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gmat exam fee

The decision to take a GMAT or the CAT is a very important one has it can not only open a lot of doors of opportunity but also save a lot of time and money. The CAT exam was initially introduced as an entrance exam for the IIM institutions but over the years this popularity has also faded with a lot of colleges/universities now preferring the GMAT scores over the CAT.

While CAT is mostly accepted by IIMs, GMAT is accepted by 90 B Schools in India.

GMAT is accepted by top MBA programs that don’t require an applicant to have work experience: IMT Ghaziabad, Narsi Munji, IIM Kozikote, ISB, Great Lakes

GMAT is also the premier option for top MBA programs such as ISB, IIM PGPX, MDI, XLRI and many more that require students to have work experience

The no. of B-schools accepting GMAT scores is higher than any other test being accepted in India. This means that any of the students applying to colleges through GMAT across the nation has more no. of Leading B-schools to chose from than someone taking any other competitive MBA aptitude test.

Indian B-Schools prefer GMAT over CAT because:-

It tests the complete mental ability of the students and not just their theoretical power. It focuses only on the book knowledge and not the practical one. It tests only a limited mental ability.
The GMAT has an Analytical Writing Ability (AWA). Writing skills are not tested in the CAT.
In the GMAT, about 30% of questions in the Verbal Ability section are of Critical Reasoning. Critical Reasoning (CR)has not been a significant area in the CAT in recent years
In GMAT, the emphasis is not only on the functional aspects of grammar rules, but also on contextual meaning and usage. There are specific error types that are looked at in the GMAT and familiarity with those types will be very handy. Critical Reasoning (CR)has not been a significant area in the CAT in recent years

The reasons of a student in India opting to take GMAT over CAT exam:-

This test also comprises of a written section that test the writing skills and also helps in depicting the student’s flow of thoughts and his ability to effectively express himself. The CAT exam has no such writing section and it tests only the objective and grammatical knowledge of the person.
Accepted not only by IIMs but also top colleges like ISB, Indian Institute of Foreign Trade (IIFT), XLRI, Birla Institute of Management Studies (BIMS), Faculty of Management studies (FMS), Great Lakes Institute of Management and many more. Accepted by only IIMs and a handful of other colleges.
Have a choice to apply to the top schools in India (including the top 1%) and the best colleges from around the world Valid and limited only to India and is applicable to only few other colleges except IIMs.
More than 60% GMAT Takers get into the leading B-schools. Only 2% CAT takers get into IIMs
The Score is valid for5 yrs. The score is valid only for a year.
The test happens all year around (i.e.- The GMAT test takes place every month and a person can take this exam more than once in a year if he has not attained his targeted score. However, The GMAT exam can only be taken 5 times in a year by an individual). It comes only once a year (so if you don’t get a good score then you have to wait for one whole year to take the test and re-apply to colleges.)
For every score there is a great B-school. This is one test which is accepted by multiple colleges in India (no need to take a separate test for MAT or XAT and other college’s specific exams.) and abroad. Good B-Schools only accept students who have ranked at 90th percentile or above.
Requires 2-4 months of prep. Requires almost a year’s preparation, some students also take two years to prepare.