Recently, our friends at Kaplan Test Prep released the results of their 2014 survey of graduate school admissions officers, for which the firm polled admissions representatives from 204 U.S. MBA programs.
One of the results we found most intriguing was an apparent rise in the number of business schools that allow applicants to submit a GRE score rather than requiring a GMAT score. According to Kaplan, an astounding 85% of MBA programs now accept the GRE in lieu of the GMAT. When the same survey was conducted in 2009, just 24% of the participating programs recognized GRE results as adequate application criteria.
However, more schools accepting the GRE does not necessarily mean more MBA hopefuls are electing to take this route. Kaplan’s survey reveals that just one in ten applicants (at most) submitted a GRE score in place of a GMAT score this past application season.
What do the top graduate programs prefer? While 78% of the admissions officers surveyed indicated that their schools consider the two tests equal, 18% communicated a continued partiality for the GMAT. According to Kaplan Test Prep’s executive director of pre-business and pre-graduate programs, Brian Carlidge, “The trendline for business schools that accept the GRE as an admissions alternative to the GMAT has been unmistakable over the past five years. What was once seen as an almost exotic admissions policy by business schools has become nearly ubiquitous.”