GMAC Reports Sharp Increase in Applications in 2008

GMAC published “Applications Rise at Business School Worldwide”  today with impressive stats about the just concluded 2008 MBA admissions season. A few highlights:

  • “Among full-time MBA programs participating in the 2008 GMAC Application Trends Survey, 77 percent – the highest level in five years – said they saw application levels increase. This compares with 64 percent in 2007 and reflects the second-largest year-over-year surge in applications to full-time MBA programs since the survey was first conducted by GMAC in 2000.”
  • Part-time and EMBA programs also reported increases, but not at the same torrid pace.
  • “The GMAT was administered 246,957 times during the testing year that concluded June 30, 2008, representing the busiest testing year ever for the exam.”

About

Linda Abraham is the founder and president of Accepted.com, which she founded in 1994.