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MBA Admissions News Round Up

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  • You can now buy a bundle pack of pre-MBA exams and save money. GMAC announced last week that it was teaming up with Pearson to provide MBA applicants who need to take the GMAT and prove English proficiency with a discounted test bundle. The two providers will offer their respective tests (the GMAT and the Pearson Test of English Academic) together with a $100 discount.
  • In another recent GMAC press release, the company announced the launch of its Ideas to Innovation (I2I) Challenge, a global contest in which contestants will answer the question, "What one idea would improve graduate management education?" to compete for cash prizes up to $50,000. Submit a three-paragraph proposal (one single idea) to www.gmacmetfund.org between July 21 and October 8 to win some of the $250,000 that the GMAC and the MET Fund have stashed away for this huge competition.
  • Berkeley Haas' International Business Development (IBD) course is growing by leaps and bounds, despite the fact that business ventures all around it are "shrinking and taking financial hits," reports a Haas School press release. In the last year alone, IBD grew by 50%, bringing the total number of students to a record high of 120 and the total number of projects to 30. (Next year's goal is to hit the 160 student mark.) New clients acquired this year include for-profit companies (like SunPower) and nonprofits (like the Clinton Foundation); and countries that now have IBD coverage include Ecuador, Fiji, Honduras, and Uruguay. IBD expansion is attributed to the curriculum changes in the Haas program, mainly the fact that "all Berkeley MBA students take an experiential learning course that prepares them to solve real-world business and organizational problems." Being involved in IBD fulfils that new requirement. Client interest in the IBD program has increased as more and more clients realize that they can get McKinsey-quality consulting at Haas student prices.
  • Cornell Johnson applicants who haven't yet read Businessweek's chat transcript with Johnson's assistant dean of admissions Randall Sawyer, should do so now. The chat is loaded with advice for applicants, including information on GMAT scores, work experience, the waitlist, international applicants, recruiting, and more. Check it out.
  • I just finished listening to MBA Podcaster’s two-part series “From the Military to an MBA.” It is excellent. If you are attempting to go from the military to business school, I encourage you to listen to Part 1 and Part 2.

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