Savanna Hoffman
The GMAT is a standardised exam used for admissions to B-schools (business schools) abroad and in India. It is specifically designed for graduate business programs and is trusted by over 7,700 programs and 2,400 business schools worldwide. The GMAT is a popular choice for international students and is accepted by most US, UK, Italian, Australian and Canadian universities for admissions to MBA programs. The exam can be taken online or at an authorised test centre, and students can expect to pay between USD 250 and USD 275 to take the test at a centre, and between USD 275 and USD 300 to take it remotely.
| Characteristics | Values |
|---|---|
| Number of students taking the exam | 75,000 |
| Exam purpose | Judging the analytical abilities of candidates |
| Exam sections | Quantitative and verbal reasoning |
| Exam difficulty | High, with only 6% of 200,000 students passing |
| Number of attempts | Up to 5 times a year |
| Validity of scores | 5 years |
| Preparation time | 6 to 8 months or 3 to 4 months |
| Exam cost | USD 250-275 at a test centre, USD 275-300 online |
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What You'll Learn
GMAT registration and fees
The GMAT (Graduate Management Admission Test) is a standardised exam used for obtaining admissions to B-schools abroad and in India. Most US, UK, Italian, Australian and Canadian universities accept GMAT scores for admissions to MBA programs.
GMAT Registration
To register for the GMAT, applicants can go online to the official website. Registration can be done in less than 15 minutes. To register, applicants will need to provide basic information, such as their name, contact details, and educational background. They will then select their desired date and time from the available options.
GMAT Fees
The standard fee for the GMAT at a test centre is USD 275 or INR 23,479, and for the online GMAT, it's USD 300 or INR 25,613. These fees can be paid using credit or debit cards.
It is important to note that there are additional costs associated with the GMAT exam beyond the registration fee. For example, there are charges for rescheduling or cancelling the exam. The GMAT reschedule fee ranges from USD 55 to USD 165 for test centre appointments and USD 60 to USD 180 for online exams, depending on when you reschedule. Candidates can get a refund for GMAT cancellation ranging from USD 110 to USD 55 for test centre appointments and USD 120 to USD 60 for online exams, depending on how far in advance they cancel.
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GMAT exam difficulty
The GMAT (Graduate Management Admission Test) is a standardised exam used for obtaining admissions to B-schools (business schools) abroad and in India. Most universities in the US, UK, Italy, Australia and Canada accept GMAT scores for admissions to MBA programs. The GMAT exam is meant to judge the analytical abilities of candidates in the quantitative, verbal reasoning, integrated reasoning and analytical writing assessment sections.
The GMAT is considered a difficult exam, with only 6% of students qualifying out of 200,000 test-takers. The exam is designed to test students' logical skills, with a focus on logical reasoning and critical thinking. The GMAT is tougher than the IELTS in terms of logical reasoning and critical thinking, and tougher than the TOEFL due to its complex vocabulary and reading passages. The GMAT also has a stronger focus on mathematics than the TOEFL. The GMAT is considered more accessible than the CAT because it has a predefined syllabus, and candidates can make multiple attempts at the exam. The GMAT is an adaptive test, meaning that the difficulty level adjusts in subsequent sessions based on the candidate's performance in the previous session.
To prepare for the GMAT, students should aim to spend two to three months and 100-120 hours reviewing the material and practising regularly. Students should familiarise themselves with the test structure and question types, take full-length practice tests, review core concepts, brush up on vocabulary, set goals, focus on weak areas and use GMAT prep materials.
The cost of taking the GMAT varies, but in most parts of the world, you can expect to pay between USD 250 and USD 275 to take the test at an authorised centre, and between USD 275 and USD 300 to take it remotely. In India, taking the GMAT at a test centre costs USD 275 (INR 23,554 + taxes).
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GMAT preparation time
The Graduate Management Admission Test (GMAT) is a standardised exam used for obtaining admissions to B-schools (business schools) abroad and in India. Most US, UK, Italian, Australian and Canadian universities accept GMAT scores for admissions to MBA programs. The GMAT is designed to judge the analytical abilities of candidates in the quantitative and verbal reasoning sections. It is a tough exam, with only 6% of students qualifying. As such, preparing for the GMAT takes time and sincere effort.
There are several variables that will impact your GMAT preparation time, including your test-taking ability, study style, frequency, and prior knowledge. The median hours of preparation for candidates who achieve a score of 700 is 120 hours. However, this will vary from candidate to candidate. For example, one person on Reddit reported spending 15-20 hours a week for 2 months and scored 640, while another spent 3 months casually studying alongside work and scored 710. A third person spent 5 months and 225 hours total and scored 770.
It is recommended that you give yourself two to three months to prepare for the GMAT, spending 100-120 hours reviewing material and practicing regularly. You can also take practice tests, train yourself on timing, and review and rework any problems you get wrong. You can also use offline materials, such as flashcards, to drill yourself on math formulas, and review approaches to tackling critical reasoning questions.
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GMAT exam structure
International students can take the GMAT exam, which is designed to judge the analytical abilities of candidates in the quantitative and verbal reasoning sections. The exam is meant for MBA admissions, but students are not required to prepare anything related to management beforehand. The GMAT exam is designed to test students' logical skills.
The GMAT exam is 135 minutes long and consists of three separate sections: Quantitative Reasoning, Verbal Reasoning, and Data Insights. The exam is flexible, allowing candidates to answer the three sections in any order and take an optional 10-minute break whenever they choose—after the first or second section.
The GMAT exam uses a computer-adaptive-testing (CAT) format. As a candidate progresses through each section, the algorithm adjusts the difficulty of each new question based on their performance. The GMAT exam consists of 64 questions in total, and candidates can use the Question Review & Edit tool to bookmark questions that they would like to review and edit responses later in each section.
The GMAT Quant section assesses a candidate's ability to reason mathematically through 5-answer multiple-choice questions. It measures critical thinking and problem-solving skills using mathematical concepts relevant to business and management. The Verbal Reasoning section evaluates a candidate's ability to comprehend written passages and reason critically. This section includes Reading Comprehension questions, which require candidates to extract main ideas, identify supporting details, and make inferences from short or long passages. For Critical Reasoning questions, candidates must evaluate arguments, identify assumptions, and draw conclusions.
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GMAT acceptance at universities
The GMAT is a standardised exam used for obtaining admissions to B-schools (business schools) abroad and in India. It is designed to judge the analytical abilities of candidates in the quantitative and verbal reasoning sections. While the GMAT is intended for MBA admissions, students are not required to prepare anything related to management. Instead, the exam tests the basic mathematical and verbal skills needed for business school academics.
Most universities in the US, UK, Italy, Australia, and Canada accept GMAT scores for admissions to MBA programs. Students applying for MBA or MS in Management-related courses may need to submit GMAT scores. In India, there are more than 100 institutes that accept GMAT scores for their business programs.
The GMAT exam is challenging, with only 6% of 200,000 students passing the exam. Students preparing for the GMAT exam should expect to prepare rigorously and solve practice questions. It is recommended to prepare for the exam over six to eight months or three to four months, depending on the student's practice and ability.
- S P Jain Institute of Management & Research, Mumbai
- Great Lakes Institute of Management, Chennai and Gurgaon campuses
- Welingkar Institute of Management Development & Research (WeSchool), Mumbai and Bengaluru campuses
- Indian Institute of Management Indore
- XLRI, Jamshedpur
- K. J. Somaiya Institute of Management Studies and Research, Mumbai
- Indian Institute of Management Ranchi
- School of Management, SRM University, Chennai
- Indian Institute of Management Rohtak
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Frequently asked questions
Yes, the GMAT is taken by thousands of students around the world every year. It is the most widely used assessment designed specifically for graduate business education.
The GMAT is a standardised exam used for obtaining admissions to B-schools (business schools) abroad and in India. It is designed to test students' logical skills, including basic mathematical and verbal reasoning skills.
The non-refundable exam fee is USD 250 each time you take it. Fees vary depending on location, with the cost being USD 275 in India.
Preparing for the GMAT takes sincere effort and rigorous study. It can take anywhere from 3-8 months, depending on your practice and ability. It is recommended that you give yourself at least eight weeks to prepare for the exam, and more if you are unfamiliar with the material.
