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Graduate Management Admission Test (GMAT) help you
get into MBA (Masters in Business Administration)

You might sometimes see the GMAT referred to as the GMAT CAT. The acronym CAT stands for Computer Adaptive Test. Actually, only two of the exam's four sections (Quantitative and Verbal) are computer-adaptive, meaning that during those sections only the test adapts to your ability level as you go.

The GMAT is administered only by computer now, except that in certain remote locations outside North America a paper-based version of the exam is available instead. (Since you're reading this on the Web, in all likelihood the computer-based GMAT is available where you are.)

To gain admission to an MBA program, chances are you'll need to take the GMAT. About two-thirds of the 1,900+ graduate business schools around the world require GMAT scores for admission, although an increasing number of schools accept GRE General Test scores as an alternative to GMAT scores. Schools that do not require GMAT scores nevertheless welcome GMAT scores to help access an applicant's qualifications.

The GMAT is scored from 200 to 800. About half of students score between 400 and 600 on the exam. According to GMAC, the folks who create the GMAT, the GMAT score percentiles reveal the link between GMAT score and percentile of everyone who takes the GMAT. To start, here are some of the correlations between GMAT score and percentile.

Your GMAT score is probably the most important factor in determining whether you will be admitted to a top-tier business school.

At virtually all of the top programs, the ballpark starts in the mid 600s. That doesn't mean there is a strict cut-off; there isn't. But if you look closely at top schools' numbers, you'll see that below about 640 your chances of being admitted fall pretty dramatically.

To determine whether you're a viable candidate at a specific school, find the program's "middle 80 percent" GMAT range. Virtually all schools now report this data. If you're within a school's 80 percent range, you have a reasonable chance of being admitted. And you may be viable even if you're below the range. You should never let your GMAT score be the sole factor that determines where you apply. Simple math dictates that 10 percent of students attending MBA programs scored below the schools' reported 80 percent range (and 10 percent scored above it).

The most common mistake that MBA applicants make is using a school's median GMAT score as a viability gauge. If, for instance, a program's median score is 690, applicants believe they have to hit that number in order to be admitted. It should be obvious that half of the current class fell below 690, but that doesn't seem to register and many applicants self-select out. I've talked many applicants into applying to MBA programs they are now attending (or have already finished) because they were initially discouraged when their GMAT scores fell slightly below their target schools' medians.

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