GRE for MBA: More students are taking the GRE route to business schools
GRE for MBA- While GMAT is still touted as one of the most popular management admissions test, the Graduate Record Examination (GRE) is steadily making a place for itself in the business school admissions scene. According to the Educational Testing Service- the conducting body of GRE, as of the testing year ending June 30, 2015, the number of GRE takers aiming for business studies grew by more than 9% over the previous testing year, and almost doubled since the testing year ending June 30, 2012. “The GRE revised General Test is the only admissions test that is accepted by graduate and business school programs worldwide, giving test takers more opportunities for success,” says Dawn Piacentino, director of communication and services for the GRE Program at ETS.
Are more business schools accepting GRE?
For a fact, GMAT has traditionally had a strong foothold in the MBA admissions process. In the testing year 2015, a total of 247,432 GMAT exams were taken by business school aspirants around the world of which over 600,000 score reports were sent to management programmes. However, current numbers are proof that MBA programmes are not restricting themselves to GMAT. In its 2015 survey, Kaplan Test Prep found that 90% of the 222 business schools on their survey across USA and Great Britain allowed aspirants to submit scores of GRE for MBA in place of GMAT, which is a huge jump given that only 24% of the business schools had accepted GRE until 2009. Further, compared to 2014, 42% of admissions officers in 2015 reported an increase in the number of applicants submitting scores of GRE for MBA.
One of the major factors for the emergence of GRE is that scores of GRE for MBA attract a more diverse pool of students to the management classes. That is because GRE test takers are more likely to be from non-management backgrounds like Science and Mathematics which has, in fact, been a high talking point for business schools in the last couple of years. As reflected in their class profiles, top ranked business schools like Harvard and Stanford University are increasingly admitting students with non- management background. For example, Stanford’s Graduate School of Business has admitted 39% STEM students to its class of 2015 while almost 36% of the MBA class for 2017 in Harvard University is from STEM fields. As David Payne, Vice President and COO of Global Education at Educational Testing Service, puts it in a statement: “The trend in business fields makes a lot of sense. The GRE revised General Test is a great option for applying to MBA and specialized master’s programs.”
Why GRE for Business schools?
One of the plus points of taking GRE is that it offers the student with a wider scope in terms of programmes. This is, especially, applicable to students from non – management backgrounds who are still on the fence regarding their choice of study. While you can submit score of GRE for MBA in traditional branches, it is definitely the best choice for STEM students who want to go for tailor-made management courses like Masters in Engineering Management (MEM) where GRE is not just accepted but also preferred. Commonly known as the Engineer’s MBA, MEM is a specialised management programme which includes the application of engineering principles and techniques. Offered by the likes of MIT and Cornell University, Engineering management programmes, though accept GMAT, show more preference for score of GRE for MBA in engineering management.
Below are the average GRE scores accepted in the top universities offering Engineering Management
GRE -Verbal 153; Quants155
Analytical Writing 3.5-4.0
University of Southern California
Another important factor which makes it easier for business school aspirants to opt for GRE is that fact that the GRE is section adaptive and lets students to skip questions. This allows test takers to adapt to different target and time management strategies that many students find useful. “Students can skip questions and change answers on a GRE test, which data show helps lead to better scores. Plus, if test takers decide to take the test again, they can send only their best set of scores,” notes Mr. Payne.
Below are the scores of GRE for business schools:
Harvard Business School
University of Pennsylvania: Wharton
Stanford Graduate School of Business
Columbia Business School
Iese Business School
University of Chicago: Booth
University of California at Berkeley: Haas
Click here for the full list of cut off scores of GRE for business schools across the world.
Beyond business schools:
It is not just in management programmes that the number of GRE test takers has increased. While many business schools are accepting GRE for MBA programmes, GRE has also witnessed an increase among test takers across all fields baring Humanities. In the testing year ending June 2015, the total number of Global GRE test takers rose to 544,808 from 542,468- an increase of just over 2000 candidates.
When it came to Indian aspirants though, GRE for MBA programmes as well as others has made quite a positive jump with over 10,000 more students appearing for the test in 2014-15 from the previous year. A major factor here is the overall increase in students flying to pursue their education abroad, especially in the USA. “As higher education mobility patterns evolve we are seeing astounding growth from almost all regions of the world,” says Mr. Payne.
GRE test takers across streams:
Business & Finance
Arts and Humanities
Stay tuned to studyabroad.careers360.com for more news and updates on GRE
Questions related to GRE
Im interested to do BBA in canada.Is it necessary to attempt GRE ?
Bachelor of Business Administration (BBA) is a 4-year full time undergraduate course. To study in Canada, you must have qualified their secondary level education or equivalent to pursue this course.Basic Requirement is :IELTS- 6.5, TOEFL- 88, CAEL- 70 and PTE- 65In Canada, GRE is required for master's level admission, and some universities and programs may need a good score in the test too.
As you intend to study business, you don't require appearing for GRE exam.
Hope this helps!
If I want to go to uk, canada or usa to pursue higher studies, which exam should i give? GMAT,GRE,SAT,ACT, TOEFL OR IELTS? Also, please give me a comparisons between these exams
The type of exam should you give depends on the University you're looking for and also the course.
SAT or ACT is basically for Undergraduate courses while GRE and GMAT is for Postgraduate courses. TOEFL and IELTS are basically English Proficiency tests. They are given by the candidates whose native language is not English, it too varies according to the university. Every university has it's different criteria but if you're looking for Undergraduate course then you should give SAT as it is accepted by many universities and the language exam based on what the university is accepting.
LPU is not AICTE Approved neither a Demmed University ? I know its UGC Approved but , Will it cause problem in Higher studies Abroad and in India (GRE/GMAT/GATE) or problems in Off Campus Placement and Company Switching ? Please Give Correct Answer !!!! DO NOT GIVE LPU WEBSITE NOT HAVING AICTEREASON
I want to mention here very clearly that Lovely Professional University does not require an AICTE approval as it is not any regulatory authority. Every university requires approval of a statutory body of the Government of India i.e UGC and LPU is UGC recognised which got established u/s 2F of UGC act and is not a deemed university rather a full fledged private university.
# The another point which you have highlighted is of clearing GATE/GRE/GMAT exam to do your studies abroad , I want to highlight that you can pursue the same without any exam as LPU is having more than 200 tie-ups(with certain conditions) with the countries like USA, UK, Canada and many more and the option of Credit Tansfer or International Exposure can be opted. In addition to this, thousands of students cleared GRE/GMAT/GATE exam after completing their studies from LPU and are successfully studying in their dream countries without any hurdle.
# To my knowledge LPU floats Pathways out of which one of the pathway is Government job in which the subjects required to compete in exam for Government job is floated and taught by the expert faculty. So, you can well imagine that LPU assists in getting your dream of Government Job true and many students are working in Government Jobs that too at high posts.
Hope this information will help you!
How to shortlist the universities that matches your profile and is it advisable to apply with the low GRE score if GPA is satisfactory?
Try searching for the top universities and apply for them. If your GRE score is low but above the required score then a strong LOR of SOP may compensate for it. While selecting the candidates GRE is not the only criterion taken into account.
I want to pursue a PhD from english- speaking country. So do I need to take IELTS and GRE both?
Dear Akira a,
As per your query there is no need to go for both ,You can choose any of one Where you should good score .You can either GRE or IELTS or TOFEL .Score is much more important So as per my suggest please focus in one .