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.
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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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