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BW Businessworld

More Takers For GMAT

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The Graduate Management Admission Council (GMAC) has recorded an increase of 67 per cent in tests taken by Asians since 2007. One of the driving factors for this growth is an increased use of the test for admissions to the specialised master's programmes in areas such as finance, accounting and management, according to the GMAC. The number of GMAT exams taken around the world in the 2011 testing year was 258,192.

"As the economy continues to emerge from the depths, many undergraduates who can't find jobs are landing in one-year master's programmes that don't require work experience but provide specialised skills that companies are seeking, such as finance and accounting," said president and chief executive office of the Graduate Management Admission Council. "Candidates to these specialised programs are younger, less experienced and more likely to be female than the typical MBA candidate."

The 2011 volumes followed the record testing years of 2009 (265,613) and 2010 (263,979). In comparing GMAT score-sending patterns over the last five years, the World Geographic Trend Report for GMAT Examinees shows that in the 2010-11 testing year, 55 per cent of exams were taken by citizens from countries other than the US.
 
The report also shows that although schools in the US remain the primary destination for nine of the ten citizenship groups studied, all but one (Middle Eastern citizens) sent a lower proportion of their GMAT scores to the US in 2011 compared to 2007.

GMAT examinees sent a total of 750,399 score reports to management programs across the world in 2011, up 14 per cent from 2007.