GMAT An Introduction:
The Graduate Management Admission Test (GMAT) is the primary qualification exam essential for pursuing management education in leading business schools across the globe.
GMAT is essentially the first step in your attempt to do an MBA.When you take the GMAT, you become eligible for applying to the MBA program in all the leading b-schools in the world. To give you an idea, here is a geographically sorted list of the top international b-schools which accept GMAT scores for an admission to their management program.
To name a few top B-Schools wrt to the region
The United States of America (USA)
1. Harvard Business School (HBS)
2. Stanford Business School
3. Stern Business School – NYU
4. Wharton School of Business
Europe and Great Britain (UK)
1. INSEAD- Fountainbleu (France)
2. HEC – Paris
3. London Business School
4. ESADE – Barcelona
1. NTU – Singapore
2. CEIBS – China
3. AIM – Manila
4. INSEAD – Singapore
However it will be a misconception that GMAT is only the preserve of foreign b-schools as off-late, even prestigious Indian b-schools are accepting GMAT scores.
The prominent Indian B-schools that accept GMAT scores are
1. ISB Hyderabad
2. Great Lakes, Chennai
3. IIM Bangalore PGPX Program
4. IIM Ahmedabad PGPX Program
What about the existing exams like CAT? Why should I give one more exam?
CAT, or the Common Admission is the qualifying test for admission to the MBA program of the Indian Institutes of Management and other affiliated Indian Institutes. We give you some points to ponder about CAT, and how it stands up to GMAT
Read More about The New GMAT Pattern
Here is the story of three test takers, and an illustration on how the algorithm works.
Something to remember
• You are not allowed to skip or go back to a particular question. As the following question depends on the answer to the question in front of you, it has to be solved
• You can skip a question, but then the GMAT algorithm penalizes you heavily for it. So make an educated guess, but avoid skipping unless absolutely necessary.
Read More about the GMAT Scoring Algorithm
Quant Scores V/S Percentiles
Verbal Scores V/S Percentiles