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GMAT vs. GRE: The Ultimate Choice for MBA


GMAT vs. GRE: The Ultimate Choice for MBA

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%. 

GMAT vs GRE Acceptance rate
Both these entrance exams are like career booster. These exams land you in the best graduate schools or business schools in the world. All these universities shape up the career graphs for future prospects. Mostly these exams enhance the skills of the entrepreneurs. In today’s world, an individual switches his or her career as per the need of the industry. 
GMAT vs GRE Career Goals

GMAT vs. GRE: Basic Differences

BasisGREGMAT
MeaningGRE 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 PatternGRE exam syllabus has mainly three sections i.e. The GMAT exam pattern has four major divisions’ i.e.
Syllabus ContentAnalytical writing:
  • Time allotted: 60 minutes
  • Tasks: 2 essays
Quant & Verbal:
  • 2 sections consisting of 20 questions 
  • In total 80 MCQs
Analytical writing:
  • 1 - 30 minutes essay.
IR:
  • 12 questions
Quantitative section:
  • 75 minutes for 37 questions
Verbal section:
  • 41 questions
Computer-adaptive NoYes, the second question depends on the performance level of the first
Duration3 hours & 45 minutes3 hours & 7 minutes.
Exam FeeGRE exam fee is $ 205.The GMAT exam fee is $ 250.
ValidityGRE score validity is 5 years.GMAT score validity is 5 years 
Total no. of questionsMCQs: 80;
Unscored research section: 20
90

GMAT vs. GRE: Scoring differentiation

BasisGRE ScoreGMAT Score
Analytical Writing0 – 6; half-point increment0-6; half-point increments
Verbal & Quant130 – 170; 1 point increment6 – 51 (scaled score)
IRNA1 - 8
Total Score240-360 range200-800, in 10 points increment.

GRE vs. GMAT: Verbal

BasisGREGMAT
Verbal ContentAnalyses the skill to:
  • Understand the passage, 
  • Draw a conclusion, 
  • Summarize,
  • Identify the main points & meaning of the words, 
  • Sentences & overall passages
Analyses the:
  • Ability to understand the writing material, 
  • Evaluate it, 
  • Answer the questions after reading the passage, &
  • To correct the errors 
No. of verbal questions21
Reading Comprehension
Types of Verbal QuestionsA 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.
Text Completion:
  • Passage composed of 1 – 5 words with 1 – 3 blanks for placing answers. 
  • Students have to choose the appropriate word and fill up the blank. 
Critical Reading:
  • 1 short passage of 2-3 sentences followed by a question.
  • This portion is similar to the reading comprehension part, unlike it is shorter.
Sentence Equivalence:
  • 1 sentence
  • 1 blank
  • 6 answer choices
  • Candidate has to choose two words from the options 
Sentence Correction:
  • There are five options of the wording of a sentence. 
  • Candidate has to answer which question is correct.
Duration60 minutes.75 minutes.
No. of questions4041
Difficulty levelThe 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.

GMAT vs. GRE: Quant

BasisGRE QuantGMAT Quant
No. of sections22 includes Quantitative & Integrative Reasoning.
No. of questionsThe 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.
Duration60 minutes (30 minutes for each part)105 minutes
Quantitative part: 75 minutes Integrated Reasoning: 30 minutes.
Quant ContentThe main topics are for GRE Quant are: GMAT Quant: For GMAT Integrated Reasoning section-
Difficulty levelGRE 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. 

GMAT vs. GRE: Preferences of B-Schools

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?

  • GMAT conducted by GMAC exclusively examines a candidate based on their managerial skills needed for an MBA degree - Therefore it is an MBA oriented exam.
  • GMAT is solely for MBA programs, therefore, faculties cannot determine the skills that an MBA aspirant possesses if they submit their GRE scores as GRE is meant for all kinds of masters/PhD programs and not particularly for management.
  • There was a survey conducted by Kaplan Test Prep showed that 25% of B-schools prefer GMAT over GRE.
  • It may happen that schools convert the submitted GRE scores to that of GMAT, as the latter has been preferred by the schools for a prolonged time (in case of business programs).

Future Prospects of MBA: GMAT vs. GRE

GMATGRE
Almost all the business schools accept the GMAT scoreGRE 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 programGRE 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.