College of Business granted membership in international Graduate Management Admission Council | UToledo News

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College of Business granted membership in international Graduate Management Admission Council

The University of Toledo College of Business Administration is one of only 12 new members from eight countries recently admitted to the Graduate Management Admission Council (GMAC).

This is the first time new members have been inducted into the GMAC in more than a decade.

Although there are more than 10,000 business schools worldwide, there are only 177 schools in 19 countries that are members of GMAC.

Founded by a group of business school deans in 1954, GMAC is a nonprofit education organization composed of leading graduate business schools around the world dedicated to creating access to and advancing graduate management education. GMAC also owns and administers the Graduate Management Admission Test, the only standardized test designed expressly for graduate business and management programs, which is used as part of the admission process in almost 2,000 business schools.

“We are pleased to welcome these new member schools to our ranks,” said David A. Wilson, GMAC president and CEO. “They are at the forefront of graduate management education around the world, upholding the high standards of excellence and integrity that are a hallmark of membership in the council.”

In addition to the UT College of Business Administration, other new member schools are located in China, the United Kingdom, France, Spain, Mexico, Canada and Russia.

“We are proud of our membership in the distinguished GMAC,” said Dr. Thomas Gutteridge, dean of the College of Business Administration. “UT’s College of Business Administration offers the region’s preferred and largest MBA/EMBA program. We have more students, more specializations and more flexibility than any other MBA program in this region.”

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