The GMAT (Graduate Management Admission Test) is widely viewed as the entrance test to business school. It is a computer-adaptive test that assesses candidates in three areas of expertise: analytical writing; quantitative skills; and verbal skills.
The maximum score that can be achieved on the GMAT test is 800, and most of the highly-ranked business schools will look for a minimum score of 600 or 650. For anyone who sits the GMAT, the test score is valid for up to five years.
The GMAT is offered in 110 counties and it costs $250 to sit the test. The test is administered by Pearson Vue. (Pearson also owns the Financial Times.)
More than 200,000 business school applicants sit the test every year, with more than 50 per cent of those applicants resident outside the US . In recent years the GRE test (graduate record examination) has provided increased competition to the GMAT. The GRE is a general test for those wanting to go to graduate school – be it in engineering, philosophy or the arts. ViewThe Financial Times MBA Basics homepage