ISB Hyderabad PGP Admissions Info Sessions in New Delhi.

ISB Hyderabad PGP Admissions Info Sessions in New Delhi. 

Date: Sunday, 18th September, 2011
Time: 10 AM, 12.30 PM and 3 PM
Venue: Sheraton New Delhi Hotel, District Centre, Saket, New Delhi.
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A universal test that has mattered for five decades

Widget Finn on why the GMAT exam has won global respect
IF YOU are applying to a leading business school to do an MBA, you may have to take the Graduate Management Admission Test (GMAT) first. It is a universally recognised standard that many business schools include as part of their entry requirements.

GMAT was introduced in 1954 as the only standardised test designed specifically for use by graduate business and management programmes. In its first year 4,000 tests were taken but in recent years the number has topped 200,000.

The test, which costs $250 (£140) to take, is delivered in English from 400 centres in 100 countries. It consists of four separately timed sections, including two analytical writing tasks and two quantitative and verbal sections of multiple-choice questions.

Jeanette Purcell, chief executive of the Association of MBAs, regards GMAT as a useful test when accrediting business schools.

“It’s a good guide to a student’s competence although the business school would probably want to make sure that potential students also had a good solid breadth of work experience and a track record in management,” she says. “One of its benefits is that it is universal so students can take their results to a number of schools.”

GMAC (the Graduate Management Admission Council which administers GMAT) says that it is an exceptionally good predictor of how well a student will perform academically in the business school curriculum. Others are more cautious.

Purcell says: “It is a good indication of whether a student can cope on the course but not necessarily a predictor of success. GMAT doesn’t tell us anything about interpersonal skills or emotional intelligence which are so important.”

John McGee, associate dean at Warwick Business School, agrees that the exam cannot give a reliable picture of whether the candidate will do well. “Sometimes we accept people with slightly dubious GMAT results, who go on to succeed and vice versa,” he says. “Our students come from all over the world and without GMAT the information supplied may not indicate whether they are intellectually and psychologically appropriate.”

The GMAT is only required for the full-time MBA programme at Warwick. “For the part-time programme there is a greater element of corporate and self-selection of students and we can build a good profile of candidates with close referencing from people who know them,” he adds.

Some schools use a combination of GMAT and their own admissions tests.. Cranfield School of Management, for example, requires a good GMAT score (the average is 660) or a good score in its own test, although it recommends that candidates for the full-time MBA take GMAT.

There have been reports of cheating (see box) but today candidates must provide digital signatures, fingerprints and photographs when they check in at a GMAT centre.

Is it possible to swot for the test? Yes, McGee says. “We find that if you repeat the test you can improve by 10-15 per cent, so there is a learning element. The test subdivides into quantitative and verbal which is helpful for students whose first language isn’t English. You can see that someone with high qualitative points but low language is probably pretty smart and this can be established by doing an interview locally.”

There are also guides available on how to tackle the test. Alex Neame, a student at Warwick, advises: “Be prepared. You wouldn’t go for a job interview without doing research, so it would be pretty foolish to take the test without practising it first.”

Tight security to beat cheats

RESPONSIBILITY for running the GMAT exam was handed to Pearson VUE in January to ensure greater security, according to David Wilson, president and chief executive of GMAC.

More than 68,000 people took the exam in the first five months of last year but reports of widespread cheating raised questions over the big rise in the top score of 708 out of 800.

In 1997 Newsweek reported that candidates on the East Coast of America phoned through answers to a cheating ring which inscribed them on pencils sold to candidates on the West Coast sitting the exam three hours later.

Impersonators posing as candidates have been convicted for completing the GMAT fraudulently.? ? (Courtesy: www.timesonline.co.uk )

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Salaries For New MBAs Top $92,000

MCLEAN, Va., May 19 /PRNewswire/ — Newly minted MBAs are commanding significantly heftier salaries in 2006 than their counterparts did last year, with the average business school graduate’s starting base salary topping $92,000, according to new research from the Graduate Management Admission Council® (GMAC®).

Amid a healthy recruiting environment built on strong employer confidence in the economy, the average new MBA with a job offer in hand will earn $92,360 during their first year of employment, up 4.2 percent from the $88,626 graduates in 2005 received. Moreover, two-thirds of job offers to MBAs in 2006 come with signing bonuses that average $17,603, up slightly from last year.

“The MBA continues to demonstrate its strong value proposition,” said David A. Wilson, president and CEO of GMAC. “In a knowledge economy, leadership and management demand a complex portfolio of skills and talents. A selective MBA program gives its graduate those skills.”

In addition to earning bigger paychecks, more MBAs are finding jobs while still in school, continuing a multiyear upward trend. Fifty-two percent of respondents to the 2006 GMAC Global MBA® Graduate Survey said they had received or accepted a job offer before graduation, compared with 50 percent in 2005, 42 percent in 2004 and 36 percent in 2003.

The survey includes responses from 6,139 students at 147 business schools worldwide. A third of the respondents are citizens of countries other than the United States.

GMAC researchers also found that most MBA students feel their investment in business school was worthwhile. About two-thirds of respondents to the survey rated their degree as an outstanding or excellent value, and another 29 percent said it was a good value. Students revealed that they based their opinions about the value of their MBA on factors such as the quality of the curriculum, their ability to develop key skills and abilities, and the culture of the school they attended. Six percent of participants in the survey said they placed strong emphasis on the potential to increase their financial well- being when assessing their investment in graduate business education.

In addition, the survey found that MBA graduates are, on the whole, interested in the kinds of jobs that employers say they would like to fill. For example, nearly half of respondents said they hoped to land a midlevel position — the type of role for which recruiters say they are most likely to be hiring.

The greatest percentage of students said they are interested in working in the finance/accounting industry, followed by the products/services and consulting sectors. Respondents were least likely to express interest in entering the energy/utilities industry.

The Graduate Management Admission Council (http://www.gmac.com), based in McLean, Va., is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. GMAC annually surveys thousands of corporate recruiters, MBA students and business school alumni to gauge their feelings about the job market and collect other data. The organization also owns the Graduate Management Admission Test® (GMAT®), used by business schools around the world to assess applicants. The GMAT was created in 1954 and remains the first and only standardized test specifically designed for graduate business and management programs. ( Courtesy: biz.yahoo.com )

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UNM hosts MBA program open house in Rio Rancho

An upcoming open house hosted by the University of New Mexico will focus on its Westside MBA Program. UNM’s Anderson Schools of Management will be holding free information sessions on May 2 from 6 p.m. to 8 p.m. for prospective students interested in the Executive MBA (EMBA) and the new Professional MBA (PMBA) programs. This session will be the second in a series, following a free information session in Albuquerque earlier this month.

The 30-year-old executive MBA, or master’s in business administration degree, is a 24-month, on-campus weekend program for MBA candidates with at least three years of meaningful work experience. The program is held once each year, with the orientation weekend beginning June 23, 2006.

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The new Professional MBA, which will be offering its inaugural PMBA class on-site at Intel Corp. (NYSE: INTC) starting Sept, 8, offers off-campus, evening programs over a 28-month period for those with at least one full year of significant work experience.

The UNM Regents approved a deal earlier this year to acquire 216 acres of land for the Rio Rancho campus in a land swap with the State Land Office.

While the campus is under construction, Intel has agreed to host the Anderson Schools of Management’s classes from 2006 through 2008 at its facilities there. The MBA program in Rio Rancho will closely mirror Anderson’s Executive MBA program, offered at the university’s main campus.

Free Graduate Management Admission Test (GMAT) prep workshops also will be held in May at the Presbyterian Rio Rancho Emergency Center. A GMAT workshop in Albuquerque is scheduled for April 16.

(Source: bizjournals.com)

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ISB launches young leaders’ programme for Fresh Graduate

The Indian School of Business on Wednesday launched Young Leaders Programme targeting undergraduates.

As part of the programme, the B-school will mentor fresh graduates for two years in their work after the college. It will also pay a scholarship of Rs 100,000 to students selected for this programme.

Students, after the two-year mentorship, can come back to ISB to pursue the regular postgraduate programme (MBA) for which candidates with work experience alone are eligible. For getting selected to this programme, students should clear GMAT and the same will be valid after two years for admission into the PGP module.
According to ISB senior director V K Menon, the selection process will begin a year before students complete their graduation. “The selection of students for the YLP will be rigorous and will last for six months or so,’’ he said, adding they would be needed to make a video presentation, write an essay and go for an evaluation by the ISB. In the second stage, students should clear GMAT and present three essays. This will be followed by on-campus selection at ISB.

Speaking to the media, ISB deputy director Deepak Chandra said ISB would not charge anything for the YLP programme. This would be open to all graduates across disciplines. This will also be open to international students. ISB will take about 50 students in the first year.

Students will have to find a job for themselves and ISB will mentor them for two years on the personal front. The training will have no relation to the job on hand, he said. ISB now has a class strength of 570 for its PGP programme and is hopeful of getting 10 per cent of the strength from the YLP module.

Candidates selected into the YLP are required to complete one year and nine months of work experience before joining the ISB’s PGP. During this period, students will attend contact programmes at the ISB campus at the end of every six months. The contact sessions at the ISB will focus on enhancing their leadership quotient, expose them to diverse career options, network and build relationships with like-minded YLP peers and ISB alumni, share experiences and gain valuable lessons from them. YLP participants will be eligible for a scholarship of Rs one lakh. In addition, they will be eligible for both merit and need based scholarships of the PGP. The YLP participants will comprise about 10% of the PGP class size every year.

The admission to YLP is open till March 15, he said.

Looking for more info contact the ISB Launching centres at http://www.achieverspoint.com/contactus.htm

Thanking You
Mahak Aneja
Ass Centre Manager

Team Achievers

Helpline: +91-9899004123
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Temple University’s Fox School International Business Graduate Program Ranked Again in Top 20

Temple University’s Fox School International Business Graduate Program Ranked Again in Top 20 By U.S. News and World Report
Apr 13, 2006, 10:30
Press Wire > Education
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PHILADELPHIA–(BUSINESS WIRE via COLLEGIATE PRESSWIRE)–April 13, 2006–For the third consecutive year, Temple University’s Fox School of Business & Management’s International Business Graduate Program has been ranked in the top 20 (#18) in the nation by U.S. News & World Report in its 2007 “Best Graduate Schools” ranking released April 3, 2006. Also, for the third consecutive year, the Fox School’s MBA Programs have risen in the rankings.

“This ranking recognizes The Fox School’s outstanding one-year tri-continent International MBA Program, cutting-edge faculty research and teaching, and significant outreach efforts through our Institute for Global Management Studies (IGMS),” said Arvind Phatak, executive director of the IGMS. “And I’m proud that our already high rankings increase each year,” he added.

Fox’s international business program is supported by the high quality of its faculty, its high-profile Center for International Business and Research (CIBER)–one of only 30 such centers in the United States–and the prestigious journal it produces, the Journal of International Management, edited by renowned general and strategic management professor and Washburn Chair of International Business and Marketing, Masaaki “Mike” Kotabe.

Fox’s International MBA (IMBA) Program, a unique immersion in three international cities–Paris or Mumbai, Philadelphia and Tokyo – on three different continents, is the centerpiece of the school’s international graduate programs. In the IMBA program, students spend time at partner schools in France and India and in Philadelphia to work on consulting projects with entrepreneurs from around the globe before completing the program at Temple University’s Japan campus.

In addition to its high rankings in international business, for the third year in a row, The Fox School’s MBA program was ranked among the top 75 (#58) programs in the nation and among the top 20 public-urban programs in the U.S. The Fox School and the Wharton School, University of Pennsylvania, were the only Philadelphia-area full-time MBA programs ranked by U.S. News & World Report.

“We are pleased that U.S. News & World Report has again recognized the excellence of our MBA programs,” said M. Moshe Porat, dean of

The Fox School. The Fox School’s MBA programs have been ranked by U.S. News for the past five consecutive years.

The U.S. News survey measures an MBA program’s quality and selectivity as well as the career success of its graduates to develop the rankings. Quality is assessed through a survey of business school deans and program directors and another survey of corporate recruiters. A school’s selectivity is determined by the percentage of students who are admitted, the entering students’ GMAT scores and their undergraduate grade point average. The ranking also factors in the career success of graduates as measured by average starting salary and bonus, and the percentage employed at time of graduation and three months out.

“Not only does this most recent U.S. News ranking identify our strength in international business, but it also highlights increasingly strong perceptions of our programs and graduates by corporate recruiters,” said Robert F. Bonner, assistant dean of MBA & MS Programs. “Our rankings have been rising consistently each year, climbing almost 10 spots over the last three years. And the breadth and consistency of our high rankings is what our alumni, students and corporate stakeholders expect from Fox.”

In fall 2005, U.S. News recognized the Fox School’s MBA undergraduate program in risk management and insurance (RMI) as the seventh-best program in the nation and the school’s undergraduate international business (IB) program as No. 16 out of more than 400 programs in the nation.

The Fox School of Business and Management, at Temple University, is the largest, most comprehensive business school in the greater Philadelphia region and among the largest in the world, with more than 5,500 students, 147 full-time faculty and 45,000 alumni. Recently, in January 2006, the Fox School MBA was ranked by Financial Times as one of the Top 20 programs among public universities in the U.S. and garnered a #1 ranking in “Value for Money” for public-urban universities. The Fox School was also the only U.S. school to be ranked in the Top 10 in all international categories and received a #1 ranking for international mobility. Accredited by AACSB International (The Association to Advance Collegiate Schools of Business), The Fox School’s programs also are ranked internationally and nationally by leading business publications, such as The Princeton Review and Entrepreneur magazine. For more information, visit www.fox.temple.edu.

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Executive MBA (EPGP) Fresh batch at IIM Banglore

Dear  Achievers,
Executive Post Graduate Programme (EPGP) 2009-2010 batch at IIM Banglore was successfully completed and the second batch of EPGP is already in Term III. We are glad to inform you that the admissions will be open to EPGP Batch III starting on 7th July 2010 to 30th September 2010. EPGP is a one year full time residential programme. You need to have minimum of 7 years full time experience with a valid GMAT score to be eligible for this programme.

IIM-B (EPGP)
Deadlines: 7th July to September 30, 2010
Sending Interview Call Letters: Oct 15, 2010
Shortlist release /Information: Oct 12, 2010
Work Ex: A minimum of seven years full time work experience.
Seats: 60-75 students.
Fees: INR 16,75,000
Average GMAT Score: 695
Website: http://www.epgp.in/
Address
Executive Post Graduate Program in Management (EPGP)
NF Block – 105
Indian Institute of Management Bangalore
Bannerghatta Road
Bangalore – 560 076.
Email: epgp@iimb.ernet.in
Phone: +91-80-2699 3759
http://www.iimb.ernet.in/

Overview
The Executive Post Graduate Programme in Management (EPGP) is an intensive one year program designed to enhance skills and capabilities essential for responsible positions at senior management levels. Challenging, widespread and globally oriented program’s objective is to produce future leaders who can handle the dynamic corporate environment.
Designed for professionals with substantial work experience, the key attribute of this program is its focus on emerging economies. These emerging economies have enormous potential and business opportunities. Sustaining spectacular growth requires capable senior executives with diverse skills to handle numerous challenges, which is in short supply.
To meet this gap, the EPGP program has a distinct focus on leadership skills essential for senior management teams and is adapted from best-practices in industry. The interdisciplinary nature of the program will enrich your experience both inside and outside the classrooms.
Apart from the pedagogy of the course structure and regular team assignments, a comprehensive project component provides additional impetus for group interaction and peer learning.
The selection process is designed to ensure significant diversity in academic, business and cultural background. During the course of this program, interaction with your peers and faculty will augment many skills. Appreciation of differing perspectives, effective communication, conflict management, negotiation and mobilising individuals towards common goals-all essential ingredients of effective management practices.
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Meet the Director Admission of the ISB in your city

Subject: Meet the Director Admission of the ISB in your city.

Dear Achievers,
Greetings from the Achievers Point

The ISB is having its official Information Session in Delhi on the July 11th 2010 at The Sheraton Hotel. Here, you would get to interact with Director – Admissions, Senior ISB Alums and the Regional Placement Head of the ISB. The session will not only give you information about the school but also its admissions process followed by a detailed Q & A session. As a prospective applicant you may use this opportunity to connect with Senior Alumni of the ISB and get all your doubts about placements clarified from the Regional Placements Heads.

We believe that if you are serious about applying to the ISB this year you register and attend this session.

The registration for the session is free, but essential. To register, please click http://www.isb.edu/infosessions

Details:

Event City Delhi
Date 11-July-2010
Time 11:00 To 1:00 and 3:00 To 5:00
Venue The Sheraton Hotel, District Centre,
Saket New Delhi- 1100 017
Tel: +91 11 42661122

For further details please do not hesitate to reach out to the ISB in any of the following ways:

Warm regards,

Priya Kaur
Centre Manager
Achievers Point
Mobile: 09999424123
Email: counsellor@achieverspoint.com

DISCLAIMER:

This e-mail (including any attachments) is intended for the sole use of the intended recipient/s and may contain material that is confidential, proprietary, privileged information of the Indian School of Business (ISB). Any unauthorized notifying, copying or distributing of this e-mail, directly or indirectly, and the contents therein in full or part is prohibited. If you are not the intended recipient of this mail, please notify the sender, and delete the received mail in its entirety.

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ISB Hyderabad Application Deadlines Announced

Dear Team,

The online application for PGP 2011-12 will go live in a couple of hours.

Here is some key information on this:

Key Dates:

Domestic
Cycle-1 Cycle-2
Application Deadline 30-Aug-10 30-Nov-10
Offer Deadline 15-Nov-10 15-Feb-11
Acceptance Deadline 30-Nov-10 2-Mar-11
International Appl 18 May  2010 – 15 Jan 2011
Interviews 1 Jul, 2010 – 5 Feb, 2011

Application Fee:

First time applicants INR 3,000 (US $ 60)
Re-applicants INR 1,000 (US $ 20)

Admission Fee:

Normal Offer INR 200,000 (US $ 4,500)
Deferred Offer INR 400,000 (US $ 9,000)(As always we do not have a policy on Deferrals, but Admissions Committee will take these up on a case to case basis)
CLIP Offer INR 500,000 (US $ 10,000)

Essay Questions:

Mandatory:
1)     If we were to admit one more student to the class of 2011, make a compelling argument as to why that student should be you? (300 words)

2)     What are your short term and long term goals? How will the ISB help you achieve the same? (300 words)

3)     Please provide additional information, that will significantly affect the consideration of your application to the ISB. (300 words)

Re-applicants:
Above 3 essays and the usual re-applicant’s essay.

Regards,

V. Srinath
Sr. Manager – Admissions & Financial Aid
Indian School of Business
|| Gachibowli ||
|| Hyderabad 500 032 ||
( +91 40 2318 7472  Ê +91 40 2300 7099

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Number of GMAT takers all time high in India & Worldwide

The number of GMAT exams administered in 2009 hit 267,000, just slightly eclipsing the 264,700 given in 2008. That’s an all-time high and the largest number of tests GMAT ever administered in one testing year, even though it’s just an uptick of 2,300 exams over last year.  According to analysis of the most recent GMAT testing year, which ran from July 1, 2008 to June 30, 2009, approximately 51 percent of the exams administered during the period were taken by citizens of nations other than the United States.

The number of GMAT takers were in Indian location was 21,781 but the number of Indian citizens took 30,633 GMAT exams, a 7 % increase over 2008. “Approximately 9,000 Indians took the GMAT outside India. Majority of them come from IT background posted outside India.” said Managing Director of Achievers Point (http://www.achieverspoint.com ), Mr. Shyam Bahadur.

Fast Fact:
The GMAT is used as an assessment tool by more than 4,700 MBA and graduate management programs in nearly 2,000 schools worldwide.

Twenty-one percent of all GMATs are taken by repeat test-takers; the test can be taken up to 5 times every 12 months.

African Americans and Hispanic Americans are also taking the GMAT in greater numbers, GMAC reported. The number of African Americans taking the exam is up 27 percent since 2005, to 10,751, and Hispanic American test takers have increased 16 percent, to 7,339. Finally, the number of test takers from undergraduate fields other than business is also growing rapidly, GMAC reported.

The number of GMAT exams taken by women hit a record 104,880 during testing year 2009, an increase of 36 percent during the past five years and the first time female test takers have exceeded 100,000 in a single testing year. The number of GMAT test takers under 24 grew to 79,577 in 2009, a 132 percent increase from 2005.

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The Admit Office’s Hate List

The Admit Office’s Hate List
Excuses don’t cut it, say seasoned admissions officials. Here’s what not to say, from the folks who have heard it all

Whether it be gaps in your employment history, significant job-hopping, or a lower-than-you’d like GPA or GMAT score, many prospective B-schoolers have something in their applications that they worry doesn’t reflect their true abilities. Is the worry justified? Actually, say admissions counselors, yes. “If you think the admissions committee will question something, we probably will,” says Alison Merzel, co-director of MBA admissions at Ohio State’s Fisher College of Business].

You can try gloss over the shortcomings, or you can make excuses. Either way, you won’t win any points with B-schools admissions offices. Fortunately, most schools’ applications include an optional essay with an open-ended question like, “Is there any further information that you wish to provide to the Admissions Committee?” that’s designed so you can explain any mitigating factors behind the data. “The more information that we have about you, the better,” says Beth Flye, assistant dean and director of admissions and financial aid at Kellogg.

While some applicants might think that drawing extra attention to a problem could be a bad approach, admissions officers say addressing problems head-on—and demonstrating why you can succeed in spite of them—is a much better strategy than trying to hide behind them. “Don’t leave a gap in your application that would leave us wondering. Address it, and then move on,” says Christina Ballenger, co-director of MBA admissions at Ohio State.

But how you address the problem can make all the difference. In fact, admissions directors say MBA candidates sometimes go overboard trying to compensate for the weaknesses (or perceived weaknesses) in their applications. Here’s what they say are some of the most common tactics that backfire. (Source and complete article: http://www.businessweek.com )

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ISB YET AGAIN

For three consecutive years The Indian School of Business (ISB), has been triumphant in securing a position in the top 20 global B-school ranking. Being ranked No: 12 by the Financial Times, London, this year, it has made the country proud, as it is the only Indian Business School in the top 20.
It has emerged as the pioneer in Executive Education and established itself as a leader. It further strives to grow and climb the ladder higher. Being a research driven independent management institution it grooms future leaders for the country and the world.
TOP B-School of the World
1 London Business School. U.K.
2 University of Pennsylvania: Wharton, U.S.A.
3 Harvard Business School, U.S.A.
4 Stanford University GSB, U.S.A.
5 Insead France / Singapore
6 Columbia Business School, U.S.A.
6 IE Business School, Spain
8 MIT Sloan School of Management, U.S.A.
9 University of Chicago: Booth, U.S.A.
9 Hong Kong UST Business School, China
11 Iese Business School, Spain
12 Indian School of Business, India
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Special ISB Focused “GMAT 700+ Batch” from 3rd May 2009

Dear Achiever,

TakeGMAT.com and Achievers Point offer Classroom coaching for future leaders

How we make sure that you score 700++
>> Freshly developed study material based on Latest GMAT trends.
>> Classes by passionate faculty having appeared in real GMAT exam.
>> Visual Vocab: For Difficult Reading Comprehension Words
>> Option to take “Live Online Tutoring” from the best faculty available across the world through tutorplaces.com.
>> Batch for sure shot high score.

Limited seats, Admission only by “Achievers Test”

For more details visit :

http://www.achieverspoint.com/gmat/gmat-coaching-india.htm

Or call 24 hours Helpline: 09899004123

Thanking You

AchieversPoint.com Team

Have a nice day!.
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Phone: +91-40-40077177, 23223750, +91-970336-4123, 970337-4123

Achievers Point Knowledge Systems Pvt. Ltd.,
Second Floor, 202, Mahendra Residency, No. 7-1-455/243/5, Beside Aditya Trade Centre, Ameerpet, Hyderabad- 500036
Phone: +91-40-42226275, +91-924622-4123

24 Hours Study Abroad Helpline: +91-989900-4123
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About Achievers Point:
Filled with customized and excellent material for aspiring candidates, for various purposes such as online tutoring, classroom coaching, admission guidance and visa counseling, AchieversPoint.com has turned thousands of dreams into reality. Blessed with expert academicians and educators, AchieversPoint.com has proved to be one of the most reliable sources of information and knowledge up gradation for students.

AchieversPoint.com provide coaching classes for GMAT, GRE,  SAT, TOEFL and IELTS test preparations and Admission Counseling that are based on purely practical knowledge and research.

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Wharton Is Ranked Top Undergraduate Business Program

April 27 (Bloomberg) — The University of Pennsylvania’s Wharton School, the U.S.’s oldest business college, has the best undergraduate business program in the nation, a new poll says.

Business Week magazine’s first poll of business programs offering bachelor’s degrees ranked University of Virginia’s program second, followed by University of Notre Dame in Indiana, Massachusetts Institute of Technology and Emory University in Atlanta.

University of Michigan’s undergraduate business program was ranked sixth, followed by New York University; Brigham Young University in Provo, Utah; University of Texas at Austin and Indiana University in Bloomington, according to the survey.

The poll marks the second time Wharton’s undergraduate program has been ranked the top business school in a national survey. U.S. News & World Report magazine selected Wharton, in Philadelphia, as the best undergraduate business program among U.S. colleges last year.

“They do just about everything right,” said Louis Lavelle, 45, Business Week’s associate editor in charge of the magazine’s business-school coverage. He spoke in a telephone interview today about Wharton. “The academic quality is off the charts.”

Two calls to Wharton spokeswoman Tracy Liebman seeking comment about Wharton’s top ranking in the survey weren’t immediately returned.

Top Degree Helps

Business Week, published by McGraw-Hill Cos., has ranked graduate schools of business since 1988, he said. A degree from a top-ranked school can help students in the job market, Lavelle said.

“Business schools aren’t giving up on the MBA, but they’re shifting their attention to the undergraduates,” Lavelle said. “One reason is that they’re cheaper, and undergraduates can be molded.”

Founded in 1881 as the first collegiate school of business in the U.S., Wharton has about 2,400 undergraduate students and 280 faculty, according to its Web site.

Among Wharton’s key strengths are its researchers and professors, a median annual starting salary of $55,000 last year for graduating seniors, and an 8.8-to-1 student/faculty ratio, Lavelle said.

Wharton ranked third in Business Week’s 2004 survey of best MBA programs behind top-ranked Northwestern University and University of Chicago.

`Doing it Right’

“You’ve got a lot of synergy — when you do it right as Wharton has — with a good doctoral program that attracts great faculty,” said David Wilson, president of the Graduate Management Admission Council which administers the GMAT test, in a telephone interview today. “That feeds into the master’s program, and bachelor’s-degree students benefit from that.”

The magazine conducted an online survey of students and schools beginning in November 2005, looking at a number of features including course work, students’ starting salaries, student-to-faculty ratio and job placement, Lavelle said.

Business Week asked about 100 business school programs in the U.S. to participate in the survey and 84 agreed to do so, Lavelle said. The magazine asked 100,000 business majors to rate their programs on features ranging from curriculum to grading policies, he said. About 22 percent of the students contacted responded to the poll, Lavelle said.

To contact the reporter on this story:
Patrick Cole in New York at? pcole3@bloomberg.net.(Source:bloomberg.com)

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Tepper School’s New Class Has 696 GMAT Score; Highest Yet at Nation’s No. 3 Business School

PITTSBURGH, Oct. 19 (AScribe Newswire) — Carnegie Mellon University’s Tepper School of Business, the nation’s No. 3 business school according to the 2006 Wall Street Journal/Harris Interactive poll of corporate recruiters, enrolled 137 new full-time MBA students this fall with an average Graduate Management Admission Test (GMAT) score of 696 out of a possible 800. The score reflects the fifth consecutive year of increasing test scores for the Tepper School’s incoming class.

Overall, 28 percent of Tepper students are international, with students from 25 countries in this year’s class compared to 21 last year. Women represent about one-fifth of Tepper’s entering class and underrepresented minorities (African Americans, Hispanic Americans and Native Americans) continued at about 10 percent.

About 92 percent of incoming students held full-time jobs before entering the MBA program, and the average number of years on the job held steady at just more than four years. Included among the incoming students are a neurosurgery resident, a member of the Peace Corps who worked in Cameroon, a patent examiner and a member of the U.S. Coast Guard.

“Tepper’s focus on the intersection of technology and business teaches future leaders of any background the analytical skills for solving complex problems in an interdisciplinary and collaborative environment. That experience develops the confidence to make an immediate and strategic impact on their organizations,” said John Mather, executive director of the Tepper School’s master’s programs.

This year also saw a large increase in enrollment in Tepper’s FlexTime program, offered to Pittsburgh-area students who want to earn their MBA while continuing to work. The FlexTime program has 68 new students this year compared to 55 last year – a 24 percent increase. In addition, 61 new students enrolled in Tepper’s corporate-sponsored FlexMode program, in which professors teach students at companies throughout the country via live video conferencing. Students receive the same MBA curriculum from the same instructors in each of the three methods of delivering the program (full-time, FlexTime and FlexMode).

Tepper’s innovative Master of Science in Computational Finance (MSCF) program – taught both at the Tepper School in Pittsburgh and in New York – welcomed 83 new students for 2006. The interdisciplinary MSCF degree is a 17-month program that draws its course content from four Carnegie Mellon colleges: the Mellon College of Science (math), the College of Humanities and Social Sciences (statistics), the H. John Heinz III School of Public Policy and Management (information technology), and the Tepper School (finance). Tepper also enrolled 20 new Ph.D. candidates, representing 10 countries. Of the new doctoral candidates, eight (40 percent) are women.

Enrollment in the Tepper School’s Bachelor of Science in Business Administration program numbers 82, representing eight different countries, with an average SAT score of 1360. About 43 percent are women.

Tepper is one of 27 U.S. schools to maintain membership in the Forte Foundation, which aims to increase the number of women in business by encouraging their admission into graduate business programs. It is also one of 13 U.S. schools that belong to the Consortium for Graduate Study in Management, a 40-year-old organization that promotes diversity and inclusion in American business.

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MBA FULL-TIME CLASS PROFILE: 2006, 2007, 2008

Class Size: 151, 165, 137

Women: 20 percent 22 percent 21 percent

Minorities (see note): 3 percent, 9 percent, 10 percent

International: 27 percent 30 percent 28.5 percent

Countries represented: 15, 21, 25

Average years of full-time professional experience: 4.3, 4.2, 4.3

Percent with full-time professional experience: 92.7 percent, 91.5 percent, 92 percent

(Note: The category “minorities” includes African American, Native American and Hispanic only.)

ACADEMIC BACKGROUND: 2006, 2007, 2008

Undergraduate GPA average: 3.3, 3.38, 3.4

3.5 or higher: 28 percent, 42 percent, 40 percent

3.0-3.49: 50 percent, 45 percent, 49 percent

2.5-2.99: 19 percent, 12 percent, 8 percent

2.49 or below: 3 percent, 1 percent, 3 percent

GMAT Average: 691, 692, 696

700 or higher: 47 percent, 53 percent, 56 percent

600-699: 52 percent, 45 percent, 43 percent

Less than 600: 1 percent, 2 percent, 1 percent

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ABOUT THE TEPPER SCHOOL OF BUSINESS

Founded in 1949, the Tepper School of Business at Carnegie Mellon (www.tepper.cmu.edu) is a pioneer in the field of management science and analytical decision-making. The school’s notable contributions to the intellectual community include six Nobel laureates and a consistent presence in the top tier of business school rankings. The Wall Street Journal recently ranked the Tepper School as the third-best business school in the United States.

- – - -

CONTACT: Geof Becker, Tepper media relations, 412-268-3486, gbecker@andrew.cmu.edu
(Source: ascribe.com )

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