New & Noteworthy

These news items are the latest happenings.

• Submit your TeamMBA Event Today
  5/16/2013 7:00:00 AM
  

  teammba.gmac.com | May 16, 2013

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

  
  

• The Rise in Business-Analytics Degrees | Huffington Post
  5/14/2013 7:00:00 AM
  

  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
  5/12/2013 7:00:00 AM
  

  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
  5/9/2013 7:00:00 AM
  

  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
  5/9/2013 7:00:00 AM
  

  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.

• GMAT Exam: Things you should know | Yahoo! India via India Today
  5/7/2013 7:00:00 AM
  

  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.

• MBA Apps See Strong Rise: GMAC CEO | CNBC London
  5/7/2013 7:00:00 AM
  

  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
  5/7/2013 7:00:00 AM
  

  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.

• Millennials with MBAs forced to look beyond big firms | today.com, NBC
  5/2/2013 6:30:00 AM
  

  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
  4/30/2013 7:00:00 AM
  

  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
  4/29/2013 7:00:00 AM
  

  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
  4/26/2013 7:30:00 AM
  

  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
  4/25/2013 7:00:00 AM
  

  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
  4/24/2013 7:00:00 AM
  

  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
  4/24/2013 7:00:00 AM
  

  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
  4/19/2013 7:00:00 AM
  

  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
  4/18/2013 7:00:00 AM
  

  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
  4/16/2013 6:30:00 AM
  

  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
  4/15/2013 7:30:00 AM
  

  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
  4/10/2013 7:00:00 AM
  

  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.

• Giving back? Tell us about it and receive a chance to win a donation to the charity of your choice.
  4/10/2013 3:00:00 AM
  

  Submit your projects to TeamMBA for your chance to win a donation to the charity of your choice. Learn how today.

• B-School Accrediting Body Retools Standards | wsj.com
  4/9/2013 7:00:00 AM
  

  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.

• Personality test for business school students | Korea Times
  4/7/2013 7:00:00 AM
  

  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.

• Women on a high in UK's blue-chip boardrooms | The Independent, UK
  4/7/2013 7:00:00 AM
  

  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.

• Businesswomen studying for a degree of success | theraconteur.co.uk
  4/4/2013 7:00:00 AM
  

  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
  4/3/2013 7:00:00 AM
  

  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
  4/3/2013 6:30:00 AM
  

  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
  4/3/2013 6:00:00 AM
  

  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
  4/2/2013 6:30:00 AM
  

  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
  3/29/2013 7:00:00 AM
  

  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
  3/28/2013 7:00:00 AM
  

  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
  3/26/2013 10:00:00 AM
  

  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
  3/26/2013 9:00:00 AM
  

  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
  3/21/2013 10:00:00 AM
  

  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
  3/21/2013 9:00:00 AM
  

  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
  3/21/2013 7:00:00 AM
  

  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
  3/20/2013 7:00:00 AM
  

  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
  3/18/2013 7:00:00 AM
  

  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
  3/14/2013 7:00:00 AM
  

  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
  3/13/2013 7:00:00 AM
  

  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
  3/11/2013 7:00:00 AM
  

  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
  3/8/2013 7:00:00 AM
  

  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
  3/6/2013 7:00:00 AM
  

  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
  3/5/2013 7:00:00 AM
  

  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
  3/4/2013 7:00:00 AM
  

  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
  2/28/2013 7:00:00 AM
  

  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
  2/28/2013 7:00:00 AM
  

  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
  2/27/2013 7:00:00 AM
  

  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
  2/26/2013 7:00:00 AM
  

  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
  2/25/2013 7:00:00 AM
  

  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
  2/23/2013 7:00:00 AM
  

  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.

• Alsop Perspective: Soft Skills Makes Recruiters' Wish List | Graduate Management News
  2/20/2013 7:00:00 AM
  

  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.

• Specialist MBAs: 'We have sea captains studying with us on the seven seas' | Daily Telegraph, UK
  2/20/2013 7:00:00 AM
  

  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
  2/20/2013 7:00:00 AM
  

  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.

• Education must produce entrepreneurs | FT.com, metered paywall
  2/18/2013 6:00:00 AM
  

  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
  2/12/2013 7:00:00 AM
  

  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
  2/11/2013 7:00:00 AM
  

  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
  2/8/2013 7:00:00 AM
  

  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.

• Does an 'A' in Ethics Have Any Value? | Wall Street Journal
  2/6/2013 7:00:00 AM
  

  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.

• Five Schools Become Latest Members of Graduate Management Admission Council | gmac.com/newscenter
  2/6/2013 7:00:00 AM
  

  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).

• Sustainable enterprises give students food for thought | FT.com, metered paywall,
  2/4/2013 7:00:00 AM
  

  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
  1/29/2013 7:00:00 AM
  

  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.

• Graduate Management Admission Council and Student Veterans of America Announce Partnership | GMAC News Center/gmac.com
  1/28/2013 7:00:00 AM
  

  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.

• Personal development: Know thyself | FT.com, metered paywall
  1/28/2013 7:00:00 AM
  

  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.

• B-School Grads, Open to Change, See Uptick in Hiring | wsj.com At Work blog
  1/24/2013 7:00:00 AM
  

  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.

• Creative Destruction Visits the MBA | Harvard Business Review blog
  1/24/2013 7:00:00 AM
  

  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.

• Fair chance for non-engineers in B-schools | The Tribune, India
  1/23/2013 7:00:00 AM
  

  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
  1/22/2013 7:00:00 AM
  

  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
  1/18/2013 1:30:00 PM
  

  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
  1/18/2013 7:00:00 AM
  

  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
  1/16/2013 7:00:00 AM
  

  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
  1/15/2013 7:00:00 AM
  

  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
  1/13/2013 6:30:00 AM
  

  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
  1/9/2013 7:00:00 AM
  

  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
  1/7/2013 7:00:00 AM
  

  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
  1/7/2013 6:00:00 AM
  

  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
  1/2/2013 7:00:00 AM
  

  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
  1/2/2013 7:00:00 AM
  

  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
  1/2/2013 7:00:00 AM
  

  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
  12/27/2012 7:00:00 AM
  

  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
  12/18/2012 12:00:00 AM
  

  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
  12/16/2012 7:00:00 AM
  

  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
  12/14/2012 7:00:00 AM
  

  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
  12/13/2012 8:00:00 AM
  

  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
  12/13/2012 7:00:00 AM
  

  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
  12/11/2012 7:00:00 AM
  

  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
  12/11/2012 7:00:00 AM
  

  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
  12/10/2012 7:00:00 AM
  

  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
  12/4/2012 7:00:00 AM
  

  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
  11/27/2012 2:30:00 PM
  

• UB Faculty of Business gets boost | mmegi.bw, Botswana
  11/27/2012 7:00:00 AM
  

  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
  11/23/2012 4:00:00 AM
  

  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
  11/21/2012 7:00:00 AM
  

  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.

• Alsop Perspective: Tradeoff to a One-Year MBA | Graduate Management News
  11/13/2012 7:00:00 AM
  

  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.

• Postgrads opt to do business degrees | The Guardian, UK
  11/13/2012 7:00:00 AM
  

  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
  11/13/2012 7:00:00 AM
  

  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.

• Exams to screen students good for business schools | Business Daily, Africa
  11/8/2012 7:00:00 AM
  

  Business Daily, Africa | November 8, 2012

  Ron Sibert, GMAC’s Africa business development director, discusses the future of admission testing for management programs in Africa and the importance of preparation before taking entrance exams.

• Job Demand Strong for China’s Graduate Business Students | gmac.com/newscenter
  11/6/2012 7:00:00 AM
  

  gmac.com/newscenter | November 6, 2012

  Some 86 percent of Chinese companies planned to hire new MBAs in 2012, and 85 percent of Chinese students attending graduate business programs in China had job offers by graduation, according to GMAC's Job Trends & Demand for Business School in China and Hong Kong.

• China Outperforms U.S. on GMAT | wsj.com, Asia edition
  11/2/2012 7:00:00 AM
  

  wsj.com, Asia edition | November 2, 2012

  In a video interview with WSJ’s Deborah Kan in Hong Kong, GMAC’s Dave Wilson talks about the growth in GMAT test taking in China, how well the Chinese perform on the test, and how high the demand is for business school graduates in China. He cites GMAC’s Global Management Education Graduate and Corporate Recruiters surveys.

• Obama's New 'Pay as You Earn' Plan a Windfall for MBAs | Bloomberg Businessweek.com
  11/2/2012 6:30:00 AM
  

  Bloomberg Businessweek.com | November 2, 2012

  The updated version of the US government’s Income-Based Repayment program for federal student loans will benefit graduate students, including MBAs, who can borrow a lot under the federal student loan program.

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