SP Jain wins GMAC's TeamMBA Award

The TeamMBA Award program includes two annual award categories: All School Award and the All Service Award. The Graduate Management Admission Council (GMAC) announces the winners in June during a ceremony at its Annual Conference, the largest gathering of graduate business school professionals in the world. GMAC, owner of the Graduate Management Admission Test (GMAT), launched TeamMBA Award program in 2005.

More than 21,000 votes were cast online in May to decide this year's winners. A total of 78 service programs from schools around the world were considered for the TeamMBA award, where a committee of B-school professionals reviewed all entries. These programs involved nearly 1,500 students who volunteered almost 50,000 hours and raised $ US 2.6 million.

This year, SP Jain Institute of Management and Research (India) is the winner of the All School Award, which recognizes a school for its commitment to promoting and supporting social engagement by its students through school-led programs, services, institutional culture and community outreach. Through more than a dozen individual, team and school-wide projects, students at SP Jain worked to improve the lives of women, milk and agricultural growers, disaster victims and rural villagers.

The College of William and Mary Mason School of Business (United States) won the All Service Award, which recognizes outstanding projects in categories such as community service, sustainability/greening and consulting, for engaging in a variety of projects, including a mustache auction to raise money to start a micro lending account, two blood drives that collected 100 pints of blood, and raising tens of thousands of dollars for local and global charities.

 "In honoring these two great institutions, we also recognize the tremendous spirit and passion that business school students around the world have for giving back to their community and to their commitment to improving the lives of others," said Dave Wilson, president and CEO of GMAC. "These are challenging times for many people all over the world and to see the effort that these students are putting in to making a difference is truly remarkable. Today's MBAs and other graduate business students fiercely embrace their obligation to give back and make the world a better place."

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