Categories : GMAT FAQ

The GMAT Registration fee as on 2017-18 is US$250 worldwide. The fee does not include the tax component in certain countries. Add the tax rates mentioned below:

Country          Tax Rate
Austria             20.00%
Belgium            21.00%
Bulgaria            20.00%
Cyprus             15.00%
Denmark           25.00%
Estonia             20.00%
Finland              23.00%
France               19.60%
Germany            19.00%...

Categories : GMAT FAQ

Opting for a GMAT Waiver is a personal decision. It has its advantages if you are not a good Computer Adaptive test taker.

Scholarships, Fellowships and Other Funding

GMAT Score not only compares your analytical, and quantitative capabilities but it is also used by Business Schools to award scholarships and fellowships, and even play a vital role in qualifying candidates for other funding options.

Undergraduate Degree

If students have completed their undergraduate degree in a similar learning environment as the graduate program, and have excelled in their academics with 3.0+ GPA or 80%+ marks, the admission committee will be willing to consider a GMAT Waiver.

Quantitative and Analytical Courses

When the AdCom evaluates the performance in undergraduate courses, attention is given to grades and performance in certifications related to quantitative and analytical course work. Since an MBA requires students to be strong analytically, this is an important criterion.

Academic Institution

AdCom realizes that the evaluation in universities around...

Categories : GMAT FAQ

GMAT Syllabus291,570 MBA aspirants took GMAT from January to December 2011. The test is constantly evolving, reflecting the changing criteria by which Business Schools and Companies would like to assess the applicant. The exam lasts for 3.5 hours, but can total as much as 4 hours when accounting for breaks taken between sections.

The GMAT is made up of four main sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative, and Verbal. It is a computer adaptive test, which implies that the computer presents the next question based on your answer to the previous one. So if the first question was answered correctly, then the next one will be tougher, with a higher scoring potential. If the question is again answered correctly, the next question becomes even tougher, while offering higher marks as well. On the other hand, if the first question is answered incorrectly, then the subsequent question would be an easier one, with lower marks. This process continues throughout the test, with the difficulty of the question increasing or decreasing based on the last answer. Only one question is presented at a time. And a question cannot be skipped, nor can the answers to previous questions be changed.

Section 1...

Categories : GMAT FAQ

GMAT is different from your traditional university exams. There are no pass scores. However, each school has a minimum qualifying GMAT score, which will not be made public. The difference between GMAT and other exams is that the former is a computer adaptive test. The test algorithm adjusts the questions according to each test taker’s competency.

When you start the exam, the questions will be medium tough. When you get the first question right, the difficulty level increases and you will get a question from a much tougher GMAT question pool. The test adapts according to your skill. The process continues for both Verbal and Quantitative sections.

GMAT 700 -  No Guarantee

For schools that are not in the top 25 list, a 700+ score might give you an edge. However, for top 10 schools, 700-730 GMAT score is the median range of the class. For expert help, get personalized GMAT Tutoring or sign-up for Online on-demand course. In this case, your overall application elements – ...

Categories : GMAT FAQ

We get this question, quite often, from our readers. GMAC does not distribute GMAT Vouchers directly to individual test takers. You have to contact your target Business Schools for vouchers.

Eligibility: Business Schools and Organizations, that accept GMAT scores, grant graduate level degree programs (in Business and Management) and provide financial aids (including fellowships and scholarships) are eligible for distributing the GMAT Vouchers.

Denomination: Eligible organizations can distribute GMAT Vouchers in denomination of $50, starting from $50 to $250.

The goal of the GMAT Voucher is to provide economically disadvantaged applicants with the opportunity to compensate the cost of the GMAT exam.

GMAT Fee Waiver
Another alternative for GMAT test takers is to request the Business Schools for GMAT Fee Waiver. Each year, GMAC offers each school with 10 GMAT Fee Waivers. Schools will offer the fee waiver directly or when you join the program.

The number of Fee Waivers is not limited to 10. Business Schools can request for more, if the applicant is eligible for the program. Once Business Schools approve your GMAT Fee Waiver, a code is shared with you. When you register for the GMAT appointment, apply the waiver code in mba.com

Please note that the code is equivalent to the entire GMAT Fee and is...

Categories : GMAT FAQ

After you have created a GMAT Study Plan or joined an expert GMAT Test Prep Company, register for the GMAT exam.

Steps to Register for the GMAT

You have three options to register for the GMAT Exam

1) Online: The first and most popular option to register for the GMAT Exam is to visit mba.com. Please remember that there are no guarantees that you will get a GMAT test date, especially during peak GMAT test taking months. The available time slots are based on the volume of test takers and the day of the week. Most popular days for GMAT test taking are on weekends.

Points to Remember while Registering Online for GMAT

a)  Register as a user in mba.com (the same userid will be used to access your test scores)

b)  Ensure that the name and Date of Birth are same in your GMAT Registration and Id.

c)  Be ready with your VISA®,...

Categories : GMAT FAQ

Business Schools started accepting GRE scores from 2006-07 in an effort to include applicants from diverse socio-economic and non-traditional backgrounds. GMAC broke its partnership with ETS (Educational Testing Service) in 2006 and found a new testing administrative partner in Pearson VUE. This allowed ETS to pursue Business Schools and propose GRE as an alternative to GMAT.

Why GMAT Still dominates?

Market Leader: Let us put things into perspective, the GMAT test has been in the market for nearly 60 years now. It would be tough for any new competitor to take its position in 5 years. There are many flaws in the GMAT test structure. ETS is moving in the right direction by iteratively improving its test structure.

Lack of Awareness: Did you know that in 2011, the number of business schools accepting GRE scores for their MBA programs was nearly 800. The list includes top Business Schools like Harvard, Stanford, Wharton, MIT, Columbia and Yale.

Risk Averse: Unless Business Schools confidently promote GRE as an alternative to GMAT, it is unlikely that MBA aspirants will adopt GRE in equal...

Categories : GMAT FAQ, GMAT Preparation

I am planning to take the gmat on july. should i use redbull to improve my performance?

Categories : GMAT FAQ, GMAT Tips

F1GMAT: The best strategy to get in your GMAT prep mode is to fix a date for your GMAT exam. Now many things can happen on the GMAT test, you might exceed your expectation, you might get + or -20 on your estimated score or you might bomb your test. Whatever it might be, we as human beings have excellent intuition. We usually know which three scenarios mentioned above might happen to us. Based on our intuition , we have two choices, to cancel the score or accept the score.

Canceling the Score

You should follow the basic three rules for canceling the score:

1) You will have the motivation, time and money to retake the GMAT again
2) You would not be happy with another school with lower standard of admission
3) You are certain that with the current score you would not get into the top 3 schools that you have selected in your list.

Implications of canceling the score

All events related to your GMAT exam would be under a single record. Even if you cancel or retake the exam, it will be recorded. Now what are the implications of canceling your score on your admissions? A single cancellation of score can be justified with lack of preparation, illness or other relevant circumstances. However, if you are canceling the score more...

Top 31 MBA Programs + Analysis of 24 Industries (United States)

We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).

Pages: 327


"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

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