Monday, November 28, 2011

Gre At B-Schools

Graduate Record Examination (GRE) has always been associated with graduate programs leading to MS and PhD degrees in Engineering, Arts & Sciences programs. The recent advancements in the world of test-taking, the GRE now paves the way for you to apply for an M.B.A. as well. Earlier the Graduate Management Admissions Test (GMAT) was the only valid test for applying for an M.B.A. program; with GRE eyeing its turf, GMAT surely has something to think about.

The acceptance of GRE at B-Schools might be a threat to the GMAT monopoly, for applicants who are considering both business schools and masters or PhD courses; it is equivalent to a boon.

Some of the reasons why students wouldn’t mind opting for the GRE over the GMAT would be:
1. Cost-Effective: GRE comes at a cheaper price of $140 for domestic U.S. and $170-$195 for international applicants as opposed to the $ 250 charged for the GMAT

2. Multiple Avenues: Opening avenues for themselves, students would opt for the GRE so as to be able to opt for courses such as MBA, Marketing etc. offered at business schools and other graduate programs in economics etc.

3. Accessibility: GRE offers applicants extensive test centre network in 165 countries worldwide GMAT test centres access in 110 countries.

  GRE = GMAT ?

The GRE might just be a better option keeping the above-mentioned factors under consideration; however, a big question arising out of this discussion is how would GRE scores be converted to GMAT scores?

To provide an answer to this vital question and assist admission professionals to compare the GRE and GMAT verbal and quantitative test scores, ETS has devised an interactive GRE comparison tool for B-Schools. The correlation between the GRE and GMAT is very high with both measuring similar skill sets in students: critical thinking, analytical writing, verbal and quantitative reasoning.   
The tool is extremely simple to use, to be able to predict the GMAT score for an applicant, one would need to simply enter the GRE Verbal and Quantitative Reasoning scores and view the GMAT Total score.

The acceptance of GRE scores at B-schools earlier was limited to a few schools like Stanford and MIT Sloan. With five of the top 10 MBA programs across the globe accepting GRE scores, the list now features more than 190 business schools including many top-ranked MBA programs in Europe, Asia and North America.

Harvard Business School (HBS) accepting the GRE for its 2+2 program is the latest addition to the list which comprises of schools like China Europe International Business School (CEIBS), Instituto De Empressa (IE), Queen’s School of Business, INSEAD amongst others.

Thus, in the world of possibilities and options there is yet another addition, to opt either for the GRE or the GMAT while planning for an MBA.

visit:- http://www.manyagroup.com/gre-test-preparation-program

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