Accepted by more than 3,000 institutions worldwide, including Harvard University and the Massachusetts Institute of Technology, for admission to post-graduate programs in all disciplines including business studies, the Graduate Record Examination (GRE) revised General Test is the most preferred admissions test in the world.
The GRE was created by Educational Testing Service (ETS), the largest educational testing company in the world, and was first administered in 1949. Since then ETS has made many improvements. The most significant changes were made in 2011. These include the implementation of a new scoring scale, the elimination of certain question types, the addition of an online calculator, and the elimination of question-by-question adjustment in favor of section-by-section adjustment. The new test, called the GRE revised General Test, replaced the older one on August 1, 2011.
The GRE measures your ability levels in reading and writing in English and in solving problems in Math.
In contrast to the use of the scores on other standardized admissions tests, such as the LSAT and MCAT which are more specific to a line of study, the use of GRE scores varies from school to school and even from department to department. Arts programs may consider the verbal score to be more important whereas science and math programs may consider the quantitative score alone. However, since most applicants to science and math programs have high quantitative scores, admissions officers may choose to use the verbal scores of the applicants as a deciding factor.
It is important to remember that admission to graduate school depends on a complex set of factors and the weightage given to each of those factors by admissions officers. In order to find out the importance given to the GRE by the specific program that interests you, contact the person in charge of admissions to that program instead of contacting only the general admissions office of the graduate school.