The NMAT exam in India will now come under purview of the Graduate Management Admission Council (GMAC) after the latter acquired the exam from the Narsee Monjee Institute of Management Studies (NMIMS).
After this acquisition, the GMAC will now own full ownership and management of the NMAT exam which is likely to be re-branded as the “NMAT by GMAC”.
Interestingly, this happens to be the first ever acquisition of a test asset anywhere in the world. The NMIMS Management Aptitude Test (NMAT) is an entrance examination for admission to NMIMS Mumbai. The exam tests candidates’ ability in Data Interpretation, Data Sufficiency, Quantitative Skills, and Logical Reasoning. The test follows object type multiple choice format.
GMAC is a non-profit organization comprising leading graduate business schools and owner of the Graduate Management Admission Test (GMAT) which is used my over 6,100 graduate and business management programs across the world.
Sangeet Chowfla, president and chief executive officer of GMAC, announced that the registration process for “NMAT by GMAC” aspirants would open in July 2015 and the exam would be conducted on October, November, and December across the country.
“We will enhance the test, be it through a longer testing window, by having a longer validity for the scores and by providing online access to the test scores for the schools,” Chowfla said.
He also explained that GMAC was currently examining the different aspects of the “NMAT by GMAC” in a bid to find out if any sort of modification will be required to make the test more foolproof and effective. In addition, GMAC will also work on tightening the psychometrics of the test design.
If all goes according to the plan, the scores obtained in “NMAT by GMAC” will remain valid for as long as five years, Chowfla added.