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AI, Inclusion, and Sustainability: Must-Haves for Business School Aspirants

AI, Inclusion, and Sustainability: Must-Haves for Business School Aspirants

GMAC’s annual survey finds evolving motivations for advanced business education RESTON, Va., March 26, 2024 (Korea Bizwire) – As the world emerged from a turbulent year that witnessed greater geopolitical conflicts, economic uncertainty, volatile job markets and disruptive technology, individuals are turning to graduate management education with a new-found focus. They aim to upgrade their [...]

GMAT™ Focus Edition Stands Alone in Business School Assessment as Previous Version Sunsets

GMAT™ Focus Edition Stands Alone in Business School Assessment as Previous Version Sunsets

GMAC’s redesigned test continues to win trust from candidates, schools RESTON, Va., Feb. 01, 2024 (Korea Bizwire) – After nearly three months of successful delivery of the GMAT™ Focus Edition, Graduate Management Admission Council (GMAC) today confirmed that it has become the only version of the GMAT exam available to prospective test takers around the world. [...]

Amidst Polarizing Global Trends, U.S. B Schools Experience Domestic Demand Rebound

Amidst Polarizing Global Trends, U.S. B Schools Experience Domestic Demand Rebound

GMAC’s annual survey reveals new shifts in the underlying expectations of applicants RESTON, Va., Oct. 27, 2023 (Korea Bizwire) – Across the globe, total applications to graduate business school programs in 2023 dipped by approximately five percent. However, more programs than last year reported growth in their applications—indicating that the drop in applications was not [...]

GMAC Expands Global Representation in Board and School Membership

GMAC Expands Global Representation in Board and School Membership

RESTON, Va., Sept. 5 (Korea Bizwire) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today announced changes to its board of directors. Themin Suwardy, a GMAC board member since 2019 and associate provost of postgraduate professional education at Singapore Management University, has been elected to chair the GMAC board. Ana [...]

Employers Turn to Business School Grads for Skills of Today and Tomorrow

Employers Turn to Business School Grads for Skills of Today and Tomorrow

RESTON, Va., July 19 (Korea Bizwire) — Despite unfavorable macroeconomic conditions and looming uncertainties, employers remain confident in hiring graduates from business schools, according to a survey of corporate recruiters released today by the Graduate Management Admission Council (GMAC). GMAC, a global association representing leading business schools, published findings from the 2023 survey that explores which skills [...]

From Inner Life to Outer World: How Women, Gen Z Are Invested in Business Education

From Inner Life to Outer World: How Women, Gen Z Are Invested in Business Education

RESTON, Va., April 10 (Korea Bizwire) — People thinking about going back to business schools are more interested in enriching their lives than increasing their incomes, according to a survey of prospective students of graduate management education (GME) released by the Graduate Management Admission Council (GMAC), a global association representing leading business schools. Seventy-nine percent of prospective [...]

GMAC Task Force Revamps Business Education Admissions Reporting Standards

GMAC Task Force Revamps Business Education Admissions Reporting Standards

RESTON, Va., March 23 (Korea Bizwire) — The Graduate Management Admission Council (GMAC), a global association representing leading business schools, today released an updated version of the Graduate Management Education Admissions Reporting Standards. The revision, led by a task force of 14 GMAC member schools, aimed to ensure the standards align with the shifting landscape of [...]

US, Europe MBA Programs to International Talent: We are Open for Business

US, Europe MBA Programs to International Talent: We are Open for Business

RESTON, Va., Oct. 26 (Korea Bizwire) — Total applications to graduate business schools dipped from the pandemic-level spikes, slipping 3.4 percent year-on-year among a matched sample of programs, according to a survey report released today by the Graduate Management Admission Council (GMAC). This comes after application volumes increased 2.4 percent year-on-year in 2020 amid the [...]

Graduate Management Admission Council Appoints Joy Jones as Incoming CEO

Graduate Management Admission Council Appoints Joy Jones as Incoming CEO

RESTON, Va., Aug. 8 (Korea Bizwire) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today announced the appointment of Joy Jones as the organization’s CEO-Elect. Jones currently serves as GMAC’s chief product officer and general manager of assessments, a role she has held since July 2017. The announcement [...]

Graduate Management Admission Council Announces New Board Members

Graduate Management Admission Council Announces New Board Members

RESTON, Va., July 13 (Korea Bizwire) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today announced the addition of six new members to its board of directors: (elected by member schools) Isabelle Bajeux-Besnainou, Dean and Professor of Finance, Tepper School of Business, Carnegie Mellon University; W. Bruce DelMonico, Assistant [...]