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GMAT Preparation – Dates, Locations, Practice Materials, & Expert Tips

The Graduate Management Admission Test (GMAT) is a computer-adaptive test required for admission to business schools and management programs such as MBA or finance-related courses abroad. A strong GMAT score is essential for gaining entry into top-tier business schools.

GMAT Exam Overview:

The GMAT assesses your abilities in reading, verbal reasoning, writing, and analytical reasoning through four main sections:

Quantitative
Verbal
Integrated Reasoning

In this guide, we will provide comprehensive information about the GMAT test, including its format, syllabus, preparation tips, slot booking procedures, test dates, exam centers, and countries that accept GMAT scores for admissions.

Important Updates about the GMAT Test

The Graduate Management Admission Council (GMAC) recently announced that a new GMAT Focus Edition for 2023 will be tested in the second and third quarters of 2023, with an expected full rollout by the fourth quarter of 2023. This edition of the GMAT aims to align with evolving business needs, emphasizing critical thinking and data literacy skills.

The application process for the GMAT Focus Edition will commence on August 29th. GMAC now allows candidates to schedule their test appointments up to 6 months in advance and register using Aadhar as their identification document. Candidates preparing for the GMAT 2023 exam can benefit from GMAT Prep Guide recommendations to excel on the test. Additionally, the online GMAT exam currently includes 5 free score reports.

Why is the GMAT Exam Required?

The GMAT is widely recognized and accepted by business schools worldwide. It offers an unbiased assessment and allows flexibility in choosing the exam date. The GMAT exam connects you with the most suitable business schools based on your performance and aspirations.

Program Recommendations Based on GMAT Score

The Program Recommendation service is a unique offering for GMAT exam takers. This feature provides a comprehensive list of the top ten recommended business schools tailored to the test-taker’s profile, GMAT scores, and interests. By sending the score report to these recommended business schools, candidates can compare their GMAT score with others admitted to the same institutions.

Based on this comparison, candidates receive a GMAT competitive rating categorized as:

Average
Excellent
Above Average
Low

With this competitive rating, candidates can make informed decisions about programs offered at the recommended business schools, helping them choose the best fit for their academic and career goals.

How to Prepare for the GMAT Test?

For candidates embarking on GMAT preparation, here are some quick tips to help you get started:

Familiarize Yourself with Exam Components: Learn about the different sections of the GMAT and create a study plan that addresses each component appropriately.
Create a Study Schedule: Develop a comprehensive GMAT study schedule and commit to following it consistently.
Utilize GMAT Prep Materials: Gather GMAT preparation materials both online and offline. There are numerous online tools available to assist you in preparing effectively for the GMAT exam.
Focus on Time Management Skills: Since the GMAT is a timed test, practice skills that will be beneficial during the exam. Identify your weak areas and practice to improve them to avoid impacting your overall performance on test day.
Practice Regularly: Practice is essential for success, so make use of study materials and take advantage of free GMAT sample papers to assess your preparation level and identify areas needing improvement.

By following these tips and dedicating time and effort to your GMAT preparation, you can enhance your readiness and performance on test day.

Which Test is Easier: GMAT or GRE?

The decision between GMAT and GRE often depends on individual strengths and preferences. If you excel in math and logic, the GMAT may be a better choice due to its emphasis on these areas. The GMAT typically includes more logic-based questions, whereas the GRE tends to feature more geometry questions.

Ultimately, whether the GMAT or GRE is easier is subjective and varies based on the test-taker’s strengths and the specific requirements of MBA admissions. It’s recommended that candidates assess their skills and choose the exam that aligns best with their abilities and goals for business school admission.

How Long are GMAT Scores Valid?

GMAT scores remain valid for 5 years from the date of your examination. This provides test-takers with ample time to plan their educational pursuits within a 5-year timeframe without any concerns about score expiration.

What are the Costs Associated with GMAT?

The registration fee for the GMAT is $275.
Cancellation charges amount to $100 if canceled at least 60 days before the test date.
The rescheduling fee is $50 if rescheduled at least 60 days before the test date.

How to Register for the GMAT Test in 2024?

To register for the GMAT test in 2024, follow these steps on the official GMAT website:

Create an Account: Begin by creating an account with your personal details.
Enter Personal Information: Provide necessary personal details such as your name, address, and other required information.
Submit Academic and Work Experience Details: Enter your academic qualifications and work experience details accurately.
Review and Submit: Double-check all entered information for accuracy and completeness, then submit your registration.
Schedule Test and Center: Choose a test date and location that suits your schedule and preferences.
Select Time and Slot: Select your preferred time slot for the test.
Pay Registration Fee: Complete the GMAT registration by paying the required registration fee.

By following these steps, you can successfully register for the GMAT test in 2024 and secure your preferred test date and location.