The GMAT exam fees in India and the United States in 2023 is $275 (approx Rs 22,000), and $300 for the online exam. But this is not the only GMAT-related cost you will incur. Your GMAT exam cost is more than $275 because other services like rescheduling, cancellation, ESR, and additional score reports cost extra. Moreover, the GMAT fees are not constant everywhere. Based on your location, your fees will change. For instance, the GMAT fee in India is $275 or INR 22,000, whereas the GMAT fee in the UK is Ā£250Ā (approx. $310). The GMAT fee is $285 in a few European countries, and the total cost is charged in either Euros or Pounds. Thus, based on your location, the GMAT fees differ. But is the GMAT fee different if you take the at-home version of the GMAT?
Yes, the cost of taking the GMAT exam either in-center or at home varies slightly, depending upon your location. So, the cost of the GMAT online exam in India and the United States is $300, whereas, in the United Kingdom, it is $340. However, for both the test center and the at-home GMAT exam, you can send your scores to five business schools free of cost. If you want to send additional score reports, you will incur an additional cost, which is approx. $35 for each score report.
To know more about how much the GMAT exam costs in your location at both a test center and at home, continue reading this article. You can also watch this video, where we answer some important questions related to the GMAT, including the GMAT fees and cost:
What is your total GMAT cost?- Take this quiz to find out:
Before we get into the GMAT exam fees and different costs associated with the GMAT, take this quiz to find out how much will your total cost for the GMAT exam be. The total GMAT cost includes the exam fees, preparation cost, rescheduling and re-attempting cost, and the additional score report cost.
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Different costs associated with the GMAT
How much is GMAT? GMAT Exam Fees
There are many costs associated with the GMAT exam apart from the registration fee, and they all add up to give you the total cost of taking the GMAT.
Here are the GMAT costs:
- Registration fee
- Reschedule fee
- Cancellation fee
- Additional score reports
- Score cancellation after leaving the test center
- Score reinstatement
- AWA essay rescoring
- Preparation cost
However, these costs differ from country to country, and weāll state those costs in the next section. But before that, take the below quiz to find out how much GMAT cost you will incur, depending on the above cost factors:
GMAT exam fees and cost in India
Youāll have to pay in USD to register for the GMAT in India. The registration fee is $275, which translates to approximately INR 22,000 based on the current exchange rate. Given below is the breakup of the total GMAT cost that you might have to bear:
| GMAT Fee Category | Delivered at a Test Center | Delivered Online |
| GMAT Exam | US$275 | US$300 |
| Enhanced Score Report (purchased at time of registration) | US$30 | Not Available |
| Additional Score Report | US$35 each | US$35 each |
| Cancel score (via mba.com My Account page after the exam) | US$25 | Not Applicable |
| Reinstate score | US$50 | Not Applicable |
| AWA Essay Rescoring | US$45 | US$45 |
| Reschedule Fees | ||
| More than 60 days before appointment | US$55 | US$60 |
| 15-60 days before appointment | US$110 | US$120 |
| 14 days or less before appointment | US$165 | US$180 |
| Cancellation Fees | ||
| More than 60 days before appointment | US$110 refund | US$120 Refund |
| 15-60 days before appointment | US$80 refund | US$90 Refund |
| 14 days or less before appointment | US$55 refund | US$60 Refund |
Source: Fees for the GMATā¢ Exam and Related Services
Are you planning to take the GMAT? Take a free GMAT mock to understand your baseline score and start your GMAT prep with our free trial. We are the most reviewed online GMAT Prep company with 2500 reviews on GMATClub.
GMAT exam fee and cost in the US
The cost of taking the GMAT in the United States is similar to India, which is $275. Here are the costs of different GMAT products and services youāll incur while taking the GMAT in the US:
| GMAT fee category | Delivered at a Test Center | Delivered Online |
| GMAT Exam | US$275 | US$300 |
| Enhanced Score Report (purchased at time of registration) | US$30 | Not Available |
| Additional Score Report | US$35 each | US$35 each |
| Cancel score (via mba.com My Account page after the exam) | US$25 | Not Applicable |
| Reinstate score | US$50 | Not Applicable |
| AWA Essay Rescoring | US$45 | US$45 |
| Reschedule Fees | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | US$55 | US$60 |
| 15-60 days before appointment | US$110 | US$120 |
| 14 days or less before appointment | US$165 | US$180 |
| Cancellation Fees | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | US$110 refund | US$120 Refund |
| 15-60 days before appointment | US$80 refund | US$90 Refund |
| 14 days or less before appointment | US$55 refund | US$60 Refund |
GMAT fees and cost in the UK
To take the GMAT in the UK, youāll have to pay a few costs in GBP and others in USD. For example, the GMAT registration fee in the UK is Ā£255, but if you want to buy additional score reports, youāll have to pay $35 for each report. The below table highlights those costs:
| GMAT Fee Category | Delivered at a Test Center | Delivered Online |
| GMAT Exam | Ā£250 | Ā£275 |
| Enhanced Score Report (purchased at time of registration)* | Ā£26 | Not Available |
| Additional Score Report | US$35 each | US$35 each |
| Cancel score (via mba.com My Account page after the exam) | US$25 | Not Applicable |
| Reinstate score | US$50 | Not Applicable |
| AWA Essay Rescoring | US$45 | US$45 |
| Reschedule Fees | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | Ā£50 | Ā£55 |
| 15-60 days before appointment | Ā£100 | Ā£110 |
| 14 days or less before appointment | Ā£150 | Ā£165 |
| Cancellation Fees** | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | Ā£100 refund | Ā£110 Refund |
| 15-60 days before appointment | Ā£75 refund | Ā£80 Refund |
| 14 days or less before appointment | Ā£50 refund | Ā£55 Refund |
GMAT fee and cost in Eurozone countries
If youāre someone in a Eurozone country, youāll have to pay a few costs in Euros and a few others in USD. For example, the GMAT registration fee in a eurozone country is ā¬275, but if you want to buy additional score reports, youāll have to pay $35 for each report. The below table highlights those costs:
| GMAT Fee Category | Delivered at a Test Center | Delivered Online |
| GMAT Exam | ā¬275 | ā¬ 300 |
| Enhanced Score Report (purchased at time of registration)* | ā¬26 | Not Available |
| Additional Score Report | US$35 each | US$35 each |
| Cancel score (via mba.com My Account page after the exam) | US$25 | Not Applicable |
| Reinstate score | US$50 | Not Applicable |
| AWA Essay Rescoring | US$45 | US$45 |
| Reschedule Fees | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | ā¬55 | ā¬ 60 |
| 15-60 days before appointment | ā¬110 | ā¬ 120 |
| 14 days or less before appointment | ā¬165 | ā¬ 180 |
| Cancellation Fees** | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | ā¬110 refund | ā¬120 Refund |
| 15-60 days before appointment | ā¬80 refund | ā¬90 Refund |
| 14 days or less before appointment | ā¬55 refund | ā¬60 Refund |
GMAT fees and cost in Non-Eurozone countries
If youāre someone in a Non-Eurozone country, youāll have to pay in USD, but your cost structure would be a little higher. However, a few East European countries do not fall into this category. Here are the different costs associated with taking the GMAT in non-Eurozone countries:
| GMAT Fee Category | Delivered at a Test Center | Delivered Online |
| GMAT Exam | US$285 | US$310 |
| Enhanced Score Report (purchased at time of registration) | US$30 | Not Available |
| Additional Score Report | US$35 each | US$35 each |
| Cancel score (via mba.com My Account page after the exam) | US$25 | Not Applicable |
| Reinstate score | US$50 | Not Applicable |
| AWA Essay Rescoring | US$45 | US$45 |
| Reschedule Fees | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | US$55 | US$70 |
| 15-60 days before appointment | US$115 | US$130 |
| 14 days or less before appointment | US$170 | US$190 |
| Cancellation Fees* | Delivered at a Test Center | Delivered Online |
| More than 60 days before appointment | US$115 refund | US$120 Refund |
| 15-60 days before appointment | US$85 refund | US$90 Refund |
| 14 days or less before appointment | US$55 refund | US$60 Refund |
GMAC has changed its reschedule fee policy. Here are complete details
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How to calculate the total cost of taking the GMAT?
We have chosen three scenarios to explain how to calculate the total cost of taking the GMAT. All situations will have some steps of the GMAT preparation cycle shown below. For illustration purpose, we have take the GMAT fees in India and USA:
A typical GMAT preparation cycle would include the following steps and associated GMAT fees –
- GMAT Registration Fee
- GMAT Preparation Course fee
- Rescheduling the test (if, required)
- Taking the GMAT
- Cost of Retaking the GMAT (if, required)
- Requesting additional score reports
- Applying to Business Schools
This cycle is not exhaustive and can include other steps
Scenario 1: You score well on your first attempt
In this scenario, a student registers for the GMAT, prepares for it, does not reschedule the test, aces the GMAT on the first attempt, and applies to 10 chosen business schools. In this case, he/she will incur the following cost:
| GMAT Cost categories | GMAT fees (Test center exam) |
| GMAT Registration Fee | USD$275 |
| GMAT Preparation Course Fee | USD $399 |
| Additional Score Reports – 5 Nos. | USD$175 |
| TOTAL | USD$849 |
It is possible to score high in your first GMAT attempt. Take a look at a few success stories of first time GMAT Takers.
Scenario 2: You reschedule the test but take it only once
In this scenario, a student registers for the GMAT, prepares for it, reschedules the test, aces the GMAT on the first attempt, and applies to 10 chosen business schools. In this case, he/she will incur the following GMAT cost:
| GMAT Cost Categories | GMAT fees (Test center fees) |
| GMAT Registration Fee | USD$275 |
| GMAT Preparation Course Fee | USD$399 |
| Reschedule Appointment | USD$55, 110, 165 |
| Additional Score Reports – 5 Nos. | USD$175 |
| TOTAL | USD$899 – USD$999 |
Even taking the GMAT has its cost. But what value do you get from the GMAT score? Know more about the importance of GMAT
Scenario 3.1: Reschedules and Retakes the GMAT
In this scenario, a student registers for the GMAT, prepares for it, reschedules the test, and takes the GMAT but does not reach his/ her target score. Therefore, retakes the test.
Scenario 3.2: Retakes the GMAT
For the retake, the student registers for the GMAT again but does not necessarily incur additional costs for the GMAT preparation.
To assess the last GMAT attempt, he/she buys the Enhanced Score Report (ESR) and, on the second attempt, aces the GMAT and applies to 10 chosen business schools. In this case, he/she will incur the following GMAT cost:
| GMAT Cost Categories | GMAT fees (Test center fees) |
| GMAT Registration Fee | USD$275 |
| GMAT Preparation Course Fee | USD$399 |
| Reschedule Appointment | USD$55, 110, 165 |
| 2nd GMAT Registration Fee | USD$275 |
| Enhanced Score Report | USD$30 |
| Additional Score Reports – 5 Nos. | USD$175 |
| TOTAL | USD$1204 – $1,304 |
The GMAT cost difference between Scenario 3 and Scenario 2 is USD$315($1204-$889), which is roughly equal to INR 23,000.
Three questions pop up at this time, which would help you reduce your GMAT preparation cost.
- How to avoid rescheduling and retaking the test?
- How many business schools should I apply to?
- Are there any GMAT fee waivers?
GMAT fees – Frequently asked questions
How to reduce the GMAT cost?
To reduce your GMAT cost you need to avoid rescheduling or canceling your GMAT. To avoid rescheduling and retaking the GMAT, what you need is a rock-solid plan, a plan that is personalized and created, taking into account your daily schedule. At e-GMAT, we are known for providing personalized study plans which not only help you schedule your test better but also help you ace the GMAT in your first attempt.
You can also register for our free Strategy Webinar, which will help you plan effectively for the GMAT. The first step of any successful GMAT strategy is making a study plan.
How many business schools should I apply to with GMAT?
It depends on your GMAT score. First, take a look at your target business schoolās average GMAT score of the last incoming batch. If your score is 20+ points above it, you should definitely target those schools.
When it comes to applications, there are three categories of Business Schools
- Reasonable ones (Your profile and GMAT score are a good fit)
- Optimistic ones (You are pushing your luck here, but there is a small chance of admission)
- Safety nets (You are almost sure of an admit)
Try applying to 2-3 schools of each category during application rounds. In calculating the cost of taking a GMAT, I have assumed you are applying to 10 business schools. GMAT sends five score reports for free. For every additional report, it charges USD$35 each.
Read more to know how to get into a top business school and how to get into Harvard Business School.
GMAT fees Waivers
GMAC does not offer fee waivers directly to students. Only the schools can distribute fee waivers, which are limited to 10 within a year for economically disadvantaged test takers. The definition of āeconomically disadvantagedā is as per the criteria set by individual schools. Here is a detailed article on GMAT fee waivers and how to get them.
Also learn about the application fee waivers given by business schools
Paying for your GMAT fees
The most common form of payment is through a credit card or Debit Card if you have registered online. If you have mailed a physical form, then you can also pay by Cashier’s check, Money order or Personal check. Payments by check should be payable in USD $ and drawn on banks located in the United States.
Now that you have understood that the GMAT fee of USD$275 is only a portion of the total GMAT cost, the next step is to prepare for the GMAT.
Are you planning to take the GMAT? Take a free GMAT mock to understand your baseline score and start your GMAT prep with our free trial. We are the most reviewed online GMAT Prep company, with 2500 reviews on GMATClub.
GMAT Fees FAQs
Taking the GMAT will cost you anywhere between $850 and $1,300. This cost includes the GMAT registration fees of $275 in 2023 and the preparation cost.
There are 4 sections in GMAT:
1. Quant
2. Verbal
3. Analytical Writing Assessment
4. Integrated Reasoning
Check out the GMAT Syllabus 2023 here.
The difference between GMAT and GRE is simple. if you want to do an MBA, take the GMAT and if youāre still confused about which masterās degree you want to earn, take the GRE. Both the tests differ on 6 factors:
1. Test Fees
2. Number of business schools accepting them
3. Test duration
4. Test design
5. Test structure
6. Scoring system
Check out this article to know in detail.
The basic difference between GMAT and CAT is that while CAT is a national level entrance exam, GMAT is a global exam accepted by over 2000+ business schools & 7000 graduate management programs worldwide.
GMAT registration fee is the same across the world i.e., $275 which is approx equal to INR 22,000 based on the exchange rate of 1 USD = 74 INR.
Yes, GMAT is a computer adaptive test. It adapts to the test taker’s ability level determined by the correct responses in previous questions.
The GMAT score is in the range of 200 to 800 and each GMAT score translates to GMAT percentile figure. The same is the case with GMAT scores of Quant, Verbal, IR, and AWA sections. For all these sub-sections your score will translate into a percentile. A score of 760 to 800 is 99 percentile and a score of 750 is 98 percentile. To know more, check out this article.
To register for the GMAT, log on to mba.com and follow this 7-step process.
Yes, definitely you can retake the GMAT. However, you have to wait for 16 calendar days. You can take the GMAT at most 5 times in a year and 8 times in a lifetime.
The duration of GMAT is 3 hours and 7 minutes.
