The GMAT is a multiple-choice, computer-based and computer-adaptive standardized exam that is often required for admission to graduate business programs (MBA) globally.
The Graduate Management Admission Test or GMAT is a major part of your application to
business programs. The test assesses decision-making skills and will help you demonstrate the knowledge you need to succeed in the business world.
It is conducted by the Graduate Management Admissions Council (GMAC).
Why is the GMAT exam important?
The GMAT exam offers an exclusive avenue to enter the world’s top business schools. With the GMAT, in addition to an MBA program, students can apply for Masters in Finance, Management, Marketing programs as well. The GMAT exam is taken by students or working professionals who want to apply to business schools.
The questions focus on the understanding of concepts and business vocabulary in order to evaluate applicants’ understanding and ability to apply their learning from school.
Who is Eligible for the GMAT Exam?
The test is majorly opted by undergraduate students and working professionals who are
seeking admission to premier management programs around the world. GMAT is not a direct entrance test, rather it is an aptitude test score which is used for a variety of purposes.
Format of GMAT
The GMAT exam contains four distinct sections:
● Analytical Writing Assessment
● Integrated Reasoning
GMAT exam takers have the option of ordering their GMAT test portions. You will be able to choose one of three orders:
1. Verbal, Quantitative, Integrated Reasoning, Analytical Writing Assessment
2. Quantitative, Verbal, Integrated Reasoning, Analytical Writing Assessment
3. Analytical Writing Assessment (AWA), Integrated Reasoning (IR), Quantitative,
Your combined Verbal and Quantitative scores determine your GMAT Score. The GMAT
uses its algorithm to transform your Verbal and Quantitative results to the standard 200-800 scale, with a mean score of 552.
Analytical Writing Assessment (AWA)
Time: 30 Minutes || No. of Questions: 1 Topic (Essay) || Score Range: 0-6
The Analytical Writing Assessment, or the 'essay' part, assists business schools in analyzing your writing abilities. It is judged individually, and your AWA score is not used to calculate your total GMAT score. Essays are graded by both a human grader and a machine grading system, and the two scores are averaged to get your final score. If the ratings differ considerably, another human reads and rates your writing. The basic concept is to concentrate on the structure of the answer rather than the reasons offered.
Remember, this is not a test of your views, but of your writing style, therefore it is best to maintain a neutral stance.
The essay given can be of two types:
● Argument Essay
You must analyse the logic and then give your argument in this area. Remember that you will be graded on how successfully you reasoned a certain argument. Check to see if the argument is logically solid and avoid making any unfounded assumptions.
● Issue Essay
In this section, you must compose an essay on the topic assigned to you. The candidate must express an opinion in around 600 words. Candidates' opinions might be supportive of the stated statement or they can express their own.
Time: 30 Minutes || No. of Questions: 12 Questions || Score Range: 1-8
The GMAT includes an Integrated Reasoning component. This portion assesses the applicants' ability to analyze data provided in the form of a graph or a table. This section has 12 of the following types of questions:
● Table Analysis
This portion assesses applicants' ability to sort and analyze a data table, such as a spreadsheet, to discover the most significant information or the one that satisfies specified criteria.
● Two-Part Analysis
The issues might be either verbal or quantitative, or a combination of the two. The format is adaptable and may accommodate a wide range of information. The capacity of applicants to solve simultaneous equations, evaluate trade-offs, and distinguish between two things is assessed.
● Multi-Source Reasoning
It assesses applicants' abilities to study data from numerous sources, such as tables, images, text passages, or a mix of all three, and carefully analyze each source of
data in order to answer multiple questions.
● Graphics Interpretation
It assesses applicants' ability to detect correlations and make conclusions from information provided in a graph or graphical representation (scatter plot, x/y graph,
bar chart, pie chart, or statistical curve distribution).
Time: 62 Minutes || No. of Questions: 31 Questions || Scaled Score: 6 to 51
The GMAT Quantitative part is intended to assess your conceptual and analytical understanding of fundamental math topics such as arithmetic and number properties, algebra, and geometry.
The section contains two sorts of questions:
● Problem Solving
Problem Solving is a common sort of standardized test question. You'll be asked a question and given five possible answers. To test your critical thinking skills, problem solving problems involve high school-level arithmetic up to algebra and plane geometry.
● Data Sufficiency
It assesses applicants' abilities to study a quantitative problem, identify which data is significant, and determine whether enough data is available to solve the problem.
Time: 65 Minutes || No. of Questions: 36 Questions || Scaled Score: 6 to 51
The GMAT Verbal section assesses your mastery of standard written English, ability to
analyze arguments, and critical reading skills. This section has three categories of questions:
● Critical Reasoning
Critical Reasoning questions assess your ability to construct and evaluate arguments, as well as formulate a plan of action. You will be given a short argument or a sequence of assertions, as well as a question about it. Understanding the structure of arguments and careful logical examination of the relationships between evidence and conclusions are required for success on Critical Reasoning problems.
● Reading Comprehension
It assesses applicants' ability to form inferences, comprehend logical linkages between major points, comprehend words and phrases, and track the evolution of mathematical ideas. Aside from that, the applicants' reading skills will be examined in the following areas: inference, application, primary concept, supporting the idea, logical structure, and style.
● Sentence Correction
Long and involved sentences are common in GMAT Sentence Correction. A portion of the sentence—or the entire sentence—will be highlighted, and you will be asked to choose the best version of the underlined segment from the original or one of four alternatives. The statement may be error-free or have one, two, or more mistakes.
How much does the GMAT cost?
The GMAT costs $250 and includes mailing score reports to up to five programs of your
choice. You must pick the correct time to take the GMAT and the proper test prep, so you
don't have to pay the cost more than once.
Preparing for the GMAT exam is a task that many students find daunting, but Top One
Percent has successfully helped over thousands and thousands of students score supremely high on the GMAT, enabling them to fulfil their MBA from a premier B-School!