GMAT stands for Graduate Management Admission Test. This is a computer adaptive test (CAT) designed to assess certain quantitative, verbal ,analytical, writing, and reading skills in written English for use in admission to a graduate management program, such as an MBA program. It requires knowledge of certain specific grammar and knowledge of certain specific algebra, geometry, and arithmetic. The GMAT assesses analytical writing and problem-solving abilities along with addressing data sufficiency, logic, and critical reasoning skills that it believes to be vital. This test can be taken up to five times a year but not more than eight times in total and attempts must be at least 16 days apart.
GMAT is a registered trademark of the Graduate Management Admission Council.More than 7,000 programs at approximately 2,300+ graduate business schools around the world accept the GMAT as part of the selection criteria for their programs. Business schools use the test as a criterion for admission into a wide range of graduate management programs, including MBA, Master of Accountancy, Master of Finance programs and others. The GMAT is administered online and in standardized test centers in 114 countries around the world. GMAT is still the number one choice for MBA aspirants. According to GMAC, it has continually performed validity studies to statistically verify that the exam predicts success in business school programs.