GMAT Graduate Management Admission Test

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GMAT Graduate Management Admission Test

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The Graduate Management Admission Test (GMAT ( (JEE-mat))) is a computer adaptive test (CAT) intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as a Master of Business Administration (MBA) program. Answering the test questions requires knowledge of English grammatical rules, reading comprehension, and mathematical skills such as arithmetic, algebra, and geometry. The Graduate Management Admission Council (GMAC) owns and operates the test, and states that the GMAT assesses analytical writing and problem-solving abilities while also addressing data sufficiency, logic, and critical reasoning skills that it believes to be vital to real-world business and management success. It can be taken up to five times a year but no more than eight times total. 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. According to a survey conducted by Kaplan Test Prep, the 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. The number of test-takers of GMAT plummeted from 2012 to 2021 as more students opted for an MBA program that didn't require the GMAT.

Article Title : Graduate Management Admission Test
Article Snippet :The Graduate Management Admission Test (GMAT (/ˈdʒiːmæt/ (JEE-mat))) is a computer adaptive test (CAT) intended to assess certain analytical, writing,
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Article Snippet :institutions and prospective graduate management education students. The organization owns the Graduate Management Admission Test (GMAT), a standardized assessment
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The Graduate Management Admission Test (GMAT (/ˈdʒiːmæt/ (JEE-mat))) is a computer adaptive test (CAT) intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. The GMAT does not measure business knowledge or skill, nor does it measure intelligence. According to the test owning company, the Graduate Management Admission Council (GMAC), the GMAT assesses analytical writing and problem-solving abilities, while also addressing data sufficiency, logic, and critical reasoning skills that it believes to be vital to real-world business and management success. GMAT is a registered trademark of the Graduate Management Admission Council. More than 5,900 programs offered by more than 2,100 universities and institutions use the GMAT exam 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, and Master of Finance programs. The GMAT exam is administered in standardized test centers in 112 countries around the world. On June 5, 2012, GMAC introduced an integrated reasoning section to the exam that is designed to measure a test taker’s ability to evaluate data presented in new formats and multiple sources. According to GMAC, it has continually performed validity studies to statistically verify that the exam predicts success in business school programs. According to a survey conducted by Kaplan Test Prep, the GMAT is still the number one choice for MBA aspirants despite the increasing acceptability of GRE scores.


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Stern School of Business

The Leonard N. Stern School of Business (commonly known as The Stern School or Stern), is New York University's business school. Established as the School of Commerce, Accounts and Finance in 1900, Stern is one of the oldest and most prestigious business schools in the world. It is also a founding member of the Association to Advance Collegiate Schools of Business. In 1988, it was named in honor of Leonard N. Stern, an alumnus and benefactor of the school.

The school is located on NYU's Greenwich Village campus next to the Courant Institute of Mathematical Sciences.


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3D Business School rankings

RankBusiness School3D Score
#1Harvard Business School98.3
#2Wharton Business School97.2
#3Yale School of Management96.5
#4Columbia School of Management95.3
#5Skema Business School94.0
#6Sloan School of Management92.9
#7London Business School91.7
#8Stanford School of Business90.4
#9Kellogg School of Management89.6
#10Haas School of Business88.3

3D MBA programs tuition costs and fees

RankSchoolTotal MBA cost2-years tuition
#1Columbia$168,307$106,416
#2Wharton$168,000$108,018
#3Stanford$166,812$106,236
#4Chicago Booth$165,190$101,800
#5Dartmouth Tuck$162,750$101,400
#6MIT Sloan$160,378$100,706
#7Harvard Business School$158,800$100,706
#8Stern$157,622$94,572
#9Yale School of Management$151,982$99,800