In India, the GMAT costs $250. (INR 18300). The GMAT registration fee varies by nation. Candidates can pay for various services such as rescheduling costs, cancellation fees, and additional test report forms in addition to the GMAT expenses. Candidates should keep in mind that some banks do not remember debit card transactions unless the merchant is confirmed by Visa or Mastercard Secure when paying GMAT exam costs in India. During the transaction, candidates must enter a pin number.

Additional GMAT Fees

GMAT has a number of processes and charges, including:

• GMAT Registration Fee

• GMAT Application Fee

• GMAT Reschedule Fee

• GMAT Cancellation Fee

• Additional score reports

• Score cancellation after leaving the GMAT test centre

• Score reinstatement

• AWA essay rescoring

• GMAT preparation cost

These are the standard GMAT fees associated with the GMAT exam. But here's the question: are GMAT fees the same in every country? No, and we're going to talk about it right now.

GMAT Fees Around the World

In India, there are a few unique aspects to GMAT expenses. To begin, the GMAT registration price is $250, or Rs. 18,300 in Indian rupees. Are you curious as to why we referenced the dollar? This is due to the fact that GMAT fees must be paid in US currency when taking the exam in India.

Furthermore, the breakdown of fees for GMAT Fees in India 2021 is as follows:

The aforesaid division of exam fees will assist the student grasp the GMAT exam fees in a clear manner.

GMAT Cost in the US

If you are taking the GMAT in the United States, you will notice a little difference in the GMAT registration fee, which is now $275. The additional information will assist students in properly handling the GMAT pricing structure.

The above cost distribution will help the candidates understand the GMAT fees clearly.

GMAT Fees in the UK

The UK GMAT cost’s structure should be recognised because there will be a few payments that must be paid in GBP and a few in US$. Let's look at the GMAT cost in more detail to better comprehend this.

Now, this will help the students get hold of every detail about the GMAT cost.

GMAT Fees in the Europe Eurozone Countries

Greece, Austria, Belgium, Luxembourg, Spain, Portugal, Germany, Ireland, Italy, and others are members of the Eurozone. If you live in one of these countries or want to take the GMAT there, you should be aware that a portion of the fees must be paid in euros, with the remainder in US dollars. The GMAT registration fee, like the previous one, will be €250, with enhanced score reports costing US$ 35 per.

GMAT Fees in Non-Eurozone countries

Non-Eurozone nations are those that do not use the Euro as their official currency, such as Denmark, Czech Republic, Hungary, Poland, Romania, Sweden, Bulgaria, Croatia, and others. The GMAT fees are paid in US dollars, and there isn't enough money left over.

The process to calculate GMAT Cost

After learning the cost distribution, the procedure of computing the GMAT cost is the next item to grasp. It also involves the following steps:

• GMAT registration fee

• GMAT prep course fee

• GMAT rescheduling fee (if needed)

• Taking the GMAT

• Retaking the GMAT

• Requesting an additional score report

• Applying to the business schools of your choice

Situation 1 – When the first attempt is successful

Here, the candidate pays the GMAT registration fee, follows the GMAT preparation suggestions, does not reschedule the exam, and receives a very high score on the first attempt. They next submit applications to their top ten business schools.

As a result, the candidate will have to pay –

• A US$250 GMAT registration fee

• A US$349 GMAT preparation course

• 5 nos. of US$ 175 additional score report

• Total of US$ 774

Situation 2 – When the candidate opts for rescheduling and take the test once

In this scenario, the student pays the GMAT registration cost, prepares for the exam by using GMAT practise papers, reschedules the exam by paying the GMAT reschedule fee, and aced it on the first try.

• A $250 GMAT registration cost

• A $349 GMAT preparation course

• A $50, $100, or $150 GMAT rescheduling charge

• Additional score reports (US$175) - 5 nos.

• The total cost is between $824 and $924.

Situation 3 – when the candidate reschedules and retakes the GMAT

In this case, the candidate reschedules the exam, takes it at their designated exam centre, but fails to meet the goal score. As a result, they retake the GMAT.

Situation 4 – when the candidate retakes the GMAT exam

The candidate purchases the upgraded score report to examine the most recent GMAT exam. They get the desired score on their second attempt and proceed to apply to their top ten business schools.

• A GMAT registration charge of $ 250

• A GMAT preparatory course fee of $349

• A GMAT reschedule fee of US$ 50,100,150

• A second GMAT registration fee of US$ 250

• An enhanced score report of US$ 30

• An additional score report of US$ 175

Finally, after researching the GMAT exam fees in India 2020, the United Kingdom, the United States, and elsewhere, it can be concluded that it is advantageous for students to participate.