How much is the GMAT exam fee in 2023?

How much is the GMAT exam fee in 2023?

Graduate Management Admission Test (GMAT) exam held by the (GMAC) Graduate Management Admission Council for MBA admissions in many countries worldwide. The GMAT 2023 is a computer-based exam, and the questions asked are MCQ based. Candidates can check all the facts about GMAT registration, GMAT exam dates, syllabus, and GMAT fees from the GMAT official website - www.mba.com/exams. Students who want to do MBA should give GMAT exam, so their scores will come; it will be helpful in their selection process. GMAT scores are the base of MBA admissions in all the participating 

 worldwide and many top colleges in India. The GMAT exam tests students' most important skills for a management program.

GMAT 2023 Latest update - GMAC has announced the GMAT registration dates for the focus edition exam. 

GMAT Focus Edition 2023

The overview of the GMAT focus edition is as follows -

GMAT Focus Edition 2023

  • In the GMAT focus edition, GMAC has reduced the GMAT exam 2023 timings by one hour. 
  • According to the GMAT focus version paper pattern, there may be 45-minute parts and no essay. 
  • The GMAT examination will now have a question evaluate and edit feature, and college students can pick the order of the GMAT exam.
  • The GMAT examination introduced some adjustments to the syllabus. GMAT Focus Edition syllabus will now have a new section called Data Insights (DI), while sentence correction may be removed. 

GMAT Focus edition dates

GMAC has yet to announce any official GMAT exam dates; while. GMAT Focus has released a timeline, which is as follows - 

  • GMAT Focus Edtion official prep will be available in Q2 2023 (June 2023). 
  • GMAT 2023 Focus Edition Registrations will start on the GMAT official website in Q3 2023 (July 2023 onwards). 
  • GMAT focus edition testing will commence in Q4 2023 (October 2023 onwards).

What is the GMAT exam 2023?

Many B-Schools abroad use the GMAT scores for their MBA admissions. Also, there are many GMAT-accepting colleges in India. The GMAT exam is conducted throughout the year and on-demand in specific test centers worldwide. GMAT exam 2023 offered online. The GMAT exam fees vary from country to country. Candidates applying for the GMAT 2023 exam should check the fee applicable in their country.

The GMAT syllabus is designed to test the high-order reasoning capacities of every applicant. The GMAT exam comprises 4 parts and requires the applicants' basic English and math skills. The GMAT 2023 exam will evaluate your ability to think critically, infer information, analyze, and solve problems. The GMAT syllabus includes topics that involve complex judgments, involve Integrated Reasoning and critical thinking, and analytical skills. GMAT exam 2023 will have four timed parts. Each separately times with two optional eight-minute breaks.

GMAT exam preparation 

For GMAT exam preparation, students must check the GMAT syllabus and GMAT paper pattern. The GMAT preparation time depends on the student's ability to learn and practice. About 6 months is enough to score well in GMAT preparations. Mock Tests are available for candidates for practice purposes. Since the GMAT exam 2023 is time-bound, students must attempt as many GMAT practice tests as they can within the specified time. 

GMAT exam 2023 will have a total of 80 marked questions. Questions asked in GMAT 2023 will be both objective and subjective. GMAT marks are valid for five years from the examination date and are available for reporting for up to 10 years.

 GMAT Fees 2023

GMAT application fees

GMAT Fees

Amount to be paid

GMAT exam fee

US$275

Enhanced Score Report

US$30

Additional Score Report

US$35 each

Cancel score (online after you leave the test center)

US$25

Reinstate score

US$50

AWA Essay Rescoring

US$45