Some MBA programs are offering students a choice between taking the Graduate Management Admission Test (GMAT) and the Graduate Record Examination (GRE). Stanford University, MIT and Johns Hopkins University have begun to give students the choice, along with some other business schools, often on a case-by-case basis.

This is a controversial move in terms of the Graduate Admission Council’s requirement of the GMAT, a test they created, for admission to business school. However, students prefer to pay the $140 for the GRE as opposed to paying $250 for the GMAT.

There is a bit of a battle behind the story. In 2003, the GMAC ended its long partnership with the Educational Testing Service (ETS), and gave the job of producing and managing the test to Pearson. ETS runs the GRE test and has since revised it to be used at business schools.
Stanford will track the performance of students who took the GRE instead, and compare their success to that of students who took the GMAT.

Looks like it may come down to which test is the better indicator of success.

–Sara Elizabeth

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