By Zeke Lee

The GMAT is offered on what dates?

There is no specific date (like there is for the SAT) that you must take the GMAT. So you have the liberty of scheduling a date and time for your testing at the nearest testing administration site.

Great. So when should I take the GMAT then?

Perhaps the best time to sit for your GMAT is while you are still in university, or shortly post-graduation. Remember, as you gain more real world experience, you lose the test-taking intuition that you used to have when you were in school. Taking an intensive test like the GMAT 5 years after your last rigorous exam can be quite challenging. Test-taking intricacies like operating in a time pressured environment, reading through answer choices, marking answers, and dealing with psychological issues are second nature to you when you are in school, but they become quite unfamiliar the longer you wait after college. You want to minimize this risk by taking the exam during the summer after graduation or the summer between your junior and senior year-this is the ideal time. Remember, the GMAT exam is valid for 5 years. If you have any intention of applying for business school sometime in the next 5 years, you should take it at your earliest convenience.

Well, what if I've been away from college for many years--did I miss the boat? What should I do?

Don't worry. You didn't miss the boat! A lotof people haven't taken their GMATs yet. You might not be used to the pressures of test taking so will need to pay extra attention to doing several practice exams mimicking exam-like conditions.

What do you mean by exam-like conditions?

I mean instead of just going through questions on a practice exam bit by bit, you should schedule an entire morning or afternoon to take the exam with a timer. Especially with the Computer Adaptive Test (CAT) format of the exam, you should take these practice exams AS IF it were the real thing, at least several days before your real exam and preferably earlier.

What else should I take into account?

If you are thinking about the GMAT, chances are you have a busy life. When applying to business school, you will need to dedicate time not only to your job, but also any extracurricular activities or initiatives you are pursuing. Part of an organization that holds ambitious yearly events? Put some time and effort and participate on the board in a leadership position. Itching for a promotion at your job so you can put it in your Bschool application? You'll need to put in the time and effort. You'll also need to budget time for researching/visiting schools and writing those dreaded essays. And of course, you want a social life and time with your family. The GMAT is the LAST thing you want to worry about when juggling all these things. That's why it is best to get it out of the way.

Should I study first and then schedule the exam or schedule the exam and then study?

This is a personal preference. I would recommend you to schedule the exam a few months in advance when you intend to take it. Pay the $250 (yes, not cheap) it costs to take the exam so that you are invested into the exam-forcing you to study. Otherwise, if you casually study for the exam, you may never progress anywhere.

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