The GMAT is the Graduate Management Admission Test, a standardized test required by the vast majority of business schools because it provides a measure of an applicant’s academic ability. The GMAT test does not include any questions that gauge your business knowledge. The GMAT test is computerized and administered six days each week, 52 weeks per year. While the exam can be taken at virtually any time, it can only be taken once per 31 days and 5 times per year.
GMAT is required for admission of MBA programs:
About two-thirds of the 1,900+ graduate business schools around the world require GMAT scores for admission, although an increasing number of schools accept GRE General Test scores as an alternative to GMAT scores. Schools that do not require GMAT scores nevertheless welcome GMAT scores to help access an applicant’s qualifications.
How important are GMAT scores in the B-school admissions process?
Each graduate business school develops and implements its own policy concerning the use of GMAT scores in making admissions decisions. Many schools screen applicants by combining GMAT scores and undergraduate GPA (each school determining for itself their relative weight), then ranking all applicants in their initial pool accordingly.
What is on the GMAT?
The GMAT exam measures your command of basic arithmetic, algebra, geometry, multi-source data analysis, and grammar. More importantly, it measures your ability to analyze and evaluate written material, think critically, and solve problems. The GMAT is first and foremost a test of your critical thinking skills. Knowing how to reason through and analyze information is the key to a great GMAT score.