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GMAT was first started in 1953 as nine business schools to have a standardized test and select filtered applicants for management studies. Graduate Management Admission Test is Computer Adaptive Test, where the level of difficulty of each question is influenced by the performance of previous questions. The scores are valid for Five years. Its scores are accepted by top consulting firms and investment banks to filter out candidates for their recruitment process; and a large number of universities for MBA MiM and other Management related courses. It is important to get a high score in this exam as it would not only help in finding the dream-job, but also increase chances of getting a scholarship. 

Format of GMAT exams

The GMAT exam is usually in four sections named Analytical Writing Assessment, Integrated Reasoning, Quantitative, Verbal. There is a total three hours of time given to solve all these four sections. The number of questions from the first section is 1, the second section is 12, third section is 31 and fourth section is 36. These sections include the following content: 

1. Analytical Writing Assessment : 

In this section the candidate has to find out the reasoning behind an argument and write a critique for the same with relevant explanations and examples. 

2. Integrated Reasoning : 

This section basically helps testing the candidate’s analytical skills in solving a complicated problem. The candidate here is provided with related data in various forms. The skill is then tested in analyzing the problem, selecting and using the exact relevant information and choosing the right answer. 

3. Quantitative Section : 

Quantitative sections basically have Math skill test. It basically includes Arithmetic, Algebra and Geometry. 

4. Verbal Section : 

The Verbal Section is divided under three subsections. First is the “Reading Comprehension Section” where passages on a certain topic, and multiple-choice questions are asked on it. Second is “Critical Reasoning” in which analysis of points that influence, strengthen or weaken the given argument is tested. “Sentence Correction” is the part in which a candidate is provided with an underlined portion to evaluate and rectify all the errors in it. 

Common Syllabus topics in GMAT exams 

The common syllabus that helps one gain a good score in the this examination includes the following topics :

Integers; Decimals; Fractions; Number properties; Order of Operations; Ratio and Proportion; Profit and Loss; Simple and Compound Interest; Speed, Distance and Time; Brackets Order Division Multiplications Addition subtractions; Permutation and Combination; Linear equation; Quadratic equations; Sets Theory; Statistics : Mean, Median, Mode, Range, Standard deviation; Powers and Roots; Probability; Pipes, Cisterns, Work, Time; Lines and Angles; Volume and Surface Area of Triangles, Polygon, Quadrilateral, Circles; Coordinate Geometry; Volume and Surface area. This is applicable for the Integrated and Quantitative Section.

The Verbal section basically includes :

Basic Grammar Rules – Nouns, Pronouns, Adjectives, Tenses, Idioms and Idiomatic Expressions, Singular Plural, Subject, Verb, Agreement, Modifiers and Parallelism.

When and how to take the GMAT test? 

The Process to apply for the this test is quite simple. There are almost 600 GMAT test centers across the world. Many times the test-takers delay applying till the dead-line. To be on a safer side it is better to apply at-least one year before the test. The test can be taken anytime in the year. The candidate needs to find the closest exam center and register their details along with a date and time. Having a year full of time is enough to prepare well or rethink the decision. 

Preparation for GMAT tests :

There are candidates who have cracked the GMAT tests even within a week’s preparation and also some people who have to prepare for a year. The accurate study plan would take an average of 3 months’ time to prepare for the GMAT test. Having clear basics is the essential part of it's preparation.

The best book for preparation is the “Official Guide”, it is published by the team that manages the test. Private test companies like Kaplan, Manhattan Prep etc. are also famous for their guides. The books of latest editions help in more accurate preparation. 

There are many Traditional Coaching Centers available. Candidates may easily join any of the best centers in their locality. But, in native places it might not be available, at such times enrolling for a best online coaching center may help well. Many Online sources also provide MOCK/PRACTICE GMAT TESTS. Having a mock test is always the best option for perfect preparation. 

Self-Study is always considered the cheapest and most  flexible way of preparation. 

 Benefits of GMAT test:

1)  The scores are valid all-over the world. 

2) In India CAT is only accepted at National level, GMAT opens the opportunities at World-wide level. 

3) It helps the resume stand out as going through such a tough examination to achieve our goal creates a positive impact. 

4) GMAT is an exam which has application fees of 250$. A good score helps the candidate's chance to get a scholarship and lowers the baring cost. 

5) GMAT test no doubt increases the chances of being easily employed. 

6)  The entire syllabus is designed in such a manner that any candidate after giving the GMAT test will have a good knowledge and also developed analyzing and problem-solving skills. 

7) The syllabus is vast, hence the preparation process of GMAT helps one learn Time-Management. This is also useful for them in their management programs.

Average GMAT Score Across the World : 

1. Average Score in India : 

Rank 1 – Indian School of Business – 711

Rank 2 – IIM-A PGPX – 706

Rank 3 – IIM-B EPGP – 702 

2. Five Average Scores of USA : 

Rank 1 -  Stanford GSB - 733

Rank 2 - Wharton(UPenn) - 732

Rank 3 - Chicago Booth - 726

Rank 4 - Harvard Business School - 725

Rank 5 - Kellogg(Northwestern) - 724 

3. Five Average Scores in UK : 

Rank 1 – London Business School – 707

Rank 2 – University of Cambridge(Judge) – 693

Rank 3 – University of Oxford(Said) – 681

Rank 4 – Cranfield University – 664

Rank 5 – Warwick – 658

4. Five Average  Scores in France, Spain, Switzerland : 

Rank 1 – INSEAD (France)  – 703

  • Rank 2 – HEC Paris (France)  - 682

Rank 3 – IMDB (Switzerland) – 672 

Rank 4 – IE Business School (Spain) – 672

Rank 5 – Mannheim Business School (Germany) – 671

5. Five Average  Scores in Canada : 

Rank 1 – University of Toronto(Rotman) – 672

Rank 2 – McGill university – Desauteis – 655

Rank 3 – University of Western Ontario (Ivey) – 655

Rank 4 – Queen’s University – 650 

Rank 5 – Univ of British Columbia (Sauder) – 646 

Facts and Criticisms :

Even if getting a high score in GMAT is necessary for ranking and getting a higher package, it's not always considered. Many elite schools like Harvard have rejected perfect scorers. Hence this proves that the great 800 score is not always the only thing one needs. Also, no low-score is always termed as a core point of rejection. There are many stories of average scorers or low scorers available who overcame their low-score tag and still succeeded and got their target programs.

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