Before going into the GMAT Study Plan, few frequently asked questions first.
GMAT- Frequently Asked Questions:
What does GMAT stand for?
The General Management Admission Test or GMAT is a computer-based adaptive test administered by the Graduate Management Admission Council (GMAC). Contrary to popular belief, GMAT does not grade an examinee’s business skill or intelligence. Rather, GMAT is used to determine the analytical skills, problem-solving capabilities, and critical reasoning abilities of the test taker.
Launched in February 1954, GMAT was first known as “The Admission Test for Graduate Study in Business” (ATGSB) and was administered to 4,228 examinees only. The name was changed in 1976 to GMAT.