The contest is open to all prospective MBA & EMBA students worldwide. The $25,000 scholarship will be awarded to the person who scores the highest on The Economist GMAT simulation test. Moreover, five randomly selected runners-up will each receive a free iPad Air.

Much like the real GMAT, this simulated GMAT exam utilizes adaptive technology, so the difficulty level adjusts according to the your ability.

The simulations test requires the completion of 75-minute Verbal section as well as 75-minute Quant section. If you decide to enter, you should make sure to have the available time to complete the test all at once, as you will not be able to pause.

The contest closes on October 30th, 2015.

Are you ready to enter the contest for your chance to win?

Do it here.