Graduate Management Admission Test or GMAT and is conducted by GMAC or Graduate Management Admissions Council. If you want to earn an International Masters in Management or MBA from a leading management school in Europe, Canada, Singapore, Australia, or other international destinations, taking GMAT examination is a good step.
In India, for MBA applicants, the scores of GMAT exam are valid for just one year for equivalent MBA programs at the top business schools such as IIM Calcutta, IIM Ahmedabad, ISB, XLRI, IIM Bangalore, and others.
The exam duration of GMAT is 3 hours 7 minutes excluding 8 minutes break twice that is optional. The GMAT exam consists of four sections: Integrated Reasoning, Analytical Writing Assessment, Verbal Reasoning, and Quantitative Reasoning.
For MBA aspirants, with exam scores of GMAT, you may apply to the following kinds of management programs such as the following:
- International MBA
- Two year MBA at top 100+ B-universities/schools
- One year MBA at IIM, ISB, SPJMR, XLRI
However, preparing for the GMAT examination is quite expensive. It costs the US $ 250 that is approximately Rs 17,500. This is higher compared to XAT ( Rs 1700) or CAT (Rs 1900). The top international business schools have a much longer admission cycle that runs into 18-24 months. So, focus, serious preparation, and advance planning is the key.
At this point, it is important to understand the skills and exam pattern of GMAT. This exam measures the reasoning skills of higher-order. Maths and English language are the two skills needed for GMAT tests. All GMAT sections, including Integrated Reasoning and Analytical Writing Assessment, involve reasoning. Reasoning skills of higher-order include complicated judgments, problem-solving, analysis, and critical thinking.
From all these, it is easily understood that the GMAT test assesses your speed and quality of reasoning and not just academic knowledge and formulas.