googi wrote:
Somewhere I read ETS(no info abt gmac) is a non profit organisation.......
But to be frank, These guys really deserve a pat on their back.
For such an innovative style of paper.
The Indian CAT lacks in innovation.
The CR, DS,Sc..wow.
hats off to them...
And secondly, no paper laekage......
I had prepared for CAT, and frankly, it is *much* tougher than the GMAT.
On the innovation front, I am not sure, but the format of CAT and GMAT paper tests are quite similar. the computer adaptive GMAT is a good improvement though. Not to mention, it is easier to type your essays than write them (atleast for me).
Paper leakage? CAT? Did that happen? I don't seem to remember
GMAT really has no 'paper' - everyone gets a different test, so its easier to maintain the "no leakage". Even if some questions leaked, the likelihood of you getting that question on the test is quite low. And if you do answer it correctly, the next questions is going to be tougher, so you better know how to solve questions, rather than just knowing the answers
Rhyme - does 34 million in revenue really sound that high? Their costs are quite high honestly, so 34 million does not sound too much...