gmac.com New & Noteworthy

Numbers Every MBA Wants to See | Poets and Quants

Wed, 22 May 2013 07:00:00 GMT

Poets and Quants | May 22, 2013

The nation’s unemployment rate may be stubbornly high, but a new report on salaries and employment for MBA grads gives plenty of reason for optimism.

Job prospects looking up for MBA grads: survey | The Globe and Mail, Canada

Wed, 22 May 2013 00:00:00 GMT

The Globe and Mail, Canada | May 22, 2013

More employers, globally, plan to hire recent graduates of master-level business programs this year.

Boston Marathon bombing victim looks forward to MBA | bostonherald.com

Mon, 20 May 2013 08:00:00 GMT

bostonherald.com | May 20, 2013

Brittany Loring, 29, will don her cap and gown to receive an MBA today and her law degree Friday at Boston College, with shrapnel still in her leg and scars on her face and neck from last month’s Boston Marathon bombings. She spoke to the Herald’s Christine McConville yesterday about her injuries and her future.

Submit your TeamMBA Event Today

Thu, 16 May 2013 07:00:00 GMT

teammba.gmac.com | May 16, 2013

Time is running out! Enter your charitable events here by May 31, 2013.

Does An MBA Make You Happy? The MBA Happiness Index 2013 | forbes.com

Tue, 14 May 2013 07:00:00 GMT

forbes.com | May 14, 2013

You might typically expect people investing up to two years of their time and money to gain an MBA to have a mix of optimism, ambition, and determination. But until now, no one has thought to ask the same group whether pursuing an MBA actually makes them happy.

The Rise in Business-Analytics Degrees | Huffington Post

Tue, 14 May 2013 07:00:00 GMT

Huffington Post | May 14, 2013

Obtaining a master's degree in the high-growth field of information systems or business analytics has big benefits, notes Amy Hillman, dean of Arizona State University’s W. P. Carey School of Business.

MBAs bypass corporate America to join family firms | Crain's New York

Sun, 12 May 2013 07:00:00 GMT

Crain's New York | May 12, 2013

More MBAs are working for family-owned businesses, as corporate jobs are harder to come by and more family firms require offspring to get management education and outside experience before coming into the business. GMAC’s Application Trends Survey is cited.

Putting the politics into business education | FT.com, metered paywall

Thu, 09 May 2013 07:00:00 GMT

FT.com, metered paywall | May 9, 2013

Business schools should do more to teach students how political change affects business, writes Mike Bastin, researcher at Nottingham University’s School of Contemporary Chinese Studies and visiting professor at China’s University of International Business and Economics.

What Makes MBAs Tick? | Bloomberg Businessweek.com

Thu, 09 May 2013 07:00:00 GMT

Bloomberg Businessweek.com | May 9, 2013

GMAC's mba.com Prospective Students Survey explores differences between prospective full-time and part-time graduate management education students. The EFMD blog also reports on various findings, noting that the MBA student marketplace is dominated by the Generation X, while the non-MBA business master’s marketplace is populated by Generation Y.

MBA Apps See Strong Rise: GMAC CEO | CNBC London

Tue, 07 May 2013 07:00:00 GMT

CNBC London | May 7, 2013

GMAC CEO David Wilson discusses global trends, including the increase of applications by women to graduate management education programs.

MBA Graduates Still Eschewing Finance | wsj.com video

Tue, 07 May 2013 07:00:00 GMT

wsj.com video | May 7, 2013

Paul Danos, dean of the Tuck School of Business at Dartmouth, gives a video interview discussing the market for MBAs from top schools, noting that graduates gain not just salary but many career options.

GMAT Exam: Things you should know | Yahoo! India via India Today

Tue, 07 May 2013 07:00:00 GMT

Yahoo! India via India Today | May 7, 2013

GMAT scores are accepted by nearly 185 programs at 83 business schools in India, and the GMAT exam has been ratified as one of the admission tests for PGDM programs approved by AICTE, according to Ashish Bhardwaj, GMAC Vice President, APAC.

Millennials with MBAs forced to look beyond big firms | today.com, NBC

Thu, 02 May 2013 06:30:00 GMT

today.com, NBC | May 2, 2013

By necessity and choice, more MBAs are passing up Wall Street and Fortune 500 companies to work in smaller firms or start-ups. The GMAC Global Management Graduate Survey is cited.

How America's Business Schools Can Save Themselves From Irrelevance | The Atlantic

Tue, 30 Apr 2013 07:00:00 GMT

The Atlantic | April 30, 2013

Business schools need to adapt to a world in which creating a product and starting a company have never been easier—but building and sustaining a business have never been harder, writes Todd Tauber.

M.B.A. graduates bypass Wall Street | Crain's New York

Mon, 29 Apr 2013 07:00:00 GMT

Crain's New York, free registration required | April 29, 2013

Wall Street is losing its luster for MBAs, as graduates at New York area schools turn to industries like entertainment and luxury goods. GMAC’s Application Trends and Global Management Education Graduate surveys are cited. Sidebar coverage to the Crain’s list of 25 largest New York-area business schools (US$59) notes that the percentage of women at 19 of them is up.

The Rise of the International MBA | Forbes.com

Fri, 26 Apr 2013 07:30:00 GMT

Forbes.com | April 26, 2013

Shawn O’Connor offers an analysis of GMAC’s World Geographic Trend Report, concluding that the tide is turning toward international MBAs.

Decide Between an MBA and M.S. at Business School | USNews.com

Thu, 25 Apr 2013 07:00:00 GMT

USNews.com | April 25, 2013

The proportion of potential students interested in specialized master's degrees from business schools is on the rise, according to GMAC’s mba.com Prospective Students Survey.

The True Value of the MBA Alumni Network | Bloomberg Businessweek.com

Wed, 24 Apr 2013 07:00:00 GMT

Bloomberg Businessweek.com | April 24, 2013

Prospective students rarely realize how important a school’s alumni network is when they invest in an MBA, writes Roxanne Hori, associate dean of corporate partnerships at Northwestern University’s Kellogg School of Management.

Tone Soft Skills Through Listening And Awareness | investors.com

Wed, 24 Apr 2013 07:00:00 GMT

investors.com | April 24, 2013

An article on the importance of developing soft skills in the workplace mentions Reflect by GMAC and quotes Ryan Ross, vice president of Global Alliances at Hogan.

Paying for B-School With Help From Mom and Dad | Bloomberg Businessweek.com

Fri, 19 Apr 2013 07:00:00 GMT

Bloomberg Businessweek.com | April 19, 2013

Business school students are relying on their parents to foot more of their education, according to data from GMAC’s mba.com Prospective Students Survey. The updated GMAC News Center features an announcement of the survey with an interactive financing tool showing financing mix by world region and program type.

More MBA Grads Are Switching Careers as Job Market Improves | Bloomberg Businessweek.com

Thu, 18 Apr 2013 07:00:00 GMT

Bloomberg Businessweek.com | April 18, 2013

With the economy improving, more MBA graduates are able to switch careers, according to data from GMAC. "The fact that companies are once again willing to take on management-level hires with relevant—though not direct—industry experience is a strong indicator of an improving MBA job market."

Prospective Students Focus on Different Types of Business Programs | Graduate Management News

Tue, 16 Apr 2013 06:30:00 GMT

Graduate Management News/gmac.com | April 16, 2013

GMAC’s 2013 mba.com Prospective Students Survey finds that graduate management programs are drawing a wider range of applicants, and they are more likely to have a single program type in mind, writes GMAC's Gregg Schoenfeld.

Exploring the job market | chicagotribune.com

Mon, 15 Apr 2013 07:30:00 GMT

chicagotribune.com | April 15, 2013

The job market is picking up for MBAs, and several data points from GMAC’s Year-End Poll of Employers are cited, including employer demand for integrated reasoning skills and the value of student internships. Also in the Tribune’s MBA section, Chicago-area business schools are adjusting to declining or flat enrollment by diversifying their offerings. GMAC’s Tracey Briggs is cited.

The perks of an MBA in Europe | The Independent, UK

Wed, 10 Apr 2013 07:00:00 GMT

The Independent, UK | April 10, 2013

Offering shorter full-time programs than the US, Europe is an increasingly popular MBA destination. GMAC’s Jane Delbene is quoted and the 2012 Application Trends Survey is cited. A companion piece on the push to get more women in business leadership positions notes that 43 percent of GMAT exams are taken by women.

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Wed, 10 Apr 2013 03:00:00 GMT

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B-School Accrediting Body Retools Standards | wsj.com

Tue, 09 Apr 2013 07:00:00 GMT

wsj.com | April 8, 2013

New AACSB accreditation standards approved Monday assess schools in the context of their individual missions, rather than against a common standard, but some deans privately wonder whether accreditation will be less meaningful. The standards were widely covered, with the Chronicle of Higher Education reporting that business schools have more flexibility to innovate but will be under more pressure to differentiate themselves; Bloomberg Businessweek reporting that there are tougher curriculum requirements for ethics, sustainability, and the global marketplace; and the FT comparing the approach to EFMD’s. Margaret Heffernan weighs in with pros and cons in CBS Moneywatch.

Women on a high in UK's blue-chip boardrooms | The Independent, UK

Sun, 07 Apr 2013 07:00:00 GMT

The Independent, UK | April 7, 2013

The number of women on the boards of FTSE 100 companies is at a record high, but there's a long way to go before there's parity.

Personality test for business school students | Korea Times

Sun, 07 Apr 2013 07:00:00 GMT

Korea Times | April 7, 2013

A review of the Reflect by GMAC soft skills assessment and tool praises the useful reports, says some of the evaluations are “terrifyingly correct,” and recommends taking the assessment while in a calm state of mind. GMAC’s Ashish Bhardwaj is quoted. Bhardwaj, meanwhile, is also quoted about management education trends in Asia and the World Geographic Trend Report in another major Korean newspaper, the JoongAng Daily.

Businesswomen studying for a degree of success | theraconteur.co.uk

Thu, 04 Apr 2013 07:00:00 GMT

theraconteur.co.uk | April 4, 2013

More women are going to business school, but they’re still a minority in MBA programs. GMAC’s mba.com Prospective Students Survey and Alumni Perspectives Survey are quoted. GMAC data are also sourced heavily in a Business2Community infographic.

Narrowing the MBA gender gap | The Independent, UK

Wed, 03 Apr 2013 07:00:00 GMT

The Independent, UK | April 3, 2013

Several business schools have increased the number of female students through a combination of niche marketing, family-friendly facilities, networking and scholarships. The record number of GMAT exams taken by women and countries in which more exams are taken by women than men are cited.

Why So Few Women Reach the Executive Rank | NYTimes.com, metered paywall

Wed, 03 Apr 2013 06:30:00 GMT

NYTimes.com, metered paywall | April 3, 2013

An analysis of the current debate over why there are so few women in the C-suite notes 43 percent of GMAT exams are taken by women.

Chinese Deluge U.S. Master's Programs | wsj.com

Wed, 03 Apr 2013 06:00:00 GMT

wsj.com | April 3, 2013

Chinese students seeking a competitive edge and US experience are flocking to US specialized master's programs in accounting, finance and other disciplines, in some cases accounting for the vast majority of applicants. GMAT test taking and score-sending figures are cited, and GMAC’s Application Trends and Corporate Recruiters surveys are cited in a related blog post on the pros and cons of specialized master’s programs.

Netflix bases bet on big data, but where will the analysts come from? | Globe and Mail, Canada

Tue, 02 Apr 2013 06:30:00 GMT

Globe and Mail, Canada | April 2, 2013

More business schools are offering specialized master's degrees in data analytics, including Queen's University.

Tom Davenport on using analytics to influence business decision-makers | Search CIO

Fri, 29 Mar 2013 07:00:00 GMT

Search CIO | March 29, 2013

Tom Davenport, visiting Harvard Business School professor and co-author of Keeping Up with the Quants: Your Guide to Understanding and Using Analytics, says numerical data are only a means to influencing business decisions.

New study destinations beckon aspirants | Deccan Herald, India

Thu, 28 Mar 2013 07:00:00 GMT

Deccan Herald, India | March 28, 2013

China, as well as Hong Kong and Singapore are emerging study destinations for Asian business students. GMAC’s Geographic Trend Reports are cited.

Graduate Management Admission Council Updates Free GMATPrep Software | GMAC News Center

Tue, 26 Mar 2013 10:00:00 GMT

GMAC News Center | March 26, 2013

GMATPrep v2.2, an update of the free software GMAC provides to test takers to prepare for the exam, includes new features added after feedback from test takers and test prep companies. There's also an infographic on using GMATPrep v2.2 to study more effectively. Meanwhile, coverage of Reflect by GMAC, the soft skills assessment and tool, continues in the MBA Channel.

In China, Executives Flock Back to School for Unfinished Business | International Herald Tribute/nytimes.com

Tue, 26 Mar 2013 09:00:00 GMT

International Herald Tribune/nytimes.com, metered paywall | March 26, 2013

China has 62 business schools offering EMBAs to more than 8,000 students a year as the country’s business leaders, who lacked educational opportunities while growing up during the Cultural Revolution, are making up for lost time. Also in the IHT education special report: How business schools teach sustainability, and a Q&A with Harvard Business School Dean Nitin Nohria.

Integrated Reasoning: 9 Months In | Kaplan GMAT Blog

Thu, 21 Mar 2013 10:00:00 GMT

Kaplan GMAT Blog | March 21, 2013

A “where are they now” post about GMAT Integrated Reasoning says test takers should take IR seriously, but not at the expense of the Verbal and Quantitative sections. “Inarguably, the GMAT is the preeminent business school admissions exam. It communicates a level of focus and dedication to securing a graduate management degree that the GRE will never be able to replicate. Integrated Reasoning strengthens the GMAT’s already powerful position.”

Sustainability Moves Up the Agenda at Business Schools | ft.com

Thu, 21 Mar 2013 09:00:00 GMT

ft.com, metered paywall | March 21, 2013

AACSB and EFMD have signed a long-term partnership with the Globally Responsible Leadership Initiative to address the issues business schools face when they try to change their curriculum or teaching models.

Business Schools Explore How to Use Integrated Reasoning in the Admissions Process | Kaplan GMAT Blog

Thu, 21 Mar 2013 07:00:00 GMT

Kaplan GMAT Blog | March 14, 2013

Business schools are actively assessing how to use GMAT Integrated Reasoning scores, leading Kaplan to conclude that the section is worth taking seriously: “While IR may not play a major role in the admissions process for the next few years, a solid IR score can only help applicants.”

Women Gaining Career Momentum | Graduate Management News

Wed, 20 Mar 2013 07:00:00 GMT

Graduate Management News | March 20, 2013

A record 122,843 GMAT exams were taken by women in testing year 2012 as the annual growth rate for women in the past 10 years was nearly double that of men. Also in the March issue: A guest column by Elissa Sangster of the Forte Foundation, Integrated Reasoning skills and higher salaries, and student mobility in graduate management education.

Washington becomes a test case for changes in online higher education | Washington Post Capital Business

Mon, 18 Mar 2013 07:00:00 GMT

Washington Post Capital Business | March 18, 2013

Online MBAs offered by Washington area schools are a microcosm for trends reshaping the industry: No two universities are taking an identical approach.

Online MBAs are making business education more accessible, but there are still concerns to be addressed | Cityam.com, London

Thu, 14 Mar 2013 07:00:00 GMT

Cityam.com, London | March 14, 2013

Online MBAs offer more flexibility and often a lower price tag, but students may lose networking opportunities. GMAC's Application Trends Survey is cited and GMAC's Jane Delbene is quoted.

Agribusiness hungry for specialized business grads | Globe and Mail

Wed, 13 Mar 2013 07:00:00 GMT

Globe and Mail, Canada | March 13, 2013

As farming becomes agribusiness, the industry demands farmers with business degrees. Also in the Globe and Mail: articles focusing on 40-something business school students, the challenges faced by students who attend school far from home, career guidance for MBAs, (citing GMAT volume in Canada), and MBA funding (citing figures on student debt from GMAC's Alumni Perspectives Survey).

‘Next generation GMAT’ | The Hindu

Mon, 11 Mar 2013 07:00:00 GMT

The Hindu | March 11, 2013

GMAC’s Ashok Sarathy is interviewed about the state of management education. About 50 years ago, the GMAT exam was primarily a U.S.-based test, he says. "But today, management education has caught on globally,” he adds.

The Hot New Target for B-School Applicants: Germany | Bloomberg Businessweek.com

Fri, 08 Mar 2013 07:00:00 GMT

Bloomberg Businessweek.com | March 8, 2013

Germans now sit for more GMAT exams than any other European citizen group, and for the first time, the country was among the top 10 destinations where GMAT test takers sent their test scores.

In Job Hunt, B-Schools Play Matchmaker | wsj.com

Wed, 06 Mar 2013 07:00:00 GMT

wsj.com | March 6, 2013

Career services offices at some top schools are taking a more personalized approach to helping students land jobs.

Women Are Taking the GMAT in Record Numbers | Bloomberg Businessweek.com

Tue, 05 Mar 2013 07:00:00 GMT

Bloomberg Businessweek.com | March 5, 2013

A record 122,843 GMAT tests, or 43 percent of the total, were taken by women in the 2012 testing year, with Chinese women leading the way, according to GMAC’s Geographic Trend Reports.

‘Reflect’ on your competencies | The Hindu

Mon, 04 Mar 2013 07:00:00 GMT

The Hindu, India | March 4, 2013

GMAC’s Reflect self-assessment and development tool evaluates soft skills important to corporate recruiters and provides concrete action items to help individuals improve their job performance. GMAC’s Ashok Sarathy is quoted.

MBA Application Cheats: Fraud, or Simply Stretching the Truth | TopMBA.com

Thu, 28 Feb 2013 07:00:00 GMT

TopMBA.com | February 28, 2013

A look at how MBA applicants misrepresent themselves to schools includes a discussion of how people try to cheat on the GMAT exam. GMAC’s Jane Delbene is quoted.

Younger GMAT Test Takers Target Specialization | Bloomberg Businessweek.com

Thu, 28 Feb 2013 07:00:00 GMT

Bloomberg Businessweek.com | February 28, 2013

New GMAC Geographic Trend Report data show that GMAT test takers around the world are skewing younger as interest in specialized masters degrees grows, and European business schools are capturing a larger share of potential applicants. GMAC's Alex Chisholm is quoted. More coverage of the World, European, and Asian reports, released Wednesday, include Canada’s Globe and Mail, highlighting the record number of women taking the GMAT exam, and Stacy Blackman’s blog and India’s Minglebox, which both include the GMAC world map graphic.

B-School Applicants Stick Close To Home | wsj.com At Work blog

Wed, 27 Feb 2013 07:00:00 GMT

wsj.com At Work blog | February 27, 2013

Business schools in Asia and Europe are seeing more local students, according to data in GMAC’s World, Asian, and European Geographic Trend Reports, out today. Early coverage of the media release includes a long piece in Poets and Quants.

GMAC ‘Jazzed’ By Early IR Section Results | Poets and Quants

Tue, 26 Feb 2013 07:00:00 GMT

Poets and Quants | February 26, 2013

Data on more than 110,000 Integrated Reasoning scores since the section was launched in June show that the section is adding a new data point to the admissions process and is not biased for or against any subgroup of test takers. GMAC’s Peg Jobst is quoted, as is Larry Rudner’s recent Graduate Management News column.

New online skill test | EducationTimes.com, Times of India

Mon, 25 Feb 2013 07:00:00 GMT

EducationTimes.com, Times of India | February 25, 2013

Andrew Martelli, vice president of product development at GMAC, gives a Q&A to the Times of India on Reflect by GMAC, a soft skills assessment and tool launched last week. A video on GMAC's News Center shows how the test works.

6 Key Takeaways from the GMAT Test Prep Summit | PaGaLGuY.com, India

Sat, 23 Feb 2013 07:00:00 GMT

PaGaLGuY.com, India | February 23, 2013

Integrated Reasoning will become more important in the coming admissions cycle and should not be taken lightly, GMAC’s Larry Rudner said at the GMAT Test Prep Summit in New Delhi. Also from India: MBA Pursuit notes that Businessweek reports that schools are inching toward using the section more, with schools such as the Vanderbilt Owen School of Management doing a concurrent validity study.

Specialist MBAs: 'We have sea captains studying with us on the seven seas' | Daily Telegraph, UK

Wed, 20 Feb 2013 07:00:00 GMT

Daily Telegraph, UK | February 20, 2013

GMAC's Jane Delbene is quoted in an article on how specialized MBAs can give you a leg up in niche industries. Also in the Telegraph's MBA coverage this week: How an MBA can make you more employable, quoting GMAC's Alumni Perspectives Survey and Year-End Poll of Employers; an increased emphasis on ethics.

Wanted: B-School Students With ‘Soft Skills’ | Wall Street Journal At Work Blog

Wed, 20 Feb 2013 07:00:00 GMT

Wall Street Journal At Work Blog, wsj.com | February 20, 2013

GMAC is launching Reflect by GMAC, a soft skills assessment and personal development tool that is meant for use outside high-stakes admissions. GMAC has sent out two media releases: One on the GMAC News Center and on Marketwire in English and Chinese; the other for campus media on U-Wire. Early first-day coverage includes Inside Higher Ed and India’s Business Standard, as well as Graduate Management News.

Alsop Perspective: Soft Skills Makes Recruiters' Wish List | Graduate Management News

Wed, 20 Feb 2013 07:00:00 GMT

Graduate Management News | February 20, 2013

Ron Alsop explores the importance of soft skills to business schools. Also in the February issue: GMAC launches Reflect by GMAC; the 2013 Alumni Perspectives Survey, a Data to Go on student mobility, based on the upcoming World Geographic Trend Reports; the GMAC partnership with the Student Veterans of America.

Education must produce entrepreneurs | FT.com, metered paywall

Mon, 18 Feb 2013 06:00:00 GMT

FT.com, metered paywall | February 18, 2013

Entrepreneurship is the world’s most powerful force for social and economic value creation, and education must focus on creating more entrepreneurs, writes Len Schlesinger, president of Babson College.

M.B.A. Hopefuls Apply Themselves–A Lot | Wall Street Journal At Work blog

Tue, 12 Feb 2013 07:00:00 GMT

Wall Street Journal At Work blog | February 12, 2013

Although 41.1 percent of business school applicants surveyed by Stacy Blackman Consulting applied to three or four schools and 40 percent applied to five to seven schools, nearly 8 percent submitted eight or more applications this year.

Business schools’ big data revolution | FT.com, metered paywall

Mon, 11 Feb 2013 07:00:00 GMT

FT.com, metered paywall | February 11, 2013

The term “Big Data” means different things to different people, but the promise of using data to make better business decisions is making data analytics a hot trend in business school. A related story reports that Singapore is becoming a hub for consumer research. Also: Andy Neely, director of the Cambridge Service Alliance, University of Cambridge, makes the case for why business schools should embrace Big Data.

Rivals bury their differences to promote Canadian MBAs | FT.com, metered paywall

Fri, 08 Feb 2013 07:00:00 GMT

FT.com, metered paywall | February 8, 2013

Six top Canadian business schools—Desautels (McGill), Ivey (Western Ontario) Queen’s, Rotman (Toronto), Sauder (British Columbia), and Schulich (York)—have formed the Canadian MBA Alliance to promote Canadian MBA programs to domestic and international students.

Five Schools Become Latest Members of Graduate Management Admission Council | gmac.com/newscenter

Wed, 06 Feb 2013 07:00:00 GMT

gmac.com/newscenter | February 6, 2013

GMAC welcomes five new member schools: The Indian Institute of Management-Calcutta, European School of Management and Technology (Germany); National Taiwan University College of Management; Renmin University of China School of Business; and XLRI, Xavier School of Management (India).

Does an 'A' in Ethics Have Any Value? | Wall Street Journal

Wed, 06 Feb 2013 07:00:00 GMT

Wall Street Journal | February 6, 2013

Hoping to prevent another Bernard Madoff-like scandal or insider-trading debacle, a group of schools, led by University of Colorado's Leeds School of Business, is trying to generate support for more ethics training. Reporter Melissa Korn discusses the article in a video.

Sustainable enterprises give students food for thought | FT.com, metered paywall,

Mon, 04 Feb 2013 07:00:00 GMT

FT.com, metered paywall | February 4, 2013

More business schools are catering to students interested in starting food businesses, especially sustainable food businesses.

EFMD & GMAC to Hold Global MBA Directors Conference at IMD | gmac.com/newscenter

Tue, 29 Jan 2013 07:00:00 GMT

gmac.com/newscenter | January 29, 2013

With GMAC's support, EFMD will host a conference exploring the role of the program director March 17-19 at IMD in Lausanne, Switzerland.

Personal development: Know thyself | FT.com, metered paywall

Mon, 28 Jan 2013 07:00:00 GMT

FT.com, metered paywall | January 28, 2013

Business schools such as Switzerland’s IMD, University of North Carolina’s Kenan-Flagler School, and the UK’s Cranfield School, are integrating personal development, with leadership and collaboration exercises, sessions, and coaching.

Graduate Management Admission Council and Student Veterans of America Announce Partnership | GMAC News Center/gmac.com

Mon, 28 Jan 2013 07:00:00 GMT

GMAC News Center/gmac.com | January 28, 2013

The Graduate Management Admission Council and the Student Veterans of America have entered a partnership to help both groups better provide student veterans the resources and support they need to succeed in management education and beyond.

Creative Destruction Visits the MBA | Harvard Business Review blog

Thu, 24 Jan 2013 07:00:00 GMT

Harvard Business Review blog | January 24, 2013

Market forces in graduate business education may mean business schools without points of differentiation may find it hard to stay in business, and schools will look at ways to expand their executive offerings, writes Rita Gunther McGrath, professor at Columbia Business School.

B-School Grads, Open to Change, See Uptick in Hiring | wsj.com At Work blog

Thu, 24 Jan 2013 07:00:00 GMT

wsj.com At Work blog | January 24, 2013

GMAC’s Alumni Perspectives Survey finds a 92 percent employment rate for 2012 business school graduates, including 31 percent employed in industries different from what they intended when they started school. There’s more coverage of the survey in USNews.com, quoting GMAC’s Tracey Briggs; in Canada’s Globe and Mail, quoting GMAC’s Michelle Sparkman Renz; as well as in the Times of India, Poets and Quants, and Stacy Blackman’s blog.

Fair chance for non-engineers in B-schools | The Tribune, India

Wed, 23 Jan 2013 07:00:00 GMT

The Tribune, India | January 23, 2013

In a Q&A, GMAC’s Ashish Bhardwaj discusses the role of standardized testing for MBA programs and changes to the GMAT exam.

Job Prospects Improving, Survey Finds | Bloomberg Businessweek.com

Tue, 22 Jan 2013 07:00:00 GMT

Bloomberg Businessweek.com | January 22, 2013

Employment rates are up for MBAs who received their degrees since 2000, with 92 percent of class of 2012 graduates employed, says GMAC’s 2013 Alumni Perspectives Survey, released Tuesday. Survey findings are also referenced in an MBA guide in the UK’s Guardian (value of the degree) and in the GMAC MET Fund Giving Back blog (self-employment rates in the Middle East and Africa).

Demystifying the GMAT: What We Know About IR 6 Months After Launch | Graduate Management News

Fri, 18 Jan 2013 13:30:00 GMT

Graduate Management News/gmac.com | January 15, 2013

GMAC’s Larry Rudner explains what GMAC has learned from more than 105,000 Integrated Reasoning scores so far: It’s not showing any bias toward or against any subgroups of test takers, and it is measuring a distinct skill – related to verbal and quantitative reasoning, yet also separate. Also in January’s Graduate Management News: Coverage of an IR webinar for schools; a Q&A on honesty and business schools with Duke professor Dan Ariely; a demographic breakdown of those sending GMAT scores to online MBA programs.

B-schools help students reveal soft skills | Globe and Mail, Canada

Fri, 18 Jan 2013 07:00:00 GMT

Globe and Mail, Canada | January 18, 2013

Canada’s corporations want business school graduates with more abstract leadership skills, so business school career development offices are working with students to develop their soft skills.

MBA Site Steers Students into Internships | businessnewsdaily.com

Wed, 16 Jan 2013 07:00:00 GMT

businessnewsdaily.com | January 16, 2013

MBAProjectSearch has helped to place around 100 MBA students into internships since its launch in August 2012, giving them a taste of the real world. The site, which is free to use, acts as an online meeting place for MBA students and businesses seeking assistance.

How To Score Well on the GMAT | Africa.com

Tue, 15 Jan 2013 07:00:00 GMT

Africa.com | January 15, 2013

GMAC’s Ron Sibert explains how important proper preparation is to performing well on the GMAT exam.

Schools brim over with MBA students | Business Day, South Africa

Sun, 13 Jan 2013 06:30:00 GMT

Business Day, South Africa | January 13, 2013

Applications to MBA programs in South Africa are on the rise, with only about two in five applicants to the University of Stellenbosch Business School admitted. GMAC’s Application Trends Survey is cited. Also from South Africa, The Citizen reports a new study by MBA Connect finds that it takes an average of less than two years for an MBA to realize the monetary value of the degree, and the non-financial returns are even more immediate.

Job market for MBAs looking up in 2013 | Globe and Mail, Canada

Wed, 09 Jan 2013 07:00:00 GMT

Globe and Mail, Canada | January 9, 2013

Despite economic uncertainty, GMAC’s 2012 Year-End Poll of Employers shows that the job market is looking up for class of 2013 MBAs.

Universities master the art of creativity | ft.com, metered paywall

Mon, 07 Jan 2013 07:00:00 GMT

ft.com, metered paywall | January 7, 2013

Two universities in Milan are offering master’s programs in color design and technology, part of a growing pack of universities rolling out masters degree programs designed to attract students by offering preparation for jobs that are or will be in demand

What will the MBA market in 2013 look like? | The MBA Channel

Mon, 07 Jan 2013 06:00:00 GMT

The MBA Channel | January 7, 2013

In a Q&A, GMAC’s Dave Wilson offers his views about the importance of data analytics, growth markets for the MBA, and the challenge of MOOCs.

MBA courses boom in Russian business schools | The Telegraph, UK

Wed, 02 Jan 2013 07:00:00 GMT

The Telegraph, UK, via Rossiyskaya Gazeta, Russia | January 2, 2013

Quality business programs are thriving in Russia, drawing top-level managers. But it will take years for them to overcome the bad reputation Russian business schools got in the 1990s when a large number of fake business schools emerged.

MBA graduates put their best foot forward | ft.com, metered paywall

Wed, 02 Jan 2013 07:00:00 GMT

ft.com, metered paywall | January 2, 2013

Running e-commerce fashion companies is a trendy field for female MBAs.

M.B.A. Pop Quiz: Are You Employable? | Wall Street Journal

Wed, 02 Jan 2013 07:00:00 GMT

Wall Street Journal | January 2, 2013

As more emphasis is put on job placement, career services staff are sitting in on admissions talks about prospective students.

Do MBAs Make Better CEOs? | Bloomberg Businessweek.com

Thu, 27 Dec 2012 07:00:00 GMT

Bloomberg Businessweek.com | December 27, 2012

MBAs are significantly less likely to be among the most ineffective corporate leaders, according to new research from Chief Executive magazine and Applied Finance Group, a Chicago equity research and valuation firm.

Validity of Integrated Reasoning | In the Studio with GMAC

Tue, 18 Dec 2012 00:00:00 GMT

In the Studio | December 13, 2012

Learn about the validity of the Integrated Reasonsing section of the GMAT Exam in our latest installment of In the Studio with GMAC.

Industry worldwide plans to hire more business graduates – Survey | University World News

Sun, 16 Dec 2012 07:00:00 GMT

University World News | December 16, 2012

Class of 2013 graduates can look forward to an improved job market despite sustained economic uncertainty, says GMAC’s Year End Poll of Employers. GMAC’s Rebecca Estrada is quoted; there’s more coverage of the poll in the Boston Business Journal (US), New Indian Express (India) and Globe and Mail (Canada, second brief).

‘Students will learn fundamentals of business, test new ideas and meet potential investors’ | Korea Times

Fri, 14 Dec 2012 07:00:00 GMT

Korea Times | December 14, 2012

Julia Tyler, GMAC's executive vice president of global market development, visited Seoul in late November and discussed why an MBA can be helpful to budding entrepreneurs.

Survey Finds MBA Applicants Still Prefer GMAT Over GRE | StacyBlackman.com blog

Thu, 13 Dec 2012 08:00:00 GMT

StacyBlackman.com blog | December 13, 2012

A Kaplan survey of US business schools conducted in August and September notes that 24 percent of business schools that do not accept the GRE say the addition of the Integrated Reasoning section of the GMAT exam makes it less likely that they’ll start taking the GRE. The Clear Admit blog makes the same point.

Why 2013 will be the year of the MBA | Management Today, UK

Thu, 13 Dec 2012 07:00:00 GMT

Management Today, UK | December 13, 2012

Better leadership and management are needed to navigate the UK out of tough economic times, making management degrees more valuable than ever in the years to come, writes GMAC’s Julia Tyler.

Guest Column: Better Decisions Through Business Analytics | Graduate Management News

Tue, 11 Dec 2012 07:00:00 GMT

Graduate Management News/gmac.com | December 11, 2012

Data analytics are increasingly used to make smart decisions, and Michigan State is among the business schools launching master’s degrees in business analytics, writes Vallabh Sambamurthy, faculty director of the new program.

More jobs and higher salaries for MBA graduates in 2013 | FT.com, metered paywall

Tue, 11 Dec 2012 07:00:00 GMT

FT.com, metered paywall | December 11, 2012

Some 76 percent of employers expect to hire new MBA graduates in 2013, up from 69 percent that hired MBAs in 2012, says GMAC’s Year-End Poll of Employers.

The School of Business at the American University in Cairo Becomes Latest Member of Graduate Management Admission Council | Graduate Management News

Mon, 10 Dec 2012 07:00:00 GMT

GMAC News Center | December 10, 2012

As GMAC's first member school in Egypt and its third member school on the African continent, AUC helps GMAC further its efforts to promote the development of quality management education globally, said Julia Tyler, GMAC vice president for Global Market Development.

Business revolution | The Standard

Tue, 04 Dec 2012 07:00:00 GMT

The Standard, Hong Kong | December 4, 2012

Asia-based business schools are young but many are gaining quality very rapidly, says GMAC’s Dave Wilson. The long interview with the GMAC CEO quotes from GMAC’s recent report on Job Trends & Demand for Business Schools in China & Hong Kong.

GMAC Waives GMAT Rescheduling Fee For Those Impacted by Hurricane Sandy

Tue, 27 Nov 2012 14:30:00 GMT

UB Faculty of Business gets boost | mmegi.bw, Botswana

Tue, 27 Nov 2012 07:00:00 GMT

mmegi.bw, Botswana | November 27, 2012

The University of Botswana received a US$115,000 grant from the GMAC MET Fund to create management education programs. There's more on the EFMD and Global Business School Network websites.

Big rise in Canadians wanting to take MBA | The Globe and Mail, Canada

Fri, 23 Nov 2012 04:00:00 GMT

The Globe and Mail | Canada, November 23, 2012

According to data from the recently published Profile of GMAT Candidates, 2008-2012, the number of Canadian citizens taking the GMAT exam rose 7 percent to 7,820 in five years, while the United States experienced a 7 percent decline in tests taken by its citizens. GMAC's Michelle Sparkman Renz is quoted.

The Booming Market for Specialized Master’s Degrees | Bloomberg BusinessWeek.com

Wed, 21 Nov 2012 07:00:00 GMT

Bloomberg BusinessWeek.com | November 21, 2012

Business schools such as the University of Maryland Smith School are creating new MS degree programs to serve young students hungry for specialized knowledge that will distinguish them in the job market. GMAC research is cited, and GMAC's Michelle Sparkman Renz is quoted.

Postgrads opt to do business degrees | The Guardian, UK

Tue, 13 Nov 2012 07:00:00 GMT

The Guardian, UK | November 13, 2013

With demand rising from both students and employers, business schools have been developing specialist master's degrees. GMAC’s Julia Tyler is quoted and notes the number of students taking the GMAT exam to apply for specialized degrees is rising.

The 10 Most Under-Rated Reasons Why You Should Get An MBA | Forbes.com

Tue, 13 Nov 2012 07:00:00 GMT

Forbes.com | November 13, 2012

“The chance to stop and reflect on some big business issues” is No. 1 on this list from Eric Jackson, who has taught at Dartmouth Tuck and is founding and managing member of Ironfire Capital LLC.

Alsop Perspective: Tradeoff to a One-Year MBA | Graduate Management News

Tue, 13 Nov 2012 07:00:00 GMT

Graduate Management News | November 13, 2012

One-year MBAs gain a foothold in the US, but schools move carefully to keep job placement up. Also in the November issue: Data and a video on how business school can help entrepreneurs become successful; the first edition of In the Studio with GMAC focusing on Integrated Reasoning; and GMAT volume hits a new record.