Yup, that’s how lots of people you are competing with when you take the GMAT exam. In any case that’s the figure that the Graduate Management Admission Council (GMAC) announced for 2009. 267,000 is merely a few thousand more than 2008’s number of 264,700. So roughly the identical to last year.
Interesting to see what will happen next year as ETS tries to market themselves and promote their GRE exam as an alternative to the GMAT.
Some points:
1) A large number of the testing boom has been driven by students beyond the U.S. It was the initially in the exam’s history that there were actually more international test takers than U.S. test takers. In terms of numbers, about 51% of test takers were non-U.S. citizens.
2) Better business schools around the world are popping up. It used to be that everyone sent their test scores to US universities, but this is not the situation anymore. Now, a good number of students are opting to send their schools to European or Asian business schools so there is a shift in that direction.
3) Also, there are relatively more women taking the exam now-about 105,000 out of the 265,000 or so taking the exam.
Anyway, just some interesting trends in test taking that I thought you may find interesting.
Interesting to see what will happen next year as ETS tries to market on their own and promote their GRE exam as a choice to the GMAT.
How will these numbers look better? Well, a lot of that depends on how the economy will do. If the latest boosts in wall street bonus is any indication of the economic recovery in the next few years, then perhaps more people will flock over to jobs instead of school. However, if the economy contains to remain weak on a global scale, then we can expect GMAT enrollments to stay high and possibly elevate slightly.
This article was guest-written by GMAT teacher and guru, Zeke Lee. Zeke is the founder of The GMAT Pill Study Method and has helped numerous students ace the GMAT exam in as little time as possible. Although his secret techniques were limited to privileged students who could afford $200/hour a few years ago, Zeke has now opened the door to his unique strategies to the general public. Online GMAT Preparation