In recent years, the Graduate Management Admission Test — or GMAT — has faced increasing competition from another standardized test, the Graduate Record Examinations — or GRE.
Although the GRE was designed for those seeking entrance to generalist graduate schools, more than 1,200 MBA programs now accept it in applications, writes Jonathan Moules at bizjournals.com.
The rivalry between the two exam administrators intensified last month with the decision by the Graduate Management Admission Council to shorten its GMAT exam by 30 minutes.
Exam length is a problem, according to education consultancy CarringtonCrisp, which claims that a fifth of MBA applicants are so averse to exams that they will only apply to schools where they do not have to take a formal entrance test.
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