GMAT Exam Fee: Cost, Rescheduling, and Refunds

Planning to take the GMAT in 2025? Understanding the full cost of the exam is essential before you book a slot. The GMAT exam fee is $275 (approximately INR 22,825) when taken at a test center and $300 (around INR 24,900) for the online version. However, the total expense can go beyond just the registration rescheduling, cancellations, and additional services like score reports or ESR (Enhanced Score Report) may carry extra charges.

Many test-takers overlook these hidden costs, leading to last-minute budget surprises. Plus, if your plans change, you’ll need to know the GMAT rescheduling policy and refund options.

This guide covers everything you need to know about GMAT exam fees, rescheduling charges, and refund policies, so you can make informed decisions and avoid unnecessary costs. Whether you're testing from India or abroad, we've got you covered with the latest 2025 updates.

Don’t want to overpay or miss a step? Start with this clear GMAT Registration Procedure to know how booking and payments work.

Before paying the fee, double-check if you're even eligible. This GMAT Eligibility guide covers age, qualifications, and ID rules.

GMAT Exam Fees in India 2025

Before you book your GMAT slot, it’s smart to know how much the exam will cost you. GMAC charges different fees based on the test format and your location. In India, you can choose between the GMAT Focus Edition at a test center or the GMAT Online exam from home.

Both formats follow the same structure and scoring, but the fees are slightly different.

How Much Does the GMAT Cost in India?

Test Format	Base Fee (in USD)	Approx. Cost in INR (₹83/USD)
GMAT Focus (Test Center)	$275	₹22,825
GMAT Focus (Online)	$300	₹24,900

Actual INR amounts may vary slightly depending on bank charges and currency conversion at the time of payment.

If you're still unsure whether GMAT is the right test for you, here’s a helpful GMAT Overview to understand what it offers.

Planning ahead? This list of GMAT Exam Dates will help you avoid last-minute rescheduling fees.

Why Is There a Price Difference?

The online format includes live proctoring and technical infrastructure provided through GMAC’s partner platforms, which adds slightly to the cost. However, the exam content, length, and global acceptance remain the same for both versions.

Is GMAT Exam Fee the Same Worldwide?

No, it’s not. While the base fee is fixed in USD, local taxes and rules may affect the final cost. Here’s how it works:

• GMAT applies regional pricing based on the location of your test center or where you take the online exam.
• Indian test-takers are charged the Asia-Pacific fee bracket, which follows the standard USD pricing shown above.
• Countries with added service taxes or local regulations may see a slightly higher final amount.

You can check the exact pricing for your country by going to mba.com and selecting your location from the drop-down during registration.

GMAT Exam Fee Comparison: India, UK, and Germany

Country	Test Center Fee	Online Test Fee	Currency	Approx. INR Equivalent
India	$275 (₹22,825)	$300 (₹24,900)	USD	Based on ₹83/USD
UK	£250 (₹26,250)	£275 (₹28,875)	GBP	Approx. ₹105/GBP
Germany	€275 (₹24,475)	€300 (₹26,700)	EUR	Approx. ₹89/EUR

INR equivalents are approximate and may vary based on bank charges and exchange rates at the time of payment.

Need help deciding between the online and test center format? Look at slot availability, test-day convenience, and technical setup before choosing. The fee difference is minor—pick the format that fits your comfort.

Slot Booking

Confused about test center fees or online exam options? This GMAT Test Centers blog covers what you need to know.

Want to know how to avoid penalties? This guide on GMAT Reschedule & Retake Strategy helps you plan without extra costs.

GMAT Exam Fee 2025: Rescheduling Charges

Need to move your GMAT date? You can—but rescheduling isn’t free. The fee depends on how early you make the change and whether you booked the online or test center version of the exam.

Rescheduling Charges Based on Timing

When You Reschedule	Test Center	Online GMAT
More than 60 days before exam	$55 (₹4,565)	$60 (₹4,980)
15–60 days before exam	$110 (₹9,130)	$120 (₹9,960)
14 days or less before exam	$165 (₹13,695)	$180 (₹14,940)
Less than 24 hours before exam	Not allowed	Not allowed

The earlier you reschedule, the less you pay. If you wait until the last minute, the fee can be more than 60% of the test price.

How to Reschedule Your GMAT

Here’s how to reschedule your GMAT appointment:

1. Log in to your GMAC account on mba.com
2. Go to “My Appointments”
3. Select Reschedule next to your booked test
4. Pick your new date and time
5. Pay the rescheduling fee
6. Download the updated confirmation email

Tip: If you're unsure about your prep timeline, reschedule as early as possible to avoid higher fees.

Some students skip the GMAT altogether. If you're considering other paths, read about MBA in Germany Without GMAT and other options.

Wondering what score justifies your investment? This GMAT Score post explains how scoring works and what’s worth aiming for.

GMAT Exam Fee 2025: Cancellation Charges

If you’ve booked your GMAT but can no longer appear for the test, you can cancel and get a partial refund. The refund amount depends on when you cancel, just like the reschedule policy.

Cancellation Refunds by Time Frame

When You Cancel	Test Center Refund	Online GMAT Refund
More than 60 days before exam	$110 (₹9,130)	$120 (₹9,960)
15–60 days before exam	$80 (₹6,640)	$90 (₹7,470)
14 days or less before exam	$55 (₹4,565)	$60 (₹4,980)
Less than 24 hours before exam	No refund	No refund

GMAC will not process any refund if you cancel less than 24 hours before your test slot.

How Are Refunds Issued?

• Refunds go back to the original payment method (credit/debit card or PayPal)
• It usually takes 7–10 business days to reflect in your account
• Currency conversion fees from your bank may apply
• GMAC sends an email confirmation once the refund is processed

How Much of the GMAT Exam Fee Is Refunded?

Here’s a rough percentage breakdown based on when you cancel:

Time of Cancellation	Refunded % (approx.)
More than 60 days	~40%–45% of total fee
15–60 days	~30%
14 days or less	~20%
Within 24 hours	0% (full fee forfeited)

Tip: If you're unsure about taking the test, it's better to cancel early and save part of your fee.

Thinking about scholarships? Here’s a list of GMAT Scholarships that can ease your overall cost of study.

Want to avoid retaking the test and paying again? Use these Best Books for GMAT Preparation to prep right the first time.

GMAT Exam Fee 2025 Refund: How to Get Your Money Back?

Canceled your GMAT appointment and expecting a refund? Here’s what you need to know to get your money back quickly and without confusion.

How Are GMAT Refunds Issued?

Details	What You Should Know
Refund method	Goes back to the original payment method (card or PayPal)
Processing time	Usually takes 7–10 business days after cancellation
Confirmation	GMAC sends a confirmation email once the refund is approved
Currency difference	Final refund amount may vary slightly due to exchange rates
Bank charges	Your bank may deduct foreign transaction or conversion fees

Refunds are not instant. Don’t panic if the money doesn’t show up immediately—it’s normal for it to take a few working days.

What If You Don’t Receive Your Refund?

• First, check your GMAT account dashboard for confirmation
• Then, check your email for refund notification from GMAC
• If it's been over 10 business days, contact GMAC support with your appointment ID

Tip: Cancel early if you're unsure about appearing. Waiting too close to your exam date reduces the refund amount or cancels it altogether.

GMAT Exam Fee: Payment Modes

GMAC accepts most major cards and international platforms, but you must make sure your payment method allows foreign transactions.

Accepted Payment Methods

Payment Method	Accepted?	Notes
Credit cards (Visa, Mastercard, AmEx, Discover)	Yes	Works globally; ensure international payments are enabled
Debit cards (Visa/Mastercard)	Yes	Must allow foreign/international transactions
PayPal	Yes	Available in select regions during online checkout
UPI, Net Banking, Wallets (India)	Not accepted	Not supported—GMAC only accepts global cards or PayPal
Bank transfer / Cash	Not accepted	GMAT registration is entirely online-only

Charges on your card statement may show up as “VUE*GRAD MGM TEST” (test center) or “EXAMITY PROCTORING” (online).

What Happens If Payment Fails?

• Your booking will not be confirmed
• The selected slot will be released automatically
• You’ll need to try a different card or payment method
• Repeated failed payments may require contacting your bank

Tips for International Cards and Bank Restrictions

Here’s how to avoid common issues when paying with international cards:

Tip	Why It Matters
Enable international usage	Most Indian banks keep this disabled by default—enable it via app or net banking
Set sufficient spending limit	Some cards have daily/weekly limits—make sure your limit covers the full fee
Use cards with international clearance	Cards linked to global banks (e.g., HDFC, ICICI, SBI Global) work more smoothly
Avoid cards not verified by Visa/Master	These often fail at international checkouts
Contact your bank before payment	If you’ve never made a USD/foreign currency payment, inform your bank in advance

Tip: Use a backup card or PayPal account just in case your primary method fails.

Aiming high to make every rupee count? These tips on How to Score 700+ in GMAT are worth following.

Curious about where your money goes? The GMAT Exam Pattern post helps you see how each section is weighted and timed.

GMAT Exam Eligibility

Before you register, it’s important to check if you meet the basic GMAT eligibility criteria. The GMAT is open to many candidates, including students, graduates, and working professionals. There’s no specific academic background required to take the exam.

GMAT Eligibility Requirements

Criteria	Details
Minimum Age	18 years (16–17 allowed with parent/guardian permission)
Maximum Age	No upper age limit
Education	No formal requirement by GMAC; most test-takers have a bachelor's degree
Work Experience	Not required for the exam, but may be required by business schools
Number of Attempts	Up to 5 times in 12 months, 8 times total
ID Requirement	Valid passport (mandatory for Indian candidates, both online and offline)

Tip: Even final-year students can take the GMAT if they plan to apply for programs that start after graduation.

Your actual program eligibility (for MBA, MiM, MSBA, etc.) will depend on the individual B-school’s admission criteria—not GMAC’s exam rules.

Use this How to Prepare for GMAT Exam plan to stay on track.

If you're switching from GRE and wondering about score conversions, this GRE to GMAT Score Conversion post helps compare both formats.

Learn More About GMAT on upGrad Abroad

Still figuring out your GMAT prep journey? Head to the GMAT section on upGrad Abroad and explore guides written to help you register smart, study efficiently, and apply with confidence.

Here’s what you’ll find:

Topic	Why You Should Read It
GMAT Registration Guide	Step-by-step help for booking your slot without mistakes
GMAT Syllabus Breakdown	Know what to study in Quant, Verbal, and Data Insights
Score Use and Reporting	Learn how schools view your scores and how to send them
GMAT vs GRE Comparison	Choose the right test based on your background and goals
Tips for Retaking the GMAT	See when and how a second attempt can improve your chances

Want personalized help?

Book a 1:1 consultation with our team to plan your prep, shortlist schools, or decide the best time to take the exam.

Start exploring at the GMAT page on upGrad Abroad and move one step closer to your B-school admission.