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GMAT Updates For 2024
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Nomenclature Change:
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The GMAT Focus Edition is now called the GMAT exam from 1st July 2024.
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The earlier version of the GMAT exam is now referred to as the 10th edition.
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Exam Structure:
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The GMAT exam has been streamlined to make it shorter and more candidate-friendly.
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The primary aim is to test essential skills required to perform well in business school and future job roles.
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Scoring System:
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The score range for the new GMAT exam is 205 to 805.
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The earlier GMAT exam had a score range of 200 to 800.
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The new exam has three sections contributing to the total score, unlike the earlier version with two sections.
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Percentile rankings are emphasized over raw scores for a better indicator of performance.
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Question Review and Edit Feature:
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This feature allows candidates to make educated guesses and move on, ensuring they complete all questions.
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Algorithm Improvements:
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The algorithm has been improved to be more fair and unbiased.
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The exam remains question-adaptive, but with enhancements to the algorithm.
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Removal of Content:
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Certain content has been removed to make the exam less stressful.
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Data Insights Section:
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This section now includes data sufficiency, multisource reasoning, table analysis, and graphics interpretation.
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It tests a combination of math, verbal, and data skills, reflecting real-world business scenarios.
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Practice Exams:
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Official practice exams use the same algorithm as the actual GMAT exam.
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There are free practice exams (Practice Exam 1 and 2) and paid ones (Practice Exams 3, 4, 5, and 6).
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An official starter kit is available with 70 practice questions and videos.
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Business Writing Assessment:
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Required by HBS for students submitting GMAT focus scores.
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It is part of the interview process, not the application or admission.
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Official Materials:
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The official guide and its supplements provide ample preparation material.
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It is recommended to stick to official materials for the best representation of exam questions.
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Focus on Percentiles:
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Business schools are now focusing more on percentile rankings rather than raw scores.
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The concordance table on mba.com helps in comparing scores between the old and new versions.
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Booking the Exam:
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Candidates are advised to register for the exam well in advance to secure preferred locations and times.
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GMAT and GRE Code of Some Top Universities for MBA ranked by FT
University of Pennsylvania: Wharton
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GMAT Code: G56-97-73
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GRE Code: 6802
Columbia Business School
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GMAT Code: QF8-N6-52
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GRE Code: 6442
Insead MBA
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GMAT Code: DL3-S8-89
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GRE Code: 0970
Northwestern University, Kellogg School of Management
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GMAT Code: 6WZ-3J-89
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GRE Code: 7921
Stanford Graduate School of Business
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GMAT Code: L9R-KW-09
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GRE Code: 4704
London Business School
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GMAT Code: Z11-J7-50
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GRE Code: 7832
Yale School of Management
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GMAT Code: 3TJ-BX-75
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GRE Code: 5624
IESE Business School
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GMAT Code: S21-BK-12
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GRE Code: 6951
HEC Paris
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GMAT Code: 0TL-6C-28
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GRE Code: 0649
MIT: Sloan
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GMAT Code: X5X-QS-41
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GRE Code: 3791
SDA Bocconi School of Management
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GMAT Code: 3WJ-L8-42
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GRE Code: 3710
New York University: Stern
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GMAT Code: 5TF-HW-35
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GRE Code: 4455
University of California at Berkeley: Haas
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GMAT Code: N2VPT47
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GRE Code: 0574
Cornell University: Johnson
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GMAT Code: 5JW-BM-96
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GRE Code: 8296
Dartmouth College: Tuck
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GMAT Code: Z04-NH-64
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GRE Code: 4887
Duke University's Fuqua School of Business
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GMAT Code: Q13-N5-32
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GRE Code: Duke Program code 5156, and the 4201 Business Administration and Management Department name on your GRE exam
University of Virginia: Darden
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GMAT Code: 9X4-6J-59
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GRE Code: 0483
National University of Singapore Business School
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GMAT Code: DRT-MK-35
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GRE Code: 7539
University of Cambridge: Judge
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GMAT Code: WF1-T3-68
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GRE Code: 0832
Carnegie Mellon: Tepper
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GMAT Code: Full-Time MBA: 69H-XH-99
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GRE Code: 4883
University of Southern California: Marshall
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GMAT Code: 389-9C-23
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GRE Code: 4852
UCLA Anderson School of Management
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GMAT Code: 2NZ-2F-24
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GRE Code: 0771
Georgetown University: McDonough
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GMAT Code: JT7-G0-20
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GRE Code: 7821
Washington University: Olin
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GMAT Code: R4T-WG-61
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GRE Code: 4961
University of Washington: Foster
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GMAT Code: 459-75-20
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GRE Code: 4854
University of Oxford: Saïd
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GMAT Code: Q0G-4B-59
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GRE Code: 0807
Imperial College Business School
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GMAT Code: S22-7S-53
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GRE Code: 0121
Esade Business School
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GMAT Code: 93M-3K-60
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GRE Code: 5761
HKUST Business School
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GMAT Code: PRW-WT-99
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GRE Code: 3834
Ohio State University: Fisher
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GMAT Code: ZLJ-9D-98
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GRE Code: 1592
University of North Carolina: Kenan-Flagler
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GMAT Code: D40-HL-72
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GRE Code: GRE: 5046
Nanyang Business School, NTU Singapore
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GMAT Code: V24-ZV-13
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GRE Code: 3802
Emory University: Goizueta
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GMAT Code: C3Q-71-17
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GRE Code: 3984