Following are some common questions we have received from users regarding GMAT exam. We have tried to provide the latest available information to these questions. However if you find we have missed anything, please do let us know. We will keep updating these further. Last Updated: October 8, 2007

Q. How to study for the GMAT? We have prepared this gmat study plan to get your started on your GMAT Voyage. Please note that this is just a road map and actual implementation would differ from person to person. If you have more questions, you are welcome to ask them in our gmat forums. 

Q. When can I take the test? GMAT(R) exam is administered during the whole year. You can schedule your exam by going to the following website and following instructions: http://www.mba.com/mba/TaketheGMAT

Q. I am not satisfied by my test score, can I retake? Yes you can retake. Actually you can take GMAT as many times as you like, but there is a limit of 5 attempts per year. And yeah if you get a perfect score (800), you cannot retake the exam for next 5 years

Q. I am not yet prepared to take the test yet, Can I reschedule? Yes, you can reschedule the test. If you reschedule the test more than 7 days before your current test date, you will be charged $50 as the rescheduling fee, if you reschedule within 7 days of your current date, you will be charged full fee. We suggest that if you are within 7 days of your GMAT test, go ahead and take it because you would end up paying the full fees anyways for another attempt. http://www.mba.com/mba/TaketheGMAT/RegisterfortheGMAT/GMATAppointments/RescheduleaGMATAppointment.htm

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We often talk about the importance of scoring 700+ and admissions to Top B-schools. However the scores less than 700 doesnt mean an automatic disappointment- You can still get admission to a decent school and also end up getting scholarship [Getting a scholarship in Top B-schools is almost an uncertainity], provided you work on your essays.  

Here is the blog of ScoreChase member taapu (Tapu's blog) who got 590 in gmat. He has secured admission in Brandies University, Massachusetts. Apart from this, he also received 50% tuition scholarship and great financing options. Please read his story here: Admission success with 590 score and congratulate him on his success.

For free help with GMAT Preparation, please register to Scorechase.com GMAT Prep forums.  

We have introduced a new feature for our users where they can create online notes and write blogs. When everyone has the power to express, that is when the community is complete. We hope that you make use of this feature to your benefit. 

Why Online notes?

- Categorized and Manageable: All notes are categorized, along with the search facility, they are virtually at your finger tips. Imagine how neat it would be to have all the verbal notes within one click on the last day!

- Easily Searchable: The online notes are tagged and hence easily searchable. No more flipping through hundreds of pages to find a note about a concept. Just punch in some words and Voila! the notes are searched and cataloged for you. (more…)

Over the past decade or so the average gmat scores for admissions in Top B-schools (worldwide) have soared close to 700. Our research in the post [Top B-schools - average gmat scores] shows that for class of 2007, the average gmat scores for top B-schools ranged from 680-710. The increase in average gmat admission scores is a result of the increasing number of MBA applications and also the increasing popularity of MBA. In our previous post we had informed our readers that a recent survey has revealed that increasing financial benifits, networking possibilities, globalalization, excellent salary packages, and MBA skill sets make MBA one of the hottest degrees worldwide both for the job seekers and [providers].

However the average range of 690-710 on GMAT for the top B-schools may be a bit misleading because all schools intake some number of students based on diversity, sex ratio and extraordinary accomplishments, irrespective of their gmat scores. This may drag the average gmat score of the admitted students on to the lower side. This indicates that the GMAT scores for regular candidates must be slightly on the higher side to secure an interview call. So if you are not in one of the above categories, you need to score even more to be considered for admissions. As per this analysis, a score of 720-730 on GMAT probably gives you a better chance at managing some attention from B-school's adcom.