Graduate Management Admission Council (GMAC) owner and administrator of the GMAT exam has announced IIM Indore as its 10th member B-school in India and 5th IIM to join GMAC membership. The announcement was made in New Delhi on June 30, 2015. After IIM Ahmedabad; IIM Bangalore; IIM Calcutta; IIM Lucknow, the IIM Indore has become 5th IIM to join GMAC membership. Other GMAC member B schools in India include Indian School of Business, NMIMS University, S P Jain Institute of Management & Research, XLRI and Great Lakes Institute of Management.
Valuing the GMAC membership, Prof. Rishikesha T. Krishnan, Director IIM Indore said, “IIM Indore has a unique position as a contextually relevant business school with world-class academic standards. We are pleased to come on board as GMAC’s member school and are confident that this development will give us access to a larger student base and the latest market research in management education. We look forward to our association with GMAC.”
Commenting on the development, Sangeet Chowfla, GMAC president and CEO said, “Since inception, IIM Indore has been instrumental in providing quality education in the field of management education and is truly one of the finest B-Schools we have in the country today. We are very happy with this development and would like to welcome IIM Indore as our member school. This association enables IIM Indore to join and work with leading business schools from around the world and allows both GMAC and IIM Indore to reach more diverse audiences of both schools and students.”
In India, the GMAT exam is accepted for admissions at more than 200 programs offered at over 100 business schools. Globally accepted by more than 1500 universities, it is the most widely used assessment for graduate management admissions and the most reliable predictor of academic success in graduate business studies.
The Graduate Management Admission Council is a nonprofit education organization of leading graduate business schools and owner of the Graduate Management Admission Test (GMAT exam), now celebrating its 60th year and used by more than 6,000 graduate business and management programs worldwide. GMAC is based in Reston, Virginia, and has regional offices in London, New Delhi and Hong Kong. The GMAT exam -- the only standardized test designed expressly for graduate business and management programs worldwide -- is continuously available at approximately 600 test centers in 113 countries.
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Stay tuned to MBAUniverse.com for more updates on IIM Indore and GMAC