Top schools take a holistic approach to the MBA admissions process
Most business schools opt to accept GRE scores as an alternative to the GMAT so as to widen their pool of applicants, and bring in students from backgrounds outside of the ‘traditional’ norm – those with backgrounds in finance, accounting, economics and so on. Diversity, in all of its forms, matters and is therefore positively encouraged at top business schools.
'Holistic' is a word commonly used by institutions to describe their approach to reviewing MBA applications, and one which manifests itself frequently in our MBA Admissions Q&A series. The GMAT and the GRE are therefore just one element of the evaluation process - academic background, personality, experience, and the effort you invest in the application process are all just as important.
The key to choosing the GMAT or GRE for MBA admission is to first identify which of your chosen schools require which test. If you think a school might accept both, but could prefer one test over the other, email, phone, or chat online to find out.
Playing to your strengths is also a factor. If your dream school can confirm that it values both tests equally, simply choose the one you think you'll do best in. Lastly, whether you’re taking the GMAT or GRE for MBA admission, make sure you go into the test fully prepared!
Acceptance:
The GRE is accepted at 1200+ Business Schools worldwide. Its Unique Quantitative Question focuses on quantitative comparisons, while the GRE’s Unique Verbal Questions look at Sentence Equivalence & Text Completion. This test is better for creative/flexible thinkers.
The GMAT is accepted by all business schools. Its Unique Quantitative Question focuses on Data Sufficiency, while the GMAT’s Unique Verbal Questions look at Sentence Correction & Critical Reasoning. This test is better for number-crunching thinkers.
Kaplan has an excellent guide on the same:
https://www.kaptest.com/gmat/gmat-vs-gre
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