Each year Kaplan conducts an annual survey of business school admissions officers. This year’s survey of admissions officers at 260 of the nation's top business schools as rated by U.S. News & World Report, including 17 of the nations most selective MBA programs revealed:
- More than two-thirds of business schools surveyed reported an increase in applications this year compared to last year.
- 44 percent of admissions officers listed a low GMAT score as the biggest “application killer.”
- 28 percent of business schools surveyed reported an increase in the number of applicants they are accepting directly from college.
- Half of the business schools surveyed reported seeing an
increase in the number of applicants who report they are currently
unemployed.
Recently some of the nation’s most selective business schools have begun accepting the Graduate Record Exam (GRE) in lieu of the Graduate Management Admission Test (GMAT) as an
admissions requirement, however, few schools indicate they are likely to follow
suit. The Kaplan survey found that nearly a quarter (24%) currently accept the GRE, of the remaining GMAT-only schools, only 4.3% say they are considering opening their admissions
policies to the GRE.
What’s the take home message? With more applicants, B-school admissions likely is becoming more challenging. Your GMAT score is even more critical to admission to B-school.
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