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The GMAT exam is a computer-adaptive test that assesses the candidates’ analytical writing, quantitative, verbal, and reading skills in standard written English. The cost of giving the GMAT Exam is US $275. This test is taken to get admission into a graduate management program, such as MBA and Masters in Finance-related courses

Since, 16th April 2018, the Graduate Management Admission Council has shortened the GMAT exam 2021 by 30 minutes. Now, the exam is for 3 hours and 30 minutes including test instructions and breaks. The Verbal Reasoning and Quantitative sections were shortened by 13 and 10 minutes respectively. The Integrated Reasoning and Analytical Writing Assessment along with the Score Preview and the optional break time remained the same. These changes do not have any impact on scoring in the shortened Verbal Reasoning and Quantitative sections as only the unscored items have been removed by the GMAC. GMAT has a feature that provides candidates with the flexibility to customize their GMAT experience by choosing the section order in which they feel most comfortable taking the exam.

Why take the GMAT Exam?

It is the most widely accepted exam for MBA admissions worldwide. No other exam has as wide acceptability as GMAT, as per the GMAC, globally 9 out of 10 MBA enrollments are made through GMAT Score. Further, 2,300 + schools accept GMAT Scores for giving admission. Also, there are 650 testing centers in 114 countries that administer the GMAT Exam

Exam Name
GMAT

GMAT full form

Graduate Management Admission Test

Official Website

https://www.mba.com…

 Conducted by

GMAC (Graduate Management Admission Council)

Mode of Exam

Computer-based adaptive test

GMAT fee

US $275

Score Range

Min 200, Max 800

GMAT Contact

+91 120-439-7830
Fax: +91-120-4001660.
Email: GMATCandidateServicesAPAC@ pearson.com

https://www.mba.com/service/contact-us.aspx

As such, there are no set eligibility criteria for GMAT set by GMAC, the body conducting GMAT for appearing for the GMAT exam. However, one should always meet the eligibility criteria set by the university/college one aspires to get into after giving the GMAT.

GMAT Age Criteria
  • The candidate must have completed 18 years of age
  • There is no upper age limit for the candidate
  • If the candidate is between 13 to 17 years old, they should have permission in writing from their parents or legal guardian
Educational qualification
  • GMAC has not announced any official statement regarding qualifications required to appear for GMAT

Candidates who wish to enroll in an MBA programme should possess a graduate degree in any discipline from a recognized university

The application fee for the GMAT exam is $275, which would translate to INR 20,600 approximately. Also, if the applicants want to change the center or reschedule the test then they will be charged extra. Candidates who do not show up for the test will be charged a full GMAT exam fee.

GMAT Cancellation Fee

If you cancel the exam 1 to 14 days before the test date then you will be charged $200 and $50 will be refunded. If you cancel the exam 15 to 60 days prior to the appointment then you will be charged $175 and $75 will be refunded. And if you cancel the test more than 60 days prior to the appointment then you will be charged $150 and will receive $100 as a refund. Moreover, the test appointment cannot be canceled or modified within 24 hours of the scheduled test and time.

GMAT Rescheduling Fee

If you reschedule the exam 1 to 14 days before the test date, you have to pay US$150. Also, if you reschedule the exam 15 to 60 days prior to the appointment then you have to pay US$100. If you reschedule the exam more than 60 days before the test date then you have to pay US$50.

According to GMAC, you can register for the GMAT entrance exam 6 months before the Graduate Management Admission Test date or latest by 24 hours before the GMAT 2021 exam date, however, the slot is not available at the last moment. Therefore, it is suggested to book your preferred slot well before the planned exam date.

Ways to register for GMAT:

  • Online
  • Phone
  • Postal mail

There are six steps to register for the GMAT Exam and also different steps to schedule the GMAT exam. You can read the complete steps to register for the GMAT Exam here

GMAT Exam Dates 2021

There are no fixed official GMAT dates for 2021, you can choose any date according to your convenience and availability. In case you need to retake the GMAT exam you can do so after 16 days. You can take or retake the GMAT exam after every 16 days. You can appear for the exam a maximum of five times a year. Ideally, candidates are recommended to register themselves two to three months before the exam date. If you register online or by phone, you can get yourself registered as late as 24 hours before the exam date. But it is safer to stick to early registration as you will then have a set schedule to prepare for the exam accordingly. Even the coaching institutes recommend you to register at the earliest available date so that you have a wide window of time to prepare.

The GMAT test pattern comprises of four sections:

  • Analytical Writing
  • Integrated Reasoning
  • Quantitative Reasoning
  • Verbal Reasoning

GMAT is a three and a half hours test with a maximum score of 800 points. The GMAT test the candidate’s abilities on various parameters. Further, the GMAT Exam Syllabus has four sections:

  • Analytical Writing Assessment—measures candidates ability to think critically and to communicate their ideas
  • Integrated Reasoning—measures candidates ability to analyze data and evaluate information presented in multiple formats
  • Quantitative Reasoning—measures aspirants ability to analyze data and draw conclusions using reasoning skills
  • Verbal Reasoning—measures the ability of the candidates to read and understand written material, to evaluate arguments, and to correct written material to conform to standard written English.
How is GMAT Score calculated?

Each of your five GMAT Scores i.e. 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. Your selected score recipients will receive these scores. Always remember, that the GMAT Total Score Report includes Verbal and Quantitative scores and does not include any other section into account.

The GMAT Score Report comprises of these elements:

  • Your Quantitative Score (0 – 60), with percentile
  • Your Verbal Score (0 – 60), with percentile
  • Your Total GMAT Score (200 – 800), with percentile
  • AWA Score (half-integers from 0 to 6), with percentile

Integrated Reasoning score (integer from 1 to 8)