1) Is it compulsory or necessary to prepare the word list for GMAT? Or Word list is for GRE only?
you have to be choosy, There is no need to mug up more than 3500 GRE words, primarily you need to focus on Reading Comprehension specific 500 GMAT words.
2) How much does it cost to apply to the business schools?
Application fees cost varries from USD 0 to USD 250
3) How much does it cost to take admission in the business schools?
Please check
http://www.achieverspoint.com/usa/costs.htm 4) Can we get scholarship?
Yes, but is for limited and meant for good candidates.
5) How tough is GMAT test as compared to GRE?
I think 1.5 times.
6) Does each and every school prefers the work experience?
Yes, Without any doubt.
7) How crucial is it to have some work experience? Can I get admission without any work experience?
yes you can get admission without work ex. Read
http://www.achieverspoint.com/gmat/gmat.htm I know these are a lot of questions but I am completely new to the GMAT exam and I want to do that.
There might be some more doubts which I will ask later.
So please help me and clear my doubts.
Thanking you in advance.
It is indeed our pleasure to assist you. Love to see more question !!!!!