How to Prepare
GMAT 2017 News and Updates
Indian Institute of Management, Ahmedabad has launched its 12th batch of PGPX or Post Graduate Programme in Management for Executives for the academic year 2017-18. It is a one-year full-time residential programme and a total number of 115 students joined the 12th batch of PGPX. Director of IIM ...Read more
Institute of Health Management Research (IIHMR), Jaipur has issued an admission notification for Master of Business Administration (MBA) course for the academic session 2017-19. The duration of MBA course at IIHMR is two years and the institute offers MBA course in following areas: - MBA ...Read more
VIT University’s VIT Business School has issued an admission notification for MBA course for the academic session 2017-19. The login notice has been issued for the two campuses of VIT, i.e., Vellore and Chennai. VIT University’s MBA 2017-19 admission notification is given in detail ...Read more
Through the interactive onsite learning (IOL) platform, IIM Ahmedabad is coming up with a new two-year post graduate management course that is expected to bring a sweeping change in the domain of the management education in the country. IIM Ahmedabad is the first institute in the country to offer ...Read more
International Management Institute or IMI New Delhi has reopened the application process for the admission to PGDM course. The registration for PGDM course concluded on December 12, 2016. However, most of the students who scored an excellent percentile in Common Admission Test or CAT 2016 requested ...Read more
Tentative GMAT 2017 Exam Dates
|Test Results Date||Aug 28, 2017|
GMAT (Graduate Management Admission Test) is one of the trusted and preferred entrance tests among candidates who wish to pursue management education. It is organized by the Graduate Management Admission Council (GMAC). The GMAT is the computerized Adaptive Test (CAT) taken by the aspirants every year for admission to top business universities and institutions in India as well as abroad.
GMAT is conducted in approx 112 countries around the world and the scores of GMAT exam are accepted by more than 2,100 universities and institutions. Taking GMAT can be really beneficial for those who wish to take up management as a career option. More than 6000 courses/programmes are offered by these GMAC associated institutes. This exam is popular among candidates who wish to pursue management courses like MBA, Master of Finance and Master of Accountancy.
GMAT 2017 Conducting Body
The Graduate Management Admission Test (GMAT) is conducted by the Graduate Management Admission Council (GMAC) for candidates seeking admission in postgraduate management courses offered at various B-schools worldwide. GMAC is an international non-profit organization of business schools that provides products and services to academic institutions and prospective graduate management education students. GMAC also provides survey research and market analysis aimed at helping graduate management admissions professionals make informed decisions and serves as an information source for journalists and members of the public interested in information about management education and the role it plays in the global economy.
GMAT Contact Details
|Address||GMAC India Office* Gurgaon, India|
|Phone no||91 120 4397830|
1) What is the GMAT?
The GMAT (Graduate Management Admission Test) is the most popular standardised test for business school aspirants worldwide. Over the past 5 years, a majority of the best B-Schools in India have started accepting GMAT scores, making it the choicest test for most Business School aspirants worldwide.
2) Why should I take the GMAT ?
If you want to get into any one of the 500 best business schools in the world, the GMAT is statistically a no-brainer. For example, in a given class entering Harvard Business School, about 85% of the cohort enters with a GMAT score as opposed to a GRE score. For most people who have not taken another test for a specific reason, the GMAT is the test of choice. Giving a standardized test score is compulsory for admission into pretty much any good Business School in the world, so the GMAT stands as both the most popular option, as well as the easiest one to prepare for (with good guidance).
3) Is the GMAT credible ?
The GMAT is the most credible standardized test in its category, with good reason: it is accepted widely. If you make a wishlist of the ten top Business Schools you want to get into, there is a 95%+ probability that all of them will accept GMAT test scores. It is representative.
The Graduate Management Admission Council (GMAC), which owns and administers the GMAT, is an association of Business Schools, so the people who conduct the test that will change your life are also the people who know what skills you need.The GMAT has been around for a long time. More than six decades have passed, and the GMAT is still the premier test of its kind. The greatest credibility comes through survival, and the GMAT has survived a long time.
4) How do I register to take the GMAT ?
You should register online at the official website of Graduate Management Admission Council (GMAC).
5) Can I take the GMAT in India ?
Yes. In India, there are test centres available in major cities and towns. For a full list of testing locations, please visit the official website of GMAC.
6) What is the GMAT test fee?
The GMAT test registration fee is INR 16,500 approximately. This includes sending your score report to 5 institutes as well. You have to select these 5 schools during the GMAT test.
7) When is GMAT held ?
GMAT is held throughout the year at various locations. You can book a test date and slot as per your wish as long as they are available.
You can even search for your nearest GMAT test centre and apply accordingly.
8) How do I book a GMAT slot ?
Create an account on the official website of GMAC and book your test slot.
9) Can I reschedule or cancel my GMAT appointment ?
Yes, you can. To reschedule, you shall be charged accordingly:
- More than 7 calendar days before your test - Rs. 3400* (approximately)
- Within 7 calendar days before your test - Rs. 17, 000* (approximately)
- Within 24 hours of your test: Not allowed
Note* - The reshuffling fee is subject to the discretion of GMAC.
Refund if you cancel your GMAT appointment:
- Cancel more than 7 calendar days before your test - Refund of Rs. 5500 (approximately)
- Cancel within 7 calendar days before your test - No refund
- Cancel within 24 hours of your test - Cancellation not allowed
10) What basic skills do I need to crack the GMAT?
Logical and analytical skills are at the core of every question in the GMAT - even essays, verbal and quantitative questions require sound thinking skills to succeed, over and above rote memorization of word meanings or formulae. The GMAT, more than any other standardised tests in the world, is about mastering the system and performing within its constraints, so discipline is also important.
11) I want to take the GMAT. How do I start ?
- Before starting, you need to be sure about certain things:
- Whether an MBA in a top international Business School is right for you
- You need to be sure about the timeline of application (so as to maximise your chances of getting accepted)
- You need to make sure that you can give yourself the time to prepare in whatever window you choose
12) When is the GMAT test available?
- The GMAT is a computerised test which is available all year-round at testing centres globally
- You must book an appointment to appear for the test
- Testing centres operate on individual schedules with some open on weekends, and most have morning and afternoon slots available
13) What does the GMAT test you on ?
The objective of the GMAT test is to assess your suitability (i.e. your aptitude) for graduate management programmes. Therefore, the GMAT tests your analytical reasoning and critical thinking capabilities through 4 different sections:
- Analytical Writing
- Integrated Reasoning
- Verbal Reasoning
- Quantitative Aptitude
14) GMAT is a computer adaptive test. What does that mean? How does the GMAT CAT work?
GMAT is a question-wise adaptive test, which effectively means that GMAT adapts itself to your performance while you are taking the test. While the test typically starts with a medium difficulty question, the question's difficulty level changes based on whether you are getting questions right or wrong. If you are getting questions right, the question difficulty level rises and you start seeing more difficult questions. Likewise, if you are getting questions wrong, you start seeing easier questions. Based on your performance in the test section at different difficulty levels, your score is calculated.
Since the next question is generated based on your performance in current question(s), you can’t revisit a previous question.
Also, you MUST answer a question (regardless of whether you are able to solve it or not) in order to proceed to the next question.
15) What documents do I need to carry on the day of the test?
If you are a Non-US applicant (e.g. if you are from India),
- You must carry a valid passport with a recent, recognisable photo (mandatory)
- Appointment Confirmation Letter / Email sent by Pearson VUE
16) What is the GMAT exam format / structure ?
GMAT is a 3.5-hour (excluding two 8-minute optional breaks) consisting of: (in this order)
- Analytical Writing (1 essay task - 30 minutes)
- Integrated Reasoning (12 questions - 30 minutes)
- Verbal Reasoning (41 multiple choice questions - 75 minutes)
- QuantitativeAptitude (37 multiple choice questions - 75 minutes)
17) Is calculator allowed on the GMAT test day?
No. An on-screen calculator is available while answering the Integrated Reasoning section of the test. Calculators are not allowed in other sections.
18) While taking the GMAT test, if I suddenly get an easy question, does that mean that I got the previous question wrong?
Don’t panic. You might have encountered one of the experimental questions. Also, the GMAT’s algorithm does not work in a simple, linear format – it is more complex than we think it is.
Therefore, it is technically possible for you encounter an easy question even if you are getting questions right. Finally, remember that ‘easy’ is a relative term – what seems easy to you might not be easy to others. Therefore, don’t waste your test time thinking on these silly things and instead, focus on the upcoming questions.
19) Are all questions on the GMAT scored? What are experimental / unscored questions on GMAT? Why does GMAT include experimental questions?
Not all questions that you see on GMAT are scored. In fact, 10-25% of the questions that you encounter in Verbal and Quantitative sections are experimental questions.
Experimental questions are questions marked by GMAC for future use. GMAC benchmarks your performance in the experimental questions against your performance in the questions that are scored. This information is utilised to assess the level of experimental questions so that they can be administered to candidates in future.
20) How many times can I take the GMAT?
You can retake the GMAT up to 5 times in any 12-month period, but no more than once in any 16-day period.
You can request to GMAC in writing if you want to take it more than that, but applications are only considered after you have actually taken the 5th test. You must have good reason to make the request or it will not be considered. Also, if you score an 800 on the exam, you will not be allowed to retake the test for another 5 years!
21) What is the validity of a GMAT score?
The GMAT test score is valid for five years.
22) How long are GMAT scores valid?
GMAT scores are valid for five years, and are available for reporting for up to 10 years. Scores over 10 years old are not available.
23) What is a good GMAT score to get into a B-School ?
There are no “good” or “bad”, “pass” or “fail”, “cut-off” scores in GMAT. Basically, a good GMAT score is a score that helps you secure a B-school admit of your choice.
24) Does GMAT penalize candidates for not completing a section ?
Yes. GMAT penalizes you if you run out of time and are not able to complete the section. Therefore, it is also important to focus on time-management aspects on the test. This is something that can be perfected only with practice.
25) Once I take the GMAT, when will I see my scores?
GMAT offers a ‘Score Preview’ feature where your unofficial scores in GMAT Verbal, Quantitative and Integrated Reasoning along with your total score (out of 800) is displayed just after the test completion, which is right after you submit the last question of the last section. You will have a 2-minute window to accept or cancel the scores. If you accept the score, you shall receive a printed copy of your GMAT unofficial score report.
Your GMAT Official Score Report (including scores in all sections) will be generated within 20 days after taking the test. A link to this score will be mailed to you. Simultaneously, your official score reports shall be dispatched to the schools you had selected on the test day. Once the official score report is available, you shall be able to request for additional score reports to be sent to other B-schools from your GMAC account.
26) Can I cancel my GMAT score?
- Yes. GMAT allows you to cancel your GMAT score during ‘Score Preview’ at the test venue as well as within 72 hours of the test
- You can cancel your test score during the ‘Score Preview’ just after the test
- You can cancel your test score later as well; within 72 hours of taking the test by paying a fee of Rs. 1700 (approximately)
27) Can I re-instate a cancelled GMAT score?
Yes. A cancelled GMAT score can be re-instated up to 4 years and 11 months from the date of the exam by paying a fee of Rs. 3400 (approximately).
28) How to send GMAT scores to B-schools?
You can login to your GMAT account and send your GMAT scores.
29) How important are GMAT sectional scores?
Unlike popular belief that getting a 700 out of 800 on the total GMAT score is all that is required, B-school admission committees actually look at your scores minutely. Your AWA score, IR score, Verbal section score and Quantitative score are all weighed by the B-schools, not just your total score. Different admission committees have different requirements: while some B-schools look for a balanced score across all sections, few others look for a high quantitative section score.
30) How important is the GMAT score for B-school admissions?
GMAT is a part of your B-school applications, not the B-school application itself. Most B-school admission committees look at a profile from multiple aspects.
This also explains the wide range of GMAT scores of admitted candidates in top B-schools. One of the best-known B-schools – University of Chicago: Booth has a score range of 570 – 780 for the admitted class of 2017.
B-schools look at your career goals, work experience, the diversity that your profile brings in, recommendations, internships, undergrad performance, achievements, extra-curricular activities, etcetera. All these and your GMAT and English language test scores must add up to communicate a single, consistent storyline about you.
31) I am not happy with my GMAT score. Can I retake the GMAT?
Yes. You can retake the GMAT again, but only 16 days after your last/ previous GMAT attempt.
32) How many times can I retake the GMAT?
While there is no cap to the number of attempts, you can take the GMAT up to 5 times in a calendar year (365 days from the first attempt).
33) Is it common to retake the GMAT ?
Yes. Approx 20% of those who take the GMAT are actually retakers.