GMAT Exam Fees 2025: What is the GMAT Exam Fee in India?

The GMAT, a highly regarded computer-adaptive entrance test, is crucial for aspiring business school students worldwide. This 2-hour, 15-minute test includes three sections: Verbal Reasoning, Quantitative Reasoning, and the newly added Data Insights. The GMAT is not just a test but an investment in your future business career. In India, many candidates focus only on the basic GMAT exam fees and often overlook additional costs such as rescheduling and cancellation charges. When you stay informed about these expenses, you save both time and money as you plan your journey to business school.

Key Highlights:

• The GMAT exam fee in India is USD 275 (INR 23,479) for the in-person test and USD 300 (INR 25,613) for the online test.
• The GMAT reschedule fee ranges from USD 55 to USD 165 for test centre appointments and USD 60 to USD 180 for online exams, depending on when you reschedule, from over 60 days to just 14 days before your test date.
• Candidates can get a refund for GMAT cancellation ranging from USD 110 to USD 55 for test centre and USD 120 to USD 60 for online exams, depending on whether they cancel 60 to 14 days before the test.
• Candidates can request an additional GMAT score report by paying a fee of USD 35 (INR 2,989) per report.
• The GMAT exam fees is non-refundable once paid.

This article provides a comprehensive overview of all the costs associated with the GMAT exam, helping you make informed decisions and budget accordingly.

What is the GMAT Exam Fee in India for 2025?

To register for the GMAT in India, candidates have to pay a GMAT exam fee of USD 275 (INR 23,479) for tests taken at a test centre and USD 300 (INR 25,613) for the online exam.

GMAT appointments cannot be cancelled or rescheduled within 24 hours of the scheduled test date.

Here’s a breakdown of the GMAT exam fees and the additional costs associated with them:

Note: Effective 31st March 2023, as per government budget guidelines, 18% GST will be additionally applicable.

GMAT Cancellation Fees

GMAC now follows a three-tier cancellation policy for the GMAT, based on how early you cancel the exam. If you cancel more than 60 days before your test date, you’ll receive a refund of USD 110 for the test centre and USD 120 for the online exam. If you cancel 15 to 60 days in advance, the refund drops to USD 80 for the test centre and USD 90 for the online version. For cancellations made 14 days or less before the appointment, you'll get a refund of USD 55 for the test centre and USD 60 for the online exam.

Note: You cannot cancel or reschedule your GMAT exam within 24 hours of the scheduled date and time.

Here’s a detailed breakdown of the GMAT cancellation fee and policy:

GMAT Reschedule Fees

You can reschedule your GMAT exam by paying a rescheduling fee, which depends on how early you make the change. If you reschedule more than 60 days before your test date, the fee is USD 55 for the test centre and USD 60 for the online exam. If you reschedule 15 to 60 days before the appointment, you’ll have to pay USD 110 for the test centre and USD 120 for the online version. For changes made 14 days or less before the test date, the fee increases to USD 165 for the test centre and USD 180 for the online exam.

The table below gives an overview of the current GMAT rescheduling fees and policies to help you make an informed decision.

GMAT Exam Fees: Reschedule Policy

Candidates should know how to reschedule the GMAT exam if their exam date changes. The following points outline a description of the GMAT rescheduling policy to ensure knowledge of what is involved in making decisions concerning the scheduling of exams, including GMAT fees:

• You can cancel or reschedule your GMAT Exam (GMAT Focus Edition) appointment up to 24 hours before the scheduled appointment.
• The GMAT registration fee, along with the fees for rescheduling, cancellations, and refunds, depends on when you make the request and the local laws in your area. 
• In case you do not turn up for your GMAT exam, you will need to wait another 24 hours to schedule a new appointment. An appointment less than 24 hours away cannot be cancelled or rescheduled.
• If you do not cancel or reschedule your exam more than 24 hours in advance, you will lose the entire exam fee.

Suggested: How to Prepare for the GMAT Exam?

GMAT Exam Fees: Accepted Modes of Payment for Registration 

While paying the GMAT form fees, GMAC accepts convenient payments from VISA, Mastercard, American Express, and Discover Network cards. However, if your card payment is declined, your appointment will be automatically cancelled, and you’ll need to reschedule the test using a valid payment method.

For those who prefer alternative methods, cash, money orders, and cheques are also accepted. However, please ensure the following:

• Your payment is payable to Pearson VUE-GMAT in US dollars, drawn on a US bank, and covers the full amount, including any applicable taxes.
• The cheque includes the current date, your signature, and the pre-printed bank name and location.
• Your payment is drafted at least 10 days before your test date to allow for processing.

GMAT Exam Fees Across Different Countries

Whether you’re taking the GMAT in India or other parts of the world, it’s important to understand the fee structure because every cent counts. Once you’re acquainted with how the costs differ, it’ll be easier for you to go about your GMAT-taking process. 

Let’s discuss the GMAT exam fees in the rest of the world: 

GMAT Exam Fees in the USA

If you’re taking the GMAT in the US, your in-person test centre exam fee will be USD 275, whereas if you take it online, it will be USD 300. To register for the GMAT in the USA, you need to create an account on MBA.com, similar to how you do it in India. 

Here’s an overview of the GMAT exam fees in the USA:

GMAT Exam Fees in European Countries 

The GMAT exam fees in European countries are similar to those in the US and India. Although in Europe, the cost may be USD 285, but then it depends on the currency conversions. Make sure you check the final cost before making the payment. 

Here’s an overview of the GMAT exam fees in European countries:

GMAT Exam Fees in Non-European Countries

The GMAT exam fees in non-European countries may differ a bit, depending on the country you’re taking the exam from. In non-European countries, the standard GMAT fee is USD 285 (but in India it’s USD 275). Check the official website - mba.com, for the exact GMAT fees in your country.

Here’s an overview of the GMAT exam fees in non-European countries:

GMAT Fee Waiver

The GMAT exam fee waiver is a great opportunity for students facing financial difficulties, offering relief from the exam fees. However, it’s important to note that the process is not as simple as applying directly to GMAC. Instead, business schools play a crucial role in determining eligibility and distributing the waivers.

Let’s now understand the eligibility criteria for the GMAT fee waiver and the application process:

GMAT Fee Waiver Eligibility Criteria

The GMAT fee waiver is a valuable option for students from financially underprivileged backgrounds, helping to reduce the financial burden of taking the exam. However, while anyone can apply for the waiver, GMAC doesn’t allow direct applications. Instead, it's the business schools that determine the eligibility and grant the fee waivers.

Here's a quick look at how GMAT exam fee waivers work:

• GMAC allows business schools to decide who is eligible for a fee waiver.
• Schools can request up to 10 fee waivers per year.
• Each school sets its own criteria for financial need.
• Applicants must prove their financial need to the school.
• Either the candidate's undergraduate institution or MBA program can request the fee waiver on their behalf.
• Candidates should check with the school’s financial aid department to confirm eligibility.
• Schools decide both the eligibility and the amount of the fee waiver.
• A financial need statement explaining why the candidate cannot afford the GMAT fee is required for the application.

How to Apply for GMAT Fee Waiver?

GMAT exam Fee waivers need to be requested by a Director or similar position and are only available to programs that accept GMAT scores. The application process for GMAT fee waivers involves several steps, and it’s essential to follow the school’s guidelines to increase your chances of approval.

Here's how to apply:

• Check with the School: Before applying for the fee waiver, reach out to the financial aid department of the business school to confirm if they offer GMAT fee waivers and understand their specific criteria.
• Submit a Financial Need Statement: You’ll need to provide a detailed financial need statement explaining your economic situation and why you cannot afford the GMAT exam fee.
• Request Through the School: As an applicant, you cannot directly request a fee waiver from GMAC. The request must be made by a Director or similar authority from the school or program you're applying to.
• Provide Required Documentation: Be prepared to submit any required documents such as proof of financial hardship, academic records, or other supporting materials that may help justify your request.
• Wait for School Approval: Once submitted, the school will review your application and determine whether to approve your GMAT fee waiver request. They will also decide the amount of the waiver if granted.

Scholarships to Finance GMAT Exam Fees

More than 30% of the students cite financial considerations to be the primary reason for choosing a business school. Pursuing an MBA doesn’t come cheap, which is why it’s important to sort out your finances. Thankfully, many B-schools, including the M7 schools (Harvard, Stanford, Wharton, and others), offer GMAT scholarships for international students. 

Here’s a list of top GMAT scholarships you can apply to finance your exam fees:

About GMAT Exam 2025

The GMAT is known for its wide range of question types, making it a challenging test for business school applicants.

To understand this effectively, here are some crucial points to consider before you start your GMAT journey:

• Target score: For international students, understanding the GMAT's scoring range (205-805) is crucial before diving into research. Aim for a score that aligns with your target school's requirements.
• Focus on core skills: The GMAT doesn't assess communication, social, leadership, or teamwork skills. It primarily focuses on quantitative, verbal, and data insights.
• Schedule wisely: Plan your attempts strategically. You can take the GMAT up to 5 times per year, with a lifetime limit of 8 attempts.
• Global reach: The GMAT is accepted by over 7,700 programs at 2,400 universities in 114 countries. Testing is available at more than 600 centres worldwide, offering global opportunities.
• Fairness and inclusivity: International experts curate the test questions, incorporating multicultural examples to minimise bias towards English speakers or US-centric perspectives.

How to Register for the GMAT Exam?

Registering for the GMAT is a straightforward process, and you have two options for taking the exam: online or at a test centre. Here's a step-by-step guide for registering for the GMAT:

Step 1: Create an account on Mba.com. This is the official website for the GMAT, and it's required for scheduling and managing your exam. Simply click “Register” and follow the prompts to create your account.

Step 2: Decide whether you'd prefer to take the GMAT online or at a test centre.

Step 3: Provide basic information like your name, contact details, and educational background.

Step 4: Select your desired date and time from the available options.

Step 5: Pay the registration fee. The standard fee for the GMAT at a centre is USD 275 or INR 23,479, and for the online GMAT, it's USD 300 or INR 25,613 The payment can be made using credit or debit cards.

Step 6: After registering, you'll receive a confirmation and access to study resources on Mba.com.

Suggested: Find out how to register for the GMAT exam 2025 with our step-by-step guide.

From the Desk of Yocket

Understanding the cost of GMAT exam in India is crucial when planning your exam strategy. You need to be well-prepared, not just academically but financially as well. As discussed, the exam costs go beyond the registration fee, with potential charges for rescheduling or cancellation. To support your study efforts, Yocket Prep offers customised resources to guide you through the exam, helping you optimise your preparation.

Taking the time to budget for these expenses will allow you to approach your GMAT preparation more strategically. For those seeking personalised advice and support, consider Yocket Premium, which provides guidance to maximise your chances of success. Make a choice your future self will thank you for today.