April 15 Roundup
GMAT Online Exam Reaction
The reaction to the GMAT Online exam among the business school community has been positive, with admission consultants praising the Graduate Management Admission Council's swift action. The online test is a boost to b-school candidates who want to enrol in an MBA or master's program this year.
The main concern seems to be over the need to use the online whiteboard to do calculations for the quant section of the exam. GMAT-takers fear this will be tricky and time consuming, and isn't a feasible way to complete a section that relies so heavily on note taking and calculations with pen and paper. We have contacted GMAC for comment.
Check out our GMAT Online Exam FAQs to get your questions answered.
Coronavirus Volunteering Ideas For Prospective MBAs
MBA admissions consultant, Stacy Blackman, has shared her ideas for MBA volunteering opportunities during the coronavirus pandemic. Find out how you can strengthen your leadership profile and stand out to admissions teams when it comes to applying to business school during the next application cycle.
Kellogg Waives Test Scores For Round 3 MBA Application
Kellogg School of Management has announced that the school is waiving the GMAT/GRE/TOEFL/IELTS requirement for students applying in round three of the Full-Time MBA application cycle, and the summer start cohort for the Evening and Weekend MBA Program.
The school is shifting the start date of the summer quarter by one month, to July 15th, with classes set to begin on July 20th. Currently, the hope is that the fall quarter for first year full-time MBA students will begin as originally planned, on September 21st, 2020.
Georgetown McDonough launches MBA scholarships for Mexican students
Some positive news amidst the coronavirus pandemic. Georgetown McDonough School of Business has established partnerships with two Mexican organizations to provide MBA scholarships and financial aid for Mexican applicants to its full-time MBA program.
The partnerships with the Fund for the Development of Human Resources (FIDERH) and the Mexican Foundation for Education, Technology, and Science (FUNED), will grant eligible Mexican citizens low-interest loans for tuition from the respective organizations, as well as merit-based MBA scholarships from Georgetown McDonough. FUNED recipients are also eligible for additional merit and need-based scholarships.
Loan recipients from FIDERH don’t pay interest during school and have a one-year grace period after graduating. FUNED provides loans of up to $15,000, and recipients are given a six-month grace period post-MBA and five years to pay back their loan—students are also eligible to receive merit and need-based scholarships of up to $40,000.