Move over IIM CAT, here comes GMAT.

Days after the union cabinet cleared the foreign educational institutional bill (This bill allows foreign universities to set up shop in India), GMAC has announced plans to set its third office in India(The other offices are in Virginia, USA and London, Uk)

For GMAC, India is a huge market with 8% of the total test takers being Indians. Also the number of institutes that take GMAT should increase.
Currently there are 26 Indian schools which take the GMAT. The GMAT test is currently used by over 4700 programmes in 1900 Bschools all over the world. ISB Hyderabad, IIM Ahmedabad ,Bangalore, Calcutta ,Lucknow and Indore take the GMAT score for their current programmes. The number of Bschools which will take GMAT will increases as most of them aspire to meet global standards.

Last year 2.65 Lakh students appeared for GMAT. This number should increase this year as more colleges should be considering GMAT in their admission criteria. The number of test takers has doubled from 2005 to 2009.

This means that you will have more globally ranked colleges to apply to......


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