GMAT

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While the MBAs at the IIMs and the likes in India have the standards and quality as compared to any of the best in the World, for many studying abroad and more specifically MBA abroad is a preferred choice. MBA abroad in multi-cultural environment of a foreign Institute has advantages, even today, if an intensive academic learning with a rich ambience is desired. Renowned contemporary themes of pedagogy & curriculum, state-of-art modern infrastructure, unique specialisations offered are the other main reasons why Indian students will opt for MBA abroad in future too. With Globalisation, it reads of more and more Indians holding responsible management positions in MNCs and managing multi-national and multi- cultural workers in India are increasing. Insights to global business, as always, are important in a networked and transnational competitive markets. This is better facilitated with a MBA abroad

The GMAT

The Graduate Management Admission Test is conducted by GMAC USA and tests administered throughout the World including India. It is an aptitude based test standardized over years for admission to B-Schools in the US and Europe. Overseas Students for some Indian B-Schools must take GMAT for admission. Indian School of Business (ISB), Hyderabad considers GMAT scores as the sole admission test criteria for admissions.

The GMAT, over the years tests the students in Verbal, Ability for English, Grammar and Reading Comprehension, Quantitative ability, Data Suffifciency and Basic Mathematics, Critical Reasoning Ability and Analytical Writing Skills. It is supposed to have been development over long years of research and application to test the candidates aptitude for management education.

It is designed by CBT to test the candidate’s ability to take the MBA course through measurement of his/her aptitudinal skills. It does not test the knowledge of business, job skills or on any subject of management taught in B-Schools. The converted total score on all sections which ranges from a possible 200 to 800, is considered by the B-schools/ universities for admission. A score of 500-650 is considered adequate for most of the schools, whereas a 95 to 99 per cent (650 + to 760) is considered sufficient for even the avant-grade schools.

Indian students are known to perform better on GMAT, in comparison to their peers in China and others, as their quantitative abilities are more than adequate for what gets featured on the GMAT and the English language skills & knowledge is also above par. Nevertheless, structured learning and preparation is required for matching a score of 700-plus that could ensure a better chance in getting admitted to a MBA abroad, all other things being equal.

Recently many B-Schools like the Harvard, Dartmouth & Stanford have started accepting GRE scores for admission. Thus GRE can also be looped upon as an alternate entry test for a MBA abroad. With this alternative, a student can avoid taking two tests, the GRE & the GMAT. Also the GRE scores being valid for five years, student can take a Master’s course of his choice like in Engineering and then subsequently a MBA program without necessarily taking the GMAT.

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Basic Study Notes for Analytical Writing - GMAT

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Practice Test for Analytical Writing - GMAT

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Basic Study Notes for Quantitative Ability - GMAT

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Practice Test for Quantitative Ability - GMAT

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Basic Study Notes for Verbal Ability - GMAT

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Practice Test for Verbal Ability - GMAT

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GMAT Full Test

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Qsn. When is the GMAT test available?
Ans. The GMAT is a computerised test which is available year-round at testing centres globally. You must book an appointment to sit the test. Testing centres operate on individual schedules with some open on weekends, and most have morning and afternoon slots available. See www.mba.com to book your appointment.
 
Qsn. How much does it cost to take the GMAT?
Ans. A GMAT appointment costs US$250, plus local taxes for the country in which you take the test. In the UK this is VAT which is currently 20%. You can pay online with a credit or debit card.
 
Qsn. How is the GMAT scored?
Ans. You will receive 5 scores on the GMAT: an overall score, a subscore for the Verbal section, a subscore for the Quantitative section, and scores for the Analytical Writing Assessment and Integrated Reasoning sections. Your overall score will be from 200 to 800 and the subscores will be scored from 0 to 60. For each of your scores, you will also receive a percentile rank, which shows the percentage of examinees who scored below you (based on everyone who has taken the GMAT in the last 3 years). So if you score in the 70th percentile, it means that 70% of test-takers scored lower than you did.
 
Qsn. What is the average GMAT score?
Ans. The overall GMAT score ranges from 200 to 800. The average GMAT score among test-takers worldwide is 540. Two-thirds of test takers score between 400 and 600.
 
Qsn. What is a good GMAT score?
Ans. A “good” GMAT score is only relative to the MBA programmes to which you are applying! You will need to do some research on the schools to which you want to send your scores and set yourself realistic goals based on the average scores accepted by those programmes. Top tier schools will usually be looking for a score in the 90th percentile or above (eg Wharton has an average GMAT score of 713; Harvard 708; INSEAD 702; and London Business School 680).
 
Qsn. Do business schools have a minimum GMAT score requirement?
Ans. Most schools will not set a minimum requirement for GMAT scores, although most will publish the average GMAT score of their students. This information is usually readily available on schools’ websites, so do your research and find out the average scores for the schools you want to apply to, and then aim for a minimum of that score.
 
Qsn. How do business schools use my GMAT score?
Ans. GMAT scores provide admissions teams with a standardised and consistent measure for all applicants, and so will use GMAT scores as a filter for the applications they receive. You may have great essays, but if you do not have a good GMAT score, your application will not be looked on as favourably as that of a candidate who has great essays AND a good GMAT score. It is one part of your application, but it’s a vital part.
 
Qsn. How long are GMAT scores valid for?
Ans. GMAT scores are valid for 5 years. Every time you take the test and send your score to a school, the school will be able to see every GMAT score you have attained in the previous 5 years.
 
Qsn. Can I cancel my GMAT score if I feel I have done badly?
Ans. If you feel you have not done well on the GMAT, you may cancel your score, BUT you can only do this immediately after completing the test and BEFORE you see your scores. After your scores are displayed to you at the end of the test, you may not cancel them.