More than 190 business schools including 5 of the top 10 global MBA programs accept the GRE test now for admission into MBA Programs. These are China Europe International Business School (CEIBS), Harvard (2+2 Program), Instituto De Empresa (IE), MIT Sloan and Stanford.
Canada's Queen's School of Business, ranked by Business Week as the best MBA in the world outside the United States, also accepts the GRE test. Last month, Harvard business school announced that it will accept GRE score for admission into its 2+2 Program. The HBS 2+2 program is designed to encourage engineering and science students to consider business as a career path.
Business schools feel that accepting GRE test score is an excellent tool to broaden and diversify the candidate pools. Also with the introduction of ETS Personal Potential Index, GRE is gaining popularity for admission into MBA Programs.
David Bach, Associate Dean of MBA programmes at Instituto de Empresa (IE) Business School believes it is the current global economy and the GRE test's inherent ability to support programs' diversity goals that creates the most appeal. "As the financial crisis deepens, new approaches are needed to rebuild global financial systems and to uncover opportunities for creating value in business and society," says Bach.
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