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About GMAT 2024

GMAT (Graduate Management Admission Test) is a computer-based test used by students to take admission to MBA courses abroad and pursue business or management-related courses in top B-schools based in foreign countries. The GMAT Exam will be discontinued after January 31, 2024. Its latest version, GMAT Focus Edition is conducted by GMAC from February 1, 2024.

In India, the GMAT Exam fee is USD 275 at the test centre, while for online exam, the GMAT fee is USD 300.  GMAT is used for evaluating a candidate’s aptitude in terms of quantitative, verbal, and data interpretation.  The GMAT exam is mainly for candidates who opt for an MBA admission abroad. Besides, it is also useful for MSc in Finance courses at the best business schools abroad. The GMAT exam is usually conducted throughout the year and various dates are available in a month. Hence, it becomes easy to register for the GMAT 2024 exam for international students.

According to GMAC statistics, new registrations are mostly done based on GMAT scores in different B-schools across the world for MBA admissions. International students can also register for other business-related course admissions using their GMAT scores. The GMAT test will cease to continue after January 31, 2024. Henceforth, only the GMAT focus edition will be available for registration.

From January 2024 onwards, the GMAT option will no longer be available. However, the scores of both the older and latest versions of the GMAT will have validity for a stipulated period of five years.

Key Pointers for GMAT 2024

  • Official Website: www.mba.com
  • Used for: MBA Courses in India and Abroad
  • Conducting Body: GMAC (Graduate Management Admission Council)
  • Mode of Exam: Computer-based adaptive test
  • GMAT Fees in India: USD 300 (online) and USD 275 (at a test centre)
  • GMAT Score Range: Minimum 205, Maximum 805

What is GMAT?

GMAT entrance is primarily conducted to assess a candidate’s analytical skills regarding quantitative and verbal reasoning. GMAT mainly assesses one’s fundamental mathematical and verbal competencies that are required in management and other related courses. Therefore, students from all backgrounds can prepare and appear for the GMAT exam.

GMAT Full Form

The full form of GMAT is Graduate Management Admission Test. Commonly known as GMAT, it is a standardized exam required for admission into MBA and other graduate business programs abroad. Conducted by the Graduate Management Admission Council (GMAC), GMAT is applicable in more than 100 countries.

GMAT Registration is open throughout the year. Hence, students can schedule the exam based on availability at different exam centres.

GMAT Focus Edition

The GMAT Exam Focus Edition has been newly launched by GMAC. It will replace the current GMAT exam starting February 1, 2024. The new Focus Edition of GMAT focuses more on critical reasoning and data analysis skills that are imperative in today's business world.

The new edition of GMAT was officially released in June 2023 with preparation material. However, the current GMAT is still available for registration until early 2024. Going further, the applicants need to register for the GMAT Focus Edition. The GMAT Focus Edition is now live for registration.

For any query, students can contact:

  • Phone: +91 120-439-7830, 9 AM to 6 PM (IST)
  • Fax: +91-120-4001660.
  • Contact: https://www.mba.com/service/contact-us.aspx

GMAT 2024 Highlights

Full Exam NameGraduate Management Admission Test
Short Exam NameGMAT
Conducting BodyGraduate Management Admission Council
Exam LevelInternational Level Exam
LanguagesEnglish
Mode of ApplicationOnline
Mode of ExamOnline
Participating Colleges197
Exam Duration3 Hours 30 Minutes

Download all details about GMAT 2024

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Applications for Admissions are open.

Apply to Jindal Global Business School | MBA Admissions 2024

GMAC has not specified any eligibility criteria for the new edition of the GMAT exam. However, it is better to ensure that the students aspire to meet all the requirements set by the colleges or universities they are planning to attend after taking the GMAT.

GMAT Eligibility Criteria 2024

GMAT Exam Age Criteria

Educational Qualification

Prior Professional Experience

The minimum age of the candidate should be 18 years although there is no upper limit.

There is no official announcement from GMAC regarding the qualifications required to appear for GMAT.

No work experience is required to appear for the GMAT. It is primarily meant for evaluating academic abilities and skills relevant to graduate management education.

If the candidate has not attained 18 years of age, they should submit a No Objection Certificate (NOC) from their parents or legal guardian.

A graduate degree in any discipline from a recognized university is required to enroll in an MBA programme.

However, a certain amount of work experience is required for admission into MBA programs.

Mode of Application : Online

Mode of Payment : Net Banking | Credit Card | Debit Card | NEFT

The GMAC states that aspiring applicants can register for the GMAT six months before the test date or as little as 24 hours beforehand. However, it is recommended that students plan and book their slots for their GMAT exam in advance.

Candidates can register and apply for the GMAT either online, by phone, or by postal mail.

GMAT Exam Fees 2024

The GMAT exam fee in India is USD 300 for the online format and USD 275 for the test center format. Additionally, applicants must pay a rescheduling or cancellation fee if they intend to change or cancel their 2024 GMAT exam date. Students who fail to attend their scheduled exam will be charged the full GMAT exam fee.

Particulars

GMAT Test Centre

GMAT Online

GMAT Exam Fees in India

USD 275

USD 300

Enhanced Score Report

USD 30

NA

Additional Score Report

USD 35 per report

USD 35 per report

GMAT Score Cancellation

USD 25

NA

Reinstate GMAT Score

USD 50

NA

Cancellation Charges for GMAT

The GMAT exam cancellation fee depends on how far in advance students cancel their appointments:

  • If a candidate cancels 1-14 days before the scheduled exam date, the fee is USD 220 for a test centre GMAT or USD 240 for an online GMAT.
  • If a candidate cancels 15-60 days before the scheduled exam date, the fee is USD 195 for a test centre GMAT or USD 210 for an online GMAT.
  • If a candidate cancels more than 60 days before the scheduled exam date, the fee is USD 165 for a test centre GMAT or USD 180 for an online GMAT.

No cancellations or modifications can be made within 24 hours of the scheduled exam time.

GMAT Rescheduling Fee

The rescheduling fee for the GMAT exam depends on how far in advance a candidate changes his/her appointment date and whether he/she takes the test at a centre or online. If a student reschedules 1-14 days before the scheduled exam date, the fee is USD 165 for a test center exam and USD 180 for an online exam.

Rescheduling 15-60 days in advance costs USD 110 for an in-person exam and USD 120 for online. Rescheduling more than 60 days before the scheduled date incurs a fee of USD55 for in-person and USD 60 for online. The specific rescheduling fees are mentioned below:

  • USD 55 for more than 60 days before the appointment at GMAT Test Centre and USD 60 GMAT online.
  • USD 110 for 15 to 60 days before the appointment at GMAT Test Centre and USD 120 GMAT online.
  • USD 165 for 1 to 14 days before the appointment at GMAT Test Centre and USD 180 GMAT online.
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The GMAT 2024 is a standardized test that lasts two hours and fifteen minutes. The maximum possible score for this exam is 805 points. The GMAT syllabus includes four sections - analytical writing, integrated reasoning, quantitative reasoning, and verbal reasoning. The detailed section-wise syllabus for GMAT Focus Edition 2024 is given below:

Section

GMAT Syllabus

Quantitative Reasoning

  • Arithmetic
  • Elementary Algebra

Verbal Reasoning

  • Reading Comprehension that includes understanding words and statements, logical relationships between significant points, and drawing inference
  • Critical Reasoning that includes argument making and evaluation, and formulating a plan of action

Data Insights

  • Data Sufficiency (Quantitative Data Analysis)
  • Multi-source Reasoning (Data examining from multiple sources)
  • Table Analysis (Sorting and analyzing relevant data)
  • Graphics Interpretation (Information interpretation from a graphical image)
  • Two-part Analysis (Solving complex problems)


The evaluation criteria for each section are mentioned below:

Section

Evaluation Criteria

Data Insights

Aims at gauging a candidate’s data analysis skills and his/her information evaluation ability presented in multiple formats.

Quantitative Reasoning

In this section, a candidate’s conclusion-drawing abilities are tested using his/her reasoning skills.

Verbal Reasoning

This section highlights a candidate’s ability to read and comprehend written material. It also gauges a candidate’s ability to evaluate arguments and his/her English proficiency skills.

Applications for Admissions are open.
Jindal Global Business School | MBA Admissions 2024

MBA (2 Years) & MBA in Business Analytics (1 Year) @ JGBS | NAAC Accredited | AACSB Member |92% Placement Track | Highest CTC 11 LPA

To make a comprehensive preparation for the GMAT, students need high-quality books and study materials. Besides, students should keep themselves highly motivated and maintain self-discipline. However, if time is limited and one wants professional guidance to help him/her gain an edge, joining a local GMAT coaching center is recommended.

Here are a few GMAT preparation tips that candidates can follow:

  • Get Familiar with the Exam Format: Knowing the GMAT exam structure comprehensively is one of the foremost things that candidates should prioritize. It will help them in creating a suitable study plan.
  • Maintain Consistency: Candidates should focus on creating a study plan that works effectively for them without any distractions. They should have a fixed amount every day for GMAT prep.
  • Go for Optimum Quality Study Material: Candidates should prefer collecting high-grade GMAT prep material be it., GMAT prep books, online courses, or practice tests. It is advisable for candidates to choose resources from official GMAT prep providers. The Official Guide for GMAT Review is an authentic source for practice questions and other GMAT prep-related material.
  • Make Capital Out of Online Resources: There are innumerable resources available online in the form of websites and related forums. Candidates can take advantage of these to gain valuable insights and different perspectives.
  • Identify the Weak Areas: It is essential for candidates to figure out their weak areas as soon as they start the preparation process. It will help them focus more time and make strategies to address their weak areas. In this context, official GMAT practice tests can be highly helpful.

Section-wise Preparation Tips for GMAT 2024

It is advisable for candidates to prepare a study plan and follow it religiously. The second step is to gather the right GMAT prep materials based on their needs. The following tips are recommended for section-wise preparation of the GMAT exam:

  • To prepare for the Quantitative Reasoning section, students should cover problem-solving, Algebra, and Arithmetic
  • For the Verbal Reasoning section, students should cover reading comprehension and critical reasoning
  • As far as Data Insights is concerned, students should focus on a detailed study of data sufficiency, table analysis, graphical interpretation, and two-part analysis.

The new GMAT exam pattern encompasses three sections:

  • Quantitative Reasoning section of 45 minutes for 21 questions
  • Verbal Reasoning section of 45 minutes for 23 questions
  • Data Insights section of 45 minutes for 20 questions

It is to be noted that there will be only one ten-minute optional break for candidates during the GMAT exam.

GMAT 2024 Mock Test

GMAT practice tests are critical for effective GMAT preparation. We provide sample GMAT questions for each section to help beginners. It is highly advisable for aspiring candidates to take a GMAT mock test free online. The mock test will help them identify their mistakes and correct them before the GMAT 2024 exam.

Mock exams are an integral part of GMAT prep. Hence, students should not overlook the importance of these tests.

GMAT 2024 Exam Centers

StateCity
GujaratAhmedabad
Surat
PunjabAmritsar
KarnatakaBangalore
Manipal
Madhya PradeshBhopal
Tamil NaduChennai
UttarakhandDehradun
AssamGuwahati
RajasthanJaipur
Pilani
West BengalKolkata
Uttar PradeshLucknow
Noida
MaharashtraMumbai
Pune
DelhiNew Delhi
HaryanaGurugram
JharkhandRanchi

Documents Required at Exam

  • Valid government issued passport

While choosing the GMAT test center, make sure to book the exam 2 to 3 months in advance at the nearest location to avoid extensive travel before the test date. Once students have selected their state and city, they should check availability at their nearby GMAT centers to find the optimal date and location.

197 Bschool Colleges Accepting Admission
through GMAT

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After completing the GMAT test, candidates receive a comprehensive GMAT Score Report. However, the AWA Score is not included. The candidate has the discretion to accept or reject this initial score report. If accepted, the candidates and their chosen institutes can view the results. However, if declined, no one can access the GMAT results.

Candidates can download an unofficial GMAT score report once the exam ends. Within 20 days of taking the test, candidates will receive the official GMAT Score Report with the full AWA Score included.

Score Calculation for GMAT

The GMAT Score Report includes a candidate’s scores for the four exam sections viz; Verbal, Quantitative, Integrated Reasoning, and Analytical Writing Assessment as well as the total score.

All scores are reported on a fixed scale and represent the official scores that will be sent to a candidate’s selected score recipients. Keep in mind that only the verbal and quantitative section scores are used to calculate the total GMAT score.

The GMAT Score Report includes the following segments:

  • Quantitative Score ranging from 0 – 60 with percentile
  • Verbal Score ranging from 0 – 60 with percentile
  • Total GMAT Score ranging from 200 – 800 with percentile
  • AWA Score ranging from half-integers 0 to 6 with percentile
  • Integrated Reasoning score ranging from integer from 1 to 8

Score Validity of GMAT 2024

It is to be noted that the GMAT scores remain valid for five years whether a candidate has appeared for the older version of the GMAT or the Focus Edition. Candidates should check the application deadlines of various universities and their study abroad intakes prior to scheduling their GMAT exams.

Accessing the GMAT Score Report Online

The candidates should plan their application documents for the GMAT exam 2024 in advance. Candidates can access their GMAT score report from the link received from GMAC on their registered Email ID. They are advised to follow the instructions in the Email. The link given in the Email will help the candidates check their official GMAT Score Report.

Colleges for GMAT 2024

The GMAT is accepted for admission to as many as 7000 graduate business programs at more than 2,000 business schools approximately across the globe. Top business schools usually require a GMAT score above 720.

Management schools must be accredited to accept GMAT scores. The GMAT score is one of the most important factors in the admissions process for top global business schools. More than 110 countries worldwide accept the GMAT.

Applicants may also need to submit GRE scores, which can be converted to the GMAT scale using a GRE to GMAT conversion tool.

Top Indian and Abroad Universities Accepting GMAT for MBA

The top MBA Indian and abroad universities that accept GMAT for MBA, PGDM, and other related courses of one or two years duration in management are tabulated below:


The aforementioned table lists the top GMAT participating universities in India and abroad where students can apply with their GMAT scores. Before applying, in-depth research and comparison of the admission requirements, curriculum, and reputation of the selected institutions should be done.
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General Information

Frequently Asked Questions (FAQs)

Question:Is getting 750 in GMAT tough?

Answer:

Scoring 750 or higher on the GMAT indicates that a candidate has occupied a place in the top 2% of all scores since a 750 equates to the 98th percentile and a 760 represents the 99th percentile. It is undoubtedly not easy to score 750 on GMAT with a few days of preparation. Scoring 750 is definitely easier for candidates who undergo thorough preparation consistently.

Question:What is the GMAT exam for?

Answer:

The GMAT is a standardized test that assesses critical thinking, quantitative skills, and verbal ability to evaluate applicants for graduate business school programs. Accepted by most business schools across the globe, it is one of the first steps for pursuing a master's degree in business administration or other management courses.

Question:Is GMAT tougher than CAT?

Answer:

If we consider the overall difficulty level of the CAT and GMAT, the GMAT is less difficult than the CAT because the syllabus pattern of the CAT is not properly defined. It indicates that a candidate has to relentlessly prepare and needs more preparation time for the CAT. For the GMAT, with dedicated preparation and effort, a candidate can score 700+.

Question:What is the difference between GMAT and GMAT Focus Edition?

Answer:

The basic difference between the standard GMAT and the new Focus Edition is that the previous edition was longer in duration. It also included a writing section and had four sections with more questions. With a shorter duration, the GMAT Focus Edition has just one optional break. Besides, it has no writing section and consists of only three sections with 64 total questions.

Question:How hard is the GMAT test?

Answer:

The Graduate Management Admission Test (GMAT) comprehensively assesses a candidate’s skills in terms of data sufficiency, quantitative reasoning, and verbal reasoning skills under tight time constraints. Hence, getting a competitive score on the GMAT is quite achievable with extensive preparation and proficiency across the tested skill areas.

Questions related to GMAT

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Showing 219 out of 219 Questions
29 Views

CAT or GMAT which one is tougher?

Porishmita Paul 19th Mar, 2024

Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.

GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.

8 Views

What are some good books for the GMAT preparation?

shivamtrivedi0005 5th Mar, 2024

Hello aspirant,

Here below are the name of some of the best books for GMAT preparation:

1. The Official GMAT Guide 2024

2. Manhattan GMAT Prep

3. Kaplan GMAT Prep Plus 2024

4. PowerScore GMAT Critical Reasoning Bible

5. Veritas Prep GMAT Quant Score on Point

for more information, please visit the following link:

https://studyabroad.careers360.com/articles/gmat-books

Thank you

Hope it helps you.

19 Views

Why is the GMAT so difficult to crack? Can an average student make a 730+ score? If I havent been able to, am I not studying hard enough or efficiently ?

satyamercedes0626 3rd Mar, 2024

Hello,

Hope you are doing great.

Answering to your question, In the traditional sense, yes, the GMAT is considered a challenging test, but the difficulty lies not so much in the content as in other factors. While the quant section may pose challenges, covering basic school-level math, most of the tested topics are typically familiar from earlier education. Overcoming the GMAT's difficulty primarily involves revisiting and reinforcing these foundational math concepts.

The true challenge of the GMAT stems from time constraints and the pressure of the exam environment. Despite the quant section focusing on school-level math, the key hurdles are managing time efficiently and handling the stress of the test itself. It's crucial to recognize that success on the GMAT is more about mastering nerves and time management than about tackling exceptionally complex content.Establishing a disciplined study routine and dedicating ample time to practice are key strategies to navigate the challenges of the GMAT successfully. With consistent effort and practice, even an average student can achieve a score of 700 or higher.

In essence, while the GMAT is often perceived as a "difficult" test, diligent study and routine practice over a few months can lead to success.

Hope this helps!!


24 Views

Which is the best coaching institute for the GMAT?

Abhinav Singh 24th Feb, 2024

Hello Aspirant

The question could have been more specific if you're looking for GMAT coaching offline or online.
Here are the best online GMAT coaching options
1) Manhattan Prep: Their quant and DILR are highly praised.
2) GMAT Ninja: they are so far the best for verbal ability.



28 Views

Is GMAT not applicable for masters courses apart from MBA ?

Stuti Jain 7th Mar, 2024

The GMAT exam is a widely accepted test for admission to management courses to study abroad. The GMAT scores are mainly considered for the Masters in Management (MIM) and Masters in Business Admission (MBA). However, the test is not limited to the flagship MBA programme, GMAT test scores are also considered for other courses, which are:

  • MS in Finance
  • MS in Supply Chain Management
  • Business Analytics
  • Marketing
  • International Business
  • Corporate Finance
  • International Construction Management
  • Technology Management
  • Global Business Management
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