{"id":28573,"date":"2024-12-09T12:00:00","date_gmt":"2024-12-09T11:00:00","guid":{"rendered":"https:\/\/www.ie.edu\/uncover-ie\/?p=28573"},"modified":"2026-04-03T13:47:45","modified_gmt":"2026-04-03T11:47:45","slug":"why-the-gmat-is-important-and-how-to-prep-for-it","status":"publish","type":"post","link":"https:\/\/www.ie.edu\/uncover-ie\/why-the-gmat-is-important-and-how-to-prep-for-it\/","title":{"rendered":"GMAT prep courses: 8 options to improve your chances for business school admissions"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\"><\/span> <span class=\"rt-time\"> 5<\/span> <span class=\"rt-label rt-postfix\">min read<\/span><\/span>\n<p>If you want to be successful in business, it&#8217;s all about preparing the right things at the right time. Gaining access to the business school of your dreams is no different. With the GMAT still being the standard for business school <a href=\"https:\/\/www.ie.edu\/uncover-ie\/international-mba-admissions-process\/\" target=\"_blank\" rel=\"noreferrer noopener\">admissions<\/a>, you need to get ready with online material long before the application process begins. To help you out, we&#8217;ve compiled the best GMAT prep courses along with a link to our in-house guide for those applying to <a href=\"https:\/\/landings.ie.edu\/masterland-programs-in-business-management-cro?utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=AO-MAS-BUS-BMNG-ALLP-REGLR-PW-TIER1-ESP-SEM-BRA-LEAD&amp;utm_id=8301386093&amp;ad_group_id=146282458072&amp;ad_id=646791828659&amp;placement_id=&amp;network=g&amp;gclsrc=aw.ds&amp;gad_source=1&amp;gclid=Cj0KCQiAx9q6BhCDARIsACwUxu6L850cbq8JE93GbVd1lYhU6wqku6VJG1SdIjlwqhesizywVCG73REaAioSEALw_wcB\" target=\"_blank\" rel=\"noreferrer noopener\">IE Business School<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-is-the-gmat-exactly\">What is the GMAT?<\/h2>\n\n\n\n<p>The Graduate Management Admissions Test (<a href=\"https:\/\/www.mba.com\/exams-and-exam-prep\/gmat-exam\/what-is-the-gmat-exam-and-what-should-you-know\" target=\"_blank\" rel=\"noreferrer noopener\">GMAT<\/a>) is the standardized admissions exam that most business schools ask for. It&#8217;s computer-based test offered, all across the globe, and it&#8217;s key to accessing more than 7,000 business programs worldwide. The GMAT lasts around three hours and assesses quantitative reasoning, verbal reasoning, integrated reasoning and analytical writing skills. These are all significant factors in a candidate\u2019s potential for academic and professional success.<\/p>\n\n\n\n<p>While your GMAT score isn\u2019t the only factor that graduate schools consider, it plays a powerful role in the admissions process. Read on to see our top picks for GMAT prep courses and find out why GMAT preparation matters.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-gmat-prep-courses-that-you-can-take-online\">GMAT prep courses that you can take online<\/h2>\n\n\n\n<p>Here are a few of the best GMAT prep courses that you can take online:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-gmat-official-starter-kit\">1.\u00a0GMAT Official Starter Kit<\/h3>\n\n\n\n<p>Official <a href=\"https:\/\/www.mba.com\/exam-prep\/gmat-official-starter-kit-practice-exams-1-and-2-free\" target=\"_blank\" rel=\"noreferrer noopener\">GMAT prep materials<\/a> offer several options for test-takers on low budgets. Individuals can take the first two adaptive practice exams for free, which score tests with the same scoring algorithm as the actual GMAT exam.<\/p>\n\n\n\n<p>The evaluation also helps you clarify your strengths and weaknesses in the various testing categories, which can help you prioritise how to study. Plus, if you feel like you need any more practice, you can pay to take additional mock exams.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-ie-business-school-gmat-prep-courses\">2.\u00a0IE Business School GMAT prep courses<\/h3>\n\n\n\n<p>At IE Business School, we provide our very own <a href=\"https:\/\/www.gmat.ie.edu\/\" target=\"_blank\" rel=\"noreferrer noopener\">GMAT simulation tests<\/a> which are completely free. You can use these to get a feel for what the real thing is like and have an insight on the type of candidate we&#8217;re looking for.<\/p>\n\n\n\n<p>These simulations are available in Micro, Mini or Full GMAT and are enhanced for your ease and benefit<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-kaplan\">3.\u00a0Kaplan<\/h3>\n\n\n\n<p>We&#8217;d certainly recommend <a href=\"https:\/\/www.kaptest.com\/gmat\" target=\"_blank\" rel=\"noreferrer noopener\">Kaplan\u2019s GMAT prep course<\/a> due to its 140 hours of online classes and practice. It even allows candidates to sit a practice exam at an in-person testing center.<\/p>\n\n\n\n<p>This plan includes a &#8220;score higher&#8221; pledge which includes a refund if you don&#8217;t raise your baseline score. That&#8217;s a money-back guarantee that you should definitely bear in mind!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-manhattan-prep\">4.\u00a0Manhattan Prep<\/h3>\n\n\n\n<p>Choose Manhattan Prep for different learning formats that fit your personal needs. The Manhattan prep course includes 27 hours of GMAT classes along with six practice tests.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.manhattanprep.com\/gmat\/\" target=\"_blank\" rel=\"noreferrer noopener\">Manhattan Prep<\/a> also have tutors for private sessions, ultimately ensuring that you get exactly what you need to enhance your own skillset.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-magoosh\">5. Magoosh<\/h3>\n\n\n\n<p>Magoosh&#8217;s complete <a href=\"https:\/\/gmat.magoosh.com\/\">GMAT prep programs<\/a> have instruction and practice questions along with video lessions. It has a paid option for subscribers which includes score predictors and state-of-the art diagnostic tests.<\/p>\n\n\n\n<p>While you may not want to pay, some plans can offer up to six hours of online tutoring. Check it out for a rigorous, personalized learning method!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-veritas-prep\">6.\u00a0Veritas Prep<\/h3>\n\n\n\n<p>Enjoy the choice between self study and live class with <a href=\"https:\/\/www.veritasprep.com\/gmat\/\" target=\"_blank\" rel=\"noreferrer noopener\">Veritas Prep<\/a>. For those on the self-study program, video lessons and over 5,000 practice questions are accessible.<\/p>\n\n\n\n<p>You can also choose live online classes with up to 36 hours of instruction from specialized teachers. Check it out if you&#8217;re looking for GMAT prep courses that are rigorous and customizable.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-the-economist\">7.\u00a0The Economist<\/h3>\n\n\n\n<p>Choose from one of The Economist&#8217;s three course deals: essential, premium, and genius. Lasting 4-6 months, you&#8217;re guaranteed a 70-point increase or your money back.<\/p>\n\n\n\n<p>You also get a sweet added bonus of a free three-month digital subscription to The Economist magazine. What&#8217;s not to love about <a href=\"https:\/\/gmat.economist.com\/\">The Economist&#8217;s GMAT<\/a> prep deal?<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-8-prepscholar\">8.\u00a0PrepScholar<\/h3>\n\n\n\n<p>Go for <a href=\"https:\/\/gmat.prepscholar.com\/gmat\/s\/\" target=\"_blank\" rel=\"noreferrer noopener\">PrepScholar<\/a> if you need a personalized study plan with four computer-adaptive tests. They also have free e-books and lessons if you don&#8217;t want to break the bank.<\/p>\n\n\n\n<p>If you do choose premium, PrepScholar\u2019s five-day trial is a good way to dip your feet in the water without committing to that dreaded direct debit.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"should-i-consider-taking-the-gmat\">Should I consider taking the GMAT? <\/h2>\n\n\n\n<p>The short answer? Yes, absolutely! The GMAT will serve you during and well beyond the graduate admissions process.<\/p>\n\n\n\n<div class=\"wp-block-columns right-image is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"740\" height=\"480\" src=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it2.jpg\" alt=\"Why the GMAT is important and how to prep for it\" class=\"wp-image-28576\" srcset=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it2.jpg 740w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it2-300x195.jpg 300w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it2-150x97.jpg 150w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it2-585x379.jpg 585w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" id=\"the-gmat-or-an-equivalent-exam-is-required-for-admission-to-practically-all-business-and-management-programs-and-a-good-score-indicates-far-more-than-just-a-high-iq\">The GMAT or an equivalent exam is required for admission to practically all business and management programs, and a good score indicates far more than just a high IQ.<\/h3>\n<\/div>\n<\/div>\n\n\n\n<p>A solid GMAT score not only shows schools your critical reasoning skills\u2014it also demonstrates your drive to invest time and effort into a rigorous academic challenge, and to succeed. Plus, the fact that the test is computer adaptive\u2014meaning the questions differ for each test taker according to ability\u2014makes the GMAT particularly successful at matching students to programs that are the best fit for them.<\/p>\n\n\n\n<p>Even after you have your degree in hand, it\u2019s not uncommon for employers in industries such as finance and consulting to examine GMAT scores when weighing job candidates, sometimes even requesting the scores if you haven\u2019t already provided them on your CV.<\/p>\n\n\n\n<p>Whether you\u2019re just getting started with applications or pursuing a career post-graduation, the bottom line is clear: the GMAT gives you a competitive edge.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-do-business-schools-prefer-the-gmat\">Why do business schools prefer the GMAT?<\/h2>\n\n\n\n<p>The GMAT is unique because it has been specifically designed by and for business schools. It aims to help schools select the most qualified students and match them with the programs best suited to their skill sets. Although nearly all business schools in the USA and Europe now accept the GRE for MBA programs, manyof them say they prefer the GMAT. Why? The GMAT assesses skills that are considered to more accurately determine a student\u2019s success in a business-focused program, where they will encounter subjects such as strategy, finance and economics.<\/p>\n\n\n\n<p>Narrowing our focus specifically to business schools, statistics show that GMAT scores play an essential role in about 9 out of 10 MBA admissions decisions. This is not to say your GMAT score is the only factor that will determine your acceptance to a given program (the GMAT averages a weight of 22% in MBA application processes), but your score is certainly essential in increasing your appeal to universities. High GMAT scores may even help you qualify for scholarships.<\/p>\n\n\n\n<div class=\"wp-block-columns left-image is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" id=\"when-you-consider-the-exam-s-value-in-terms-of-real-world-business-skills-the-gmat-has-a-high-roi\">When you consider the exam\u2019s value in terms of real-world business skills, the GMAT has a high ROI.<\/h3>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"740\" height=\"480\" src=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it1.jpg\" alt=\"Why the GMAT is important and how to prep for it\" class=\"wp-image-28575\" srcset=\"https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it1.jpg 740w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it1-300x195.jpg 300w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it1-150x97.jpg 150w, https:\/\/www.ie.edu\/uncover-ie\/wp-content\/uploads\/2022\/01\/Why-the-GMAT-is-important-and-how-to-prep-for-it1-585x379.jpg 585w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p>As you prepare for the exam, you will be developing skills that will serve you during your graduate studies, your job search and in your future career.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"does-ie-business-school-require-the-gmat\">Does IE Business School require the GMAT?<\/h2>\n\n\n\n<p>At IE Business School, the GMAT is accepted across all programs, but is not always mandatory. Depending on your program, you may also be able to take the CFA, CAIA, or the IE Global Admissions Test.<\/p>\n\n\n\n<p>That being said, the GMAT does have its advantages over other alternatives, particularly when applying for master\u2019s programs in business, finance and management. A powerful GMAT score will help you land that acceptance letter and navigate the academics once you\u2019re enrolled. We recommend you visit your specific program page for further information regarding whether there is a specific mandatory or preferred exam.<\/p>\n\n\n\n<p>In addition to the main exam you choose to take, you will also need to demonstrate a certified level of English (TOEFL, IELTS, Cambridge or Pearson) and hold a personal interview with one of our admissions specialists.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-can-i-prep-for-the-gmat\">How can I prepare for the GMAT?<\/h2>\n\n\n\n<p>It is generally recommended to begin studying for the GMAT two to three months before your test date, and there are plenty of resources out there to get you ready for the big day, including official exam guides offered by the Graduate Management Admission Council. IE Business School also provides free <a href=\"https:\/\/www.gmat.ie.edu\/\" target=\"_blank\" rel=\"noreferrer noopener\">GMAT simulation tests<\/a> so you can get a feel for what the real thing will be like.<\/p>\n\n\n\n<div class=\"wp-block-columns banner h-banner banner-b is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading banner-title\" id=\"check-out-our-gmat-resources\">Check out IE Business School&#8217;s in-house GMAT prep courses<\/h3>\n\n\n\n<p class=\"banner-content\">Want to study with us? Take the free Micro, Mini or Full GMAT simulation tests from IE Business School and get your exam game on.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button banner-btn\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.gmat.ie.edu\/\" target=\"_blank\" rel=\"noreferrer noopener\">Learn More<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you want to be successful in business, it&#8217;s all about preparing the right things at the right time.<\/p>\n","protected":false},"author":56,"featured_media":35594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[335,1082],"tags":[451,916,431,483],"class_list":["post-28573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-admissions-programs","category-how-to-apply","tag-business-school","tag-finance-economics-and-trade","tag-master-in-finance","tag-masters"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.4 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>GMAT prep courses: 8 options to improve your chances<\/title>\n<meta name=\"description\" content=\"Business schools are still made about the GMAT. 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