What is the GMAT?
The Graduate Management Admissions Test (GMAT) is a computer-adapted exam required by most graduate business schools used to test the applicant’s basic verbal, mathematical and analytical writing skills. Although the GMAT does not specifically test a student’s knowledge of business related material, it is an exam reserved for business schools only. The University of Tulsa does not accept the GRE in lieu of the GMAT.
Is the GMAT required for application?
Applicants to the MBA and MAcc programs with a master's degree from an AACSB accredited institution are not required to submit a GMAT score. Applicants to the MEB program may apply for a GMAT waiver, based on previous work or educational experience. MSF applicants may submit a GMAT or a GRE score.
Why is the GMAT important?
Research suggests that the exam is an accurate indicator in determining whether or not an individual will be successful in business school. The faculty at The University of Tulsa has found it to be a good tool for retention, as well. Additionally, the exam is your assurance that all students in the classroom are at a similar skill level.
How do I prepare for the GMAT?
There are two areas you need to prepare for — content and strategy. The content of the GMAT can be found online at MBA.com. Once you register to take the exam, you will receive free software in the mail, too. Students at The University of Tulsa suggest this has been the most effective study guide. (You will want to register for the exam in plenty of time to receive the software and study with it before taking the test.) Learning the strategy for taking the exam is just as important as the content. Companies such as KAPLAN and Princeton Review offer study guides and courses to help you prepare to take the exam. Just like any standardized test, it is tricky, but not unbeatable! You should allow a minimum of eight weeks to prepare for the exam.
What else should I know?
The GMAT costs $250.00. It can be taken up to five times a year but only every 31 days. You may take the exam more than one time; we do not consider any score except your highest one. You must register for the exam online at MBA.com. It is offered most days of the week and you should allow four hours to take it. You will receive your unofficial composite score immediately, followed by a hard copy in the mail.