April 24 Roundup
Visa restrictions cause serious concern for b-school candidates
According to new research by GMAC, prospective business school students in the Middle East, Africa, and Central & Southeast Asia in particular are concerned that visa restrictions during the coronavirus pandemic will block their passage to business school. This comes as Donald Trump announces a new US immigration ban and a 60-day freeze to green card applications.
The survey snapshot reveals a third of candidates based in Central & South Asia (34%) and the Middle East & Africa (33%) reported concern about visas as compared to 13% in East & Southeast Asia, 5% in Europe and 3% in the United States.
This points to the popularity of US and European business schools. US and European students are happy to study closer to home, whereas internationals are more concerned that they won’t be able to study at their target US or European b-schools. If global mobility is limited by coronavirus, the diversity of students at business school—on MBA programs, for example—will be impacted.
GMAT Online Exam: New Online Whiteboard Practice Tool
If you’re taking the new GMAT Online Exam you won’t be able to take physical notes using pen and paper. You’ll instead need to use an online whiteboard. Understanding this could be a little tricky for first-time online GMAT test-takers, GMAC have launched a new online whiteboard practice tool to help you out.
GMAT Online Exam: Honest review
Harvard hemorrhages money
Harvard Business School expects revenue to plunge by close to $115 million due to the coronavirus pandemic, according to various reports. In an email, HBS dean Nitin Nohria and executive dean for administration Angela Q. Crispi announced they expect an overall loss of $22 million for 2020.
The email says the decision to freeze Executive Education programs, a fall in alumni donations, falling case sales, and potential endowment distribution decline caused by coronavirus have all contributed to the revenue loss.
GRE testing disrupted by coronavirus
The GRE test is also available to take online, at-home. However, some test-takers have reported technical issues with the test. If you are looking to take the GRE test to apply for business school in a test center, check out our live updates on GRE test center closures.
Countrywide postponements in EMEA:
Albania: Through April 25
Belgium: Through May 2
France: Through May 2
Hungary: Through April 25
Iran: Through May 20
Ireland: Through May 2
Italy: Through May 2
Kyrgyzstan: Through April 26
Morocco: Through May 16
Romania: Through April 25
South Africa: Through April 25
Spain: Through April 25
Switzerland: Through April 25
Tunisia: Through May 2
United Kingdom: Through April 25
All other countries are reporting at least one test center closed in response to local public health concerns.