As with many post-secondary educational degrees, some Masters degree programmes require a certain score on a standardized admissions test. The first thing you will need to do is find out which test your degree programme requires and the minimum score that must be obtained for admission. There is a fee to sit most standardized tests. You must register and pay for the exams in advance, as test centres allow only a limited number of students per session.
If you plan to study in the U.S., some schools require that your application include a standardized test score such as the GMAT (Graduate Management Admissions Test) or the GRE (Graduate Records Examination).
Most standardized testing organizations will provide test takers with some sort of practice materials to help them prepare. These materials typically review the topics covered by the tests, as well as including practice quizzes and exams.
In addition to the materials provided by the testing organizations, there are a variety of test preparation materials produced by other organizations. There are even classes available to help you prepare. You can purchase books and study guides online and in bookstores. Most of these publications are very similar, and give you the chance to practise from a wealth of materials.
CFA - Chartered Financial Analyst
Is an international professional designation offered by the CFA Institute of USA (formerly known as AIMR) to financial analysts who complete a series of three examinations. Candidates must have a bachelors degree (or equivalent), be in the final year of their bachelors degree programme, or have at least four years’ qualified, professional work experience in order to take the exams. To become a "CFA Charterholder", candidates must pass all three exams and agree to comply with the code of ethics. CFA charterholders must also agree to adhere to a strict Code of Ethics and Standards governing their professional conduct.[
CPA – Certified Public Accountant
Certified Public Accountant (CPA) is the statutory title of qualified accountants in the United States who have passed the Uniform Certified Public Accountant Examination and have met additional state education and experience requirements for certification as a CPA. In most U.S. states, only CPAs who are licensed are permitted to provide to the public attestation (including auditing) of opinions onfinancial statements. The exceptions to this rule are Arizona, Kansas, North Carolina and Ohio where, although the "CPA" designation is restricted, the practice of auditing is not.
The Graduate Record Examination (GRE) measures your ability to handle graduate-school level work through verbal, quantitative, and analytical reasoning questions.
The Graduate Management Admissions Test (GMAT) was created and is administered by the Educational Testing Service (ETS). It is designed to help graduate business schools assess the qualifications of applicants for advanced study in business and management.
TOEFL : The Test of English as a Foreign Language tests your ability to understand Standard North American English. The TOEFL is used by North American colleges and graduate schools to evaluate the level of English-language proficiency of international student applicants (listening, reading, speaking and writing).
TOEIC : The English for International Communication (TOEIC) test measures English proficiency, specifically as it is used in real-life situations in the business world and other professions.
TSE : The Test of Spoken English measures the ability of non-native English speakers to communicate orally in English. The TSE consists of nine items; each of these requires examinees to perform a particular speech act, such as narrating, recommending, persuading or expressing and supporting an opinion.
IELTS : The International English Language Testing System is administered by the British Council and covers the four basic language skills (listening, reading, speaking and writing)
TEF : The TEF is a standardized test designed to assess one's level of French language comprehension and speaking skills.