Graduate Management Admission Test (GMAT)
The Graduate Management Admission Test (GMAT) is an internationally recognized entrance exam designed for aspirants aiming to pursue graduate management programs, such as an MBA, at prestigious business schools worldwide. This guide provides an in-depth look at the GMAT, including its structure, fees, eligibility, syllabus, and preparation tips.
What is GMAT?
The GMAT is a computer-adaptive standardized test that evaluates candidates on analytical, writing, quantitative, verbal, and reading skills. It is accepted by over 2,400 institutions globally, including top business schools like Harvard, Stanford, INSEAD, and the IIMs for executive MBA programs.
Key Highlights of GMAT Exam
| Feature | Details |
|---|---|
| Exam Name | Graduate Management Admission Test (GMAT) |
| Conducting Body | Graduate Management Admission Council (GMAC) |
| Exam Level | International |
| Mode of Exam | Computer-Adaptive Test (CAT) |
| Frequency | Available year-round |
| Languages | English |
| Application Fee | USD 275 |
| Duration | 3 hours and 7 minutes |
| Sections | 4 (AWA, IR, Quant, Verbal) |
| Total Score Range | 200 to 800 |
Eligibility Criteria
Unlike some entrance exams, the GMAT does not have stringent eligibility requirements. However, candidates should meet the criteria of the institutions they wish to apply to.
- Educational Qualification:
- A bachelor’s degree from a recognized institution is generally required.
- Age Limit:
- Minimum age is 18 years.
- Candidates between 13 and 17 years need parental consent to take the test.
- Number of Attempts:
- You can take the GMAT up to 5 times in a 12-month period.
- Lifetime limit: 8 attempts.
Exam Pattern
The GMAT assesses candidates across four sections, with a computer-adaptive format for the Quantitative and Verbal sections:
| Section | Number of Questions | Time Allotted |
| Analytical Writing Assessment (AWA) | 1 Essay | 30 minutes |
| Integrated Reasoning (IR) | 12 Questions | 30 minutes |
| Quantitative Reasoning | 31 Questions | 62 minutes |
| Verbal Reasoning | 36 Questions | 65 minutes |
Application Process
- Registration:
- Visit the official GMAT website (www.mba.com).
- Create an account and select your preferred test center or online exam option.
- Choose Exam Date:
- Select a convenient date and time from the available slots.
- Pay Application Fee:
- Pay the USD 275 fee online using a credit/debit card or other available payment methods.
- Prepare for Exam Day:
- Familiarize yourself with the rules and guidelines.
Syllabus Overview
| Section | Topics Covered |
| AWA | Argument Analysis, Writing Skills |
| IR | Data Interpretation, Graphics Analysis, Table Analysis |
| Quant | Arithmetic, Algebra, Geometry, Word Problems |
| Verbal | Reading Comprehension, Critical Reasoning, Sentence Correction |
Preparation Tips
- Understand the Format: Familiarize yourself with the structure and type of questions.
- Use Official Resources: Leverage GMAC’s official guides and practice tests.
- Create a Study Plan: Allocate time for each section based on your strengths and weaknesses.
- Take Mock Tests: Simulate real exam conditions to build confidence and improve time management.
- Focus on Weak Areas: Dedicate extra time to sections where you need improvement.
GMAT vs. CAT: A Quick Comparison
| Feature | GMAT | CAT |
| Conducting Body | GMAC | IIMs |
| Frequency | Year-round availability | Once a year |
| Global Acceptance | Accepted worldwide | Primarily in India |
| Mode | Computer-Adaptive | Computer-Based |
| Application Fee | USD 275 | INR 2400 (General Category) |
| Score Validity | 5 Years | 1 Year |
Fee Structure for Top MBA Colleges Accepting GMAT
| Institute Name | Average Fee (INR) | Average Placement Package (INR) |
| INSEAD | 80-90 Lakhs | 1.2-1.5 Crore |
| Harvard Business School | 1-1.2 Crore | 1.5-2 Crore |
| London Business School | 75-85 Lakhs | 1-1.2 Crore |
| ISB Hyderabad | 39-40 Lakhs | 34-36 Lakhs |
| IIM Ahmedabad (eMBA) | 24-25 Lakhs | 32-35 Lakhs |
Conclusion
The GMAT is an essential step for aspiring management professionals looking to secure admission into top business schools globally. With a well-structured preparation plan, a clear understanding of the exam pattern, and the right resources, you can excel in the GMAT and achieve your career goals. Start your preparation today to embark on an exciting journey toward a successful management career.
