Graduate Management Admission Council
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| Founded | 1953 |
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| Focus | Education, testing |
| Location | |
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Area served
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Worldwide |
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Key people
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Sangeet Chowfla (President & Chief Executive) |
| Website | www |
The Graduate Management Admission Council (GMAC) is an international non-profit organization of business schools that provides products and services to academic institutions and prospective graduate management education students. The organization owns the Graduate Management Admission Test (GMAT), a standardized assessment that is widely used by graduate business administration programs (e.g. MBA, Master of Accountancy, Master of Finance, etc.) to measure quantitative, verbal, analytical and integrated reasoning skills in applicants. GMAC also provides survey research and market analysis aimed at helping graduate management admissions professionals make informed decisions, and serves as an information source for journalists and members of the public interested in information about management education and the role it plays in the global economy.
GMAC is based in Reston, Virginia. In 2007, the organization opened an office in London, its first international location. GMAC also has offices based in Hong Kong and Gurgaon, India. The Graduate Management Admission Council has 212 member schools from 22 countries, including Australia, Canada, China, France, Great Britain, India and the United Kingdom. In 2007, the organization embarked on an effort to increase its membership outside North America. GMAC is governed by a 15-member board of directors that includes representation from business schools and private industry.
Today, the GMAT Exam is used by more than 6,000 graduate management education programs at approximately 2,100 business schools worldwide. The exam, taken more than 230,000 times per year, is designed as an objective predictor of how well a student will perform academically in the first year of a graduate business education program. Through the Validity Study Service (VSS), the GMAT has been shown by researchers to be a reliable predictor of academic performance in business school, especially when used in combination with an applicant's undergraduate grade point average. In June 2012, a new section was added to the GMAT Exam called Integrated Reasoning. This section is designed to measure a test taker's ability to evaluate information presented in new formats from multiple sources.
GMAC's other products include the Graduate Management Admission Search Service (GMASS), a searchable database of more than 350,000 GMAT Exam and mba.com registrants that admissions professionals use to search for and recruit candidates. Admissions professionals can also use GMATCH, GMAC’s two-day online global recruiting event.
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