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."


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