GMAC reports that of 217,698 test takers in the 06-07 year, less than 4% were taken by 40- to 49-year olds. This proportion is significantly lower than that in previous years.
Is there an optimum age to take the GMAT, and is there an age beyond which the law of diminishing returns kicks in? It is difficult to speculate what the main reasons for this low proportion are.
One of the reasons could be that a large percentage of people taking the GMAT are from outside the US. Middle-aged students in business school is a frowned-upon concept in many countries which draw a significant portion of GMAT test takers.
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