The number of Graduate Management Admission Tests (GMAT) taken in China has nearly tripled since 2004, new research by the Graduate Management Admission Council shows.
Shanghai, China—The number of Graduate Management Admission Tests (GMAT) taken in China has nearly tripled since 2004, new research by the Graduate Management Admission Council shows. The U.S.-based organization that administers the business school entrance exam is presenting this new data at the Association of Asia Pacific Business Schools conference on Saturday, November 8, in Shanghai. The conference is part of Shanghai Management Development Week.
The data show that more than 11,280 GMAT tests were taken in China in 2008, compared with 4,507 tests taken in 2004.
Although the United States continues to be the number one destination for Asian students who are seeking graduate business education, recent GMAT score sending patterns indicate that Asian schools are challenging that dominant market. Students who take the GMAT exam specify the schools to which they want GMAC to send their scores.
Since 2004, the U.S. has seen more than a five percent loss in market share in the number of GMAT score reports it receives. Conversely, countries that have seen gains in market share include Singapore, China and India. A closer look at China shows that the number of score reports sent by GMAT test takers in China to Chinese schools has increased 44 percent since 2004.
The Graduate Management Admission Council (www.gmac.com
), based in McLean, Virginia, is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. The Council owns the Graduate Management Admission Test (GMAT), used by approximately 4,500 graduate management programs at more than 1,900 business schools around the world to assess applicants. The GMAT exam was created in 1954 and remains the first and only standardized test specifically designed for graduate business and management programs. More information about the GMAT exam is at www.mba.com
For more information and data about GMAT exam trends in Asia and other parts of the world or to speak with a GMAC researcher, call Bob Ludwig at +1-703-245-4302 or email at email@example.com