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GMAT, or Graduate Management Admission Test, is one of the most popular and widely accepted tests for graduate business programs worldwide. This standardised exam is considered as an indicator of a candidate’s readiness for the graduate study programs. So, let’s learn more about the GMAT exam.
Key Highlights
GMAT is a business-focused and computer-adaptive test accepted by over 2,400 B-schools for more than 7,700 programs in over 110 countries. It evaluates skills such as problem-solving, data analytics, and critical thinking, which are considered important in academics and the business world.
Some other interesting insights of the exam are as follows:
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Important note: The total score ranges between 205 and 805. The individual scores have corresponding percentile values based on which students are allotted the final scores. However, 600 and above is considered a good score if you want to study at reputed universities.
GMAT Focus Edition is the updated version of the GMAT exam, and it will be available starting 1 February 2024. The exam has been updated to continue meeting the needs of B-schools and candidates. It is shorter, more efficient, and includes several new features to offer more insightful test experience to candidates and support their academic journey to business schools.
The GMAT Focus Edition comprises three sections: Quantitative Reasoning, Data Insights, and Verbal Reasoning. The content of these sections is prepared considering today’s competitive business opportunities and challenges. The pattern and syllabus of the exam are mentioned below:
Sections |
Purpose |
Total duration (in minutes) |
Total questions |
Quantitative Reasoning |
It measures your arithmetic and algebraic foundational knowledge, in addition to the logical and analytical skills. |
45 |
21 |
Verbal Reasoning |
The reading comprehension section evaluates your ability to understand statements and words, draw inferences, etc. The written material measures your ability to assess arguments and formulate a plan of action. |
45 |
23 |
Data Insights |
It measures your ability to analyse and interpret data. It also analyses your digital and data literacy. |
45 |
20 |
GMAT 2024 exam dates are available all year round, and students can choose as per their availability and convenience. They can take the exam once every 16 calendar days. Moreover, they are allowed to attempt 5 times in a year or 8 times in a lifetime.
It is advised that students should consider university application timelines before appearing for the GMAT exam and must appear for the exam a minimum of 2-3 months before the application deadline. This will give them enough time to prepare for the exam and even reappear it if required. Visit the official GMAC website before finalising your GMAT 2024 exam date.
Kindly note that students can appear for the exam 24 hours after registration.
With this information, you can start preparing for your GMAT 2024 exam to ace it. If aspirants are facing financial troubles in planning their academic journey, they can opt for student loans in India. At Avanse Financial Services, we offer customised student loans with multiple benefits. Contact us today if you have any queries regarding the EMI calculator for education loan, college course expense calculator, etc.
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