INSEAD, one of the top business schools in the world, has announced that it will be accepting GRE general test scores for admission into its MBA programme, according to Educational Testing Service (ETS).
"INSEAD provides a direct source of highly talented and creative leaders from a variety of cultures and undergraduate disciplines to the global economy," said Caroline Diarte-Edwards, Director of Admissions and Marketing & Financial Aid, INSEAD. "By accepting GRE test scores, we are able to open the door to greater diversity and attract those individuals who may not have otherwise thought to apply their special skills as tomorrow's business leaders and entrepreneurs."
The announcement from INSEAD has come when there is a significant increase in the number of business schools that are accepting GRE General Test scores, including many of the world's most highly ranked MBA programmes.
About 450 MBA programmes worldwide now accept the GRE test, including 45 percent of the US News & World Report's top 100 US programmes and seven of the top 10 global MBA programmes, according to The Financial Times.
Because of the significant increase in the number of business schools accepting the GRE test score, the yearly survey of business schools conducted by US News & World Report for the first time collected GRE test data.
"The trend among business schools of accepting the GRE General Test has extraordinary momentum," said David G. Payne, VP and COO for College and Graduate Programmes at Educational Testing Service (ETS). "Clearly, business schools see the value of tapping into the kind of large and diverse candidate pool that the GRE test provides."
The interest in the GRE General Test among business schools and students is expected to get a grow higher next year with the launch of the GRE revised General Test in August 2011.
"The changes included in the GRE revised General Test are more aligned with the skills that students need to be successful in today's demanding graduate and business school programmes," explains Payne. "The revised test has many new test-taker friendly features that will surely attract students, including those considering an MBA degree."