Business Schools are accepting the GRE as the default psychometric test in their application process in recent years.

Short Answer: it is up to you the choice. In my humble opinion and experience, if your application stands out among the others, having the GRE or the GMAT in your portfolio doesn't make any much difference having, of course, a GRE score \(\geq\) 80 percentile

Please refer to our guides Average GRE Scores by School - Top 40 MBA Programs and The GRE average score at Top 25 Business Schools (2022) Ed to have all the necessary information about the average score for each Business School!!!

When a comprehensive confrontation between the two exams comes into the picture, one could discern several opinions in favor or against one of the exams. We can summarize them as follow:

• More than five hundred thousand (500,000 ) students take the GRE vs. more than 2 hundred thousand (200,000) students take the GMAT.
  The very first consideration we might say is that in the past year's several shares market has been eroded by GRE to the detriment of the GMAT, this for several reasons such as aggressive strategy, a cheaper exam, a very handful website and easy to register-process (with relative outstanding assistance) among others by ETS. Yet, of course, nothing is far perfect in the GRE land: in my opinion, one of the weakest points of this exam is far fewer questions provided to the students (both free and on charge) for practicing. Plenty of GMAT resources outstrip in numbers those provided for the GRE.
  
  
• The GRE is suitable for Master's Degrees AND Business Schools vs. GMAT mainly for Business Schools.
  Under this light, GRE certainly has an advantage over the GMAT. However, we know that the GMAT is universally accepted for the BS's application ( more than 6,000 business programs and 2,1000 Institutions). Still, the other way around is not true; I.E., GRE is away far from this stage. Nonetheless, a duopoly is better than a monopoly.
  
  
• The GRE is cheaper than GMAT
  We have a substantial difference in price between the two: GRE $ 205 vs. GMAT $ 250. This is not a minuscule difference in price for students.
  
  
• Enhanced Score Report
  According to ETS, The FREE GRE® Diagnostic Service is designed to help you understand your performance on the Verbal Reasoning and Quantitative Reasoning test questions sections of the GRE® General Test so that you can do better the next time. The service includes the types of questions you answered correctly and incorrectly, organized by skill area, and the difficulty level and time spent on each question.
  It is available approximately 15 days after the exam, and it is FREE. The ESR is one of the most powerful tools a student might have to improve his/her score for the second, third........\(n^{th}\) attempt of the GRE, it basically gives you a glimpse into your performance, your weaknesses, and strengths: I.E., what went well during the exam and, most important, what went wrong!!! I have been quite surprised when many students were not aware of this service provided by ETS. Without delving into the details, take a look at our FREE analysis service of the report we have here at GRE Prep Club GRE® Diagnostic Service - Your report analyzed by the GRE Prep Club. On the other hand, the GMAC offers this service, which is quite good in its data, to be honest, for $30 US dollars GMAT™ Enhanced Score Report. This is another important component to evaluate when you need to choose between the GRE and the GMAT.
  
  
• The way to go
  If you are stronger in math than verbal, go for the GMAT. If you are stronger in verbal than math, go for GRE. If you are strong at both, go for GMAT. This is a rule of thumb. As for the score: GRE, the combined score ranges from 260-340 and GMAT from 200-800. GRE Total time 3 hours and 45 minutes vs. GMAT 3 hours and 40 minutes. A well-combined score is for GRE 327 and the GMAT 700

That said, eventually, the GRE is more for those students who have good or excellent critical reasoning skills but, at the same time, are more eclectic in their expertise, more academically minded. The GMAT has a strong and analytical focus. Students with strong math skills and who want to attend a graduate program that values these mentioned skills should go for the GMAT rather than the GRE.

The statement above brings us to important considerations to have the right pick: GRE or GMAT.

1) GMAT vs GRE for MBA Admission

Basically, we should wonder if we want one or the other to pursue an MBA or another program such as literature or social science. Even though we know that the GRE is now accepted without any reservation even in the Ivy League and is totally up to us the final choice, the short answer is ultimate: the GMAT for an MBA is still the gold standard. However, that does not mean the GRE is easy. It is easier than the GMAT—subtle difference but pivotal.

The GMAT is the standard entrance exam for MBA admission, and it leaves no room for interpretation, especially a great GMAT score, about your ability, especially on the quant side. The GMAT, moreover, could put you under the spotlight for a possible scholarship, and how much are you serious about your intentions to attend that BS. The GMAT has far more prep official material than the GRE in a rough ratio of 1:7. I.E., for every official GRE question, we do have 7 GMAT official questions.

On the flip side, the GRE is easier. The exam format is also easier because it is still an adaptive test but on a section base, NOT a question base. This makes the GMAT inherently more difficult. On the GMAT, you cannot skip a question. You must go one by one, one question after one question, until the end of the exam. On The GRE, you can navigate the section at your convenience, leaving a question to solve later. This is also an advantage of the exam because you can customize your exam strategy for a higher score and achieve that one good enough to get admitted to the School of your dream without the herculean effort of a GMAT score above 700.

If you’re considering other graduate programs besides MBA, you may need to take the GRE.

Another important GRE advantage is that the exam has no attempt cap. You can take the GMAT ONLY 8 times in your life. No exceptions to that. This is a new, very stringent policy introduced by GMAC some year ago, which frankly is one of the main reasons for the GRE rise. There’s no lifetime limit on GRE’s, so you can take as many as you want until you achieve your score goal (there is still a 5 per year limit).


2) GMAT vs GRE: the structure

Put in simple terms: the GMAT is unfriendly. It is truly your enemy. A pure CAT exam to the core. Adaptive, adjusting the level of difficulty of the next question accordingly whether you did pick the previous one right or wrong. No possibility to skip a question or flag it to solve later in the exam. No calculator at your disposal. It is conceived to make you nervous like a violin's chord. Unpleasant yet beautiful as a test. To make things even weirder, in the home edition of the exam, during the pandemic of Covid-19, you had a strange on-screen board to make your scratches, which required another degree only to use proficiently.

Under this light, the GRE is far more like a paper-based test even though at the computer screen. You can make all the moves you cannot do during the GMAT. This is a huge positive scenario to leverage in your favor.


3) GMAT is harder than GRE

Quite simple: Yes!!! Hands down.
The GMAT is a constant conundrum, at least in the medium-upper difficult range. The GRE is more a pure math test with some twists and turns that could surprise you and put you out of balance but nothing to forecast an ambush. Instead, GMAT questions could be fierce; you could stay to stare at the monitor for hours, having no idea even how to approach the question but some number to pick.
Let dive in brief into a comparison between the two lines of questions the tests propose to you.

• Data Sufficiency vs. Quantitative Comparison Question
  There is no battle here; aside from certain QCQ of level 5 really nasty, we cannot compare the two formats.
  What makes DS really challenging even for the most skilled tutor is its unique feature of abstractness. DS questions do not have values/numbers given as answer options, making them harder to solve because you cannot leverage the answer options. In many cases, depending on Math concepts alone will not be sufficient to answer the question. Because of all this, the going gets tough if you rely on Math alone to help you solve a DS question (which is the bane of many students who face difficulty solving DS questions). Due to this reason, DS questions are a little like Critical Reasoning questions. You need to put on your reasoning hat along with the Math one. Also, it has 5 answers that make an educated guess just 20%right pick's probability pick.
  QCQ instead has only 4 answers, and the probability rises to 25%—a boost. But aside from that, QCQ is more straight and quite flat. Not easy, and they might quite tricky but at the end of the day is math. Not so many shortcuts. Among them, I found very tricky the geometry ones.
  
  
• Problem Solving vs. Problem Solving and MAC
  The two formats are similar, if not identical, aside from the fact that the MAC on the GRE are PS where more than one answer could be correct, but the strategy and the approach in solving the question do not change. However, on the GMAT, the stems are longer and intricated.
  
  
• Numeric Entry is a unique format of the GRE. Eventually is a PS without the answer choices. So you cannot use strategies such as back solving or using the answer choice to reach the solution. However, after all, it is a PS, pure and simple!
  
  
• Integrated Reasoning vs. Data Interpretation
  The first one resembles a more professional chart we might encounter in the office or elsewhere if we work for a tech giant company or a small firm. Not so complicated, but neither easy. They often the time are written like a CR in disguise.
  The GRE version resembles more a classic bar chart or pie graph but could be challenging for the stem's length. More or less, we are on par!!
  
  
• Reading Comprehension
  On both the exam, this section is the same. The passages are intricated and dense in details. They could kick a lot of persons out. Challenging but in my opinion on the GRE are a smidge intricated and difficult.
  
  
• Critical Reasoning
  More difficult on the GMAT. The stimulus is longer and with more twists. However, on the GRE, some of them are challenging.
  
  
• Sentence Correction vs. Text Completion and Sentence Equivalence
  The first one is very tricky, but if you use logic, common sense, and a good grasp of grammar coupled with the possibility of scanning the question vertically and comparing them can be a game-changer.
  On the GRE, instead, you must have a strong vocabulary and NOT only that. The questions can be tough to grasp in their shift and turns. Moreover, they are long, and the fact they have a blank just when you are already in a difficult time grasping the meaning is a razor edge. Do not believe who says that a good vocabulary will make your life easier during the exam. They probably never got in a Prometric test center!!!