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In 2005, the Stanford Graduate School of Business took a step that was unprecedented among top-ranked peer schools—it began to accept the GRE from applicants. While many business schools had long accepted the GRE on an exception-only basis, Stanford, whose business school is tied for the top spot in U.S.News's rankings of the nation's best business schools, extended that option to applicants. And it hasn't regretted the change.
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School officials say they made the decision because it seemed nonsensical to accept the GRE from candidates applying to their Ph.D. programs but not from their M.B.A. applicants. Officials also wanted to make the business school more accessible to students who wished to coenroll in two graduate programs. Rather than being forced to take the GRE and GMAT to gain acceptance into separate programs, Stanford officials reasoned it made more sense for students to take one test. Thus far, the students accepted to the school who submitted a GRE score instead of a GMAT have performed on the same level as their peers, and the school has seen no drawbacks to the policy. "It's not a test you use in isolation," says Derrick Bolton, Stanford's dean of M.B.A. admissions. "It's a test you use in context with academic record, with professional experiences. None of the assessments are perfect, but all of them give us valuable information, so we were comfortable in trying this out."
GRE is Fast Becoming a GMAT Alternative for B-School Applicants - US News and World Report
Click here to find out more!
School officials say they made the decision because it seemed nonsensical to accept the GRE from candidates applying to their Ph.D. programs but not from their M.B.A. applicants. Officials also wanted to make the business school more accessible to students who wished to coenroll in two graduate programs. Rather than being forced to take the GRE and GMAT to gain acceptance into separate programs, Stanford officials reasoned it made more sense for students to take one test. Thus far, the students accepted to the school who submitted a GRE score instead of a GMAT have performed on the same level as their peers, and the school has seen no drawbacks to the policy. "It's not a test you use in isolation," says Derrick Bolton, Stanford's dean of M.B.A. admissions. "It's a test you use in context with academic record, with professional experiences. None of the assessments are perfect, but all of them give us valuable information, so we were comfortable in trying this out."
GRE is Fast Becoming a GMAT Alternative for B-School Applicants - US News and World Report
