GMAT

GMAT

The Graduate Management Admission Test (GMAT (/ˈdʒiːmæt/ (jee-mat))) is a computer adaptive test (CAT) intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA.[3] It requires knowledge of certain grammar and knowledge of certain algebra, geometry, and arithmetic. The GMAT does not measure business knowledge or skill, nor does it measure intelligence.[4] According to the test owning company, the Graduate Management Admission Council (GMAC), the GMAT assesses analytical writing and problem-solving abilities, while also addressing data sufficiency, logic, and critical reasoning skills that it believes to be vital to real-world business and management success. It can be taken up to five times a year. Each attempt must be at least 16 days apart.

GMAT is a registered trademark of the Graduate Management Admission Council. More than 5,900 programs offered by more than 2,100 universities and institutions use the GMAT exam as part of the selection criteria for their programs. Business schools use the test as a criterion for admission into a wide range of graduate management programs, including MBA, Master of Accountancy, and Master of Finance programs. The GMAT exam is administered in standardized test centers in 112 countries around the world.[5] According to a survey conducted by Kaplan Test Prep, the GMAT is still the number one choice for MBA aspirants despite the increasing acceptability of GRE scores.[7]According to GMAC, it has continually performed validity studies to statistically verify that the exam predicts success in business school programs.[8]

Contents

  • History
  • Predictive validity
  • Format and timing
    • Analytical Writing Assessment (AWA)
    • Integrated reasoning
    • Quantitative section
    • Verbal section
    • Scoring
  • Preparation
  • See also
  • References
  • External links

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GMAT

History

In 1953, the organization now called the Graduate Management Admission Council (GMAC) began as an association of nine business schools, whose goal was to develop a standardized test to help business schools select qualified applicants. In the first year it was offered, the assessment (now known as the Graduate Management Admission Test), was taken just over 2,000 times; in recent years, it has been taken more than 230,000 times annually.[9] Initially used in admissions by 54 schools, the test is now used by more than 2,100 schools and 5,900 programs worldwide.[9] On June 5, 2012, GMAC introduced an integrated reasoning section to the exam that aims to measure a test taker’s ability to evaluate information presented in multiple formats from multiple sources.[10]

Predictive validity

The intended purpose of the GMAT is to predict student success in graduate business programs. According to GMAC, there is a .459 correlation (21% variance) between total GMAT scores and mid-program student grades based on data it collected between 1997 and 2004.[11] Independent research has shown significantly different results. Independent research has shown that the GMAT can explain only 4.4% of the variance in final MBA GPA while undergraduate GPA can explain 17.4% of the variance in final MBA GPA.[12] Additionally, more recent independent research has shown that the GMAT does not add predictive validity after undergraduate GPA and work experience have been considered and that even undergraduate GPA alone can be used in lieu of the GMAT.[13]

Analytical Writing Assessment (AWA)

The AWA consists of one 30-minute writing task—analysis of an argument. It is important to be able to analyze the reasoning behind a given argument and write a critique of that argument. The essay will be given two independent ratings and these ratings are averaged together to determine the test taker’s AWA score. One rating is given by a computerized reading evaluation and another is given by a person at GMAC who will read and score the essay themselves without knowledge of what the computerized score was. The automated essay-scoring engine is an electronic system that evaluates more than 50 structural and linguistic features, including organization of ideas, syntactic variety, and topical analysis. If the two ratings differ by more than one point, another evaluation by an expert reader is required to resolve the discrepancy and determine the final score.[15]

The analytical writing assessment is graded on a scale of 1 (minimum) to 6 (maximum) in half-point intervals (a score of zero means the answer was gibberish or obviously not written on the assigned topic or the test taker failed to write anything at all on the AWA).

Essay score Description
1 An essay that is deficient.
2 An essay that is flawed.
3 An essay that is limited.
4 An essay that is adequate.
5 An essay that is strong.
6 An essay that is outstanding.

Integrated reasoning

Integrated Reasoning (IR) is a section introduced in June 2012 and is designed to measure a test taker’s ability to evaluate data presented in multiple formats from multiple sources. The skills being tested by the integrated reasoning section were identified in a survey of 740 management faculty worldwide as important for today’s incoming students.The integrated reasoning section consists of 12 questions (which often consist of multiple parts themselves) in four different formats: graphics interpretation, two-part analysis, table analysis, and multi-source reasoning. Integrated reasoning scores range from 1 to 8. Like the Analytical Writing Assessment (AWA), this section is scored separately from the quantitative and verbal section. Performance on the IR and AWA sections do not contribute to the total GMAT score.

The integrated reasoning section includes four question types: table analysis, graphics interpretation, multi-source reasoning, and two-part analysis. In the table analysis section, test takers are presented with a sortable table of information, similar to a spreadsheet, which has to be analyzed. Each question will have several statements with opposite-answer options (e.g., true/false, yes/no), and test takers click on the correct option. Graphics interpretation questions ask test takers to interpret a graph or graphical image. Each question has fill-in-the-blank statements with pull-down menus; test takers must choose the options that make the statements accurate. Multi-source reasoning questions are accompanied by two to three sources of information presented on tabbed pages. Test takers click on the tabs and examine all the relevant information, which may be a combination of text, charts, and tables to answer either traditional multiple-choice or opposite-answer (e.g., yes/no, true/false) questions. Two-part analysis questions involve two components for a solution. Possible answers are given in a table format with a column for each component and rows with possible options. Test takers have to choose one response per column.

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

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. According to GMAC, the critical reasoning question type assesses reasoning skills According to GMAC, the sentence correction question type tests grammar and effective communication skills. From the available answer options, the test taker should select the most effective construction that best expresses the intent of the sentence.

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.). From the most recent data released by GMAC, the average GMAT score of all test takers is about 540.

The score distribution conforms to a bell curve with a standard deviation of approximately 100 points, meaning that 68% of examinees score between 440 and 640. More precisely, the mean score is 545.6 with a standard deviation of 121.07 pointsThe 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 the GMAT score. A cancelled score can be retrieved within 60 days for a fee of $100. After 60 days a cancelled score is not retrievable.

Preparation.

Test takers may register for the GMAT either online at mba.com or by calling one of the test centers.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 31 days, 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. Many test preparation companies have gone on record stating noteworthy GMAT results, including average or guaranteed score increases over 90 points Other available test preparation resources include university text books, GMAT preparation books, sample tests, and free web resources.

See also

  • Business school
  • Master of Accountancy
  • Master of Business Administration
  • List of admissions tests

References

  • Jump up^“GMAT Exam Format and Timing”. The Official GMAT Web Site.
  • ^ Jump up to:“GMAC® Statistics”. gmac.com.
  • “The GMAT Advantage”.
  • Martz, Geoff; Robinson, Adam (2009). The Princeton Review: Cracking the GMAT, 2010 Edition. New York: Random House. pp. 11–12. ISBN 978-0-375-42925-5.
  • ^ Jump up to:“Learn About the GMAT Exam”. Graduate Management Admission Council(GMAC).
  • Jump up^“GMAT Exam Policies”. MBA.com. GMAC. Retrieved March 8, 2016.
  • Jump up^Alison Damast (April 26, 2012). “Study: Few MBA Applicants Consider Taking the GRE”. Businessweek. Retrieved July 12, 2014.
  • Jump up^“Validity, Reliability and Fairness”. Graduate Management Admission Council(GMAC).
  • ^ Jump up to:ab “GMAC Statistics Video”. Graduate Management Admission Council.
  • Jump up^“GMAT Prep: Online and On Campus – About the GMAT”. UMN.edu. Regents of the University of Minnesota. Retrieved March 23, 2016.
  • Jump up^“GMAT Validity Study Summary Report for 1997 to 2004”. Graduate Management Admission Council (GMAC).
  • Jump up^Bedsole, Charles B. (December 2013). “Apples to Apples? Comparing the Predictive Validity of the GMAT and GRE for Business Schools and Building a Better Admissions Formula” (PDF). University of Georgia.
  • Jump up^Pratt, William R. (2015). “Predicting MBA Student Success and Streamlining the Admissions Process”. Journal of Education for Business.
  • Jump up^“GMAT Adds New Thinking Cap”. New York Times.
  • Jump up^“How to use the Analytical Writing Assessment Score”. Graduate Management Admission Council (GMAC).
  • ^ Jump up to:“The GMAT gets put to the Test”. Business Week.
  • Jump up^Lawrence, Rudner. “Demystifying the GMAT: Scale Scores” (PDF). GMAC. Retrieved 25 June 2012.
  • ^ Jump up to:“Understanding Your Score Report”.
  • Jump up^“Sample Reading Comprehension Question”. MBA.com. Graduate Management Admission Council. Retrieved March 23, 2016.
  • Jump up^“Sample Critical Reasoning Question”. MBA.com. Graduate Management Admission Council. Retrieved March 23, 2016.
  • Jump up^“Idioms, Sentence Correction, and the GMAT Exam”. The Official GMAT Blog.
  • Jump up^“Sample Sentence Correction Question”. The Official GMAT Web Site.
  • Jump up^“What Your Percentile Ranking Means”.
  • Jump up^Talento-Miller, Eileen. “The CAT in the GMAT”. MBA.com. Graduate Management Admission Council. Retrieved November 26, 2014.
  • Jump up^GMAT Handbook, gmattutor.london
  • Jump up^“We couldn’t find the page about the GMAT that you’re looking for.”. The Official GMAT Web Site.
  • Jump up^“Scheduling Information”. Graduate Management Admission Council(GMAC).
  • Jump up^“Presenting proper Identification”.
  • Jump up^“Preview Your GMAT Score”. Graduate Management Admission Council. Retrieved January 15, 2015.
  • Jump up^GMAT courses
  • Jump up^“GMAT”. Optimus Prep. Retrieved May 30, 2014.
  • Jump up^“Testmasters Score Increase Guarantees”. Testmasters. Retrieved May 30, 2014.
  • Jump up^“Shawn Berry’s GMAT Preparation”. Shawn Berry. Retrieved May 30, 2014.
  • Jump up^“Prepare Candidates for the GMAT® Exam & the Classroom”. Graduate Management Admission Council. Retrieved November 26, 2014.
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