The Graduate Management Admission Test (GMAT) is a standardized test that is used by business schools and certain graduate business programs to evaluate the qualifications of applicants. The GMAT is generally considered a predictor of academic success in the first year of a graduate business program; it is not an IQ test or a predictor of future success (or failure) in a given field. The majority of US business schools require the GMAT as part of the application process.