The MBA Guide Book

GMAT exam

The Graduate Management Admission Test (GMAT ( (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 program. It requires knowledge of certain specific grammar and knowledge of certain specific algebra, geometry, and arithmetic. 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 but no more than eight times total. Attempts must be at least 16 days apart.GMAT is a registered trademark of the Graduate Management Admission Council. More than 7,000 programs at approximately 2,300+ graduate business schools around the world accept the GMAT 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, Master of Finance programs and others. The GMAT is administered in standardized test centers in 114 countries around the world. 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. According to GMAC, it has continually performed validity studies to statistically verify that the exam predicts success in business school programs.

Article Title : Graduate Management Admission Test
Article Snippet :undergraduate GPA and GMAT scores (i.e., Verbal, Quant, IR, and AWA) jointly had 0.51 correlation with graduate GPA. The GMAT exam consists of four sections:
Article Title : Graduate Record Examinations
Article Snippet :instance, most business schools and economics programs require very high GRE or GMAT scores for entry, while engineering programs are known to allow more score
Article Title : Graduate Management Admission Council
Article Snippet :includes representation from business schools and private industry. The GMAT exam, taken more than 230,000 times per year, is designed as an objective predictor
Article Title : Test preparation
Article Snippet :Test preparation for the SAT and the GMAT is a highly lucrative field. A lot of people have criticism towards exams and testing in the primary and high
Article Title : Graduate Aptitude Test in Engineering
Article Snippet :(FE exam) Principles and Practice of Engineering Examination (PE exam) Graduate Record Examination (GRE) Graduate Management Admission Test (GMAT) Common
Article Title : Manhattan Prep
Article Snippet :York public junior-high school teacher. It focuses on preparation for the GMAT, GRE, and LSAT. In December 2009, Manhattan Prep was acquired by Kaplan,
Article Title : Indian Institutes of Management
Article Snippet :combination of GMAT score, essays, and personal interviews as entry criteria, similar to other globally reputed MBA programmes. The median GMAT score of the
Article Title : Common Admission Test
Article Snippet :2019 - 2,44,169 CAT 2018 - 2,40,338 Graduate Management Admission Test (GMAT) Graduate Record Examination (GRE) Test of English as a Foreign Language
Article Title : Penn State Great Valley School of Graduate Professional Studies
Article Snippet :leadership development, Lean Six Sigma, agile programs, GMAT exam preparation, CISSP exam preparation, PMP exam preparation, and various workshops. Continuing
Article Title : Ready4
Article Snippet :2016). "Exam prep courses personalized to your level and lifestyle". ISRAEL21c. Retrieved 22 November 2016. Tina Irgang. "How failing the GMAT 4 times

The Graduate Record Examination (GRE) is a standardized test that is an admissions requirement for most graduate schools in the United States. Created and administered by Educational Testing Service (ETS) in 1949, the exam aims to measure verbal reasoning, quantitative reasoning, analytical writing, and critical thinking skills that have been acquired over a long period of time and that are not related to any specific field of study. The GRE General Test is offered as a computer-based exam administered at Prometric testing centers.

In the graduate school admissions process, the level of emphasis that is placed upon GRE scores varies widely between schools and between departments within schools. The importance of a GRE score can range from being a mere admission formality to an important selection factor.

The GRE was significantly overhauled in August 2011, resulting in an exam that is not adaptive on a question-by-question basis, but rather by section, so that the performance on the first verbal and math sections determine the difficulty of the second sections presented. Overall, the test retained the sections and many of the question types from its predecessor, but the scoring scale was changed to a 130 to 170 scale (from a 200 to 800 scale).

The cost to take the test is US$195, although ETS will reduce the fee under certain circumstances. They also promote financial aid to those GRE applicants who prove economic hardship. ETS does not release scores that are older than 5 years, although graduate program policies on the acceptance of scores older than 5 years will vary.

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Rotman University of Toronto

The Joseph L. Rotman School of Management commonly known as the Rotman School of Management, the Rotman School or just Rotman, is the University of Toronto's graduate business school, located in Downtown Toronto. The University of Toronto has been offering undergraduate courses in commerce and management since 1901, but the school was formally established in 1950 as the Institute of Business Administration, which was then changed to the Faculty of Management Studies in 1972 and subsequently shortened to the Faculty of Management in 1986. The school was renamed in 1997 after the late Joseph L. Rotman (1935-2015), its principal benefactor.

The school offers undergraduate, graduate and doctoral programs in business administration, finance and commerce, including full-time, part-time and executive MBA programs along with a Master of Finance program, a Master of Management Analytics, a Graduate Diploma in Professional Accounting, and a doctoral program, the Rotman PhD. Additionally, in collaboration with other schools at the university, it offers combined MBA degrees with the Faculty of Law (JD/MBA), the Faculty of Applied Science and Engineering (Skoll BASc/MBA), and the Munk School of Global Affairs (MBA/MGA); and Collaborative Programs in Asia-Pacific Studies and Environmental Studies. Out of 113 faculty members, 98% have doctorates. Roger Martin, who served as the school's dean from 1998 to 2013, is considered by Business Week as one of the most influential management thinkers in the world.

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3D Business School rankings

RankBusiness School3D Score
#1Harvard Business School97.7
#2Wharton Business School96.6
#3Yale School of Management95.8
#4Columbia School of Management94.9
#5Skema Business School94.0
#6Sloan School of Management92.8
#7London Business School92.1
#8Stanford School of Business90.9
#9Kellogg School of Management89.8
#10Haas School of Business88.6

3D MBA programs tuition costs and fees

RankSchoolTotal MBA cost2-years tuition
#4Chicago Booth$165,190$101,800
#5Dartmouth Tuck$162,750$101,400
#6MIT Sloan$160,378$100,706
#7Harvard Business School$158,800$100,706
#9Yale School of Management$151,982$99,800

The MBA Guidebook brings to you the Business Schools Guide and the 3D Business School rankings. This invaluable resource covers all Business matters in the Academic and Education world, with in-depth review of business Schools ranking by international ranking and application procedures, business schools acceptance rates and graduate salaries, business schools tuition costs and fees, admission requirements and highest paying degrees, business schools application procedures and earnings.
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