What is the GMAT?
The GMAT (Graduate Management Admission Test) is a 3-1/2 hour standardized exam designed to predict how test-takers will perform academically in MBA (Masters in Business Administration) programs. GMAT scores are used by graduate business schools to make admission decisions.
You might also see the GMAT referred to as the "GMAT CAT"; the acronym CAT stands for "Computer Adaptive Test." The GMAT is administered only by computer now, except in certain locations outside North America, where the test is referred to as the "paper-based" GMAT. (Since you’re reading this on the Web, no doubt the GMAT CAT is available where you are.)
Who is responsible for the design and administration of the GMAT?
The GMAT is the brainchild of the GMAC (Graduate Management Admission Council), which determines what kinds of skills the GMAT should measure — and how it should measure them. But it is ETS (Educational Testing Service) in Princeton, New Jersey that actually develops the test questions, administers the test, and reports test scores to the schools — all at the behest of GMAC.
Do I need to take the GMAT for admission to an MBA program?
To gain admission to an MBA program, chances are you’ll need to take the GMAT. About two-thirds of the 1,300+ graduate business schools around the world require GMAT scores for admission. Schools that do not require GMAT scores nevertheless welcome GMAT scores to help access an applicant’s qualifications