You’ve done your research and discovered the graduate program of your dreams – one that has a world-class faculty, sounds like a good match for your personal, academic and career interests, and is in an ideal location to top it all off. So how do you differentiate your application from others? One pretty good way of doing so is by doing well in your admissions test, especially if you’re worried about your undergraduate GPA! In this section, we will cover the major admissions tests required for entry to MBA and graduate programs globally.
There are TWO main tests that MBA programs and graduate schools use to evaluate applicants:
Graduate Management Admission Test (GMAT)
The GMAT is a computer-adaptive test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA program.
Graduate Record Examinations (GRE)
The GRE is a standardized test that is an admissions requirement for many graduate schools in the United States and Canada.
So which test(s) should I take? To help you make the most informed decision, we have drawn up a table comparing the tests. If you wish to know about specific test formats and content, please click on the desired test pages to learn more.
Programs accepting test
Most graduate business and management schools worldwide accept the GMAT, including top B-schools like:
Stanford Graduate School of Business
Harvard Business School
Columbia Business School
IE Business School
Most Masters and Doctoral degree programs in leading universities globally accept the GRE. Some graduate business and management schools also accept the GRE in place of GMAT.
Can be taken once every 16 days, maximum 5 times in a rolling calender take the GMAT exam once every 16 calendar year (365 days) and 8 times in a lifetime.
Can be taken once every 21 days, maximum 5 times in a rolling calender year (365 days).
Throughout the year
Throughout the year
Computerized Adaptive Testing (CAT)
Computer-based test with Computerized Adaptive Testing (CAT) elements
Results Release Date
Within 20 days (email)
Approximately 10-15 days (online)
Set on a PhD or Masters? Or still deciding between graduate school and business school?
If you are considering other postgraduate degrees in addition to an MBA, then the GRE may be the test for you. It is increasingly valid for many MBA programmes, in addition to a wealth of other postgraduate taught and research courses.
Focused on an MBA or MSc Finance?
GMAT is accepted for the greatest number of MBA and graduate business programmes and even post-graduation, GMAT results may be required for careers such as investment banking or management strategy consulting.
GRE is Fast Becoming a GMAT Alternative for Business School Applicants
In a previous ICON+ article comparing the Graduate Record Examinations (GRE) and Graduate Management Admission Test (GMAT), we mentioned that the GMAT is exclusive to Masters of Business Administration (MBA) courses whereas the GRE is the standard admissions test for other graduate programs.
“Care to tell me your GMAT Quant score?”
Previously we have explored the details of your GMAT score, but in this piece, I want to dispel a myth about GMAT. Reading up on GMAT online then you will eventually come across forum members, bloggers and, shockingly, occasional journalists who claim something like “once you get your MBA, no one cares what you scored in GMAT.”
Worried About How COVID-19 Would Affect Your Plans
COVID-19 is changing life as we know it. No longer do we go to sporting events with our families to cheer on favourite teams, hang out in bars hoping to meet the One or even shake hands with business connections.