The Graduate Management Admission Test (GMAT) is a standardized test used by more than 7,700 programs at 2,400 universities and organizations in 110 countries as part of the selection criteria for their programs to assess students' academic skills. It is a computer-adaptive test administered by the Graduate Management Admission Council (GMAC).
The GMAT is an examination which tests an individual's skills in Quant, Analytical Writing, Verbal and Integrated Reasoning. These aptitudes, when combined, are effective indicators of success in the business world and are beneficial for making business choices or overseeing a team or organization. Although the exam is mainly used to evaluate potential candidates for admission to top business schools, many multinational companies utilize the GMAT results to assess job seekers.
The GMAT Exam offers many advantages, including expanded job prospects for candidates. So, let's take a deep dive into these job opportunities and learn more about them.
The GMAT Exam is typically taken by individuals who are interested in pursuing an MBA degree and a career in business or management. However, there are alternative career paths that may be available to individuals who have taken the GMAT Exam and have a strong score.
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Also Read: Why you should take the GMAT as working Professional
The GMAT Exam can open up a variety of job opportunities for individuals interested in transitioning into other professional roles. Some of these job opportunities include management consulting, finance, marketing, human resources, accounting, operations and logistics, and corporate strategy. Additionally, the following job options are also available:
GMAT Career Opportunities
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If you would like to pursue a career in management or business, you can refer to EduRev article MBA Graduate Salaries: An Analysis of Top Employers' Compensation Packages to get a rough idea of the salaries offered to MBA graduates by top Companies.
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Some alternate career paths after taking the GMAT Exam include consulting, finance, and management roles in various industries.
While the GMAT Exam is primarily used for business-related fields such as MBA programs, it can also be used for other graduate-level programs such as a Master's in Economics or a Master's in Management.
Industries that value a GMAT Exam Score include consulting, finance, and management, as well as certain technology and healthcare companies. Some government organisations also value the GMAT exam for certain roles.
Also Read: Indian Universities accepting GMAT Scores for Admissions
Yes, many non-profit organisations and non-governmental organisations (NGOs) have management positions that would value a GMAT Exam Score.
Other exams similar to the GMAT Exam include the GRE, LSAT, and MCAT. These exams are used for graduate programs and professional programs in fields such as law, medicine, and engineering.
While the GMAT Exam is not typically used for a career in engineering, it can be beneficial for certain roles such as management roles within engineering companies or for pursuing a graduate-level program in engineering management.
A career path after a GRE-based graduate program could be in fields like research, academics, etc. whereas a career path after a GMAT Exam-based graduate program would be in fields like business, finance, management etc.
Ultimately, the choice between the two tests will depend on the field of study you are interested in pursuing and the specific requirements of the graduate programs you are applying to.
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