The Graduate Management Admission Test (GMAT) is a computer adaptive standardized test in Mathematics and the English language for measuring aptitude to succeed academically in graduate business studies. Business schools commonly use the test as one of many selection criteria for admission into an MBA program. It is given at various locations around the world. Throughout North America and in many international locations, the GMAT is administered only via computer. In those international locations where an extensive network of computers has not yet been established, the GMAT is offered either at temporary computer-based testing centers on a limited schedule or as a paper-based test (given once or twice a year) at local testing centers. As of May 2009, the fee to take the test is U.S. $250 worldwide.
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Wikipedia, Graduate Management Admission Test.