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Graduate Management Admissions Council (GMAC), which owns the Graduate Management Admissions Test (GMAT), is currently developing the 10th generation GMAT which is expected to roll out by 2013. In order to make the exam more apt for the B-School admissions GMAC has requested business faculty from around the world to share their opinions on
what set of skills should be tested in the 10th generation GMAT exam. It is said that GMAC has requested roughly 750 business faculty at programs from around the world to give their opinions and suggestions so as to make the major redesign of the GMAT exam more successful.

Deans of the B-Schools worldwide are requested to nominate faculty members who teach core classes in a range of graduate business programs to participate in its skills survey. Participants were asked to review and rate specific academic skills that future business leaders will need to succeed. The survey is done by involving a full spectrum of B-School faculty 89 percent of which are doctorates, 40 percent were full professors, 36 percent were associate professors, 17 percent were assistant professors, and 10 percent were deans, according to GMAC.

“I have been impressed by the efforts of GMAC to listen to the opinions of business school faculty members when it comes to what skills are most important and useful to test on the GMAT,” Peter Klibanoff, associate professor of managerial economics and decision sciences at the Northwestern’s Kellogg School of Management, said in a statement.