The leaders of the Graduate Management Admissions Council (GMAC) and two accreditation agencies (AACSB and EFMO) in coordination with MBA CSEA, have asked ranking institutions to stop their work and postpone the publication of their ranking lists due to the COVID-19 pandemic. In addition to giving reasons for the delay, the letter also underscores the…
NYU Stern Applicants: Real-Life Experience DOES Matter
Getting quality higher education just got easier, or at least it has for some applicants. The New York University Stern School of Business announced this week that it will now be accepting the GMAC Executive Assessment to fulfill the standardized test requirement section of the application form for business students applying to several of its…
Kaplan Test Prep Survey Reveals Drops in Applications to U.S. MBA Programs
Kaplan Test Prep has been surveying business admissions officers for more than 10 years. These surveys provide MBA-hopefuls, as well as those involved in business school education, with the most current information about admissions. 2018 survey highlights The 2018 survey reveals something that top U.S. b-schools haven’t experienced in years – a substantial drop in…
GMAC Releases Latest Report…and the News is Not Good for U.S. Programs
The Graduate Management Admissions Council (GMAC)’s most recent annual Application Trends Survey shows a marked decrease in applications to U.S. business schools. It also discusses where MBA students are choosing to study. A Drop in U.S. Applications GMAC’s survey of 336 graduate-and doctoral-level programs showed 466,112 applications during the 2018 application round. This is down…
GMAT News: Exam Shortened
Good news for students scheduled to take the GMAT beginning April 16, 2018. The exam will now be 30 minutes shorter! The Graduate Management Admissions Council (GMAC) has implemented this change to reduce the anxiety level of test-takers, and to streamline the exam experience. The exam content, types of questions, and average time per question…
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 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…
Busting Two MBA Myths
Thanks to those of you who stopped at Accepted.com’s table at the Los Angeles MBA Tour event a couple of weeks ago and shared your thoughts, doubts, questions, and experiences. I enjoyed meeting you. I was bothered, however, by a certain refrain I heard a few times during the evening. Basically two related MBA myths…
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…
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…
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…
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…
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…
What is the Real Value of an MBA?
“What is the real value of an MBA?” This is the question that all applicants to MBA programs must ask themselves at one point or another. A recent survey by the Graduated Management Admissions Council (“Graduate Management Alums Report 100% ROI After Four Years”) offers one answer to this question. The survey discovered that: 87%…
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…
Admissions Consultants and Conflicts of Interest
Since last week the activities of three admissions directors have raised a storm of controversy in the admissions world. These directors serve or have served on an advisory board at a private admissions consultancy in Japan. The directors have positions at Wharton, UNC Kenan-Flagler, and Columbia Teacher’s College. Wharton has since requested that the director…
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…
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…
