December 2003

Dear Reader,

On behalf of the Graduate Management Admission Council® (GMAC®), I welcome you to the premier issue of Deans Digest, an online newsletter designed exclusively for business school deans.

Here at GMAC®, we are well acquainted with one of the unique challenges deans face: staying abreast of high-level strategic information within extreme time constraints. We also realize that although we often communicate with your staff, it would be mutually beneficial for us to have a direct line of communication with you. That is why we have developed this newsletter for you.

The first article in this premier issue, "GMAC Taps Pearson VUE and ACT, Inc., to Provide GMAT Exam Beginning in 2006," is a very important piece of news regarding development and delivery of the GMAT®. I hope you will devote a few minutes of your time to reading it.

Deans Digest will be published six times annually to keep you up-to-date on information regarding the GMAT®, significant activities of the Graduate Management Admission Council®, and other matters pertaining to graduate management education. To make Deans Digest as responsive as possible to your needs, we will solicit your feedback and suggestions. We hope you will take the time to give us your thoughts on how we can serve your information needs better.

We will send an email to you each time a new issue of Deans Digest is published, but you can access the newsletter online at any time by going to www.gmac.com/deansdigest.

Thank you, and enjoy!

David A. Wilson
President and Chief Executive Officer
Graduate Management Admission Council®