Looking Beyond Cost

Few things in life have a greater payoff than an investment in education in terms of the opportunity it provides to acquire skills, build a career, boost income, and fulfill personal goals. But increases in costs for higher education and changes in the world economy have had an impact decisions to enroll in graduate business programs, particularly since the start of the global recession. (more…)

Five Tips from GMAC on Using GMATPrep® v2.2 to Study More Effectively

Submitted by Rebecca Loades, director, New Product Development, Graduate Management Admission Council®

Studying for the GMAT® exam involves making sure you have the basic skills you need, understand the question formats, and know how to pace yourself. The free GMATPrep® software, which includes two computer adaptive practice exams featuring retired GMAT questions, is a key part of any study strategy. It gives you experience taking the exam. Now, the software from the makers of the GMAT exam has been upgraded to help test takers prepare for the exam more efficiently and effectively. (more…)

Behind the Scenes: Four Faces of Fairness

larry-rudner_smProvided by Lawrence M. Rudner, vice president, Research and Development and chief psychometrician for the Graduate Management Admission Council.

To articulate a guiding principle at GMAC, CEO Dave Wilson often quotes Harry Bosch, the protagonist of several Michael Connelly novels, who said, “Everybody matters, or no one matters.” With management education now a global field, and with 59 percent of the GMAT exams taken by non-US citizens, GMAC makes special efforts to assure that every GMAT exam is fair and appropriate for every single test taker. But what is fairness, and what steps does GMAC take to assure fairness for each test taker? (more…)

Women Gaining Career Momentum

“The Gender Agenda: Gaining Momentum,” is one of the official 2013 themes for International Women’s Day that we celebrate this month, and it’s a fitting description for the growing numbers of women who are jump-starting their careers by going to graduate business school. An incredible 122,843 women sat for the GMAT exam last year for admission to business school—a new record number of women and the FOURTH year in a row that women broke the 100,000 mark.

(more…)

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