Last summer, we gave you a peek at a new section we’re working on for the GMAT exam. In June 2012, the GMAT will measure something it’s never measured before: Integrated Reasoning, the ability to manipulate and interpret data from different types of sources.
Entrepreneurs are a special sort. It takes vision, determination, drive, and courage to start a successful new venture. In the class of 2011, only 5% of grads told us they intend to set out on that path. Most of these students—tomorrow’s entrepreneurs—credit their management education with giving them the “know-how” to turn their visions into viable business plans.
These emerging entrepreneurs realize that success, whether working for themselves or for someone else, will depend on their mastery of general business knowledge. Decision-making skills, the ability to manage strategy and innovation—these are the foundational skills and abilities that business grads across the board say they improve most during their graduate studies.
Many elements contribute to long-term career success—talent, abilities, accumulated life experience, the development of knowledge and skills through education and training, and opportunities to apply these elements in the right environment. Of all these factors, the one most in your control is the pursuit of education and training…which you know, if you’re here on mba.com. Taking the GMAT exam and considering a graduate business degree shows that you’re ready to take your career to the next level.
Is a graduate business degree the right move? Thousands of business school alumni attest to the value of their degrees’ long-term contribution to their success. Of b-school alumni surveyed in 2010, an overwhelming 95% very highly rated the value of their degree, 2 in 3 said their management education prepared them for their chosen careers, and 7 in 10 said it prepared them to assume leadership positions in the workplace.