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Indian bank want to use GMAT as an entrance exam

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Indian bank want to use GMAT as an entrance exam [#permalink] New post 14 Jan 2010, 00:55
http://business.rediff.com/report/2010/ ... -banks.htm

Might be good news for g-club membership ;)
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Re: Indian bank want to use GMAT as an entrance exam [#permalink] New post 18 Jan 2010, 12:22
SBI wants to select a test like GMAT not GMAT. I will never spend $250 (equals to one months salary in SBI :lol: ) to get into SBI.
:lol: :lol: Dont mind pls
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Re: Indian bank want to use GMAT as an entrance exam [#permalink] New post 19 Jan 2010, 04:40
SudiptoGmat wrote:
SBI wants to select a test like GMAT not GMAT. I will never spend $250 (equals to one months salary in SBI :lol: ) to get into SBI.
:lol: :lol: Dont mind pls


Thats true. GMAT enrollment fee is supposed to be very high in India. There are very few people who can think of spending this much amount for an entrance test.

But aftre the sixth pay commission, the monthly salary in govt jobs has increased a lot. I guess it would be applicable in case of sbi as well.
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Re: Indian bank want to use GMAT as an entrance exam [#permalink] New post 19 Jan 2010, 04:42
lol standard will increase but this gmat like test shouldnt cost more than 1k else no one will give.
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Re: Indian bank want to use GMAT as an entrance exam [#permalink] New post 19 Jan 2010, 21:17
Couple of days back I read in newspaper that even IIMs are planning to make CAT tests somewhat like GMAT, i.e. adaptive test and give the exam anytime in the yr like GMAT. For this IIMs are planning to build a database questions. The implementation may take another 2-3 yrs :)
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Re: Indian bank want to use GMAT as an entrance exam [#permalink] New post 20 Jan 2010, 10:25
IIMS already accepts GMAT for executive MBA.
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Re: Indian bank want to use GMAT as an entrance exam [#permalink] New post 03 Mar 2010, 06:56
bigoyal wrote:
Couple of days back I read in newspaper that even IIMs are planning to make CAT tests somewhat like GMAT, i.e. adaptive test and give the exam anytime in the yr like GMAT. For this IIMs are planning to build a database questions. The implementation may take another 2-3 yrs :)


This could be interesting ... as someone who remembers going through Class X CBSE travails. I am all for trying to find alternate ways to test which doesnt reward photographic memory but an ability to apply what you know.

The only think class X was useful for was developing a work ethic - I learnt absolutely nothing of value that entire year.
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Re: Indian bank want to use GMAT as an entrance exam [#permalink] New post 11 Mar 2010, 00:31
Not a bad idea. Definitely better than the pointless arithmetic speed tests (80 questions in 8 minutes) trading firms give (no similarity to the actual work they'll be doing).
Re: Indian bank want to use GMAT as an entrance exam   [#permalink] 11 Mar 2010, 00:31
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