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The Graduate Management Admission Test (GMAT) - the MBA admissions exam - is about to undergo its biggest makeover in more than a decade, reports BusinessWeek. Starting in 2012, aspiring business school applicants will take the so-called Next Generation GMAT, which will include a new section on integrated reasoning, in which test takers will analyze data from multiple sources in order to draw conclusions.

For years, the Indian government hasn’t taken any action against the controversial Indian Institute of Planning and Management (IIPM). Now the University Grants Commission (UGC), which as a higher Federal authority in India is responsible for the administration and recognition of universities, has issued a public notice that the business school is not authorized to confer degrees like the MBA and that these degrees are not recognized by the government.

Applications to graduate management education programs painted a mixed picture in 2010, with demand for programs aimed at mid-career professionals particularly strong even as interest in full-time MBA programs continued to soften, according to a global survey of business schools released by the Graduate Management Admission Council (GMAC).

The ESMT European School of Technology and Technology in Berlin becomes academic member of the Kofi Annan Business School Foundation and awards a Full-tuition Fellowship for high-potential young professional from a developing country. Beside his name the foundation hasn´t to do anything with the former Secretary-General of the United Nations. The founders are two schools and a consultancy.

Interns who want to get a job must tell their employer who they are; what they stand for; and the extent to which all this is congruent with the values and culture of the firm, says Robert F. Bruner, Dean of Darden School of Business.

The University of St. Gallen is launching a new part-time MBA in February. The focal point is personal development as a manager.

Based in Abu Dhabi, Margit Gabriele Müller is the head of the world’s most important health care center for birds of prey. Her MBA helps her do her job.

Since April, Carsten Schaefer has been specialized as a headhunter in the area of higher education at the 3C Career Consulting Company in Munich. He wants to support business schools in filling their management positions. MBA Channel inquired about his reasons and goals.

The world largest accreditation organization AACSB International announced that three institutions, Central Washington University (USA), Ewha Womans University (South Korea) and University of Zurich (Switzerland) have earned initial accreditation in business.international.

More women are heading to business school than ever before, reports “Forbes”. According to numbers released last year by the US Department of Education, women received 44 per cent of all MBAs in 2007, a 75 per cent increase from a decade earlier.

A growing list of business schools are adding courses on social media to their MBA curricula, addressing the corporate demand for social-network-savvy employees. Now Harvard Business School and Columbia Business School have joined the ranks, reports Businessweek. The two schools are among at least six that have added courses in the past year that allow students to learn about internet marketing and social media strategy.

The controversial Indian Institute of Planning and Management (IIPM) is no longer a member of the Central and East European Management Development Association (CEEMAN).
Almost simultaneously, the “European division of the IIPM,” the International Management Institute (IMI) in Brussels, lost its membership with the European Foundation for Management Development (EFMD) in Brussels.

Building on the MBA’s flexible, practice-based approach, the new MBA program of the Open University (OU) Business School will have a strong international focus, with emphasis on strategic analysis, interdisciplinary skills and independent judgement.

In May Indian born Nitin Noharia was appointed as dean of the Harvard Business School. Now Sunil Kumar – also Indian born and educated - will take over as dean of Chicago Booth School of Business. And Dipak Jain, who stepped down as dean of the Kellogg School of Management in September 2009, is tipped to be the new dean at INSEAD.

MBA programs which combine online instruction with limited on-campus time are becoming a popular option for students who want to attend brand-name schools without giving up their jobs, reports the Wall Street Journal. The Babson College’s Fast Track MBA for example, a seven-year-old part-time program in Wellesley, Massachusetts that blends a limited amount of on-campus time with a concentrated online component uses the same professors as the full-time program. This so-called hybrid program even includes group project work—a hallmark of many MBA programs—which is done virtually via conference call or Skype.

Qatar Foundation and HEC Paris finalized a partnership agreement for HEC Paris to offer executive education programs and carry-out research activities in Qatar, making the French business school the first member of the Qatar Foundation Management, Education and Research Center (QF-MERC).

The Executive MBA Program (IMM) of the GISMA Business School in Hannover (Germany) in cooperation with the Krannert School of Management (USA), the Central European University (Hungary) and TiasNimbas Business School (Netherlands) will be offering one more location in future. Apart from the lectures at the four partner schools, as well as in Beijing and Shanghai, participants will be also able to study in future in Mexico City and Puebla.

That’s the simple premise behind a global contest to find ways to change management education for the better launched by the Graduate Management Admission Council (GMAC), the nonprofit association of business schools that owns the GMAT exam. GMAC is inviting anyone to submit three paragraphs that answer this question: What one idea would improve graduate management education? The GMAC Management Education for Tomorrow (MET) Fund will award a total of US$250,000 in prizes to 15 people whose ideas rise to the top, with the most promising proposal taking home US$50,000.