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GMAC and Futurestep Alliance To Provide MBAfuturestep.


Business Editors

MCLEAN, Va.--(BUSINESS WIRE)--Jan. 4, 2001

The Graduate Management Admission Council(R) (GMAC GMAC General Motors Acceptance Corporation
GMAC Graduate Management Admission Council
GMAC Give Me A Call
GMAC Genetic Manipulation Advisory Committee
GMAC Genetic Modification Advisory Committee (Singapore)
GMAC Give Me A Chance
) and Futurestep.com, a subsidiary of Korn/Ferry International (NYSE NYSE

See: New York Stock Exchange
: KFY KFY Kiss For You ), the leading executive recruitment firm, have partnered to create MBAfuturestep, a comprehensive career management and executive recruitment service designed exclusively for prospective and current MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 students, and MBA alumni. MBAfuturestep leverages the power of the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 to support professional growth and development through graduate business education.

As sponsors of the Graduate Management Admission Test(R) (GMAT GMAT
abbr.
1. Graduate Management Admission Test

2. Greenwich Mean Astronomical Time

GMAT n abbr (US) (= Graduate Management Admissions Test) →
(R)), GMAC now provides an easy way for test registrants to join MBAfuturestep, helping them create a unique and customized career resource that will maximize their potential for employment. By joining MBAfuturestep, GMAT registrants, along with current MBA students and alumni, are given the opportunity - at no cost to them - to be considered for exclusive positions with Futurestep clients for the duration of their professional career.

"MBAfuturestep provides the clearest answer to the question, 'where do I find the best career opportunities for advancement and growth?'" says David Wilson David Wilson may refer to:
  • David Wilson, Baron Wilson of Tillyorn (born 1935), British administrator, diplomat and Sinologist
  • David Wilson (sportsman) (born 1967), Australian rugby union footballer and cricketer
  • David Wilson (swimmer), Australian swimmer
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Graduate Management Admission Council.

MBAfuturestep candidate resumes' are reviewed by Futurestep recruiters for potential placement with thousands of clients ranging from international blue-chip corporations to smaller niche firms. Recruiters contact candidates for interviews only after they have clearly matched an individual's skills and style with a client's needs.

"The creation of MBAfuturestep allows us to better serve our clients' needs in this rapidly growing segment," said Peter L. Dunn, Vice Chairman of Korn/Ferry International and acting CEO of Futurestep. "Along with GMAC, we are pleased to offer MBA students and graduates an online exclusive resource that is easy-to-use, free of charge, customized, unique and comprehensive."

How it Works

MBAfuturestep utilizes the expertise of executive recruiters complemented by comprehensive assessment tools. The questionnaires completed at registration help recruiters to learn about candidate skills, preferred job characteristics, and desired corporate culture. Once recruiters understand a client's culture and required needs for particular positions, MBAfuturestep candidate resumes are carefully reviewed to find an ideal match of qualifications and preferences. Following this screening process, prospective candidates are sent a video box for a videoconference vid·e·o·con·fer·ence  
n.
A teleconference using video technology, such as closed-circuit television.



vid
 interview. If candidates do not match current searches, they remain in the database to be considered for subsequent searches.

The registration process also allows candidates to complete several self-assessment tests, which generate actual salary market value reports. In addition, candidates receive a profile of the industry and positions for which they are most suited, the company culture with which they are most compatible, and the areas of expertise on which they can build. These tools can be used to provide insights into new career directions, as well as help candidates identify professional strengths and weaknesses. To register for MBAfuturestep, visit www.gmac.com.

About GMAC

The Graduate Management Admission Council(R) is a not-for-profit education organization of leading graduate business schools worldwide, dedicated to creating access to and disseminating dis·sem·i·nate  
v. dis·sem·i·nat·ed, dis·sem·i·nat·ing, dis·sem·i·nates

v.tr.
1. To scatter widely, as in sowing seed.

2.
 information about graduate management education. GMAC exists to serve its many customers--both institutions and end users of our products and services.

GMAC provides products and services that add value to graduate business schools and their students including Graduate Management Admission Test(R) (GMAT(R)); MBA Forums(R); MBA LOANS(SM) ; POWERPREP(R)/The Official Guide for GMAT Review; Pre-MBA CD-ROM CD-ROM: see compact disc.
CD-ROM
 in full compact disc read-only memory

Type of computer storage medium that is read optically (e.g., by a laser).
 Series; professional development for business school administrators; and test-taker and trend data. For more information, visit www.gmac.com.

About Futurestep

Headquartered in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Futurestep.com was created through a strategic alliance between Korn/Ferry International and The Wall Street Journal. Futurestep combines the speed and reach of the Internet with Korn/Ferry's executive search expertise to fill positions at the $75,000 to $150,000 compensation levels. Currently there are more than 700,000 candidates registered on the Futurestep.com database. For further information, visit www.futurestep.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 4, 2001
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