Monday, October 10, 2011

GRE acceptable for MBA admissions; may get an edge over GMAT in future


The business schools in the United States are accepting Graduate Record Examinations test scores as a replacement for the conventional Graduate Management Admission Test submission in the application process, a spokesman of Kampus Landing- Global Education Specialists stated.
Until now, GMAT was the most acceptable test for admissions in USA business schools MBA programs.
Tejal Laul, Director of Kampus Landing says, “GRE will make more sense for students who are undecided whether to go for MS or MBA.” Though, she advises that students who are sure that they want to pursue MBA degree should opt for GMAT only. GMAT will continue to have more acceptability than GRE for MBA admissions for the next few years.
In June 2012, the GMAT exam will gain a new section designed to measure the test taker’s ability to evaluate information from multiple sources. Incorporating advances in technology and measurement, the next generation GMAT will include a new 30-minute Integrated Reasoning section that will ask the test taker to interpret data presented graphically, analyze different types of information, and evaluate outcomes. Tejal advises students to take GMAT before the new one is implemented. The GMAT Verbal, Quantitative and Total Scores will not change. Test takers will receive a separate score for the essay, as they do now, and for the new Integrated Reasoning section. The overall length of the GMAT exam (three and a half hours) will not change. When the Integrated Reasoning section is added, the Analytical Writing assessment will be streamlined to include only one 30-minute essay prompt instead of two.
The Top US Business Schools that are accepting GRE Scores for MBA/EMBA Admission:

Harvard Business School - It offers an innovative new program for college juniors called HBS 2+2: two years of work, then two years of immersion in the Harvard Business School MBA Program. The 2+2 Program accepts either the GMAT or the GRE as part of the application process.

Yale School of Management - Applicants must have a four-year bachelor’s degree from an accredited U.S. institution or the international equivalent and must have taken either the GMAT or the GRE.

MIT Sloan - It will accept the GRE in lieu of the GMAT. The verbal sections of the GMAT or GRE will be used to evaluate applicants' English language ability.

New York University Stern School of Business - It accepts GRE for Full-Time and Part-Time MBA Programs.

University of Virginia, Darden School of Business - Darden accepts the GRE in place of the GMAT for MBA admissions. It offers Full-time MBA, MBA for Executives, Executive Education.

University of Evansville Executive MBA Program - GMAT or GRE scores may be required at the discretion of the Admissions Committee.
The list of the business schools accepting GRE for MBA admissions is expected to grow gradually in the next two years.

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