Graduate Management News
What's New

GMAT Turns 50

In 2004, the Graduate Management Admission Council marks the fiftieth anniversary of the GMAT, originally known as the Admission Test for Graduate Study in Business (ATGSB). The test was developed by nine business schools and Educational Testing Service® to gauge business school applicants’ potential for success in core business and management courses. In its first year, the ATGSB was given to 2,553 test takers. By comparison, in 2003, a total of 218,037 GMAT tests were taken.

The Graduate Management Admission Council will mark the anniversary of the GMAT with an article in Selections, in a timeline of GMAT history on the Selections website, and with a celebration at the 2004 GMAC Annual Industry Conference in June in Boston, Massachusetts.

Some GMAT Stats:

  • In 1954, the ATGSB was offered almost exclusively in the United States. The GMAT® is now administered in 575 locations throughout the world, 211 of which are outside the United States.
  • In 1954, only 54 institutions received ATGSB scores from applicants; today, there are roughly 1,500 GMAT-using institutions and 1,800 GMAT-using programs.
  • Although the test now known as the GMAT was originally designed for graduate business admissions, scores from 20% of GMAT tests taken are submitted to nonbusiness programs.
Graduate Management Admission Test™, GMAT™, Graduate Management Admission Council™, and GMAC™ are registered trademarks of the Graduate Management Admission Council™. All rights reserved.
Click here to visit the home page
Click here to Read Our Archive