The number of test takers taking the Graduate Management Admission Test today are younger than their counterparts five years ago, and according to BusinessWeek they are increasingly turning their sights to graduate masters programs in management and finance, over the traditional MBA, according to a report released today by the Graduate Management Admission Council, the Reston, Va.-based group that administers the GMAT exam.
“The GMAT pipeline as it relates to prospective MBA students is almost entirely different today than it used to be,” said Alex Chisholm, GMAT’s senior manager of statistical analysis.” While it might be one exam, I think it is increasingly reflecting two distinct pipelines in management education today, both the MBA programs and specialized masters programs.”
As the global management education landscape has shifted over the last five years, so has the profile of those taking the GMAT exam, the standardized test used by graduate business programs. The vast majority of growth occurred outside of the U.S., according to GMAC’s 2011 World Geographic Trend Report for GMAT Examinees. The primary study destination for the majority of examinees remains the U.S. but the overall proportion of people sending GMAT reports to U.S. schools is declining. Only 77 percent of score reports sent last year were directed towards U.S. schools, down from 83 percent four years ago,…
Read all about it at http://www.businessweek.com/bschools/blogs/mba_admissions/archives/2012/02/b-school_applicants_getting_younger_pickier.html
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