be an additional fee if the candidates want to switch the test location or reschedule it. Candidates who fail to appear for the exam will be charged the entire GMAT cost.
You will be charged $200 and receive a $50 refund if you cancel the exam between one and fourteen days before the test date. If students cancel the exam 15 to 60 days before the scheduled appointment, they will be charged $175 and receive a $75 refund. Additionally, you will be charged $150 for the test and receive a $100 rebate if you cancel more than 60 days before the scheduled appointment. Furthermore, within 24 hours of the scheduled examination and time, the work for the test must be kept the same.
One to fourteen days prior to the test date, you must pay US$150 to reschedule the exam.
If you need to reschedule the exam 15 to 60 days before the booked appointment, you must also pay US$100. If a student reschedules an exam more than 60 days prior to the test date, they must pay US$50.
GMAC states that you can register for the GMAT entrance exam up to six months before the test date or, at the latest, twenty-four hours beforehand in 2022; nevertheless, a spot is not accessible at the last minute. Therefore, it is advised that you reserve your desired time slot well in advance of the scheduled exam day.
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The GMAT registration process consists of six steps, and the GMAT schedule has additional procedures. The entire registration process for the GMAT can be read.
There is no set official GMAT exam date for 2022; instead, you can select any day that works for you and is open to you. The GMAT exam can be taken once every 16 days, or you can retake it. After 16 days, you can repeat the GMAT exam if necessary. A maximum of five times a year are allowed for exam appearances. It is advised that applicants register themselves two to three months before the exam date. You can register up to 24 hours before the exam date if you do it over the phone or online. However, it is safer to go with early registration because you will have a schedule to follow as you study for the exam. Even coaching organisations advise you to sign up as soon as possible, giving you plenty of time to get ready.
The four portions of the GMAT are as follows:
The GMAT has a three-and-a-half-hour testing period and an 800-point limit. The GMAT evaluates a candidate's skills across a range of characteristics. The GMAT syllabus has four components:
Analytical Writing Assessment— assesses candidates' capacity for critical thought and idea communication.
Measures a candidate's capacity to analyse data and assess information offered in various formats.
Quantitative Reasoning— tests candidates' capacity to use logic to examine data and draw conclusions.
Verbal Reasoning— measures the candidates' comprehension of written content, their ability to assess arguments, and their ability to edit written material to adhere to accepted written English standards.
Applicants need to comprehend their GMAT score and score report. Candidates should be aware of the different components of their GMAT scores.
Candidates receive almost the entire GMAT Score Report after passing the test, with the exception of the AWA Score. The applicant will have the option of accepting or rejecting it. In contrast, if the candidate rejects the result, no one will be able to access the candidate's GMAT score. If the candidate accepts the result, they can view it with their favourite institutes. After the test, candidates may obtain their unofficial GMAT results. Candidates receive the complete GMAT Score Report, which includes the AWA Score, 20 days after taking the test.
Your four GMAT sections, overall score, and each of your five GMAT scores are reported on a set scale. These are your official GMAT score results, which are displayed on your score report. These scores will be given to the individuals you have chosen. Always remember that GMAT Total Score Report only considers the Verbal and Quantitative sections.
The GMAT Score Report comprises these elements:
Here are the minimum and maximum GMAT score range of each section, along with a mean average:
| Section | Score Range | Mean Scores* |
|---|---|---|
| Analytical Writing Assessment | 0-6 | 4.5 |
| Integrated Reasoning | 1-8 | 4 |
| Verbal | 0-60 | 27 |
| Quantitative | 0-60 | 38 |
| Total | 200-800 | 548 |
Candidates should be aware that GMAT results are good for five years. As a result, applicants should check the deadlines for applying to various universities and plan their GMAT exams accordingly.
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To successfully study independently, you'll need a few good GMAT books and resources, as well as study materials, motivation, and self-control. If time is a concern and you feel you need professional assistance to give your GMAT preparation a competitive edge, enrolling in a GMAT tutoring centre near you is the better option.
Candidates must follow the correct strategy in order to score an 800 on the GMAT 2022 Exam. Before you start studying, decide what you think an acceptable GMAT score to be, and then design your study schedule accordingly. Candidates can also review the GMAT Sample Paper to get ready for the GMAT exam in 2022. Study resources are also available from Veritas, The Princeton Review, Manhattan Prep, Kaplan Books, and Khan Academy. You can also take a peek at our 4-week GMAT study schedule.
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It is advised to select your test centre once you take the exam in the next two to three months because reservations must be made in advance. To avoid having to travel far before the exam, it is advised that you select the city that is closest to you. Once the state or location has been selected, you can check the local GMAT test centre's availability for a date.
Pick a coaching facility anywhere in India:
The GMAT score is one of the most crucial aspects of the application process for admission to the best business schools worldwide. Aspirants who take the GMAT can apply to more than 7700 programmes at about 2400 business schools worldwide. In addition, prestigious business schools like Stanford, Harvard, and INSEAD accept GMAT scores above 720. Furthermore, for students to be qualified to submit GMAT scores, management institutions should award degrees to them. More than 110 nations around the world accept the GMAT. In addition, students aiming for universities that accept GRE results in addition to GMAT scores might also need to convert their GRE to GMAT scores.
| Business School | Average GMAT Score |
|---|---|
| University of Pennsylvania (Wharton) | 732 |
| Stanford University (CA) | 732 |
| Yale University (CT) | 724 |
| Harvard University (MA) | 730 |
| Columbia University (NY) | 732 |
| University of California—Berkeley (Haas) | 726 |
| University of Chicago (Booth) | 731 |
| Northwestern University (Kellogg) (IL) | 732 |
| Massachusetts Institute of Technology (Sloan) | 728 |
| Dartmouth College (Tuck) (NH) | 722 |
B-schools typically provide scholarships and grants to students who want to enroll in a professional degree, and scholarships may be merit- or need-based, but there are no predetermined criteria for deciding who gets a GMAT scholarship in 2022. The application process for each school varies. Therefore, the candidate should always inquire about scholarships directly from the institution. Additionally, there are full and partial scholarships. A full scholarship pays for the entire program, as opposed to a partial scholarship, which simply pays for a portion of the course fee. Additionally, you can read here about the comprehensive information we provided about GMAT Scholarships for Indian students.
Common GMAT Exam facts include:
Students are also not permitted to take the exam more than five times in a rolling 12-month period.
There is a lifetime cap of eight GMAT attempts per candidate
GMAT doesn't have a defined exam date, which makes it special. When deciding when to take the GMAT, students have a variety of dates to select from.
The GMAT is the compulsory test for entrance to business schools, whereas the GRE is needed for graduate admittance. Even some business schools are now beginning to accept the GRE. The GMAT exam has a Verbal and a Quantitative portion, similar to the GRE. The two portions of the GMAT are combined to produce a final score of 800. GRE vs. GMAT comparison information is available at Which Exam Is Best for You?
The Graduate Management Admission Test, also known as the GMAT, and the Common Admission Test, sometimes known as the CAT, are the two most popular management entrance exams, the results of which are recognized by all the top B-schools, including the IIMs. The main distinction between the two is that, while CAT is a national-level entrance exam for applicants to India's Top Business Schools, GMAT is administered on a global scale and aids applicants to top B-Schools around the world. GMAT test results, administered by the Graduate Management Admission Council, are generally accepted for NRI/foreign students who wish to study in India. For executive management programs, the IIMs accept domestic candidates' GMAT scores. Candidates can get comprehensive information on how the GMAT and CAT tests vary. Additionally, you can read Why B-Schools Prefer GMAT Over CAT?
The GMAT is a computer-adaptive exam; during administration, it adjusts based on the candidate's performance. Depending on whether the candidate is providing correct or incorrect answers, the questions' level of difficulty fluctuates. The difficulty of the questions will increase if the candidate is providing accurate answers; conversely, if the candidate is providing inaccurate answers, the questions will become increasingly simple. Additionally, since the prior question cannot be visited because the subsequent question is generated based on how well the candidate answers the present question. Whether or not the candidate can solve a question, he must respond to it in order to go on in the exam.
The percentile component of your GMAT score compares how well you performed to other test-takers. You outperformed 80% of the applicants if your score is in the 80th percentile. A high percentile score indicates that you outperformed the majority of the test-takers. Similarly, a low percentile score means you performed worse than the majority of applicants.