Tag Archives: GRE

B-Schools Say GRE Option Attracts More Non-Traditional MBA Applicants

Kaplan Test Prep’s 2016 business school admissions officers survey finds that 92 percent accept the GRE as an alternative to the GMAT, giving aspiring MBAs more flexibility than ever in deciding which exam to take …

Kaplan Test Prep’s 2016 business school admissions officers survey finds that 92 percent accept the GRE as an alternative to the GMAT, giving aspiring MBAs more flexibility than ever in deciding which exam to take to get in.

This all-time high percentage in Kaplan’s annual survey represents a huge jump from its 2009 survey — the first year Kaplan asked the question — when only 24 percent of business schools said they accepted GRE scores.

But despite increased acceptance of the GRE among business schools, there’s a point of consideration for MBA applicants who are considering this option: The GMAT might still give applicants an edge at some schools. Twenty-six percent of admissions officer say those who submit a GMAT score have an admissions advantage over those who submit a GRE score.

Only 2 percent say GRE takers have the advantage; the remaining 73 percent say neither exam taker has the advantage, essentially unchanged from Kaplan’s 2015 survey.

Business schools have contended that accepting the GRE as an alternative to the GMAT — long the only accepted admissions exam –widens the pool of applicants beyond students from ‘traditional’ MBA backgrounds like finance, banking or consulting.

Kaplan survey data supports this notion and finds that schools have been successful in this effort, with 61 percent saying offering the GRE option has resulted in the enrollment of more students from nontraditional backgrounds. The GRE has not, however, significantly contributed to business schools enrolling more female students (25 percent), students of color (24 percent), or low income students (16 percent).

It’s important to note, unrelated to the GRE, that the percentage of female students at top business schools has increased over the past several years and there are other efforts underway to increase the number of students of color; and the GRE alone isn’t the only reason business schools have enrolled more students from non-traditional MBA backgrounds.

“One reason acceptance of the GRE continues to grow seems to be because it generally broadens the application pool to include prospective students who might bring a different set of experiences and skills to business school and the business world, which is important as the economy continues to diversify. It’s also possible that business schools that don’t offer the GRE option may lose excellent prospective students to schools that do,” said Brian Carlidge, executive director of pre-business and pre-graduate programs, Kaplan Test Prep.

“We continue to stress to students to understand that some schools are still reluctant to give both tests equal cachet, even though they accept both exams. Our advice is to gather intel and ask admissions officers if their program has preference for one exam over the other.”

*The survey was conducted between August 2016 and October 2016 of admissions officers at 224 business schools in the United States. Among the 224 business schools are 18 of the top 50, as ranked by U.S. News & World Report.

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What is a Good GRE Score?

Are you heading to business school and thinking about taking the GRE? Our friends at Magoosh have created a nifty infographic to help answer the million dollar question: what is a good GRE score? The …

Are you heading to business school and thinking about taking the GRE? Our friends at Magoosh have created a nifty infographic to help answer the million dollar question: what is a good GRE score?

Magoosh GRE InforgraphicThe fact is, there’s no one-size-fits-all answer. Depending on the programs you’re applying to, a “good score” could take on various amounts. The infographic is organized by grad school programs, so you can quickly scroll through to find the average test scores necessary to get into any engineering, physical sciences, business, and more, grad programs.

So take a look at the Magoosh infographic and learn to answer the loaded “what’s a good GRE score?” question with ease!

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HBS Admissions Director Talks GMAT/GRE Scores

Although most of the elite MBA programs now accept either the GMAT or GRE as part of the admissions process, many applicants wonder if business schools really consider the exams equally. In an attempt to …

Although most of the elite MBA programs now accept either the GMAT or GRE as part of the admissions process, many applicants wonder if business schools really consider the exams equally.

In an attempt to clarify the matter, Harvard Business School Director of Admissions and Financial Aid Dee Leopold recently provided a breakdown of just how many applicants submitted each test, and how many were ultimately offered a place in the program, during the 2013-2014 admissions cycle.

“Please don’t over-crunch,” Leopold urges, pointing out that the admissions team isn’t looking so much at the overall score as at the sub-scores in the context of the candidate’s profile. “An engineer with top grades doing highly quantitative work doesn’t need a high GMAT/GRE-Q to convince us he/she is capable of doing the quantitative work at HBS,” says the director.

As logic would dictate, applicants from the humanities with no quantitative coursework or professional experience need to demonstrate preparedness for the rigorous HBS program with a strong GMAT or GRE quant score.

Going forward, Harvard Business School will accept either a GMAT score or GRE score, not both, as were submitted by 140 applicants this past admissions season. “We need to officially verify scores and prefer to do it for only one test per candidate,” Leopold explains.

The Round 1 deadline at Harvard Business School is just a couple of weeks away on September 9th. If you’re still polishing your open-ended essay, take a look at our HBS MBA application essay tips for guidance and inspiration.

You may also be interested in:

MBA Trends at Harvard Business School and Beyond

What My MBA at Harvard Did Not Teach Me

 

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Exam Lifehacks for a Higher Test Score

You can’t avoid it. Every exam prep checklist has it, and every experienced tutor will advise you to do it: STUDY! Yes, we all hate to have to do it, but it really is the …

magoosh GMAT life hack

You can’t avoid it. Every exam prep checklist has it, and every experienced tutor will advise you to do it: STUDY! Yes, we all hate to have to do it, but it really is the key to your success on every exam you’ll have to take.

But, the fact is, even after you’ve studied all you can for whatever test you have coming up, you’re not guaranteed success. You might have heard stories of a classmate who crumbled under the pressure of studying for a test, or who slept right through his alarm on the morning of the test, or who ran out of energy and collapsed right on top of her desk during the exam. It really could happen to anyone.

Before you panic about the chances of this happening to you, we’ve got good news! Our friends at Magoosh put together an Exam lifehack infographic to make sure you safely avoid any test-day nightmares. The infographic includes study tools and tips you probably didn’t consider before but that are crucial to keeping you sane all the way up to your test date. So, take some time to browse their list of exam lifehacks and master the 18 unexpected tips you’ll need for a higher test score.

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MBA Application Trends in 2014-2015

How many schools are applicants applying to? How important are MBA rankings? Should you consider submitting GRE scores rather than the GMAT? These are just a few of the questions we here at Stacy Blackman …

How many schools are applicants applying to? How important are MBA rankings? Should you consider submitting GRE scores rather than the GMAT? These are just a few of the questions we here at Stacy Blackman Consulting attempted to find out with our MBA application trends survey, conducted online in April.

Poets & Quants picked up the story this week, and shared the main data points with their readers. Based on the responses of 675 participants who intend to apply to business school in the 2014-2015 admissions cycle, the survey showed an uptick in the number of applicants planning to apply to five schools this year. More than 25% plan to do so, up from 22.9% who aimed for five schools in 2013.

This increase reflects the growing awareness among applicants of the ultra-competitive nature of b-school admissions, but also, an understanding that there are more than just a handful of terrific schools out there. Just a few years ago, highly competitive applicants wouldn’t go for an MBA unless they could get into Harvard, Stanford or Wharton. Now, applicants are interested in applying to a range of schools.

In fact, the list has become a lot longer and broader, with applicants adopting a more open attitude about where to study and adding schools such as UCLA Anderson, UT McCombs School of Business, and UNC Kenan-Flagler Business School into the mix, in addition to the power trio. MBA admissions have become increasingly competitive at the elite level, and applicants now realize that an MBA from a highly selective school offers all of the benefits and a similar return on investment as a degree from a very top brand.

This year’s survey showed that once again, applicants place a lot of weight on the value of rankings, with almost 70% of respondents saying rankings are extremely important, and less than 1% saying they weren’t important. Meanwhile, the influence of school reputation on an applicant’s decision of where to attend dipped slightly, from 52.4% in 2013 to 50.87% this year.

Applicants are starting to place greater attention to the strength of a school’s job placement program—21.87% this year, versus 18.8% in 2013. Career advancement remains the most important reason for attending business school for 43.7% of survey participants, followed by the desire to change careers, which motivates 38.17% of MBA hopefuls.

Finally, our survey polled prospective students on their interest in submitting GRE scores with their b-school application. While the GMAT still reigns supreme as the exam of choice, GRE interest this year grew to 7.65%, up from 3.97% in 2013.

At this point I’m not pushing the GRE, and we typically tell clients that unless they have a hard time with the GMAT, or with testing in general, the GMAT is the better way to go. The schools are just more comfortable with the GMAT in general since it’s such a known entity.

I believe people can always derive great value from going to business school, but many factors affect the kinds of programs that best meet their needs. Applicants need to find the very best fit for their own game plan.

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