‘NMAT by GMAC’ May Go Global

admin — Wed, 19 Aug 2015 07:59:51 +0000

As per a report in Business Standard, GMAC, the administrator of the GMAT & the NMAT test is in talks with the African Association of Business Schools to take the test global.

NMAT by GMAC’ may soon go international as its governing body, the Graduate Management Admission Council, is in talks with business school associations abroad to take the test global. GMAC acquired this test from NMIMS earlier this year.

Sangeet Chowfla, President and CEO of Graduate Management Admission Council told Business Standard that they are in talks with with the African Association of Business Schools to evaluate if the test could be used in the market.

“About 130 professors from African business schools are in discussion with us to see if ‘NMAT by GMAC’ is compatible with the skills they need. They want to ensure that skills measured by the test are in tandem with their requirements,” he said.

If the deal is finalised, the NMAT would be possibly the first Indian business school aptitude test to be recognised globally.

ALSO READ: GMAC, Owner of GMAT Acquires NMAT from Narsee Monjee

Chowfla said a concrete plan should be in place by the early part of next year, adding that their goal is to have a standardised format.

For the NMAT by GMAC exam, candidates will get three attempts in the 75-day test cycle from this year onwards, so that they can submit their best scores to the B-School of their choice.

Starting this July, GMAC has also introduced three new features to the GMAT exam. It has removed cancel score from score reports; allowed candidates to retake the GMAT exam after a 16-day time period rather than the previous 31-day retake period; and enabled test takers to view their official score report online using their date of birth instead of an authentication code.

ALSO READ: Now You Can Retake The GMAT After Just 16 Days

The registrations for ‘NMAT by GMAC’ began on July 2, 2015. Registration for the exam will close on October 5, 2015.

Conducted by GMAC, the test scores are now accepted by NMIMS University, Alliance University, SRM University, BML Munjal University, VIT University, ICFAI University, Ansal University, Mody University, NIIT University, Thapar University, Shoolini University and Woxsen School of Business for their graduate management programs. (Source: Business Standard, image credit: t-hud)

GMAC, Owner of GMAT Acquires NMAT from Narsee Monjee

admin — Wed, 11 Mar 2015 07:05:39 +0000

As per a recent Business Standard report, The Graduate Management Admission Council (GMAC) has acquired NMAT exam in India from the Narsee Monjee Institute of Management Studies (NMIMS).

Business Standard says GMAC will assume ownership and management of NMAT and the exam will be re-titled the ‘NMAT by GMAC’. This is its first ever acquisition of a test asset anywhere in the world.

NMIMS Management Aptitude Test or NMAT is the MBA entrance exam for admissions to Narsee Monjee Institute of Management Studies (NMIMS) Mumbai. It is designed on a multiple-choice question format that includes Language Skills; Quantitative Skills, Data Interpretation and Data Sufficiency; and Logical Reasoning.

Graduate Management Admission Council (GMAC) is a non-profit education organization of leading graduate business schools and owner of the Graduate Management Admission Test (GMAT exam), used by more than 6,100 graduate business and management programmes worldwide.

GMAC says that they also would look at making the scores valid for five years similar to what is available for the GMAT exam

The deal marks a new stage in GMAC’s participation in the India graduate management admissions market and complements the presence of the organization’s GMAT exam.

Sangeet Chowfla, President and CEO of GMAC said that the registration window for students for ‘NMAT by GMAC’ will open in July 2015 for the examination that will be held in October, November and December across the country in 75 test dates.

Explaining the rationale behind this deal, Chowfla said that their goal was to enter this domestic market of management entrance tests which is fragmented and have a test which has students from diverse backgrounds being screened on whether they have the skill-sets required in a classroom.

“The test is psychometric-technique based and we discovered that it was diverse than the other tests in the Indian market. It was better than the others and also had almost double the number of women test-takers than CAT (Common Admission Test used for admission to Indian Institutes of Management and other business schools). Hence, we chose NMAT,” he added.

GMAC announced that along with the graduate management programs of NMIMS, Alliance University, SRM University, BML Munjal University, VIT University, ICFAI Business School (IBS) and Ansal University have chosen to accept the NMAT by GMAC exam for admissions to their graduate management programs.

For students, the process of taking the exam will remain the same. GMAC plans to improve some aspects of score reporting to schools that accept the NMAT by GMAC, and will, in subsequent years, incorporate additional features that will enhance the test-taker experience.

Chowfla explained that they are presently looking into what modifications that need to be made and are working on tightening the psychometrics of the test design.Going forward, he said that they also would look at making the scores valid for five years similar to what is available for the GMAT exam. “We will continue to enhance the test, be it through a longer testing window, by having a longer validity for the scores and providing online access to the test scores for the schools,” he said.Talking about similar deals for transfer of similar such assets from other business schools, he said that GMAC would be happy to find mechanisms to collaborate on other tests too.The NMAT by GMAC exam will be offered between October and December 2015, and registration will commence in July 2015.

Read the complete article on Business Standard. Image Courtesy technetcrew.com

NMAT – OneYearMBA.co.in

‘NMAT by GMAC’ May Go Global

GMAC, Owner of GMAT Acquires NMAT from Narsee Monjee