The GMAT is designed to help Management/Business Colleges to assess the qualifications of those who seek admission to study for an MBA or into another advanced business/management program. Your scores tell them about your potential academic performance in the first year of management college. Besides, many other areas are also considered during the admissions process. GMAT scores are used in some way by more than 1,500 management programs around the world. About 850 of those schools require GMAT scores from each applicant.