A. Common facts about the GMAT Exam are: Students are also not allowed to appear for their GMAT exam more than 5 times in a 12-month rolling period. Candidates can attempt the GMAT exam a maximum of 8 times in their lifetime. The unique aspect about GMAT is that it does not have a set exam date. Students have the flexibility to choose from the many available GMAT exam dates to appear for the exam.