The Value of No GMAT and No GRE Programs
The GMAT, GRE and MAT are standardized tests that educational institutions often require before you can pursue an advanced degree. Each has a specific purpose:
- Graduate Management Admission Test (GMAT) – Designed by business schools to assess the ability of MBA applicants, the GMAT is a computer-adaptive exam that measures verbal, quantitative and writing skills. At a cost of $250 it is the most expensive graduate assessment test, which has led some institutions to start offering online MBA no GMAT required programs.
- Graduate Record Examinations (GRE) – The GRE also measures verbal, quantitative and writing skills but is geared more toward academic subjects. It costs $150 each time you take it (more outside the U.S.) and has many associated fees, such as $50 to reschedule, change your testing center or receive a score review.
- Miller Analogies Test (MAT) – The MAT is a analogies exam that requires broad knowledge of western culture. It tests your understanding of subjects such as art, history, literature, math, music, philosophy and science. It usually runs about $150 depending on your testing center, but the MAT is no longer accepted by many graduate schools (most now prefer the GRE).
While standardized tests certainly have their place, many students – especially adult learners with regular jobs and busy lives – feel that their hard-earned money would be better spent on tuition and living expenses, and their valuable time on studying, work or family. This has made degree programs like online MBA no GMAT required and online master’s no GRE required increasingly popular.