6 September 2024
5 minutes read
Is GRE Accepted for MBA Admissions?
Key Takeaways
- GRE is now widely accepted by top business schools globally for MBA admissions.
- Choosing between GMAT and GRE depends on your strengths and the requirements of your target MBA program.
- The GRE offers more flexibility for students exploring both business and non-business graduate programs.
Did you know that nearly half of business schools now accept the GRE for MBA admission? With the traditional GMAT losing its stronghold, many applicants face the dilemma of choosing between the two exams.
For MBA hopefuls, deciding which test to take can feel overwhelming. Whether it’s understanding how your GRE score stacks up against the GMAT or figuring out what business schools prefer, this blog will help guide you through the decision-making process.
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GMAT vs GRE – Key Differences
Here’s a table comparing the key differences between the GMAT and GRE to help you choose the most suitable test for your MBA application:
Aspect | GMAT | GRE |
---|---|---|
Purpose | Specifically designed for business school admissions. | Accepted for various graduate programs, including MBA. |
Quantitative Focus | Stronger emphasis on complex quantitative questions. | More straightforward math, focuses on basic concepts. |
Verbal Focus | Tests grammar and reasoning in sentence correction. | More vocabulary-based with reading comprehension. |
Scoring Range | 200-800 (total score); 6.0 (AWA) | 260-340 (total score); 6.0 (AWA) |
Test Structure | 4 sections (Quant, Verbal, Integrated Reasoning, AWA) | 3 sections (Quant, Verbal, AWA) |
Popularity with MBA Programs | Preferred by many top MBA programs globally. | Increasingly accepted by top business schools. |
Test Duration | 3 hours 30 minutes | 3 hours 45 minutes |
Flexibility | Limited to business-related programs. | Can be used for non-business and MBA programs. |
Score Validity | Valid for 5 years | Valid for 5 years |
Test Fees | Around $275 | Around $220 |
This comparison provides clear distinctions between the GMAT and GRE, helping you choose the one based on your strengths and program goals.
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GMAT or GRE for MBA – What should you choose?
Choosing between the GMAT and GRE is a key decision for business school applicants. With top business schools accepting both exams, knowing which one suits your strengths and MBA application goals is essential.
Test Preference of Business Schools
Before deciding between the GMAT and GRE for your MBA application, it’s crucial to check the preferences of your target schools. While most top business schools now accept both exams, some MBA programs may still lean towards the GMAT. Be sure to research which exam aligns better with your chosen business schools.
Personal Strengths in Test Prep
Consider your strengths. The GMAT is known for its quantitative focus, while the GRE exam emphasizes verbal reasoning. Business school applicants should choose the test that aligns best with their abilities, ensuring better results in their test prep journey.
Flexibility and Score Use
If you’re applying to a variety of graduate programs beyond business schools, the GRE offers more flexibility. Many MBA programs that accept GRE scores may cater to candidates with diverse academic backgrounds. However, if your focus is solely on top business schools, the GMAT may still hold an edge in some cases.
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Why should you preferably take GRE for MBA Admissions?
Taking the GRE for MBA admissions can offer more flexibility than the GMAT. Many MBA programs worldwide now accept the GRE general test, making it a good option for students targeting a wider range of schools, including both business and non-business programs. If your dream school is among the top MBA programs, the GRE has become just as accepted as the GMAT. Plus, if you’re stronger in verbal reasoning, you may find the GRE test score more favourable.
For those unsure about committing to business alone, the GRE also allows you to keep options open for other graduate programs. Comparing the GRE to the GMAT, the former often suits applicants with a broader academic background. So if your target MBA program accepts the GRE, it’s worth considering taking the GRE to widen your opportunities.
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Top Business Schools Accepting GRE
Here’s a table of top business schools accepting the GRE across different countries, including section-wise minimum GRE score requirements:
Business School | Country | Minimum GRE Score (Verbal / Quant / AWA) |
---|---|---|
Harvard Business School | USA | 160 / 160 / 4.5 |
Stanford Graduate School of Business | USA | 162 / 164 / 4.5 |
London Business School | UK | 160 / 160 / 4.0 |
University of Oxford – Said Business School | UK | 160 / 160 / 4.5 |
INSEAD Business School | France | 160 / 160 / 4.0 |
HEC Paris | France | 158 / 160 / 4.0 |
Rotman School of Management | Canada | 160 / 160 / 4.0 |
Ivey Business School | Canada | 158 / 158 / 4.0 |
Melbourne Business School | Australia | 158 / 160 / 4.0 |
University of Sydney Business School | Australia | 158 / 158 / 4.0 |
Mannheim Business School | Germany | 155 / 160 / 4.0 |
Frankfurt School of Finance & Management | Germany | 157 / 158 / 4.0 |
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What is a Good GRE score for MBA programs?
A good GRE score for MBA programs varies depending on the school. However, highly competitive programs generally look for an average GRE score of 320 or higher. Business schools consider a score in the 160+ range for both the verbal and quantitative sections as competitive. The average GRE scores for MBA programs at top schools tend to be around 160 in verbal and 160 in quantitative.
Programs accepted by business schools may have different requirements, but a balanced score is always a positive indicator. For most applicants, aiming for a score close to or above the average GRE score will enhance their chances at top MBA programs.
What do Business Schools prefer? GMAT or GRE
When it comes to MBA admissions, the debate of GMAT vs GRE remains prevalent. Many of the world’s leading business schools and international business schools now accept both the GMAT and the GRE. Traditionally, the GMAT score was preferred for MBA programs, but admissions committees have increasingly welcomed the GRE as a valid alternative.
What Admissions Committees Consider?
While both the GMAT and the GRE are accepted as admissions tests, some business schools may still show a slight preference for the GMAT score. This is because the GMAT has been historically linked to business and management education. However, for many international business schools, choosing the GMAT or GRE depends more on the applicant’s strengths and program alignment rather than a strict preference for one test over the other.
When choosing the GMAT or GRE, it is essential to consider your target schools and their specific requirements. Some schools may lean towards the GMAT, while others accept both without bias. Ultimately, it’s about presenting the admissions committees with a test score that reflects your capabilities and aligns with the expectations of the business programs you’re applying to.
Conclusion
The GRE offers a flexible path to MBA admissions, making it a strong option for many aspiring business students. Accepted by top programs globally, it provides an alternative to the GMAT, allowing candidates to showcase their strengths and increase their chances of securing a spot in their dream MBA program.
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FAQs
Can I submit GRE scores instead of GMAT for MBA applications?
Yes, most business schools allow applicants to submit GRE scores instead of GMAT. It’s best to check with individual programs for their specific admissions requirements.
What is the average GRE score for top MBA programs?
For top MBA programs like Harvard, Stanford, and Wharton, the average GRE score typically falls between 320-330, with a balanced verbal and quantitative section.
How do GRE scores compare to GMAT scores for MBA admissions?
MBA programs often use a conversion tool to compare GRE scores to GMAT scores. Generally, a GRE score of 320 is comparable to a GMAT score of around 650.
Is work experience required if I apply to MBA with a GRE score?
Yes, many MBA programs require work experience regardless of whether you apply with GRE or GMAT scores. Typically, 2-5 years of work experience is standard for top programs.
Does submitting a GRE score negatively impact MBA admissions chances?
Not at all. As long as your GRE score is competitive for the program, it won’t hurt your chances. Many top schools have fully integrated GRE into their admissions process.
Can I retake the GRE for MBA admissions if I’m not happy with my score?
Yes, you can retake the GRE every 21 days, up to five times within a rolling 12-month period. Schools usually consider the highest score in your application.
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