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What is the Use of the GMAT Exam in 2020?

what is the use of gmat exam

Anyone who is serious about getting into a business school should be thinking of writing a GMAT exam. But even if that is not the case, and you want to go for a change in career, or you want to advance in your study, GMAT is the right exam to take.

Some may ask, Why GMAT? Why not GRE or LSAT exam? What is the difference between the GMAT exam and the GRE or LSAT? What is the use of the GMAT exam? In this article, you will see the reason why you should go for the GMAT exam instead of GRE and the use of the GMAT exam in advancing your career.

Why Take the GMAT Exam?

If you are planning on applying to business school, taking the GMAT exam is one of the very important parts of your application process. This is because GMTA scores are seen by business schools as the most important standardized test score for any MBA applicants.

Apart from helping you get into business school, GMAT scores can also help you get scholarships for any business school. Also, the GMAT scores stand out for the applicant in their competitive internships.

Then if you’re not planning on going to business school, there won’t be a need to take the GMAT exam. And if you’re planning to go to graduate school for any course besides business, you probably won’t want to take the GMAT.

GRE will be a better option for you in this case.

If GRE is the Best Option for You, Check Out How to Improve GRE Score by 50% | Sure Tips

The GMAT Exam vs. the GRE Test – Why the GMAT Exam is Better

There have always been this controversy between GMAT exam and GRE exam, which is better. But the truth is that, both GMAT and GRE are useful in their own way.

However, the major significant difference between GMAT and GRE is that GMAT is used to apply to only business schools while GRE is used as part of admissions for a wide variety of graduate school programs.

Here is a full illustrated table describing the difference between the GMAT exam and the GRE test. Each of the differences is in categories, this is in a bid to help know when to use any of the scores.

GMAT vs GRE: Differences in the Test

GMAT ExamGRE Test
This exam is for business schools to specifically assess the skills that are meant to help applicants succeed in their graduate business or management program.It is a general admissions test for candidates who are applying to different variety of graduate programs.
Approximately 200,000 business school applicants take the GMAT exam every year since it is necessary for applications to a graduate business program.Approximately 6% take the GRE test every year for a graduate business program application.
GMAT vs GRE: Differences in the Test

Differences in the Exam Sections

GMAT ExamGRE Test
GMAT exams mostly have four (4) sections, including:

1. 30-minute Analytical Writing Assessment (AWA) section
2. 30-minute Integrated Reasoning (IR) section
3. 62-minute Quantitative Reasoning section
4. 65-minute Verbal Reasoning section
GRE test has seven (7) sections:

1. Two 30-minute Analytical Writing sections
2. Two 30-minute Verbal sections
3. Two 30-minute Quantitative sections
4. One unscored “experimental” section (Verbal or Quantitative)
Total time for the exam: 3 hours and 7 minutes.Total time for the test: 3 hours and 45 minutes.
The IR section is there to measure an applicant’s ability to evaluate information presented in multiple formats from multiple scores.No IR section or comparable section
GMAT Exam vs GRE Test: Differences in the Exam Sections

Differences in the Score Range

GMAT ExamGRE Test
GMAT exam has individual scores + total scores

1. Overall scores range from 200- 800 points in 10-point increments
2. Quant section scores range from 6-51, in 1-point increments
3. Verbal section scores range from 6-51, in 1-point increments
4. Analytical Writing Assessment scores range from 0-6, in half point increments
5. Integrated Reasoning scores range from 1-8, in 1-point increments
GRE test has just individual scores only

1. Verbal and Quantitative scores range from 130-170 in one-point increments
2. Writing score ranges from 0-6 in half-point increments
 
The GMAT Total Score is an industry-standard, used in rankings and even by GRE to offer a comparative score.GRE does not have a total score, which requires schools to convert the section scores to an equivalent GMAT total score.
A comprehensive total score allows schools to look at a singular number as a measure of your ability, while still retaining the flexibility to consider individual section scores.

What are the Main GMAT Uses?

One of the main reasons people take the GMAT exam is to get into the business school. This is because the GMAT exam helps you stand out.

According to the Graduate Management Admission Council, over 6,000 graduate business and management programs in about 1,700 universities and organizations around the world accept GMAT scores from applicants.

For many years now, GMAT scores have been the only standardized test scores that business schools use for admissions. Though some business schools now accept GRE scores from prospective applicants, yet the GMAT exams remains the primary standardized test that most business schools accept from applicants.

One way business schools will know that you are serious about earning a graduate business degree is if you take a GMAT exam. They will also know your ability to succeed in your chosen field since it’s a proven predictor.

Hence, if it is important for you to go to business school, taking a GMAT exam and getting a good score is very important in your application.

This is a full detail of what GMAT exam is used for in business schools:

  • Business schools trust the GMAT exam, hence they use GMAT scores for their admission decisions.
  • The GMAT exam is used to ascertain if applicants demonstrate commitment, motivation, and ability to succeed in business school.
  • Critical reasoning and reasoning skills are the two main relevant skills to the world’s top graduate business schools. Hence, they use GMAT to measure applicants’ critical thinking and reasoning skills.
  • Most importantly, the GMAT exam links you to the best program through personal recommendation.
  • Also, the GMAT exam increases your earning potential and opens a world of opportunities.

Why Business Schools Use the GMAT for Admissions

As earlier mentioned, business schools use GMAT scores during their admission process. There are reasons why admissions committees look at GMAT scores rather than putting the undergraduate’s grades into consideration.

Firstly, the GMAT exam is specifically designed to test the applicant’s skills that should help them succeed in their MBA program. This means that the questions are designed to see how well applicants will solve the type of problems they will encounter during their MBA program once they have enrolled.

Hence, your GMAT score gives admissions committees an idea of whether or not the aplicants will be able to handle the rigorous course load at their business schools.

Just as you know, the GMAT exam is a standardized test. This means that the content and style of GMAT questions is the same for applicants across the world. Using the GMAT scores helps schools to see how applicants measure up against each other in a standardized way.

Finally, virtually all business schools have an interest in applicants’ GMAT scores because they contribute to the school’s national rankings. So the higher the average GMAT score of the admitted applicants, the higher the school’s rankings. This is because the higher the school’s rankings, the more and better applicants they attract.

Uses of GMAT FAQs

Why Take the GMAT Exam?

If you are planning on applying to business school, taking the GMAT exam is one of the very important parts of your application process. This is because GMTA scores are seen by business schools as the most important standardized test score for any MBA applicants.

Why the GMAT Exam is Better

There have always been this controversy between GMAT exam and GRE exam, which is better. But the truth is that, both GMAT and GRE are useful in their own way. However, the major significant difference between GMAT and GRE is that GMAT is used to apply to only business schools while GRE is used as part of admissions for a wide variety of graduate school programs.

What are the Main GMAT Uses?

One of the main reasons people take the GMAT exam is to get into the business school. This is because the GMAT exam helps you stand out.

Why Business Schools Use the GMAT for Admissions

Firstly, the GMAT exam is specifically designed to test the applicant’s skills that should help them succeed in their MBA program. This means that the questions are designed to see how well applicants will solve the type of problems they will encounter during their MBA program once they have enrolled.

Conclusion

The need for the GMAT exam can never be overemphasized. It is the most important rating business schools use before admitting applicants. So if you want to know other uses of the GMAT exam, this article will give you a full detail of them.

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