At a certain point on the GRE schedule, the Graduate Management Admissions Test (GMAT) was the true test that understudies took to get into business college. In any case, in 2006, the makers of the GMAT, the Graduate Management Admissions Council (GMAC), chose to disavow the Educational Testing Service (ETS), who up until that point had directed the test. This move, which finished the non-content condition that the GMAC held over the ETS, permitted the ETS to challenge the stranglehold that the GMAC had on business college testing.
Since 2006, the ETS has been crusading schools to acknowledge the GRE as an option in contrast to the GMAT. As indicated by an official statement by the ETS, “Around 450 MBA programs overall currently acknowledge the GRE test, including 45% of the U.S. News and World Report’s best 100 U.S. projects and seven of the main 10 worldwide MBA programs as indicated by The Financial Times.” These schools remember a portion of the highest level business colleges for the world, like Harvard, Stanford, Wharton at UPenn, Stern at NYU, and Sloan at MIT.
Furthermore, the overhauled GRE, coming in August of this current year, is to a limited extent intended to make the test more alluring to business colleges. The ETS site states, “ETS has reexamined the test to more readily mirror the sort of reasoning you’ll do in graduate or business college and improve your test-taking experience.
New kinds of inquiries now more intently line up with the abilities you need to prevail in the present requesting graduate and business college programs.” Removing analogies and antonyms, for example, moves the concentration away from retention and towards examination and comprehension.
It’s nothing unexpected that an ever-increasing number of schools are beginning to acknowledge the GRE. The ETS gauges that there are roughly 700 GRE testing revolves in 160 nations throughout the planet; balance this with a 2010 GMAC public statement, which appraises that there are 500 trying focuses in 110 nations.
Schools that choose to acknowledge the GRE can grow their candidate pools by making it more advantageous for worldwide candidates concerning US business colleges in this period of globalization. Moreover, the transition to acknowledge the GRE is valuable to understudies also.
The individuals who are attempting to settle on going to graduate school and going to business college don’t need to pick one over the other or stress over stepping through two exams (and paying two enlistment expenses) — they can just take the GRE and apply to both. Testmasters suggest that planned understudies step through the two examinations and present a higher score.
With the impending arrival of the new GRE and the force that the ETS has developed in the course of recent years, we can hope to see increasingly more business colleges tolerating the GRE for affirmations.
Obviously, the GMAC isn’t just wasting time as the ETS courts its essential market — the GMAT is booked for a significant facelift in 2013 to give the test more business-explicit substance.