A common entrance exam for MBA and other business master’s degree programmes, the GMAT is used by business schools all over the world. More than 7000 programmes at more than 2300 graduate business institutions across the world will accept your GMAT Exam score.
In fact, a GMAT score is required for nine out of ten new MBA enrollments worldwide. The GMAT is a computer-adaptive standardized test that business schools use to admit students to MBA and other business master’s degree programmes. The GMAT Exam is fundamentally a test of verbal and quantitative reasoning abilities. The test takes 3 hours and 7 minutes and has 4 sections in its most recent iteration.
You can get admission in top rated business school
Business schools created the GMAT Exam with business schools in mind. In over 110 nations throughout the world, it is taken by 200,000+ applicants each year for admission to MBA and other graduate business degree programmes. Your GMAT score is a requirement for several prestigious universities, including Harvard, Stanford, Wharton, and others. If you wish to be admitted to one of the prestigious business schools in India, such as the Indian School of Business and the Indian Institutes of Management, the GMAT is also acceptable. One of the six standardized exams accepted by the Post Graduate Diploma in Management (PGDM) admissions procedure is the GMAT prep, which is administered by the All India Council for Technical Education (AICTE).
At more than 2,300 business schools and universities worldwide, the GMAT is recognised for admission to more than 7000 programmes, including prestigious MBA programmes like Harvard, Stanford, and Wharton.Moreover, the GMAT Exam is approved for enrollment in the prestigious IIMs (Full-Time Executive MBA Programmes) as well as other top business schools in India, like ISB. In actuality, one of the six standardized tests approved by AICTE for enrollment in PGDM programmes is the GMAT exam.
In order to pursue your dream of receiving a graduate management education abroad, a strong GMAT Exam score is the first step.
The flexibility that the GMAT provides is yet another factor that makes it a smart choice for professionals who are currently employed. Over 600 test centers worldwide offer the GMAT exam, which may be taken up to 5 times per year. You can reschedule your GMAT appointment more than 7 days before the test date (for a cost), in addition to the option of taking the exam numerous times a year.
So, if a working individual is unable to get their target GMAT score on their first attempt, they have the option to reschedule as well as retake the exam.
In the five years following the exam date, your GMAT score remains valid. Thus, if you are a working professional, you can concentrate your efforts on the other components of your business school application, such as essays, letters of recommendation, etc., after taking the GMAT. Your GMAT score has a 5-year validity period, so you won’t need to worry about retaking the exam after you achieve a competitive score for your desired business schools.
You can get opportunities to avail your scholarships
If you have a stellar GMAT score, you may be eligible for financial aid for your MBA programme. For pupils with high GMAT scores, there are numerous scholarships available. Students who want to study an MBA often seek loans or search for scholarships because it can be difficult to finance such a degree. The Narsee Monjee Institute of Management Studies, Xavier School of Management, Indian School of Business, and S. P. Jain Institute of Management and Research are a few universities in India that recognise the GMAT score.Below is a list of some of the organizations that provide scholarships to MBA candidates who take the GMAT:
International Education Tibet Fund Consortium for Graduate Study in Management East-West Centre Canadian Bureau for International Education Harvey Fellows Programme.
You can schedule your GMAT preparation as your convenience
The GMAT syllabus is clearly established. It has multiple-choice questions that are properly structured, and the question paper has a set format. Additionally, a number of online services provide pre-made study programmes for any variation in study period.
The GMAT is a wonderful option for those who want to pursue business programmes because it may be scheduled at any time of the year. The exam can be taken more than once in a calendar year, and you get to pick the time and location where you take it. Around the world, the GMAC is in charge of many examination centres. Even before the exam day, you can change the time.
Easily get admission in MBA
During the hiring process, a lot of international corporations ask for candidates’ GMAT scores. The GMAT is a practical approach to compare job candidates on a standardized scale and is acknowledged on a global and universal level as a general aptitude test. As a result, having a high GMAT score can help you land a job at your ideal employer. This is especially helpful because the GMAT’s 5-year validity means you won’t need to retake the exam when looking for jobs after earning your MBA.
Your career may take off with a strong GMAT score. You will unquestionably achieve a decent GMAT score by making an effort and working hard continuously. The test is a great entry point to many wonderful opportunities. Thus, you must give your exam preparation substantial thought and effort. The exam can be taken in the testing facility or online due to the epidemic. Both in-person and online tests have the same format and validity of the score. The GMAT is a flexible exam that can help you broaden your knowledge and skill sets and perhaps increase your chances of landing a job. A high GMAT score can be used to demonstrate your proficiency in numerous areas.