The makers of the Graduate Record Examination (GRE) have revised their test and made a strong push to market it as an admissions alternative to the Graduate Management Admissions Test (GMAT), but prospective MBA applicants still overwhelmingly opt to take the GMAT, a recent CF INDIA PORTAL survey finds.
In a survey of CF INDIA PORTAL GMAT students between November 2011
and April 2012, CF INDIA PORTAL found that only 16 percent said they considered
taking the GRE instead of the GMAT. Of the 84 percent who said they never
considered taking the GRE, the majority (60 percent) said the main reason was
because they thought some or all of their target schools only accept the GMAT.
Nineteen percent, meanwhile, said they felt applicants who submit a GMAT score
have an admissions advantage over those who submit a GRE score, and 8 percent
said it was because they thought they would do better on the GMAT than on the
GRE.
In fact, prospective applicants who opted for the GMAT over the
GRE because they thought their target schools don’t accept the latter may have
been misinformed, according to CF INDIA PORTAL “We believe that number may be inflated
because of a lack of information. “Many of them would be surprised to know that
most, if not all of the business schools they plan on applying to accept the
GRE, in addition to the GMAT,” ..
Despite growing acceptance of the GRE as an alternative to the GMAT
by top MBA programs, CF INDIA PORTAL still advises prospective applicants to
choose the more traditionally accepted GMAT exam if they are applying only to
business school and not to other graduate programs as well. “According to a
separate Kaplan survey of business school admissions officers, applicants who
submit a GMAT score have a slight admissions advantage over applicants who
submit a GRE score,” Weiss said.
The makers of the GMAT aren’t sitting by idle as the GRE test
makers try to gain more of the MBA market, mind you. The GMAT will feature an
added Integrated Reasoning section beginning this June as part of an effort to
solidify its status as the best predictor of student success in business
school.
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