GMAT Exam

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GMAT Exam


The Graduate Management Admission Test (GMAT ( (JEE-mat))) is a computer adaptive test (CAT) intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA program. It requires knowledge of certain specific grammar and knowledge of certain specific algebra, geometry, and arithmetic. According to the test-owning company, the Graduate Management Admission Council (GMAC), the GMAT assesses analytical writing and problem-solving abilities while also addressing data sufficiency, logic, and critical reasoning skills that it believes to be vital to real-world business and management success. It can be taken up to five times a year but no more than eight times total. Attempts must be at least 16 days apart.GMAT is a registered trademark of the Graduate Management Admission Council. More than 7,000 programs at approximately 2,300+ graduate business schools around the world accept the GMAT as part of the selection criteria for their programs. Business schools use the test as a criterion for admission into a wide range of graduate management programs, including MBA, Master of Accountancy, Master of Finance programs and others. The GMAT is administered online and in standardized test centers in 114 countries around the world. According to a survey conducted by Kaplan Test Prep, the GMAT is still the number one choice for MBA aspirants. According to GMAC, it has continually performed validity studies to statistically verify that the exam predicts success in business school programs. The number of test-takers of GMAT plummeted from 2012 to 2021.

Article Title : Graduate Management Admission Test
Article Snippet :online format of the GMAT exam. In 2013, an independent research study considered three full-time MBA programs and reported that the GMAT Total score had a
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Article Snippet :IIT-JEE, NEET, CAT, IAS, and international examinations such as GRE and GMAT. Academic subjects and concepts are explained with 12-20 minute digital animation
Article Title : Chartered Financial Analyst
Article Snippet :University recognizes students who have passed the CFA Level I exam are exempt from the GMAT/GRE/BAT score requirement, as well as the requirement of completing
Article Title : Graduate Record Examinations
Article Snippet :instance, most business schools and economics programs require very high GRE or GMAT scores for entry, while engineering programs are known to allow more score
Article Title : Graduate Management Admission Council
Article Snippet :includes representation from business schools and private industry. The GMAT exam, taken more than 230,000 times per year, is designed as an objective predictor
Article Title : Test preparation
Article Snippet :tests Elsevier - publisher of the HESI exam Graduate Management Admission Council (GMAC) - publisher of the GMAT Harcourt Assessment - publisher of the
Article Title : Master of Business Administration
Article Snippet :undergraduate grade point average, academic transcripts, entrance exam scores (for example, the GMAT or the GRE test score), a résumé containing significant work
Article Title : Graduate Aptitude Test in Engineering
Article Snippet :(FE exam) Principles and Practice of Engineering Examination (PE exam) Graduate Record Examination (GRE) Graduate Management Admission Test (GMAT) Common
Article Title : JD–MBA
Article Snippet :to provide: University Application Forms GMAT Exam Scores GRE Exam scores sometimes in replacement of GMAT M.B.A application essay(s) M.B.A application
Article Title : Lagos Business School
Article Snippet :graduate business schools in the world, and owner and administrator of the GMAT exam. By virtue of its AACSB accreditation, LBS became a member of the MBA

The Graduate Record Examination (GRE) is a standardized test that is an admissions requirement for most graduate schools in the United States. Created and administered by Educational Testing Service (ETS) in 1949, the exam aims to measure verbal reasoning, quantitative reasoning, analytical writing, and critical thinking skills that have been acquired over a long period of time and that are not related to any specific field of study. The GRE General Test is offered as a computer-based exam administered at Prometric testing centers.

In the graduate school admissions process, the level of emphasis that is placed upon GRE scores varies widely between schools and between departments within schools. The importance of a GRE score can range from being a mere admission formality to an important selection factor.

The GRE was significantly overhauled in August 2011, resulting in an exam that is not adaptive on a question-by-question basis, but rather by section, so that the performance on the first verbal and math sections determine the difficulty of the second sections presented. Overall, the test retained the sections and many of the question types from its predecessor, but the scoring scale was changed to a 130 to 170 scale (from a 200 to 800 scale).

The cost to take the test is US$195, although ETS will reduce the fee under certain circumstances. They also promote financial aid to those GRE applicants who prove economic hardship. ETS does not release scores that are older than 5 years, although graduate program policies on the acceptance of scores older than 5 years will vary.


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MIT Sloan School of Management

The MIT Sloan School of Management (also known as MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts, USA.

MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Its full-time MBA program is one of the most selective in the world, and is ranked #1 in more disciplines than any other business school.

MIT Sloan emphasizes innovation in practice and research. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, Theory X and Theory Y, the Solow–Swan model, the Modigliani–Miller theorem, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners.

MIT Sloan Management Review, a leading academic journal, has been published by the school since 1959. The annual MIT Sloan Sports Analytics Conference attracts leaders from the NBA, NFL, NHL, Premier League, and Major League Baseball.


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3D Business School rankings

RankBusiness School3D Score
#1Harvard Business School98.0
#2Wharton Business School96.9
#3Yale School of Management95.6
#4Columbia School of Management94.5
#5Skema Business School93.2
#6Sloan School of Management91.9
#7London Business School91.0
#8Stanford School of Business90.2
#9Kellogg School of Management89.2
#10Haas School of Business87.9

3D MBA programs tuition costs and fees

RankSchoolTotal MBA cost2-years tuition
#1Columbia$168,307$106,416
#2Wharton$168,000$108,018
#3Stanford$166,812$106,236
#4Chicago Booth$165,190$101,800
#5Dartmouth Tuck$162,750$101,400
#6MIT Sloan$160,378$100,706
#7Harvard Business School$158,800$100,706
#8Stern$157,622$94,572
#9Yale School of Management$151,982$99,800

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