The Graduate Management Admission Council (GMAC) is an international non-profit association of business schools that provides products and services to academic institutions and prospective management education students. The organization owns the Graduate Management Admission Test (GMAT), a standardized exam that is widely used by MBA and other graduate management programs to measure quantitative and verbal skills in applicants. GMAC also serves as an information source for journalists and members of the public interested in information about management education and the role it plays in the overall economy.
GMAC is based in McLean, Virginia, a business center in the suburbs of Washington, D.C. In 2007, the organization opened an office in London, its first international location. GMAC also has a representative based in Hong Kong.
GMAC was founded in 1953 by a group of nine business schools
interested in developing a standardized test for applicants to
business schools. The exam they developed was initially known as
the Admission Test for Graduate Study in Business (ATGSB). The ATGSB was renamed the Graduate Management Admission Test in 1976.
Source:
Wikipedia, Graduate Management Admission Council.
Mind map based on
The Graduate Management Admission Council (GMAC),
gmac.com.
