Archive for the ‘Admission in B-schools’ Category
GMAT scores over CAT in testing times; Flexible format popular
The number of Indians appearing for the Graduate Management Admission Test (GMAT) hit an all time high in the year 2013, a year when applicants for the Common Admission Test (CAT) have dipped to a seven-year low. Together, the two numbers capture the story of the changing management education landscape in India at a time when the economy is slowing down appreciably.
The CAT is the main entry point for freshers or those with only a couple of years experience looking for a two-year, full-time MBA. GMAT on the other hand opens doors to global B-Schools, but has more recently been the preferred test for shorter executive MBA programs that experienced professionals tend to opt for.
In all, 22,878 candidates took the test from India in 2013 compared with 22,310 a year ago. More significantly, the number has increased by 25% since 2010. On the other hand, CAT applicants have declined four percent since 2010.
CAT’s declining popularity and GMAT’s growing appeal suggest that seasoned executives are keen to re-skill in the midst of this slowdown, but the lure of the full-time MBA is fading. “GMAT takers have an average work experience of seven years. It is catering to an entirely different pool of applicants,” says Prof. Sankarshan Basu, Chairperson of Career Development Services at Indian Institute of Management-Bangalore (IIM-B).
The number of Indian institutions accepting GMAT scores has also increased. About 235 management programmes in India accepted GMAT scores in 2013, up from only 37 in 2010.
GMAT’s Flexible Format Popular
“About 6-7 years ago, if you had not done an MBA early on, chances of you getting into management education after having had substantial work experience in India were non-existent. Now, a lot of Indian institutions offer diploma level one-year management programmes for executives and take GMAT scores into account. That has also altered the equation to a great extent,” Prof. Basu adds.
However, total GMAT applicants from all over the world declined this year, the first such drop in three years. “2013 has been the strongest year ever for GMAT volume in India, backed by robust demand among candidates who aspire for management education at leading business schools and rising acceptance of the test’s scores worldwide and in India,” says Ashish Bhardwaj, Vice-President, Asia Pacific at Graduate Management Admission Council (GMAC), which conducts the GMAT.
“At the same time, there is a slowdown in global GMAT volume in 2013 as 2012 was an exceptional year,” he adds. Another reason for the drop in global GMAT applicants is the introduction of a new section on integrated reasoning in the test pattern. This, however, may give Indians an edge. “This is about integrating information across different areas and is a skill that is particularly useful for consulting jobs. Indians are normally good at integrated reasoning,” says Atish Chattopadhyay, Deputy Director, PGDM programme, SP Jain Institute of Management & Research (SPJIMR).
Also GMAT’s growing popularity over CAT could be attributed to its flexible format. “The flexibility it offers in terms of the number of times in a year the test can be taken and longer validity makes it popular,” says Chattopadhyay. “Continued economic uncertainty in the global economy, the length and severity of the recent recession and fitful nature of the recovery has also had an impact among testing groups that are more sensitive to economic uncertainty,” Bhardwaj said.
India currently has the third-largest number of GMAT takers after US and China. China had 48,327 in 2012 versus 46,136 in 2011.
Source: The Economic Times, January 10, 2014
GMAT takers dip by 17% in 2013
The number of people who took the GMAT (Graduate Management Admission Test) in the 12 months ending last June fell by 48,000, or 17%, from the year before, according to new data. That steep drop may sound like more air hissing out of the MBA bubble, at least to those who subscribe to the theory that business schools are over-swelled. For those who have been paying attention, the drop in test takers was apparent from a long way off. It has little to do with demand for MBAs in the job market.
The Graduate Management Admission Council (GMAC), which publishes the GMAT, introduced a revamped version of the test in June 2012, adding a section on Integrated Reasoning. The new test—not the job market—is responsible for the lower numbers, wrote GMAC spokeswoman Tracey Briggs in an email: “Traditionally, there is an increase in testing volume before you change a standardised test as test takers opt for the familiar over the unfamiliar at transition time.”
Data from other graduate exams appear to bear her out. About 18% fewer candidates took the GRE (Graduate Record Examination) in the year after a revised test was introduced in August 2011. The number of test takers for the GED dropped even more precipitously when a new test was introduced in 2002. Some other nuggets from the GMAC data: Test takers in the US were especially apt to take a pass on the new test, with 22% fewer taking the exam last year. Women made up 42.5% of test takers, down slightly from the previous year. The average score for all test takers was 546.
Source: The Economic Times, January 7, 2014
B-schools get sleepless nights as CMAT finds few takers
The All India Council for Technical Education (AICTE) might have seen a rise in the number of students registering for its Common Management Admission Test (CMAT), but B-schools are a worried lot. With around 1,90,000 students registering for CMAT so far and 375,000 seats available, B-schools say they may be staring at almost empty classrooms this year, too. B-schools in Maharashtra have written to the Directorate of Technical Education (DTE) seeking permission to admit students from other national tests, including Management Aptitude Test (MAT), Xavier Aptitude Test (XAT) and AIMS Test for Management (ATMA), etc. Sixteen states have so far replaced their respective common entrance tests with CMAT for admission to B-schools.
“We have requested the DTE to allow us to draw students from other national level tests till CMAT becomes more popular. Maharashtra has around 45,000 management seats and we need students to fill these up,” said Apoorva Palkar, Director, Sinhgad Institute of Management and Computer Application, Pune. Palkar is also Chairperson of ATMA, run by the Association of Indian Management Schools, which has over 600 B-schools as its members. “Actually, it is the students who select the institutes. So, there will always be a mismatch, and seat occupancy at B-schools will be a concern. Talks are on with the DTE and we hope some resolution will come our way soon,” said Kavita Laghate, Director, Jamnalal Bajaj Institute of Management Studies.
AICTE says, registrations for CMAT have jumped nearly three times since last year. CMAT is held twice a year and each student gets two chances to sit for the test. AICTE says students who have exhausted both their chances can use the best score for admissions. “We have seen an increase in registrations this time. However, there could be duplication with some students registering again this year. We have advertised heavily, and despite this if students are unaware of CMAT and if state governments tell us they would want another round of CMAT, we are open to that,” said the chief coordinator of CMAT, AICTE.
The chief coordinator added that as admissions for MBA goes on till August-September in most of the states, AICTE is open to extending any other opportunity to students. B-schools say their interest at this point is filling up maximum number of seats. If students are not appearing the test, AICTE and states need to spread awareness about the same. “Many students are not aware whether the state test has been replaced with CMAT. AICTE and the state is not doing their bit in spreading the word about CMAT. And, when these seats go vacant, they will blame it on management education not being a hot subject, which is not the case,” said Sai Kumar, centre director, TIME, Mumbai.
In 2012, over 180 B-schools shut shop in India, while another 160 are expected to down shutters this year, according to a paper by ASSOCHAM. The paper reveals that since 2009, recruitments at campuses have gone down by 40 per cent in 2012, and the biggest reason for it is the mushrooming of Tier-II and Tier-III management education institutes.
Source: Business Standard, February 7, 2013
SC case against AICTE: B-schools seek compromise
Management institutes, which dragged the All India Council for Technical Education (AICTE) to the Supreme Court, now wish to withdraw their case. But the AICTE is in no mood to relent. Last February, the Education Promotion Society of India (EPSI), Association of Indian Management Schools (AIMS) and Jaipuria Group of Institutions filed a petition in the Supreme Court challenging the AICTE notification, dated December 28, 2010, which curtailed Post Graduate Diploma in Management (PGDM) institutions’ autonomy on deciding fee structure, admissions, syllabus and examination.
AICTE, in a notification, had listed a new set of rules for management schools in the country which the institutions were not in agreement with. B-schools strongly opposed the norm that admissions to PGDM courses should be through common entrance tests such as the Common Admission Test (CAT), Management Aptitude Test (MAT) or examinations conducted by state governments. AICTE had said admission to PGDM programmes must be conducted by state governments through a competent authority.
“We discussed the matter with AICTE during a recent meeting and said we could discuss this issue across the table. We suggested if AICTE withdraws the notification, we would withdraw the case. We had also told the AICTE chairman that B-schools can draft a voluntary code of conduct and implement the same. But the AICTE chairman declined our proposal,” said H. Chaturvedi, President, EPSI, and Director, Birla Institute of Management and Technology, Noida.
AICTE Chairman Shankar S. Mantha when contacted said, “What kind of an out-of-court settlement are they talking about? AICTE is not anyone’s personal body. It is a government body to check standards and quality of technical education. Whatever notification we had issued was in the interest of public. There is nothing like out-of-court settlement.”
“All we said was that the fee and the admission process should be monitored, as it is done for other institutions. What is the problem here? In fact, PGDM is an area where we get a lot of complaints from students and there is no redressal mechanism for them. In order to look at such problems and create a healthier mechanism, we came up with that notification,” Mantha said.
On the case, this July, the Supreme Court extended the stay on the AICTE notification on PGDM autonomy and allowed these institutions to continue with their admissions for academic session 2013-14 through any of the five national tests — Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), AIMS Test for Management Admissions (ATMA) and Common Management Admission Test (CMAT). CMAT is AICTE’s own test, which the regulator body launched last year.
Opposing AICTE’s notification, B-schools have argued that by allowing students to give CAT, MAT or state-level exams, quality of students will get diluted and that a proper comparison cannot be made since the level of difficulty differs in each of these exams.
AICTE had also suggested that fees to be charged for PGDM, PGDM executive and PGCM programmes be approved by a committee of respective state governments. B-schools say when PGDBM executive programmes, which are one-year or 15-month programmes, are not recognised by AICTE, where is the need to fix the fee? B-schools argued that fee restrictions may impact the quality of infrastructure, remuneration to attract good faculty and, worst of all, may lead to the malaise of capitation fees.
AICTE had also said admission to PGDM programmes must be conducted by state governments through a competent authority. Directors of B-schools said if a college does not have a good reputation, it would be unable to fill the seats. For instance, several institutions which have the permission from AICTE to start management programmes without infrastructure, faculty or library but have a seat capacity of 240 had to be content with just 60-100 students. This lead state governments to issue a circular stating that colleges could admit students even without the mandatory scores.
AICTE maintain that B-schools are opposing the notification as they want to fleece students, and the notification will not allow them this opportunity.
The country has nearly 4,000 B-schools, with 350,000 seats. “These guidelines were not abrupt decisions. If other technical educational institutes, including those for engineering, architecture and hotel management, agree to AICTE’s guidelines, why can’t B-schools?” asked a senior AICTE official.
Source: Business Standard, September 6, 2012
B-schools tweak tests to pick better managers
The global economic meltdown and the slowdown in Indian economy seem to be prompting recruiters to look for some ‘extra edge’ in management graduates. Firms, which have already gone slow on their overall hiring plans, are now on the lookout for candidates with additional skill-sets in the form of crisis management abilities. This has also given rise to active industry-academia interface, sources said.
According to Mr Eshan Joshi, an independent Human Resource (HR) Consultant and former head of compensation and benefits at Infosys, recruiters are looking for a candidates’ ability to ‘think out of box’. “With growth slowing down and uncertainty prevailing in the economy, firms are looking for people who can think laterally and bring about some innovation in the way a business is conducted,” Mr Joshi told Business Line.
Mr Narayanan Ramaswamy, Partner, Management Consulting, KPMG Advisory Services, said the industry always looks for additional qualities like lateral thinking, crisis management, rapid recovery and rounded personality among others. Even while firms have been modifying their recruitment plans and are on the look out for such special skills, management schools are gearing up for this change by tweaking their curriculum by making it more application oriented and modifying their placement process.
According to Professor Rajiv Mishra, Chairperson, Placements, XLRI Jamshedpur, the industry is looking for people who can connect the dots and are much more aware of their surroundings. “At the institutional level, we are gearing up for this change by focusing more on practical applications. We invite people from the industry as faculties to bring about a right mix between theory and practical. Close to 20 per cent of our total lessons in the two-year course is based on practical exposure,” Mr Mishra said.
Change at admissions level
A marked change is also reflected in the admissions at most B-schools, which are showing preference for students with prior work experience. According to Mr Pranit Upadhyay, Student Placement Co-ordinator, Indian Institute of Management (IIM) Rohtak, close to 90 per cent of the current batch of students have prior work experience. Apart from an enhanced quality of students, the ease of placements is what seems to be encouraging most B-schools to give priority to such students.
Says Mr C. Srinivas, Dean (Placements), Indian Business School (ISB), Hyderabad, “Companies have gone slow on recruitments. Under such a situation they have tightened their filtering process. So, students who have average or slightly above average capabilities might find it difficult to strike a good deal.”
Testing Pattern
This apart, the overall admission process for getting into B-schools also seems to be undergoing some change. One such instance is that of the Graduate Management Admission test (GMAT) examination, which is conducted by US-based Graduate Management Admission Council (GMAC). GMAC has introduced the Integrated Reasoning (IR) section for graduate business and management program admissions.
Following this addition prospective business school applicants, who take the GMAT, will now have to take a four-part test instead of a three-part exam which verbal skills, mathematical skills and analytical writing ability. According to GMAC, the new section would give business school aspirants the opportunity to differentiate themselves by showcasing skills that increasingly matter most in modern business education and the 21st century business environment.
In India, close to 10-15 percent of the total admissions into B-schools is based on GMAT scores. Most IIMs accepts GMAT scores for admissions into their executive MBA programme.
Future CEOs
“The main idea behind introduction of the integrated reasoning section is to draw and analyse complex scenario and collate data from multiple sources,” Dr Salunkhe said. The IR section will test candidates by measuring their ability to manage, synthesise and draw conclusions from multiple sources of data and information, such as graphs, charts and spreadsheets.
According to Professor Debashis Chatterjee, IIM-Kozhikode, a person who is capable of efficiently analysing and predicting the outcome of a data is the right fit to be a future Chief Executive Officer.
Source: The Hindu Business Line, June 9, 2012
Have work experience, get easy admission to B-schools
Students with prior work experience have an edge in B-school admissions. An improved “class-room experience” and perceived ease of placements, are primary reasons behind the trend. Official sources in Indian Institutes of Management (IIMs) in Kolkata, Lucknow and Rohtak and, XLRI-Jamshedpur confirm that the share of such students has increased to 60-70 per cent of the batch size. The ratio was as low as 30-40 per cent till about two-to-three years ago.
According to Prof. Amit Dhiman, Chairperson, Placement, IIM-Calcutta, the 2010 batch, which was just placed, had 34 per cent freshers and 66 per cent students with work experience. “There has been a rise in the number of students joining IIM-C with prior experience. While a majority of these students have an average experience of 10 months-to-two years, close to 15 per cent of them had work-experience of more than 36 months,” he said.
Apart from an increase in students with work experience, there has also been a rise in the average tenure of such professional experience. According to Prof. Soumendranath Bagchi, Chairperson, Admissions, XLRI, the average experience tenure has increased from 10 months to 2-3 years. Only five per cent of the institute’s students are freshers.
Quality of Class
According to Mr Pranit Upadhyay, Student Placement Co-ordinator, IIM-Rohtak, students with diverse work experience enrich the class experience. “A majority of the learning at B-schools happen through peer learning and it helps to have a batch of experienced people as that opens up scope for debate and discussions,” he said.
Close to 60 per cent of IIM-Rohtak’s first batch (2010-12) had students with prior experience, which has gone up to 70 per cent for the 2011-13 batch. “People with experience have clear aspiration and better communication skills. Internationally, freshers cannot get into a B-school. We are trying to move towards that,” Professor Rajesh Aithal, Chairman, Placement, IIM-Lucknow, said.
Lateral placement, Better Salary
With the increase in share of students with work experience, management schools are placing more stress on lateral placement, where candidates are offered roles depending upon the nature and duration of their experience. The average pay package for students with experience is comparatively higher than that of a fresher, Mr Upadhyay said.
Source: The Hindu Business Line, April 23, 2012
Certified B-Schools: MAT may be withdrawn if government’s test is made mandatory
For the management aptitude test (MAT), a 24-year-old examination used by nearly 1,000 business schools across India to admit students, it could well be the end of the road as the government may soon make a test run by it mandatory for all approved institutions. The All India Management Association (AIMA), which has been conducting MAT since 1988, says it will withdraw the test in its present avatar in the face of government pressure.
“If CMAT stays then MAT will not continue with its normal version. Let’s not be unrealistic about what we have to face in the future,” Rekha Sethi, AIMA’s Director General, said in an exclusive interview. The Centre has devised a common management admission test (CMAT), the first edition of which will run during 20-28 February, on the lines of the popular graduate management admission test (GMAT) conducted across the world.
CMAT aims to be used by all 3,500 recognized B-schools in the country, except the Indian Institutes of Management (IIMs) and the management schools of the Indian Institutes of Technology (IITs) that admit students based on their common admission test (CAT). The government may make CMAT mandatory for all the 3,500 B-schools certified by the All India Council for Technical Education (AICTE), Mint reported on 6 January.
“If the government wants every student to take CMAT, then what can you do?” Sethi said. “MAT is a great product. But it’s (CMAT) a government danda (stick).” She added that with CMAT coming into the picture, the “government is reinventing the wheel”. Sethi said that as a national body comprising institutes, industry and students, the association will withdraw MAT from AICTE-approved institutes in the spirit of collaboration. If organizers of “so-called national tests” are considering collaborating with the government on reducing stress for students then it’s a good move, said an official at the Ministry of Human Resource Development (MHRD), which oversees AICTE. “We are yet to get any formal communication from MAT organizers,” the official said on condition of anonymity. “Everybody should strive to streamline management education to improve quality and access.”
MAT is a good test and its discontinuation in the near future could hurt aspirants in small towns, according to the director of a Bhubaneswar-based institute, who declined to be named as it might invite AICTE’s ire. Without giving a specific timeframe on when AIMA will withdraw MAT from AICTE-approved B-schools, Sethi said her organization holds that there should be less stress on students.
To be sure, AICTE is also aiming to make CMAT more flexible. “This is our debut year and from the next session, we have decided to hold it twice a year to make it convenient for students, parents, and of course, for the management institutes,” S.S. Mantha, Chairman of AICTE and the key person responsible for CMAT 2012, said on 6 January.
Not everybody says reducing the number of management entrance examinations is a step in the right direction. E. Abraham, Director of XLRI School of Business and Human Resources, Jamshedpur, who runs a separate national test, said one centralized entrance examination may not be a great idea for postgraduate programmes. The difference in the course curricula necessitates different types of selection processes, according to him. “One of our main focus areas is human resources, and we need to get candidates with the right aptitude,” he said. “Hence, a centralized test cannot give us that benefit.”
Both MAT and CMAT target smaller cities and towns as most well-known institutes in metros and larger cities largely use CAT to select students. Sethi said that since MAT is organized in both offline and online formats four times a year, it provides flexibility to students to better their score and opt for a better institute. “Our experience shows that only 9% of students like the online version. What we feel is that go with what the market wants and not what you want the market to want. Smaller cities are still struggling with Internet connections and electricity is still not available. What are you trying to do — a digital divide?” argued Sethi.
CAT is conducted in an online format. CMAT will also be conducted online. Gayatri Raut, an MBA aspirant from Bhubaneswar, said CAT is an elitist test and caters to the best of the institutes, but the less than 10,000 students who study in the top B-schools cannot fulfil all the needs of the industry. “MAT has been a reliable exam as it is held four times a year, and thus gives more choice to students. If you cannot do well this time, you can sit for MAT three months hence to improve your chance,” Raut said.
MAT may have to withdraw from AICTE institutes, but AIMA will focus to customize it for private universities who run independently. “AIMA is not all about MAT. We have a strong portfolio on management development programmes, and we will give more attention to skill assessment, among other things,” Sethi said.
Source: Mint, February 13, 2012
CMAT may go for multiple test windows
The government has decided to make its common management admission test (CMAT) programme more flexible. Though the test will be held only once in its inaugural year, it will be conducted twice a year from the next academic year, giving students an extra chance to compete for a seat.
“This exam is quite important to us as it has been planned as a possible substitute to all other B-school entrance exams in future,” said S.S. Mantha, Chairman of the All India Council for Technical Education (AICTE), and the key person responsible for CMAT 2012. “This is our debut year and from next session we have decided to hold it twice a year to make it convenient for students, parents and of course for the management institutes.”
AICTE, which certifies 3,500 B-schools, has managed to pip IIMs, which have been contemplating moving to a similar format for the last 18 months. They had even proposed to set up a company under Section 25 of the Companies Act to conduct CAT by professionals without involving teaching staff in the administration.
“They were plans and are still in the pipeline. No formal plan has been devised on this,” said Janaki Raman Murthy, convenor of CAT 2011 and a senior professor at IIM-Calcutta. AICTE’s Mantha said the single-test option, due on 20-28 February, was being pursued in the first year as the entire plan had been delayed. “We have to start from somewhere,” he said. “Next time, you will see proper planning and execution.”
The eventual plan is for the test to be conducted during several separate windows, and each of it may last a fortnight, Mantha said. The test will be a computer-based, online one and as with some international exams, students will be able to choose their best score to include in applications, Mantha said. Global tests such as the graduate record examinations (GRE) and GMAT follow this kind of model.
According to Mantha, AICTE has initiated a dialogue with several states, including Bihar, Rajasthan, Maharashtra and Himachal Pradesh to extend its reach. “States are responsive and we are urging them to issue some circular in the state.” Unlike CAT, CMAT is not charging institutes to adopt the test. Earlier, the online trial for CMAT had been temporarily suspended because of technical glitches as reported by Mint on 16 December.
CMAT is to debut in this academic session and will be one of six national-level tests, such as CAT and the management aptitude test (MAT), based on which students will gain admission to B-schools across India in 2012-13. CMAT is supposed to replace all of them except CAT. This year’s test is to be conducted in 61 cities in technical partnership with education technology company Aptech Ltd.
Students and industry experts have welcomed the plan to hold two tests a year. “This year it’s low key, but going forward, this will be pretty important. As a national test, if they conduct it twice or thrice, it will help students, particularly the working students,” said Ajay Arora, head of the Triumphant Institute of Management Education Pvt. Ltd (TIME) chain of coaching centres in Karnataka.
“Professionals who wish to take up MBA in a good school often get caught up due to the single-window system of CAT. If their organizations ask them to start a project, then CAT goes for a toss. If CMAT becomes twice a year, then students can plan well,” he added. According to Biswajit Kumar, an MBA aspirant in Delhi, the initial response will be low as not many students are aware of the new facility. However, from the next year, there would be greater demand for CMAT, he added.
Source: Mint, January 6, 2012
MBA: No change in multiple test system
The All India Council for Technical Education (AICTE) has announced that the Common Management Aptitude Test (CMAT) will be conducted in February 2012 instead of 2013 as initially decided. While CMAT was expected to be a single entrance test, the authorities say they have no plans to change or stop the other entrance tests.
Earlier this year, AICTE authorities had mooted the idea of a national-level single entrance with a view to give relief to students from preparing for several aptitude and entrance tests. However, authorities say this year their focus is to implement CMAT successfully.
“Since CMAT will follow the same pattern as other tests, the students can be easily spared from paying for and preparing and taking different competitive exams for admission to management courses across the country,” said Anil Kumar Shukla, AICTE regional officer for the western region. “From 2012 aspiring management students can prepare for CMAT, which will be accepted by all AICTE approved management colleges. It will be applicable for admissions in postgraduate MBA courses and postgraduate diploma in business administration.”
AICTE wanted CMAT to help reduce the stress and financial burden on students. However, the idea did not go down well with the B-schools and various organisations like Association of Indian Management Schools (AIMS) and the Society for Promotion of Education in India, which challenged AICTE’s December 28, 2010, notification. The notification called for sweeping changes in the way B-schools conduct their entrance process and conducting one single entrance/aptitude test for admissions to management colleges.
However, some of the private B-schools had objected to this notification and subsequently approached High Court and Supreme Court for relief. On July 26, 2011, the Supreme Court had allowed AICTE to conduct its own entrance exam. “Does this mean there will be yet another entrance test in the list now? Students want to ensure they get admission in a good college and for that they will appear for all the tests. I don’t think this will work,” said a director of a well known B-school in Navi Mumbai. “As of now we have no plans to bring about any change in the current multiple entrance test system. We have to work as per the court’s order and so for now we are just conducting CMAT,” added Shukla.
Source: The Indian Express, October 19, 2011
GMAC launches its official Indian website
Graduate Management Admission Council (GMAC), the owner and administrator of the GMAT exam, announced the launch of ‘mba.com-India’- the official GMAT website on Tuesday. The website has been designed exclusively for the Indian aspirants and exhibits a detailed classification of the top business schools in India, Indian B-schools accepting GMAT score and placements offered by B-schools accepting GMAT scores globally.
“We’ve seen dramatic growth in the number of Indian candidates interested in pursuing management education over the last several years,” said Ashish Bhardwaj, regional director for South Asia, GMAC. “Also with significant growth in acceptance of the GMAT at Indian business schools, these candidates have more choice. This new site will help them navigate the path to a quality graduate management degree with content designed specifically for this market.”
The India specific portal hosts information around funding options, the cost implications and the prospective return on investment. Additionally, the portal also runs a thread of video testimonials by select Indian students, narrating their journey and experiences from preparing for GMAT and making it to the business school of their choice.
GMAC has 200 member schools in 24 countries of which six member schools are located in India: Indian Institute of Management, Ahmedabad; Indian Institute of Management, Bangalore; Indian School of Business, Hyderabad; SP Jain Institute of Management and Research, Mumbai; School of Business Management, NMIMS University, Mumbai and Great Lakes Institute of Management, Chennai.
Source: The Times of India (Online Edition), October 18, 2011
Higher Education News and Views 
You must be logged in to post a comment.