"We are very pleased to welcome such a splendid, diverse group of institutions," said Julia Tyler, GMAC vice president for Global Market Development. "These schools become important contributors to GMAC's vision of advancing quality management education globally, to impact the world in powerful, positive ways."
The GMAS association will allow IIM C and XLRI an access to later market research in management education as well as a larger students base. The GMAC membership help these b-schools to reach more international students and create a global centres of excellence in management education.
XLRI Director, Fr E Abraham said, "XLRI is delighted to become a member of GMAC. Till now, we have been considering GMAT scores as selection criteria for admission to our management programmes. With the launch Global MBA Programme, where we intend to give our students to global exposure, GMAT would become a important criteria for MBA admissions,"
IIM Calcutta Director, Prof Shekhar Chaudhuri, said, "It is a great pleasure to accept the invitation to become the member institution of GMAC. IIM C can access the products and services of GMAC has on offer. The membership will enable us to exchange our ideas and shares insights with fellow member b-schools, thus helping us establish contacts and build relationships. I am looking forward to what I am sure will be a long fruitful collaboration,"
The Graduate Management Admission Council (GMAC) is a non-profit education organization of the world's leading graduate business schools and owner of the GMAT exam, accepted by more than 5,700 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 worldwide standardized test designed expressly for graduate business and management programs-is available more than 250 days a year at more than 550 test centers in more than 110 countries.