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GMAT (The Graduate Management Admission Test) is a computer adaptive standardized test in mathematics and the English language for measuring aptitude to succeed academically in graduate business studies. Business schools commonly use the test as one of many selection criteria for admission into an MBA program. However, there are many business schools that also accept GRE scores.

The following are criteria of certain business schools:

* U Penn-Wharton School: Official test scores for the GMAT or GRE tests.
* Stanford: Finance - The GRE is preferred, although the GMAT will be accepted.
* NYU-Stern School: The GMAT is strongly preferred, but scores from the Graduate Record Examination (GRE) will also be accepted.
* U Chicago: For Economics - the GRE is required. For Finance - the GRE is preferred; GMAT is acceptable. For all other areas - the GRE or the GMAT are accepted.
* Ohio State-Fisher - The GMAT is required however scores from the Graduate Record Examination (GRE) are eligible for review.
* Berkeley-Haas: Without exception, all applicants to the Haas Ph.D. Program must submit official scores of either the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination.
* Columbia Business School: Accepts GRE test scores in place of the GMAT, only if applicant has not taken the GMAT within the last 5 years.

In comparison with GMAT's emphasis on logic, GRE measures the test-takers' ability more in vocabulary. This difference is reflected in the structure of each test. Despite the Analytical Writing section in common, GRE has analogies, antonyms, sentence completions, and reading comprehension passages in Verbal section, while GMAT has sentence correction, critical reasoning and reading comprehension.

Also, higher mathematical ability is required in GMAT to get a good score. The GRE is more appealing to international MBA students and applicants from a non-traditional background.
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