GMAT: Frequently Asked Questions
This FAQ section includes information about what the GMAT Exam & Scores. Please see details about our GMAT Preparation Course. If you cannot find the answers to your question, please contact us.
What is the GMAT?
The GMAT (Graduate Management Admission Test) is the most popular standardized test for Business School aspirants worldwide. Over the past 5 years, the majority of the best B-Schools in India have started accepting GMAT scores, making it the test of choice for most Business School aspirants worldwide.
Why should I take the GMAT?
If you want to get into the one of the 500 best business schools in the world, the GMAT is statistically a no-brainer. For example, in a given class entering Harvard Business School, about 85% of the cohort enters with a GMAT score as opposed to a GRE score. For most people who have not taken another test for a specific reason, the GMAT is the test of choice.Giving a standardized test score is compulsory for admission into pretty much any good Business School in the world, so the GMAT stands as both the most popular option, as well as the easiest one to prepare for (with good guidance).
Is the GMAT credible?
The GMAT is the most credible standardized test in its category, with good reason:It’s accepted widely. If you make a wishlist of the ten top Business Schools you want to get into, there is a 95%+ probability that all of them will accept GMAT test scores. It is representative. The Graduate Management Admission Council (GMAC), which owns and administers the GMAT, is an association of Business Schools - so, the people who conduct the test that will change your life are also the people who know the skills you need.The GMAT has been around for a long time. More than six decades have passed, and the GMAT is still the premier test of its kind. The greatest credibility comes through survival, and the GMAT has survived a long time.
How is the GMAT scored?
The GMAT is scored on an 800 point scale. Two sections of the GMAT contribute to the overall score: the verbal and the quant section (the essay and the reasoning sections are scored separately, and can only be a problem in case the scores there are unexpectedly low). The score is determined statistically; depending on the overall number of questions you get correct, your performance is compared to that of others attempting questions of similar difficulty over the past year, and your score is a complex function of your relative performance.
What GMAT score is worth boasting of?
Since the computation of the GMAT score is a long, complex procedure, it is easier to remember this rule of thumb: no GMAT score disqualifies you from any Business School, and no GMAT score assures you of admission into any Business School. There are many other components of your application that count; if you get above 710 on your GMAT, all the good schools in the world will judge your analytical, quantitative and verbal skills above (their already high) average. Even a score below 710 can easily be offset by an impressive rest-of-application.An 800 is, of course, the Holy Grail, but only a handful (25-30) score the perfect score every year, out of the 250,000 who take the test annually. An 800 (or any other very high score) just makes the scorer feel happier; it does not have a measurable impact on the admission status.
What is the best time to take the GMAT?
There are various ways to answer this question.
Your age at the time of taking GMAT will usually be between 21 and 25, 1-3 years before you plan to apply using the score.The best time of year to take the GMAT is determined by two things (both partly outside your control): When you can expect to get a solid block of time to prepare (1-2 months dedicated; depends on how many holidays you can get from work / college), and when you can get a date to give the exam (every year, the exam becomes more popular).The deeper meaning of the best time is determined by when you are 100% sure that you want to get into one of the top business schools in the world. Once you do that, your path to the GMAT is set. All the best!
How long is a GMAT score valid?
A GMAT score is valid for up to 5 years, though most people prefer to apply with a GMAT score that is 2-3 years old, at maximum. There is no limit on the number of times one can take the GMAT.
What basic skills do I need to crack the GMAT?
Logical and analytical skills are at the core of every question in the GMAT - even essays, verbal and quantitative questions require sound thinking skills to succeed, over and above rote memorization of word meanings or formulae. The GMAT, more than any other standardized test in the world, is about mastering the system and performing within its constraints, so discipline is also important.
How long does GMAT preparation take?
Ideally, one should set aside 6 months for serious preparation: this does not mean that the entirety of the six months will be spent preparing, but that the first part of this time can be spent mastering topics, and that the second part can be spent completing realistic mock test simulations. You will need 1-2 months dedicated to preparation, ideally, right before the test.Of course, more time will not hurt; even if you have fewer than six months before your ideal test date, there are options for last minute preparation with adequate performance; for example, many of our crash courses facilitate the same.
I want to take the GMAT. How do I start?
Before starting, you need to be sure about whether an MBA in a top international Business School is right for you; you need to be sure about the timeline of application (so as to maximize your accept chances) and you need to make sure that you can give yourself the time to prepare in whatever window you choose.Once that’s done, you need to find a partner who will help you get a score higher than you thought was possible: someone who has experience, proven results, and credibility. Someone like Jamboree
Is cracking the GMAT the only important part of getting into one of the top Business Schools in the world?
Getting a good score on the GMAT is an essential precursor to getting one of those coveted admit calls from one of the top Business Schools in the world. However, this is not the only part of the puzzle; great Letters of Recommendation, a well put together application, due diligence on all deliverables, and good academic / professional records are the key components of a successful application.
A good score on the GMAT is a very important first step, without which nothing else will matter.
I have a problem with the Verbal section of most standardized tests. Can I still score well on the GMAT?
Yes. For the following reasons:
GMAT Verbal is different. The focus in any question is in assimilating the data from a given sentence or passage, and in processing it quickly, and choosing the most logical option. The focus is not on breadth of vocabulary.The words you need to know are fewer than in other tests. A GRE Word List might have 3000 words, of which 2000 are strange and new, but the GMAT word list can be picked up just through extensive preparation of questions and usage of new words learnt, if any.Everything can be reduced to a system. Sentence correction can be learnt as a series of rules; almost in the way that Quant is learnt. Any lingering fear of Verbal you have from the past can be disregarded; GMAT Verbal is a system.
I have a problem with the Quant section of most standardized tests. Can I still score well on the GMAT?
Yes, but only with extensive practice. For the following reasons:
Quant in the GMAT does not use very advanced concepts. As compared to tests like the CAT, the GMAT uses primarily middle school mathematics concepts, and focuses on depth of understanding of those, rather than breadth of knowledge - given that someone in the business world will have greater need of percentages than permutations.Quant in the GMAT has certain trademark formats. For example, Data Sufficiency is not something that is encountered elsewhere; this means that someone who does not familiarize himself / herself with the actual format of the GMAT will struggle; preparedness is everything.It is possible to ace Quant in the GMAT with practice alone. In most standardized tests, someone who is initially very poor at Quant will be able to attain basic proficiency, to get an average to good score. On the GMAT, by working out enough practice questions with the right guidance, the same person could get a very high score. This is a unique feature of the test.
How is the GMAT different from other tests that management aspirants take?
There are many differences, of course, but these three are the main ones:
The GMAT is more predictable. The GMAT has been around for more than half a century, and the changes to its format affect students globally, so are made less frequently. Hence, there exists more analysis of the test, and more systems that are designed to help students perform as well as possible.The GMAT is less of a deciding factor in admission, so it focuses on inclusion rather than exclusion. In many tests worldwide, the test score is a chief determinant of whether the candidate will be given admission or not. These tests have only one way of selecting candidates, and that is by increasing difficulty, and excluding those who cannot make the cut. However, the GMAT just needs to grade test givers on a bell curve; everyone who is above average passes the basic qualifications needed for his / her application to be scrutinized further by a given Business School.The GMAT focuses on real skills that Business Management aspirants will need in their future. The managers of the future will need to be comfortable with numbers and estimates, will need to use logic quickly in real time to make a complex problem simple, and will need to use language as a tool to communicate quickly and effectively. The GMAT tests these, and only these, and tries to minimize testing for anything else. Therefore, a lot of the dead weight in other exams is entirely missing.
How is Jamboree different from other GMAT preparation institutes out there?
We are different in many ways, but these three are our key differentiating factors:
We focus on practice of the actual test taking experience. The GMAT is all about familiarity and practice above everything else, and everything in our teaching experience, including the 10+ mock tests that we dissect, analyze and deconstruct with you, and the many more that you will get a chance to take via our organization, will be geared towards giving you the authentic feel of the test. When you give the GMAT, you will feel familiarity rather than nerves.We have top tier results. The transparency of our results are out there for you to see right now; our website tells you exactly who got a 760 score just two quarters ago, and tells you about the dozens of people who scored better than 710 in the same quarter. We assure you that we have many, many real people who achieved the scores that you are aiming to achieve, and our proven methodology will get you there, too!We will be with you till you get in. The GMAT is the first, essential step, but the application process post that is a long odyssey in self discovery, and you will need a partner to stand with you till you get all your admit letters. We will be that partner.
How often can I take the GMAT exam?
You can take the GMAT exam once every 16 calendar days and no more than five times in a 12-month period. You are only allowed to take the exam 8 times in total (lifetime limit effective December 17, 2016).