What is GMAT? The GMAT stands for theGraduate Management Admission Test. The most popular exam for those planning to take up MBA programs, the GMAT helps you stand out from the other applicants during the admission process. With a good GMAT score, you gain an edge over the rest. Introduced in1953by nine leading business schools,theGMAT exam is the only standardized test specifically built forbusiness school admissions. Who administers the GMAT? The GMAT is administered by theGraduate Management Admission Council (GMAC), a nonprofit association of leading graduate business schools. Who accepts GMAT score? GMAT scores are accepted by6,500+graduate business programs at around2,100universities and organizations across the world. Why take the GMAT? A proven predictor of your ability for succeeding in a program, the GMAT conveys to business schools that you have agraduate business degreeas your aim.Reasoning skillsandcritical thinkingare measured by the GMAT. Skills, that is, holding the most relevance to graduate business programs globally. How many types of GMAT tests are available? While there is only one GMAT Test, you can appear for the same at a Test Centre or online. GMAT at Test Centre versus GMAT Online Features At Test Centre GMAT Online Duration Three hours and seven minutes, plus an additional 30 minutes for check in Structure Four sections, to be completed as per the order of choice. Analytical Writing Assessment 30 minutes, one question Analysis of an argument. Integrated Reasoning 30 minutes, 12 questions Graphics interpretation Multi-source reasoning Table analysis Two-part analysis Quantitative Reasoning 62 minutes, 31 questions Data sufficiency Problem solving Verbal Reasoning 65 minutes, 36 questions Sentence correction Critical reasoning Reading comprehension Appointment availability Available seven days a week, can be scheduled up to six months in advance. Available round the clock. Score Unofficial score will be displayed on screen upon completion of the exam. Official scores can generally be viewed online within seven calendar days Attempts Can make up to five attempts within a 12-month rolling period. A total of eight lifetime GMAT attempts are available. Score validity Scores are valid for five years. GMAT Eligibility As such, there are no setcriteria for GMAT eligibilityset by GMAC, the body conducting of GMAT for appearing for the GMAT exam. However, one should always meet the eligibility criteria set by the university/college one aspires to get into after giving the GMAT. GMAT Age Criteria The candidate must have completed 18 years of age There is no upper age limit for the candidate If the candidate is between 13 to 17 years old, they should have permission in writing from their parents or legal guardian Educational qualification GMAC has not announced any official statement regarding the qualifications required to appear for GMAT Candidates who wish to enroll in an MBA programme should possess a graduate degree in any discipline from a recognized university GMAT Exam Fees The GMAT fees is $275, which would translate to INR 20,600 approximately. Also, if the applicants want to change the center or reschedule the test then they will be charged extra. Candidates who do not show up for the test will be charged full GMAT exam fees. GMAT Cancellation Fee If you cancel the exam 1 to 14 days before the test date then you will be charged $200 and $50 will be refunded. If you cancel the exam 15 to 60 days prior to the appointment then you will be charged $175 and $75 will be refunded. And if you cancel the test more than 60 days prior to the appointment then you will be charged $150 and will receive $100 as a refund. Moreover, the test appointment cannot be canceled or modified within 24 hours of the scheduled test and time. GMAT Rescheduling Fee If you reschedule the exam 1 to 14 days before the test date, you have to pay US$150. Also, if you reschedule the exam 15 to 60 days prior to the appointment then you have to pay US$100. If you reschedule the exam more than 60 days before the test date then you have to pay US$50. GMAT Registration According to GMAC, you can register for the GMAT entrance exam 6 months before the Graduate Management Admission Test date or latest by 24 hours before the GMAT exam date 2022, however, the slot is not available at the last moment. Therefore, it is suggested to book your preferred slot well before the planned exam date. Ways for GMAT registration 2022: Online Phone Postal mail There are six steps to register for the GMAT and also different steps for the GMAT schedule. You can read the complete stepsfor GMAT registration. GMAT Exam Dates There is no fixed officialGMAT exam date 2022, you can choose any date according to your convenience and availability.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 every 16 days. You can appear for the exam a maximum of five times a year. Ideally, candidates are recommended to register themselves 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 to register at the earliest available date so that you have a wide window of time to prepare. read less