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 Verbal Reasoning - 65 minutes for 36 questions Integrated Reasoning - 30 minutes for 12 questions Analytical Writing - 30 minutes for 1 question	Quantitative Reasoning - 45 minutes for 21 questions Verbal Reasoning - 45 minutes for 23 questions Data Insights - 45 minutes for 20 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

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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

You have the option to reschedule your GMAT exam. However, you will be required to pay some amount as a rescheduling fee. The table below will help you understand better.

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

The GMAT exam has four sections; quantitative reasoning, Analytical Writing Assessment, Integrated Reasoning and Verbal Reasoning. We have tabulated the GMAT exam syllabus and pattern below for your reference.

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

It is always best to have a high GMAT exam score so that the chances of you getting admission to a top business school abroad are higher. The minimum score accepted will vary depending on the business school.

GMAT Mean Score

Before you plan to attempt the GMAT exam, it is advisable to get an idea of the mean score. It is expected to get a GMAT score of at least 700 if you plan to study at top business schools in the UK or the USA.

GMAT Accepting Universities

Almost all the top universities and business schools in the world accept GMAT scores. Additionally, you need a pretty good GMAT score to get admission to top business schools as well. We have tabulated the top universities that accept GMAT scores below.

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.