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The Graduate Management Admission Test, or GMAT, is an important part of the business school application process. 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 GMAT is developed and administered by testmaker GMAC to provide business schools with common measures of applicants’ preparedness for graduate-level academic work. Business school admission committees look at your GMAT score, along with work experience, academic record, and supporting materials, to assess your readiness for the rigors of an MBA program.
When to take the GMAT?
Because MBA and other business programs have a wide range of application deadlines, you’ll want to research your programs of interest ahead of time and ensure that your GMAT score can be reported in time for your earliest deadline. Your GMAT score is good for five years.
Keep in mind that many MBA programs accept applications in “rounds” that can end as early as September for Round 1 at highly competitive programs and can go as late as the following April or May for Round 3 or even Round 4.
You’ll want to devote 1–3 months to studying for the GMAT. GMAT test takers who score in the 90th percentile or higher typically study more than 120 hours for the exam.