Home » News » GMAT to offer free access to standardised entrance test

GMAT to offer free access to standardised entrance test

Hundreds of business school aspirants around the world will have the opportunity to take the Graduate Management Admission Test ( GMAT) at no cost under a new programme from the nonprofit organisation that created and administers the exam. The initiative builds on an existing programme that helps people cover the cost of taking the GMAT. The new fee waiver programme permits business schools that use the GMAT to offer free access to the standardised entrance exam to a limited number of prospective students whose financial situations prevent them from paying the $ 250 fee on their own. The fee waiver programme is underwritten by the Graduate Management Admission Council ( GMAC), an international association of business schools that created the GMAT more than 50 years ago expressly to meet the unique requirements of management education programmes. Participating schools will determine rules to select people to receive the fee waivers.

“ The world needs talented managers,” said Julia Tyler, executive vice president of member services and school marketing for GMAC. “ The fee waiver programme reflects GMAC’s commitment to helping people with talent enter management education, whatever the candidates financial circumstances .