Clearing GMAT exam

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Are you feeling relieved after completing the GMAT exam? Congratulations on reaching this milestone! However, your journey doesn’t end here. After receiving your GMAT scores, there are several important steps you need to take to ensure a smooth transition to the next phase of your academic and professional pursuits. In this comprehensive guide, we will walk you through the crucial actions to take after the GMAT exam, including understanding your score reports, considering additional score reports, preparing additional documents, crafting a strong Statement of Purpose (SOP) and Letter of Recommendation (LOR), evaluating the option of a GMAT retake, and planning for the financial aspects of your graduate program.

Understanding Your GMAT Score Reports

Once you complete your GMAT exam at the test center, you will receive three types of score reports: the unofficial score report, the official score report, and the GMAT enhanced score report. The unofficial score report provides you with your raw, estimated scores immediately after the exam. You have two minutes to accept or cancel these scores. If you accept them, the official scores will be sent to the universities you have authorized. However, if you are unsatisfied with your scores, you have the option to cancel them. Cancelled scores do not appear on your score report, and the GMAC will not send them to your score recipients.

The official GMAT score report, which includes your total GMAT score, percentile rank, and individual section scores, will be sent to you and your authorized universities approximately 20 days after the exam. This report is essential for your university applications and should be carefully reviewed.

Considering Additional Score Reports

After receiving your official GMAT scores, you might want to consider applying to additional universities if you believe you have a higher chance of admission based on their cutoff scores. To do this, you can request additional score reports for a fee of $35 per report. Keep in mind that once you list a university as a score recipient, you cannot remove it, so choose your options wisely. Additional score reports usually take about a week to reach the universities, so make sure to check their application deadlines.

Preparing Additional Documents

In addition to your GMAT scores, most universities require you to submit various documents as part of your application. These may include official transcripts, copies of ID proof, financial statements, your CV, certificates, and an official acceptance letter. It is crucial to thoroughly review the official websites of the universities you are applying to and ensure that you have all the necessary documents ready. Some universities may require you to upload digital copies, while others may require physical copies to be sent by mail. Pay close attention to the specific requirements of each institution.

Crafting a Strong SOP and LOR

While your GMAT score is an essential factor in your university application, other elements, such as your Statement of Purpose (SOP) and Letter of Recommendation (LOR), play a significant role in distinguishing you from other candidates. Your SOP should be well-structured and compelling, highlighting your motivations, goals, and relevant experiences. It is advisable to seek guidance from professors or managers who can provide valuable insights and draft a strong LOR for you. A well-drafted SOP and LOR can significantly enhance your chances of admission.

Evaluating the Option of a GMAT Retake

If you are not satisfied with your GMAT score and are considering a retake, it is important to plan accordingly. The GMAC allows you to retake the GMAT, but you must wait at least 16 days between exams. You can take the GMAT up to five times in a year and a maximum of eight times in your lifetime. Before deciding to retake the exam, carefully evaluate your performance and identify your weak areas. To help you prepare effectively for a retake, you can purchase the GMAT Enhanced Score Report (ESR) for an additional fee of $30. The ESR provides a detailed overview of your performance and can guide your study plan.

Planning for the Financial Aspects of Your Graduate Program

Once you have submitted your university applications, it is crucial to consider the financial aspects of your graduate program. Pursuing a master’s degree, whether in your home country or abroad, can be expensive. Conduct thorough research on the costs of living, accommodation, tuition fees, and miscellaneous expenses associated with your chosen program, university, and location. Visit the official websites of the universities you are interested in to explore scholarships and financial aid opportunities for which you may be eligible. Additionally, consider options such as bank loans, study loans, or personal financing to help ease the financial burden.

Conclusion

Completing the GMAT exam is a significant achievement, but it is only the first step in your journey towards securing admission to a top business school. After receiving your GMAT scores, it is crucial to take the necessary actions to ensure a successful application process. Understand your score reports, consider additional score reports if necessary, prepare additional documents, craft a compelling SOP and LOR, evaluate the option of a GMAT retake, and plan for the financial aspects of your graduate program. By following these steps, you will be well-prepared to navigate the next phase of your academic and professional pursuits. Good luck!

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