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Revision as of 16:13, 26 September 2005
Graduate Management Admission Test, perhaps better known by its initialism GMAT, is a standardized test for determining aptitude in business management studies. GMAT is typically pronounced "jee-mat." Most MBA schools use the GMAT score as a criterion for admission. As of January 3, 2005, the fee to take the Graduate Management Admission Test® (GMAT®) is U.S. $250 worldwide ().
Test
The GMAT is an "aptitude test" (as opposed to an "achievement test"). It currently consists of an essay section, which requires two free-response essays of 30 minutes each; and two multiple choice sections, one quantitative and one verbal. The test is administered on a computer and is computer adaptive meaning that the level of difficulty of subsequent questions depends on whether the preceding question was answered correctly. The test tries to close in on the test taker's true score, so earlier questions have more influence on the final score than later questions.
The writing samples constitute the Analytical Writing Assessment (AWA) score, which is scaled from 0-6 in half-point increments. The "Total Score," comprised of the quantitative and verbal sections, is exclusive of the writing assessment, and ranges from 200 to 800. Though the Graduate Management Admission Council® (the organization that owns the test) claims that scores for the quantitative and verbal sections run from 0-60, it is commonly believed that scoring above a 51 on either section is now impossible. Two-thirds of test takers score between 400 and 600. The 99th percentile begins at 740 or 750, depending on the individual test.