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In this Blog:
- GMAT Exam Fee in India
- GMAT Exam Rescheduling/Cancellation
- Sending Score Reports
- How to Schedule the GMAT Exam
- Is a Passport Compulsory for Taking the GMAT Exam?
- When to Start GMAT Prep
- How Long for GMAT Results
For those gearing up for the GMAT exam, stay tuned for essential details on registration, fees, and the process. This blog serves as your financial guide to navigating the GMAT journey successfully!
GMAT Exam Fee in India:
The GMAT exam fee in India is USD 275, approximately INR 23,000, varying by location and other factors. This fee covers the Enhanced Score Report (ESR), providing a detailed breakdown of scores, percentile rankings, and performance comparisons with other test-takers.
Aside from the base fee, additional services come at extra costs:
GMAT Exam Rescheduling/Cancellation:
- Reschedule Fee:
- $50 – More than 60 days prior to the appointment
- $100 – 15 to 60 days prior to the appointment
- $150 – 1 to 14 days prior to the appointment
- Cancellation Fee:
- $165 ($110 refund) – More than 60 days prior to the appointment
- $190 ($80 refund) – 15 to 60 days prior to the appointment
- $220 ($55 refund) – 1 to 14 days prior to the appointment
Sending Score Reports:
The exam fee covers sending scores to up to five business school programs. For more than five schools, an additional fee of US $35 or ₹2,920 (approx.) per school applies.
How to Schedule the GMAT Exam:
- Create a GMAC Account: Visit www.mba.com to create your GMAC account.
- Select Test Type & Mode: Choose between GMAT and GMAT Focus Edition, either online or at a convenient test center.
- Choose Test Date: Select a date that suits your schedule.
- Pay Exam Fee: After selecting the date, pay the GMAT exam fee.
- Prepare for the Exam: Allocate ample time for preparation, utilizing study resources such as official GMAT materials, test prep books, and online courses.
- Confirmation and Test Day: Receive a confirmation email with test details. On test day, bring valid identification, usually a passport.
Is a Passport Compulsory for Taking the GMAT Exam?
Yes, a valid passport is generally required for GMAT exams in India as the primary form of identification. Ensure your passport matches the name used during registration to avoid complications on test day.
When to Start GMAT Prep:
Ideally, start GMAT preparation 2 to 6 months before the test date. Adjust based on your familiarity with the exam format and required practice.
How Long for GMAT Results:
Official score reports are available within a maximum of 7 business days, with certain situations possibly requiring up to 20 business days. GMAT online exam results remain valid for 5 years.
Understanding GMAT fees and requirements is crucial for your business school journey. Plan ahead, prepare thoroughly, and stay updated on official information. For the latest details, always refer to the official GMAC website. Questions? Reach out, and our expert faculty will provide direct answers!
In conclusion, embarking on your GMAT journey with Unacademy offers a comprehensive and valuable resource for effective preparation. Unacademy provides a range of features to support your study efforts, including Live Sessions, Practice Questions, Mock Tests, Recorded Sessions, Live Doubt Clearing Sessions, 1:1 Mentorship, and Computer Adaptive Tests. These offerings are designed to enhance your learning experience, ensuring a well-rounded and adaptive approach to GMAT preparation. With Unacademy’s platform, you can access live interactions, practice materials, and personalized mentorship to boost your confidence and readiness for the GMAT exam. Consider starting your GMAT preparation with Unacademy to make the most of these valuable resources and optimize your chances for success.
