Are you taking the GMAT exam? Wondering if you can reschedule or cancel the exam? Here is everything you need to know about rescheduling and cancelling the GMAT. Before we begin, let us take a quick look at the GMAT
About GMAT
The Graduate Management Admissions Test (GMAT) is taken by those who are keen on pursuing a management degree such as an MBA. The GMAT is a standardised, computer-based examination that is conducted by the Graduate Management Admissions Council (GMAC). If you want to appear for the GMAT, you need to register for it on the official website, mba.com. However, before you register for the exam, you must be familiar with the eligibility for GMAT exam. If you are eligible, you can register for the GMAT by creating a profile on the official website.
GMAT Registration
The registration process for the GMAT is rather simple. You need to first create a profile on the official website. Once you have created the profile, you need to add the necessary details. The next step would be to choose an exam date and test center. There are no specific GMAT exam dates as the GMAT is available all through the year. Hence, you can pick an exam date at your convenience. After choosing your exam date, you will be required to select a test center. You can choose a test center in your nearest vicinity. The last step of the GMAT registration process is to make the payment. The cost of the GMAT exam is $213, which is approximately 15,871 INR. Once you have made the payment, you have successfully registered for the GMAT.
Can I Reschedule or Cancel the GMAT Exam?
Most students are unable to appear for the GMAT on the scheduled date due to prior commitments or unforeseen circumstances. In such a scenario, you can reschedule or cancel your GMAT exam at an additional cost on the official GMAT website. The cost of rescheduling or cancelling the GMAT exam varies based on how many days prior you are choosing to reschedule or cancel the examination. Let us take a look at the additional costs of rescheduling and cancelling the exam as stated below.
| Rescheduling Date | Additional Cost |
| More than 60 days prior to appointment | $50 |
| 15 to 60 days prior to appointment | $100 |
| 14 days prior to appointment | $150 |
Similarly, if you choose to cancel your GMAT examination, you can do so. However, only a part of the total GMAT fee will be refunded. The amount that is refunded to you also varies based on when you choose to cancel the examination.
| Cancellation Date | Refunded Amount |
| More than 60 days prior to appointment | $50 |
| 15 to 60 days prior to appointment | $100 |
| 14 days prior to appointment | $150 |
As you can see, the later you cancel the GMAT, the amount refunded decreases. Similarly, the later you choose to reschedule the GMAT, the additional cost of rescheduling increases. While you can reschedule or cancel the GMAT as need be, it is important to note that no changes can be made 24 hours prior to your exam date. Additionally, if you do not appear for the GMAT on the scheduled date, your entire fee stands forfeited.
We have given you a brief overview of the registration process, how you can reschedule or cancel the GMAT exam if the scenario requires it, and the additional costs involved in doing so. Now that you are aware of all this information, you can make a well-informed choice. All the best!
