I/m planning to apply for MBA next year or may be even later as my current financial situation is not very sound and have only two years of corporate experience. Currently I have sufficient time to study for the GMAT so want to utilize it for preparation. But I'm confused weather I should go for the test now or later when I get ready for the admission. Will this early taking GMAT affect my admission process? Or what may be other cases related to my problem?
It is entirely up to you if you want to take GMAT now and get done with it, or take it next year.GMAT scores are valid for five years, so it makes sense to finish this part of the application process now and apply a year later when you are ready for it with more experience under your belt and better financial condition.
You have not mentioned which schools you are planning to apply to after an year or so. If you plan to target US Schools, you should wait until next year to take your GMAT as most US schools require their candidates to have 4-5 years of work experience.
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