GMAT meaning in Business Management ?

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 an MBA program. It requires knowledge of certain specific grammar and knowledge of certain specific algebra, geometry, and arithmetic. 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. 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 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 despite the increasing acceptability of GRE scores. According to GMAC, it has continually performed validity studies to statistically verify that the exam predicts success in business school programs.