India as a destination for Management studies

Published on: 

India is fast turning into a destination for management studies with students from as many as 64 European, African, Middle East and other countries showing interest.

Study in India, an initiative,  run by the Graduate Management Admission Council (GMAC) has succeeded in generating nearly 2715 leads from 64 nations including Canada, Philippines, China, Russia, Australia, Bangladesh, United Kingdom, Egypt, South Africa, USA, France, Japan, among others.

GMAC — a global association of 223 leading graduate business schools — owns the Graduate Management Admission Test (GMAT) and NMAT by GMAC exams.

While GMAT is among the only six exams recognized by the All India Council for Technical Education (AICTE), NMAT by GMAC is accepted by 22 B-schools or universities across India, seven B-schools in South Africa and six schools in Philippines. GMAC assumed ownership and management of the NMAT exam in India from the Narsee Monjee Institute of Management Studies (NMIMS) in 2015, and re-titled it as NMAT by GMAC.

To turn India into a global management education center, the GMAC had joined hands with the top nine B-schools of the country in 2017 opening doors for the international aspirants to pursue management education here.

“In August this year, we are going to run the campaign again. More schools have expressed their interest in being a part of this initiative as they are keen to acquire international candidates” GMAC’s South Asia regional director Gaurav Srivastava told The Pioneer.

Srivastava said that the GMAC is mainly targeting African, Middle East, South and East Asian countries under the initiative, started with the directives of the Union Ministry of Human Resource Development to attract foreign students for studying in India.

Under the initiative, aspirants from 27 countries from Europe, South and East Asia, Middle East and Africa, have the option to secure admission in any of the nine partner B-Schools including Indian Institute of Management Ahmedabad (IIMA), Indian Institute of Management Bangalore (IIMB), Indian School of Business (ISB), Indian Institute of Management Indore (IIM Indore), Xavier University Bhubaneswar (XUB), among others — on the basis of their GMAT score.

As per the data available, Nepal, Sri lanka, Philippines, South Korea, South Africa, Kenya, Turkey, Tanzania, Thailand, and Saudi Arabia are the top 10 countries whose candidates are sending their GMAT scores to India.

That is not all! GMAC is also working towards taking global the NMAT by GMAC exam. “As many as seven leading institutions from South Africa and six from Philippines have adopted the NMAT by GMAC. We are making efforts to add more into the list,” said Srivastava.

Srivastava also added that for the NMAT by GMAC exam, four “international” test centers have also been set up at Bangladesh, Bhutan, Sri lanka and Nepal for the candidates. “We are mainly targeting the developing markets,” he added.

NMAT by GMAC exam had witnessed the all-time high registrations recording a seven percent jump with 88,454 in 2017 as compared to 82,928 the previous year.

“A quantum jump has also been witnessed in the final admits coming through the NMAT by GMAC exam in various business schools. The growth in registrations is a testimony of GMAC’s commitment to bring in global best practices in testing to India,” said Srivastava, adding that currently, there are 58 NMAT by GMAC test centers in 44 Indian cities and four international cities.

India is fast turning into a destination for management studies with students from as many as 64 European, African, Middle East and other countries showing interest.

Study in India, an initiative,  run by the Graduate Management Admission Council (GMAC) has succeeded in generating nearly 2715 leads from 64 nations including Canada, Philippines, China, Russia, Australia, Bangladesh, United Kingdom, Egypt, South Africa, USA, France, Japan, among others.

GMAC — a global association of 223 leading graduate business schools — owns the Graduate Management Admission Test (GMAT) and NMAT by GMAC exams.

While GMAT is among the only six exams recognized by the All India Council for Technical Education (AICTE), NMAT by GMAC is accepted by 22 B-schools or universities across India, seven B-schools in South Africa and six schools in Philippines. GMAC assumed ownership and management of the NMAT exam in India from the Narsee Monjee Institute of Management Studies (NMIMS) in 2015, and re-titled it as NMAT by GMAC.

To turn India into a global management education center, the GMAC had joined hands with the top nine B-schools of the country in 2017 opening doors for the international aspirants to pursue management education here.

“In August this year, we are going to run the campaign again. More schools have expressed their interest in being a part of this initiative as they are keen to acquire international candidates” GMAC’s South Asia regional director Gaurav Srivastava told The Pioneer.

Srivastava said that the GMAC is mainly targeting African, Middle East, South and East Asian countries under the initiative, started with the directives of the Union Ministry of Human Resource Development to attract foreign students for studying in India.

Under the initiative, aspirants from 27 countries from Europe, South and East Asia, Middle East and Africa, have the option to secure admission in any of the nine partner B-Schools including Indian Institute of Management Ahmedabad (IIMA), Indian Institute of Management Bangalore (IIMB), Indian School of Business (ISB), Indian Institute of Management Indore (IIM Indore), Xavier University Bhubaneswar (XUB), among others — on the basis of their GMAT score.

As per the data available, Nepal, Sri lanka, Philippines, South Korea, South Africa, Kenya, Turkey, Tanzania, Thailand, and Saudi Arabia are the top 10 countries whose candidates are sending their GMAT scores to India.

That is not all! GMAC is also working towards taking global the NMAT by GMAC exam. “As many as seven leading institutions from South Africa and six from Philippines have adopted the NMAT by GMAC. We are making efforts to add more into the list,” said Srivastava.

Srivastava also added that for the NMAT by GMAC exam, four “international” test centers have also been set up at Bangladesh, Bhutan, Sri lanka and Nepal for the candidates. “We are mainly targeting the developing markets,” he added.

NMAT by GMAC exam had witnessed the all-time high registrations recording a seven percent jump with 88,454 in 2017 as compared to 82,928 the previous year.

“A quantum jump has also been witnessed in the final admits coming through the NMAT by GMAC exam in various business schools. The growth in registrations is a testimony of GMAC’s commitment to bring in global best practices in testing to India,” said Srivastava, adding that currently, there are 58 NMAT by GMAC test centers in 44 Indian cities and four international cities.

ISB ACCEPTS COMMON lOR

To help make the application process more convenient for MBA applicants, GMAC has introduced the “Common letter of Recommendation” (lOR) — for schools that require recommendation letters from applicants, so that an applicant can apply to any number of accepting schools through the single letter. This would also save time for the recommender who writes the letter for the applicant.To help make the application process more convenient for MBA applicants, GMAC has introduced the “Common letter of Recommendation” (lOR) — for schools that require recommendation letters from applicants, so that an applicant can apply to any number of accepting schools through the single letter. This would also save time for the recommender who writes the letter for the applicant.

Daily Pioneer
dailypioneer.com