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Back in 2005, students rejoiced when business schools began accepting GRE scores from MBA applicants. Accepting GRE scores allows B-schools to widen their applicant pool and allow more flexibility to students.
While this decision has a positive impact on future students because of the freedom it allows, many students wonder which test they should take and whether that decision will impact their score and chances of acceptance.
So if you’re a prospective business school applicant wondering which entrance exam you should take, we’ve put together a few key pointers you ought to know before you decide!
Know your schools
There are currently over 1,200 business schools that accept GRE scores when applying to MBA programs. However, it is important to note that many schools still only accept GMAT scores.
So instead of debating which business school admissions test you should take, start by deciding which school(s) you’d like to go to and whether it accepts both. If your dream school only accepts the GMAT, then your decision may already be made for you!
Here is a full list of MBA schools that currently accept the GRE.
Know the tests
Before choosing which test to take, you should thoroughly research the format of each and understand the differences.
Both tests require a high level of knowledge and preparation, but there are a few noteworthy differences in the content of the GMAT and GRE. While the verbal section of the GRE focuses more on vocabulary, the GMAT puts a higher emphasis on logic, grammar and reasoning skills.
Another difference between the tests is the quantitative content. The GRE math portion consists mainly of number manipulation and quick number sense. The GMAT, on the other hand is rich with data sufficiency questions and requires you to answer word problems using a more systematic and standardized approach.
Finally, there is a nominal difference in the actual cost to take these tests. The GMAT costs $250 dollars while the GRE costs $195. Although this expense is small compared to the price tag of MBA programs overall, it’s still something to consider – especially if you take the test more than once.
Know your skillset
Once you’re knowledgeable about the format of each test, it’s time to think critically about your skillset.
If you perform better in one area than another, you should take the test that best highlights your strengths—providing your school of choice will accept both scores. For example, while the GMAT requires a stronger quantitative knowledge, the GRE vocabulary section can be more difficult for some.
Remember that no matter which test you choose, both will require a mastery of essential math, reading and critical reasoning skills, which means adequate test preparation is crucial.
If you’re struggling to stay disciplined while studying for either exam, a test prep course can help to ensure you stay on track. With over 15,000 successful MBA students prepared in the GTA, Quantum Test Prep offers the most comprehensive in-class test prep courses for both GMAT prep and GRE prep.
Know your scores
If you’re still not sure which test to take, it can help to take an official mock exam of each test to see which suits you best. The official GMAT and GRE mock exams are complimentary and offered year-round by Quantum. Check out which events are happening near you, and set up a time to write a mock GMAT or GRE.
There are many aspects to consider while deciding between the GRE and GMAT for your MBA application. While each test has its own unique factors, it’s important that you write the test that will serve you best during your overall application process. Happy studying!