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  March 2009
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   Recent Entries
Here comes the new OG
GMAT gearing up for change
GMAT-GRE Comparison Tool: An Update
FT MBA 2009 rankings released
Free “Pre-MBA” Leadership Program at Yale SOM
Economic uncertainty causes a beeline for business schools and the GMAT
Calling for SAT and GMAT for the rest of the world
Writing “Purposefully, powerfully, persuasively”
Odd one out
Combating test-day anxiety
Combating anxiety: the day before the test
EIU ranks business schools
Tips to reduce GMAT anxiety
The most coveted B-schools
You are never too old to take the GMAT
HBS launches a deferred MBA program for college undergraduates
Does the GMAT need to evolve?
B-school admissions websites usability ranked
goofoftheday.com
GMAT vs CAT
Bemused by B-school rankings
New Identity Verification Systems to be Used on the GMAT
Student enroll in online courses to cope with rising gas prices
Offical Guide makes the bestseller list
2007 vs 2006
HBS Exec Ed comes to India
Taking a peek at the future GMAT
MBA Lucre
Yet another cheating scandal
Look before you leap
Tell a friend about this!
 
GMAT-GRE Comparison Tool: An Update
3/12/2009


An update on the earlier-reported GMAT-GRE score comparison tool developed by ETS.

Stung by being passed over by GMAC for administering the GMAT exam, ETS has been trying to develop its own answer to the GMAT. On the other hand, it has been reported that GMAC folks have indulged in their own furtive lobbying for keeping the GMAT the gold standard for MBA admissions to most business schools.

While ETS marches on in its quest to come up with a GMAT-killer, it came out with this score comparator probably as an interim stop-gap solution. But the proof of the pudding would have been in getting hoardes of B-schools to use this tool and accept applicants’ GRE scores on the basis of the GMAT-equivalent score churned out by this tool.

Even though reputed schools like Sloan accept GRE scores, most schools have not followed suit. First, the cost of taking the GMAT test is a non-material cost compared to the stratospheric MBA tuition fees, so the lower cost of taking the GRE is just not incentive enough. Second, it seems schools have more faith in the statistical analyses that are touted by GMAC for a direct correlation between GMAT scores and performance in the MBA program.

So you have a good GMAT score and hence you’ll do better in business school – this is a compelling argument for most business schools to stick to the GMAT and concentrate their efforts in improving recruitment, interviews, and other checks and measures in their admissions process.
 
 










 
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