GRE® or GMAT® ?

Which should you take?

Many schools are accepting both the GRE and GMAT exams now. MBA programs, including those at Harvard, MIT, Instituto de Empresa, and CEIBS, accept the GRE test for admission, in place of the GMAT. Similarly, many Master's programmes are accepting GMAT scores in place of the GRE.  

It is important that you check with the school you are applying to see which test is accepted.
Take a free GMAT practice test or free GRE practice test in order to assess your level/skills.

Below is a table for a quick overview of the differences between the two exams:

Who Requires it?Required test for admission to most business schools and some graduate schools.Required test for admission to most graduate schools and a growing number of business schools.
Test StructureAnalytic Writing: 1 essay: 30 min.
Integrated Reasoning: 30 min.
Quantitative: 75 min.
Verbal: 75 min.

TOTAL: 3.5 Hours
Analytic Writing: 2 Essays: 30 min. each
Quantitative: 2 sections: 35 min.
Verbal: 2 sections: 35 min.
Experimental section: either math or verbal. (not scored)

TOTAL: About 4 hours
Test FormatComputer-adaptive test.Computerized multi- stage test
ScoringOverall score ranging from 200-800, in 10 point increments; plus sub scores for each individual section of the test.The Verbal and Quantitative scores ranging from 130 to 170 in 1-point increments. The essay is scored from 0-6 in .5 point increments.
Key DifferencesQuantitative section more difficult.English vocabulary strongly tested.
Price$250 +VAT$195 +VAT
What does this mean?

For MBA applicants, if you already hold a GRE score, you may not need to take the GMAT in order to get into certain business schools. Similarly, if you are daunted by the GMAT and think the GRE might be easier for you, then you may have the choice of doing either test, depending on which programs you are targeting.

Still Can't Decide?

If you need help deciding which test is best for you then speak to the admissions advisor at the school you are applying and check which test is required. If you have the choice of taking either test, you should make a decision based upon your own strengths.