| |
At a time when business schools are looking to diversify their applicant pools and to meet expectations from employers for more creative business leaders, growing numbers of institutions across the globe are accepting GRE® General Test scores for admission to graduate business school and MBA studies.
The Graduate Record Examinations® (GRE) General Test has been the gold-standard admissions test for graduate study for nearly 60 years. Recently, growing numbers of colleges and universities have begun using the test for admission to MBA and graduate management programs. The reason? It increases and diversifies the business program applicant pool, according to David Bach, Associate Dean of MBA Programs, Instituto de Empresa (IE) Business School, in Madrid, Spain.
“We are extremely proud of the diversity of participants in our programs in terms of their international backgrounds, gender, undergraduate majors, career trajectories and aspirations,” says Bach. “Accepting the GRE supports our efforts to attract high-quality participants from very diverse backgrounds, including students who may not have previously contemplated an MBA.”
In February, IE announced that it would begin accepting GRE test scores for admissions to all its management degree programs, including the MBA. IE is ranked as one of the top ten business schools world-wide by the Financial Times. In recent months, other highly regarded European business schools have decided to accept GRE scores for their graduate business programs. These include Helsinki School of Economics, Barcelona School of Economics, ESADE Business School in Barcelona and the European School of Economics in London and other cities.
Articles about the trend toward using the GRE test, in addition to the GMAT® test, for business school acceptance have appeared in Business Week, the Times of London and Inside Higher Education. Most recently, the GRE business school phenomenon was reported in the Beijing Times.
In a Jan. 8 Inside Higher Education article, Derrick Bolton, Director of MBA Admissions, Stanford Graduate School of Business, suggested that accepting the GRE test in addition to GMAT may help boost the pool of women candidates.
“The GRE test takers are more likely to be women, and more likely to be undergraduates or just a year out, while the GMAT is more popular with those who have been out a few years. … If we are able to fish in both of those pools, how can that hurt us? [There are] definitely some people who would not have applied to the MBA program had we put an additional barrier of requiring the GMAT.”
In June 2006, Stanford began accepting GRE scores to boost diversity in its business school applicant pool. In recent months, the GRE Program has approved applications to receive GRE test scores from Georgetown University McDonough School of Business, MIT Sloan School of Management, University of Michigan Ross School of Business and Johns Hopkins University Carey Business School.
“Accepting GRE scores makes good business sense,” says ETS Associate Vice President David Payne. “Accepting both GRE and GMAT tests will improve the size, diversity and quality of the applicant pool and student body. Clearly, these are the kinds of tangible benefits that business schools value and what the global business community increasingly demands to meet the challenges of the 21st Century.”
“Some people are surprised to learn that the GRE test measures the same basic cognitive skills as the GMAT test,” Payne adds. “In fact, ETS actually developed the GMAT test some years ago, so we are keenly aware that it does not measure business skills. Like the GRE test, it measures knowledge and skills that admissions officials must evaluate when considering applicants for graduate programs.”
More : marketwire.com
|
Have a Question? Ask Us..
MBA Enhances Women's Natural Management Skills, Says MBA-Business-Schools.com
Women can increase their natural management skills by entering a Master of Business Administration (MBA) program, according to MBA-Business-Schools.com. In general, women have many natural abilities--including interpersonal, communication and time-management skills--that are considered critical to good management. These same traits, when used inappropriately, can make women less effective. In an MBA program, women can learn key aspects of management and sharpen their natural management skills. MBA-Business-Schools.com is a top resource for students and business professionals looking to further their careers with an advanced business degree.
(PRWEB) April 11, 2007 -- The MBA-Business-Schools.com article
The race to bring more diversity to business
At American undergraduate schools, 23 percent of the students are black or Hispanic. At the top 20 colleges, they account for 14 percent of the student body. The top 20 law and medical schools? Fourteen to 15 percent.
But at the top 20 business schools, blacks and Hispanics represent just 7 percent of the student body. In the current second-year class, thats about 900 people.
For companies struggling to diversify their ranks, those numbers make recruiting a little like chasing the only woman at a party of investment bankers. She can have anyone she
Wits Business School is taking strides to boost its international standing with the introduction of internship programmes in Master of Business Administration qualifications.
Mthuli Ncube, head of WBS, said: It is an international norm for the top business schools to provide internships in their MBA programmes. I dont know why South African schools have not done the same.
WBS will be incorporating internships with large companies for next years intake of MBA students.
More : thetimes.co.za
IoD in university drive to boost qualified directors
students at Glasgow University from next year will be encouraged to progress from their course to then become qualified directors in a tie-up with the Institute of Directors.
The Scottish Director Development Centre which already runs a course providing personal and professional development for company directors and senior managers leading to the Chartered Director qualification wants to attract MBA students who want to learn about the theories of running a company.
Michael Fass director of programmes at the centre said: We see the course - and the subsequent qualification -
MBA graduates rake it in
SO ALL THE hype about how an MBA will increase your salary wasnt just advertising waffle to boost SAs business schools.
According to a recent survey among SAs MBA graduates by website mba.co.za in which 467 respondents representing virtually all SAs business schools took part, theres no doubt that this degree not only brings in extra income, but also improves general business knowledge, management skills and status.
Salaries increased 88%
One of the most important findings is that the average annual salary of MBAs increased from R297 731 before their degree to R560 285, a whopping
ITC-IBD, is poised to take a giant leap from the current position with new initiatives and planning, informed S Sivakumar, chief executive of the company during an interactive session with rural management students of Xavier Institute of Management, Bhubaneswar ( XIMB).
He said, "The agri-business initiative of ITC was established to boost foreign exchange earning. In 1999, we had an operation of $ 90 million from commodity business. It was not a satisfactory position for us as we decided that either we will grow or go."
This led to the origin of e-choupal and extension of agri-business division.
KOLKATA: The opportunity was great, opinions were many, and the debate emotional. But Cicero's Senate, with a note of optimism - that India is the latitude or its cultural diversity has no limitation, but also a source of strength.
Saturday, the second day of the Senate ": Roundtable etchings, the inter-annual affairs of the school who meet by the Indian Institute of Management Calcutta.
Speakers renowned in the world of politics, health, education and business discussions on the theme "We are simply too large, too many and too emotional ... Can we not do ", as toprung Management Institute students
The attacks on affirmative action over the last decade have not stopped a prestigious New York Ivy League institution from offering a popular educational program geared towards professionals already working in the affirmative action arena.
For more than 20 years, the New York City campus of Cornell Universitys School of Industrial and Labor Relations has granted a certificate in affirmative action to individuals who deal with the legal and policy intricacies of affirmative action on a daily basis.
Between 50 and 60 students — most of whom are lawyers, consultants, human resources personnel and affirmative action and diversity officers at their respective
Tysons Corner loan originator awarded diversity scholarship to Campus MBA program
Option One Mortgage Corp. a national residential lender and subsidiary of H&R Block Inc., has chosen Scott Davis of Market Street Mortgage in Tysons Corner, to receive a Loan Originator Diversity Scholarship to the Campus MBA program in recognition of his outreach to diverse markets and communities.
Scotts commitment to educating consumers about the home-buying and lending process is commendable, said Larry Gilmore, vice president of Emerging Markets, Option One. We know many people are reluctant to make the commitment to homeownership because they may not fully understand the process.
GMAT essential for quality control as MBA student numbers drop
There is ongoing debate in the business press about the decline of MBA student numbers and what is wrong with MBA programs. This debate easily spills over into a discussion whether Australia has too many MBA programs. But the real issue is the quality range of MBA graduates emerging from Australian business schools.
Better MBA graduates make better managers and make a bigger difference in the businesses they join. Lesser quality MBA graduates are seen as arrogant and not worth the extra salary cost, compared with holders of bachelors degrees, who are
MBA Tag Clouds
