Graduate_Management_Admission_Council

Graduate Management Admission Council

Graduate Management Admission Council

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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, Master of Science in Business/Management, etc.) to measure quantitative, verbal, analytical and integrated reasoning skills in applicants.

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GMAC is based in Reston, Virginia. In 2007, the organization opened an office in London, its first international location.[1] GMAC also has offices based in Shanghai, China and Gurgaon, India.[2] The Graduate Management Admission Council has 227 member schools from 34 countries, including Australia, Canada, China, France, Great Britain, India and the United Kingdom.[3] In 2007, the organization embarked on an effort to increase its membership outside North America.[4] GMAC is governed by a 16-member board of directors that includes representation from business schools and private industry.[5]

Products and services

Main article: Graduate Management Admission Test

The GMAT 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.[6] Through the Validity Study Service (VSS), the GMAT has been shown by GMAC 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.[7][8][better source needed] In June 2012, a new section was added to the GMAT Exam called Integrated Reasoning.

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.[9] Admissions professionals can also use GMATCH, GMAC's two-day online global recruiting event.[10]

In 2013, GMAC launched the Reflect Self-Assessment and Development Tool. It is an online assessment and self-directed, soft-skills development program.[11]

See also

References

  1. [1]
    "London Business School Official to Lead European Operations of Graduate Management Education Group". Archived from the original on 2 April 2008. Retrieved 17 June 2008.
  2. [2]
    "GMAC Contact us and Locations". Retrieved 9 April 2012.
  3. [3]
    "GMAC Member Schools". gmac.com. Retrieved 27 April 2023.
  4. [4]
    "Graduate Management Admission Council Introduces New Global Executive Team". Archived from the original on 2 April 2008. Retrieved 17 June 2008.
  5. [5]
    "Board of Directors". Retrieved 9 April 2012.
  6. [6]
    "GMAT Accepting Universities & Schools". Retrieved 5 April 2012.
  7. [7]
    "Calibrate Student Performance (VSS)". Retrieved 9 April 2012.
  8. [8]
    "Evaluating the Predictive Validity of Graduate Management Admission Test Scores". Retrieved 16 June 2008.
  9. [9]
    "Recruit with Precision (GMASS)". Retrieved 9 April 2012.
  10. [10]
    "Recruit Virtually GMATCH". Archived from the original on 30 April 2013. Retrieved 23 April 2013.
  11. [11]
    "The Graduate Management Admission Council Launches Reflect(TM) by GMAC". Retrieved 23 April 2013.
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