In February 1954, ‘The Admission Test for Graduate Study in Business,’ now known as the GMAT, was first administered to 1300 students. More than 5,400 programs offered by more than 1,500 universities and institutions in 83 countries use the GMAT exam as part of the selection criteria for their programs site; The GMAT is a consistent, objective way to evaluate whether potential students are prepared for the rigors of a graduate management program. Many of these programs are business oriented as business schools use the test as a criterion for admission into a wide range of graduate management programs, including MBA, Master of Accountancy, and Master of Finance programs. The GMAT exam is administered in secure, standardized test centers in more than 110 countries around the world and costs In 2011, the latest year for which figures are available, 258,192 GMAT exams were taken by prospective MBA students.

If you are planning to take the GMAT, you may want to consider enrolling in a Gmat course or a GMAT prep course, as it essential to go into the GMAT prepared. A Gmat prep course can familiarize you with the format of the test and the types of questions that will be asked. There are options for an online GMAT prep course. If you can’t take a GMAT prep course, you will at least want to consider purchasing a GMAT review book.

The GRE, or Graduate Record Exam, is another kind of graduate admissions test, testing students abilities in quantitative and verbal reasoning. In addition to the General Test, there are also eight GRE Subject Tests testing knowledge in the specific areas of Biochemistry, Cell and Molecular Biology; Biology; Chemistry; Computer Science; Literature in English; Mathematics; Physics; and Psychology. If you are planning to take the GRE, you will likely want to look into A GRE course or Gre prep course, such as GRE prep Chicago, GRE course Toronto, or a GRE course Chicago.