When you are preparing to enter the Indian MBA/PGDM market, one of the primary things you will need to decide is the right entrance exam for your application. One option that has grown in popularity over recent years in India is the GMAT exam. A huge crowd of students appears for this exam every year to get admission to top B-schools.
The GMAT council conducts this test to assess aptitude for graduate-level study in business or management at various institutions, including colleges and universities. Indian students starting their journey with GMAT preparation can greatly benefit by learning about the structure, fees, and tips to score well in the GMAT exam.
GMAT Exam and Its Fees
The cost of the GMAT varies depending on where you take it. For example, the GMAT exam fee in india for the computer-based exam is $275, which you must pay while making the appointment. If for some reason, you have to reschedule your exam, you have to pay additional fees of $50 to $150. If you want to learn about GMAT exam fees, click here.
The rescheduling fee for your exam will depend upon the number of days left in your exam. If you reschedule within the last 15 days of your exam, you will be charged $150. In case of cancellation, only a certain portion of the application fee is refunded.
Like the rescheduling fees, refund charges depend on the days left In your exam. Getting an MBA degree opens a wide field and scope for opportunities in the business world. However, you must study hard and score well on GMAT to get admission to top business colleges worldwide.
GMAT Exam Structure
This exam consists of four sections: Analytical Writing Assessment, Integrated Reasoning Section, Quantitative Section, and Verbal Section. Each section has a different weightage in the scoring process. Now, GMAT exam fees in India 2022 is $275, and its syllabus is the same as in previous years.
It is a computer-adaptive exam. However, in some countries like India, the GMAT comes in a paper-based format. The GMAT is 4 hours (3.5 hours for the AWA and 1 hour for each section). This exam consists of multiple choice questions to evaluate your skills of reading comprehension and critical reasoning. In addition to this, this online test assesses your ability to understand tables, charts, and graphs.
The Quantitative Section measures your ability to reason quantitatively by asking you to solve problems using basic mathematical operations and elementary formulas. The Verbal Section assesses your reading, writing, and verbal reasoning skills. It is important to note that scores on the Verbal and Quantitative sections are not added together to get a final score.
Strategy to Ace GMAT
Preparing for MBA is a challenging task, and one of the ways through which students can prepare is by attending some good coaching classes that can provide mock tests with answers and explanations. GMAT can be a tough nut to crack, and you may have to put in some extra hours of preparation to ace this test. Here are some tips for you to do well in GMAT:
- Mock Tests – The best way to prepare for GMAT is by practicing mock tests that focus on various patterns likely to come in the actual examination. Also, you can find some good books that provide ample practice material for the Quantitative and Verbal section.
- Read Comprehension Regularly – You should also focus on improving your reading comprehension, sentence correction, and critical reasoning skills. You should also try to improve your math skills by solving as many practice problems as possible.
- Pay Attention to Every Segment – Finally, you should also keep in mind that the GMAT exam is a computer-adaptive test that changes according to your performance. Therefore, the question patterns will differ for the test you are taking relative to the one you just answered. So, you have to pay attention to the questions and their difficulty level to avoid being caught off guard.
If you are serious about cracking GMAT, make sure you put enough time and effort into your preparation. It will pay off in the end when you are accepted into one of the top business schools across the globe. MBA offers a huge opportunity to settle in the business world, but first, you have to do well on GMAT and get into a top B-school.