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Wednesday, July 19, 2006

PowerScore Article: MBA Graduates in High Demand, Preparing for the GMAT More Important Than Ever

Powerscore issued this PR announcement today. The first part is informative and 2nd half tells you a bit about them. -Dave

MBA Graduates in High Demand, Preparing for the GMAT More Important Than Ever

Download this press release as an Adobe PDF document.

Job prospects have never looked better for business school graduates. According to new research from the Graduate Management Admission Council (GMAC), corporate recruiters plan to hire 18 percent more MBAs this year than in 2005. More and more students are applying to business schools to take advantage of these encouraging trends.

(PRWEB) July 19, 2006 -- Job prospects have never looked better for business school graduates. According to new research from the Graduate Management Admission Council (GMAC), corporate recruiters plan to hire 18 percent more MBAs this year than in 2005. Moreover, the survey found that the average new MBA’s starting base salary is over $92,000 up 4.2 percent from the $88,626 average in 2005. The average total compensation package for newly minted MBAs has risen to $99,737.

Numbers for the top b-schools look even more promising. Last year, Harvard Business School graduates reported an average total compensation package worth over $174,000, up 11 per cent from 2004. MBAs from Dartmouth College’s Tuck School reported a substantial increase of more than 15 percent, receiving an average of $150,000 and Stanford Business Graduates averaging almost $149,913, up 9.5 percent.

“Everyway you look at it, the market for MBA talent has come back strong,” said David A. Wilson, president and CEO of GMAC. Recruiters have a positive outlook of the economy, and feel it is stronger now than at any other point since the GMAC Corporate Recruiters Survey was launched in 2002. Furthermore, two thirds of students surveyed rated their MBA degree as an outstanding or excellent value, proving that most MBA students feel that their investment in business school was worthwhile.

More and more students are applying to business schools to take advantage of these encouraging trends. GMAT registrations beginning in March for 2006 began to outpace registrations for the same period in 2005. Registration volume for the GMAT through the first five months of 2006 was 96,714 worldwide, 3.9% more than the number of registrations during the same period in 2005. Registration volume increased 2.8% within the U.S. and 6.3% outside the U.S.

The GMAT is one of the primary factors that will determine an applicant’s acceptance into Business School, as well as their eligibility for merit-based grants, scholarships, assistantships, and other financial aid. A GMAT score is typically the single component that all applicants have in common, and is considered by most schools to be a relatively accurate predictor of how students will perform academically.

PowerScore’s exceptional instructors and comprehensive challenging materials can help students earn the best score possible and get into the business school of their choice. PowerScore test professionals have designed the PowerScore GMAT courses to provide students with maximum exposure to the concepts that appear on the GMAT, access to the best possible instructors and classroom material, and the most comprehensive support system to complement their studies. See below for more information about PowerScore’s 30-hour Full-length GMAT Course and
16-hour Weekend GMAT Course.

Full-Length GMAT Preparation Course (
• 30 hours of live, in-class instruction
• Unmatched student support, including access to our free GMAT Hotline and Online Student Center
• Pre-course supplements addressing Arithmetic and English fundamentals
• 7 Computer Adaptive Practice Tests
• Instructors who have all scored in the 99th percentile on an actual GMAT
• In addition to the course materials, receive a personal copy of The Official Guide for GMAT Review, including over 1400 actual GMAT questions and 200 Analytical Writing Assessment topics
• An incredible value at $995. No other company offers you so much for such a great price. Kaplan and Princeton Review offer a similar number of course hours for $1349!

Weekend GMAT Preparation Course (
• 16 hours of live, in-class instruction, scheduled on a single weekend
• Instructors who have all scored in the 99th percentile on an actual GMAT
• A personal copy of The Official Guide for GMAT Review, including over 1400 actual GMAT questions and 200 Analytical Writing Assessment topics
• Access to our Online Student Center with pre-course supplements addressing Arithmetic and English fundamentals, a comprehensive homework assignment designed for post-class study, access to 7 Computer Adaptive Practice Tests, free Email Assistance, and the ability to repeat the course for free within a year.
• An incredible value at $395.

PowerScore is one of the world’s fastest growing test preparation companies and offers GMAT, GRE, LSAT, and SAT preparation classes in over 75 locations in the U.S. and abroad. For more information, please visit


Anonymous Anonymous said...

What a coincedence. A test prep company reporting that the GMAT is more important than ever.

11:55 AM  

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