GMAT Overview | AdmitKard
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GMAT Overview

PBPiyush Bhartiya
Updated OnMay 24, 2022

GMAT 2022

GMAT stands for The Graduate Management Admission Test (GMAT), is a standardized test that assesses a test taker's ability in mathematics, verbal abilities, and analytical writing. The GMAT is the most prevalent test used by business schools to determine whether or not a student is qualified for an MBA program. Representatives from numerous institutions, including Harvard and Columbia, convened in 1953 to propose the construction of a standardized business schools admission test. Members from the Educational Testing Service, often known as ETS, which conducts the Test of English as a Foreign Language (TOEFL) and the Graduate Record Examination (GRE), took part in the conversation. They collaborated to establish the Admission Test for Graduate Business Studies (ATGSB). In 1954, around 4,200 persons took the ATGSB. Because it is the most extensively utilized test for MBA admissions almost immediately.

While the GMAT has seen a few changes over the previous 60 years, it remains the most widely used test for MBA admissions, with 200,000 students taking the exam each year.

What is GMAT?

The GMAT is a computer-adaptive examination that evaluates applicants' analytical writing, quantitative, verbal, and reading abilities in standard was written English. It requires a thorough understanding of specialized language as well as precise mathematics, geometry, and arithmetic. GMAC, the test's creator, contends that the GMAT assesses insightful writing and problem-solving skills, as well as data competency, rationality, and critical thinking skills, all of which it believes, is important in real-world business and management performance.

GMAT exam eligibility

GMAC, the organization that administers the GMAT test, has not established any qualifying requirements for taking the exam. However, after taking the GMAT, one must always fulfil the eligibility requirements given by the university/college one wishes to attend.

Following are the eligibility and requirements for the GMAT exam:

  • Applicants must have a minimum educational level from a recognized institution or college.
  • Entrants would have to be at least 18 years of age; if they are under the age of 18, a legal guardian must sign a no-objection certificate.
  • To take the GMAT, an applicant must have a valid passport.
  • Applicants can only take the GMAT 5 times each year and 8 times in their lifetime.
  • Candidates may only take the GMAT after 16 days have passed since the last test.
  • Although there is no formal need for job experience, leading business schools throughout the globe desire it.

Why give the GMAT exam?

Because the GMAT exam is an international examination (administered in 114 countries) with objective evaluation standards, it has a stronger track record of predicting academic performance than undergraduate grade point average (GPA), which might vary depending on a school's regulations and business curriculum. Because admissions committees are aware of this, they place a high value on GMAT test results when making enrollment choices.

As a consequence, choosing the appropriate GMAT preparation plan might mean the difference between getting accepted or rejected from one of the 7000 MBA and master's courses offered by the over 2300 institutions that need or accept GMAT results. The GMAT test is extremely crucial for prospective MBA students since 90% of new MBA admissions choices are based on a GMAT score.

Why is the GMAT exam required?

GMAT is the one business school test that will set you apart from the crowd by demonstrating your dedication, drive, and aptitude to excel in business school. It also assesses your analytical thinking and reasoning abilities, which are two of the most important talents for graduate business programs throughout the globe. Through individualized program suggestions, it assists you in finding the best-fit program. It also raises your income ability and expands your horizons.

Where is the GMAT exam required?

The GMAT test is used by business schools to make admissions choices. The GMAT test is used as part of the selection criterion for over 7,000 programs at 2,300 institutions and organizations in 110 countries. The GMAT test has been the most extensively utilized exam for MBA admissions for over 60 years. An entrance test score is required for 9 out of 10 candidates to the top 100 MBA schools. Seven out of ten of those who apply to take the GMAT test.

GMAT Exam Highlights

Level of exam

Entrance exam 

Organizing body

GMAC – Graduate Management Admission Council

Types

Single computer-adaptive test

Popular for

Is the most widely-used exam for MBA admissions

Modes of exams

GMAT Online

In-Centre GMAT

Fees

275 $ - (approx INR 20,600)

Score range

200 to 800

Skills testing parameters

Analytical Writing

Integrated Reasoning

Quantitative Aptitude 

Verbal Reasoning 

Test centres

39 test centres

GMAT Contact Details

Website

www.mba.com

E-mail

[email protected] pearson.com

Telephone

+91 120-439-7830

Online Enquiry

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

GMAT updates

GMAC has released the most recent version to the GMAT Online Test.

  • A candidate's ability to take the GMAT test online will no longer be restricted to two attempts. The online efforts will count against the GMAT's overall restriction of 5 tries per rolling 12-month period and 8 attempts per lifetime.
  • Five free score reports are included with the GMAT online test. Once the official online test score is released, the 5 free score sheets must be utilized within 48 hours. For US$35 apiece, additional score reports may be ordered.

GMAC has announced that the Aadhar Card would be accepted for the GMAT Online Exam: GMAC, the organizer and owner of the Graduate Management Admission Test (GMAT), has stated that effective April 8, 2021, they would consider Aadhar cards as sufficient ID verification for the GMAT Online test. During the registration procedure, applicants will be asked to verify their identity via their Aadhar Card or Passport.

GMAT VS CAT

Both GMAT and CAT are required for Masters in Business Administration, but as an Indian Student, you need to know the difference between GMAT and CAT and which one is better for you while planning for business schools.

GMAT

CAT

Conducted by GMAC and is accepted universally for MBA and finance programs in all leading universities. Several Indian B-Schools have now started considering the GMAT for admissions. No such cut off rule. You score should match the university requirements.

Conducted by IIMs across India and is accepted by mostly Indian B-Schools.

You can give GMAT five times, each at a gap of 16 days

You can appear for the test only once a year.

Section selection choice offered.

One section pattern followed.

$250

INR 1600

GMAT Verbal and Quant Section scores can be known after the test. The official result takes up to three week's time.

One fixed date for results.

GMAT scores are valid for five years.

CAT scores are valid for only one year

Accepted in India as well as abroad (USA, UK, Singapore, etc.)

Accepted in India, mainly for IIMs.

Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal Ability

Quantitative Aptitude, Data Interpretation, Logical Reasoning, and Verbal Ability.

210 Minutes

180 minutes

GMAT score requirements differ with countries and universities.

CAT test cutoff, followed by Group Discussion or Writing Test and Personal Interview, another cut off and then the admission list comes ou

FAQS

Que. What is the contrast between the GMAT and the GRE?

Ans. The GMAT is a standardized exam for business school entrance, while the GRE is necessary for graduate school entrance. Certain business institutions have now begun to accept the GRE as well. The GMAT test has a Verbal and Quantitative part, similar to the GRE. The two portions of the GMAT are combined to get an 800 composite score.

Que. What is a computer adaptive test, and how does it work?

Ans. The GMAT is a computer-adaptive exam, which means it adjusts to the candidate's performance while he is taking the test. Depending on whether the applicant answers the questions correctly or incorrectly, the degree of difficulty of the questions varies. If the entrant answers the questions correctly, the difficulty of the questions will increase; conversely, if the applicant answers the questions incorrectly, the difficulty of the questions will decrease.

Furthermore, since the following question is produced depending on the applicant's performance in the prior question, the candidate is unable to return to the previous question. To advance in the test, the applicant must answer a question, regardless of whether he or she is competent to solve it.

Que. Can applicants have a preview of their results?

Ans. Students will not be able to see their test results at the completion of the exam, but they will be able to access them before choosing which schools to submit their marks.

Que. Do I get a break between the sections?

Ans. You can take an 8 – minute break scheduled according to the order of your sections. If not, you can skip and move on to the next section.

Comments(2)
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AshuThankyou for sharing. I have a qyeusme
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GauravNice information for gmat.
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About the Author
PB
Piyush Bhartiya
Study Abroad Expert & Co-Founder @ AdmitKard
Piyush values education and has studied from the top institutes of IIT Roorkee, IIM Bangalore, KTH Sweden and Tsinghua University in China. Post completing his MBA, he has worked with the world's # 1 consulting firm, The Boston Consulting Group and focused on building sales and marketing vertical for top MNCs and Indian business houses.