GMAT stands for Graduate Management Admission Test. It is a Computer Adaptive Test in Mathematics and the English language for measuring aptitude to succeed academically in graduate business studies.
As the no. of institutes and programmes accepting GMAT(Graduate Management Admission Test) score continue to rise, the number of persons taking GMAT is also rising proportionately. This test is administered by the Graduate Management Admission Council (GMAC).
As on 4th Jan 2006, GMAC decided that the test will be administered by Pearsonvue Company, instead of ETS. Pearson Vue (www.pearsonvue.com) is an international media company. The new contact between GMAC and Pearson vue has a term of 7 years. A student's GMAT score is one of the criteria used by B-schools to select candidates for admission. Some of the other factors are work experience, recommendation letters, and any other institute specific criteria.