More business schools are accepting the Graduate Record Exam (GRE) as an alternative to the GMAT for admission to their MBA programs. In almost all cases, though, GMAT applicants far outweigh the number of applicants submitting GRE scores.
Even so, most of the prestige schools now accept the GRE, including Harvard, Stanford, the Wharton School at the University of Pennsylvania, Northwestern University’s Kellogg School, Columbia Business School, MIT Sloan, and Dartmouth College’s Tuck School of Business. At Yale’s School of Management, for example, roughly 10% of the applicants now take the GRE instead of the GMAT.
Some admission consultants are now advising applicants who don’t test well to take the GRE instead of the GMAT. The reason: it’s not because the GRE is an easier test. It’s because GRE scores are not reported and therefore do not factor into some rankings, such as U.S. News & World Report’s annual lists. So a school may be willing to accept a much lower GRE score than it would impact its ranking status.