The Graduate Management Admission Council (GMAC), is planning to open an office in India (its third in the world, after the US and the UK). What difference will this make to potential GMAT candidates here?
It will give us the opportunity to work more closely with test-takers and coaching providers. We are planning a summit for coaching institutes to help them prepare candidates for the test. With an office in the country, we can learn more by being on the ground. GMAC is going to invest Rs 150 million in India.
What is GMAT's growth trend in India?
There are 52 programmes in India which accept the GMAT score. Our plan is to have at least a hundred programmes by 2010. There are more score reports being sent to schools in India (from 4700 in 2005 to 22,000 in 2009).
When do you plan to introduce the next generation of GMAT?
We plan to bring it out in 2013.
Any other plans?
We are working with some of the best people to develop assessments for soft skills. Leadership, team-building, the ability to develop successors are as just as important as entry-level (technical) skills. We are going to build a portfolio that will allow people to take assessments of soft skills themselves and then direct them to some number of ways to improve.
Pilot run for soft skills
Ashok Sarathy, vice president for GMAT Operations, talks about a soft skills test being developed by GMAC:
GMAC’s multiple assessments will help schools and students define and develop soft skills relevant to management education and careers.
We are using experts to help us explore soft skills assessments that provide a link to personal development.
We will begin by conducting a pilot and will share the results with students at an individualised level and with participating schools at an aggregated level. About 300 students will be targeted.