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© 2015 Graduate Management Admission Council® (GMAC®) All rights reserved. GMAC Pan-African Assessment in the Story of African Success in the 21 st Century Sangeet Chowfla, President and CEO, GMAC AABS Connect Annual Conference Johannesburg, South Africa May 19, 2015

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Page 1: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

GMAC Pan-African Assessment in the Story of African Success in

the 21st Century Sangeet Chowfla, President and CEO, GMAC

AABS Connect Annual Conference

Johannesburg, South Africa May 19, 2015

Page 2: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Graduate Management Admission Council®  Interna(onal  Associa(on    •  212  governing  Business  Schools  •  6,000+  programs  •  80+  countries  •  mba.com              

GMAC  is  known  for:    •  The  GMAT®  Exam  available  in  115  countries  •  Research,  surveys,  and  market  intelligence  •  Professional  development  and  networking  opportuniPes  •  In  Africa  –  Student  pipeline  development  iniPaPves  

Page 3: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

GMAC® Vision & Mission Vision  GMAC  will  be  the  global  leader  in  connec%ng  talent  and  aspiraPon  with  opportunity.    Mission    GMAC  believes  that  business  and  management  are  criPcal  to  the  economic  and  social  well-­‐being  of  people  worldwide.  We  provide  informa%on  and  insights  to  improve  decision  making  about  the  discovery  and  evaluaPon  of  talent.  At  GMAC,  we  do  this  to  contribute  to  the  effecPve  use  of  human,  natural,  and  financial  resources  throughout  the  world.  

Page 4: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Connect  

Fill    

Convene  

Find  

Understand  

SCHOOLS  

CANDIDATES  

INDUSTRY   PROFESSIONALS  

Purpose

Page 5: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

More than the GMAT MBA.com  8.8  million  views  

PREP  500,000  downloads  |  

250,000  guides  

GMASS  4.2  million  names  

downloaded  

SURVEYS  Students  |  ApplicaPons  |  Grads  

|  Recruiters  |  Alums  

STUDIES  300  validity  studies  

CONFERENCES  1,000  school  abendees    

GMAT  

Page 6: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Topics to cover today

GLOBAL  GME  ADMISSIONS  TRENDS  •  Global  trends  •  Africa-­‐specific  trends  

VALUE  OF  A  COMMON  ASSESSMENT  •  GMAC  assessments  in  the  global  context  •  Role  of  a  Pan-­‐African  assessment  in  enhancing  African  school  market  place  

UPDATE  ON  PAN-­‐AFRICAN  ASSESSMENT  •  Progress  to  date  •  Plans  to  pilot  &  launch  assessment  

1

2

3

Page 7: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Global GME Admissions

Worldwide-­‐trends  and  Africa-­‐specific  trends,  Vis-­‐à-­‐vis  the  GMAT  and  GMAC  survey  research  

1  

Page 8: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Strong demand for the full-time MBA

80%

64%

41%

28%

43% 50%

61%

2008 2009 2010 2011 2012 2013 2014

Source: GMAC Application Trends Survey 2014. Note: previous year data may differ slightly from public reports due to late survey respondents. Differences, however, would be minor.

% of Global FT MBA Programs Reporting Growth

Page 9: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Slowdown in masters applications

0%  

25%  

50%  

75%  

100%  

2009   2010   2011   2012   2013   2014  

%  of  US  Specialized  Masters  Programs  Repor(ng  Growth  

M.Mgmt.   M.Acct.   M.Fin.  

Note:  GMAT  Examinees  by  CiPzenship;  TY2012  and  TY2013  smoothed  to  adjust  for  IR  tesPng  spike  in  TY2012  Source:  2009-­‐2014  ApplicaPon  Trends  Survey  

TY2014  Scores  sent  to  specialized  masters  degrees  by  ci%zenship    

•  Europe:  52%  •  Asia-­‐Pacific:  39%  •  Middle  East  &  Africa:  19%  •  North  American:  18%  •  LATAM:  13%  

Only  15%  of  examinees  sent  scores  to  both  MBA  and  specialized  masters  programs.  

Page 10: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

English speaking graduates by African country

Libya  

Tunisia  

Algeria  

Morocco  

Guinea  Bissau  

Mauritania  

Egypt  

Chad  

Niger  Eritrea  

Sudan  

Central  African    Republic  

Nigeria  

Mali  Senegal  

Liberia  

Togo  

Cameroon  

Ethiopia  Somalia  

DjibouP  Gambia  

Sierra  Leone  

Guinea  

Ivory    Coast  

Benin  Zaire  –  Dem.  Rep.  of  Congo   Uganda  

Gabon  Kenya  

Burkina  

Ghana   Equatorial    Guinea  

Congo  Rwanda  

Tanzania  

Mozambique  

Angola  

Zambia  

Burundi  

Malawi  

Madagascar  

Botswana  

Zimbabwe  Namibia  

South  Africa  

Lesotho  

Swaziland  

More  than  75,000  

10,000  –  75,000  

2,000  –  9,999  

Less  than  2,000  Cape  Verde  

MauriPus  

Seychelles  

No  data  

Candidate  Pipeline      Size  

University  graduates  

%  of  English  speaking  graduates  

Western  Sahara  

Source:  CIA  World  Factbook;  Wikipedia;  LBS  alumni  interviews;  Wolframalpha;  Africa  UPENN;  internet  search    

Page 11: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

GMAT TY2014 Test Volume: African Residents

Southern  Africa:  920,  24%  1.  South  Africa:  897  2.  Botswana:  23  

Northern  Africa:  924,  24%  1.  Egypt:  659  2.  Morocco:  218  3.  Tunisia:  47  

Eastern  Africa:  703,  18%  1.  Kenya:  422  2.  Uganda:  91  3.        Zimbabwe:  64  4.  Tanzania:  43  5.  Ethiopia:  42  6.  Zambia:  25  7.  MauriPus:  16  

Western  Africa:  1,245,  32%  1.  Nigeria:  773  2.  Ghana:  428  3.  Senegal:  28  4.  Ivory  Coast:  16  

Middle  Africa:  69,  2%  1.  Cameroon:  69  

Source:  GMAT®  Exam  Data  

Page 12: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

4  182  

1  821  

1  885  

846  

55  

56  

29  

23  

4  018  

1  888  

1  807  

521  

65  

36  

28  

23  

0   500   1  000   1  500   2  000   2  500   3  000   3  500   4  000   4  500  

United  States  

Africa  

Western  Europe  

Canada  

Australia  and  Pacific  Islands  

East  and  Southeast  Asia  

Central  and  South  Asia  

Middle  East  

TY2010   TY2014  

Regional score sending Regional Score-Sending,

TY2014 & TY2010 African Residents

Source:    GMAC®  Score  Sending  data  TY  2014    

Growth  

-­‐3.5%  

4.1%  

4.3%  

62.4%  

-­‐15.4%  

55.6%  

3.6%  

0.0%  

Page 13: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Proportional Change in Score-Sending, TY2014 vs. TY2010 African Residents

Source:    GMAC®  Score  Sending  data  TY  2014    

3,3%  

0,9%   0,7%   0,4%   0,4%  

-­‐0,8%  -­‐1,0%  

-­‐1,9%  -­‐2,4%  

-­‐5,0%  

-­‐3,0%  

-­‐1,0%  

1,0%  

3,0%  

5,0%  

Canada   France   Germany   South  Africa   Kenya   United  States  

Nigeria   Egypt   United  Kingdom  

Proportional score-sending

846   491   94   1,163   403   4,182   32   221   829  #  of  scores  sent,  TY2014  

Page 14: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Africa  as  GMAT  Score-­‐Sending  Des(na(on  

 ü  Programs  in  Kenya,  Egypt,  

Morocco,  Nigeria,  Tanzania  and  South  Africa  received  GMAT  score  reports  in  TY2014.  

ü  In  total,  30  programs  received  1,936  scores,  versus  23  programs  and  2,039  scores  in  TY2010.  

   

Study destination preferences by country

0%  

0%  

2%  

19%  

38%  

48%  

100%  

100%  

98%  

81%  

62%  

52%  

Ghana  

Morocco  

Nigeria  

Egypt  

Kenya  

South  Africa  

GMAT  Score-­‐Sending  Des(na(ons    by  Country  of  Residence  

%  in  Africa   %  Abroad  

Source:    GMAC®  Score  Sending  data  TY  2014    

Page 15: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

38%  Women  

23%  Age  31  to  39  

8%  0  years  of    

work  experience  

Africa  Average  

Regional demographic variation

4%  

7%  

10%  

39%  

6%  

3%  

EGYPT  

GHANA  

KENYA  

MOROCCO  

NIGERIA  

SOUTH  AFRICA  

EGYPT  

GHANA  

KENYA  

MOROCCO  

NIGERIA  

SOUTH  AFRICA  

EGYPT  

GHANA  

KENYA  

MOROCCO  

NIGERIA  

SOUTH  AFRICA  

Source:    GMAC®  Score  Sending  data  TY  2014    

Page 16: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Motivations and reservations

72%  67%   64%   62%  

55%  

0%  10%  20%  30%  40%  50%  60%  70%  80%  90%  100%  

Top  5  mo(va(ons  for  b-­‐school  

46%  40%  

35%  31%  

17%  

0%  10%  20%  30%  40%  50%  60%  70%  80%  90%  

100%  

Cost   Time/energy   Limit  Pme  for  VIPs  

Debt   Postpone  personal  plans  

Top  5  reserva(ons  about  b-­‐school  

African  residents  seeking  to  study  in  Africa  

Vs.  54%  worldwide  

Vs.  26%  worldwide  

KSAs  –  Knowledge,  Skills,  AbiliPes  Source:  2015  mba  ProspecPve  Students  Survey  data  on  African  residents  

seeking  to  study  in  Africa  (N  =  200)  

Page 17: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Value of a Common

Assessment How  a  common  assessment  contributes  to  a  

thriving  GME  marketplace  

2  

Page 18: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Leader in global GME assessments

       

Countries  where  GMAT    is  delivered  

115          

Countries  where  GMAT  scores  are  sent  

86          

Countries  of  ciPzenship  of  GMAT  candidates  

186  

Page 19: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Quant  &  Verbal  

Data  Sufficiency  

Cri(cal  Reasoning  

Computer  AdapPve  TesPng  (CAT)  

Analy(cal  Wri(ng  

IR  

Automated  Scoring  

Palm  Vein  &

 One-­‐to-­‐M

any  Matching  

Test  Improvements   Technology  Enhancements  Global  Plarorm

   

Capability and technology evolution

Page 20: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Global market intelligence through other services

Helps  schools  find  candidates  that  meet  

their  admissions  criteria  

Helps  schools  and  candidates  assess    

so8-­‐skills  

Helps  schools  understand  market  trends,  candidate  

pipeline  and  compe;;ve  landscape  

Page 21: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Economic factors indicate need

16,7  15,9  

13,4  

5,0  

1,7  1   2  

10  

17  21  20  

25  

44  

26  

33  

79  73  

46  

57  

44  

USA   Europe   China   India   Africa  12  

1,6  

0,1  

7,7  

5,1  4,7  

GDP  (PPP  $  Tr)  

GROWTH  (%)  

STRUCTURE  (Mix,  Ag/Mfg/Svcs)  

Page 22: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Demographic factors indicate need

318  

511  

1356  1236  

528  

44   57  

199   224  104  

37,6  

NA  

36,7  

26,9  

18,7  

82%  

NA  

51%  

31%  38%  

POP  (Mn,  Total,  15-­‐24)  

AVG  AGE  (Years)  

URBAN  POP  (%)  

Page 23: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

A consistent assessment to identify talent in growing pool

Growth  of  20-­‐29  year  old  popula%on  –  2012-­‐2022  (million)  

-­‐60  

-­‐40  

-­‐20  

0  

20  

40  

Page 24: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Globally  integrated  

Student  pipeline  

Globally  recognized  

GMAC  quality  –  Emerging  markets  relevance  African  admissions  community  

     

Global  and  domesPc  recogni(on  African  standards  

   

Greater  access  for  all  students  Intra  regional  mobility  

Regional  talent  growth  &  reten(on      

Benefits to African schools

Market  Intelligence  

 

IdenPfy  candidate  trends  Consistent  standards  for  schools  

Peer  benchmarking  

Page 25: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Issues to keep in mind

•  Roll  out  and  acceptance  

•  Broad  parPcipaPon  needed  

•  Regulatory  acceptance  

•  TransiPon  issues  

Page 26: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Update on Pan-African Assessment

Update  on  the  development  of  an  assessment  for  a  global  and  domes%c  African  pipeline  

3  

Page 27: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Last November: test design, quality, performance…

Validity  and  reliability  

Test  length  and  reliability  

Test  use,  design  and  efficiency  

Item  analyses   Differen(al  item  func(oning  

Monitoring  item  performance  

Page 28: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

… and test development process, delivery and security

Page 29: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Formalized our partnerships

GMAC  has  become  an  affiliate  member  of  both  AABS  and  SABSA    

These  organiza%ons  represent  quality  conscious  African  schools,  and  GMAC  is  closely  aligned  with  them  and  collabora;ng  with  

them  to  create  a  representa%ve  Pan-­‐African  assessment    

Page 30: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Acquisition of NMAT in March

Page 31: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

 

64    %    

36    %    

Female    Male  

Nearly  50,000  unique  candidates  have  taken  more  than  62,000  NMAT  tests  in  2014.  

West,  29%  

North,  39%  

East,  11%  

South,  15%  

Central,  6%  

31  

Diverse candidate pool

Page 32: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Making NMAT global Expand  within  Indian  Market  Build  Pan-­‐African  Assessment  Expand  to  SE  Asia  &  more  

Page 33: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Expand  within  Indian  Market  Build  Pan-­‐African  Assessment  Expand  to  SE  Asia  &  more  

Gurgaon  

Making NMAT global

Page 34: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Making NMAT global Expand  within  Indian  Market  Build  Pan-­‐African  Assessment  Expand  to  SE  Asia  &  more  

Site  for  GMAC  Africa  HQ  to  be  determined  

Page 35: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Making the NMAT global Expand  within  Indian  Market  Build  Pan-­‐African  Assessment  Expand  to  SE  Asia  &  more  

•  Expand  on  exis(ng  GMAC  physical  presence  in  Singapore  

•  Explore  other  SE  Asia  geographies  

Page 36: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Phase  I  –            Skills  Inventory  

Phase  II  –  Pilot  with  Students  

Market  Knowledge  /  Overview  

March  –  July  ‘15   July  –  Dec  ‘15  

April  –  Sep  ‘15  

Multi-phase plan

Page 37: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Phase I: Skills inventory

Faculty  nominaPon  by  Deans   Skills  review  

Faculty  survey  to  idenPfy  key  skills   Analysis  

Thank  you  for  your  par(cipa(on!  

30  schools  225  faculty  

Please  encourage  your  faculty  to  fully  par(cipate  

in  this  exercise!  

Page 38: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Phase 2: Pilot with students

IdenPfy  school  sites  for  pilot  

Recruit  students  

Design  assessment  

Pilot  assessment  

Hold  student  focus  groups  

Ideal  on-­‐site  considera(ons:          

Page 39: Sangeet Chowfla

©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Working together to launch

•  Broad  adop(on  of  the  test  by  African  schools  

 •  Con(nued  collabora(on  to  refine  

•  Process  /  Administra%on  •  Regional  outreach  •  Assessment  research  &  analysis  •  Deriva%ve  materials  &  services  

Depending  on  the  community  of  African  business  schools    to  help  us  bring  this  important  ini%a%ve  forward  

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©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

Questions

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©  2015  Graduate  Management  Admission  Council®  (GMAC®)  All  rights  reserved.    

THANK  YOU