The GMAT (short for Graduate Management Admission Test) is a computer-based test that helps business schools decide who gets admitted into their graduate programs—especially MBA programs. It is designed to test your abilities in problem-solving, critical thinking, reading comprehension, basic math (like arithmetic and algebra), and how well you understand and analyze data.
Who Runs the GMAT?
The GMAT is created and managed by the Graduate Management Admission Council (GMAC). They say the test is meant to measure the kinds of skills that are important for success in business and management, especially in real-world situations.
Test Structure and Attempts
You can take the GMAT up to five times a year, but no more than eight times in your lifetime. Also, you must wait at least 16 days before retaking the test. The GMAT is adaptive, which means it adjusts the difficulty of the questions based on how you’re doing as you move through the test.
Where and How Can You Take It?
The GMAT is available both online and at official test centers in over 114 countries. You can choose the format that works best for you.
Who Accepts the GMAT?
Over 7,700 programs at more than 2,400 business schools around the world accept GMAT scores. These programs include not just MBAs, but also Master of Finance, Master of Accountancy, and other graduate business degrees.
Is the GMAT Still Popular?
Yes, it still holds a strong reputation. According to a survey by Kaplan Test Prep, the GMAT remains the top choice for MBA applicants. GMAC also regularly conducts research to make sure the test does a good job predicting how well students will perform in business school.
Changes in Popularity
Although the GMAT has been a key part of business school admissions for many years, the number of students taking the test has dropped in recent times—especially between 2012 and 2021. That’s because many business schools have started to offer programs that don’t require GMAT scores anymore.