Students from small town in India aspire to acquire a job with handsome salary and a green card via a MBA degree. Though there is a steady demand for admission in B-schools in the big metros such as, Bangalore, Mumbai and Delhi, students from tier II cities and mini-metros aspiring to pursue management studies are contributing to burgeoning growth of B-Schools in tier II cities. Last year, around 30,200 (41% increase since 2007) students across India took the GMAT (Graduate management Admission Test) exam.
GMAT is conducted in 17 cities via 20 test centers. During the last two years four new testing centers were added – Indore, Coimbatore, Nagpur and Vishakhapatnam. In the period 2011-2012, the centers in Nagpur, Indore and Vishakhapatnam exhibited a growth of 222%, 80% and 479% respectively.
GMAC (Graduate Management Admission Council) conducts the test in other centers namely, Pune, Chandigarh, Jaipur, Kolkata, Chennai, Mumbai and Delhi. GMAC is planning to open two more centers in Mumbai and a second center in Delhi in 2013. As per GMAC, many students from the aforementioned cities can now afford to go abroad for pursuing their studies.
Moreover, for the convenience of students, in case the council realizes that more than 300 students are traveling for more than 4 hours for reaching a center to take GMAT exam, an additional center will be added in that area. As a result of this decision, an additional center was added in Nagpur since the council found out that quite a few students were traveling either to Delhi or to Mumbai to take GMAT.
About 5,400 graduate and management business programs across the world accept the GMAT exam. In 2011, about 25,394 students took the GMAT exam, which further increased to 30,123 in 2012. US and China rank first and second in the number of student opting to take the exam while India ranks third in the same. Indian students took about 30, 123 exams in 2012 and are programs in Canada, France, Singapore, the UK and India. But as per the recent trend, the emerging destinations for Indian students sending their GMAT scores are Germany, UAE, Hong Kong and Spain.
In 2012, nearly 24,847 (only an increase of 26% since 2008) candidates from Europe took GMAT sent about 60% of their scores to programs within Europe only. In the same year, students from UK, Italy, Russia, France and Germany took more than half the region’s examinations.
Source: The Times of India
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