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The total GMAT score ranges from 200 to 800 and measures performance on the quantitative and verbal sections together (performance on the AWA and IR sections do not count toward the total score, those sections are scored separately). Scores are given in increments of 10 (e.g. 540, 550, 560, 570, etc.). From the most recent data released by GMAC, the average GMAT score of all test takers is about a 540. The higher a test taker's score is, the higher their level of ability was on the GMAT. Business schools place their emphasis on the test taker's combined quantitative and verbal score because it is this score that gets reported when the schools publish their class profiles of the students they admit into their program. The higher the school's average GMAT score is, the more selective that school is said to be.
The score distribution resembles a bell curve with a standard deviation of approximately 100 points, meaning that 68% of examinees score between 440 and 640. More precisely, the mean score is 545.6 with a standard deviation of 121.07 points.
The final score is not based solely on the last question the examinee answers (i.e. the level of difficulty of questions reached through the computer adaptive presentation of questions). The algorithm used to build a score is more complicated than that. The examinee can make a mistake and answer incorrectly and the computer will recognize that item as an anomaly. If the examinee misses the first question his score will not necessarily fall in the bottom half of the range.
All scores and cancellations in the past five years will be on a student's score report, a change from the previous policy of the last three scores and cancellations being kept on the score report.
Registration and Preparation
Test takers may register for the GMAT either online at mba.com or by calling one of the test centers.To schedule an exam, an appointment must be made at one of the designated test centers. The GMAT may not be taken more than once within 31 days, even if the scores are canceled. Official GMAT exam study materials are available on the mba.com online store and through third-party vendors. The cost of the exam is US $250.
There are test preparation companies that offer GMAT courses. Many test preparation companies have gone on record stating noteworthy GMAT results, including average or guaranteed score increases over 90 points. Other available test preparation resources include university text books, GMAT preparation books, sample tests, and free web resources.
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