With the GRE changing on August 1st, 2011, and an increasing number of business schools accepting the GRE for the application process, we thought it might be a good time to discuss the two to help people make a decision about which test to take.
There are a number of factors that should influence your decision about which test to take. Before we get into those, we’d recommend that your first order of business should always be to contact the admissions office(s) at the program(s) you’re interested in to gather information on how each test is weighted in the admissions process. At present, very little information is given about how the two tests stack up in the admissions process (for example, Columbia provides a link to the GRE Comparison Tool on their admissions website, while Darden at the University of Virginia simply says the GRE is accepted in lieu of the GMAT; neither school, it should be noted, gives any specific info on how the tests are weighted). Given this circumstance, any information you can gather from the programs you’re interested in would be beneficial in informing your decision on which test to take.
So, here are some considerations in deciding which test to take: