GMAT

GMAT 2024 Exam - Dates, Application Form, Eligibility, Syllabus, Pattern

Graduate Management Admission Test

Current Date
18th Jul 2024

exam date
CollegeSearch Team college search team

New Update About GMAT 2023

IIM Lucknow has revised CAT Admit Card 2023 release date. CAT Admit Card will now be released on 7 November 2023 @iimcat.ac.in. The release date of CAT Admit Card was previously set to be 25 October. Candidates will be able to download their respective CAT Admit Cards until the exam day by using their CAT login ID and password. The CAT 2023 Exam will be held on November 26 at approximately 400 test centres across 150 cities. The exam will be divided into three slots and will last two hours. Candidates will be able to take the test at the centre only if they bring a hard copy of their CAT 2023 Admit Card.

Table of Content

GMAT 2023 Exam - Dates, Application Form, Eligibility, Syllabus, Pattern  

Graduate Management Admission Test popularly known as GMAT is a yearly exam being conducted by the Graduate Management Admissions Council (GMAC). Any candidate who wishes to pursue a degree in more than 7,100 management courses like International MBA or Master's degree in Management (MiM) from the pioneer Business Schools located globally like Europe, USA, Canada, Australia, Singapore and other countries known as leaders for the best education. GMAT can prove to be the strongest scaffold for supporting dreams of such students.

GMAT is conducted in 114 countries around the world at over 600 centers.

It's not just the International Business Schools, with a valid GMAT score candidates will also be eligible to apply for one year programme which is equivalent to MBA and offered in top B-Schools of India like ISB, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI and others. In GMAT candidates are evaluated on basis of analytical, writing, verbal, quantitative, and reading skills in the English language.

For added security, applicants can take the GMAT online from their homes. Both in-person and online GMAT testing options are permanent for applicants. Online exam slot booking is offered 24 hours a day, 7 days a week to maximize flexibility, and you can register for an exam up to 24 hours before a testing window opens. You may keep an eye on the situation and add new appointment dates as necessary.
 
In GMAT Online, there have been four improvements:
  1. Getting GMAT score instantly,
  2. Selecting the order of the section,
  3. 8 minutes break for two times,
  4. Inclusion of AWA

GMAT 2023 Highlights

Name of the Examination

Graduate Management Admission Test (GMAT)

Exam Conducting Authority

Graduate Management Admission Council (GMAC)

Examination Level

International Level

Examination Mode

Online

Mode of Application

Online

Course offered

PG management courses

Also Read: Top MBA Colleges of India

GMAT EXAM Dates 

As GMAT is being conducted throughout the year and candidate can choose GMAT Exam Date based on the preference, it is not possible to pinpoint any particular date for its processes like GMAT Registration, Release of GMAT Admit Card and others.

GMAT Exam Date and Timing:

GMAC the conducting authority of GMAT offers flexible date and timing to take up the examination and candidates can take multiple exams up to 5 times a year in a gap of 16 days. To be precise about timing there are multiple session and candidate as per convenience can choose a timing.

GMAT Registration: How to Apply?

Here are the stages to assist you understand the registration procedure if you're wondering how to apply for the GMAT:

Register to open an account - Visit the GMAT's official website at mba.com. Then, press the sign-up button that is visible in the page's upper right corner. You will be routed to the sign-up page after clicking it. Fill in the fields on that page with your personal data, such as your name, email address, etc.
 
Start the signup procedure - You may begin the registration procedure after creating an account by selecting the examinations option in the top left corner of the website. You will then be sent to a page where you must input all of your personal information, including your name, address, phone number, and country of residence.
 
Enter further information that is requested: Once all personal information has been entered, you will be sent to another page. You must fill out this section with information about your academic performance, employment history, etc. Nevertheless, you have the option to omit this.
Verify your profile - After filling out the required information, the GMAC account processing staff will receive your registration request. Within two business days, it will be processed.
 
Schedule your exam - After your registration request has been validated, you may make an appointment. At your selected location, you can choose up to three test centers, as well as a day and time that work for you. Additionally, you have the option of taking an online test or one in a testing facility.
 
Pay the registration cost - You may complete the registration procedure by using a debit or credit card to pay a charge of USD 250 (about INR 18,300).

GMAT Application Fee

In comparison to Application Fee of other management entrance examinations, Fee for GMAT Registration is slightly on the higher side. For one attempt candidate needs to pay a registration fee of $250 which when converting as per current currency value stands to Rs. 17, 500. The registration fee of CAT, on the other hand, is Rs. 1, 900. There will be separate charges of $50 for rescheduling the exam and for GMAT Cancellation $80 extra will be charged.

GMAT Cancellation Fee

Any candidate who completed the registration process, if cancel the exam before 7 days of scheduled test date then only $80 will be refunded to the candidate. There is no refund of the application fee if the exam is canceled within 7 days of Exam Date. There is no option to cancel the scheduled examination in 24 hours of scheduled examination.

GMAT Rescheduling Fee:

On rescheduling the examination before 7 days of the examination there will be a rescheduled fee of $60 above the Registration Fee. For rescheduling, the examination within 7 days of exam scheduled candidate needs to pay $250 again as registration fee to take the examination. There is no option to reschedule the examination within 24 hours of examination as scheduled earlier.

Reschedule Fees

Cancellation Fees

1 to 14 days prior to appointment: $150

1 to 14 days prior to appointment: $200 ($50 refund)

15 to 60 days prior to appointment: $100

15 to 60 days prior to appointment: $175 ($75 refund)

More than 60 days prior to appointment: $50

More than 60 days prior to appointment: $150 ($100 refund)

Payment mode of GMAT Application Fee:

Aspirants need to pay the registration fee to complete the GMAT Registration Process and the same can be done in 2 modes, as mentioned below:

  • Online Payment Mode: Candidate can pay the Registration Fee through online mode by using methods like Credit Cards, Debit Cards, MasterCard, Visa Card, JCB, and American Express Card.

  • Offline Payment Mode:  GMAT Application fee can be paid by Cashier's cheque, Money Orders and Personal cheque.

GMAT Exam Eligibility

Graduate Management Admissions Council (GMAC) the conducting authority of GMAT has not underlined any strict eligibility criteria to appear for GMAT. Candidates do not require to have a specific field of expertise to claim a seat after GMAT, however, there can be eligibility criteria of particular colleges and courses which needs to be fulfilled at the time of admission. Candidates are advised to go through the details of colleges before applying in order to avoid any confusion at the time of seat allotment. In general, GMAT is conducted for admission in the postgraduate degree programme of Management courses so it is mandatory for the students to have a graduation degree to apply for the examination. GMAT Selection procedure also varies from college to college and course to course and it is recommended to have complete information before applying.

General Eligibility Criteria to Apply for GMAT:

Academic Qualification Graduation degree or equivalent from a recognized university is a must to apply for the mentioned exam. Required percentage, subjects, and work experience vary within the participating institutions.
Nationality  The exam is conducted in over 114 countries and no such restrictions as a nationality are applicable for GMAT.
Age Limit Minimum age to apply for GMAT is 18 years and no upper age limit is set yet. Candidates below 18 years are also eligible to apply in conditions if they provide written approval from parents or legal parents.
Number of Attempts Candidates can apply maximum up to 5 times in a year for GMAT.

GMAT Admit Card

Candidates can claim the GMAT Admit Card after the successful GMAT Registration. Like every other examination, Admit card is a mandatory document to be carried to examination center and in absence of the same candidate will not be allowed to take the examination. Forget about taking the examination, it will not be possible to know the details of GMAT Test center if Admit card is not downloaded.

GMAT is conducted throughout the year and having a specific date of Admit Card release is not possible. Admit card will be given as per the registration and exam schedule date of the candidate.

Steps to Download GMAT 2022 Admit Card:

  • Step 1: Candidate needs to register them first by completing the official GMAT profile by filling required information like name, date of birth and citizenship.
  • Step 2: After successful registration, an auto-generated unique user ID will be created.
  • Step 3: After 2, 3 days of registration candidates have to log onto the site again with the registered user ID and earlier set password followed by selecting the date of the exam and confirm the exam center.
  • Step 4: In the next step candidate have to pay the GMAT Application Fee by either online or offline mode.
  • Step 5: After the successful payment of the Fee, registration will be completed.
  • Step 6: Completion of the registration process will be confirmed with GMAT Confirmation Letter which serves as Admit card for GMAT.

GMAT Exam Pattern

GMAT exam pattern is also quite unique as it is computer adaptive which is not just computer based like others. With every correct answer the examination difficulty level grows higher and higher, the next question always depends on the response to the previous question asked. For example, if a candidate gives the wrong answer the next question will be an easier one and vice-versa. The total score of the candidate will depend on the difficulty level of the question reached.

GMAT Exam Sections:

  1. Analytical Writing Assessment
  2. Integrated Reasoning Section
  3. Quantitative Section
  4. Verbal Section

Sections

Number of Questions

Duration

Analytical Writing

Analysis of Argument

30 minutes

Integrated Reasoning Section

12 questions

30 minutes

Optional Break

10 minutes

Quantitative Section

37 questions 

75 minutes

Optional Break

10 minutes

Verbal Section

41 MCQs 

75 minutes

GMAT Exam Pattern

Here is a list of documents for the GMAT test:

Admit Card: As GMAC don't provide a separate GMAT Admit Card for the examination instead the confirmation letter of GMAT is used as hall ticket of GMAT and a must to be carried for the examination. It is important to note that the absence of a recent color photograph on the confirmation letter will be considered invalid.

GMAT approved ID Proof: The conducting body of GMAT i.e. GMAC is very strict about the rules and regulation to be followed during examination and carrying a valid original ID proof is one of them. It is advisable for the candidate to carry at least 2 ID proof to be extra careful. Identity proof must have the following information:

  • Name as mentioned in the GMAT Hall Ticket and should be written in Roman even for the candidates using a different alphabet.
  • Date of birth should be the same as mentioned at the time of Registration.
  • Recent Color Photograph
  • Candidates Signature as done on the confirmation letter

The four documents considered valid by GMAC are the international passport, national/state/province identity card issued by the government, government-issued driver's license, and military ID card.

List of Documents for GMAT Counselling:

  • List of five MBA programmes candidate is interested in
  • Appointment confirmation letter or the copy of the email
  • Academic certificates
  • Work experience certificate
  • Medical Certificate (If needed)

List of invalid documents for GMAT:

The below-mentioned documents will be considered invalid GMAT test center:

  • Expired passports/driver's licenses
  • Employee or student IDs
  • Credit cards
  • Passport cards
  • Social security cards
  • Draft classification cards
  • Letters from your university or college
  • IDs with physical descriptions in place of photos
  • Photocopies of ID Proof

GMAT Preparation Tips

It is difficult to get an excellent GMAT score. To do it, you must put in a lot of effort and follow a strategy. To start, consider the following helpful GMAT preparation advice to help you organize your studies:
 
Make a study plan - The first step in your GMAT preparation should be to make a study strategy. This will assist you in organizing and planning what has to be done when. But while making a strategy, make sure it's feasible and attainable.
Recognize the pattern - Get familiar with the GMAT exam format. You will get more familiar with the test's curriculum, question styles, and scoring methodology as a result. Additionally, a thorough comprehension of the pattern aids in the identification of your weak subject areas.
Use the appropriate materials - It is advised that you select dependable and appropriate resources for your preparations, such as certified GMAT guides. These publications provide all the necessary material for the GMAT, including the GMAT curriculum, sample exams, scoring methodology, advanced question bank, and practice problems.
Determine which subjects you are weaker in: Mock tests may be used to aid you with this. Practice more on those subjects once you've determined which ones require improvement. Don't forget to keep track of your development over time.
Practice with mock exams - Start taking practice exams if you are familiar with the ideas covered in the test. Mock exams offer you a better sense of your readiness and enhance your confidence. You may also use it to forecast your potential exam score.

Recommended Books for GMAT

One of the most dependable tools for the candidates is the GMAT Official Guide, which is published by the GMAC.You may start your exam preparation by reading this book, which has all the information you need.
The GMAT official guide offers the following in addition to an explanation of the test, its organization, format, and timing:
  • Test-taking tactics to succeed on the exam
  • Comprehensive preparation includes approximately 1,150 practice problems from past test papers
  • Answers with detailed explanations
  • Organizing the questions according to their complexity

Some more books which will help you to score good in GMAT Exam are given below:

GMAT Prep Question Pack 1

GMAT Prep Exam Pack 2

GMAT Paper Tests Set I, II, and III

GMAT Official Guide Quantitative Review

GMAT Official Guide Verbal Review

GMAT Focus Online Quantitative Diagnostic Tool, set of 3

GMAT Result

In contrast to other tests, the GMAT Score Report is available to you right away after completing the exam.  The GMAT score will not be disclosed after the test. The GMAT score might either be accepted or rejected by the candidate. If the applicant accepts the result, GMAC will transmit the score report right away to the school; if the applicant rejects the result report, no one will be able to see the applicant's GMAT score. Candidates can get their unofficial GMAT score report after the exam is over. Candidates can obtain a GMAT score report and AWA Score within 20 days after taking the GMAT. You can see, print, or download your official scorecard.

Important Information about online score sending

The updated procedure for transmitting candidates' online GMAT results is now in effect. Five free score reports are among the results that the GMAT will publish online. The five free score reports must be used within 48 hours after mba.com releases the official online test score. At a cost of $35 apiece, additional score reports are available. Over 7,000 programs worldwide recognize and trust the GMAT exam, which is offered both online and in test centers across the world.

How GMAT Exam is Scored?

Here is a brief explanation of how your GMAT score is determined:

Score

Range

How It's Calculated

Total Score

200–800

Reported in 10-point increments

Based on Math and Verbal section results

Quantitative Score

0–60

Reported in 1-point increments

Based on:

the number of questions you get right

levels of difficulty for questions you get right

the number of questions you answer

Verbal Score

0–60

Reported in 1-point increments

Based on:

the number of questions you get right

levels of difficulty for questions you get right

the number of questions you answer

Integrated Reasoning

1–8

Reported in 1-point increments

Based on number of questions answered correctly

Analytical Writing Assessment

0–6

Reported in half-point increments

Average of scores assigned by two readers

GMAT Score Validity

  1. Candidates' GMAT scores are valid for up to five years.
  2. GMAT scores are useful for both pursuing an MBA degree and finding employment, since many recruiting firms utilize them to match candidates with positions.
  3. A candidate may retake the GMAT exam if they are unsatisfied with their results.
  4. But a candidate can only take the GMAT five times in a calendar year, or 12 months.

Program Recommendation Based on GMAT Score

My Recommendations is a special service provided to GMAT exam takers. Through this service, the test-taker receives a thorough list of the top 10 business schools based on their profile, GMAT results, and interests. Candidates can compare their GMAT result to other scores at the same suggested business schools by emailing the score report to them. Candidates are given a competitive GMAT rating based on the following points:

1. Good

2. Above Average

3. Average

4. Low

Candidates are able to choose any program at the suggested business school with the assistance of this competitive ranking.

GMAT Exam Centres

GMAT is conducted throughout the year in more than 114 countries and 650 testing centers spread across the world. Due to security concerns, the majority of GMAT Test Centers are closed. GMAC permits applicants to take the GMAT at home because of COVID-19. The GMAT Testcentres has been kept on hold due to security precautions for applicants and test center personnel.
GMAT is conducted throughout the year in more than 114 countries and 650 testing centers spread across the world. Candidates can choose the testing center based on preference. Here is a list of GMAT Examination Centres:
 

Colleges Accepting GMAT Score:

XLRI Xavier School of Management

Indian Institute of Management (IIM)

International Management Institute (IMI)

Manipal University

Xavier Institute of Management Bhubaneswar (XIMB)

Institute of Public Enterprise (IPE)

Indian Institute of Management

Institute of Management Technology

CMS Business School - Jain University

TA Pai Management Institute (TAPMI)

Manipal University - Jaipur

Birla Institute of Management Technology

Indian Institute of Management (IIM)

Christ University (CU)

Vellore Institute of Technology - VIT University

Lal Bahadur Shastri Institute of Management (LBSIM)

Institute of Management Technology - (IMT)

Indian Institute of Management (IIM)

Dhruva College of Management

IPS Business School - JAIPUR

Indian Institute of Management (IIM)

 

GMAT Cut Off

The majority of B schools throughout the world have established various GMAT cutoff scores. A GMAT score is also needed for MIM programs at European universities, in addition to MBA programs in the United States. The following GMAT requirements apply to the world's best business schools:

Top Business Schools

GMAT Score

Massachusetts Institute of Technology (MIT), Massachusetts

720

Stanford University

733

The University of California, Berkeley (UCB)

725

Harvard University, Massachusetts

729

The University of California, Los Angeles (UCLA)

719

The Hong Kong University of Science and Technology

770

The University of British Columbia, Vancouver

550

The University of Western Ontario, Ontario

661

University of Toronto

665

National University of Singapore, Singapore

670

Nanyang Technological University, Singapore (NTU)

662

London Business School, London

708

University of Oxford, England

690

The University of Melbourne, Melbourne

680

The University of Sydney, Sydney

600+

The University of New South Wales,(UNSW)

650-670

Wharton, University of Pennsylvania

722

McGill University

694

What makes GMAT different from other Exams?

Unlike other MBA Entrance Exams conducted only once, GMAT, on the other hand, can be taken as per the convenience of the candidate.  GMAT Registrations are available throughout the year and based on GMAT Preparation candidate can choose the preferred date. In fact, if a candidate is not satisfied with his or her performance in the examination they get the privilege to sit for the examination on the next preferred date. Application Fee of GMAT is however higher than all other Management exams. For one attempt at GMAT candidate needs to pay $250 which is approximately Rs 17,500 in Indian currency and it is evidently high from application fee of CAT (Rs 1,900) or XAT (Rs 1,700).

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Is the GMAT Exam Difficult?

The GMAT is taken by more than 2 lakh applicants annually. The average score at premier colleges is 720 or higher, while just 6% of applicants receive a score of 700 or above. Candidates will constantly be under strain due to the GMAT's scheduling requirements and machine adaptability. GMAT is harder than it is difficult. For the GMAT to be mastered, candidates must develop the notion.

Why Apply for GMAT?

Taking the GMAT exam is required for admission to almost all MBA programs. Success on this standardized test carries advantages both during and after a business school education. There are many reasons to take the GMAT, but the top three are as follows:

  • Admit in a Top Business School
  • High Chance of Scholarship
  • Better Post-MBA Job and Salary

why-gmat

Why MBA from Abroad?

People invest in obtaining an MBA from one of the world's top business schools. One has to be aware of the return on investment upon program completion before applying to a certain business school. Financial Times determines ROI and value for money rankings for the top 100 business schools worldwide each year. ROI is based on a number of factors, including fees, course length, income received by alumni, and other accumulative expenditures in addition to the amount spent and salary obtained after graduation.

Business School

Money Value

Rank in 2022

University of Florida: Warrington

1

26

Pennsylvania State University: Smeal

2

54

Durham University Business School

3

5

Shanghai University of Finance and Economics: College of Business

4

47

Brigham Young University: Marriott

5

33

University of Cambridge: Judge

6

9

Melbourne Business School

7

80

Insead

8

4

Mannheim Business School

9

71

Texas A & M University: Mays

10

86

HEC Paris

11

9

ESMT Berlin

12

81

Shanghai Jiao Tong University: Antai

13

37

University of Oxford: Said

14

21

University of St Gallen

15

68

Warwick Business School

16

43

University College Dublin: Smurfit

17

99

University of Georgia: Terry

18

100

IMD Business School

19

25

University of Connecticut School of Business

20

77

Renmin University of China Business School (RMBS)

21

38

SDA Bocconi School of Management

22

29

University of Texas at Dallas: Jindal

23

81

National University of Singapore Business School

24

15

WHU – Otto Beisheim School of Management

25

64

How Will a candidate finance MBA Abroad?

For applicants who intend to study an MBA overseas, it is a major concern. There are just a few options for financing an MBA.
  1. Many financial service companies provide loans to Indian students who want to study an MBA overseas without any type of collateral. These fintech businesses use algorithms to forecast whether a loan will be repaid.
  2. Education loans with collateral are offered by banks. To authorize a loan from the bank instead of holding assets like real estate, fixed deposits, government bonds, provident funds, and more, either parents or any other relative will function as a "guarantee."
  3. There are also a very small number of need- and merit-based scholarships available. Your GMAT results and academic record will determine which scholarships you are eligible for.
  4. According to the obtained score, individuals can also apply for GMAT scholarships.

Courses to apply with GMAT:

Aspirants of India applying for GMAT and qualifying the same with a valid score are eligible to apply for the below-mentioned management programmes:

  • International MBA
  • International Masters in Management programs
  • One Year MBA in India at colleges like ISB, IIMs, XLRI, SPJIMR, Great Lakes
  • Two Year MBA in India's leading 100+ B-schools/Universities

Colleges Accepting GMAT Score

XLRI Xavier School of Management4.3

XLRI Xavier School of Management

Jharkhand

MBA

₹15.00L (2 Yrs)

Apply Now
Institute of Management Technology4.1

Institute of Management Technology

Uttar Pradesh

MBA

₹17.50L (2 Yrs)

Apply Now
Institute of Public Enterprise (IPE)4.1

Institute of Public Enterprise (IPE)

Telangana

MBA

₹6.50L (2 Yrs)

Apply Now
Manipal University - Jaipur4.2

Manipal University - Jaipur

Rajasthan

MBA

₹8.27L (2 Yrs)

Apply Now
TA Pai Management Institute (TAPMI)5

TA Pai Management Institute (TAPMI)

Karnataka

MBA

₹14.00L (2 Yrs)

Apply Now
View More Colleges

Frequently Asked Questions

How many GMAT attempts are allowed??

Candidates can take the GMAT online exam up to two times.

How long is GMAT score valid??

GMAT scores are valid for five years, and are available for reporting for up to 10 years. Scores over 10 years old are not available.

Can you get MBA scholarships with high GMAT scores??

Yes, you can. Although, scholarship committees do not list a minimum GMAT score to guarantee a scholarship, a high GMAT score only increases your chances of getting one.

Can I get job after GMAT??

Some organizations, especially in industries and roles related to finance, accounting, and business and management, may use them to filter job applications they receive.

What is the salary of GMAT in India??

Average annual salary in E-GMAT is INR 14.1 lakhs. Salary estimates are based on 50 E-GMAT salaries received from various employees of E-GMAT.

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