The demand for MBA degree has tremendously grown in past few years. The entrance test CAT had seen the highest number of registrations in last 5 years. NMAT by Graduate Management Admission Council this year has witnessed 15% increase in the number of registrations which is in itself an all-time high achievement since its inception more than two decades ago. The recorded growth in the number of test takers is not only with NMAT but with most MBA entrance tests.
NMAT was formerly known as NMIMS Management Aptitude Test. GMAC acquired ownership of the exam from NMIMS University in March 2015 and re-branded it as NMAT by GMAC. Registration process of NMAT began on July 2 and ended on October 19. As per Graduate Management Admission Council, NMAT by GMAC has received more than 54,010 unique test takers surpassing last year’s registration of 46,950 thus breaking the records of all past years.
The three main actions that deserve full credit for increase in number of applications is that the ownership of this exam as well as the preparation of preparatory material has been given to the private company, secondly collaboration with more universities and institutions of India and addition of new payment structures supported by aggressive marketing contribute to this.
Sangeet Chowfla, CEO of GMAC said, “When we assumed ownership of this exam, one goal was to encourage a more diverse group of candidates, including women and non-engineers, to apply to management education institutions in India.” Further he added, “This first NMAT by GMAC registration cycle demonstrates that we are helping to connect the talent and aspirations of these students with new opportunities at more schools.”
GMAC officials are of the view that when the aforesaid new exam features were introduced there was an overall increase in the number of unique test takers who registered for NMAT by GMAC. Out of the total applications received, somewhere around 38 per cent of all registrants are females and the applicants from both the backgrounds – engineering and non engineering have registered.
NMAT Exam is divided into three sections: Language Skills, Quantitative Skills and Logical Reasoning. NMAT is a computer based test wherein each candidate is given a randomly generated test from a pool of questions, provided one-at-a-time. Each of the three sections of NMAT by GMAC have individual time duration. Candidates have to answer the asked questions and review them within the given time frame. The time allowed is 120 minutes.
At present NMAT by GMAC score is accepted by following prestigious institutions and the list will keep on growing in coming years. NMIMS University – Mumbai, Bangalore, Hyderabad, Alliance University – Bangalore, Amity University – Delhi NCR, Ansal University – Delhi NCR, ICFAI University, IBS Business School – Hyderabad and other locations, Mody University – Rajasthan, BML Munjal University – Delhi, Shoolini University – Chandigarh, SRM University – Chennai, Thapar University – Chandigarh, VIT University – Vellore, Woxsen School of Business – Hyderabad, Chitkara University – Patiala, University of Petroleum & Energy Studies (UPES) – Dehradun, Hyderabad Business School, GITAM University – Hyderabad and Institute of Management, JK University – Jaipur.