The Graduate Management Admission Test (GMAT) is a computer-adaptive test which assesses a person’s analytical, writing, quantitative, verbal and reading skills in standard written English. This test is taken in preparation for being acknowledged into a graduate management program, such as MBA and Masters in Finance connected courses.
The GMAT exam is a computer adaptive test but not a computer based test, which means that the student will get one question at a time and depending on the accuracy of the previous answer, the effort level of the next question will be ascertained. The average scores necessary for universities overseas varies; top rank universities require at least 710, while middle rank universities accept 600.
For Executive MBA, GMAC has recently announced a new Mini GMAT called Executive Assessment test. This exam is particularlyplanned for EMBA applicants and is of considerably smaller duration. It is meant to test analytical and logical thinking of the applicant, which is more suitable for the Executive MBA course.
The GMAT test pattern contains of primarily four segments which will test the candidate’s’ capabilities on different parameters. These are – Writing, Reasoning, Verbal and Quantitative skills. The GMAT exam will be conducted in a time span of 3 hours and 30 minutes. GMAT scores are given with an increment of 10 points for example: 550, 560 & 570 etc.
GMAT Score validity – GMAT exam scores are valid for five years, and are available for reporting for up to 10 years. Scores beyond 10 years are not available. Learn more about GMAT scores and percentile.
The students can benefit their GMAT result as soon as the exam’s over. The student will have an option of accepting it or rejecting it. In the case of accepting the result, the student and the institutes of choice can view the result; but if the student declines the result none of the parties will be able to view the result of GMAT. Once the exam is over, students can download the non-official GMAT result. The main GMAT result can be downloaded after 20 working days from one’s individual account on the GMAT website.
The most important question that anyone preparing for GMAT faces is when to start preparing for GMAT? There are no fixed official GMAT dates; you can select any date according to your suitability and accessibility. In case you need to retake the GMAT exam you can do so after 16 days. You can take or retake the GMAT exam after each 16 days. You can apply for the exam a maximum of five times in a year. Ideally, you are suggested to register yourself two to three months before the exam date. If you register online or by phone, you can get yourself registered as late as 24 hours before the exam date. But it is safer to stick to early registration as you will then have a set schedule to prepare for the exam accordingly. Even the coaching institutes recommend you register at the earliest available date so that you have a wide window of time to prepare.
GMAT Preparation Tips
If you want to study on your own effectively, you need few good GMAT books and resources, along with study material, enthusiasm, and self-will. On the other hand, if time is a restraint and one needs expert guidance to make sure the competitive advantage in GMAT exam preparation, then join a training centre for GMAT is the better option.