To take admissions in the best B schools for pursuing MBA programs, both GMAT and GRE scores are accepted. For graduation entrance, GRE is preferred for different masters, or Ph.D. programs. It is seen that acceptance rate in the top B Schools is 16% in such cases, GRE scores are not acceptable. On the other hand, acceptance rate as per GRE score for top Engineering Colleges is 21%.
|Meaning||GRE is an entrance test at graduation level, as well as for taking admission to the other masters, MBA & PhD programs also worldwide.||GMAT is used for taking admission in the topmost B school for doing the MBA only worldwide.|
|Exam Pattern||GRE exam syllabus has mainly three sections i.e.||The GMAT exam pattern has four major divisions’ i.e.|
|Syllabus Content||Analytical writing:
|Computer-adaptive||No||Yes, the second question depends on the performance level of the first|
|Duration||3 hours & 45 minutes||3 hours & 7 minutes.|
|Exam Fee||GRE exam fee is $ 205.||The GMAT exam fee is $ 250.|
|Validity||GRE score validity is 5 years.||GMAT score validity is 5 years|
|Total no. of questions||MCQs: 80;|
Unscored research section: 20
|Basis||GRE Score||GMAT Score|
|Analytical Writing||0 – 6; half-point increment||0-6; half-point increments|
|Verbal & Quant||130 – 170; 1 point increment||6 – 51 (scaled score)|
|IR||NA||1 - 8|
|Total Score||240-360 range||200-800, in 10 points increment.|
|Verbal Content||Analyses the skill to:
|No. of verbal questions||2||1|
|Types of Verbal Questions||A passage is given where the student answers specific questions (1- 6) which are related to the passage.||The passage has to be read & answer the questions. Often one general conclusion has to draw from this passage.|
|Duration||60 minutes.||75 minutes.|
|No. of questions||40||41|
|Difficulty level||The three sections of GRE is a bit more challenging than the GMAT verbal. GRE tests vocabulary knowledge and in a strict manner.||GMAT Verbal, on the other hand, has an easier exam pattern. The reading comprehension & sentence correction are quite similar in pattern.|
Overall similar to GRE Verbal part but less challenging.
|Basis||GRE Quant||GMAT Quant|
|No. of sections||2||2 includes Quantitative & Integrative Reasoning.|
|No. of questions||The total number of questions is 40 includes 20 questions from each part.||There is a total of 49 questions.|
37 questions come from Quant & 12 questions come from IR.
|Duration||60 minutes (30 minutes for each part)||105 minutes|
Quantitative part: 75 minutes Integrated Reasoning: 30 minutes.
|Quant Content||The main topics are for GRE Quant are:||GMAT Quant:
|Difficulty level||GRE Quant portion includes mainly the numeric entry, MCQs, or the comparison based questions. GRE allows calculators which makes it quite easier than GMAT.||GMAT questions are more critical & tactical to answer as it tests the data sufficiency and problem-solving skills. Especially, the Integrated Reasoning & Data Reasoning part is the toughest part of the GMAT question.|
Also, GMAT doesn’t allow calculators despite being tougher.
Despite certain B-schools not asking for a GRE/GMAT scores, a tad bit more than 90% of candidates tend to incorporate their GMAT scores. Why?
|Almost all the business schools accept the GMAT score||GRE exam is accepted by over 1200 B-schools (Harvard, California State, MIT) worldwide|
|GMAT is directed towards examining the managerial, corporate and professional skills of a candidate interested in pursuing a management program||GRE program is taken for all kinds of masters/PhD programs at top universities and examines similar subjects like GMAT|
|The GMAT exam pattern comprises a grinding quant section which needs extra hard-work, therefore GMAT is more than perfect for the ones aspiring to be a statistician or financial analyst.||GRE exam has a comparatively easier quant section but the verbal section (especially the sentence equivalence & text completion) is pretty complex. |
Therefore, this is more favoured by creative thinkers who want flexibility.
|A high GMAT score is not only beneficial for securing admission in renowned B-schools but is a gateway to work at a famous place too.|
Most of the top-notch companies (McKinsey, Bain, and BCG) prefer candidates for an internship with attractive GMAT scores, as that score showcases their knowledge level about managerial proficiency.
|The main motive behind schools regulating the GRE score for an MBA degree is to diversify their program by widening the pool of applicants – they generally call it a ‘holistic’ approach.|
B-schools are calling candidates from economics, finance, and more distinct backgrounds.
Top educational institutions have differences in preferences in selecting the best candidates. For research or academic-based education, institutions prefer GRE whereas those who want to pursue careers in the business world aim to take GMAT as the qualifying examination. Both the exams have differences in approach. Test takers have to choose consciously before appearing.