The Graduate Management Admission Council (GMAC) has acquired the NMAT exam in India from the Narsee Monjee Institute of Management Studies (NMIMS). It will assume ownership and management of the NMAT and the exam will be re-titled the ‘NMAT by GMAC’. This is its first ever acquisition of a test asset anywhere in the world.
The NMIMS Management Aptitude Test or NMAT is the MBA entrance exam for admissions to Narsee Monjee Institute of Management Studies (NMIMS) Mumbai. It is designed on a multiple-choice question format that includes Language Skills; Quantitative Skills, Data Interpretation and Data Sufficiency; and Logical Reasoning.
The Graduate Management Admission Council (GMAC) is a non-profit education organisation of leading graduate business schools and owner of the Graduate Management Admission Test (GMAT), used by more than 6,100 graduate business and management programmes worldwide. The deal marks a new stage in the GMAC’s participation in the Indian graduate management admissions market and complements the presence of the organisation’s GMAT exam.
Sangeet Chowfla, president and chief executive officer of GMAC, said the registration window for students for 'NMAT by GMAC' would open in July 2015 for examinations that would be held in October, November and December across the country.
The GMAC announced that along with the graduate management programmes of the NMIMS, Alliance University, SRM University, BML Munjal University, VIT University, ICFAI Business School (IBS) and Ansal University had chosen to accept the NMAT by GMAC exam for admissions. For students, the process of taking the exam will remain the same. GMAC plans to improve some aspects of score reporting to schools that accept the NMAT by GMAC, and will, in subsequent years, incorporate additional features that will enhance the test-taker experience.
R Muthusubramanian, director, admissions, SRM University, said this development held significance for Indian graduate management education as the NMAT possessed a huge base of test takers and with the shift of management to GMAC, all schools would get access to a large pool of talented aspirants.
Chowfla explained that they were looking into modifications that needed to be made and were working on tightening the psychometrics of the test design. He said they also would look at making the scores valid for five years. "We will enhance the test, be it through a longer testing window, by having a longer validity for the scores and by providing online access to the test scores for the schools," he said.
The NMAT by GMAC exam will be offered between October and December 2015, and registration will commence in July 2015. The GMAC will continue to work with Pearson VUE, the GMAC‘s global partner for delivery of the GMAT exam, to administer the NMAT by GMAC. Pearson VUE has been delivering the NMAT exam since 2009 in partnership with NMIMS.
"We will continue to make new investments in new testing programmes and also look at expanding the NMAT by GMAC into other institutes in the emerging world," he said.