What's The Best MBA Test in 2024? (GMAT vs GRE)
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- เผยแพร่เมื่อ 7 มิ.ย. 2024
- Should you be taking the GMAT or GRE in 2024 for MBA admission? The times, they are a changing - at least a bit - with the new GMAT Focus threatening to shake up the MBA admissions game.
But ignore that for now. If you're choosing the right test for you there's a whole lot of noise to cancel out. Angela Guido is here to make the choice as simple as it can possibly be.
#mba #gmat #gre
MBA 101: GMAT, GRE and MBA Tests - • MBA 101: The GMAT, GRE...
DO NOT TAKE THE NEW GMAT FOCUS (yet): • DO NOT TAKE THE NEW GM...
MBA Adcom on Your GMAT Score: • MBA Adcom Spills the T...
GMAT/ GRE Score Converter: careerprotocol.com/gmat-gre-c...
00:00 Don't Fall for BS About MBA Tests
03:28 More Information
04:05 An MBA Test Tale by Angela Guido
07:55 The Moral of the Story
08:54 How Things Are Changing for MBAs
10:09 "Please listen to me"
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Ignore the suggestion in the video that it is still January. It is, in fact, March. You slept through February, sorry 🤷
lol
Thanks for the video. I’m gonna take a second look at the GRE. I took practice tests for both and liked gmat a little better (similar scores for both) but I’m not sure I can hit the average in time for GSB round 3. I toured them last weekend and fell in love with the program. Shot in the dark but I have a really unique background and wanna give it a go. Thanks for the videos!!!
Thank you Russell! Definitely give it a shot - good luck!!
@@CareerProtocol Thanks again for the video! Just scored a GRE 326 (159Q 167v) Makes sense cuz I’m an English major. Not sure if adcoms will be more or less critical of my quant score because my background is in humanities but I’ll take it one more time in 3 weeks and see if I can bump it up a few points. ❤️
Hi, Is it same for all graduate programs that require a GMAT/GRE score or is the ranking thing only for MBAs? I'm trying to apply for master degrees in accounting and I have to choose between one. And thanks for the video!
Hi Angela, thank you for this video. You did mention that lower GRE is better than lower GMAT, but what about the other way around? How would you compare a 760 GMAT to a 335 GRE? Will adcom prefer the 760 GMAT?
The arbitrage opportunity will likely vanish in the coming years with the new tests and score calibration and the rankings moving to put the two tests on par as opposed to prioritizing the GMAT, but I also expect that schools won't be fast to abandon the strategy they've employed the last few years. I think you probably have one or two years left where a higher GMAT helps more than a higher GRE. But as always, take the test that you can do the best on.
Hi Angela, what is the advantage of taking the GMAT if you believe you are a good test taker? Because it looks like a riskier option and you never really know how good you are until you’ve put in some hours of study and done some mock tests… Thank you!
Hi Raquel! In our experience, study and practice will help you add around 100 points to your GMAT (this held for the old version, and we expect similar for the new - there's just not much data yet), so if you take a practice test out the gate (free on their website!) it should give you a clue on where you're likely to end up if you were to commit yourself.
The advantage is that schools want the highest average possible so prefer to admit candidates with higher GMATs. For good test takers, this increases their chance of getting in.
Hi Angela, this is Biraj from Nepal, just gave my IELTS, and now planning to study MBAn @usa, and luckily i found this video, will subscrbe the channel, big thanks. Anyways, does GRE has the same impact on MBAn?, like you mentioned for MBA in the video.
Wherever a school asks for standardized test scores, they will care about it as a measure of your abilities. In the case FT MBA programs they also have to monitor their averages for the rankings. Alternative programs have less pressure from rankings, so the primary use is to calibrate your abilities.
Should I take the GRE even if I hit the exact GMAT average of my target MBA program?
Hey! Regardless of the reasons for/ against the tests, if you've already committed to one then it wouldn't make sense to switch and undo any prep you might have done if you're already at the average. Best to focus on the rest of your application! A bad GMAT score keeps you out but great essays and interviews will be the things that get you in
Why do schools not have to manage their average GRE?
The average GRE of students at a given school still to date has LESS impact on the school's overall rank in the ranking lists than the average GMAT does. That means they can afford to have a lower average GRE, which means they can afford to admit people who are otherwise strong but have weaker GRE scores. They have to be a bit more judicious around GMAT scores because of this rankings issue despite the fact that they know (or should know) that the GMAT is not a good predictor of post-MBA success. This article: careerprotocol.com/gmat-gre-converter/ (though not yet updated for the new tests) makes this point very clear in the data.
would it be more valuable to take computer science boot camp or masters than MBAs in these days?
One would think that would depend if the goal is to go into computer science or business! Business school is a tool to get you to where you need to be - so check out the class profile of schools you might be interested in to see where MBAs end up. If your goals align, then an MBA is a great option to accelerate your journey there (depending, of course, on the specifics of your prior experience, network, geography etc.)
@@CareerProtocol Took both GRE and GMAT. In my first year of MBA, just finished a semester and felt I learned nothing. Courses seemed useless. Just applied for Master's in Computer Science at our school and quit MBA. Believe that business knowledge can be found online or through AI like GPT, but foundational Computer Science and Engineering need systematic study. Agree on taking GRE for more options in Science or Engineering-focused Master's programs. Noted MBA costs equal 1.5 to 2 years of Engineering School. Thanks.
@@hhkk2742 thank you so much for leaving a feedback, it made me reconsider a lot. I’m happy you were able to find the right program for you.
I’m currently at similar crossroads and would really love to talk privately, of course at your own convenience.
I have plateued my score in GMAT mocks 610-620 but got 311 (162 Q 149 V) on Kaplan cold mock of GRE. Which test to take ??
GRE 100%.
Thanks for the information @@CareerProtocol