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4% more MBAs to be hired this year, says GMAC

The job market continues to improve for graduate business school degree holders as more employers plan to hire MBAs and specialized business master’s talent than did so last year. With support from partners EFMD and MBA Career Services Council and 158 business schools worldwide, the GMAC 2013 Corporate Recruiters Survey drew responses from more than 900 employers in 50 countries around the world, including adequate samples to report details for the Asia-Pacific region (with Central Asia), Europe, and the United States. Key Findings of the Report: Not only are more...

Increasing popularity of GMAT in small towns

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...

AACSB proposes new accreditation standards

As society demands more from the world’s business schools, dramatic changes in higher education are creating new challenges and opportunities. To provide leadership for this new era in management education, AACSB International (AACSB) announced the release of a new set of accreditation standards for the world’s leading business schools. Approved April 8th by its membership at the AACSB International Conference and Annual Meeting in Chicago, Ill., USA, the standards will help business schools redefine the future of management education and meet the needs of business and society...

Percentage of Indian women taking GMAT exhibits significant increase

The percentage of Indian women taking GMAT is exhibiting a significant increase. The number of Indian women taking the Graduate Management Admission Test (GMAT) in 2012 has increased by 60% since 2007. This corresponds to an increase from 4,863 women in 2007, to 7,812 women in 2012. On a global scale the number of women accounted for 43% of all test takers, as compared to 39% in 2008. India which has the third largest number of aspirants writing the GMAT, after the United States and China, saw a total of 30,213 test takers in 2012. This accounted for 10.5% of global GMAT takers....

GMAT Mobility Patterns Reveal Global Talent Flows, Program Diversity

New Delhi, February 28, 2013 - Graduate management education is becoming more global and more diverse, as a broader range of global applicants are sending their GMAT scores to different types of programs in different parts of the world, according to a trioof student mobility trend reports out today from the Graduate Management Admission Council. “Test takers today have an increasing number of study opportunities with quality schools emerging all across the world, and more types of graduate level programs to consider,” said Alex Chisholm, GMAC director of statistical analysis....

GMAC partners with Hogan Assessments to launch Reflect

A soft skills assessment for students, career advancement, schools and corporations from the makers of the GMAT®exam New Delhi, February 20, 2013  – The Graduate Management Admission Council, in partnership with Hogan Assessments, today launched its newest product,Reflect TM  by GMAC, a soft-skills solution for use by students, professionals at any stage in their careers, business schools looking to develop leadership skills in the classroom, or corporations working to identify and develop talent in the workplace. “Until now, there have been soft-skills...

India outshines US in GMAT scores

GMAT (Graduate Management Admission Test) , one of the globally renowned exams for admissions to Master of Business Management (MBA) program has certainly given India a reason to cheer up. The first reason for India to cheer up is that the number of Indian women taking GMAT exam has increased considerably. The second reason for India to feel proud is that Indians are doing better than US in GMAT exam. GMAC (Graduate Management Admission Council), the testing agency that conducts GMAT exam has revealed that the number of female seeking admission in MBA programs across the world has seen an...

MBA admissions: Claptrap encouraged

Alex Chu , an MBA admissions consultant, says that when it comes to applications, business schools get the twaddle they deserve. But it need not be so . Business schools say that it has become increasingly difficult to judge prospective students as individuals. The problem, they say, is that candidates for their MBA programmes are being over-coached by an industry of admissions consultants on how to write essays, conduct themselves at interviews and prepare recommendation letters. As a result, they claim to receive bucket loads of standardized applications. While this may be true, there...

5 new destinations to choose for an MBA abroad

Other than the conventional locations to apply for a MBA degree like the US or Europe, there are new destinations that offer an attractive range of opportunities for MBA aspirants. Given below are the 5 new study abroad destinations where a student can choose to get an MBA degree: 1. Canada Compared to other countries, Canada has a low population density, which makes it easy for MBA students studying in Canada to search for good job opportunities and relocate due to the country’s strong economy and open immigration policy. Due to its close proximity with the US, it allows...

Finding the right MBA

Taking an MBA is likely to be one of the biggest investments of time and money that you ever make Schools in The Economist 's ranking of MBA programmes insist that they can help boost students' career opportunities and open new areas of expertise and mobility. Indeed, surely the degree is worth pursuing only if it brings with it a sufficient level of professional advancement and personal development. But can an MBA still be considered a gateway to the top table? Do programmes really produce confident, self-aware graduates who can build exciting careers? What is more, if, as is often...

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