The GMAT
The GMAT exam consists of four sections: an analytical writing assessment, an integrated reasoning section, a quantitative section, and a verbal section. Total testing time is three hours and seven minutes. Test takers have 30 minutes for the analytical writing assessment and another 30 minutes to work through 12 questions, which often have multiple parts, on the integrated reasoning section and are given 62 minutes to work through 31 questions in the quantitative section and another 65 minutes to get through 36 questions in the verbal section.
The quantitative and verbal sections of the GMAT exam are both multiple-choice and are administered in the computer-adaptive format, adjusting to a test taker's level of ability. At the start of the quantitative and verbal sections, test takers are presented with a question of average difficulty. As questions are answered correctly, the computer presents the test taker with increasingly difficult questions and as questions are answered incorrectly the computer presents the test taker with questions of decreasing difficulty. This process continues until test takers complete each section, at which point the computer will have an accurate assessment of their ability level in that subject area and come up with a raw score for each section.
Quantitative section
The quantitative section of the GMAT seeks to measure the ability to reason quantitatively, solve quantitative problems, interpret graphic data, and analyze and use information given in a problem. Questions require knowledge of certain algebra, geometry, and arithmetic. There are two types of quantitative questions: problem solving and data sufficiency. The use of calculators is not allowed on the quantitative section of the GMAT. Test takers must do their math work out by hand using a wet erase pen and laminated graph paper which are given to them at the testing center. Scores range from 0 to 60, although GMAC only reports scores between 6 and 51.[20]
Problem solving questions are designed to test the ability to reason quantitatively and to solve quantitative problems. Data sufficiency is a question type unique to the GMAT designed to measure the ability to understand and analyze a quantitative problem, recognize what information is relevant or irrelevant and determine at what point there is enough information to solve a problem or recognize the fact that there is insufficient information given to solve a particular problem.
Verbal section
The verbal section of the GMAT exam includes the following question types: reading comprehension, critical reasoning, and sentence correction. Each question type gives five answer options from which to select. Verbal scores range from 0 to 60; however, scores below 9 or above 44 are rare.
According to GMAC, the reading comprehension question type tests ability to analyze information and draw a conclusion. Reading comprehension passages can be anywhere from one to several paragraphs long.
SCORING
The total GMAT score ranges from 200 to 800 and measures performance on the quantitative and verbal sections together (performance on the AWA and IR sections do not count toward the total score, those sections are scored separately). Scores are given in increments of 10 (e.g. 540, 550, 560, 570, etc.).
The score distribution conforms to a bell curve with a standard deviation of approximately 120 points, meaning that about 68% of examinees score between 430 and 670.[21] More precisely, over the three-year period 2014–2017 the mean score was 556.04 with a standard deviation of 120.45 points.
The final score is not based solely on the last question the examinee answers (i.e. the level of difficulty of questions reached through the computer adaptive presentation of questions). The algorithm used to build a score is more complicated than that. The examinee can make a mistake and answer incorrectly and the computer will recognize that item as an anomaly. If the examinee misses the first question his score will not necessarily fall in the bottom half of the range.
After previewing his/her unofficial GMAT score, a GMAT test taker has two minutes to decide whether to keep or cancel a GMAT score at the test center. A test taker can also cancel a score online within the 72 hours after the scheduled exam start time. A cancelled score can be reinstated for 4 years and 11 months after the date of the test for a fee of $50.
Scheduling the GMAT
Test takers may register for the GMAT either online at mba.com or by calling one of the test centers.[29] To schedule an exam, an appointment must be made at one of the designated test centers. The GMAT may not be taken more than once within 16 days but no more than five times in a rolling 12-month period and no more than eight times total, even if the scores are canceled. Official GMAT exam study materials are available on the mba.com online store and through third-party vendors. The cost of the exam is $250. All applicants are required to present valid ID when taking the test. Upon completion of the test, test takers have the option of canceling or reporting their scores. As of July 2014, test takers were allowed to view their score before making this decision.
There are test preparation companies that offer GMAT courses. Other available test preparation resources include university text books, GMAT preparation books and online material, sample tests, and free web resources.