GMAT Fees, Format, Score and Details For MBA Admission

The Graduate Management Admission Test (GMAT) is a computer adaptive test intended to assess analytical, reading, writing, problem-solving abilities, addressing data sufficiency logic, and critical reasoning skills for use in admission to a graduate management program, such as an MBA. GMAT is a registered trademark of the GMAC. More than 2,100 universities and institutions use the GMAT Score as part of the selection criteria for their more than 5900 graduate management programs including MBA, Master of Accountancy, and Master of Finance programs.

According to the test owning company, the Graduate Management Admission Council (GMAC), the GMAT assesses knowledge of certain grammar and knowledge of certain algebra, geometry, and arithmetic that it believes to be vital to real-world business and management success. It can be taken up to five times a year. Each attempt must be at least 16 days apart. The GMAT is administered in standardized test centers in 114 countries around the world.

GMAT Format and Timing

The GMAT test consists of four sections: an analytical writing assessment, an integrated reasoning section, a quantitative section, and a verbal section. Total testing time is three and a half hours, but test takers should plan for a total time of approximately four hours, with breaks. Time duration is bounded for every section and that number of questions too as below

Fees

Exam Pattern

The quantitative and verbal sections of the GMAT exam are both multiple-choice and are administered in the computer-adaptive format, adjusting to a test taker’s level of ability. Test takers are presented with a question of average difficulty at the start of the quantitative and verbal sections.

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As questions are answered incorrectly the computer presents the test taker with questions of decreasing difficulty and as the answered correctly, the computer presents the test taker with increasingly difficult questions. This process continues until test takers complete each section. At which point the computer will have an accurate assessment of their ability level in that subject area and come up with a raw score for each section.

Exam Schedule

Test takers may register either online at mba.com or by calling one of the test centers. To schedule an exam, an appointment must be made at one of the designated test centers. The GMAT may not be taken more than once within 31 days, even if the scores are canceled. Official GMAT exam study materials are available on the mba.com online store and through third-party vendors. The cost of the exam is $250. All applicants are required to present valid ID when taking the test. Upon completion of the test, test takers have the option of canceling or reporting their scores. As of July 2014, test takers were allowed to view their score before making this decision.

GMAT Score

From the most recent data released by GMAC, the average score of all test takers is about 540. The total GMAT score ranges from 200 to 800 and measures performance on the quantitative and verbal sections together. Performance on the AWA and IR sections do not count toward the total score, those sections are scored separately. Scores are given in increments of 10.

The score distribution conforms to a bell curve with a standard deviation of approximately 100 points, meaning that 68% of examinees score between 440 and 640. After previewing his/her unofficial GMAT score, a GMAT test taker has two minutes to decide whether to keep or cancel the GMAT score. A cancelled score can be retrieved within 60 days for a fee of $100. After 60 days a cancelled score is not retrievable.

You can select up to 5 programmes to send your official score report at no extra cost. You will not be able to change the selection once made or select your initial 5 programmes free of cost at a later date. Scores are valid for five years after the year in which you appeared for the test.

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