GMAC | Jotup

AI, Inclusion, and Sustainability: Must-Haves for Business School Aspirants

Retrieved on:

Tuesday, March 26, 2024

Sanitation, Growth, Hunger, Education, School, GMAC, Research, Female, Rest, Student, Woman, Curriculum, Innovation system, Nursing

What’s also driving the interest in advanced business education of would-be students is the transformative technology of generative artificial intelligence (AI).

Key Points:

What’s also driving the interest in advanced business education of would-be students is the transformative technology of generative artificial intelligence (AI).
Candidate demand for it grew 38 percent year-over-year, with two-fifths now saying it is essential to their curricula.
Interest was the highest among those from the Middle East and Latin America as well as among millennials and men.
Global interest in STEM-certified business programs also grew 38 percent in five years—and to new heights in Asia, driven by demand in India and Greater China.

GMAT™ Focus Edition Stands Alone in Business School Assessment as Previous Version Sunsets

Retrieved on:

Thursday, February 1, 2024

Research, School, MBA, GMAT, Graduate Management Admission Council, Sun Long, University, GMAC, Business

GMAC, a global association representing leading business schools, delivered the updated version of the most widely used business school exam last fall in parallel with the existing GMAT to facilitate candidates’ in-progress preparation and applications for business school.

Key Points:

GMAC, a global association representing leading business schools, delivered the updated version of the most widely used business school exam last fall in parallel with the existing GMAT to facilitate candidates’ in-progress preparation and applications for business school.
While the previous version of the GMAT exam is no longer available, its scores continue to be valid for five years.
It just means smarter,” said Rodrigo Malta, managing director of MBA recruitment and admissions at University of Texas’ McCombs School of Business.
“It has helped bring us closer to meeting the needs of MBA program candidates while improving upon business schools’ talent selection in the ever-changing business environment.”

FHLBank Pittsburgh Announces 2024 Board Leadership

Retrieved on:

Friday, January 5, 2024

Banking, Professional Services, Insurance, Finance, Capital market, Freddie Mac, Harleysville, Pennsylvania, Incapital, Mizuho Bank, GMAC, Risk management, Mizuho Securities, Corporate finance, Management

FHLBank Pittsburgh welcomes Brendan J. McGill as incoming FHLBank Pittsburgh Board Chair and is pleased to announce Louise Herrle was reelected as Board Vice Chair for another two-year term.

Key Points:

FHLBank Pittsburgh welcomes Brendan J. McGill as incoming FHLBank Pittsburgh Board Chair and is pleased to announce Louise Herrle was reelected as Board Vice Chair for another two-year term.
Mr. McGill joined the Board of Directors in 2017 and Ms. Herrle joined in 2018.
Mr. McGill is actively involved in the community; he is currently on the board and a member of Pennsylvania Bankers Association’s Services Corporation.
Visit our Leadership page and click Board of Directors to learn more: https://www.fhlb-pgh.com/leadership .

Cenlar Promotes Four Leaders to Vice President and One to Director

Retrieved on:

Wednesday, December 27, 2023

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today the promotion of four leaders to Vice President and one to Director – all of whom enable us to offer the most innovative, high quality and flexible servicing solutions to the market.

Key Points:

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today the promotion of four leaders to Vice President and one to Director – all of whom enable us to offer the most innovative, high quality and flexible servicing solutions to the market.
Our promoted Vice Presidents include:
Shanth Ananthuni to, Vice President of Digital Transformation.
Before Cenlar, Shanth served as a Digital Program Manager and Strategist for Bank of America/Merrill Lynch.
Before Cenlar, David worked at CitiMortgage where he held several senior leadership roles in default servicing and project management.

Amidst Polarizing Global Trends, U.S. B Schools Experience Domestic Demand Rebound

Retrieved on:

Friday, October 27, 2023

Female, Life, Workplace, MBA, Graduate Management Admission Council, GMAC, Growth, Supreme, GME, Silver, School, EGADE Business School, Woman, Nursing, Management, Renewable energy

GMAC, a global association representing leading business schools, published findings from the 2023 survey results to provide data and insights to better understand current trends in applications to graduate management education (GME) programs.

Key Points:

GMAC, a global association representing leading business schools, published findings from the 2023 survey results to provide data and insights to better understand current trends in applications to graduate management education (GME) programs.
Specifically, the decline in applications have centered around those to more selective programs, driving a dip in total global applications while their somewhat selective counterparts reported growth in their applications.
Many candidates are still interested in more traditional, competitive full-time programs, but online, hybrid, or evening options were much more likely to report application growth.
After several challenging years with the domestic pipeline—especially after applications leveled off following the pandemic—more U.S. programs reported growth in domestic applications than declines in 2023.

GMAT™ Focus Edition Sets to Deliver Test Next Month; Replaces the Current Version in February

Retrieved on:

Tuesday, October 17, 2023

Other Education, Professional Services, Other Professional Services, University, Education, School, Singapore Management University, GMAT, GMAC, Problem solving, Graduate Management Admission Council, Nursing

The updated GMAT Focus Edition will replace the current version of the GMAT™ Exam on February 1, 2024 and become the only version of the GMAT available for candidates aspiring for their dream business education.

Key Points:

The updated GMAT Focus Edition will replace the current version of the GMAT™ Exam on February 1, 2024 and become the only version of the GMAT available for candidates aspiring for their dream business education.
Backed by 7 decades of leadership in graduate business school education and admissions, the GMAT is accepted by more than 7,700 programs and 2,400 business schools worldwide.
The test was redesigned with a more efficient test taking experience and flexible features to better support and encourage more candidates on their business school journey.
“I am excited to see schools like mine to benefit from the GMAT Focus Edition by attracting a diverse, global applicant pool.”

Cenlar Appoints Tom Byrne Vice President of Quality Control

Retrieved on:

Tuesday, October 10, 2023

Consulting, Banking, Professional Services, Finance, Quality control, GMAC ResCap, GMAC, Quality, Policy, Homebridge Financial Services, Quality assurance, FSB, Ally, Risk management, Management, Audit

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Tom Byrne has joined the company as Vice President of Quality Control.

Key Points:

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Tom Byrne has joined the company as Vice President of Quality Control.
In this newly created position, Tom will be responsible for effectively leading both the internal quality control team and outsourced vendors, establishing actionable business and team objectives that will drive execution of the quality control program.
“A strong collaborative leader, with an extensive background in risk management and quality assurance, Tom is a valuable addition to the team,” said Senior Vice President, Chief Control and Quality Officer Lynn Tarantino.
Before joining Cenlar, Tom was Vice President & Managing Director of Quality Assurance at Homebridge Financial Services.

Ally Financial CEO Jeffrey J. Brown Announces Plans to Step Down

Retrieved on:

Wednesday, October 11, 2023

Culture, NYSE, Ally Financial, GMAC, Management, Ally

CHARLOTTE, N.C., Oct. 11, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that Jeffrey J. Brown will be stepping down early next year after serving as Chief Executive Officer and a member of Ally's Board of Directors since 2015. The Board has engaged a leading global executive search firm, and the search for a successor is underway.

Key Points:

CHARLOTTE, N.C., Oct. 11, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that Jeffrey J.
"I sincerely appreciate the fierce commitment of my more than 11,000 Ally teammates and the culture we have been building together.
Ally is positioned for a bright future thanks to our amazing team and the customers we are proud to support," continued Brown.
Brown will address his transition during Ally's previously announced release of its third-quarter financial results, which is scheduled for Wednesday, October 18, 2023.

GMAC Expands Global Representation in Board and School Membership

Retrieved on:

Tuesday, September 5, 2023

RESTON, Va., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Graduate Management Admission Council ( GMAC ), a global association of leading graduate business schools, today announced changes to its board of directors.

Key Points:

RESTON, Va., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Graduate Management Admission Council ( GMAC ), a global association of leading graduate business schools, today announced changes to its board of directors.
Themin Suwardy, a GMAC board member since 2019 and associate provost of postgraduate professional education at Singapore Management University, has been elected to chair the GMAC board.
In addition, GMAC welcomed Asia School of Business ( ASB ) as its 227th member school.
“I am thrilled to have these talented individuals and the esteemed ASB organization deepening their engagement with the Council, enhancing our board diversity and membership roster.

National Grid Submits "Future Grid" Plan to Empower Massachusetts' Smarter, Stronger, Cleaner and More Equitable Energy Future

Retrieved on:

Saturday, September 2, 2023

WALTHAM, Mass., Sept. 1, 2023 /PRNewswire/ -- National Grid submitted its Electric Sector Modernization Plan (ESMP), the Future Grid Plan, to the Grid Modernization Advisory Council (GMAC) today outlining the critical investments needed in the local electric distribution system over the next five years and beyond to meet the Commonwealth's nation-leading climate change, clean energy, and equity goals as established in the 2050 Clean Energy and Climate Plan (CECP). As part of National Grid's commitment to delivering a fair, affordable, and clean energy future for all its customers, the Plan outlines a comprehensive and flexible path designed to expand and upgrade the current electric distribution grid, ensure reliability, enable increased electrification, and empower smart customer choices and the transition away from a fossil-based economy.

Key Points:

Today we've submitted a plan that strives to do just that," said Steve Woerner, President, National Grid, New England.
We must harness our state's innovative and collaborative spirit to achieve an energy future that works for all."
"By developing and submitting this Future Grid Plan as our Electric Sector Modernization Plan, National Grid is taking a critical step towards meeting the energy and climate challenges of today and the future," said Nicola Medalova, National Grid New England's Chief Operating Officer.
National Grid will take all feedback and use it to evolve and better inform the formal filing of the Future Grid Plan the company will make to the DPU in January 2024.