GMAC holds one of the most popular entrance exams for business school contenders and around 2,300 GMAT 2018 partaking institutes worldwide accept the GMAT exam to enroll candidates in the various management courses offered by them, to be exact in more than 7000 courses. The GMAT exams are conducted worldwide in approximately across 100 countries and in more than 600 test centers. Major countries like USA, Australia, Canada and many business schools in Europe and Asia have several GMAT accepting institutes and the USA has the greatest number of GMAT score accepting business schools or institutes in the world.

Here are the top B-schools across the Globe that accepts GMAT scores:

• Stanford Graduate School of Business
• Booth School of Business
• Harvard Business School
• Wharton, University of Pennsylvania
• Kellogg School of Management
• Tuck School of Business
• Columbia Business School
• Massachusetts Institute of Technology (Sloan)
• Berkeley Haas – University of California
• Yale School of Management

All these schools accept scores above 700 as their cutoff as do most of the top B-schools abroad.  

B-Schools accepting GMAT in India:

• Indian School of Business, Hyderabad
• Indian Institute of Management, Ahmedabad
• Indian Institute of Management, Bangalore
• Indian Institute of Management, Calcutta
• Indian Institute of Management (Lucknow)
• XLRI in Jamshedpur
• Indian Institute of Management, Indore
• S.P. Jain Institute of Management & Research, Mumbai
• IMT, Ghaziabad
• Great Lakes Institute of Management, Chennai

GMAT is a computer adaptive regularly conducted entrance test to measure the analytical, quantitative and verbal skills of a management school aspirant and it is utilized as a primary criterion for admissions into a wide range of management courses like Master of Business Administration (MBA) and Master of Finance programs and Master of Accountancy. GMAC does not advocate any specific criteria; however, aspirants should have completed their undergraduate education before completing the registration to GMAT examinations. As per the test pattern settings, GMAT consists of four sections, namely, Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal assessment.

GMAC has reduced GMAT score ranges from a scale of 200 to 800. According to the GMAC, two out of every three test- taker usually scores on an average of 400 to 600. The scorecard contains the following background information of the candidate, namely country of citizenship, gender, date of birth, contact number, Institute of undergraduate completion, grade point average, major subjects, date of graduation, intended post-graduate study, and the highest level of education attained by the candidate.  

The GMAT entrance examination 2018 will be of a three-and-a-half hour instead of long four hours. The changes have been effective since the exam conducted on April 16, 2018. The exam contents and the time allotment per question remain unchanged. The GMAT exam will be evaluated abiding by the same parameters. It is the same GMAT exam, only shorter by a half hour.

• Click Here To Discuss Participating Institutes in GMAT with Fellow Aspirants

There are not many eligibility requirements for appearing in the GMAT entrance examination except:

• Any candidate applying must hold a valid passport at the time of examination. This is the identification document required by candidates.
• The candidate must meet all the individual criteria set by the university before they apply to any college of their choice.
• Any candidates between 13-17 years of age should carry with them proof of their parents’ consent before sitting for the GMAT exams.

The exam is set up within four sections:

• Verbal reasoning contains questions related to topics like sentence correction, reading comprehension, and critical reasoning. 36 questions to be solved within 65 minutes.
• Quantitative reasoning consists of problem-solving and data sufficiency. 31 questions to be solved within 62 minutes.
• Integrated reasoning comprises of questions associated with table analysis, two-part analysis, graph interpretation, and multi-source reasoning. 12 question to be solved within 30 minutes.
• Analytical writing assessment includes a question which will test your argument analysis within 30 minutes.

The informal score report for the GMAT exams will be available to the candidate straightaway after the completion of the test. This score report considers the Verbal Reasoning, Quantitative Reasoning, Integrated Reasoning, and total scores. The official GMAT score report will be available online to the candidates generally within 20 days following the test day.