GMAT
The GMAT exam is a computer-adaptive test which assesses the candidates’ analytical writing, quantitative, verbal and reading skills in standard written English. The cost of giving GMAT Exam is US $250. This test is taken to get admission into a graduate management program, such as MBA and Masters in Finance related courses in top business schools across the world.
GRE vs GMAT
The Graduate Record Examination (GRE) is another popular examination among Indian students aspiring to study in the USA or Canada. It is a fairly standardized test that measures the verbal, mathematical and general analytical skills of the candidate, though the format has undergone quite a few changes over the years. It is an admission requirement for many graduate courses, especially in engineering and the sciences, in the USA. Management aspirants need to take the GMAT, which is an admissions assessment for business colleges. Average GMAT scores are in the range of 570-580; however, for top school admissions a score of at least 700 is almost mandatory. New sections have been introduced recently, such as Integrated Reasoning, which have made the test more competitive than before.
GRE and GMAT tests are available throughout the world in more than 500 locations, though you will have to book your slot in advance.