The Graduate Management Admission Council updated its global admissions reporting standards to tighten score reporting, clarify test waivers and improve GPA disclosures for MBA and business‑master’s programs worldwide. GMAC said the changes respond to multiple GMAT editions in circulation, growing use of test waivers, and international mobility trends; Joy Jones, GMAC’s CEO, framed the move as raising transparency for applicants. Separately, the Financial Times’ 2026 global MBA ranking named MIT Sloan No. 1 for the first time, while several prominent programs were omitted due to low alumni‑survey response rates. The pair of developments intensifies scrutiny on how programs report class profiles and how rankings account for response bias—issues that admissions directors and deans must address in recruitment and credential reporting.