How much does the GMAT Focus Edition cost?

Asked by Mathew Godnis 8 months ago

6 Answers

The cost of the GMAT Focus Edition can vary based on your location and the services you opt for. Here's a breakdown of the costs you might incur:

Base Exam Fee

  • United States: The base cost for the GMAT Focus Edition in the United States is typically around $275.
  • International Locations: In other countries, the price can vary. Generally, it ranges from $250 to $300, depending on the region and local currency exchange rates.

Additional Fees

  • Rescheduling Fee: If you need to reschedule your exam, it can cost you an additional $60 if you do it more than seven days before the test. If you reschedule within seven days, the fee can go up to $150.
  • Cancellation Fee: Cancelling your exam more than seven days before the test date will typically cost $100. If you cancel within seven days, you might only get a partial refund, or in some cases, none at all.

Additional Services

  • Enhanced Score Report: This detailed analysis of your performance costs around $30.
  • Additional Score Reports: Sending your GMAT scores to more than the five schools included in the base fee costs about $35 per additional report.
  • Prep Materials: Official GMAT prep materials can range from $30 to $150, depending on whether you buy books, software, or both.

Discounts and Vouchers

  • Discounts: Some candidates might be eligible for discounts through special programs or promotions.
  • Vouchers: If your employer or educational institution sponsors your exam, they might provide a voucher to cover part or all of the cost.

Total Estimated Cost

Considering the base fee and potential additional costs, you might expect to spend between $275 and $500 for the GMAT Focus Edition, depending on your specific needs and circumstances.

Final Tips

  • Check Official Website: Always check the official GMAT website for the most up-to-date pricing and policies, as fees can change.
  • Budget for Extras: Be sure to budget for any extra costs like rescheduling or additional score reports to avoid surprises.

This should give you a comprehensive idea of how much you might need to budget for the GMAT Focus Edition.


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XAVIAR X

Study abroad expert

The cost of the GMAT Focus Edition is a common concern for students looking to take this exam.

The GMAT Focus Edition exam fee varies depending on your location, but in India, the cost is $275, which is around ₹23,000. This fee covers the cost of the exam itself as well as an Enhanced Score Report (ESR) that provides a detailed breakdown of your performance.

The ESR includes information like your section-wise scores, percentile rankings, and a comparison of your performance to other test-takers. This additional information can be really helpful in understanding your strengths and weaknesses, which can guide your preparation for the exam.

In addition to the basic exam fee, there are also some other costs to keep in mind:

Rescheduling or Cancellation Fees
If you need to reschedule or cancel your GMAT Focus Edition exam, there are additional fees that you'll have to pay. The closer you are to your exam date, the higher the fees will be, ranging from $50 to $150 for rescheduling and $165 to $220 for cancellation.

Additional Score Reports
The exam fee covers sending your scores to up to five business school programs. If you need to send your scores to more than five schools, there's an additional fee of $35 per school.

While the GMAT Focus Edition exam fee may seem like a significant investment, it's important to remember that a strong GMAT score can open doors to top-tier business programs around the world. By preparing thoroughly and performing well on the exam, you can maximize your chances of getting into your dream school.

If you're concerned about the cost, there are also various scholarships and financial aid options available that you can explore. Don't let the exam fee discourage you from pursuing your study abroad goals! 
 
 


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Neema Nigam

Sr. Consultant

The GMAT Focus Edition exam costs $275 if you choose to take it at a test center, or $300 if you opt to take it online. This fee structure is consistent across the United States, India, and most European countries. In the UK, the cost is £250 at a test center and £275 online​.

This fee includes the ability to send your scores to up to five MBA programs at no additional charge, which is a great benefit for applicants applying to multiple schools​. If you need to send your scores to more than five schools, there is an additional fee of $35 per score report.

If you need to reschedule your exam, be aware that the costs vary depending on how far in advance you make the change. Rescheduling more than 60 days before your test costs $55-$60, 15-60 days before the test costs $110-$120, and within 14 days costs $165-$180​ (GMAT Ninja)​. Similarly, if you cancel your exam, the refund amount decreases as the test date approaches, ranging from $55-$120.

The GMAT Focus Edition, introduced in 2024, has a shorter test duration of 2 hours and 15 minutes, compared to the older version which took over 3 hours. The new format includes three sections: Quantitative Reasoning, Verbal Reasoning, and Data Insights, each lasting 45 minutes. This redesign aims to make the test more efficient and aligned with modern business skills.

To know the current information, it's always a good idea to check the official GMAT website or trusted sources like MBA.com. This will ensure you have the latest updates on costs and any other changes to the exam format or policies.
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Manisha Rani

Student of MBA from Oxford University

The cost of the GMAT Focus Edition can be a key consideration for students planning to take this test. Currently, the fee for the GMAT Focus Edition is $275. This price covers the test itself and includes the ability to send your scores to five business schools of your choice.

When you register for the GMAT Focus Edition, the $275 fee also grants you access to a number of features designed to help you prepare for the test. For example, you can use the official GMAT prep materials provided by the Graduate Management Admission Council (GMAC), which include practice questions and full-length practice tests that mimic the actual exam. These resources are incredibly valuable for understanding the format and types of questions you will encounter, helping you to perform at your best.

In addition to the base cost, you should also be aware of potential additional fees. If you need to reschedule your exam, there's an additional fee of $55 if you reschedule more than 60 days before your original test date, $110 if you reschedule 15 to 60 days before, and $165 if you reschedule within 14 days of the test. If you cancel your test, the fee depends on the timing as well: canceling more than 60 days before the test date will refund you $150, canceling between 15 to 60 days before will refund $100, and canceling within 14 days will refund $50.

Understanding these costs can help you budget appropriately. It’s also worth considering any additional expenses you might incur while preparing for the test, such as purchasing extra study materials or enrolling in a GMAT prep course. While these are optional, many students find them beneficial for achieving a higher score.

Lastly, always check the official GMAT website for the most up-to-date information, as fees can change. Preparing for the GMAT is a significant investment in your future, and knowing the costs upfront can help you plan more effectively and avoid any surprises.

In summary, the GMAT Focus Edition costs $275, with additional fees for rescheduling or canceling. Proper planning and preparation can help ensure you get the most value from your investment and perform well on the test. Good luck!


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Sarma Bhujbal

Study abroad consultant at Mentr Me

The cost of the GMAT Focus Edition is an important detail for students planning to study abroad. As of the latest update, the GMAT Focus Edition costs $275. This price applies whether you are taking the test in-person at a testing center or online from home.

When planning for the GMAT, it's crucial to consider additional costs that might arise. For instance, if you need to reschedule your test, it will cost $50 if done more than 60 days before the exam, $100 if done between 15 to 60 days prior, and $150 if rescheduled within 14 days of the test. Cancelling the test also incurs fees: $150 if canceled more than 60 days before, $200 if canceled 15 to 60 days prior, and $250 if canceled within 14 days.

Another potential cost is sending your GMAT scores to additional schools. The GMAT allows you to send your scores to five programs for free, but if you need to send them to more institutions, each additional report costs $35.

It's also good to budget for GMAT preparation materials and courses, which can vary in price. Official GMAT preparation books, online courses, and tutoring services can range from $50 to several hundred dollars, depending on the level of support and resources you choose.

In summary, while the base cost of taking the GMAT Focus Edition is $275, additional expenses for rescheduling, cancellations, score reports, and preparation materials should be considered when budgeting for the test. Ensuring you have a clear understanding of these costs can help you better prepare financially for your GMAT journey.

Always check the official GMAT website for the most current information on fees and policies, as these can change periodically. This ensures you have the most accurate and up-to-date details when planning your test and related expenses.
 
 
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