Majority of Business Schools Accept GRE, Survey Finds

A small majority of 265 business schools surveyed by Kaplan will now accept the Graduate Record Examination as a standardized test instead of the (still) dominant test, the Graduate Management Admissions Test. The Educational Testing Service has been encouraging business schools to accept the GRE, and the survey suggests success in that effort. However, a spokesman for the Graduate Management Admission Council, which runs the GMAT, noted that just because business schools are offering the GRE option doesn't mean applicants are abandoning the GMAT. The spokesman said that GMAT registrations in the first seven months of 2011 are 174,933, compared to 164,922 in the comparable period of 2010.