subject: European Business Schools Command Student Choice [print this page] A budding interest is shown in the Graduate Management Admission Test (GMAT) by the European populace . According to a GMAT testing developments study, that the Graduate Management Admission Council (GMAC) initiated , at management education programs located in Europe, the number of GMAT score information is growing at high speed.
A sharp increase was showed by the information gathered in MBA and other graduate management education programs in the world over, predominantly during the past few years. Conducted in 2009, the global volume of GMAT tests reached an all time high of 265,613 applicants looking to score well to make a career in business or management . The number of tests the European citizens took in 2005 confirmed an increase of 30% in 2009, accordingly intensifying to 23,224. As an admissions screener, the GMAT which is an ascribed test, that is used by several business and graduate management courses of study.
Julia Tyler, executive vice president of member services and school marketing for GMAC states "Earning a business school degree provides a critical edge in today's complex and challenging economy, and more and more Europeans are recognizing that high-quality management education is available in their own back yard."
Recent research conducted by GMAC showed the rise in quantity of test taken by non US citizens made up more than half of all the GMAT tests taken globally in 2009 testing year. Earlier, tests taken by US citizens alone calculated more than half of GMAT applicants and exams taken globally. A majority of applicants interested in taking the GMAT is now more international and less US centric for the first time since the GMAT was developed 50 years ago. With the GMAT gaining popularity, and fast, as business looks to boom in the near future, general hopefuls now answering the GMAT have become increasingly international.
Research conducted by GMAC found the increase in GMAT tests taken in direct relation to the growth in interest in business schools and management programs in Europe itself. Europeans are now sending less GMAT test reports to business schools in the United States of America, and have instead taken to seeking admission in programs placed in Europe itself. Business schools in Britain, France, Denmark, and Spain have most profited from this change in applicant temperament. Some of the most trendy programs opted for by European GMAT applicants were MBA programs at INSEAD, London Business School and IESE Business School, London School of Economics and Political Science, to name a few.