There’s big news from the GMAC.

Perhaps because they are feeling the competition as more schools begin to accept the GRE, the GMAC has announced that it will add a new section to the test called Integrated Reasoning.

According to the GMAC, this new section is designed to measure people’s ability to evaluate information from multiple sources.  It was created with a goal of making the GMAT ever more relevant to business school. The GMAC has been polling faculty at business schools for the past four years, and this new development stems directly from their feedback.

The Integrated Reasoning section, writes BusinessWeek, will involve analyzing charts and data points, and even include audio. It will last 30 minutes and replace one of the current essays (the AWA.) The total exam will remain three and a half hours long, and the AWA and Integrated Reasoning sections will be graded separately from the quantitative and verbal portions of the test.

So what does this mean for GMAT test-takers?

Chris Ryan, our director of product and instructor development, noted that because this new section will not affect the main section of the test, GMAT-takers should not worry about huge differences.  Students should continue to focus most on the verbal and math portions of the test.

While the Integrated Reasoning section may give the GRE’s data interpretation section a run for its money, Chris sees it as a smart move on the GMAC’s part to integrate what could be quite similar to a mini business case.

As for admissions, Chris believes that because members of the business school faculty were instrumental in suggesting and implementing the change, the new Integrated Reasoning section may take a higher place than the AWA, but the unchanged verbal and math sections will still be the most important parts.

Students do not have to feel like it’s going to change the preparation for the test all that much, said Chris Ryan.

For more information, check out these articles:

GMAC press release

BusinessWeek: The GMAT Gets a Makeover

Financial Times: GMAT revamp focuses on reasoning

Inside Higher Ed: Multiple Task Questions

Bloomberg: GMAT Test for Business School Has Biggest Change in Decade

There have been many stories about the improving economy, but apparently the current climate remains tough for 1st year MBA Students seeking internships, according to Businessweek.com. For those of you who haven’t yet started school, you’ve got a year or two for things to improve!

Thinking of going to school abroad?  You’re not alone! Applications are up sharply at European B-schools, according to Business Week. It’s part of an upward trend worldwide, but the increase is particularly high in Europe, where many institutions say apps are up 10 percent or more. The Vlerick Leuven Gent Management School in Belgium has doubled its class in the past year, while Switzerland’s St. Gallen has grown its part-time program 100 percent. The trend is also ramping up competition in many places–Westminster Business School, in the UK, has had to wait-list full-time MBA candidates for the first time in the school’s history.

The piece attributes the growth largely to career changers and young people looking for a recession safe haven that will bolster their resume. European schools are also increasingly attractive to international students who plan to return, thanks to easier visa requirements and widely dispersed alumni networks.

If you’re in the market for an international GMAT course, check out our new London offerings, as well as our Live Online classes. And if you just want to take a trip to Europe, the dollar’s getting stronger, so a Big Mac will only be $8 or so.

Businessweek recently hosted a chat with admissions officers from Kellogg, one of the most popular business schools for our students. We thought we’d pass the link along, as it’s always great to get insight directly from the people who will be reading applications. (Also, they mention that they just care about your highest GMAT score, so don’t fret if you didn’t knock it out of the park the first time!)

This past weekend, I attended a barbecue and wound up in a conversation with a current Wharton student. We talked about Scoretop for a little bit, as she had just received an e-mail from the administration about the 3 students at Wharton whose scores had been canceled due to confirmed usage of the Scoretop site.

One interesting point that this student shared with me that I was surprised by was that, prior to her showing up at Wharton, she went through the equivalent of a background check, with people calling her past employers and confirming various details. She said that one of her supervisors at Ebay had since left the company, and she had to scramble to track the person down so that her information could be verified.

Businessweek also reported recently on steps B-schools are taking to catch resume-puffers. It seems there’s a growing trend of ‘trust, but verify’ in the MBA application landscape. Something to be aware of as you’re filling out your applications.

Again from Businessweek we have Business Schools themselves reacting to the Scoretop affair. A wait-and-see attitude seems to be the dominant theme until more facts and numbers are presented. Certainly the number of affected individuals seems to be substantially smaller than the 6,000 identified students to date.