ISB dean elected to the Board of GMAC

This is the press note released in repect of ISB dean being elected to the Board of GMAC and published in Business Standard, and PagalGuy.com on August 01, 2007.

M Rammohan Rao, Dean of the Indian School of Business (ISB), has been elected to the board of directors of the Graduate Management Admission Council® (GMAC), effective July 1, 2007. Dean Rao’s election is particularly significant because he is the first Indian Business School Dean to be named to this prestigious body.

Speaking about his new role, Dean Rao said, “This is an excellent opportunity to bring global management practices to India. The ISB was one of the first B-schools in India to use GMAT® scores an admission criterion. It has helped us a great deal in establishing international standards of quality and in selecting bright students for the Post Graduate Programme in Management.”

"The Graduate Management Admission Council® is honoured to have Dean Rammohan Rao join its board,” said David A. Wilson, president and chief executive officer of GMAC®.. “He is an outstanding scholar who is now leading one of the most respected schools of business in the world. He will bring wisdom and perspective to the deliberations of the board." Dean Rao has been elected for a period of three years. As a board member, he will play an important role in making the GMAT® exam more accessible to people who wish to pursue a graduate management degree.

The ISB is also a member of the Council’s group of governing schools. Membership in this group is by invitation only, and the ISB is the only school to represent India. GMAC is the provider of the Graduate Management Admission Test® (GMAT®), used worldwide to assess applicants to graduate management education programs. The GMAT® exam is a highly reliable predictor of an applicant's ability to succeed academically in graduate business studies.In addition to its value as a predictor of an applicant's success in business school, the GMAT® exam is also a powerful tool for comparing applicants.

As an objective and consistent indicator, the GMAT score offers one of the most effective ways of contrasting one applicant with another, no matter how different their backgrounds may be. The GMAT examination, launched in 1954, is a standardized test designed to measure verbal, mathematical, and analytical writing skills. It is given throughout the year in nearly 100 countries around the world. Over the more than 50 years of its use, the GMAT® exam has been repeatedly studied, tested, and modified to ensure that it continues to help predict academic performance.