GMAT Registration 2024: The GMAT, or Graduate Management Admission Test, is a standardized exam that is adaptive in nature. Renowned worldwide, it’s a pivotal component in the admissions process for thousands of business schools. Preparing for the GMAT demands dedication, discipline, and most importantly – a correct attempt strategy.
GMAT Focus Edition Syllabus is the latest format of the exam. To know about the changes in the exam, click on the link here.
The GMAT (old format as well as Focus Edition) is a computer-adaptive test. This means that the questions are tailored based on the students’ level. If a students is weak in a particular domain and chooses an incorrect option, the next question will be an easier one. If a students chooses the correct option, the next question will be tougher. Naturally, tougher questions carry more marks and this is reflected later during final calculations.
A significant advantage of this is that students are judged based on what they are good at. This levels the playing field and gives them a good chance at scoring better.
| Exam | GMAT – Graduate Management Admission Test |
| Conducting Body | GMAC – Graduate Management Admission Council |
| Mode of Exam | Online |
| Duration of Exam | 2 hours and 15 minutes |
| Approximate Cost of Exam | 25,000 |
| Language | English |
| Sections Tested in the Exam |
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| Maximum Attempts | Maximum of 5 in one year; 8 overall |
| Validity of Attempts | 5 years |
Benefits of giving GMAT Exam
As mentioned earlier, the GMAT has significantly changed over the past couple of years and has become more student friendly. Aside from this, it has become more practical and well accepted.
- “The only business-focused exam that’s accepted by more than 7,700 programs at over 2,400 business schools worldwide” – as claimed by the GMAT official website.
- A very high degree of acceptance – “9 out of 10 new MBA enrollments are made using a GMAT score.”
- Being an adaptive exam, it will judge you based on your strengths. It will also give you a fair chance by levelling the playing field.
- A strong GMAT result will set you apart from the competition once you graduate because it is a standardised test. The hiring committees of prestigious firms evaluate your application based on your MBA degree and GMAT results.
GMAT Registration 2024
Registering for the exam is extremely easy. The council (GMAC) has decided to keep the exam as well as the website user friendly.
There are 5 steps in the process –
- Create mba.com account: Start by creating an mba.com account and provide some basic information.
- Click Register Button
- Complete Profile – Provide the personal information and other details necessary for registration.
- Schedule Exam – Pick your test center (if applicable), appointment date, and time.
- Complete payment.
GMAT exam dates are available all year round. Because of this, GMAT registration is a very easy process and you can schedule an exam with ease.
GMAT Registration Fees 2024
| Fee | Test-Centre Fee | Online Exam Fee |
| GMAT Exam Fees | $275 | $300 |
| Enhanced Score Report (purchased at time of registration) | $30 | Not Available |
| Additional Score Report | $35 per report | $35 per report |
| Cancel score | $25 | Not Applicable |
| Reinstate score | $50 | Not Applicable |
The exam fees is approximately 23,000 INR.
This is not the full GMAT fee
The amount mentioned ($275) is just the fee meant for the exam, on top of it – you have to pay taxes amounting to $49.50. This takes the overall amount to approximately 27,000 INR.
GMAT Registration 2024 Slot Booking
There is a distinction between securing a spot and registering for the GMAT 2024 exam. While reserving a slot for the GMAT entails securing the day, time, and testing location for the exam, registration for an exam requires the creation of a one-year account.
Every time you wanted to take the exam during that year, you would have to reserve a time slot and pay a price of $275 for the in-person GMAT exam and $300 for the online version.
You may take the GMAT five times in a year, beginning on the day of your enrollment, as there is a maximum of five attempts allowed in a year (12 months). To put it another way, you must register for the exam once a year, but if you want to take it more than once, you will need to reserve a slot.
If, for whatever reason, your GMAT exam did not go well up to the mark, you can decide to re-register and re-appear for the exam after booking the slot. However, there must be a minimum gap of 16 days before you can do so.
That is, if you decide to give the exam on 1st of January and you score is not what you would like it to be and therefore, you plan on giving a retake, you must first re-register (and pay the fee again) and give the exam only after 16th of January.
In order to book your time slot –
- Login to your account
- Select “Schedule your appointment”
- Check and Select the date and time slot most comfortable for you. ‘
- Select date and test center.
GMAT Cancellation Fee
The cost of cancellation fees is also determined by how close the cancellation is to the scheduled appointment date.
| More than 60 days before appointment | $110 refund | $120 Refund |
| 15-60 days before appointment | $80 refund | $90 Refund |
| 14 days or less before appointment | $55 refund | $60 Refund |
GMAT Registration 2024 FAQs
1. When should I apply for GMAT 2024?
GMAT registration window is open year round. One can register, pay the fee and schedule the test as per their convenience.
2. What is the registration fee for GMAT 2024 in India?
The fee for registration is $275 (USD). This amount roughly translates to 22,000 INR.
3. How early should I register for GMAT?
The test is conducted multiple times in a year and candidates can schedule their test as per their convenience. However, we recommend registering for it atleast 5 months in advance and preparing for it. GMAT, is not a tough exam but requires a certain strategy to crack. Some months are required to perfect this sole strategy.
4. Which IIM accept GMAT score?
Yes, there are various B-Schools in India that accept GMAT scores. However, some of these require work experience for you to be eligible to study from them.
Here’s a list of Top 10 B-schools in India which accept GMAT scores-
- Indian School of Business (ISB), Hyderabad
- Indian Institute of Management (IIM), Ahmedabad
- Indian Institute of Management (IIM), Bangalore
- Indian Institute of Management (IIM), Calcutta
- S.P Jain Institute of Management and Research, Mumbai
- XLRI Xavier School of Management
- Indian Institute of Management (IIM), Lucknow
- Indian Institute of Management (IIM), Indore
- Institute of Management Technology (IMT), Ghaziabad
- Great Lakes Institute of Management, Chennai
5. What is considered to be a good score in GMAT?
Average GMAT Focus Edition scores range from 205-805, which is slightly transitioned from the Classic GMAT score which ranges from 200-800. Generally, 650 or above can be considered a strong score for making you a competitive applicant for many MBA programs. As per experts, a score 720 or above is great.
6. Which is better, GMAT or CAT?
While CAT is a domestic exam which is very widely accepted in India, GMAT opens up new paths for graduates who are keen on seeking an admission abroad. It also has comparatively less competition because of a relatively lower number of applicants than CAT.
7. Top B-schools accepting GMAT scores Abroad
- Harvard University
- Stanford University
- The University of Melbourne
- Central Michigan University
- Stanford Graduate School of Business
The target score for each individual should be assessed through his/her preferred programs/college requirements. Consider which B-school you want to apply for and then check for the average GMAT score of the enrolled students for that program.