
Aprant AgarwalStudy Abroad Expert
The GMAT, also known as Graduate Management Admission Test, is a computer-adaptive test that assesses the candidates’ analytical writing, quantitative, verbal, and reading skills in standard written English. The GMAT Exam fees in India is US $275 (INR 22,800 approx.) at the GMAT test centre and US $300 (INR 24,600 approx.) for the online GMAT exam. This test is taken to get admission into a graduate management program, such as MBA and Masters in Finance-related courses in top business schools across the world. In this article, we will inform you about each and every aspect related to GMAT covering, GMAT Eligibility, GMAT Registration to GMAT Exam Pattern, and more. As per GMAC, 9 out of 10 new MBA enrollments take place with a GMAT score.
- GMAT Latest Updates
- What is GMAT?
- GMAT 2023: Key Highlights
- GMAT Eligibility 2023
- GMAT Exam Fees 2023
- GMAT Registration 2023
- GMAT Exam Dates 2023
- GMAT 2023 Exam Pattern
- GMAT Syllabus 2023
- GMAT Score 2023
- GMAT 2023 Preparation
- GMAT Question Paper 2023
- GMAT 2023 Test Centres
- GMAT Colleges 2023
- GMAT Scholarship 2023
- GMAT vs GRE
- GMAT 2023 FAQs
GMAT Latest Updates
Students can find all the updates related to the GMAT exam in this section. It is advised that the students visit this section regularly to stay updated about the latest happening and changes in the GMAT.
Announcement: GMAT Global Discount Campaign
GMAT Global Discount Campaign Launching July 19th! |
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GMAT Focus Edition
- GMAC has announced the launch of the GMAT Focus Edition. As per the official website, the new GMAT Focus Edition is expected to have been designed to meet the demands of the current business world as it focuses more on “higher-order critical reasoning and data literacy skills”. Here are a few points that will provide an overview of the GMAT Focus Edition:
- The GMAT Focus Edition will be for 2 hours and 15 minutes as opposed to the current GMAT version which lasts for 3 hours and 7 minutes.
- A new section called Data Insights (DI) has been introduced. Performance in the Data Insights (DI), Quantitative Reasoning (QR), and Verbal Reasoning (VR) will be a part of the final GMAT Score.
- QR will have 21 questions (45 minutes), VR will have 23 questions (45 minutes), and DI will have 20 questions (45 minutes). There will be an optional break of 10 minutes.
- GMAT Focus Edition syllabus too has changed with the removal of Sentence Correction and the introduction of the Data Insights section.
- GMAT Focus Edition release date was 6 June 2023 with the launch of the official GMAT Focus Edition 2023 prep material. The current GMAT 2023 version will be available at least until early 2024. Students who are well-prepared for the current GMAT exam 2023, must not be worried as the current version of the GMAT will be available until at least early 2024. Registration for both the GMAT exam formats opened from August 29, 2023 onwards.
Important: For a complete analysis of the GMAT Focus Edition, students must visit our GMAT Focus Edition article.
GMAT Online Exam
- Due to the COVID-19 pandemic, GMAC has introduced the GMAT Online Exam for those who wish to take the GMAT entrance exam from the convenience of their home rather than going to the GMAT test centre. Now candidates have the option to take the GMAT exam online or at a test centre near them.
- GMAT Online Exam Availability: With the GMAT Online Exam, candidates have the advantage of scheduling an online exam appointment up to 24 hours before an available testing slot. New appointments for the GMAT Online exam are available on a rolling basis.
- The number of GMAT online exam attempts will not be limited to 2 now. The online attempts will count toward the overall GMAT attempt limits of 5 in a rolling 12-month period, and 8 in a lifetime.
- GMAC Announces Acceptance of the Aadhaar Card for the GMAT Online Exam: From April 08, 2021, GMAC had announced the acceptance of the Aadhaar Card as valid ID proof for the GMAT Online exam. Candidates would be required to validate their identity using their Aadhaar Card or Passport during the registration process. Aadhaar Card is only accepted as valid ID proof for appearing for the online format of the GMAT test, the GMAT test centres will only accept a valid passport as ID proof.
Q: What is the latest news for the GMAT exam 2023?
In 2023, GMAC has announced the launch of the GMAT Focus Edition. The current version of the GMAT exam will be available until at least early 2024. Hence, candidates will have the option to register for both the GMAT exam formats. GMAT Focus Edition is significantly different from the current version of the GMAT 2023 exam. GMAT Focus Edition is shorter, has lesser sections (with the removal of AWA and SC), and has a newly introduced section called Data Insights (DI). The newly introduced section (DI) is loosely based on the Integrated Reasoning (IR) section of the current version of the GMAT exam 2023. For complete and the latest information on the GMAT Focus Edition, students are advised to check our GMAT Focus Edition article from time to time.
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What is GMAT?
GMAT full form is Graduate Management Admission Test, which is required for MBA admissions abroad. The GMAT entrance exam is meant to judge the analytical abilities of the candidates in the quantitative section and verbal reasoning sections. Even though the GMAT exam is meant for MBA admissions, students are not required to prepare anything related to management. GMAT judges the basic mathematical and verbal skills that are required for you to survive your B-School academics. Hence, students who do not belong to management background must not be worried about their GMAT preparation.
Why Take the GMAT Exam?
It is the most widely accepted exam for MBA admissions worldwide. No other exam has as wide acceptability as GMAT, as per the GMAC, globally 9 out of 10 MBA enrollments are made through GMAT Score. Further, 2,400+ schools accept GMAT Scores for giving admission. Also, there are 650 testing centres in 115+ countries that administer the GMAT Exam. Other benefits of taking the GMAT entrance exam include its validity for 5 years. In case a student scores well and wants to gain so work experience, he/she can utilize that GMAT score for 5 years. Read: Know how GMAT exam is much more than an MBA entrance test
Q: Can you provide an overview of the GMAT exam 2023?
The GMAT full-form is the Graduate Management Admission Test, which is a standardized test that measures the quantitative and verbal skills of the candidates. The GMAT exam consists of 80 questions that are supposed to be answered in 3 hours and 7 minutes. The score range is from 200 to 800. GMAT is quite popular amongst candidates who wish to pursue MBA or MIM degrees. This is reflected in the fact that 80% of students prefer GMAT scores for their B-school applications. Moreover, the acceptability of the exam is high as more than 7,700 programmes at 2,400 academic institutions spanning across 110 countries accept GMAT. Moreover, GMAC has brought in the new GMAT Focus Edition 2023. The current version of the GMAT exam 2023 will be available until at least early 2024.
GMAT 2023: Key Highlights
Head | GMAT Exam Details |
---|---|
Exam Name | GMAT |
GMAT full form | Graduate Management Admission Test |
Official Website | https://www.mba.com |
Most popular for | MBA courses outside and in India, check 500 + colleges on Shiksha |
Also accepted for | MS courses outside India MBA courses in India |
Conducted by | GMAC (Graduate Management Admission Council) |
Mode of Exam | Computer-based adaptive test |
GMAT fees in India | US $275 (INR 22,800 approx) for the GMAT exam at the test centre and US $300 (INR 24,600 approx) for the online GMAT exam |
GMAT Score Range | Min 200, Max 800 (for the current version of the GMAT 2023 exam) |
GMAT Contact | Phone: +91 120-439-7830, 9 a.m. to 6 p.m. Indian Standard Time |
GMAT Eligibility 2023
As such, there are no set criteria for GMAT eligibility set by GMAC (the conducting organization of GMAT) for appearing for the GMAT exam. However, one should always meet the eligibility criteria set by the university/college one aspires to get into after giving the GMAT.
GMAT Age Criteria
- The candidate must have completed 18 years of age
- There is no upper age limit for the candidate
- If the candidate is between 13 to 17 years old, they should have permission in writing (NOC) from their parents or legal guardian
Educational Qualification for GMAT Entrance Exam
- GMAC has not announced any official statement regarding the qualifications required to appear for GMAT
- Candidates who wish to enrol in an MBA programme should possess a graduate degree in any discipline from a recognized university
Q: What is the eligibility criteria for GMAT? Which colleges accept GMAT score in India?
In terms of academic requirements for taking the GMAT, we find that GMAC, the organisation responsible for administering the test, has not formally established any standards. As a result, candidates are not required to have a specific educational background or degree to take the GMAT. However, the bulk of GMAT exam takers are working professionals or undergraduate students in their last year who want to continue in a management school. Candidates who do not fit under this category are nonetheless permitted to take the exam. Students should be aware that the GMAT eligibility requirements for 2023 differ from those for MBA college admissions. The minimal academic requirement for MBA colleges is typically an undergraduate degree.
It is vital to note that GMAT exam is being accepted by top B-Schools in India as well. Some of the top Indian MBA Colleges accepting GMAT scores include IIMs, SP Jain, XLRI, XIMB, Great Lakes Institute of Management, ISB Hyderabad, ISB Mohali, etc. GMAT cut-off for top Indian B-Schools can be gauged from the following points:
- GMAT cut off for IIM Ahmedabad is 720
- GMAT cut off for IIM Bangalore is 720
- GMAT cut off for IIM Lucknow is 710
- GMAT cut off for IIM Kozhikode is 700
- GMAT cut off for IIM Indore is 650
- GMAT cut off for Xavier School of Management is 720
- GMAT cut off for IMT Ghaziabad is 650
- GMAT cut of XIMB is 550
- GMAT score range for Great Lakes Institute of Management is 600-760
Q: I scored 40% in graduation. Am I eligible for GMAT exam?
Yes, you are eligible to appear for the GMAT 2023 exam. When it comes to the GMAT eligibility criteria 2023, there are no specific criteria set by the Graduate Management Admission Council (GMAC), the body that conducts the GMAT 2023 exam. However, there are a few general guidelines to keep in mind:
- Educational Qualification: For taking the GMAT 2023 exam, GMAC has not laid any specific eligibility criteria whether it is related to academic background or percentage in your undergraduate course. However, most business schools require a bachelor's degree or its equivalent from an accredited institution. It is essential to check the specific requirements of the schools you plan to apply to.
- Age Limit: There is no specific age limit for taking the GMAT exam. Individuals of any age can take the exam as long as they meet the educational qualifications mentioned above. GMAC requires the candidates need to be at least 18 years to take the GMAT 2023 exam. However, students that fall in the age group of 13 to 17 can attempt the exam given that they have written approval or consent provided by their legal guardians or parents (NOC).
- Prior Experience: The GMAT does not have any work experience requirements. It is primarily a test of academic abilities and skills relevant to graduate management education. However, MBA colleges might require certain years of work experience.
It is important to note that while GMAC does not have strict eligibility criteria for the GMAT 2023, individual business schools may have their own requirements for admission. It is vital to research the admission requirements of the MBA colleges you are interested in to ensure you meet their criteria.
GMAT Exam Fees 2023
The GMAT fees in India is $275 (nearly Rs. 22,800) for the GMAT exam taken at a test centre and $300 (nearly Rs. 24,600) for the online GMAT exam. In addition, if the applicants want to reschedule their GMAT 2023 exam or want to cancel it, they will have to pay a certain fee. Candidates who do not show up for the test will be charged full GMAT exam fees.
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 |
AWA Rescoring |
$45 |
$45 |
GMAT Cancellation Fee
If you cancel the GMAT exam scheduled at a GMAT test centre 1 to 14 days before the test date then you will be charged $220 in the case of a test centre GMAT and $240 in the case of an online GMAT. If you cancel the exam 15 to 60 days prior to the appointment then you will be charged $195 in the case of a test centre GMAT and $210 in the case of an online GMAT. And if you cancel the test more than 60 days prior to the appointment then you will be charged $165 in the case of a test centre GMAT and $180 in the case of an online GMAT. Moreover, the test appointment cannot be cancelled or modified within 24 hours of the scheduled test and time. The table given below provides the GMAT exam cancellation fee for the test centre GMAT exam 2023 and the online GMAT exam:
Time |
Test Centre GMAT |
Online GMAT |
---|---|---|
More than 60 days prior to the appointment |
$165 ($110 refund) |
$180 ($120 refund) |
15 to 60 days prior to the appointment |
$195 ($80 refund) |
$210 ($90 refund) |
1 to 14 days prior to the appointment |
$220 ($55 refund) |
$240 ($60 refund) |
GMAT Rescheduling Fee
If you reschedule the GMAT exam that was scheduled at a GMAT test centre 1 to 14 days before the test date, you have to pay US$165 for the test centre GMAT exam and $180 for the online GMAT exam. Also, if you reschedule the exam 15 to 60 days prior to the appointment then you have to pay US$110 for the test centre GMAT exam and $120 for the online GMAT exam. If you reschedule the exam more than 60 days before the test date then you have to pay $55 for test centre GMAT and $60 for the online GMAT exam. The table given below provides the details of the GMAT rescheduling fee for the test centre GMAT exam 2023 and for the online GMAT exam:
Time |
Test Centre GMAT |
Online GMAT |
---|---|---|
More than 60 days prior to the appointment |
$55 |
$60 |
15 to 60 days prior to the appointment |
$110 |
$120 |
1 to 14 days prior to the appointment |
$165 |
$180 |
Q: How can I reschedule and retake GMAT Exam?
Rescheduling of the GMAT exam can be done through two major modes: online and via phone. In order to reschedule the GMAT exam that is to be taken at the test centre, students must note the following details:
- 1 to 14 days prior to appointment: US $165
- 15 to 60 days prior to appointment: US $110
- More than 60 days prior to appointment: US $55
In the case of the online GMAT exam taken at home, the following rescheduling conditions are applied:
- 1 to 14 days prior to appointment: US $180
- 15 to 60 days prior to appointment: US $120
- More than 60 days prior to appointment: US $60
Please note that the exam cannot be rescheduled on the test date. The only difference in rescheduling the exam through the phone is that you would need to pay a $10 surcharge along with the rescheduling fee. Retaking the GMAT exam can be done after 16 days after your previous attempt. However, the maximum limit for attempting the exam is 5 times a year. This rolling 12-month period is counted from your first attempt irrespective of the time of year.
Q: What are the GMAT exam cancellation charges?
Candidates may choose to cancel their GMAT exam with the help of their official GMAT account. However, cancellation of the GMAT exam will cost the candidates. If a candidate decides to cancel his/her GMAT exam more than 60 days prior to the GMAT appointment, he/she will receive a refund of $110 in the case of a test centre GMAT exam and $120 in the case of the online GMAT exam. If the exam is cancelled 15 to 60 days prior to the appointment, the candidate will receive a refund of $80 in the case of a test centre GMAT exam and $90 in the case of the online GMAT exam. If the exam is cancelled 1 to 14 days prior to the appointment, the candidate will receive a refund of $55 in the case of a test centre GMAT exam and $60 in the case of the online GMAT exam.
GMAT Registration 2023
According to GMAC, you can register for the GMAT entrance exam 6 months before the Graduate Management Admission Test date or latest 24 hours before the GMAT exam date 2023, however, it is advised that the students plan their GMAT exam 2023 and book their slots well in time.
Ways for GMAT registration 2023:
- Online
- Phone
- Postal Mail
There are 9 steps to register for the GMAT and also different steps for the GMAT schedule. You can read the complete steps for GMAT registration.
GMAT Exam Dates 2023
There is no fixed official GMAT exam date 2023, you can choose any date according to your convenience and availability. In case you need to retake the GMAT exam you can do so after 16 calendar days. You can take or retake the GMAT exam after every 16 calendar days. You can appear for the exam a maximum of 5 times a year (12 months) and 8 times in a lifetime. Ideally, candidates are recommended to register themselves two to three months before the exam date. If you register online or by phone, you can get yourself registered as late as 24 hours before the GMAT exam date 2023. But it is safer to stick to early registration as you will then have a set schedule to prepare for the exam accordingly. Even the coaching institutes recommend you register at the earliest available date so that you have a wide window of time to prepare.
When to Take the GMAT?
Before deciding on the GMAT exam date, make sure to consider the following points:
- Application deadlines and study abroad intakes: You must be aware of the MBA application deadlines and various study abroad intakes. Accordingly, you need to decide the time you will take to prepare your application.
- Time for preparation: Once you are aware of the MBA or MIM application deadlines and the time required for documentation purposes, you need to figure out how much time is required for you to prepare for the GMAT. Typically, students spend around 3-6 months preparing for the GMAT exam 2023.
- Your choice of the country: Deadlines, intakes, GMAT cut off, documents, etc. vary from country to country and university to university. You must be aware of all these factors.
GMAT 2023 Exam Pattern
GMAT 2023 exam is of 3 hours and 7 minutes. In addition, the GMAT exam 2023 includes 2 optional breaks of 8 minutes each. The Verbal Reasoning and Quantitative sections were shortened by 13 and 10 minutes respectively. The Integrated Reasoning and Analytical Writing Assessment, along with the Score Preview and the optional break time, remained the same. These changes do not have any impact on scoring in the shortened Verbal Reasoning and Quantitative sections as only the unscored items have been removed by the GMAC. GMAT has a feature that provides candidates with the flexibility to customize their GMAT experience by choosing the section order in which they feel most comfortable taking the exam.
The GMAT pattern comprises four sections:
- Analytical Writing
- Integrated Reasoning
- Quantitative Reasoning
- Verbal Reasoning
Here are some finer details of the GMAT exam pattern (with respect to Quantitative Reasoning and Verbal Reasoning):
GMAT Section |
GMAT Question Type & Number of Questions |
---|---|
GMAT Quantitative Reasoning |
Total: 31 |
GMAT Verbal Reasoning |
Total: 36 |
GMAT AWA |
1 AWA |
GMAT Integrated Reasoning |
Total: 12 |
Q: What is the syllabus & exam pattern of GMAT?
GMAT exam pattern 2023 and the GMAT syllabus for the current version of the GMAT 2023 exam can be understood from the table given below:
GMAT Exam Section | No. of Questions/ Time Limit | GMAT Question Type | GMAT Score Range |
---|---|---|---|
Analytical Writing Assessment | 1 Topic (30 minutes) | Analysis of an Argument | 0-6 (0.5-point increments) |
Integrated Reasoning | 12 questions (30 minutes) |
| 1-8 (1-point increments) |
Quantitative Reasoning | 31 questions (62 minutes) |
| 6-51 (1-point increments) |
Verbal Reasoning | 36 questions (65 minutes) |
| 6-51 (1-point increments) |
Total | 80 questions (3 hours 7 minutes) | - | 200 - 800 |
Moreover, the following points will provide an overview of the GMAT syllabus:
- Quantitative Aptitude consists of Arithmetic, Algebra, Geometry, and Modern Math.
- Verbal Reasoning consists of Critical Reasoning, Reading Comprehension, and Sentence Correction (grammar, sentence structure, modifiers, parallelism, comparison, nouns & pronouns, verbs, idioms, etc.).
- AWA is basically a written form of Critical Reasoning.
- Integrated Reasoning consist of table analysis, two-part analysis, multi-source reasoning, and graphics interpretation.
Q: Is the question type and pattern of CAT and GMAT similar?
The question type and pattern of CAT (Common Admission Test) and GMAT (Graduate Management Admission Test) are not similar. While both exams are used for admissions to management programs, they have different formats and question types.
CAT:
- CAT is conducted by the Indian Institutes of Management (IIMs).
- It is a computer-based exam consisting of three sections: Verbal Ability and Reading Comprehension (VARC), Data Interpretation and Logical Reasoning (DI & LR), and Quantitative Ability (QA).
- CAT includes multiple-choice questions (MCQs) and non-MCQs (Type In The Answer) questions.
- The exam pattern may vary from year to year, but generally, CAT has a time limit for each section and a fixed number of questions in each section.
GMAT:
- GMAT is an internationally recognised exam used by business schools worldwide and in India for admission to MBA and MIM programs.
- It is a computer-adaptive test, meaning the difficulty level of questions adjusts based on the test-taker's performance on the GMAT exam.
- GMAT consists of four sections: Analytical Writing Assessment (AWA), Integrated Reasoning (IR), Quantitative Reasoning (QR), and Verbal Reasoning (VR).
- The question types in GMAT include multiple-choice questions, data sufficiency, sentence correction, etc.
- The GMAT 2023 exam pattern remains consistent, with a fixed number of questions and time limits for each section.
In summary, while both CAT and GMAT are entrance exams for management programs, their question types, formats, and sections differ significantly. However, it is possible to prepare for both the exam simultaneously as both are based on a similar theme. In fact, both exams will complement each other’s preparation.
GMAT Syllabus 2023
GMAT is a 3 hour and 7 minute test with a maximum score of 800 points. The GMAT tests the candidate's abilities on various parameters. Further, the syllabus of GMAT has four sections:
- Analytical Writing Assessment—measures candidates' ability to think critically and communicate their ideas
- Integrated Reasoning—measures candidates' ability to analyze data and evaluate information presented in multiple formats
- Quantitative Reasoning—measures aspirants' ability to analyze data and draw conclusions using reasoning skills
- Verbal Reasoning—measures the ability of the candidates to read and understand written material, evaluate arguments, and correct written material to conform to standard written English
GMAT Score 2023
Candidates should understand their GMAT Score and GMAT Score Report. Candidates should also understand various aspects of the GMAT Scores.
GMAT Score Calculation
Each of your five GMAT Scores i.e. 4 GMAT sections and the total score is reported on a fixed scale. These are your official scores that appear on your GMAT Score Report. Your selected score recipients will receive these scores. Always remember, that the GMAT Total Score Report includes Verbal and Quantitative scores and does not include any other section into account.
The GMAT Score Report comprises these elements:
- Your Quantitative Score (6 – 51), with percentile
- Your Verbal Score (6 – 51), 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)
When is the GMAT Result Available?
The candidates receive almost the entire GMAT Score Report just 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 7-20 days of giving the test including the AWA Score.
GMAT Score Range
Here is the minimum and maximum GMAT score range of each section, along with the mean GMAT score.
Section |
Score Range |
Mean Scores* |
---|---|---|
Analytical Writing Assessment |
0-6 |
4.43 |
Integrated Reasoning |
1-8 |
4.65 |
Verbal |
6-51 |
27.51 |
Quantitative |
6-51 |
41.3 |
Total |
200-800 |
574.51 |
*Source - GMAC (Jan 2019 – December 2021)
It can be noted that the mean GMAT score is 574.51 (overall), 4.43 for Analytical Writing Assessment, 4.65 for Integrated Reasoning, 27.51 for Verbal Reasoning, and 41.3 for Quantitative Reasoning.
How to Access GMAT Score Report?
- Candidates receive a link on their registered Email ID from GMAC.
- Follow the instructions in the Email and with the help of that link candidates can check their official GMAT Score Report.
GMAT Score Validity
Candidates should note that GMAT scores are valid for a period of 5 years. Hence, candidates should check the application deadlines of various universities and schedule their GMAT exam accordingly. It is essential that the students do their research for different study abroad intakes and MBA application deadlines in order to avoid any last-minute issues. GMAT exam 2023 and application documents must be planned well in advance.
Also Read:
How I scored 750 on the GMAT: Akshay Deshmukh | How to score a perfect 800 on GMAT? |
Q: Is GMAT a computer adaptive test?
GMAT is a computer-adaptive test, it adapts to the performance of the candidate while he is giving the test. The difficulty level of the questions changes based on whether the candidate is answering the questions right or wrong. If the candidate is answering the questions right, the level of the questions will rise, similarly, if the candidate is answering the questions wrong, the candidate will start getting easy questions. Also, as the next question is generated based on the performance in the current question, the candidate cannot visit the previous question. The candidate needs to answer a question about whether he is able to solve it or not in order to move ahead in the exam. If you get an easy question while taking the GMAT exam, you need not panic whether the previous question was correct or incorrect. Instead of wasting your time, you must focus only on solving the current question.
Q: What is Percentile vs Marks assessment in GMAT?
The GMAT score includes a percentile that compares your performance with other test-takers. If you score in the 80th percentile, then you performed better than 80 percent of the aspirants and 20 percent candidates have performed better than you have on the GMAT exam. Scoring high percentile means you performed better than most of the candidates who appeared for the exam. Similarly, scoring low percentile signifies that you scored lower than most of the candidates. As per the January 2019 to December 2021 data, the mean GMAT score stands at 574.51 with nearly 34% percentile ranking. Moreover, it is noted that two-thirds of the candidates, who appear for the GMAT exam, score between 400 and 800. A GMAT exam score of 800 corresponds to 99% percentile ranking, a GMAT score of 750 corresponds to 98% percentile ranking, and a GMAT exam score of 700 corresponds to 87% percentile ranking.
GMAT 2023 Preparation
To be able to study on your own effectively, you need a few good GMAT books and resources, along with study material, motivation, and self-discipline. On the other hand, if time is a constraint and you feel the need for professional guidance to ensure a competitive edge in GMAT preparation, then joining a coaching centre for GMAT in your location is the better option.
GMAT Prep Tips 2023 for Each Section:
- Analytical Writing Assessment: The Analytical Writing Assessment section analyses the candidates’ ability to analyse an argument.
- Quantitative Section: The Quantitative section measures the basic mathematical skills of the candidates.
- Verbal Section: The Verbal section measures the aspirants’ ability to read and comprehend written material.
- Integrated Reasoning Section: The Integrated Reasoning section measures the candidates’ ability to evaluate information presented in multiple formats from multiple sources.
Strategy for Preparing for GMAT 2023
Candidates need an appropriate strategy to score a perfect 800 in the GMAT 2023 Exam. Before start preparing also decide what a good GMAT Score (according to you) is, and then prepare accordingly. Candidates can also go through the GMAT Sample Paper which will help them in preparing for the GMAT exam 2023. Start with the GMAT Official Guide (GMAT OG). You may also opt for the GMAT Official Guide Bundle. The reason for starting with the GMAT Official Guide is that you need to be aware of the previous years’ GMAT questions and the official GMAT study material. Hence, make sure that the GMAT Official Guide forms the base of your preparation. Also, The Princeton Review, Manhattan Prep, Kaplan books, Khan Academy and Veritas also provide useful prep material. Apart from this, you can also check out our GMAT Preparation Plan for 4 weeks.
Also Read:
What is a good GMAT Score? | GMAT Sample Paper |
Q: When should I start preparation for GMAT and IELTS?
Preparing for the GMAT and IELTS exams requires time and effort, and the ideal preparation timeline can vary depending on your current proficiency level and target scores. However, here are some general guidelines:
- Know the different study abroad intakes.
- Know the admission deadlines.
- Keep time for retaking the exams and for the preparation of apply documents such as an SOP, LORs, etc.
GMAT:
- It is recommended to prepare for the GMAT 2023 exam for at least 3-6 months.
- This allows you to familiarize yourself with the exam format, content, and question types.
- It also gives you ample time to work on areas of weakness, practice test-taking strategies, and improve your overall performance.
- If you feel you need more time or have a busy schedule, you can adjust the timeline accordingly.
IELTS:
- The preparation timeline for IELTS can vary depending on your English language proficiency level.
- If you are already proficient in English and have good language skills, a preparation period of 1-2 months may be sufficient.
- If you need to improve your English language skills, it is advisable to start preparing at least 3-6 months in advance.
- This will give you time to work on your vocabulary, grammar, listening, speaking, reading, and writing skills.
- Regular practice with sample test materials and mock exams is also essential.
Keep in mind that these time frames are only suggestions, and the length of preparation may vary depending on your particular situation and objectives. Establish a study plan, identify your talents and shortcomings, and provide enough time for practice and progress. It is also a good idea to confirm the precise specifications and application deadlines of the colleges or organisations you intend to apply to. Your preparation schedule may be impacted by some of them having specified score requirements or application deadlines.
Q: How should I start preparing for the GMAT?
GMAT Question Paper 2023
GMAT mock test is best suited for GMAT preparation. For beginners’ convenience, we have also provided GMAT questions for each section. It is extremely important for the students to appear for the GMAT mock tests. GMAT mock tests will help them analyse their mistakes and make the required correction in their GMAT 2023 exam preparation. It is sincerely advised that the students do not underestimate the importance of GMAT mock tests as they form a vital part of their GMAT 2023 exam preparation. You can check out the sample GMAT sample questions section-wise here:
Candidates can also check the GMAT Verbal Critical Reasoning Sample Paper here
GMAT 2023 Test Centres
It is advisable to choose your test centre once you are ready to attempt the exam in the coming 2-3 months as the booking needs to be done in advance. It is suggested that you choose the city located nearest you so that you do not have to travel much before the exam. Once the state/city is chosen you may check out the availability of a date in your nearest GMAT exam centre.
Choose your coaching centre anywhere across India:
Top GMAT Coaching Centers in North India | Top GMAT Coaching Centers in South India |
Top GMAT Coaching Centers in East India | Top GMAT Coaching Centers in West India |
GMAT Colleges 2023
The GMAT aspirants can apply to more than 7700 programs at roughly 2400 business schools globally. Further, top business schools across the world like Harvard, INSEAD, and Stanford accept the GMAT score of above 720. Further, management schools should grant a degree to students to be eligible to accept GMAT scores. GMAT scores are one of the most important factors in the entire application process for admission to top B-schools across the globe. GMAT is accepted in more than 110 countries of the world. Apart from this, those who are targeting schools that also accept GRE Scores along with the GMAT Scores might also need to know GRE to GMAT Score Conversion to convert their scores.
GMAT Scores for Top Business Schools
Your GMAT Cut off marks allow you to apply to the top business schools across the world. We have provided the average GMAT Scores required to get into the top business schools globally. The table given below provides the average GMAT scores for some of the top MBA colleges. The table will allow you to understand what is a good GMAT score.
Business Schools |
Average GMAT Score |
---|---|
University of Pennsylvania (Wharton) |
733 |
Stanford University (CA) |
737 |
Yale University (CT) |
725 |
Harvard University (MA) |
730 |
Columbia University (NY) |
729 |
730 |
|
730 |
|
Northwestern University (Kellogg) (IL) |
729 |
730 |
|
Dartmouth College (Tuck) (NH) |
726 |
MBA Colleges in India Accepting GMAT 2023
So far, we have covered foreign colleges accepting GMAT 2023 exam. In this section of the article, we will look at the top MBA Indian colleges that accept GMAT 2023. Consider the table given below:
Indian MBA College Accepting GMAT 2023 Exam |
MBA Course Name |
---|---|
Post Graduate Programme in Management |
|
MBA-PGPX |
|
Executive Post Graduate Programme in Management (EPGP) |
|
MBA for Executives Programme |
|
PGDM (GM) |
|
Executive Post Graduate Programme in Management (EPGP) |
|
PGDM |
|
PGDM |
|
PGDM |
|
MBA-BM |
Q: Which are the top colleges in India for Executive MBA accepting GMAT score?
Q: What is the selection criteria of different colleges accepting GMAT score in India? Is there any particular % of students they intake?
The selection criteria for colleges in India that accept GMAT 2023 scores may vary depending on the specific institution. However, here are some general factors that are commonly considered in the selection process:
- GMAT Score: The GMAT score is an important factor in the selection process. Different colleges may have specific minimum score requirements or cutoffs. Higher scores can enhance your chances of admission.
- Academic Background: Colleges typically consider the applicant's academic performance, including schooling and undergraduate grades.
- Work Experience: Many colleges value prior work experience, especially for executive MBA programmes or PGPM programmes. The type of work experience, duration, and level of responsibility are often considered.
- Statement of Purpose/Personal Essays: Applicants are usually required to submit a statement of purpose or personal essays that outline their goals, motivations, and fit with the program. This helps assess the applicant's clarity of purpose and commitment.
- Group Discussion: Students are often required to participate in Group Discussions.
- Interview: Some colleges may conduct interviews to assess an applicant's communication skills, motivation, and fit with the program.
It is crucial to remember that different colleges and programmes may have very varied selection criteria. It is a good idea to check out the official websites of the universities you're interested in to learn more about their particular admission standards and selection criteria for GMAT applicants. Additionally, keep in mind that completing the minimal requirements for eligibility is just the first step. Your chances of being accepted can be greatly increased by submitting a solid overall application that highlights your accomplishments, leadership abilities, and unique experiences.
GMAT Scholarship 2023
Scholarships and grants are generally given by B-schools to pursue a professional program like MBA. Moreover, scholarships can be need-based or merit-based, however, there are no set rules for awarding a GMAT scholarship 2023. It depends on each school’s admission process, so, the candidate should always check with the school itself for gaining a scholarship. Also, there are two kinds of scholarships, full and partial. The full scholarship covers the entire cost of the program, whereas a partial one covers only part of the course fee. Also, we have given detailed information on GMAT Scholarships for Indian students, which you can read here.
GMAT vs GRE
The GMAT vs GRE debate confuses students who wish to study abroad. Both, the GMAT entrance exam and the GRE exam, have excellent acceptability for abroad courses. The given table provides a brief comparison of the GMAT and GRE:
Head |
GMAT |
GRE |
---|---|---|
Acceptance |
Accepted by more than 7,700 programmes across 2,400 institutions |
All reputed universities for postgraduate degree programs (including management) |
Test Format |
|
|
Time |
3 hours + 7 minutes |
3 hours + 45 minutes |
Test Mode |
Computerized adaptive test |
Both paper and computerized adaptive modes |
Score Range |
200 - 800 in 10-point increment |
130 - 170 in 1 point increment |
Score Validity |
5 years |
5 years |
Cost |
$275 (GMAT taken at a test centre) $300 (Online GMAT exam at home) |
$228 |
Retakes |
After every 16 calendar days to a maximum of 5 attempts in a 12-month period and 8 attempts in one's lifetime |
After every 21 days to a maximum of 5 attempts in a year (continuous rolling 12-month period from the beginning of the first test) |
Now that students are aware of the GMAT 2023 exam in its entirety, it is advised that they take their GMAT preparation and other MBA documents such as a statement of purpose, letters of recommendation, etc. very seriously to gain admission to their desired MBA college.
Q: What is the difference between GMAT and GRE?
The GMAT is the standardized test for getting admission to a business school whereas GRE is more popular for postgraduate courses offered in a graduate school. Now, even certain business schools have also started accepting GRE scores for admissions as well. Here are some pointers that will help you understand the differences between the GMAT exam 2023 pattern and GRE exam pattern:
- AWA: GMAT has 1 question on the AWA section | GRE has 2 questions on the AWA section.
- Quantitative Section: GMAT has 1 quantitative aptitude section | GRE has 2 quantitative aptitude sections.
- Verbal Section: GMAT has 1 verbal reasoning section | GRE has 2 verbal reasoning sections.
- Integrated Reasoning: Only the GMAT exam has the Integrated Reasoning (IR) section.
- Experimental Section: Only the GRE exam has experimental section.
GMAT 2023 FAQs
To know more about the GMAT Exam 2023, please visit our GMAT 2023 FAQs provided below.
Q: What is the difference between GMAT and CAT?
GMAT or otherwise known as the Graduate Management Admission Test and Common Admission Test or commonly referred to as CAT are the two most widely accepted management entrance tests, scores of which are accepted by all the top B-schools, including the IIMs. The basic difference, between the two, is that while CAT is a national-level entrance exam for students looking for admission to Top Business Schools in India, GMAT is held on a global level and helps students for admission to top B-Schools worldwide. Conducted by Graduate Management Admission Council, GMAT scores are acceptable mainly in the case of NRI/Foreign students who want to study in India. The IIMs accept the GMAT score of domestic candidates for executive management programmes. Candidates can learn in-depth about the difference between GMAT and CAT exams.
Q: When will I receive my unofficial and official GMAT scores?
Candidates will receive their unofficial GMAT score report immediately after the completion of their GMAT exam. The unofficial GMAT score report will contain the scores of the Verbal Reasoning section, Quantitative Reasoning section, and Integrated Reasoning section. It will not contain an AWA score. Candidates will receive their official GMAT score within 7-20 business days. The official GMAT score report will include the AWA scores as well. Once the official GMAT score report is available, a candidate will be notified via email. In case, if a candidate has taken the GMAT exam more than once in the past 5 years, the official score report will include all the GMAT exams.
Q: How to send my GMAT scores to B-schools?
GMAT scores can be sent in two ways to B-schools. In the case of the test centre GMAT exam, students can select up to 5 programmes to which they wish to apply without any additional cost. After this, every additional GMAT score report is chargeable at $35 each. In the case of an online GMAT exam, a candidate can send his/her scores to 5 B-Schools within 48 hours of receiving the official GMAT score. If he/she wants to send his/her GMAT scores to more B-Schools or programmes, every additional GMAT Score report shall be chargeable at $35 each. It is important for the candidates to select the right courses/programmes beforehand. In order to do this, it is advised that research different programmes, their GMAT cut offs, career outcomes, etc.
Q: Can the candidates send their scores to more than 5 programmes in the case of online GMAT exam as well?
Candidates have more control to manage their scores with the GMAT online exam. They can view their score and then choose to send their scores to programs. Candidates can send their GMAT scores to 5 B-Schools/Programmes (without any additional cost) within 48 hours of receiving their official score for the online GMAT exam. However, 5 is not the maximum number as candidates have the opportunity to send their official scores to as many programs as they want once they receive their official scores. The cost of sending an additional GMAT score (after the first 5 programmes) is USD 35.
Q: What if I want to report the score of the GMAT exam taken over five years ago?
Always check with the school before going to request an old score report, a majority of the schools do not accept the scores of the exam taken over 5 years ago. Score reports from exams given within 5 to 10 years ago are available; however, they are sent to schools with a caveat that should be interpreted with caution. In addition, scores before 5 years can only be ordered by reaching out to GMAT Customer Service of your concerned region. Another rider with this is that a candidate must not have taken the GMAT exam within the last 5 years.
Comments
(292)
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2 months ago
A
Aprant AgarwalStudy Abroad Expert
2 months ago
v
3 months ago
A
Aprant AgarwalStudy Abroad Expert
3 months ago
The current version of the GMAT exam "will continue to be available until early next year". There is no specific date for the same. After MCom, you may opt for an MBA as it will enhance your profile. You might as well venture into a new field (e.g. supply chain management) if you find it interestin
s
3 months ago
A
Aprant AgarwalStudy Abroad Expert
3 months ago
Hello. Now that you have completed your graduation, you can very well appear for the GMAT exam. Please make sure to check the eligibility criteria for MBA abroad as certain B-schools demand prior work experience. You may also apply for MIM programmes as they are also rewarding. You may check the to
H
5 months ago
A
Aprant AgarwalStudy Abroad Expert
5 months ago
S
5 months ago
A
Aprant AgarwalStudy Abroad Expert
5 months ago
Most B-Schools (especially the top ones) need 2-3 work years of work experience as eligibility criteria. However, there are many MBA colleges that do not ask for work experience. You may refer to this article: https://studyabroad.shiksha.com/top-countries-to-study-mba-without-work-experience-articl