What is GMAC? The Past, Present, and Future of GMAC
GMAT
Talk to ExpertEstablished in 1953, The Graduate Management Admission Council (GMAC) is a global association of leading graduate business schools. An international non-profit organization of business schools, GMAC offers products and services to educational institutions and potential graduate management students.
GMAC owns and administers the Graduate Management Admission Test (GMAT exam). More than 2 lakh aspirants take the GMAT Exam every year. GMAC is governed by a 15-member board of directors that includes representation from business schools and private industry.
GMAT is the most widely accepted exam by graduate business schools globally and is used for admission to more than 7000 graduate programs worldwide. The popularity of the GMAT Exam can be ascertained by the fact that globally 9 out of 10 MBA enrollments are done through GMAT Scores. The GMAT Exam is created by business schools for business schools.
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Apart from this, GMAC also owns NMAT, which is used for getting admission to graduate management programs in India and South Africa. Also, the Executive Assessment is an admission exam specially designed for executive MBA programs. GMAC's head office is based in the USA with its offices in India, Hong Kong, and the United Kingdom. This organization aims to provide state-of-the-art solutions to schools and prospective students to evaluate each other.
The CEO of GMAC has detailed what keeps him going, he replied “Relevance. How relevant is GMAC as an organization to the industry it serves, and how relevant are our products? I worry about the model by which we deliver standardized tests, and I worry about information between schools and students coming together. We do a lot of research into students’ mindsets and their attitudes about applying to business schools. It is primarily driven by anxiety, so how can we reduce that particular anxiety and how can we make the process of finding, selecting and applying to a business school more streamlined?”.
GMAC aims to solve the common problem of the application process of business schools around the world. With time, the usage of technology has also evolved the test, which has benefitted not only the organizing body but aspirants giving this test. Right from its inception, GMAC had brought the students and schools together. GMAC is committed to offering world-class solutions to schools and prospective candidates across the world so they can evaluate each other and no talent goes unnoticed.
Q: How many times is GMAT conducted in a year?
GMAT exam is conducted all around the year for students in India or abroad. Students can apply to any of the chosen GMAT exam dates and register according to their score submissions. GMAT exam is though condusted all around the year, in all the months and all days of the week, there may be date exceptions in some GMAT exam centres. Students may not always find GMAT exam dates suitable based on their choice as centres fill up quickly. Thus, students can check out the GMAT exam dates beforehand and prepare themselves for applications.
Q: What is the GMAT exam for?
GMAT is a standardized exam, score of which are used for obtaining admissions to B-schools abroad and in India as well. Most of the US, UK, Italian, Australian and Canadian universities accept GMAT scores for admissions to MBA programs. Students who are pplying for MBA or MS in Management related courses may have to submit GMAT scores. GMAT is now GMAT Focus Edition, thus, those who are applying for the first time can submit GMAT Focus scores, while those who have previously taken GMAT can submit the scores if they still are valid.
Q: Can I take GMAT every month?
Only five attempts in a year are permitted for taking GMAT exam. Also those who take the GMAT exam on a particular date but want to appear again, will have to wait for 16 days to re-appear. This rule applies for both GMAT's home testing and taking a test at the centre. Thus, applicants can take GMAT exam back to back every month, but they have to keep this in mind, that they will have to give 16 days break between testing dates and can appear for the exam only five times in a year.
Q: How is GMAT conducted?
There are two modes of GMAT exam, which are as follows:
- GMAT Exam Online: This mode of GMAT exam is for those who have limited access to a GMAT exam centre. Or if the exam centre is far off. In this case, applicants can take the GMAT exam online either at home or at any location of their convenience.
- GMAT Exam at Test Centre: For those who want to give the GMAT exam traditionally, can go for the GMAT exam at an exam centre.
The content, duration and pattern of both these above-mentioned GMAT exam modes are similar. Both modes test the same syllabus also, the only difference is the GMAT exam fee. The GMAT online exam is more expensive than appearing for the GMAT exam at the exam centre, which is USD 300 and USD 275 respectively. Thus, applicants can choose their preferred mode of appearing for the GMAT exam, based on their convenience and choice.
Q: How to prepare for UK 10th board exam 2025?
Those who are preparing for the UK Class 10 exam 2025 are recommended to follow the tips below.
- Know the exam pattern
- Make a proper time table as per the syllabus
- Solve previous year question papers
- Make short notes of important formulas and theorems
- Revise regularly
- Figure out weaker areas and learn them well
With proper planning and hard work, students can easily clear the UK 10th board exam.
Q: Can you give me an overview of GMAT slot booking?
The table given below provides an overview of the GMAT exam slot booking:
Head | Details |
|---|---|
Number of GMAT attempts per year | 5 |
Number of GMAT attempts per slot booking | 1 |
Number of GMAT attempts in one’s lifetime | 8 |
Time between 2 consecutive GMAT retakes | At least 16 calendar days |
Appointment availability |
|
GMAT Exam Fees | $275 for the test centre GMAT and $300 for the online GMAT |
Q: How can I get admission in the University of Manchester?
The application process at the University of Manchester may vary depending on the course and level of study. However, here is the application process for UG and PG courses:
The Undergraduate Application Process:
Step 1: You can apply through the UCAS common application portal.
Step 2: Go to the website and select the course you are interested in.
Step 3: Ensure you meet the Entry requirements (Academic qualifications, English proficiency, etc.
Step 4: Once you decide on the course, submit documents such as SOP, Transcripts and personal statements.
Check out: tips to improve your SOP.
Step 5: You can track the application's progress through your given credentials by UCAS.
Step 6: Once the applicant submits the application to UCAS, it forwards to the University, and the admission teams carefully analyse the application document.
Step 7: The university will send you an offer letter once selected. Hence keep checking your UCAS portal for your application status.
The Postgraduate application process:
Step 1: Select the postgraduate course you are interested in from the University of Manchester.\
Step 2: Ensure you meet the entry requirements for the chosen program, as they vary depending on the course.
Step 3: Complete the online application by providing your personal information.
Step 4: Upload the required documents, such as Academic transcripts and proof of English language proficiency ( TOEFL/ IELTS). experience in your fields and references (depending on the course). You also may require Two LORs depending on the course.
To make your admission better, check out the following: How Admission Officers Evaluate your application.
Step 5: If your application is successful, you will receive an offer from the University of Manchester.
Q: What is University of Wales, Trinity Saint famous for?
University of Wales, Trinity Saint (UWTSD) was founded in 2010, is a public institution for higher education and research at multiple locations. It was set up under the 1828 royal charter of Lampeter, the institution was the result of the merger between Trinity University College and the University of Wales. The institution merged with the Swansea Metropolitan University in 2013.
- Top Ranked University: The UWTSD is not ranked by any major ranking body, however as per the university ranking given on the official website of the university, it is ranked among:
- #1st in Wales and UK Top 5 Film Production and Photography
- #1st in Wales and UK Top 5 Fashion and Textiles
- #1st in Wales and UK Top 20 Graphic Design
- #1st in Wales and UK Top 5 Education
- #1st in Wales and UK Top 20 Sports Science
- #1st in Wales and UK Top 20 Mechanical Engineering
- #1st in Wales for Fine Arts
- Variety of Courses: UWTSD offers more than 300 programs at various levels including undergraduate, postgraduate degrees as well as multiple online courses.
- Highly distinguished and learned faculties: the faculty at UWTSD is highly learned and distinguished which enables students to be the best in their field of study.
- High Placements: According to Graduate Outcome data 2019-2020 quoted by the UWTSD, more than 95% of its graduates were found to be employed within 15 Months of graduation. The average salary of a graduate is not explicitly released by UWTSD, however, as per some unofficial sources the average salary of the graduates of UWTSD is approximately INR 30-35L. with the highest salary being reported as high as INR 66.5L for jobs in Financial Services.
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- Universities in USA1037 Universities
- Universities in Canada174 Universities
- Universities in Australia122 Universities
- Universities in Ireland32 Universities
- Universities in New Zealand70 Universities
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