If you’re considering pursuing an MBA, one of the most important decisions you’ll need to make is which standardized test to take. The two most common tests for MBA admissions are the GMAT (Graduate Management Admission Test) and the GRE (Graduate Record Examination). Both tests are designed to assess your readiness for graduate-level study, but they have some key differences that may make one a better fit for you than the other.
The GMAT has traditionally been the preferred test for MBA programs, as it is specifically designed to measure skills that are important for success in business school, such as critical thinking, problem-solving, and data analysis. However, in recent years, many MBA programs have started accepting GRE scores as well, giving applicants more options to choose from. So, which test should you take? The answer will depend on a variety of factors, including your strengths and weaknesses, the schools you’re applying to, and your overall test-taking strategy.
Understanding the GMAT and GRE
If you are considering getting an MBA, you have probably heard of the GMAT and GRE. These are two standardized tests that most business schools require for admission. Both tests are computer-adaptive, which means the difficulty of the questions adjusts based on your performance.
GMAT
The GMAT (Graduate Management Admission Test) is a standardized test used by most business schools to evaluate applicants. The test consists of four sections: Analytical Writing Assessment, Integrated Reasoning, Quantitative, and Verbal. The total test time is 3 hours and 30 minutes, and the total score ranges from 200 to 800.
The Analytical Writing Assessment section measures your ability to analyze an argument and communicate your ideas in writing. The Integrated Reasoning section measures your ability to analyze data and evaluate information presented in different formats. The Quantitative section measures your ability to solve problems using mathematical concepts. The Verbal section measures your ability to read and understand written material, evaluate arguments, and correct written material to conform to standard written English.
GRE
The GRE (Graduate Record Examinations) is a standardized test that is accepted by most graduate programs, including business schools. The test consists of six sections: Analytical Writing, Verbal Reasoning, Quantitative Reasoning, and an unscored research section. The total test time is 3 hours and 45 minutes, and the total score ranges from 130 to 170 for both the Verbal and Quantitative sections.
The Analytical Writing section measures your ability to analyze an argument and communicate your ideas in writing. The Verbal Reasoning section measures your ability to analyze and evaluate written material and synthesize information from it. The Quantitative Reasoning section measures your ability to solve problems using mathematical concepts. The unscored research section is used to test new questions and does not count towards your score.
Test Structure and Scoring
Both the GMAT and GRE are standardized tests that measure your aptitude in certain areas. The tests are computer-adaptive, meaning the difficulty of the questions adjusts based on your performance.
The GMAT has a total score range of 200 to 800, while the GRE has a total score range of 260 to 340. Both tests have sections that measure your writing, verbal, and quantitative skills. The GMAT has an additional section that measures your integrated reasoning skills.
Your test score is an important part of your MBA application. Admissions committees use your standardized test score, along with other factors such as your work experience and GPA, to evaluate your potential for success in their program.
Conclusion
Understanding the structure and scoring of the GMAT and GRE is an important step in preparing for your MBA application. Both tests are computer-adaptive and measure your writing, verbal, and quantitative skills. The GMAT has an additional section that measures your integrated reasoning skills. Your test score is an important part of your application, and it is important to prepare and perform to the best of your abilities.
Key Differences Between GMAT and GRE
If you’re considering taking the GMAT or GRE for MBA admission, it’s important to understand the key differences between the two tests. While both tests measure your aptitude for graduate-level study, they differ in format, content, and scoring.
Format
The most significant difference between the GMAT and GRE is their format. The GMAT is a computer-adaptive test, which means that the difficulty level of the questions adjusts based on your performance. On the other hand, the GRE is not computer-adaptive, and all test-takers receive the same set of questions.
Content
The GMAT and GRE also differ in their content. The GMAT consists of four sections: Analytical Writing Assessment, Integrated Reasoning, Quantitative, and Verbal. The GRE, on the other hand, consists of six sections: Analytical Writing, Verbal Reasoning (two sections), Quantitative Reasoning (two sections), and an unscored research or experimental section.
Scoring
Both tests are scored on a scale of 200-800, with increments of 10. However, the way the scores are calculated is different. The GMAT scores are based on your performance on the Quantitative and Verbal sections, while the Integrated Reasoning and Analytical Writing sections are scored separately. The GRE scores are based on your performance on the Verbal Reasoning and Quantitative Reasoning sections, with the Analytical Writing section scored separately.
Testing Time
The GMAT takes approximately 3.5 hours to complete, while the GRE takes approximately 3 hours and 45 minutes. The GMAT has a shorter Analytical Writing Assessment section, but the Integrated Reasoning section adds an additional 30 minutes to the test. The GRE has a longer Analytical Writing section and an additional unscored research or experimental section.
In summary, the GMAT is typically used for MBA admission, while the GRE is accepted for most graduate programs. Both tests measure your aptitude for graduate-level study, but differ in format, content, and scoring. It’s important to research the requirements of the schools you’re interested in to determine which test is right for you.
Exam Structure and Question Types
Both the GMAT and GRE consist of multiple-choice questions that test your analytical, quantitative, and verbal skills. However, each exam has a unique structure and set of question types.
GMAT
The GMAT consists of four sections: Analytical Writing Assessment, Integrated Reasoning, Quantitative, and Verbal. You have 3.5 hours to complete the exam. The table below shows the structure of the GMAT exam:
| Section | Number of Questions | Time Limit |
| Analytical Writing Assessment | 1 essay | 30 minutes |
| Integrated Reasoning | 12 | 30 minutes |
| Quantitative | 31 | 62 minutes |
| Verbal | 36 | 65 minutes |
The Quantitative and Verbal sections of the GMAT have both multiple-choice and computer-adaptive questions. The computer-adaptive format means that the difficulty level of the questions adapts to your performance as you answer them. The GMAT also includes unique question types such as Data Sufficiency and Sentence Correction.
GRE
The GRE consists of six sections: Analytical Writing, Verbal Reasoning, Quantitative Reasoning, and an unscored research section. The research section can be either Verbal or Quantitative, and it is used to test new questions for future exams. You have 3 hours and 45 minutes to complete the exam. The table below shows the structure of the GRE exam:
| Section | Number of Questions | Time Limit |
| Analytical Writing | 2 essays | 60 minutes |
| Verbal Reasoning | 20 | 30 minutes |
| Quantitative Reasoning | 20 | 35 minutes |
| Unscored Research | Varies | Varies |
The Verbal and Quantitative sections of the GRE have both multiple-choice and select-in-passage questions. The select-in-passage questions require you to select a sentence in a passage that answers the question. The GRE also includes unique question types such as Text Completion, Sentence Equivalence, and Data Interpretation.
Overall, both the GMAT and GRE have unique structures and question types that test your analytical, quantitative, and verbal skills. It is important to understand the exam format and question types before deciding which exam to take for your MBA program.
Scoring System and Ranges
The scoring system and ranges of the GMAT and GRE exams are different. The GMAT is scored on a scale of 200-800, while the GRE is scored on a scale of 130-170 for both Verbal and Quantitative sections. The Analytical Writing Assessment (AWA) section of the GMAT is scored on a scale of 0-6, while the GRE AWA section is scored on a scale of 0-6 in half-point increments.
Your GMAT score is valid for five years, while your GRE score is valid for five years as well. However, some business schools may prefer the GMAT over the GRE, and vice versa. Therefore, it is important to research the requirements of the schools you are interested in applying to.
The average GMAT score for top business schools in the US is around 720, while the average GRE score is around 320-325. However, it is important to note that a high GMAT or GRE score alone does not guarantee admission to a top business school. Admissions committees also consider your undergraduate GPA, work experience, essays, and interviews.
In addition, some business schools may have a minimum GMAT or GRE score requirement for admission. For example, the Harvard Business School has a median GMAT score of 730, and a median undergraduate GPA of 3.70. Therefore, it is important to aim for a competitive GMAT or GRE score, in addition to maintaining a strong undergraduate GPA.
Overall, the scoring system and ranges of the GMAT and GRE exams are important factors to consider when applying to business schools. It is important to research the requirements of the schools you are interested in, and aim for a competitive GMAT or GRE score, in addition to maintaining a strong undergraduate GPA.
Preparing for the GMAT and GRE
Preparing for the GMAT and GRE can be a daunting task, but with the right mindset and resources, you can conquer these exams. The first step is to assess your skills and determine your strengths and weaknesses. Take a practice test for both exams to get a baseline score and identify areas that need improvement.
Both the GMAT and GRE test your math and verbal skills, but the emphasis on each varies. The GMAT places more emphasis on data sufficiency and problem-solving skills, while the GRE has a greater focus on vocabulary and reading comprehension. For the math section, both exams cover arithmetic, algebra, and geometry, but the GRE also includes data analysis, charts, and tables.
To improve your math skills, review basic concepts and practice with sample problems. Use online resources such as Khan Academy or official study materials to reinforce your understanding of math concepts. For vocabulary, create flashcards or use online tools such as Quizlet to memorize words and their meanings. For reading comprehension, practice summarizing passages and identifying the main idea.
Another important aspect of test preparation is managing anxiety. Both the GMAT and GRE are timed exams, so it’s essential to practice time management and pacing. Take breaks during practice exams to simulate test day conditions and reduce stress. Additionally, practice relaxation techniques such as deep breathing or meditation to calm nerves.
In summary, preparing for the GMAT and GRE requires a combination of skills, practice, and stress management. Assess your strengths and weaknesses, use online resources to improve your skills, and practice time management and relaxation techniques to reduce anxiety. With the right mindset and preparation, you can achieve your desired score on these exams.
Applying to Business Schools
When applying to MBA programs, you will need to submit an application that includes various components such as your academic transcripts, resume, letters of recommendation, and an admissions test score. The admissions test score is an important component of your application and can be either the GMAT or GRE, depending on the school.
Before choosing which test to take, it is important to research the requirements of the business schools you are interested in. Some schools may require or prefer one test over the other, while others may accept both. You can find this information on the school’s website or by contacting the admissions committee directly.
When deciding which test to take, consider your strengths and weaknesses. The GMAT is more focused on quantitative skills, while the GRE is more balanced between quantitative and verbal skills. If you are stronger in one area than the other, you may want to choose the test that plays to your strengths.
It is also important to consider the format of the test. The GMAT is a computer-adaptive test, meaning that the difficulty of the questions adjusts based on your performance. The GRE is also computer-based, but it is not adaptive. Some people may prefer the adaptive format of the GMAT, while others may prefer the consistent format of the GRE.
In addition to the admissions test score, business schools may also require letters of recommendation. These letters should come from individuals who can speak to your academic or professional abilities. It is important to choose recommenders who know you well and can provide specific examples of your strengths.
Overall, applying to business schools can be a complex process. However, by researching the requirements of the schools you are interested in and carefully considering your strengths and weaknesses, you can put together a strong application that showcases your abilities and potential for success in an MBA program.
Cost and Retesting Policies
When it comes to the cost of taking the GMAT or GRE, there are some differences that you should be aware of. The GMAT costs $250, while the GRE costs $205. However, it is important to note that some schools may require you to take the GMAT, while others may accept either test. Therefore, it is important to check with the schools you are interested in applying to before deciding which test to take.
Retesting policies also differ between the GMAT and GRE. If you are unhappy with your GMAT score, you can retake the exam after 16 days. However, you can only take the exam five times in a 12-month period. On the other hand, if you take the GRE, you can retake the exam after 21 days. There is no limit to the number of times you can take the GRE in a year.
It is also worth noting that both the GMAT and GRE offer test fee waivers for eligible candidates. The GMAT offers a fee waiver for those who demonstrate financial need, while the GRE offers a fee reduction program for those who demonstrate financial need.
Overall, the cost and retesting policies of the GMAT and GRE are important factors to consider when deciding which test to take. While the cost difference may not be significant, the retesting policies may be a deciding factor for some candidates.
Impact of Covid-19 on GMAT and GRE Testing
The Covid-19 pandemic has affected the GMAT and GRE testing in many ways. Many testing centers were closed, and testing dates were canceled, leading to a backlog of test takers. As a result, many business schools have waived the GMAT or GRE requirement for their MBA programs, making it easier for students to apply.
During the pandemic, online testing has become a popular option for students who cannot take the test in person. Both the GMAT and GRE can be taken online from the safety of your home. However, it is important to note that online testing has its limitations, such as technical issues and the lack of a quiet testing environment.
If you are considering an online MBA program, it is important to check with the school to see if they accept online test scores. Some schools may require in-person testing for their MBA programs, while others may accept online test scores. It is important to check with the school’s admissions office to make sure you are meeting their requirements.
In conclusion, the Covid-19 pandemic has had a significant impact on GMAT and GRE testing. While online testing has become a popular option, it is important to check with the school to see if they accept online test scores. If you are planning to apply for an MBA program during this time, it is important to stay up-to-date on the latest testing requirements and options.
GMAT and GRE for Different Career Paths
When deciding whether to take the GMAT or GRE for your MBA, it’s important to consider your career goals and the industries you’re interested in. While both tests are widely accepted by business schools, some industries may prefer one test over the other.
Management
If you’re interested in pursuing a career in management, both the GMAT and GRE are good options. However, the GMAT is often seen as the more traditional choice and is preferred by many management programs. This is because the GMAT is specifically designed for business school admissions and focuses on skills that are relevant to management positions, such as critical thinking, data analysis, and problem-solving.
Consulting
Consulting is another popular career path for MBA graduates, and both the GMAT and GRE are accepted by top consulting firms. However, some firms may have a preference for one test over the other. For example, McKinsey & Company prefers the GMAT, while Bain & Company accepts both tests. It’s always a good idea to research the preferences of the firms you’re interested in before deciding which test to take.
Employers
When it comes to employers, most companies don’t have a preference between the GMAT and GRE. However, some may view the GMAT as a more prestigious test, since it’s been around longer and is specifically designed for business school admissions. Ultimately, your test score is just one factor that employers will consider when evaluating your candidacy, so it’s important to focus on other areas as well, such as your work experience and extracurricular activities.
In conclusion, both the GMAT and GRE are widely accepted by business schools and can lead to successful careers in a variety of industries. When deciding which test to take, it’s important to consider your career goals and the preferences of the programs and firms you’re interested in. With the right preparation and a strong score, you can position yourself for success in the competitive world of business.
The Role of GMAT and GRE in Scholarships and Funding
When it comes to scholarships and funding for MBA programs, the role of GMAT and GRE scores cannot be overstated. These standardized test scores are often one of the key factors that scholarship committees and admissions officers use to evaluate candidates.
Scoring well on the GMAT or GRE can not only increase your chances of getting accepted into an MBA program, but it can also help you secure scholarships and other forms of funding. Many MBA programs offer scholarships to students who score well on these tests, and some even offer full-tuition scholarships to top performers.
For example, Daniel Child enrolled in the full-time MBA program at Columbia Business School, and his GMAT score of 770 – around 40 points higher than the class average – helped him land $50,000 per year in scholarship money. This is just one example of how a high GMAT or GRE score can pay off in terms of funding.
It’s important to note that while a high GMAT or GRE score can certainly help you secure scholarships and funding, it’s not the only factor that scholarship committees and admissions officers consider. Other factors, such as your undergraduate GPA, work experience, and extracurricular activities, can also play a role in their decision-making process.
In summary, scoring well on the GMAT or GRE can be a major asset when it comes to securing scholarships and funding for MBA programs. While it’s not the only factor that scholarship committees and admissions officers consider, it can certainly help set you apart from other candidates and increase your chances of success.
Fairness and Bias in GMAT and GRE
When it comes to standardized tests like the GMAT and GRE, fairness and bias are always a concern. Both tests aim to measure a candidate’s ability to succeed in a graduate-level business program, but some argue that the tests are biased in favor of certain groups.
Fairness
Both the GMAT and GRE strive to be fair, but what does that mean? A fair test is one that accurately measures what it is supposed to measure, without being influenced by irrelevant factors. In other words, a fair test should measure a candidate’s ability to succeed in a business program, not their background, race, or gender.
The GMAT and GRE are both designed to be fair tests, and both have undergone extensive research and development to ensure that they are. The tests are regularly reviewed and updated to ensure that they are measuring what they are supposed to measure.
Bias
Despite efforts to make the tests fair, some argue that they are still biased in favor of certain groups. For example, some argue that the GMAT is biased in favor of men, as men tend to score higher on the test than women. Others argue that the GRE is biased in favor of white students, as white students tend to score higher on the test than students of color.
However, it’s important to note that the GMAT and GRE are not intentionally biased. Any bias that exists is likely the result of factors outside of the test itself, such as differences in educational opportunities or cultural factors.
In conclusion, while fairness and bias are always a concern when it comes to standardized tests, the GMAT and GRE are designed to be fair and unbiased measures of a candidate’s ability to succeed in a graduate-level business program. However, it’s important to be aware of any potential biases that may exist and to take steps to address them.
The Future of GMAT and GRE
As you consider your options for taking the GMAT or GRE for MBA admissions, it’s important to think about the future of these exams. While both exams have been widely accepted by graduate schools for many years, there are some indications that the GRE may be gaining ground.
According to a survey conducted by the Educational Testing Service (ETS), the maker of the GRE, more than 1,200 graduate programs now accept GRE scores for admissions, including many business schools. This is a significant increase from just a few years ago, and it suggests that the GRE may become an even more popular option for MBA applicants in the future.
However, it’s important to note that the GMAT is still the preferred exam for many business schools. In fact, some top MBA programs, such as Harvard Business School and Stanford Graduate School of Business, only accept the GMAT. So, if you’re considering applying to these schools, you may want to focus on preparing for the GMAT.
Another factor to consider is the increasing importance of interviews and other measures of talent and potential in MBA admissions. While your GMAT or GRE score is still an important factor, it’s not the only factor that admissions committees consider. So, even if you don’t perform as well as you’d like on the GMAT or GRE, you may still have a chance to impress admissions committees with your interview skills, work experience, and other factors.
In conclusion, both the GMAT and GRE are likely to remain important exams for MBA admissions for the foreseeable future. However, the GRE may become an increasingly popular option, especially for applicants to programs that accept both exams. Ultimately, the best option for you will depend on your individual strengths and weaknesses, as well as the requirements of the programs you’re interested in.
