The GMAT exam consists of four main sections—Analytical Writing Assessment, Integrated Reasoning, Quantitative, and Verbal.
Here is a snapshot of the GMAT exam format and timing.
TheGraduate Management Admission Test(GMAT,) is a computer adaptive test (CAT) which assesses a person's analytical, writing, quantitative, verbal, and reading skills in standard written English in preparation for being admitted into a graduate management program, such as an MBA.More than 5,400 programs offered by more than 1,500 universities and institutions in 83 countries use the GMAT exam as part of the selection criteria for their programs site.Business schoolsuse the test as a criterion for admission into a wide range of graduatemanagementprograms, includingMBA,Master of Accountancy, andMaster of Financeprograms. The GMAT exam is administered in secure, standardized test centers in more than 110 countries around the world.On June 5, 2012, theGraduate Management Admission Council(GMAC) introduced an integrated reasoning section to the exam that is designed to measure a test taker’s ability to evaluate data presented in new formats and multiple sources. GMAC continues to perform validity studies to statistically verify that the exam predicts success in business school programs.According to a survey conducted by Kaplan Test Prep, the GMAT is still the number one choice for MBA aspirants despite the increasing acceptability ofGREscores.
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The Graduate Record Examination (GRE) is a standardized test that is an admissions requirement for many graduate schools in the United States, in other English-speaking countries, and for English-taught graduate and business programs world-wide. 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 varies between US$130 and $210, depending on the country in which it is taken, 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.