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Headlines Testing for Reasoning Skills The Graduate Management Admission Test (GMAT) has added a new section designed to measure a test taker's ability to evaluate information from multiple sources. In the new inte- grated reasoning section, examinees will be asked to use multiple sources, such as charts and spreadsheets, to analyze information, draw conclu- sions, and discern relationships between data points. 'Come for an MBA; Leave with a Business' Entrepreneurs who want to start their own businesses can simultaneously pursue an MBA degree in the new full-time MBA Entrepreneur Fellow program at the College of Business Administration at the University of Tennessee, Knoxville. Fellows in the program learn entrepreneurial skills and also receive funding to pay for their educations, which allows them time to develop their businesses. The three fellows in this inaugural year will graduate with the MBA class of 2011. Each participant receives a $30,000 scholarship—$10,000 for each of the program's three semesters. Each must make satis- factory progress toward launch- ing or growing a business idea to continue to receive funding. The inaugural year of the program has been funded by entrepreneurs Bob and Phylis Baron and Wayne Basler. Bob Baron is CEO of 12 BizEd NOVEMBER/DECEMBER 2010 Baron Services Inc., and Basler is president of AFG Industries. "The goal of the Entrepreneur Fellow program is to recruit MBA students who have an entrepre- neurial drive and will work on early-stage, technology-enabled businesses while completing their degrees," says Tom Graves, director of operations for UT's Anderson Center for Entrepreneurship & Innovation. "Through coursework, applied-learning experiences, fac- ulty collaboration, and mentorship, aspiring student entrepreneurs develop the skills and connections they need to successfully launch their new ventures." Adds Amy Cathey, executive director of UT's full-time MBA program. "Starting businesses in this region is good for our commu- nity, university, college, program, and students. We hope to grow the number of MBA fellow scholarships available so that even more students can take advantage of these oppor- tunities in the future." The overall length of the GMAT exam—three and a half hours—will not change when the new section is introduced next June. The integrated reasoning section will be 30 minutes long and replace one of two essays that are part of the GMAT's ana- lytical writing section. Because the verbal and quantitative sections will not change, tests still will be scored on the same 200-to-800-point scale. Test takers will receive separate scores for the essay and the new section. The changes to the GMAT exam are being made in response to multiple surveys of business school faculty conducted during the past four years by the Graduate Manage- ment Admission Council, which owns the exam. HILL STREET STUDIOS/PHOTOLIBRARY