The Graduate Management Admission Test (GMAT) is a standardized exam that plays a key role in business school admissions. This computer-adaptive exam tests a candidate's critical thinking, problem-solving, and data analysis abilities. In November 2023, the GMAT underwent significant changes with the introduction of the GMAT Focus Edition with effect from November 7, 2023, and completely replaced the previous version by February 1, 2024. The new GMAT format aims to be more streamlined for B-schools as well as GMAT hopefuls, with a shorter duration and a greater emphasis on business-related principles. Understanding the current GMAT exam pattern, including these recent changes, can help you prepare better and get the score you want.
Key things to know!
Table of Contents
Top GMAT accepting colleges in India
How to prepare for GMAT
Every individual interested in pursuing an MBA abroad would be familiar with the GMAT. This is the most popular MBA entrance exam in the world. GMAT scores qualify a candidate in pursuing MBA from well-coveted B-schools like Harvard Business School, INSEAD, Stanford, Wharton, etc. which are highly reputed ivy league universities. GMAT provides entrance opportunities for 7000 programs that can be pursued in more than 2300 B-schools in 110+ countries.
A good GMAT score can not only fetch your choice of a master's program from a targeted university but also help you land your dream job. Administered by GMAC. The marking scheme of GMAT is the same for test takers worldwide to ensure impartiality. In simple words, appearing for the GMAT exam gives you an idea of what skills you need to have to pursue an MBA program. from your dream college.
In the last 5 years, the average GMAT scores of Indian applicants have been more than other candidates from all across the globe. This means that despite being one of the most exhaustive and challenging examinations, candidates from our country understand the potential in scoring well in GMAT. Indian applicants had increased acceptance rates in the top 21-50 international B-schools, with a 32% chance of acceptance for scores between 740-750. It is important to note that these figures are based on the legacy GMAT format. As we move to the GMAT Focus Edition, we expect changes in average and median GMAT scores across the board.
Students wondering when is the right time to take GMAT should know that it is offered on-demand and year-round in either online or offline mode. Read on to find everything about the GMAT exam in detail.
While your grades and work history count, the GMAT serves as a universal benchmark for B-schools and evaluates you on a global scale. The skills assessed on this exam ensure you have the essential aptitude and competencies to excel in a rigorous MBA program. In essence, the GMAT is designed to test the capabilities that are directly relevant to your future success.
By taking the GMAT, you demonstrate your commitment to pursuing a business education and stand out from a large pool of candidates vying for spots in prestigious MBA programs.
Understand the purpose in detail:
While the GMAT is a strong tool for MBA admissions, it is important to keep in mind that it's one part of the bigger picture. Admissions teams look at GMAT scores as part of a full review considering other things like job experience, leadership potential, and personal traits.
Taking the GMAT exam offers advantages that can significantly shape your academic and professional journey. Here’s why you must consider it:
A good GMAT score shows you're ready for advanced business classes. It boosts your odds of getting into top business schools in the US. Many well-known B-schools consider the GMAT as a reliable predictor of how well you will do in class, so it is a big part of your application.
The GMAT's widespread acceptance contributes to its popularity. It extends beyond MBA programs; many master's programs in management, like Master in Management (MiM), Master in Entrepreneurship and Management (MiEM), and business analytics programs also consider GMAT scores. This flexibility provides you with more choices when you apply to graduate business programs.
Your GMAT score has a big influence on your financial future. Business schools often use GMAT scores to decide who gets scholarships. A better score can boost your chances of winning bigger scholarships, including full-tuition offers. Additionally, a high score, for example 735+ instead of 705, can yield an incremental return on investment (ROI).
The benefits of a strong GMAT score extend beyond academics. Many top employers, particularly in industries like consulting and investment banking, consider GMAT scores during their hiring process. The exam showcases your mastery of skills highly relevant in business careers, including problem-solving, data analysis, and critical reasoning.
Your GMAT score remains valid for five years, giving you ample time to decide on your graduate education plans. This flexibility lets you keep your options open in your career.
The GMAT is a valuable exam for various individuals pursuing management education and career advancement. You should consider taking the GMAT if you fall into one of the following categories:
If you're planning to apply to MBA programs, taking the GMAT is essential. Your GMAT score showcases your quantitative and problem-solving abilities, critical thinking skills, and readiness for the rigors of business school.
As an undergraduate student, you are in a great spot to take the GMAT. Your mind is primed for learning, so you will grasp GMAT concepts more now than you would later in your career. Additionally, it is easier to fit GMAT prep into your schedule as a student compared to when you have a full-time job. Your score stays valid for five years giving you plenty of time to figure out your grad school plans. By the time you are ready for application, you can focus on developing other aspects of your application, such as leadership skills and work experience.
If you're considering a career change into management-related fields, the GMAT can be an asset. Taking the exam shows you're serious about a business career and proves you've got the skills that matter in business classrooms and jobs.
If you're aiming for a job in finance or consulting, a good GMAT score can boost your chances. Many of the big companies in these fields look at GMAT scores when they are hiring. Getting a high score shows employers you have got the analytical thinking, problem-solving, and quantitative competencies they seek in MBA-level candidates.
The Graduate Management Admission Test (GMAT) is conducted by the GMAC and is open to candidates from around the world. However, a candidate's eligibility should be ascertained before registering for GMAT. In addition, the eligibility criteria of GMAT should always be considered keeping in mind the eligibility criteria of your preferred B-school. If you match the GMAT requirements but fail to match the eligibility of your targeted business program, you will be denied admission, no matter how good your GMAT scores are. A student can appear for the GMAT only 5 times within a year.
Understand basic GMAT eligibility through the help of below given picture:
The GMAT offers flexible scheduling options for candidates. Here's what you need to know about GMAT exam dates in 2024:
Year-Round Availability
Registration Process
Scheduling Tips
Even though you can reschedule the GMAT, it's better to prepare for the date you choose instead of counting on taking it more than once. Keep checking the official website to stay up to date and see any new information about the GMAT exam.
Here is a summary of all the points you need to keep in mind while booking your GMAT slot. The date you choose for taking the GMAT exam will determine your entire plan of action till the GMAT is over.
Gathering complete information |
|
Allotting time spans to all registration activities |
1. Decide which mode of payment you want go for. You can use VISA, Mastercard, American Express, and Discover Network Cards for the payment. 2. If you plan to take the GMAT offline, extract time for checking the testing arrangements. |
Schedule your GMAT Exam Online |
|
The GMAT offers two primary modes of testing to ensure diverse candidate needs and preferences are met:
The traditional method of taking the GMAT is at a physical test center. This option provides a controlled environment designed for standardized testing.
Offline or test centre GMAT is the primary and the oldest option for taking GMAT. To know how to take GMAT through a distinguished test centre which is monitored by Pearson VUE, a candidate needs to read up Testing Rules Agreement. This agreement will enlighten you on the various test policies and inform you of exam day guidelines.
Candidates need to make sure that their preferred test centre should be available on the exam date they’ll book during GMAT registration. As the GMAC is allowing gradual openings of test centres for GMAT all across the globe, candidates can easily resort to the old traditional variant of giving GMAT in an exam centre that is near to their residential location.
Here are the necessary exam day practices you should follow to ensure clear and fair GMAT test-taking experience:
GMAT can be stated as the most challenging exam in the world. To ensure sure success, it is vital to undertake the essence of the right type of GMAT coaching.
Enroll for GMAT Online CoachingIn response to global needs and to increase accessibility, the GMAT is also available in an online format that can be taken from home.
Both test modes cover the same content and are equally accepted by business schools. You can choose between the test center and online GMAT based on your preference, location, and other circumstances.
Here are some points that are the same for both the online and test center GMAT exam:
Explore GMAT Classroom Programme for freshers as well as working professionals to learn the real mantra of acing GMAT by CL experts. Get in touch with the representatives to gain insights on course deliverables.
Aspects |
Test Center |
Online |
Appointment Availability |
You can book 7 days a week when the test center is open. |
You can book 24/7, any day of the week. |
Cost |
Fees vary from $250 to $275, based on location. |
Fees vary from $275 to $310, based on location. |
Resources |
You get 5 laminated sheets and 2 dry erase markers. |
You can use a real whiteboard with a marker and eraser, plus you have access to an online whiteboard. |
Note: Candidates taking the test from the Indian subcontinent require their e-Aadhaar (electronic Aadhaar) in the PDF format as proof of identification. The e-Aadhaar should be original and candidate's photo should be decipherable. Also, the name and date of birth of the candidate should be similar to the GMAT registration form and identification proof.
GMAT can be stated as the most challenging exam in the world. To ensure sure success, it is vital to undertake the essence of the right type of GMAT coaching. Read this article to address your concerns regarding GMAT classroom coaching and make a thought-out decision.
GMAT registration can take place online by visiting the official website and creating your account. The registration of GMAT is held in a flexible mode, i.e., candidates can book the exam slot according to their convenience. It is recommended that a candidate registers 90 days before the examination. That way, a candidate will have ample time to prepare for the examination and also just enough time to apply to their preferred b schools which require a separate application. The extra time would even help you read about top b schools accepting GMAT scores within the country.
Paying the application fee is a mandatory step in completing the registration of GMAT successfully. The application fees for GMAT is US $275, i.e, around INR 27,000.
In case a candidate changes his/her mind regarding taking GMAT on the booked day and wishes to choose a different time slot, they can either reschedule their exam as per their requirement. Here are the cancellation charges a student will have to bear while rescheduling the exams as per the time span remaining to their selected GMAT test:
GMAT Exam Cancellation Charges out of total Registration Fees i.e., USD 275 |
|
Cancellation charges 60+ days before exam date |
US$110 Refund |
Cancellation Charges 15-60 days before exam date |
US$80 Refund |
Cancellation charges 14 days or less before exam date |
US$55 Refund |
Rescheduling Fee |
|
0-14 days before exam |
Fee of US $165 |
15-60 days before exam |
Fee of US $110 |
>60+ days before exam |
Fee of US $55 |
GMAT has a defined exam pattern. The mode of the GMAT is “personalized” and “online proctored” where the medium of language is English. The duration of the exam is 2 hours and 15 minutes in total. The paper is divided into three major sections,
A candidate needs to answer all the 64 questions within a specific time duration without leaving any questions unanswered. If you do not complete a section of the exam within the given time, your score will be reduced based on how many questions are left unanswered.
Here is a descriptive overlay of GMAT exam pattern:
Section of GMAT (Order-wise) |
Time Duration |
Number of Questions |
Computer Adaptive |
Verbal Reasoning |
45 minutes |
23 Questions |
Yes |
Quantitative Reasoning |
45 minutes |
21 Questions |
Yes |
Data Insights |
45 minutes |
20 Questions |
Yes |
GMAT is mostly taken by the candidates who are looking to associate themselves with the world's leading universities, as management graduates (MBA) or Masters in Management (MIM). The acceptability of GMAT scores is way more than any other aptitude test. Getting informed about the GMAT syllabus in advance progresses a candidate’s problem-solving instincts and helps them develop familiarity with their strengths and weaknesses. The GMAT syllabus is built of four blocks or sections as per GMAT Exam Pattern in all which resembles other aptitude screening examinations nationally and internationally.
Students appearing for GMAT get a confirmation letter in place of the regular admit card. The confirmation letter can be downloaded from the official website. Candidates are also advised to carry a printout of the confirmation letter on the D-day. The components of the letter are going to be as follows:
The newly introduced GMAT scoring system, with the total score range shifting from 200-800 to 205-805. Unlike the previous version where only Quantitative and Verbal sections contributed to the total score, the new GMAT Focus Edition simplifies the process by including all three sections in the total score calculation. This change provides a more comprehensive representation of a candidate's overall performance across all tested areas.
Here is a section-wise GMAT Exam score:
Score |
Range |
Score interpretation |
Total Score |
205–805 |
Your total GMAT score is calculated based on the scores you get in each of the 3 sections of the exam, where each section holds equal weightage. |
Quantitative Score |
60-90 |
The scores are based on the number of questions you answer and the difficulty level of each question. Answer one question correctly and you will be qualified for the next question of a higher difficulty level. |
Verbal Score |
60-90 |
Being an adaptive section, GMAT Verbal scores are also based on how many questions you get right and how tough each question is. |
Data Insights |
60-90 (Increment of 1) |
Just like Quant and Verbal, GMAT Data Insights section is also computer-adaptive, meaning that the difficulty of the questions will adjust based on your performance, and this will directly impact your final score for the section. |
Here's what you should know about getting your GMAT scores:
GMAT Score cutoff varies depending on factors such as the exam's difficulty level, number of candidates taking the test, seat vacancies, and average scores. While there isn't a fixed minimum/maximum score for the GMAT Focus exam, a score of 655-705 and above is competitive for top 10 universities.
Please note: The GMAT Exam (Focus Edition) score of 645 equals a 700 on the standard GMAT exam, according to mba.com. They both fall in the 89th percentile showing the same level of achievement.
Business School |
Minimum Cut-off / Average GMAT Score |
Stanford GSB |
738 (average) |
Harvard Business School |
740 (median) |
Wharton School |
728 (average) |
Chicago Booth |
728 (average) |
MIT Sloan |
730 (median) |
Columbia Business School |
729 (average) |
Northwestern Kellogg |
731 (average) |
Berkeley Haas |
733 (average) |
Yale SOM |
720 (median) |
ISB (Indian School of Business) |
710 (average) |
IIM Ahmedabad |
700+ (recommended) |
For institutes that accept GRE scores, the GMAT scores can be calculated using the GRE to GMAT calculator.
One of the major things to note is the term of score validity. GMAT exam scores are valid for a period of 5 years. The candidate must keep this in mind while taking up the admission process, so as to properly fix upon exam dates.
Many people see the GMAT exam as a tough test, but how hard you find it depends on how well you prepare and your abilities. As a computer-adaptive test, the GMAT tailors questions to your ability, making it a unique experience for each test-taker. One of the key challenges of the GMAT is managing your time effectively. With a total test duration of 2 hours and 15 minutes, you need to keep a steady pace through each section. Consistent study and practice are crucial to familiarize yourself with the exam format and question types.
It can be overwhelming to prepare for an exam that is known for having a high score bar but preparing the right way and taking the right steps will determine the result. While there are many tips and advice out there to obtain high GMAT scores, there are a few fundamentals that cannot be ignored. Some of these fundamentals are mentioned below for your perusal:
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The full form of GMAT is the Graduate Management Admission Test.
No, the GMAT is not only for MBA programs abroad. Although it is common for international MBA admissions, many top business schools in India also accept GMAT scores.
Yes, some top Indian institutions that accept GMAT scores include the Indian School of Business (ISB), the Indian Institutes of Management (IIMs), XLRI Jamshedpur, and SP Jain Institute of Management & Research.
Many business schools accept both exams, but the GMAT remains the preferred test for MBA admissions. The GMAT has a design to evaluate skills that MBA programs value. Your strengths and the preferences of your target schools should guide your final decision. The choice ultimately depends on your strengths and target schools' preferences.
Your career goals should determine whether you take the CAT or the GMAT. CAT is primarily for admission to Indian B-schools, especially IIMs, with scores valid for only 1 year. GMAT is accepted globally and by some top Indian B-schools, with scores valid for 5 years. While GMAT can be taken multiple times a year, you can take CAT only once annually. Consider your target schools and long-term plans when deciding.
While both exams test verbal skills, the GMAT verbal section is generally considered more challenging and business-oriented than the SAT. The GMAT focuses more on critical reasoning and reading comprehension of complex business-related texts.
Yes, many top Indian business schools accept GMAT scores.
For regular MBA programs at IIMs, the CAT exam is typically required. However, some IIMs may accept GMAT scores for their executive MBA programs.
Yes, it can be worthwhile if you're planning to pursue an MBA or other graduate management education. Many business schools value the diverse perspectives that experienced professionals bring to the classroom. There's no age limit for taking the GMAT.
Work experience is not required to take the GMAT. However, many top MBA programs prefer or require work experience from applicants.
Yes, mathematics is a significant component of the GMAT. The Quantitative Reasoning section tests your skills in arithmetic, algebra, geometry, and data analysis. However, the math skills tested are generally at a high school level.
For most of the GMAT, including the Quantitative Reasoning section, you cannot use a personal calculator. However, an on-screen calculator is provided for the Data Insights section.
Neither exam is objectively easier; it depends on your individual strengths and goals. The GMAT tends to have more challenging quantitative questions and more business-focused verbal questions. The GRE typically has more challenging vocabulary in its verbal section. Consider taking practice tests to see which suits you better.