GMAT stands for Graduate Management Admission Test, administered by Graduate Management Admission Council (GMAC). It is a computer-adaptive standardized test used by business schools worldwide to choose the best students. Students who want to attend business schools for MBA programs, MiM, or Ph.D. in the US must apply for the GMAT exam. GMAT measures the candidate's aptitude in mathematics and verbal and analytical writing skills. The exam is in four sections, and scores are marked out of 800. GMAT scores are valid for five years. The exam is generally online, but exams are held offline in areas with limited computer networks, such as Cuba, Iran, Mainland China, etc. Top-notch business universities like Stanford University, Harvard University, University of Chicago, Columbia University, etc., review GMAT scores, your academic record, and supporting materials like interviews to assess your ability for MBA programs.
|Full form||Graduate Management Admission Test|
|Conducted by||Graduate Management Admission Council (GMAC)|
|Eligibility||A student must be 12th standard passed|
|Test duration||3 hours 07 minutes|
|Required For||To get admission for MBA programs|
|Fees||US$275 + 18% GST, (₹26,750 approx)|
|Result||Within 7 working days after the test|
The Graduate Management Admission Test (GMAT) is considered the best entrance exam for MBAs in business schools. The GMAT exam is accepted by 110 countries worldwide because of its ability to test the applicant to understand and solve reasoning and verbal problems in a limited time. There are 573 test centers for the GMAT exam in the world.
Applicants with a bachelor's degree in any stream can apply for the GMAT exam. The higher the scores in the GMAT exam, the higher will be the chances of getting admitted to your desired university. GMAT scores vary from university to university. To get admitted to the top universities in the US, students need a minimum of 720+ scores, whereas universities in Canada require minimum scores of 650-690.
The GMAT exam syllabus is difficult, as it is divided into four modules, and every module plays a significant role. Here is a brief introduction to every module:
GMAT exam has four modules (a) verbal reasoning, (b) quantitative reasoning, (c) integrated reasoning, and (d) analytical writing assessment. The duration for the GMAT exam is 3 hours and 07 minutes, where verbal reasoning gets 65 minutes, and the applicant has to solve 36 questions, quantitative reasoning allocates 62 minutes to answer 31 questions, integrated reasoning gives students 30 minutes to solve 12 questions and analytical writing gives 30 minutes to write one paragraph.
|Verbal Reasoning||65 minutes||36 questions|
|Quantitative Reasoning||62 minutes||31 questions|
|Integrated Reasoning||30 minutes||12 questions|
|Analytical Writing Assessment||30 minutes||1 paragraph|
Registration for the GMAT exam must be completed online, and a scanned copy of your passport is required to prove your identity.
The GMAT's fee structure adopted a few changes from 31st March 2023. If a student is delivering a test at an exam center, they must pay US$275 along with 18% GST; if a student gives an online test, they must pay US$300 plus 18% GST. Also, applicants must pay additional charges if they want to cancel or reschedule their exam.
|GMAT Exam Center||US$275 + 18% GST||₹26,750|
|GMAT Online||US$300 + 18% GST||₹29,250|
For the Pen-paper based exam, many test centers are available across India, and you can expect a minimum of one exam slot each month. So finding and selecting an exam center near you is easy in India. However, you can choose any time slot if you are appearing for an Online GMAT exam.View Exam Centers
GMAT exam result is generally declared within 7 business days after the exam. Your result sheet will consist of your scores in each module and total scores out of 800. Every module has a different score range, and every university demands different scores for the GMAT exam. GMAT scores are valid for five years.