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 |  | Exam: $250 |  | Test Preparation: $5-$210 |  | Private Tutoring: $570-$5,400 |
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The Graduate Management Admissions Test (GMAT) is required at many institutions for advanced study in business and management, including the MBA. Created under the direction of the non-profit Graduate Management Admission Council[1] , the standardized exam measures verbal, mathematical and analytical writing skills with a top possible score of 800.
Typical costs: |
- The test[2] costs $250.
- Official test preparation guides[3] , available in formats including hard-copy books and mobile apps, cost about $5-$210, depending on the products and sample tests offered.
- A variety of GMAT practice books and software programs are available for about $15-$63 through independent companies including The Princeton Review[4] , Kaplan[5] and 800score.com[6] .
Related articles: MBA, GRE, College
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What should be included: |
- Free test preparation materials[7] are included through an online registration.
- Scores will be sent to up to five schools listed on the application.
Additional costs: |
- Private tutoring options are available from several independent companies including The Princeton Review[8] and Kaplan[9] for about $570-$5,400, depending on the amount of hours and skill level of instructor chosen. Each company maintains a list of tutors by zip code.
- Classroom courses, offered by companies including Kaplan[10] , cost about $475-$1,550 depending on location and online or in-class options.
- Additional score reports[11] are $28 each. Rescheduling an exam costs $50.
Discounts: |
- Fee waivers[12] are offered through the GMAC directly to schools. Each university independently chooses which students will receive the financial aid. To determine eligibility contact the individual school.
Shopping for the gmat: |
- Register[13] for a GMAT test date online.
- The GMAC maintains an online list of schools[14] that accept the GMAT.
- Mba.com offers a search tool[15] to find the closest test center.
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External Resources: |
- www.gmac.com/
- www.mba.com/the-gmat/schedule-a-gmat-appointment/pay-for-the-test.aspx
- www.mba.com/store/store-catalog.aspx?tabs=CAT2680001&
- www.princetonreview.com/business/gmat-test-preparation.aspx
- kaplanpublishing.com
- www.800score.com/download.html
- www.mba.com/the-gmat/schedule-a-gmat-appointment/pay-for-the-test.aspx
- www.princetonreview.com/ChooseProducts.aspx?&testtype=TDA&producttype=TUT
- www.kaptest.com/GMAT/GMAT-Prep/One-On-One/gmat-private-tutoring.html
- www.kaptest.com/GMAT/Home/index.html
- www.mba.com/the-gmat/schedule-a-gmat-appointment/pay-for-the-test.aspx
- www.gmac.com//thegmat/gmatfeewaiverprogram/
- /www.mba.com/service/reg-profile.aspx
- www.gmac.com//thegmat/programsthatacceptthegmat.htm
- /www.mba.com/service/testing/testing.aspx?Action=APPOINTMENTSEARCH
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