What is GMAT Exam?
The full form of GMAT is Graduate Management Admission Test. It is a crucial step for Nepalese students aspiring to join prestigious graduate management programs like MBA and Finance-related courses in top global business schools. This computer-adaptive exam evaluates your writing, quantitative, verbal, and reading skills in English. With fees around NPR 22,800 for the test centre and NPR 24,600 for online mode, a strong GMAT score, combined with other application elements, significantly enhances your chances of acceptance.
It is essential to get a good GMAT score so that you get admission to your preferred university. It is always a good idea to study abroad so that you get better exposure and your chances of getting a well-paid job are also higher. Remember, 9 out of 10 new MBA enrollments happen with a GMAT exam score, making it your passport to the preferred business school. Read further to learn more about the GMAT exam, how to book GMAT date in Nepal, the GMAT exam fee in Nepal, and much more.
GMAT vs GMAT Focus Edition
A new pattern for the GMAT, known as the GMAT Focus Edition 2023, has been introduced. It has a shorter set of topics and will start on 29th August 2023. The new GMAT Focus Edition for 2023 introduces a streamlined exam pattern. The difference between GMAT and GMAT Focus Edition is tabulated below.
|
Basis |
GMAT |
GMAT Focus Edition |
|
Exam Structure |
4 sections; Quantitative Reasoning, Verbal Reasoning, Integrated Reasoning & Analytical Writing Assessment |
3 sections; Quantitative Reasoning, Verbal Reasoning & Data Insights |
|
Total Number of Questions |
80 |
64 |
|
Review & Edit Feature |
No |
Yes |
|
Score Reports |
Scores are reported on a fixed scale & have a percentile ranking |
Improved score report with detailed performance insights |
|
GMAT Exam Fees |
USD 275 (NPR 36,792) |
USD 275 (NPR 36,792) |
|
Test Duration |
3 hours & 8 minutes |
2 hours & 15 minutes |
|
Sections Overview |
Quantitative Reasoning - 62 minutes for 31 questions |
Quantitative Reasoning - 45 minutes for 21 questions |
|
Scoring |
200-800 |
205-805 |
|
Validity |
5 years |
5 years |
GMAT Exam Highlights
|
GMAT full form |
Graduate Management Admission Test |
|
Most popular for |
MBA programs |
|
Conducted by |
Graduate Management Admission Council (GMAC) |
|
GMAT exam fee |
USD 275 (NPR 36,792) |
|
GMAT score range |
200-800 |
|
Official website |
https://www.mba.com |
|
Contact |
Phone: +91 120-439-7830 Fax: +91-120-4001660 |
Why Apply for GMAT?
One of the most popular tests for MBA admissions is GMAT. A couple of reasons why you should consider applying for the GMAT exam are given below.
- You can take the test online at home or test centre.
- GMAT scores can be submitted four times more than GRE scores.
- It is approved and accepted by almost all the top business schools in the world.
GMAT Exam Eligibility
As you might already know, the GMAT exam is attempted by all those who wish to pursue their Master’s in Business Administration. There is no minimum age requirement for attempting the test. If you are below 18 years of age, you will need the consent of your parents or guardian.
GMAT Test Format
The GMAT exam assesses your skills in four aspects. These four sections together constitute the 50 topics. The four sections are given below.
- Analytical Writing Assessment
- Integrated Reasoning
- Quantitative Reasoning
- Verbal Reasoning
GMAT Exam Fee
You can take the GMAT exam online at home or a test centre. The GMAT exam fee in Nepal varies for both of these. The GMAT exam fee is USD 275 (NPR 36,792), while it costs USD 250 to take at a test centre. The table below will help you understand better.
|
Basis |
Test Centre GMAT |
Online GMAT |
|
GMAT Exam Fees in Nepal |
USD 250 |
USD 275 |
|
Enhanced Score Report |
USD 30 |
NA |
|
Additional Score Report |
USD 35 per report |
USD 35 per report |
|
GMAT Score Cancellation |
USD 25 |
NA |
|
Reinstate GMAT Score |
USD 50 |
NA |
|
AWA Rescoring |
USD 45 |
USD 45 |
GMAT Exam Cancellation Fees
You can cancel the GMAT exam. However, the cancellation charge varies based on the number of days you take to cancel. The table below shows the cancellation charges.
|
Time |
Test Centre GMAT |
Online GMAT |
|
More than 60 days prior to the appointment |
USD 165 (USD 110 refund) |
USD 180 (USD 120 refund) |
|
15 to 60 days prior to the appointment |
USD 195 (USD 80 refund) |
USD 210 (USD 90 refund) |
|
1 to 14 days prior to the appointment |
USD 220 (USD 55 refund) |
USD 240 (USD 60 refund) |
GMAT Reschedule Fees
|
Time |
Test Centre GMAT |
Online GMAT |
|
More than 60 days prior to the appointment |
USD 55 (NPR 7358) |
USD 60 (NPR 8027) |
|
15 to 60 days prior to the appointment |
USD 110 (NPR 14,717) |
USD 120 (NPR 16,055) |
|
1 to 14 days prior to the appointment |
USD 165 (22,075) |
USD 180 (NPR 24,082) |
GMAT Exam Syllabus and Pattern
|
Analytical Writing Assessment |
In this section, your ability to think critically and communicate will be measured |
|
Integrated Reasoning |
This section tests how well you analyse all the data to evaluate information represented in multiple formats |
|
Quantitative Reasoning |
This section measures how well you come to conclusions using analytical skills and reasoning |
|
Verbal Reasoning |
This section measures how well a candidate reads and understands the written material and evaluates arguments out of it |
GMAT Exam Dates 2023-24
There is no fixed date on which you can take the GMAT exam, and you have the option to choose a date you wish based on your convenience. Because the test is conducted online all through the year, you can select a date according to your preference.
GMAT Exam Booking
It is advisable to register for the GMAT exam at least two months before the date on which you wish to take the exam. You can follow the given steps to book a GMAT exam slot.
- Visit the official website of GMAT.
- Choose the test centre.
- Enter your preferred country.
- Choose up to three centres.
- Select your preferred test date.
How to Prepare for GMAT?
We have included a few tips you can follow when you prepare for the GMAT exam so that you score a higher point. These tips are given below.
- Learn about the sections.
- Make a study plan.
- Find a good study material.
- Improve your weakness.
- Answer all the questions.
- Keep a watch on the time.
- Don’t spend time on the questions you don’t know.
- Practise as much as you can.
How is the GMAT Score Calculated?
If you are planning to attempt the GMAT exam, you should learn in detail about the scoring system. We have tabulated it below so that you get a better idea.
|
Sections |
Scoring |
How the Section is Scored |
|
Analytical Writing Assessment |
0–6 scored in half-point increments |
Essays are scored using a machine algorithm and professional raters. |
|
Integrated Reasoning |
1–8 scored in 1-point increments |
This section is scored based on the number of questions answered correctly. |
|
Quantitative Reasoning |
6–51 scored in 1-point increments |
This section is scored based on: the number of questions answered, the number of questions answered correctly & level of difficulty of the questions answered. |
|
Verbal Reasoning |
6–51 scored in 1-point increments |
This section is scored based on: the number of questions answered, the number of questions answered correctly & the level of difficulty of the questions answered |
|
Total Score |
200–800 scored in 10-point increments |
Total scores are based on Quantitative and Verbal Reasoning section results. |
GMAT Score Validity
The GMAT score is valid for up to five years. It is always a good idea to take the GMAT exam, as most top companies ask for a good GMAT score for jobs. If you are not satisfied with your test result, you can retake the GMAT exam. However, you can take the test only five times in one year.
How to Check GMAT Result?
You can check your GMAT result online. The steps to be followed for the same are given below.
- Log in to your account at the official website.
- Take GMAT exams.
- Click the “View Official Scores” button.
- Enter your Date of Birth.
- Click the “View Score Report”.
GMAT Score
GMAT Mean Score
GMAT Accepting Universities
|
Massachusetts Institute of Technology |
Harvard University |
|
Stanford University |
University of British Columbia |
|
University of California, Berkeley |
University of Western Ontario |
|
University of Melbourne |
London Business School |
|
University of Toronto |
University of Chicago |
GMAT vs GRE: Which is Easier?
Both GMAT and GRE follow a different pattern, and it is not easy to categorise one as easy and another as difficult. Moreover, GMAT is considered the best choice for admission to top business schools to study abroad. However, the Quantitative Reasoning section of the GRE is considered a bit easier than GMAT. On the other hand, the Verbal Reasoning section of GMAT is considered easier than GRE.
We hope that you would have obtained all information related to the GMAT overview. You can read our blogs to get detailed information on GMAT eligibility, GMAT results and scores etc. If you have any further doubts, you can contact AECC’s counsellors. We are available anytime to offer you FREE guidance on university applications, visas, scholarships, and more.
