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Everything you need to know about the GMAT
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- Practice solving problems in forums
What is GMAT
The Graduate Management Admission Test (GMAT) is a standardized and adaptive test that measures the candidate’s mathematical and verbal ability to succeed academically in graduate business studies (MBA).
Business schools often use this test as one of the most important selection criteria for admission to their graduate programs in business administration (for example, MBA, Executive MBA, PhD, etc.). At first it was used only by American schools, but in recent years its use has spread in schools around the world.
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The exam is entirely in English and is done on a computer in specialized centers spread all over the world. The price for doing the test is $250 worldwide, and lasts around 4 hours.
The GMAT Test dates
Structure of the GMAT
Time: 30 minutes
Integrated Reasoning(Section 2)
- Multi-Source Reasoning
- Graphics Interpretation
- Two-Part Analysis
- Table Analysis.
Time: 30 minutes
BREAK 8 minutes
- Problem Solving (PS)
- Data Sufficiency (DS)
Time: 75 minutes
BREAK 8 minutes
- Reading Comprehension (RC)
- Critical Reasoning (CR)
- Sentence Correction (SC)
Time: 75 minutes
The score ranges from 200 to 800 points, which cover the Quantitative and Verbal sections . The AWA part and the Integrated Reasoning are evaluated separately.
In general, the average points of all those who take the exam is around 550, but the average of those admitted to most top 10 American schools is usually more than 700. However, no school requires a minimum grade and there is admission into the best schools with lower grades even to 600, although this type of candidate usually has some other very prominent aspect in another part of his candidacy.
It is important to bear in mind that this exam is done by all applicants for access to MBA schools, and each one has different studies and previous experiences (for example, the GMAT does military, engineers, lawyers, philologists, doctors, etc.). .
The mathematics that is asked in the exam is of the high school diploma level. The problem lies in the great difficulty of the problems that have to be solved well to reach high scores.
A special feature of this test is that it is adaptive and that no two exams are the same. This means that when you answer a question, an internal algorithm decides what question will come out later, based on your previous answers and if you have guessed or failed them.
For example, if you answer five questions in a row correctly, each time you will receive more difficult questions until you fail. In this way, the algorithm based on your previous answers and if you have guessed right or failed. For example, if you answer five questions in a row correctly, each time you will receive more difficult questions until you fail.
In this way, the algorithm based on your previous answers and if you have guessed right or failed. For example, if you answer five questions in a row correctly, each time you will receive more difficult questions until you fail. In this way, the algorithm adapt to your level and assign a note throughout the exam.
The AWA ( Analytical Writing Assessment) section, consists of an essay. The student must analyze an argument in an essay that must be written within 30 minutes and scored on a scale of 0-6.
The essay is read by a human reader and a computer program (e-Rater). Each of them scores the essay with a grade of 0-6, in increments of 0.5 points. If the two results do not differ by more than one point of difference, then the average of the scores that will be the final score of the trial is made.
If the notes differ by more than one point a third person will evaluate it again. The e-Rater analyzes the creative writing and syntax of more than 50 linguistic and structural characteristics.
Readers of the second and third (if necessary) review are human beings, who evaluate the quality of the student’s ideas and their ability to organize, develop and express ideas with examples.
Minor errors are not taken into account, although they will be if there are too many. In conclusion, using a predefined structure ensures a good AWA score in all likelihood, since the e-Rater will rate the essay as well structured.
This section consists of 12 questions of multiple choice type, which must be answered in 30 minutes. It is scored separately on a scale of 1 to 8. There are several types of questions: Multi-Source Reasoning, Graphics Interpretation, Two-Part Analysis , and Table Analyzes .
Candidates are provided with a small collection of data to be able to answer the questions. The data is presented in several forms, including text, graphics and tables.
The objective is to extract ideas to be able to answer the multiple questions that are asked about the “mini case”. The questions vary according to the type, but all of them measure the analytical capacity of the candidate.
The quantitative section consists of 37 multiple choice questions, which must be answered in 75 minutes. There are two types of questions: problem solving (Problem Solving or PS) and data sufficiency (Data Sufficiency or DS).
The quantitative section is evaluated with a score between 0 to approximately 51 (it is not fixed). The quantitative section covers a wide range of mathematical concepts.
The verbal section consists of 41 questions of multiple choice type, which must be answered in 75 minutes. There are three types of questions: sentence correction (Sentence Correction or SC), critical reasoning (Critical Reasoning or CR) and reading comprehension (Reading Comprehension or RC).
How is the GMAT scored?
The final grade of the GMAT is obtained from the grades obtained in the quantitative and verbal sections, since AWA and Integrated Reasoning are scored separately. The score can be from 200 to 800. The distribution of scores follows a Gaussian bell, where two thirds of the students obtain a grade between 400 and 600.
The average grade in 2016 was 533. The average of the quantitative section was around 35 points, while the verbal was 27. However, the average of people admitted to the best MBA schools in the world is much higher. Example of average or medium GMAT of some schools in recent years:
- Harvard: 730
- Stanford: 730
- Chicago Booth: 721
- Wharton: 720
- Kellogg: 720
- London Business School: 701
- IESE: 672
- IE: 685
- ESADE: 630
- INSEAD: 704
What does it mean that the GMAT is CAT or adaptive?
The quantitative and verbal sections are adaptive, in the sense that an internal algorithm chooses the following question depending on whether the previous one has been successful answered or not.
The first question of each section has a degree of difficulty corresponding to a grade of 500 points. If the student succeeds, the next question will be more difficult, if he fails, then the next question will be simpler.
The program has a large database with many questions, which are renewed regularly to ensure that they can not be memorized or learned from previous exams.
All questions must be answered one by one until all are finished or until the time runs out. If the time ends and all the questions have not been answered, the score will be very penalized.
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