Q. What is the cost/registration fee for GMAT?
A. The registration fee for taking GMAT is USD 250 which includes reporting your GMAT scores to 4 universities of your choice.
Q. How do I register for the GMAT?
A. You can register online or by phone or by mail. The detailed information about registering for the GMAT can be found at www.mba.com
Q. How many times can I take GMAT?
A. GMAT can be taken a total of 8 times with a gap of a minimum of 16 calendar days between 2 tests. However, one can take the test only 5 times in a calendar year.
Q. If I take GMAT more than once, which score will be considered by the universities?
A. The best score is taken into account by most of the universities. A few, though, consider the average.
Q. What is the validity of the GMAT exam?
A. GMAT scores are valid for 5 years, and are available for reporting for up to 10 years. Scores over 10 years old are not available.
Q. Does admission to universities depend only on GMAT scores?
A. Admissions to Universities is not fully dependent on GMAT Scores. Around 22% of weightage is given to your GMAT scores during your admission process at Universities. Apart from this, your Profile also plays an important role for admissions in the Universities.
Q. How do I pass on my score to the colleges where I want to apply to?
A. The universities only accept official scores sent directly by mba.com. Scores to four colleges can be sent free of cost while taking the exam. Subsequently, for each score report sent to a college, you would have to pay USD 35.
Q. What is an ideal GMAT score?
A. Well the ideal score, of course, is 800. A good GMAT Score also depends on the Business School where you wish to study.
Q. Do universities consider photocopies of the GMAT scorecard?
A. You do not receive an official printed scorecard anymore. You do receive a PDF file, but it cannot be used instead of the official report sent my mba.com
Q. Is GMAT mandatory for applying to MBA and PhD programs outside India?
A. Most universities nowadays (and certainly all the best ones) need GMAT scores for their MBA programs, and will accept GMAT scores for certain Masters and PhD programs which are in some way related to management or finance.