The GMAT is a computer-adaptive exam to evaluate a candidate’s verbal, mathematical, and data interpretation abilities. GMAT Focus Edition is the most recent edition of the GMAC (Graduate Management Admission Council) exam. The cost of the GMAT exam in India is USD 275 for testing in person and USD 300 for taking the exam online. The majority of applicants taking this test do so to apply for admission to MBA programmes overseas or master ‘s-level finance courses at prestigious international business institutions. GMAT exam dates are available year-round on various monthly dates, making GMAT enrollment simple. This post will clarify several GMAT-related issues for overseas applicants.
According to GMAC, nine out of ten new enrollments are made using a GMAT score for admission to MBA programmes or other business-related programmes at different B-schools for international students. After January 31, 2024, the GMAT exam will no longer be offered. Instead, candidates can only register for the GMAT Focus Edition. The last day of January this year is when the GMAT registration option will close. However, the GMAT and GMAT Focus Edition results are valid for five years.
GMAT 2024: Key Highlights
The key highlights of the GMAT 2024 are as follows:
Exam Name | GMAT |
GMAT full form | Graduate Management Admission Test |
Official Website | https://www.mba.com |
Most popular for | MBA in abroad and in India |
Also accepted for | MS courses abroad + MBA courses in India |
Conducted by | GMAC (Graduate Management Admission Council) |
Mode of Exam | Computer-based adaptive test |
GMAT Fees in India | USD 300 (online) and USD 275 (at a test centre) |
GMAT Score Range | Min 200, Max 800 |
GMAT Contact | Phone: +91 120-439-7830, 9 a.m. to 6 p.m. Indian Standard Time Fax: +91-120-4001660. Contact: https://www.mba.com/service/contact-us.aspx |
GMAT: What Is It?
The mathematical and verbal reasoning components of the GMAT entrance exam are designed to assess candidates’ analytical skills. Students do not need to prepare for management-related topics, even though the GMAT is intended for MBA admissions. The GMAT evaluates your verbal and fundamental math abilities necessary to succeed in B-School coursework. Therefore, students without a background in management shouldn’t worry about preparing for the GMAT. Students can take this entrance exam, which is designed to assess their reasoning ability, by taking the GMAT.
GMAT Complete Form
The Graduate Management Admission Test, or GMAT for short, is a prerequisite for admission to postgraduate business level courses in various countries, including MBA programmes. GMAC administers the GMAT in around 100 major countries for applicants to graduate business programmes. Applicants may register for the GMAT any time of year, and their ability to sit for it depends on the exam centre’s availability.
GMAT Focus Edition
GMAC has declared the GMAT Focus Edition to be available. According to the official website, the new GMAT Focus Edition emphasises “higher-order critical reasoning and data literacy skills,” which should have been created to match the demands of the modern corporate world. The official debut of the GMAT Focus Edition prep materials took place in June 2023, coinciding with the GMAT Focus Edition release date.
Although the most recent edition of the GMAT is currently accessible, candidates can still register for the previous exam. Candidates will only be able to register and apply for the GMAT Focus Edition starting on February 1, 2024. Students who have studied hard for the current GMAT exam need not worry, as it will be available until at least early 2024.
GMAT Eligibility 2024
As a result, GMAC, the organisation that administers the GMAT, has not established predetermined requirements for taking the test. However, after taking the GMAT, a person should always be able to meet the requirements set forth by the college or university they want to attend.
GMAT Exam Age Requirements
- The applicant needs to be at least eighteen years old.
- The candidate’s age has no upper restriction.
- If the candidate is between the ages of 13 and 17, they must obtain written consent (NOC) from their parents or legal guardian.
Prior Experience Requirement for the GMAT Exam
The GMAT does not require work experience. Its primary goal is to assess academic aptitude and competencies relevant to graduate management education. MBA programs, on the other hand, may require several years of work experience.
Educational Qualification for the GMAT Exam
- GMAC has not announced an official statement regarding the qualifications required to appear for the GMAT.
- Candidates who want to enrol in an MBA programme should have a graduate degree in any discipline from a recognised university.
GMAT Registration 2024
It is recommended that students plan their GMAT exam 2024 and reserve their slots well in advance. According to GMAC, applicants can register for the GMAT six months before the GMAT Test date or up to 24 hours beforehand.
Methods for 2024 GMAT Registration:
- Internet
- Over the phone by postal mail
In addition to distinct processes for the GMAT schedule, there are nine steps to register for the GMAT.
GMAT Exam Fees 2024
The cost of the GMAT exam in India is USD 275 for the in-person exam and USD 300 for the online version. Additionally, applicants must pay a charge to postpone or reschedule their GMAT 2024 exam. Candidates who fail to appear for the test will incur the whole cost of the GMAT exam.
Head | Test Centre GMAT | Online GMAT |
GMAT Exam Fees In India | $275 | $300 |
Enhanced Score Report | $30 | NA |
Additional Score Report | $35 per report | $35 per report |
GMAT Score Cancellation | $25 | NA |
Reinstate GMAT Score | $50 | NA |
GMAT Rescheduling Fee
You will be required to pay US$165 for the GMAT exam at the test centre and $180 for the online version. If you choose to reschedule the GMAT exam that was booked at a test centre one to fourteen days before the test date. Additionally, you must pay US$110 for the GMAT exam taken in person and $120 for the online version if you need to reschedule the exam between 15 and 60 days before the scheduled appointment. You will be required to pay $55 for the GMAT in-person exam and $60 for the online exam if you choose to reschedule it more than sixty days before the scheduled test date. The GMAT rescheduling fee for both the online and test-center versions of the exam is detailed in the table below.
Time | Test Centre GMAT | Online GMAT |
More than 60 days before the appointment | $55 | $60 |
15 to 60 days before the appointment | $110 | $120 |
1 to 14 days before the appointment | $165 | $180 |
GMAT Refund Policy Fees
If you cancel the exam that is scheduled to take place there one to fourteen days before the test date, you will be charged $220 for a test centre GMAT exam and $240 for an online GMA. If you cancel the exam 15 to 60 days before the scheduled appointment, you will be charged $195 for a GMAT taken in person and $210 for one taken online.
Additionally, you will be charged $165 for a GMAT taken in a test centre or $180 for an online GMAT if you cancel the test more than 60 days before the scheduled date. Additionally, there is no way to postpone or change within a day of the test’s scheduled date and timing. The GMAT exam cancellation cost for the online GMAT exam and the test centre GMAT exam 2024 is provided in the table below:
Time | Test Centre GMAT | Online GMAT |
More than 60 days before the appointment | $165 ($110 refund) | $180 ($120 refund) |
15 to 60 days before the appointment | $195 ($80 refund) | $210 ($90 refund) |
1 to 14 days before the appointment | $220 ($55 refund) | $240 ($60 refund) |
GMAT Exam Dates 2024
The official GMAT exam date for 2024 is not set; instead, you can select any date that works best for you and your schedule. You get sixteen calendar days to retake the GMAT if necessary. The GMAT exam is available for you to take once every sixteen calendar days. You are limited to five annual exam appearances (12 months) and eight overall exam appearances. It is advised that candidates register two to three months before the exam date. You can register as late as 24 hours before the GMAT exam date if you do it over the phone or online. However, it is more secure to register for the GMAT early because you will have a set plan your exam preparation appropriately. Even while coaching programmes advise enrolling at the latter date that is available, you should still register for the GMAT well in advance to give yourself plenty of preparation time.
GMAT 2024 Exam Pattern
The GMAT pattern comprises of four sections:
- Analytical Writing
- Integrated Reasoning
- Quantitative Reasoning
- Verbal Reasoning
Additionally, during the GMAT exam, applicants may take two optional eight-minute breaks. Learn in-depth information about the GMAT Exam Pattern.
GMAT 2024 Syllabus
The maximum score on the three-and-a-half-hour GMAT exam is 800 points. The GMAT evaluates a candidate’s skills based on several factors. Moreover, there are four sections in the GMAT syllabus:
- Analytical Writing Assessment: Evaluates candidates’ critical thinking and idea communication skills
- Integrated Reasoning: Assesses a candidate’s capacity for data analysis and information evaluation across formats.
- Quantitative Reasoning: Assesses candidates’ capacity to evaluate information and make deductions through reasoning
- Verbal Reasoning: This test assesses the candidate’s capacity to read and comprehend written content, assess arguments, and edit written content to adhere to accepted writing conventions in English.
GMAT Score 2024
The candidates receive almost the entire GMAT Score Report after finishing the GMAT test except for the AWA Score. The candidate will have the option of accepting it or rejecting it. In the case of accepting the result, the candidate and the institutes of choice can view the result; but if the candidate declines the result none of the parties will be able to view the GMAT result. Once the exam is over, candidates can download the non-official GMAT result. Finally, the candidates receive the complete GMAT Score Report within 20 days of taking the test including the AWA Score. GMAT score chart will vary based on how correctly the questions are answered.
GMAT Score Calculation
Each of your four GMAT parts, or five GMAT scores, and the overall score, are displayed on a set scale. Your GMAT Score Report displays these as your official scores. These scores will be awarded to the receivers of your chosen scores.
Never forget that the verbal and quantitative scores on the GMAT Total Score Report are the only ones considered.
The following components make up the GMAT Score Report:
- 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)
GMAT Score Range
Here is the minimum and maximum GMAT score range of each section, along with a mean average:
Section | Score Range | Mean Scores |
Analytical Writing Assessment | 0-6 | 4.5 |
Integrated Reasoning | 1-8 | 4 |
Verbal | 0-60 | 27 |
Quantitative | 0-60 | 38 |
Total | 200-800 | 548 |
GMAT Exam Score Validity
Candidates should be aware that their GMAT scores—for both the GMAT Focus Edition and the older version—are valid for five years. As a result, applicants must confirm the dates for applying to different colleges and plan their GMAT appointments appropriately. Students must also conduct research on various study abroad intakes and MBA application deadlines to prevent any last-minute problems.
How Can I access the GMAT Score Report Online?
Application materials and the GMAT exam in 2024 need to be scheduled well in advance. To view the report on your GMAT score:
- GMAC sends a link to candidates’ registered email addresses.
- Candidates can verify their official GMAT score report using the website provided by following the directions in the email.
GMAT 2024 Preparation
To study efficiently on your own, you will need study materials, self-discipline, motivation, and a few decent GMAT books and resources. On the other hand, enrolling in a GMAT coaching centre nearby is a preferable choice if time is of the essence and you feel that you need expert advice to guarantee a competitive edge in your preparation.
GMAT Sectional Prep Tips 2024
Check out the following section-wise preparation tips for the GMAT exam in the following section:
- Analytical Writing Assessment on the GMAT: This portion evaluates the students’ capacity for argument analysis.
- GMAT Quantitative test: This test assesses students’ foundational knowledge of mathematics.
- GMAT Verbal Section: This section assesses candidates’ comprehension and reading skills of written content.
- GMAT Integrated Reasoning portion: This portion assesses applicants’ capacity to evaluate data provided in various formats from various sources.
GMAT 2024 Test Centres
You should choose the test centre when you are ready to take the exam in the next 2-3 months as you have to book in advance. You should choose the city closest to you so you don’t have to travel much before the exam. After selecting the state/city, you can check the test schedule at the nearest GMAT test centre.
GMAT Colleges 2024
GMAT test aspirants can apply for over 7,700 programs at approximately 2,400 business schools worldwide. In addition, the world’s leading business schools such as Harvard, INSEAD and Stanford accept GMAT scores above 720. In addition, business schools can accept GMAT scores for new graduates. GMAT score is one of the most important factors in the entire application process for admission to top B-schools worldwide. GMAT is accepted in more than 110 countries around the world. Additionally, those targeting schools that also accept GRE scores and GMAT scores may also need to know about converting GRE scores to GMAT to convert their scores.
Best Indian Universities That Accept GMAT for MBA
Consider the table below, showing the best Indian MBA colleges that accept GMAT and the courses they offer:
Indian MBA College Accepting GMAT Exam | MBA Course Name |
ISB Hyderabad | Post Graduate Programme in Management |
IIM Ahmedabad | MBA-PGPX |
IIM Bangalore | Executive Post Graduate Programme in Management (EPGP) |
IIM Calcutta | MBA for Executives Programme |
XLRI | PGDM (GM) |
IIM Indore | Executive Post Graduate Programme in Management (EPGP) |
SP Jain (SPJIMR) | PGDM |
Great Lakes Institute of Management (GLIM) | PGDM |
IMT Ghaziabad | PGDM |
XIMB | MBA-BM |
These are just a few of the best MBA programmes in India that acknowledge GMAT results. Before deciding to apply or be admitted, it is crucial to investigate and contrast all the selected colleges’ admission standards, programmes, and reputations.
GMAT Scholarships
B-schools typically award grants and scholarships to students who want to enrol in professional programs like the MBA. Furthermore, scholarships may be granted based on merit or need, but there are no predetermined guidelines for GMAT scholarship recipients in 2024. To be eligible for a scholarship, a candidate should always verify with the institution directly as it varies depending on its admissions policy. Additionally, there are two types of scholarships: partial and complete. A partial scholarship only pays for a portion of the course fee; a full scholarship covers the entire programme cost. We have also provided comprehensive information on GMAT scholarships available to students in India.
Conclusion
The Graduate Management Admission Test (GMAT) is a computer-adaptive exam that evaluates a candidate’s verbal, mathematical, and data interpretation abilities. The GMAT Focus Edition, available in India for USD 275 for in-person testing and USD 300 for online testing, is a prerequisite for admission to postgraduate business-level courses in various countries. GMAC administers the GMAT in around 100 major countries and can be registered at any time of year. Applicants must meet requirements set by their desired college or university, be 18 years old, and have a graduate degree from a recognized university.
FAQs
What is the GMAT exam?
The GMAT, or Graduate Management Admission Test, is a standardized test used to assess the skills of candidates seeking admission to graduate management programs, such as MBA programs.
What sections are included in the GMAT exam?
The GMAT exam consists of four main sections: Analytical Writing Assessment (AWA), Integrated Reasoning (IR), Quantitative Reasoning, and Verbal Reasoning.
How long is the GMAT exam?
The total testing time for the GMAT exam is approximately 3 hours and 30 minutes, including breaks. However, candidates should plan for a total appointment time of approximately 4 hours.
How is the GMAT exam scored?
The GMAT exam is scored on a scale of 200 to 800 for the Verbal and Quantitative sections. The AWA section is scored separately on a scale of 0 to 6, and the Integrated Reasoning section is scored on a scale of 1 to 8.
Kanishka Garg specializes in crafting informative content on study abroad education. Her passion lies in simplifying the journey for students through SEO-optimized articles and blogs. Kanishka’s commitment to clear communication and her deep understanding of international admissions processes make her blogs essential for students aiming to gain insights into top universities worldwide. With Kanishka’s blogs, students can confidently get solutions to the complexities of applying to their dream universities and achieve their academic aspirations abroad.
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