GMAC (Graduate Management Admission Council) - Official Guide for GMAT Review 2016 with Online Question Bank and Exclusive Video

THE OFFICIAL GUIDE FOR GMAT REVIEW 2016

Copyright 2015 by the Graduate Management Admission Council. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

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ISBN 9781119042488 (pbk); ISBN 9781119042501 (ePDF); ISBN 9781119042495 (ePub)

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Dear Future GMAT Test-Taker and Business Leader,

This book, The Official Guide for GMAT Review 2016, is designed to help you prepare for and do your best on the GMAT exam. Thats its purpose and our reason for bringing it to you. Its the only guide of its kind published by the Graduate Management Admission Council (GMAC), the makers of the exam.

Taking the GMAT exam lets schools know that youre serious about your graduate business education, that youre motivated and will accept nothing less than the best from yourself. By using the Official Guide to prepare for the GMAT, youre taking a very important step toward gaining admission to a high-quality business or management school or program of your choice.

GMAC was founded by the worlds leading schools in 1953 and, with them, developed the GMAT exam to help people who aspire to careers in management demonstrate their command of the skills needed for success in the classroom. Schools use and trust the GMAT as part of their admissions process because its a very good predictor of that classroom success.

Today more than 6,000 graduate programs around the world use the GMAT exam to establish the MBA degree and other graduate-level management and specialized programs as hallmarks of excellence. That connection to schools has made the GMAT exam the gold standard of admissions assessments for business and management. A fact that makes us both proud and also drives us to keep improving the GMAT and the contribution it can make to you finding and gaining admission to the best school or program for you.

I applaud your commitment to your education, and I know that this book and the other official GMAT preparation materials you will find at mba.com will give you the confidence to achieve your personal best on the GMAT exam and launch a rewarding career in management.

I wish you the best success throughout your education and career.

Sangeet Chowfla

President and CEO
Graduate Management Admission Council, makers of the GMAT Exam

Visit gmat.wiley.com to access web-based supplemental features available in the print book as well. There you can take a diagnostic test to help you get the most out of your study time; access a question bank with 900 practice questions and answer explanations including 50 Integrated Reasoning questions; create personalized practice sets to gauge your skill level; and watch exclusive videos addressing concerns about taking the exam, balancing work and school, and preparing for the GMAT exam.

The Graduate Management Admission Test (GMAT) exam is a standardized exam used in admissions decisions by more than 5,200 graduate management programs worldwide. It helps you gauge, and demonstrate to schools, your academic potential for success in graduate level management studies.

The four-part exam measures your Analytical Writing, Verbal, Quantitative, and Integrated Reasoning skillshigher-order reasoning skills that management faculty worldwide have identified as important for incoming students to have. Unlike undergraduate grades and curricula, which vary in their meaning across regions and institutions, your GMAT scores provide a standardized, statistically reliable measure of how you are likely to perform academically in the core curriculum of a graduate management program. The GMAT exams validity, appropriateness, and value in admissions have been well-established through numerous academic studies.