GMAT Exam Fees 2024 in India: Exam Fee, Cancellation Fee, & Rescheduling Fee

GMAT

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Aishwarya
Aishwarya Bhatnagar
Study Abroad Expert
Updated on Jul 1, 2024 17:44 IST

GMAT Exam Fees: The Graduate Management Admission Test, or GMAT, is tested for admission to top b-schools abroad. GMAT is an MCQ-based exam which assesses applicant's readiness for a business or management program. This exam is organized to check the candidate’s analytical writing, quantitative, reading, and verbal skills. Check out the GMAT exam fee for Indian students for different versions. 

GMAT Exam Fees 2024 in India: Exam Fee, Cancellation Fee, & Rescheduling Fee

The GMAT exam fee varies from country to country. The GMAT exam fees in India are $275 (Rs. 22,854 approx.) for the GMAT exam at a GMAT test centre and $300 (Rs. 24,931 approx.) for the online GMAT exam. This means that at the time of GMAT registration, the candidate needs to pay this amount. Apart from this, there are other fees related to the GMAT test like cancellation fees, rescheduling fees, additional score report charges, and ESR.

In this article, we will inform you everything about the GMAT exam fees. We will also notify you about every type of charge that can be incurred for the GMAT test and payment methods to be used for GMAT registration.

GMAT Fees

Apart from the registration fee, there are other costs related to the GMAT test. Have a look below at all types of costs associated with the GMAT exam 2024.

Head

GMAT Exam Fees for the Test Centre Exam

GMAT Exam Fees for the Online GMAT Exam

GMAT Exam

$275

$300

Enhanced Score Report

$30

NA

Additional Score Report

$35 per report

$35 per report

Score Cancellation Fees

$25

NA

Score Reinstate Fees

$50

NA

AWA Rescoring

$45

$45

When you register for the GMAT test, you can send the GMAT score report to 5 business schools. So, if you are taking the test at the test centre, after paying the registration fee you will have the option to send the GMAT score report to up to 5 programs. If you want to send the score report to more schools then you need to pay for additional score reports later. Candidates must pay $35 per report for every additional GMAT score report.

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GMAT Cancellation Fees

Check out the GMAT cancellation fee criteria below. Candidates should note the test appointment cannot be cancelled or modified within 24 hours of the scheduled test and time.

Timeframe

GMAT Cancellation Fees for GMAT Exam at a Test Centre

GMAT Cancellation Fees for the Online GMAT Exam

More than 60 days before the GMAT appointment

$110 refund

$120 refund

15-60 days before the GMAT appointment

$80 refund

$90 refund

14 days or less before the GMAT appointment

$55

$60

GMAT Reschedule Fee

GMAT Online Reschedule Fee criteria are given below. It is advised to register for the GMAT test after taking into account the time you need to prepare for the test, as it will reduce your overall cost of taking the test.

Timeframe

GMAT Reschedule Fee for GMAT Exam at a Test Centre

GMAT Reschedule Fee for the Online GMAT Exam

More than 60 days before the GMAT appointment

$55

$60

15-60 days before the GMAT appointment

$110

$120

14 days or less before the GMAT appointment

$165

$180

GMAT Form Fees for Popular Countries

As we have mentioned earlier the GMAT test fee differs from country to country. Below, we have given the GMAT exam fees for popular countries.

Country

GMAT Exam Fees for the Test Centre Exam

GMAT Exam Fees for the Online GMAT Exam

GMAT Registration fee in the US

US$275

US$300

GMAT Registration fee in the UK

£250

£275

GMAT Registration fee in Canada

US$275

US$300

Payment Methods for Booking the GMAT Slot

The GMAT exam can be scheduled through online and offline registration. However, the most popular method of booking the GMAT slot is through online registration. GMAC accepts VISA, Mastercard, American Express, and Discover Network Cards. If your credit or debit card is declined, your appointment will be cancelled. You need to schedule another GMAT appointment with a valid payment.

Few banks do not allow debit cards to be used on the internet unless the merchant participates in Verified by Visa or MasterCard Secure Code. It requires the customer to enter a PIN number. Here, GMAC does not have any role. In this case, you need to contact your bank for assistance.

GMAT Exam Fees 2023 FAQs

Q. How much is GMAT exam fees in India?

A. GMAT exam fees in India is $275 (Rs. 22,600 approx.) for the GMAT exam delivered at a GMAT test centre and $300 (Rs. 24,600 approx.) for the online GMAT exam. Students can apply for the examination by registering to study management programs abroad through the official website. Besides the GMAT form fees, there are other GMAT costs. These include $30 for Enhanced Score Report, $35 for every additional GMAT score report (beyond the first 5), $25 for GMAT cancellation score, $50 for GMAT score reinstatement, and $45 for AWA rescoring.

Q. What is the GMAT reschedule fee?

A. Following points provide details of the GMAT reschedule fee:

  • More than 60 days before the GMAT appointment: $55 for the test centre GMAT and $60 for the online GMAT.
  • 15-60 days before the GMAT appointment: $110 for the test centre GMAT and $120 for the online GMAT.
  • 14 days or less before the GMAT appointment: $165 for the test centre GMAT and $180 for the online GMAT.

Q. What is the GMAT cancellation fees?

A. Following points provide details of the GMAT cancellation fees:

  • More than 60 days before the GMAT appointment: $110 refund for the test centre GMAT and $120 refund for the online GMAT.
  • 15-60 days before the GMAT appointment: $80 refund for the test centre GMAT and $90 refund for the online GMAT.
  • 14 days or less before the GMAT appointment: $55 refund for the test centre GMAT and $60 refund for the online GMAT.

Q. When should I take the GMAT in 2023?

A. Deciding the GMAT exam date involves thought and deliberation. Students need to consider multiple factors. It is important to know the different study abroad intakes so that students have clarity on what courses are available in which intake. Students then need to know the GMAT cut-offs for different MBA colleges and plan their preparation accordingly. Students also need to factor in the time required for the preparation of application documents such as a statement of purpose, letters of recommendation, a resume, etc. Moreover, there must be a buffer time if a GMAT retake is required. Based on these parameters, a student may decide his/her GMAT exam date.

Q. Is GMAT easy to pass?

A. No, the GMAT is not easy to pass and it takes lots of effort to get a 700+ GMAT Score. Every year, more than 200,000 people register for the examination and only 6% of the total takers score 720 or more. This shows the difficulty of the examination, students need to work hard to get a good score. Students must plan their GMAT preparation and must include the GMAT official study material, Manhattan GMAT guides, and GMAT mock tests. Students may also refer to online resources such as GMAT Club, Beat the GMAT, etc.

About the Author
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Written by
Aishwarya Bhatnagar
Study Abroad Expert

Aishwarya is a professional Writer currently working as a Study Abroad Expert in the Editorial Team at Shiksha. She has over 5 years of experience and is skilled at creating Online Content with leveraged knowledge i... Read Full Bio

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