Loading
GRE, GMAT, IELTS & TOEFL are some of the most
popular and globally accepted entrance exams for international students. You
must choose the entrance tests depending on your preferred course, educational
institution and study abroad destination. To assist you in planning your
overseas study journey, we have compiled some essential aspects of entrance
exams such as GRE, GMAT, IELTS & TOEFL. Let’s dive in.
Several study abroad students apply for
international universities. However, the seats at such premier educational
institutions are limited. Hence these entrance exams help in evaluating the student’s
profile. These entrance tests bring transparency in the admission process,
allowing deserving students to grab the seats.
English Proficiency tests like IELTS and TOEFL are
conducted to gauge English language skills. Since the study programs in
international universities are taught in English, these English Proficiency
tests are essential to understand if you can comprehend the English-taught
curriculum.
If you intend to pursue a Master’s Degree, PhD or
Business Management Studies, GRE is for you. This is one of the entrance exams
widely accepted by most universities across the USA, the UK, Germany and
Canada. You will be amazed to know that ~1,200 B-schools accept the GRE test
scores. You can take the GRE test once you have thoroughly prepared for the
exams. It is best to appear for GRE exams ~60 days before you begin your
admission process.
Conducted by: Educational
Testing Service (ETS)
Scores valid for: 5 years
Who must appear for GMAT? Students interested in
pursuing Business Management courses are required to take the GMAT exam. More
than 20,000 varsities across 114 countries require students to appear for this
exam. GMAT is one of the mandatory entrance exams in most varsities in the USA,
Canada, Germany and Australia.
Skills evaluated
Conducted by: Graduate
Management Admission Council (GMAC)
Scores valid for: 5
years
Entrance exams like IELTS intend to examine the
English proficiency of the students. The IELTS test is designed to evaluate the
reading, listening, speaking and writing abilities. You must appear for the
IELTS test if you are interested in studying in countries like Canada, the UK,
the USA, New Zealand and Australia. Reputed universities from ~140 countries
require IELTS scores. Although India has 75+ centres for IELTS exams, you can
opt for an online IELTS exam too.
Conducted by: IDP
Education Australia, British Council, and Cambridge English Language
Assessment
Scores valid for: 2
years
Similar to the IELTS exam, TOEFL evaluates the
English speaking, reading, listening and writing skills. Popular study abroad
destinations like Germany, France, the USA and Canada accept TOEFL entrance
exams. You can opt for online TOEFL exams by registering 4-7 days before the
exams. Please remember to check the minimum TOEFL score required by your
university so that you can set your goals accordingly.
Conducted by: Educational
Testing Service (ETS)
Scores valid for: 2
years
So, here is all that you need to know about
entrance exams before you plan to study abroad. If you are set to take these
entrance tests but worried about the finances, you can opt for a study abroad loan. A loan
for overseas education is the best choice to earn a self-made badge.
At Avanse
Financial Services, we offer several benefits like customized loans, 100%
finance, score-based financial solutions, and several other benefits. If you
want to know more, please connect with us.
We will be glad to answer all your queries. All the best!
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.