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Steps for GMAT Reschedule and Cancellation 2023

GMAT rescheduling or cancellation is allowed by GMAC but at additional cost. Test-takers may be required to reschedule their GMAT test dates or cancel the exam due to unavoidable circumstances. To change GMAT  schedule, candidates need to log into the official GMAC account, select GMAT exam date to be rescheduled, select from available dates, and finally pay GMAT reschedule fee. GMAT reschedule fee ranges from $50 to $150.

How to Reschedule GMAT Exam?

Most of the candidates opt for a change in GMAT schedule due to family issues like the death of a family member, or to attend a funeral, or hospitalization of a family member. The other common reason for the change of GMAT exam schedule is the lack of GMAT preparation. There are more reasons to reschedule the GMAT. Candidates can change their GMAT schedule through the online method and phone.

Steps for GMAT Reschedule

To change the GMAT test schedule, candidates need to follow 7 simple steps. GMAT rescheduling is quite similar to the initial GMAT registration process. The time taken will be comparatively shorter as the official account is already created. Below are steps for GMAT reschedule:

  1. Access official account: The first step of GMAT reschedule is to start with logging into the mba.com account. Remember to keep the username and password nearby.
  2. Select the option: After logging in, test-takers need to check the ‘My Account’ section and then the ‘exams’ section. From there, they will get their already booked GMAT test date and GMAT test center. They will also notice two options: Reschedule and Cancel in green. Select GMAT reschedule option then.
  3. Choose Next GMAT Exam Date: After clicking on GMAT reschedule, candidates need to select from GMAT available dates and centers. If the test-taker wants to change the GMAT test center, they can proceed by clicking on the bottom left ‘change test centers’ option. If they want to keep the same test center, they can proceed with the selection of a new GMAT exam date and time. The selection of the new date totally depends on GMAT exam dates availability.
  4. Rechecking new GMAT exam date and time: In this step, candidates need to recheck if they have selected the right date and time. Once reviewed, they can move on to the next step.
  5. Review Personal Information: In this step of GMAT reschedule, test-takers need to check if the personal information provided is correct or not. If the given information is correct, they will click on the ‘next’ button.
  6. Agreeing to GMAC’s policies: This step will ask if the candidate agrees to the three main policies of GMAC –
  1.  The candidate will be charged with GMAT reschedule fee
  2. The candidate will be required to provide with their biometric for security purposes - photograph and palm vein scan
  3. The candidate needs to provide an acceptable ID failing which they won’t be allowed to sit for the exam
  1. Paying GMAT Reschedule Fee: There are three types of GMAT reschedule fee:
  1. $50: If the change of GMAT schedule is done 60 days before the booked date
  2. $100: If the change of GMAT schedule is done 15 to 60 days before the booked date
  3. $150: If the change of GMAT schedule is done 1 to 14 days prior to the booked date

For GMAT reschedule by phone, candidates need to contact the GMAT customer service followed by the region. For postal mail, they will need to fill-up the form they will receive on the website and send it to the given address.

How to Cancel GMAT Exam?

Candidates may be required to cancel their GMAT exam due to unforeseen circumstances. Test-takers will be required to incur an additional GMAT fee for cancellation. Candidates can take the GMAT up to 8 times in their lifetime.

Steps for GMAT Cancellation

Candidates need to follow three simple steps for canceling their GMAT exam.

  1. Access official account: The first step is to log in to the official account on mba.com
  2. Select the GMAT exam: Go to the ‘My Account’ section, then go to the ‘exams’ section. There you will see the booked GMAT date and center. Alongside you will notice two options: Reschedule and Cancel. Select the ‘cancel’ option.
  3. Pay GMAT cancellation fee: GMAC has revised the payment method and made it a three-tier system. Below is the revised GMAC payment method:
  • $150 ($100 refund) – More than 60 days before the appointment
  • 175 ($75 refund) – 15 to 60 days before the appointment
  • 200 ($50 refund) – 1 to 14 days before the appointment

GMAT Reschedule Fee 

GMAC has revised the payment method and changed it into a three-tier system. The reason behind this change is to provide flexibility to the test-takers and lower the financial load while making late changes. As effective from 26th September 2019, the following is the GMAT reschedule fee:

  • $50: If the change of GMAT schedule is done 60 days before the booked date
  • $100: If the change of GMAT schedule is done 15 to 60 days before the booked date
  • $150: If the change of GMAT schedule is done 1 to 14 days prior to the booked date

GMAT Cancellation Fee 

The revised payment policy is also applicable for GMAT cancellation fee. Previously, candidates used to receive US$80 if the cancellation was made prior to 7 days of the booking and no refund if done after 7 days. The updated GMAT cancellation fee is:

  • $150 ($100 refund) – More than 60 days before the appointment
  • 175 ($75 refund) – 15 to 60 days before the appointment
  • 200 ($50 refund) – 1 to 14 days before the appointment

Candidates should try their best to not opt for GMAT reschedule or cancellation. This will save them a lot of money. They should start preparing at least 3 to 4 months prior, if they feel they may lag behind.

*The article might have information for the previous academic years, which will be updated soon subject to the notification issued by the University/College.

GMAT 2023 : 27 answered questions

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Ques. MBA Preparation: What GMAT score can be considered good for applying to ISB Hyderabad with an average academic profile?

● Top Answer By Uday Pawar on 30 Jan 23

Generally speaking anything above 750 is a good score for admission to IBS Hyderabad. But even a high GMAT score does not guarantee admission to IBS Hyderabad because the shortlisting is profile-based. GMAT score is just a part of the entire selection process. You need to improvise your profile by working on other aspects also like  essays profile academics extracurricular activities Academics: Your 12th class marks graduation grades, post-graduation, and certification scores along with the GMAT cutoff is considered in your academic profile. Leadership: The leadership skills of the aspirants are tested on the basis of their prior achievements and roles. Personal attributes: This comprises your personal qualities like hobbies, talents, and extracurricular skills. Aspirants from diverse work experiences, cultures, and educational backgrounds are welcomed at IBS Hyderabad. So along with preparing well for GMAT, give importance to these parameters as well to increase your chances of admission....Read more

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Ques. What is the percentile required to get into ISB Hyderabad?

● Top Answer By Akanksha Sharma on 30 Jan 23

In case you are enquiring about the CAT percentile let me clarify that ISB Hyderabad does not take into consideration CAT scores. It accepts GMAT/GRE scores only. Most importantly, the ISB Shortlisting process is profile-based. This means even with a lower percentile you can manage to get shortlisted provided you have an excellent profile. There is no fixed cutoff for GMAT. However, a 700+ GMAT score isn't a must-have for ISB if your application is strong in other areas. According to an ISB spokesperson, candidates were admitted to the 2021 cohort with scores as low as 580, and as high as 780. So the GMAT score range for ISB is 580-780....Read more

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Ques. Is it worth spending 30k to join GMAT coaching at Crack ISB Hyderabad?

● Top Answer By Yash Bhati on 30 Jan 23

Yes, it certainly is worth paying a hefty fee of 30k for GMAT coaching at Crack ISB Hyderabad. The quality of trainers and the certainty of admission is what draw the candidates here. While there are many institutes that specialize in training for the CAT, very few institutes offer training for GMAT.  Crack ISB Hyderabad has many features that have made it so popular and demanding among GMAT aspirants The peer group is a productive and effective group discussion is possible The institute gives the admission essay reviews free of cost while most institutes charge around 20-25k The quality of editing is much better at this Institute mainly because the faculty comprises alumni of top B Schools  So it’s better to pay more for quality education than pay less or the same for substandard education. But remember an Institute can just prepare you for your entrance exam. It’s upon you to put in maximum effort and achieve your goals....Read more

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Ques. Why do students go for CAT, XAT, SNAP etc when almost all the B-Schools in India accept GMAT scores for the full time MBA?

● Top Answer By Nia Malhotra on 17 May 21

There is hardly any B-school in India that accepts GMAT scores for full-time MBA. IIMs, FMS, XLRI, JBIMS, IIFT, MDI, etc. are some of the institutions that accept GMAT scores.  However, students applying through a foreign national quota or NRI quota are eligible for GMAT score. ISB on the other hand accepts the GMAT for its full-time program MBA program. Here is the list of some B-Schools that accepts GMAT scores in India XLRI, Jamshedpur XIM, Bhubaneswar VIT Business School TISS, Mumbai TERI School of Advanced Sciences, TERI University TASMAC, Pune TAPMI, Manipal School of Management, Udaipur School of Management, NMIMS, Mumbai School of Management, International Institute of Management This is why most students go for CAT, XAT, SNAP, and other management exams for admission in MBA. Only foreign nationals or students with NRI Quota can apply through GMAT....Read more

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Ques. Does ISB Hyderabad need work experience apart from the GMAT score?

● Top Answer By Bejoy John on 30 Jan 23

Yes, ISB Hyderabad’s PGP program requires a minimum of 2 years of full-time paid work experience. This criteria came into force on 31st March 2016 and is still a necessity. For candidates who lack in this aspect, there is a back door entry called the Early Entry Option or the EEOs. Under this, you can apply right away, go through the selection process, and receive the admission offer but join only after working for 2 years. This can also be referred to as Deferred admission.  ...Read more

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