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GMAT
Graduate Management Admission Test

Fees and Refunds

Test fee: USD 250, plus applicable taxes.
Partial refund for cancellation: USD 80. If registrants decide to cancel their test appointment, they must contact the registration center no later than seven calendar days prior to their scheduled appointment. They will receive a partial refund of their test fee.
Rescheduling fee: $50.

Registration

You may register for the Graduate Management Admission Test (GMAT) using one of four methods—online, by phone, by mail, or by fax.

Register online at www.mba.com.

You may also schedule an appointment for the Graduate Management Admission Test (GMAT) by telephone with a credit card. If you do not have a credit card, complete the International Test Scheduling Form for the GMAT, found in the GMAT Information Bulletin and mail it with your check or money order payable to "ETS-GMAT" to the address shown.

Repeater Policy

Test takers must wait 30 days before retaking a computer-based GMAT test.

Test Score Validity

GMAT test score is valid for 5 years.

GMAT Information and Registration Bulletin

All of the information that you need to prepare yourself for taking GMAT including the actual directions on the test, sample questions, and testing procedures are contained in the GMAT Information Bulletin. The Bulletin is available at the Fulbright Advising Center. A downloadable version is available on the GMAT website at www.mba.com.

Purpose of the GMAT Test

The GMAT measures basic verbal, mathematical, and analytical writing skills that are developed over a long period of time. It is specifically designed to help graduate schools of business assess the qualification of applicants for advanced study in business and management.

The GMAT does not measure every discipline-related skill necessary for academic work, nor does it measure subjective factors important to academic and career success-such as motivation, creativity, interpersonal skills, and study skills. Likewise, it does not predict the discipline or diligence developed over a four-year span, as would a measurement such as GPA. Find out from individual schools how GMAT scores will be factored into the admissions decision.

Some schools require minimum GMAT scores. Other schools only have minimum score requirements for certain sections of the GMAT. Know the minimum standard at a particular school, if it exists, so that you do not waste time submitting an application to a school that immediately will disqualify you.

Many schools emphasize certain sections of the GMAT more than others. For example, many schools have noticed and documented strong correlation between the GMAT quantitative score and performance in certain core MBA courses. In these cases, the GMAT is considered a strong predictor of ability to perform and compete against your colleagues in the MBA class.

People often take the GMAT more than once. Many schools will consider your best score rather than your most recent score, but you should check with the individual school regarding GMAT policy and multiple scores. If you feel that you could improve your GMAT score, consider re-testing only after additional preparation. If you are denied admission and have been told that your GMAT score was not competitive, you should prepare more thoroughly or perhaps even try a different method of preparation.

The Three Sections of the Test

The Graduate Management Admission Test (GMAT) is a standardized assessment. The test is comprised of three main sections-analytical writing, quantitative reasoning, and verbal reasoning. Each of these areas is measured using different types of questions that have specific instructions for each. It is important to recognize that the GMAT evaluates skills and abilities that develop over relatively long periods of time. Although the sections are basically verbal or mathematical, the complete test provides one method of measuring overall ability. The GMAT does not test specific knowledge obtained in college course work, and it does not seek to measure achievements in any specific areas of study.

Additional information about the GMAT Test is provided in the GMAT Information and Registration Bulletin and on the GMAT website: www.mba.com. The website includes sample questions, capability for purchasing practice materials, information about computer-based testing, Regional Registration Centers, test centers, downloadable publications, and much more.

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The America for Bulgaria Foundation
Teaching Excellence and Achievement Program (TEA) The Benjamin Franklin Summer Institute, July 2012