It can be the most stressful part of an MBA application-– the requirement to take either the Graduate Management Admission Test (GMAT) or the Graduate Record Exam (GRE).
At McCombs, the Admissions Committee does not waive this requirement for any of our Working Professional MBA programs (Dallas/Fort Worth, Houston, or the Austin Evening programs) or for our Full-Time program.
So your first question will be: Which test do I take?
Like coffee vs. tea, or vanilla vs. chocolate ice cream, the choice is entirely yours. We have no preference, though more of our students end up choosing the GMAT because it is designed to prepare candidates specifically for business school. And some professions, like consulting and investment banking, do prefer that you have a GMAT score to report. (We’ll have more on this in a future blog post.)
While both tests have quantitative and verbal sections, they have noticeable differences. We encourage you to do your research and take practice tests to learn each test’s points of emphasis, and how they are scored.
Here are some key differences between the GMAT and GRE:
From Director of Texas Executive MBA Admissions, Sharon Barrett:
Hands down, this is the most common question I get from Executive MBA candidates:
“How does the test waiver work and do I qualify?”
So here’s the lowdown– First and foremost, the Executive MBA is the only Texas MBA program that accepts applicants’ petitions to waive the GMAT or GRE exam requirement. (Key words being “applicant” and “petition.”) And everyone’s case is different, so there’s no recipe to follow, no checklist, and no guarantee that if you do certain things, you’ll get a waiver.
The MBA Admissions committee views each applicants’ petition in the context of their entire application, and renders a decision on the application versus a separate decision on just the waiver.
Here are the areas of consideration when reviewing an application with a petition for a test waiver:
So, you’ve decided that you want to apply for an MBA. Congratulations on making a fantastic decision! But, now what?
One of the first application components that prospective students typically focus on is that dreaded standardized test. It can be an intimidating first step. Where do you even begin? If you’ve researched our program, you already know that the Texas MBA Program accepts both GRE and GMAT…so how do you know which exam is right for you?
First things first: The Admissions Committee doesn’t care which test you take. Honestly! We do not have a preference of exam, and do not believe that one test is better at demonstrating your preparedness for business school than the other.
Now that that’s out of the way, it’s important to think about what exam is best for you. In some cases, there may be a reason to consider taking the GMAT over the GRE, or vice versa.