The Daily Pennsylvanian reports that The Wharton School, University of Pennsylvania has declared acceptance of GRE scores for admissions to their MBA program, effective the upcoming admission season. Now that each of the big three (Harvard Business School, Stanford GSB and Wharton) use GRE for admissions, it could proliferate the acceptance of the exam across the MBA world.
Approximately 250 b-schools across the world accept GRE (Graduate Record Examination) as an alternative qualifying exam to the GMAT (Graduate Management Aptitude Test). MIT’s Sloan School of Management and Virginia’s Darden are among the other well-known schools that use GRE along with GMAT.
While the GMAT exam is known to test for concrete analytical skills, the GRE tests for more abstract argumentative ability. GMAT is both a shorter and perceived-easier test than GRE. B-schools that have started accepting the GRE reason that the exam allows a wider class of people to apply to MBA programs, helping them increase diversity in the classrooms.