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Graduate Management Admission Test. This standardized test is required for admission at over 1000 business schools worldwide. According to the Graduate Management Admission Council (GMAC), the makers of the test, "The GMAT is specifically designed to measure the verbal, quantitative, and writing skills of applicants for graduate study in business. It does not, however, presuppose any specific knowledge of business or other specific content areas, nor does it measure achievement in any parti