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The Graduate Management Admission Test is a Standardized test that measures verbal, mathematical and analytical writing skills. It is intended to help the graduate schools of business assess the potential of applicants for advanced study in business and management. Nearly 900 management institutes all over the world (almost all of them in the US) require GMAT scores from each applicant. The GMAT tests the fundamental skills - Reasoning and Comprehension included - and does not require any subject-specific theoretical study.
The test is designed in such a way that it would be unlike any other test you would have taken at school or college. First, the test has no question paper or answer sheets, nor does it have the same set of questions for all the examinees. Further, it does not give you the option of not answering a question (unless, of course, you run out of time at the end). All this because the GMAT is now an entirely Computer based test - the keyboard and mouse do the work of a pen or pencil. The test is scored out of 800 (in multiples of 10), and most scores fall in the range of 500-600. However, a score of even 800 is not unheard of.
The GMAT test is only one of several parameters which the graduate schools look at to determine the selection of an applicant. A high score alone does not translate into an admission offer from a great school. But the test can be looked upon as the first major hurdle to be cleared in the process of getting admission into a B-school of your choice.
The GMAT test is developed and administered by the US-based Pearson VUE under the direction of the Graduate Management Admission Council (GMAC), a non-profit organization of graduate business schools worldwide. This implies that Pearson VUE conducts the test, and sends each examinee the score report. For the conduct of the test, Pearson VUE has appointed testing centers in various countries.
All-round-the-year. Unlike other exams, you can choose your own date and time for taking the GMAT September to December is the high season for GMAT, so in case you intend to take the test during this period, you need to register very early (say 90 days in advance) to get a date of your choice. Otherwise, registering at least 15 days in advance is mandatory. The GMAT test lasts roughly four hours, and most centres offer two slots: 9 A.M. and 2 P.M.
Anyone and everyone is eligible for taking the GMAT –there are no restrictions based on age or qualifications. The test scores are valid for five years, i.e., most universities accept scores up to five years old. But it is always better if your scores are recent (not older than 2 years).
The fee to take the Graduate Management Admission Test® (GMAT) is US$250 worldwide. You will incur taxes when you schedule an exam in certain countries.
Most business schools require you to take the GMAT or Graduate Management Admission Test. The GMAT is now a three-and-a-half-hour computer adaptive test (CAT) with multiple-choice math and verbal sections. It also features an analytical writing assessment section, which is comprised of two essays on business-related topics. It's the kind of test you hate to take and schools love to require.
B-schools believe it measures your verbal and quantitative skills and predicts success in the MBA program. But most schools weigh your GMAT scores heavily in the admissions decision. If nothing else, it gives the school a quantitative tool to compare you with other applicants.
Most people feel they have no control over the GMAT. They dread it as the potential bomb in their application. But you have more control than you think. You can take a test-preparation course to review the math and verbal material, learn test-taking strategies, and build your confidence. Test-prep courses can be highly effective. The Princeton Review offers what we think is the best GMAT course available. Another option is to take a look at Kaplan GMAT prep courses.
More than once, if you didn't ace it on the first try. But watch out: Multiple scores that fall in the same range make you look unprepared. Don't take the test more than once if you don't expect a decent increase, and don't even think of taking it the first time without serious preparation. Two tries is best. Three, if there were unusual circumstances or if you really need another shot at it. If you take it more than three times, the admissions committee will think you have an unhealthy obsession with filling in dots. A final note: if you submit more than once score, most schools will take the highest.
If you don't have math course on your college transcript or numbers-oriented work experience, it's especially important to get a solid score on the quantitative section. There's a lot of math between you and the MBA.
You must register to take the GMAT in advance by phone or email; walk-in GMAT registration at test centers is not accepted or can take the assistance of Royal Counselors.