Anyone applying to top graduate business programs should be aware that a strong performance on the Graduate Management Admission Test (GMAT) will increase their chances of acceptance. Admissions committees take it very seriously because the GMAT score is a significant indicator of academic readiness for business school.
An MBA program will teach you business fundamentals and help you develop leadership abilities in any industry or sector. A master’s degree in business administration (MBA) can help you advance your career, progress in your positions, and boost pay. The GMAT is a 3.5-hour business school entrance exam intended to evaluate essential skills for business school. It is a standardized test that assesses the MBA applicant’s mathematical, verbal, and analytical writing abilities.
The GMAT is the most common exam used by business schools to determine whether or not a student is qualified for an MBA program. The GMAT is comparable to the GRE. However, one key distinction between the GMAT and the GRE is that the former was constructed specifically for business schools. While the latter was created for use in a variety of graduate programs.
The GMAT has four sections: analytical writing, verbal reasoning, quantitative reasoning, and integrated reasoning, each of which is timed separately. Scores on the GMAT are valid for five years.
Begin studying for the GMAT as soon as possible—at least six months before the exam date.
Make a study program for yourself and stick to it. Use GMAT practice examinations to familiarize yourself with the format and types of questions that will be asked. It would be best if you also practiced pacing because time management is crucial. Don’t speed through the questions; instead, take your time to read each one and choose the best answer.
Why Take The GMAT?
Most accredited MBA programs in the U.S. require the GMAT. The GMAT is usually only administered on a computer, although the exam may be given on paper in locations with limited computer networks. Over 2,100 institutions use the GMAT to screen applicants.
If you are seriously contemplating moving your career and enrolling in business school, you should take the GMAT exam. It helps you with the best-fit MBA program. A good GMAT exam score is highly correlated with acceptance into the business school of your choice. Business schools such as Stanford believe that the GMAT is useful in determining someone’s readiness for Stanford’s MBA program.
Timing the GMAT Test
Taking the GMAT will provide you with a world of possibilities, including admission to the MBA program of your dreams. You must, however, research to ensure that you are well prepared. You can take a GMAT prep course to prepare for the GMAT and block out time to study each day.
When it comes to MBA applications, timing is everything. Submitting your application at the appropriate moment will help you get accepted, so it’s recommended to check the application dates for various MBAs of different business schools.
It would be best if you took it at least 3–4 months before the start of the application period. Keep in mind that most programs necessitate a few years of prior experience. You can take the GMAT exam five times in 12 months with a minimum of 16 calendar days gap between exams and a maximum of eight times.
The duration of the online GMAT is 2 hours and 45 minutes, including 15 minutes for check-in. This includes the following:
- Quantitative Reasoning– Checks your capacity to assess data and develop conclusions using reasoning skills is measured in reasoning. Therefore, 62 minutes are allotted for this part.
- Verbal Reasoning– Assesses your ability to read and comprehend written content, analyze arguments, and edit written material to adhere to written English standards. A total of 65 minutes is allotted for this portion.
- Integrated Reasoning– Assesses your ability to evaluate the information offered in various formats and analyze facts. 30 minutes have been set aside for this part.
However, the in-person GMAT also includes the Analytical Writing Assessment GMAT format (AWA). The AWA assesses your ability to think and convey your thoughts critically. This section has a time limit of 30 minutes.
Take the First Step
Many businesses require an MBA for leadership or management positions. However, an MBA is only beneficial when you intend to work in a business-related profession, management, or as your company’s founder. An MBA can provide the skills and information required to start a new firm. Take the GMAT to begin your journey to your dream business school.