The GMAT exam is a computer-adaptive test that assesses the candidates’ analytical writing, quantitative, verbal and reading skills in standard written English. The cost of giving the GMAT Exam is US $250. 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.
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, 2,300 + schools accept GMAT Scores for giving admission. Also, there are 650 testing centers in 114 countries that administer the GMAT Exam.
As such, there is no set eligibility criteria set by GMAC, the body conducting 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.
- The candidate must have completed 18 years of age
- There is no upper age limit of the candidate
- If the candidate is between 13 to 17 years old, they should have permission in writing from their parents or legal guardian
- GMAC has not announced any official statement regarding qualification required to appear for GMAT
- Candidates who wish to enroll for an MBA programme should possess a graduate degree in any discipline from a recognized university
The GMAT Exam comprises of four sections:
- Analytical Writing
- Integrated Reasoning
- Quantitative Reasoning
- Verbal Reasoning
The one thing that differentiates GMAT from standardized exams of India is the fact that it has no set exam date. You get an option to choose from many available dates, which means you get to decide when to appear for the GMAT exam. As the exam is conducted around the year, you can appear for the exam at your convenience.