New industry research reasserts the GMAT’s value to employers and business‑school admissions even as employment outcomes soften: Chicago Booth reported a second consecutive year of lower median total compensation for its Class of 2025, sliding to $194,500. The research highlights persistent employer demand for problem‑solving and data skills measured by standardized tests, while Booth’s employment report shows delayed hiring cycles and lower sign‑on bonuses across consulting and finance. Business schools face pressure to balance admissions policies with demonstrable career outcomes as AI reshapes employer skill requirements and recruiting remains uneven.