Which should you take?
Today there are lots of schools accept both the GRE and GMAT exams. Harvard, MIT, Instituto de Empresa, and CEIBS are just a few of the MBA programs that accept the GRE test for admission in place of the GMAT. Also, many Masters programs will accept GMAT scores instead of the GRE for admission. Make sure you check with the specific school to which you're applying to confirm which tests are accepted.
Below is a quick overview of the differences between the two exams:
|Who Requires it?||Required test for admission to most business schools and some graduate schools.||Required test for admission to most graduate schools and a growing number of business schools.|
|Test Structure||Analytic Writing: 1 essay: 30 min.
Integrated Reasoning: 30 min.
Quantitative: 75 min.
Verbal: 75 min.
TOTAL: 3.5 hours
|Analytic Writing: 2 Essays: 30 min. each
Quantitative: 2 sections: 35 min.
Verbal: 2 sections: 35 min.
Experimental section: either math or verbal. (not scored)
TOTAL: About 4 hours
|Test Format||Computer-adaptive test||Computerized multi- stage test|
|Scoring||Overall score ranging from 200-800, in 10 point increments; plus sub scores for each individual section of the test.||The Verbal and Quantitative scores ranging from 130 to 170 in 1-point increments. The essay is scored from 0-6 in .5 point increments.|
|Key Differences||Quantitative section more difficult.||English vocabulary strongly tested.|
|Price||$250 +VAT||$195 +VAT|
What does this mean?
If you are an MBA applicant, you may not need to take the GMAT in order to get into certain business schools if you already hold a valid GRE score. If you are daunted by the GMAT and think the GRE might be easier for you, or vice versa, you may have the choice of doing either test, depending on which programs you are applying to.
Still Can't Decide?
Speak to the admissions advisor at the school to which you're applying if you still need help deciding. They will be able to tell you which exam is required or if they accept both. If you have the choice to take either test, you should make a decision based upon your own strengths.