GMAT Price Increases to $275 Effective February 4th in US / Canada

Honestly, I don't even know whether GMAC is what type of organization. To me, the exam is a gateway to what I want to achieve in life. For example, in India, CAT is conducted by IIMs and that essentially means conducted by Government. Does that mean it is good or bad for students? Who cares. For a serious test taker, s/he just needs smooth exam experience. And by the way CAT prices are subsided based on your caste (lol Yes, Sorry but we are India) because it is essentially run by the government.

Moral of the story. It's fine. That's how most of the things operate anyway. To a serious test taker, it won't matter.



I agree to this part. 10% increase in 10-15 years is not even covering the inflation. For example, I came to know yesterday that Fed tax per gallon of gas in US is 18c$. The problem is that number was introduced in 1993 ( ) so it essentially equates to 11c$ of today.

P.S: I am basically typing random things today so I will just go offline until evening. lol.

Hopefully India continues to maintain the lower price point for quite a while. However the US and Canada prices are going up 10% and it’s likely to be corrected sooner or later in the remaining parts of the world.

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TheNightKing have you read about the above in the Economist? I remember reading about this exact topic this week

https://www.youtube.com/watch?v=ixL3mDejAYU

I learned it in this Video. I am old enough to be able to share a link on the forum lol

Hmm...wonder why you say so bb

well , i seem to have opened a hells gate !! :D

Yes, in india one has to pay in USD . This is the basic problem i have with GMAC. WHen you have examination and admin centres in India, why are you making the candidate pay in USD ? The RBI reserves of US dollars go down, subsequently affecting the entire economy of the nation (the quantum may not be signficant, but still).

Further, if European candidates can pay in GBP , US candidates in USD , then why Indians are made to pay USD ?

American corporations will go to any limit to supress asian developing economies.

Just my opinion :P

Hi all,

To clarify, this week’s announcement reflects changes only in the United States and Canada. Please visit mba.com for additional details or access our FAQ page.

Thanks,

Lol true ,they making GMAT less attractive to GRE

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Adding to your post though this is not going to add anything valuable.
In last 10 years GMAT fee has actually increased more than 50% in INR terms.

May not be an apple to apple comparison but something that blows your mind.

That’s an accurate picture to report the fee in INR since there is an inflation involved as well. All currencies have an inflation component to them and some may be more or less inflated. It would be more accurate to compare it to the actual income and salary levels instead.

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Exactly, since per capita income has increased both in India and China for example.
However, CNY has increased merely ~5% in last 10 years and maximum of ~20%(last six years).

But that's how things work i guess.

Just a gentle remainder for all those candidates in US/Canada region, today is the last day before GMAT Price increases tomorrow (Feb 4th)