The Graduate Management Admissions Council (GMAC) announced the inauguration of Select Section Order, a new feature that will allow candidates to customize their GMAT experience by selecting the order in which they feel most comfortable taking the exam. Select Section Order will be offered to test takers worldwide beginning July 11, 2017. According to Ashok…
A Business Masters Degree is Not a Replacement for an MBA
According to new research by the Graduate Management Admission Council (GMAC), 75% of prospective graduate business school candidates who participated in the GMAC survey and who already have a master’s degree are considering enrolling in MBA programs. This is true for students with both prior business master’s degrees (61%) and non-business master’s degrees (86%). These…
GMAC Releases Results of Year-End Employer Poll
GMAC (Graduate Management Admission Council) has completed their Year-End Poll of Employers for 2016. Participating in the survey were 167 recruiters representing 140 companies located in 27 countries throughout the world, with the majority located in the US. Responders included 36 companies in the Fortune 500, 21 of which are Fortune 100 companies. The poll…
Two-Year MBA Programs Report Drop in Application Volume
GMAC (Graduate Management Admissions Council) has released its 2016 Application Trends Survey. This is the 17th survey since 2000 and includes analysis of information submitted by 872 graduate management programs. These programs represent 335 business schools and faculties in 49 countries worldwide, including 42 U.S. States and Washington, D.C. Survey findings are related to applications…
Introducing the Common Letter of Recommendation
In an effort to streamline and simplify the letter of recommendation writing process, a few top business schools with the cooperation of GMAC have released the new Common Letter of Recommendation. This is an initiative, according to the GMAC website, to “help reduce the burden of asking for – and submitting – letters of recommendation.”…
GMAC Releases Tool That Organizes, Compares & Explains Major Rankings
Rankings have always been a mixed blessing – they provide so much valuable information, but if you don’t know how to analyze or use that data properly, then best case scenario, they become worthless, and worst case scenario, they become harmful. GMAC has just released a new tool, User’s Guide to Full-Time MBA Rankings, that…
GMAC Corporate Recruiters Survey Results 2016
GMAC just released its 2016 Corporate Recruiters Survey Report. 109 graduate business schools participated in the GMAC survey in February and March of this year, and the survey reflects the responses of 842 employers from 530 companies in 40 countries around the world who recruit directly with the participating business schools. Here are some highlights…
GMAC Prospective Students Report Highlights
GMAC (Graduate Management Admission Council) recently released its 2016 mba.com Prospective Students Survey Report. The survey, conducted throughout 2015, analyzes the motivations, planned career paths, and program choices of more than 10,000 business school candidates worldwide. Here are some highlights of the report. • Applicants are becoming more purposeful and directed. Yay! On average, potential…
The New GMAC Executive Assessment for EMBA Applicants
GMAC just launched the new Executive Assessment (EA) test which EMBA applicants can take instead of the GMAT or GRE. Applicants can still take and submit GMAT/GRE scores, but according to GMAC, the EA will become the new industry standard. Here are some key features of the EA: • The EA will test a student’s…
2016 GMAC Alumni Perspectives Survey Report
GMAC released results from its 2016 Alumni Perspectives Survey, based on responses from 14,279 graduate business school alumni from 1980-2015, representing 275 programs in 70 universities at 20 worldwide locations. The survey examines the educational, professional, and personal outcomes of its respondents. ROI is measured based on employment rates, post-degree salary growth, job satisfaction, career…
2015 MBA Key Application Trends: Highlights
GMAC just released the results of its 2015 Application Trends Survey Report. Findings are based on survey responses gathered from representatives from 641 graduate management programs at 306 business schools in 35 countries around the world. Here are some highlights from the report: • Application volume is up at the majority of global full-time MBA…
MBA Trends: Post-MBA Salaries Up, Strong Satisfaction
The results of GMAC’s Global Management Education Graduate Survey are in, and they show a positive picture for new grads. Some highlights: • 59% of job-seeking new business grads had a job offer before graduation. • 89% of new grads would rate their business degree good or outstanding, and 88% would recommend their program to…
The GMAC, the GMAT, and the MBA Degree
Admit it. You just can’t stop thinking about the GMAT. If you are a b-school student (present or future), then Rich D’Amato, Vice President of Global Communications at GMAC, has some important info to share with you. Listen to the full recording of our conversation with Rich for the scoop on new GMAT features, the…
GMAT’s New Enhanced Score Report
Starting in February 2015, GMAC will be launching its new Enhanced Score Report as a way of helping test takers better understand their GMAT performance and potentially strategize and plan for a retest. With this new tool, test takers will be able to see how much time they spent on each question, identify their skill…
Application Volume Increases at MBA Programs
Here are some highlights from GMAC’s recent Application Trends Survey: • For the third year in a row, application volume increased for full-time two-year MBA programs. This year, 61% of programs reported application growth, up from 50% in 2013. • Application volume also increased for professional MBA programs (part-time, online, EMBA, and flexible), as well…
GMAT NEWSFLASH: GMAT to Feature Score Preview
There’s big news going on at GMAC this week: they’ve announced a new and exciting GMAT feature – test takers will now be able to view their GMAT scores before either reporting or canceling them. This update will take effect this Friday, June 27, 2014, and will be available to all test takers at all…
2014 B-School Grads Flock to Jobs in Tech, Healthcare, and Manufacturing
A GMAC press release presents the results of the most recent global student exit survey (of 3049 grads from 111 schools who responded in February and March), revealing that those students seeking jobs in traditional fields like consulting, products/services, and finance/accounting were more likely to have a difficult time securing a position early in the…
GMAC Survey Finds More Employers Eager to Hire MBAs
Last week GMAC released the findings of its annual Corporate Recruiters Survey of 565 employers from 44 countries around the world – and results are looking good for business school graduates! Employers around the world are placing more value on the MBA degree, proving that the degree is a good investment. Percentage of companies hiring new…
Specialized Master’s Degrees in Business Gain Popularity
GMAC’s recent mba.com Prospective Students Survey reveals that even though MBA degrees still come in first as the most sought-after graduate business degree, close to half of prospective business graduate students are considering non-MBA business master’s programs, and one in five prospective students isn’t considering an MBA at all. Here are some additional findings from…
9 Fun Facts about the GMAT
To celebrate GMAC’s 60th birthday, we’ve compiled the following fun GMAT facts from the GMAC site: 1. In 1953, nine b-schools met with ETS to create what would later become the GMAT. Those schools were Harvard, Rutgers, Columbia, Northwestern, Chicago, Seton Hall, Michigan, Washington University (St. Louis), and University of Pennsylvania. 2. Pre-1976 the GMAT was known…
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