What is the GMAT?
The GMAT is an aptitude test that aims to assess candidates’ critical reasoning and analytical thinking through a series of language and mathematics questions.
The test’s main characteristic is that it varies the level of difficulty of each question depending on a candidate’s previous answers.
The GMAT is one of the main assessment criteria used by most business schools globally, as it assists in the comparative evaluation of candidates.
GMAT Focus – Quantitative – Sample Exercise 1
Are you looking to start prepping for the GMAT Focus? Avgi, the co-founder of UNIPERFECT and our lead quantitative instructor, is here to walk you through a tricky Quant exercise!
If you have questions about the GMAT’s math exercises and what the right way to approach them is, in order to solve them in under one minute, stay tuned to the UNIPERFECT channel, and watch the episodes on the standardized GMAT test.
How does one prepare for the GMAT exam?
Preparation for the GMAT lasts between 8 to 10 weeks and is divided into two main parts.
The first part of the preparation lasts 8 weeks. During this time, candidates attend two three-hour lessons per week. Through the lessons and multiple practice exercises, candidates develop their critical thinking, as well as their problem-solving and reading comprehension skills.
The second part of the preparation involves a series of simulation tests that helps candidates familiarize themselves with the test format. Thanks to systematic practice and the close monitoring of their performance by their instructors, candidates can identify areas that need improvement.
In order for candidates to achieve a high test score, it is crucial that they maintain a good balance between the various test sections throughout the entire preparation period.
Following the two preparation phases and the necessary practical application of the skills acquired via simulation tests, candidates are now ready to take the GMAT.
Unlock the New GMAT Focus! ft. Avgi Tsoutsi & Yiola Trikopoulou
If you want to discover the secrets of the test’s new format, the GMAT Focus, then this video podcast has your name written all over it! Avgi Tsoutsi and Yiola Trikopoulou are UNIPERFECT’s GMAT instructors, and they are here to share the knowledge they’ve gathered from their many years of teaching experience. Specifically, they will tell you everything you need to know before embarking on your GMAT preparation journey. This podcast focuses on the GMAT’s new format and on tips regarding how to be most effective when taking the test, as well as other things to be aware of.
Which MBAs require a GMAT score?
The GMAT has been specifically designed for students interested in pursuing an MBA or other graduate studies in Finance, Accounting or Organizational Leadership. The test assesses a student’s ability to succeed in a business school environment.
The following is a list of graduate programs that require a GMAT score:
- Master of Business Administration
An MBA lasts two years; they are designed for individuals who wish to excel in Business Management and Leadership, and they offer a wide range of career options to graduates. These programs cover a comprehensive spectrum of subjects including Finance, Marketing, Strategy, and Operations Management, among others. - Master of Finance
A Master of Finance lasts 1-2 years and is ideal for individuals who want to specialize in Financial Management and Analysis. These programs focus on Financial Markets, Investment Analysis, Risk Management, Corporate Finance, and Financial Modeling. - Master of Accounting
A Master of Accounting is designed for candidates with prior knowledge on accounting; on average, programs are 1-2 years long. Their primary focus is on Financial Reporting, Auditing, Taxation, Forensic Accounting, and Accounting Ethics. - Master of Economics
A Master of Economics is ideal for individuals with advanced mathematical competencies, and they usually last 1-2 years. These study programs have an exceptionally broad scope that includes Economic Theories, Quantitative Analysis, Policy Analysis, and Research Methods. - Master of Supply Chain Management
A Master of Supply Chain Management lasts 2 years and is aimed at individuals who want to specialize in Supply Chain Management and Logistics. These study programs focus primarily on the areas of Inventory Management, Transportation, Distribution, Demand Forecasting, and Sustainability. - Master of Organizational Leadership
A Master of Organizational Leadership lasts between 1-2 years; it is designed in such a way that graduates can successfully lead teams in many different organizational contexts. These programs include courses in Leadership Theories, Organizational Behavior, Strategic Planning, Change Management, and Ethical Leadership.
Which universities require a GMAT score?
English-speaking universities have very high requirements in terms of their selection criteria. A GMAT score is required by many top European, American, and Australian universities.
Our students’ GMAT success stories
UNIPERFECT has had the honor of helping numerous students achieve high GMAT scores (670 average score). As a result, our students have been admitted to postgraduate programs at some of the most prestigious universities, thus reaching their goals.
FAQ
Why should I take the GMAT?
Many of the top business schools require that you submit a GMAT score as part of your application to postgraduate programs, especially in the field of Business Administration (MBA). A high GMAT score can significantly improve your chances of being accepted by such programs and even the possibility of receiving a scholarship or other forms of financial support. Moreover, the GMAT assesses your skills in various areas that are critical for your future career in the business world, such as critical and analytical thinking, knowledge of the English language, and quantitative data analysis. Employers often also take your GMAT score into consideration, as it indicates competence and shows that you’re capable of taking on a role involving analysis and management.
How is the GMAT structured?
The GMAT is composed of three main parts: Verbal Reasoning, Quantitative Reasoning, and Data Insights. The first section, Verbal Reasoning, is made up of 23 reading comprehension and critical reasoning questions; the second section, Quantitative Reasoning, comprises 21 problem-solving questions; and the final section, namely Data Insights, includes 20 questions that can require either math, quantitative analysis, verbal reasoning, or all three of the above.
How is the GMAT graded, and what does my test score mean?
Unlike the old GMAT, whose grading scale went from 200-800, the GMAT Focus’s grading scale ranges from 205-805. The difference in the grading system is also apparent in the fact that universities have different score requirements for each of the test formats. It is easier to compare the two grading scales by looking at percentile rankings. For more information, click on the link:
https://www.mba.com/exams/gmat-exam/scores/understanding-your-score
What is the GMAT’s duration?
To answer the questions in each section you will have 45 minutes. In total, the exam lasts 2 hours and 15 minutes. In the GMAT Focus, much like in the test’s previous format, you can choose the order in which you would like to tackle the sections. Moreover, you are entitled to a 10-minute break, and you can choose when to take this break in between the three sections.
What are the differences between the GMAT and the GRE?
To find out more, click here.
When and where can I take the GMAT?
There are two GMAT exam centers in Greece. In Athens, the exam center is in the Athens Tower (Πύργος των Αθηνών), at the Pearson Professional Center – Athens (Leof. Mesogeion 2-4, Ambelokipi, 11526). In Thessaloniki, exams are held at Infolab (Papanastasiou 66, Thessaloniki, 54642). You can book an exam session online via their official website (https://www.mba.com/). The GMAT certification exam takes place on many different dates, and you can choose between taking the exam in person at a test center or remotely, provided you have a stable internet connection.ternet.
Can I ask for extra exam time?
Yes, you can apply for extra exam time if you have special needs due to learning difficulties, disability, health problems or similar issues that impact your test-taking ability. You will need to submit your application to the test center, along with any documents, medical or otherwise, that are relevant to your claim. The test center will then examine your application and inform you of any adjustments they are willing to make to the exam procedure, such as giving you extra time. All concessions are made on a case-by-case basis.
Is the GMAT computer-adaptive?
Yes, it is. This means that the level of difficulty of each question depends on your performance in previous questions.
When do the GMAT results come out?
You can review the unofficial test results immediately after completing the exam. However, the official results are released 3-5 days after the examination.
Does the GMAT have a passing score?
There is no pass or fail score for the GMAT. Each university sets its own standard with regard to what is considered a good score. Keep in mind that this can vary depending on the study program you are applying to.
Practical Info
Exam
The GΜΑΤ exam can be taken either online or at an examination center. Its sections are Quantitative Reasoning, Verbal Reasoning, and Data Insights.
Grading system
The grading scale ranges from 205-805.
Exam duration
The exam lasts 2 hours and 15 mins in total.
Validity
Test results are valid for 5 years.
Test centers
Two test centers, one in Athens and one in Thessaloniki.
Exam cost
The cost of taking the GMAT is approximately €260.
Why should you choose UNIPERFECT for your preparation?
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