Graduate Management Admission Council

Reston, Virginia, U.S.

Area served

Worldwide

Key people

Joy Jones (Chief Executive Officer)Websitegmac.com

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.

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

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]

References

^ "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.
^ "GMAC Contact us and Locations". Retrieved 9 April 2012.
^ "GMAC Member Schools". gmac.com. Retrieved 27 April 2023.
^ "Graduate Management Admission Council Introduces New Global Executive Team". Archived from the original on 2 April 2008. Retrieved 17 June 2008.
^ "Board of Directors". Retrieved 9 April 2012.
^ "GMAT Accepting Universities & Schools". Retrieved 5 April 2012.
^ "Calibrate Student Performance (VSS)". Retrieved 9 April 2012.
^ "Evaluating the Predictive Validity of Graduate Management Admission Test Scores". Retrieved 16 June 2008.
^ "Recruit with Precision (GMASS)". Retrieved 9 April 2012.
^ "Recruit Virtually GMATCH". Archived from the original on 30 April 2013. Retrieved 23 April 2013.
^ "The Graduate Management Admission Council Launches Reflect(TM) by GMAC". Retrieved 23 April 2013.