# GMAT

GMAT Study Guide - a prep wikibook

The GMAT (Graduate Management Admission Test) examination is a core requirement for applying to many MBA programs. It is a computerized test administered by the GMAC. The test is offered year-round, in the last 3 weeks of every calendar month. The fee to take the test is \$250 (worldwide).

## History

Graduate Management Admission Council (GMAC) was formed in 1953 as an association of business schools. The organization had a goal of developing a test (now known as GMAT) to help business schools in applicant selection. You can read more at their website.

## Structure

The exam is structured in three sections:

• Analytical Writing Assessment (AWA)
• Quantitative
• Verbal

The Quantitative and Verbal sections are scored on a 0 to 60 point scale. These scores are then combined in the overall GMAT score, 200-800, in increments of 10. The scores are approximately normally distributed with mean 570 and standard deviation 60. Each of the scores (AWA, Quant, Verbal, overall GMAT score) are stated with percentiles.

The Analytical Writing is marked separately on a 0 to 6 scale, in increments of 0.5.

### Analytical Writing Assessment (AWA)

The test begins with the Analytical Writing Assessment (AWA). The AWA section requires the candidate to write two short essays (Analysis of an Issue and Analysis of an Argument), each in a timeframe of 30 minutes.

### Quantitative

A 10-minute break is offered before proceeding to the Quantitative section of GMAT.

The Quantitative section of the examination is a series of 37 questions with a time limit of 75 minutes.

The Quantitative section of the examination involves two main types of question. These are:

• Data Sufficiency (DS)
• Problem Solving (PS)

The questions are based on Algebra, Probability, Geometry etc.

### Verbal

The GMAT takers can use a 10-minute break once again before the last part of the exam.

The Verbal section of the examination is a series of 41 questions with a time limit of 75 minutes.

The Verbal section of the examination involves three main types of question. These are:

• Critical Reasoning (CR)
• Sentence Correction (SC)

## Preparation

### Books

Here is the list of some popular GMAT prep books:

### Practice tests (online GMAT Club Tests)

Every year more and more MBA aspirants testify that GMAT Club Tests are very helpful in getting 48+ in Quant section.

Each of 25 Quant sets is equipped with 37 questions.

Now we also have 5 complete Verbal sets consisting of 41 questions each.