What is the GMAT Fee ?

0

The GMAT is an expensive exam, hence, you need to prepare for the exam thoroughly and well in advance to achieve your target score in the first attempt itself. If you are unable to achieve the score you require to make it into the business school of your choice the first time, then you will need to shell out the same amount again. You will need to do this every time you reattempt the exam and this could burn a hole in your pocket. 

Whether you are taking the GMAT exam or the online version of the exam (due to the pandemic, GMAC has introduced an online version that can be taken from the comfort of your home), you need to pay a GMAT fee of $250 or 18,300 INR. (The INR amount might vary, this is just an approximate amount). 

Besides the registration fee, there are some additional fees that GMAC charges for various services. We have listed them in the table below.

Services Provided by GMAT Charges 
GMAT fee for Registration US $250
Enhanced score report US $30
Additional Score report US $35
Reinstate score US $50
Cancelling score (after you leave test centre) US $25
Rescoring for AWA essay US $45
Cancellation fee* 

  1. More than 60 days before date of the exam
  2. 15-60 days prior to the exam
  3. 14 days and less before the exam
  1. US $100 refund
  2. US $75 refund
  3. US $50 refund

The GMAT fee has to be paid once you have registered and chosen an exam date. In the next section, we tell you more about the GMAT exam dates. 

GMAT Exam dates 

If you are planning to attempt the GMAT, you will need to select the date of your exam before all your preparation. There are many factors which are involved while selecting the date, we have listed a few of them for you below : 

  • Before you finalise your exam date, you will have to check the admission deadlines of the universities you are applying to. You can then accordingly select when you should take the exam.
  • You must also take into consideration the time it will take for you to complete preparing for the exam. You should check the syllabus and make a detailed study plan that covers all topics. Also, if possible keep in mind the time you would take to attempt some mock exams before the exam. 
  • You should consider time for retakes as well (in the event that you are not satisfied with your performance and would like to improve your scores further). It takes upto 20 days (from the date of your exam) for the official score report to reach the universities you have applied to.

The above mentioned are some of the crucial points to keep in mind when scheduling your exam. To register and schedule a date, the first thing you have to do is create an account on the official website of GMAT. Then fill in all your basic details like name, address, date of birth, etc. You will then be redirected to choose your preferred location and test centers. It is recommended that you opt for centres which are closeby and easily accessible. Finally, you will be asked to choose the GMAT exam date. Since the exam dates are available throughout the year, you have the flexibility to choose one that is convenient for you. 

In case you don’t want to take the exam on the date you have scheduled the exam, then you have the option to cancel and reschedule the exam. You will be charged a rescheduling fee based on the number of days left for your exam.

We hope this article helped you to learn more about GMAT Fees and the GMAT exam dates. Good Luck!

 

Leave A Reply

Your email address will not be published.