Good news for b-school applicants dreading the GMAT: The Stern School of Business at New York University has announced that, effective immediately, it will no longer require GMAT or GRE scores from candidates applying to its executive MBA program.
According to a Stern press release, the school decided to drop the requirement based on the credentials of its executive MBA students:
The NYU Stern Executive MBA program provides a world-class MBA to a carefully selected, intimate class of no more than 60 highly experienced professionals each term. The average age of the enrolling classes is 38, with an average of 14 years of work experience, a more senior cohort than other peer EMBA and part-time MBA programs. Additionally, 40 percent of the typical enrolling class has already earned an advanced degree. By removing the standardized test requirement, Stern is making it easier for experienced managers and executives to consider its Executive MBA program. The program’s academic rigor, course requirements and schedule remain unchanged.
But don’t throw out those GMAT prep books yet. Applicants to NYU Stern’s full-time MBA program are still required to submit test scores. Also, because executive MBA candidates usually submit applications to multiple programs, many who apply to Stern will still end up taking the test anyway. (Stern will still accept GMAT and GRE scores from candidates who wish to submit them.)
Still, dropping GMAT and GRE requirements for executive MBAs is gaining popularity and has already been implemented at top programs including Northwestern University‘s Kellogg School of Management, the University of Southern California‘s Marshall School of Business and the University of Chicago‘s Booth School of Business.