Check out www.mba.com and other sites to learn more about the GMAT, including the subjects that are tested and Computer Adaptive Testing.

After you have gotten a basic understanding of the test and the types of questions, you’re your first practice test. This will give you a baseline score to see where you are currently and how far you are from your GMAT score goal. Simulate test conditions as much as possible by completing the analytical writing assessment and integrated reasoning, which will not be scored and by taking breaks only at the designated times. If possible take a test that provides you with analytics on the questions and topics that you aced and those that you flubbed, as well as details how much time you spend on each question.

After you have completed the practice test and gotten your initial score, determine your GMAT goal. Everyone is different, but in my opinion, expect that with a basic GMAT prep course or rigorous self-study, a 50-point increase in the overall score is very realistic. Achieving increases beyond that, particularly up to a 100-point increase, will require incredible diligence and likely the support of an engaged GMAT teacher or private tutor. 100-point increases are a normal occurrence, but they certainly are not typical. They require a substantial increase in knowledge and understanding of the GMAT content plus impeccable test taking strategy. GMAT increases of more than 100 points are rare, but not impossible.

Now that you have a GMAT goal, develop the study plan to reach that goal. Pull out your calendar and set deadlines. Generally, you need 3-6 months to adequately study for the GMAT. And if you take a course, you should allow at least 2-6 weeks after completing it for review before sitting for the exam. Consider the business school application deadlines and also if this is your first time taking the GMAT give yourself the option to retake the exam if necessary (you have to wait at least 31 days for a retake)

Make sure to schedule your test well in advance. Most MBA applicants are on the same timeline that you are and are vying for the same test center slots. Plan ahead.

Do a self-check or check in with your tutor on your GMAT progress. Are you on track? Do you feel like your timeline is adequate to achieve your goal? Are you seeing improvements in your practice test scores?

You are ready for the GMAT when you can explain it “two tequilas in” says my friend, Akil Bello. I’m not advocating for drinking and testing, but consider that after you’ve had a drink or two, you remember your name, you can talk about your job and what you do, but that guy that you kind of know that just walked into the bar…you can’t quite remember his name. It’s in on the tip of your tongue. Why? Because you don’t really know his name! Same with the GMAT, if the answer is on the tip of your tongue…you really don’t know it.

After you take the test, assess whether you’ve met your goal and are satisfied with your score. Determine if you will out the GMAT books away or take the test again. If you are considering a retake, go back to Step 3 and proceed from there.