Four New Member Schools Join GMAC
GMAC has admitted four new members, including the first member schools in South Korea and Belgium. The new member schools include:

• Vlerick Leuven Gent Management School (Belgium)
• Korea Advanced Institute of Science and Technology (KAIST) College of Business in South Korea
• Yonsei University School of Business (South Korea)
• Singapore Management University Lee Kong Chian School of Business

GMAC membership now totals 183 schools from 22 countries.

GMAC applies to set up office in India
The Graduate Management Admission Council is establishing a presence in India and has applied for permission from the regulatory authorities to set up an office in the country. GMAC will move forward with establishing the office quickly as soon as approval is received. This would be the first GMAC office in Asia; currently GMAC has offices in McLean, Virginia, USA, and London, UK. GMAC has also hired a regional director for South Asia, Ashish Bhardwaj. He received his MBA from the Faculty for Management Studies in Delhi and his bachelor’s degree from the National Institute of Technology, Raipur.

Darden Starts Innovation Lab
The Darden School of Business and its Batten Institute for Entrepreneurship have opened a new laboratory dedicated to innovation. Known as i.Lab, the state-of-the-art facility is described as “a unique physical learning environment rooted in multidisciplinary thinking and informed by ethnographic, anthropological, and other methodologies traditionally used in the social sciences.” Focused on experiential, team-based, and collaborative learning rather than case study, the i.Lab is intended to complement a new design-intensive curriculum for innovation offered in Darden’s MBA program.