Graduate Management Admission Council (GMAC)
In 1953, the organization now called the Graduate Management Admission Council (GMAC) began as an association of nine business schools whose goal was to develop a standardized test to help business schools select qualified applicants.
In the first year it was offered, the assessment GMAC sponsored, now known as the Graduate Management Admission Test, or GMAT, was taken just over 2,000 times; in recent years, it has been taken more than 200,000 times annually.
GMAC values strong, creative relationships with organizations whose missions reflect our commitment to excellence in graduate management education.