science

Graduate Management Admission Council

Graduate Management Admission Council is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Graduate Management Admission Council rather than just read about it. In short: 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.

Key takeaways

Graduate Management Admission Council belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect Graduate Management Admission Council to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of Graduate Management Admission Council from memory before moving on to harder problems.

Reference excerpt

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. GMAC also has offices based in Shanghai, China and Gurgaon, India. The Graduate Management Admission Council has 227 member schools from 34 countries, including Australia, Canada, China, France, Great Britain, India and the United Kingdom. In 2007, the organization embarked on an effort to increase its membership outside North America. GMAC is governed by a 16-member board of directors that includes representation from business schools and private industry.

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. 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. 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. Admissions professionals can also use GMATCH, GMAC's two-day online global recruiting event. In 2013, GMAC launched the Reflect Self-Assessment and Development Tool. It is an online assessment and self-directed, soft-skills development program.

See also Master of Accountancy Master of Finance Master of Business Administration Standardized Test

References

External links Official website

Worked examples

Example 1 — a first encounter with Graduate Management Admission Council

Start with the simplest possible case. Write down what Graduate Management Admission Council claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Graduate Management Admission Council before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Graduate Management Admission Council ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Graduate Management Admission Council

In research: Graduate Management Admission Council appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses Graduate Management Admission Council in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: Graduate Management Admission Council is common in secondary-school and first-year university syllabi. It links to neighbouring topics American organizations established in 1953, Business schools, Companies based in Reston, Virginia, so understanding it makes those chapters shorter.
In everyday life: Look for Graduate Management Admission Council outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Graduate Management Admission Council in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what Graduate Management Admission Council means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain Graduate Management Admission Council out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Graduate Management Admission Council in simple terms?

Why does Graduate Management Admission Council matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Graduate Management Admission Council?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Graduate Management Admission Council.