The Economist and test prep firm GMAT Tutor have once again partnered to offer a $25,000 scholarship to the prospective MBA or EMBA student who scores highest on a simulated GMAT exam. Called the Brightest Minds MBA Scholarship Contest, the competition is open to prospective MBA or EMBA students anywhere in the world. The first competition ran in 2014, drawing more than 4,500 entrants, The Economist reported.
To take part in the contest, applicants simply complete The Economist GMAT Tutor simulation test, which uses adaptive technology similar to the real GMAT so that the difficulty level adjusts according to the test-taker’s ability. The simulation test requires the completion of a 75-minute Verbal section and a 75-minute Quant section. Participants should have the available time to complete the test in a single sitting and will not be able to pause once they begin.
The student with the highest score will win a $25,000 scholarship toward tuition at any of the business schools sponsoring the contest, which include UVA’s Darden School of Business, American University’s Kogod School of Business, A. Gary Anderson Graduate School of Management, University of Edinburgh Business School, Rotterdam School of Management, International University of Monaco, HEC Paris, Bentley University Graduate School of Business, George Washington University School of Business, UCD Michael Smurfit Graduate School of Business, Weatherhead School of Management, Schulich School of Business, Daniels College of Business at the University of Denver, Macquarie Graduate School of Management. UC San Diego’s Rady School of Management, Sheffield University Management School and Hult International Business School.
The contest, which officially opened in February, will run through April 25th, 2015, at 11:59 p.m. ET. Five randomly selected runners-up will receive a free iPad mini.