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GMAT Fee and cost: Fees in India, US, UK, Europe, Rest of the world

The GMAT exam fee in India and United States is $275. But, this is not the only cost you will incur. Your GMAT registration fee is more than $275 because other services like rescheduling, cancellation, ESR, 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 20,000, whereas the GMAT fee in the UK is £225 (approx. $300). 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?

No, the cost of taking the GMAT exam either in-center or at-home remains the same depending upon your location. So, the cost of the GMAT online exam in India and the United States is $275, whereas in the United Kingdom it is $300. However, for the at-home GMAT exam, you can send your scores to unlimited business schools free of cost, thus, you do not incur any additional score report cost which is approx. $35 each.

To know more about how much the GMAT costs in your location 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:

Different costs associated with the GMAT

There are many costs associated with the GMAT 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 we’ll state those costs in the next section.

Cost of GMAT across the world - Different kind of fees associated with GMAT

GMAT fees and cost in India

You’ll have to pay in USD to register for the GMAT in India. The registration fee is $275, which translates to approximately INR 20,000 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 GMAT Fees amount
GMAT Registration fee in India US$275
Enhanced Score Report  US$30
Additional Score Report  US$35 each
Cancel score (online after you leave the test center)   US$25
Reinstate score  US$50
AWA Essay Rescoring  US$45
Reschedule Fees 
More than 60 days before the appointmentUS$50
15-60 days before the appointmentUS$100
14 days and less before the appointmentUS$150
Cancellation Fees 
More than 60 days before the appointmentUS$100 refund
15-60 days before the appointmentUS$75 refund
14 days and less before the appointmentUS$50 refund

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 2200+ reviews on GMATClub, as on 15th November 2021.

GMAT 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 you’ll incur while taking the GMAT in the US:

GMAT Fee Category GMAT Fees amount
GMAT Registration fee US$275
Enhanced Score Report  US$30
Additional Score Report  US$35 each
Cancel score (online after you leave the test center)   US$25
Reinstate score  US$50
AWA Essay Rescoring  US$45
Reschedule Fees 
More than 60 days before the appointmentUS$50
15-60 days before the appointmentUS$100
14 days and less before the appointmentUS$150
Cancellation Fees 
More than 60 days before the appointmentUS$100 refund
15-60 days before the appointmentUS$75 refund
14 days and less before the appointmentUS$50 refund

GMAT fees and cost in the UK

To take the GMAT in the UK, you’ll have to pay a few costs in GBP and others in USD. For example, the GMAT registration fee in the UK is £225, but if you want to buy additional score reports you’ll have to pay $35 for each report. The below table highlights those costs:

GMAT Fee Category GMAT Fees amount
GMAT Registration £225 
Enhanced Score Report (purchased at the time of registration) £24 
Reschedule Fees 
More than 60 days before the appointment £45
15-60 days before the appointment £85 
14 days or less before the appointment £125
Cancellation Fees 
More than 60 days before the appointment £85 refund
15-60 days before the appointment  £70 refund
 14 days or less before the appointment £45 refund
Additional Score Report US$35 each
Cancel score (online after you leave the test center)  US$25
Reinstate score  US$50
AWA Essay Rescoring  US$45

GMAT fee and cost in Eurozone countries

If you’re someone in a Eurozone country, you’ll 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  €250, but if you want to buy additional score reports you’ll have to pay $35 for each report. The below table highlights those costs:

GMAT Fee Category GMAT Fees amount
GMAT Exam FeesFees
GMAT Exam Registration €250
Enhanced Score Report (purchased at time of registration) €26
Reschedule Fees 
More than 60 days before the appointment €50
15-60 days before the appointment €100 
14 days or less before the appointment €150
Cancellation Fees 
More than 60 days before the appointment €100 refund
15-60 days before the appointment  €75 refund
14 days or less before the appointment €50 refund
Additional Score Report  US$35 each
Cancel score (online after you leave the test center)   US$25
Reinstate score  US$50
AWA Essay Rescoring  US$45

GMAT fees and cost in Non-Eurozone countries

If you’re someone in a Non-Eurozone country, you’ll 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 Product or Service FeesCost
GMAT Exam US$285
Enhanced Score Report  US$30 
Additional Score Report  US$35 each
Cancel score (online after you leave the test center)   US$25
Reinstate score  US$50
AWA Essay Rescoring  US$45
Reschedule Fees 
More than 60 days before the appointment US$55
15-60 days before the appointment US$115 
14 days and less before the appointment US$170
Cancellation Fees 
More than 60 days before the appointment US$115 refund
15-60 days before the appointment US$85 refund
14 days and less before the appointment US$55 refund

GMAC has changed its reschedule fee policy. Here are complete details

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 2200+ reviews on GMATClub, as on 15th November 2021.

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 –

  1. GMAT Registration Fee
  2. GMAT Preparation Course fee
  3. Rescheduling the test (if, required)
  4. Taking the GMAT
  5. Cost of Retaking the GMAT (if, required)
  6. Requesting additional score reports
  7. 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 in the first attempt, and applies to 10 chosen business schools. In this case, he/she will incur the following cost:

GMAT Cost categoriesGMAT fees
GMAT Registration FeeUSD$275
GMAT Preparation Course FeeUSD $399
Additional Score Reports – 5 Nos.USD$175
TOTALUSD$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 in the first attempt, and applies to 10 chosen business schools. In this case, he/she will incur the following GMAT cost:

GMAT Cost CategoriesGMAT fees
GMAT Registration FeeUSD$275
GMAT Preparation Course FeeUSD$399
Reschedule AppointmentUSD$50, 100, 150
Additional Score Reports – 5 Nos.USD$175
TOTALUSD$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, 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.

Here is a 5-step strategy for a successful GMAT retake.

To assess the last GMAT attempt, he/she buys the Enhanced Score Report (ESR) and, in 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 CategoriesGMAT fees
GMAT Registration FeeUSD$275
GMAT Preparation Course FeeUSD$399
Reschedule AppointmentUSD$50, 100, 150
2nd GMAT Registration FeeUSD$275
Enhanced Score ReportUSD$30
Additional Score Reports – 5 Nos.USD$175
TOTALUSD$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.

  1. How to avoid rescheduling and retaking the test?
  2. How many business schools should I apply to?
  3. 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.

Take a look at our article series on Study plans

How many business schools should I apply with GMAT?

It depends on your GMAT score. First, take a look at your target business school’s average GMAT score of the last incoming batch. If your score is 20+ points above it, you should definitely target those schools.

GMAT-fees-how-many-b-schools-should-i-apply-to

When it comes to applications, there are three categories of Business Schools

  1. Reasonable ones (Your profile and GMAT score are a good fit)
  2. Optimistic ones (You are pushing your luck here, but there is a small chance of admission)
  3. 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 ‘economically disadvantaged’ 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

How to pay 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 2200+ reviews on GMATClub, as of 15th November 2021.

GMAT Fees FAQs

How much does the GMAT Cost?

Taking the GMAT will cost you anywhere between $850 and $1,300. This cost includes the GMAT registration fees of $275 in 2021.

How many sections in GMAT?

There are 4 sections in GMAT:
1. Quant
2. Verbal
3. Analytical Writing Assessment
4. Integrated Reasoning
Check out the GMAT Syllabus 2021 here.

What is the difference between GMAT and GRE?

The difference between GMAT and GRE is simple. if you want to do an MBA, take the GMAT and if you’re still confused about which master’s 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.

What is the difference between CAT and GMAT?

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.

What is the GMAT cost in India?

GMAT registration fee is the same across the world i.e., $275 which is approx equal to INR 20,000 based on the exchange rate of 1 USD = 74 INR.

Is GMAT a computer adaptive test?

Yes, GMAT is a computer adaptive test. It adapts to the test taker’s ability level determined by the correct responses in previous questions.

What does GMAT score and percentile mean?

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.

How should I register for the GMAT?

To register for the GMAT, log on to mba.com and follow this 7-step process.

Can I retake the GMAT?

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.

What is the duration of the GMAT?

The duration of GMAT is 3 hours and 7 minutes.

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