GMAT vs. GRE: Which Exam Do Top Business Schools Prefer?

The decision to take either the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE) is one that often divides prospective MBA applicants. Both exams are widely accepted for admission to business schools, with numerous institutions explicitly stating that they accept either test. However, the inclination of business schools towards one exam over another can significantly affect your application prospects. So, which exam should you choose if top business schools are your target?

Official Acceptance of Both Exams

It is important to understand that many business schools accept both the GMAT and GRE. This broad acceptance means that you have the flexibility to choose based on your strengths and preferences. According to various experts, most schools do not have a strong preference for one exam over the other. However, there are exceptions and nuances to consider.

Why Top Schools Prefer GMAT

Yes, it is true that most top 50 business schools prefer the GMAT over the GRE. This preference is often rooted in several factors:

Standardized Score Interpretation: The GMAT is specifically designed for business school admission, and its scoring is tailored to demonstrate a deeper understanding of business concepts and applications. Student Cohort Differences: The cohort of students taking the GMAT and GRE often has distinct backgrounds. Some schools may interpret percentile scores differently, favoring the GMAT's focus on quantitative, verbal, and analytical skills. Precision in Reporting: Business schools may place more weight on the GMAT's detailed score breakdown, which provides a clearer picture of a candidate's strengths and weaknesses.

Real-World Examples and Insights

There have been cases where students have been successful in top business schools by scoring highly on the GRE. One notable example is a student who gained admission to Stanford Business School with a GRE score. This underscores the importance of a high score, regardless of the exam taken. However, it is important to note that such cases are relatively rare.

For the majority of MBA aspirants, aiming for a competitive GMAT score is recommended. For instance, if you are appearing for the GMAT in 2023, a target score around 710 is advisable. This score is often competitive for the top 50 business schools.

Choosing the Right Exam

To make the best decision, it is crucial to:

Research Your Target Schools: Visit the official websites of your desired business schools and verify their requirements. If they mention a preference or requirement for the GMAT, respect that preference. Assess Your Strengths: Take full-length practice tests for both the GMAT and GRE to understand which exam aligns better with your strengths. Focus on improving areas where you are weaker to maximize your score. Consult Admission Experts: It's wise to seek advice from experienced admission counselors who can provide personalized guidance based on your specific situation and goals.

Additional Resources

For further guidance, you might find the following articles helpful:

GMAT or GRE? Which One Should You Take? How to Score 330 on the GRE — A Guide for Success How to Score a 700 on the GMAT — A Mini Guide for Success

Ultimately, whether you choose the GMAT or GRE, your success depends on careful planning, practice, and a strategic approach. By following these steps, you can increase your chances of admission to your dream business school.