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    GMAT Exam Fees - Registration, Cancellation, Rescheduling

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    GMAT Exam Fees - Registration, Cancellation, Rescheduling

    Edited By Hema Gopalakrishnan | Updated on Sep 07, 2023 05:39 AM IST | #GMAT

    GMAT exam fees - GMAC accepts registration for the GMAT exam throughout the year. Candidates can register for the GMAT exam in online mode and pay the GMAT exam fees to complete the registration process. GMAT exam fee depends on the student's location, exam mode, local taxes and other regulations. The GMAT exam is conducted worldwide and the exam fee ranges from $250 to $300 depending on the country, and the exam mode which can be either online or at the test centre. The GMAT exam fees in India for 2023 is US$275 at the test centre, which is approximately ₹22,820. For the online mode of the exam the GMAT exam fees in rupees is ₹24,894. This article explains GMAT exam fee details like fee payment modes, important points to be remembered about the GMAT exam fees, rescheduling and cancellation fees and policies, GMAT exam fee waivers, GMAT score etc. Read the full article for complete information on every single aspect of the GMAT exam fees.

    GMAT exam fees in India

    GMAC will start the registrations for GMAT exam focus edition on August 29, 2023. There are some changes introduced in the GMAT syllabus for focus edition exam, however, the GMAT fee in India for both exams are same. The GMAT fees in INR are given in the below table.

    GMAT fee in India

    Topic

    Test Centre GMAT

    Online GMAT

    GMAT form fees 2023

    $275

    $300

    Enhanced score report

    $30

    NA

    Additional score report

    $35 per report

    $35 per report

    GMAT score cancellation

    $25

    NA

    Reinstate GMAT score

    $50

    NA

    AWA essay rescoring

    $45

    $45

    Steps to pay the GMAT exam fees India

    1. The first step is to choose which GMAT exam delivery method works best - online or at a GMAT test centre.

    2. Now, create an mba.com account by providing the basic information.

    3. The next step is registration for the exam.

    4. Start by clicking the register button.

    5. Complete the GMAT profile, by filling out all the required details.

    6. Select the preferred GMAT exam date, i.e. the time and date of the exam.

    7. Finally, make the GMAT exam fees payment.

    Candidates should plan for their application deadlines in advance. It takes around 7 business days for your official score report to come in. In some cases, it may even take 20 business days to come in.

    GMAT exam fees payment methods

    1. If candidates are paying the registration of GMAT fees in India with a credit or debit card, they should only go for VISA, Mastercard, American Express, and Discover Network Cards.

    2. They can also pay the GMAT fee in Indian rupees by cashier check, money order, or personal check.

    GMAT exam fees payment - Important points

    1. If the credit or debit card is declined while paying the GMAT application fee, GMAT registration will automatically be cancelled. Further, candidates will have to schedule another GMAT registration slot with a valid GMAT application fee payment.

    2. If candidates use a fraudulent or stolen debit or credit card for the payment of GMAT fees in India, their transaction will be declined, GMAT exam slot will be cancelled and their previous GMAT scores may also be cancelled. Also, the GMAC will intimate the schools candidates are planning to apply to and the law enforcement agencies about the fraud.

    3. You will also be barred from taking further GMAT exams and requesting more score reports if you incorrectly challenge the credit card company about the GMAT test fees.

    4. If you are looking to pay the GMAT fees from India, please note that you will not be allowed by some banks to use your debit card on the Internet unless the merchant participates in Verified by Visa or MasterCard Secure Code. This will need you to enter a pin number, which some banks will willingly issue a one-time pin for, or lift the pin restrictions. The GMAC does not participate in this program and you will have to contact your bank for the same.

    5. If you are paying the GMAT exam fees by cashier check, money order, or personal check, you must make sure the following:

    • You must make the payment to Pearson VUE-GMAT in US dollars. The payment must be drawn from a US bank, and the payment should be the entire sum including all taxes.

    • Use the current date and an appropriate signature.

    • The bank’s name and location must be pre-printed on the check.

    • If your check is returned due to insufficient funds, Pearson VUE will deduct a certain amount from your account and cancel your GMAT exam slot. You will have to go through the process again, pay the GMAT registration fees and book another GMAT exam slot for yourself.

    1. You will find the GMAT fees charges on your credit card statement as “VUE*GRAD MGMT TEST” for exams delivered at a test centre, and as "DRI*EXAMITY LLC" if you have chosen to deliver the exam online.

    2. As per the government budget guidelines effective March 31, 2023, 18% GST will be additionally applicable on your GMAT exam fees in India which will add to the GMAT cost.


    GMAT exam fee rescheduling

    Candidates can reschedule their GMAT exam date by paying an additional GMAT fee as explained in the table below:

    GMAT fees for rescheduling

    Reschedule timeline

    Rescheduling GMAT fees (test centre)

    Rescheduling GMAT fees (online)

    More than 60 days before the appointment

    US$55

    US$60

    15-60 days before appointment

    US$110

    US$120

    14 days and less before appointment

    US$165

    US$180

    GMAT cancellation fee

    The most important point to be noted here is that you cannot cancel or change the GMAT exam within 24 hours of the exam. And thus, you should book your GMAT exam slots extremely carefully and only when they are sure to take the test at their booked GMAT slot. Otherwise, you have to pay the GMAT exam fees for cancellation, which is explained in the table below.

    GMAT exam fees for cancellation

    GMAT exam cancellation timeline

    Refund amount (for exam delivered at a test centre)

    Refund amount (for exam delivered online)

    More than 60 days before the exam slot

    US$110

    US$120

    15-60 days before the exam slot

    US$80

    US$90

    14 days and less before the exam slot

    US$55

    US$60

    For a holistic understanding of the GMAT exam, read the GMAT ebook here.

    Popular exams to study abroad:

    GMAT fee waivers

    1. Students coming from humble backgrounds can apply for a GMAT exam fee waiver.

    2. It is at the discretion of the business schools to all GMAT fees waiver to students they find suitable for this exemption. Anyone can apply for the GMAT exam fee waiver.

    3. The business schools are given the authority to decide which student deserves the GMAT fee waiver or reduction. Generally, a business school is allowed to apply for 10 GMAT exam fee waivers in a 12-month period.

    4. Business schools can have their own criteria for selecting students for GMAT exam fee waiver. It means that if you are applying for a waiver of GMAT 2023 registration fees, you have to prove your financial need to the school.

    5. You have to apply for the GMAT fee waiver through your undergraduate school or the business school you are applying for. It is strongly recommended that you check with the business school if they have the provision of a GMAT fee waiver in their financial aid department.

    6. The GMAT colleges i.e, GMAT score-accepting colleges or business schools also have the authority to determine how much GMAT fee waiver is allowed for a particular student. You will have to provide the school with your financial need statement clearly stating why you cannot afford the GMAT exam fees.

    GMAT retake fee

    If you are unhappy with your GMAT result, you have the option to retake the GMAT exam for which you will have to register once again. You will have to pay the GMAT retake cost of $250 for retaking the GMAT exam. You can register for the exam by phone, postal mail or fax. In case you are registering for the exam by phone, you will have to pay an additional charge of $10. This will add to the GMAT exam cost. However, the GMAC has imposed a limit on the number of retakes for candidates.

    Frequently Asked Question (FAQs)

    1. Can I take the GMAT exam for free?

    The GMAC offers business schools up to 10 free GMAT fee waivers within a 12-month period, which they can use at their discretion and help the test takers who need it by introducing the waivers as part of a program or directly giving it to test taking candidates. You can apply for these GMAT exam fees waivers by filling out the application form by these schools.

    2. What is the GMAT exam cancellation fees?

    If you cancel the GMAT exam more than 60 days before the exam slot, you will get a refund of US$110 (test centre) and US$120 (online). In the case of cancellation 15-60 days before the exam slot, a refund of US$80 (test centre) and US$90 (online) is received. In the case of cancellation 14 days and less before the exam slot, US$50 (test centre) and US$60 (online) is refunded to you.

    3. How much does it cost to retake GMAT online?

    If you are dissatisfied with your GMAT scores, you can retake the exam for US$250.

    4. Can you cancel GMAT and get a refund?

    Yes, you can cancel your GMAT exam and get a refund of a part of your GMAT exam fees. The point to be noted here is that you do not get the whole amount as refund and just a part of it and that is why you should be thoroughly prepared before booking your GMAT exam slot.  

    5. How much is the GMAT exam fees?

    The GMAT exam fee ranges from $250 to $300 depending on the country, and the exam mode which can be either online or at the test centre.

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    Questions related to GMAT

    Have a question related to GMAT ?

    Dear Student ,

    As you have appeared for GMAT exam , so I'm giving the names of colleges that accept GMAT scores :

    • IBS Hyderabad - IBS Business School
    • VIT BS Vellore - VIT Business School
    • IIM Lucknow - Indian Institute of Management
    • MITSOM Pune - MIT School of Management
    • IIM Calcutta
    • Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research
    • IIM Bangalore and others

    To know more about the colleges , you may go through this link :

    https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india-accepting-gmat

    Hope this helps !

    Hello candidate,

    GMAT is a national level examination conducted multiple times in a year, registration has started from today only ( 3rd January).

    Candidates are permitted to take this exam 2 times in a year with the gap of 6 month between each examination.

    Applying candidates must qualify the bachelor degree from any recognised board or University.

    Age limit : he or she must be minimum of 18 years in age to be eligible for examination.

    In case candidate score 800 marks,he/she have to wait for 5 yrs to appear for the examination again.

    Hope this will help you

    Hope you get an idea by this information

    Thank you

    As such, there is no set eligibility criteria set by GMAC, the body conducting GMAT for appearing for the GMAT exam. However, one should always meet the eligibility criteria set by the university/college one aspires to get into after giving the GMAT.

    Age criteria
    The candidate must have completed 18 years of age
    There is no upper age limit for the candidate
    If the candidate is between 13 to 17 years old, they should have permission in writing from their parents or legal guardian
    Educational qualification
    GMAC has not announced any official statement regarding qualification required to appear for GMAT
    Candidates who wish to enroll in an MBA program should possess a graduate degree in any discipline from a recognized university
    The GMAT exam is designed to be attempted in English; hence basic understanding and fluency in the language is a must for the aspirants. In order to clear the exam, one must have the skills to comprehend the twisted and confusing questions asked in the exam. The exam is tough and complicated; henceforth, its aspirants must have excellent command over the English language.

    Other Restrictions: According to the GMAC, any individual irrespective of their gender, age, nationality, religion, academic background, etc. can appear for the exam without any discrimination. This includes differently-abled candidates as well, who are provided with special exam accommodation upon request. For such aspirants, the medical documents that define a candidate’s disability are put confidential, which has been thoroughly described in the privacy statement declared by the GMAC.
    https://studyabroad.careers360.com/articles/gmat-eligibility
    hope it's helpful






    Hello Aspirant,

    No you can't apply for this college if you haven't given the exams like CAT/ GmAT. As this college considers entrance like CAT, XAt, GMAT, MAt. So, you are not eligible to apply for this college.

    You can fill form of those where college conducts its own entrance test for MBA. According, to that you are eligible to get Admissions. And still if you do not want to go for these exam, you can take admission directly also. Some college do offer.

    Hope you understood:)

    LPU does not require AICTE approval. Lovely Professional University is a university in itself and it is recognized by the University Grants Commission(UGC), a statutory body of the Government of India.

    LPU has AA+ Infrastructure including shopping malls, refreshment centers, the Largest Private University Accommodation in the world, 13000 + CC cameras, indoor transportation system, University Management System, etc.

    With Quality of Education, Placements in LPU is also amazing, with the top brand in the world coming for Campus Recruitment provides great opportunities to its students and because of its #ThinkBig concept and various innovations in curriculum, the university is standing tall and proud with various other very old and renowned institutions in terms of rankings and accreditations.


    Around 550+ companies visit every year for such activities and campus-recruitment of students from LPU. And this year for batch graduating in 2020, already more than 650 placement/internship drives have been conducted till February 2020 with leading industry giants (more than 90% being MNCs).

    Lovely Professional University provides placement opportunities to all the deserving candidates, from all courses. It's up to the student's capability to be able to grab the opportunity or not. Till now thousands of students are placed at a very good package all around the world. Some of the alumni are working in the top 10 brands in the world.


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    Radio Jockey is an exciting, promising career and a great challenge for music lovers. If you are really interested in a career as radio jockey, then it is very important for an RJ to have an automatic, fun, and friendly personality. If you want to get a job done in this field, a strong command of the language and a good voice are always good things. Apart from this, in order to be a good radio jockey, you will also listen to good radio jockeys so that you can understand their style and later make your own by practicing.

    A career as radio jockey has a lot to offer to deserving candidates. If you want to know more about a career as radio jockey, and how to become a radio jockey then continue reading the article.

    3 Jobs Available
    Music Teacher

    Career as a Music Teacher is a fun and exciting job if you are skilled and passionate about this career. A Music Teacher is responsible for teaching students music, instruments, techniques, technology, singing, and many more. He or she helps students to analyze musical works, and concepts of music and assigns and evaluates lessons.

    2 Jobs Available
    Producer

    An individual who is pursuing a career as a producer is responsible for managing the business aspects of production. They are involved in each aspect of production from its inception to deception. Famous movie producers review the script, recommend changes and visualise the story. 

    They are responsible for overseeing the finance involved in the project and distributing the film for broadcasting on various platforms. A career as a producer is quite fulfilling as well as exhaustive in terms of playing different roles in order for a production to be successful. Famous movie producers are responsible for hiring creative and technical personnel on contract basis.

    2 Jobs Available
    Choreographer

    The word “choreography" actually comes from Greek words that mean “dance writing." Individuals who opt for a career as a choreographer create and direct original dances, in addition to developing interpretations of existing dances. A Choreographer dances and utilises his or her creativity in other aspects of dance performance. For example, he or she may work with the music director to select music or collaborate with other famous choreographers to enhance such performance elements as lighting, costume and set design.

    2 Jobs Available
    Copy Writer

    In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

    5 Jobs Available
    Editor

    Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

    3 Jobs Available
    Journalist

    Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

    3 Jobs Available
    News Anchor

    A career as news anchor requires to be working closely with reporters to collect information, broadcast newscasts and interview guests throughout the day. A news anchor job description is to track the latest affairs and present news stories in an insightful, meaningful and impartial manner to the public. A news anchor in India needs to be updated on the news of the day. He or she even works with the news director to pick stories to air, taking into consideration the interests of the viewer.

    3 Jobs Available
    Publisher

    For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

    3 Jobs Available
    Vlogger

    In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. Ever since internet cost got reduced the viewership for these types of content has increased on a large scale. Therefore, the career as vlogger has a lot to offer. If you want to know more about the career as vlogger, how to become a vlogger, so on and so forth then continue reading the article. Students can visit Jamia Millia Islamia, Asian College of Journalism, Indian Institute of Mass Communication to pursue journalism degrees.

    3 Jobs Available
    Videographer

    Careers in videography are art that can be defined as a creative and interpretive process that culminates in the authorship of an original work of art rather than a simple recording of a simple event. It would be wrong to portrait it as a subcategory of photography, rather photography is one of the crafts used in videographer jobs in addition to technical skills like organization, management, interpretation, and image-manipulation techniques. Students pursue Visual Media, Film, Television, Digital Video Production to opt for a videographer career path. The visual impacts of a film are driven by the creative decisions taken in videography jobs. Individuals who opt for a career as a videographer are involved in the entire lifecycle of a film and production. 

    2 Jobs Available
    SEO Analyst

    An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns. 

    2 Jobs Available
    Gemologist

    A career as a gemologist is as magnificent and sparkling as gemstones. A gemologist is a professional who has knowledge and understanding of gemology and he or she applies the same knowledge in his everyday work responsibilities. He or she grades gemstones using various equipment and determines its worth. His or her other work responsibilities involve settling gemstones in jewellery, polishing and examining it. 

    4 Jobs Available
    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    Production Manager

    Production Manager Job Description: A Production Manager is responsible for ensuring smooth running of manufacturing processes in an efficient manner. He or she plans and organises production schedules. The role of Production Manager involves estimation, negotiation on budget and timescales with the clients and managers. 

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    3 Jobs Available
    Welding Engineer

    Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

    2 Jobs Available
    Commercial Manager

    A Commercial Manager negotiates, advises and secures information about pricing for commercial contracts. He or she is responsible for developing financial plans in order to maximise the business's profitability.

    2 Jobs Available
    QA Manager

    Quality Assurance Manager Job Description: A QA Manager is an administrative professional responsible for overseeing the activity of the QA department and staff. It involves developing, implementing and maintaining a system that is qualified and reliable for testing to meet specifications of products of organisations as well as development processes. 

    2 Jobs Available
    Reliability Engineer

    Are you searching for a Reliability Engineer job description? A Reliability Engineer is responsible for ensuring long lasting and high quality products. He or she ensures that materials, manufacturing equipment, components and processes are error free. A Reliability Engineer role comes with the responsibility of minimising risks and effectiveness of processes and equipment. 

    2 Jobs Available
    Safety Manager

    A Safety Manager is a professional responsible for employee’s safety at work. He or she plans, implements and oversees the company’s employee safety. A Safety Manager ensures compliance and adherence to Occupational Health and Safety (OHS) guidelines.

    2 Jobs Available
    ITSM Manager

    ITSM Manager is a professional responsible for heading the ITSM (Information Technology Service Management) or (Information Technology Infrastructure Library) processes. He or she ensures that operation management provides appropriate resource levels for problem resolutions. The ITSM Manager oversees the level of prioritisation for the problems, critical incidents, planned as well as proactive tasks. 

    3 Jobs Available
    Computer Programmer

    Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

    3 Jobs Available
    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    IT Consultant

    An IT Consultant is a professional who is also known as a technology consultant. He or she is required to provide consultation to industrial and commercial clients to resolve business and IT problems and acquire optimum growth. An IT consultant can find work by signing up with an IT consultancy firm, or they can work on their own as independent contractors and select the projects they want to work on.

    2 Jobs Available
    Data Architect

    A Data Architect role involves formulating the organisational data strategy. It involves data quality, flow of data within the organisation and security of data. The vision of Data Architect provides support to convert business requirements into technical requirements. 

    2 Jobs Available
    AI Data Analyst

    An AI Data Analyst is responsible for procuring, preparing, cleansing and modelling data utilising machine learning models and new analytical methods. He or she designs and creates data reports in order to provide support to stakeholders to make better decisions. 

    2 Jobs Available
    Automation Test Engineer

    An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

    2 Jobs Available
    UX Architect

    A UX Architect is someone who influences the design processes and its outcomes. He or she possesses a solid understanding of user research, information architecture, interaction design and content strategy. 

     

    2 Jobs Available
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