If you're preparing to apply to business school, you've probably discovered that many programs are now accepting both the GRE and the GMAT. And it's not just limited to MBA programs – this includes specialized master's and doctoral programs in business, too.

That's good news for B-school applicants, since it's always helpful to have a choice when sending in test scores. Think of it like when you applied for college and had to decide whether the SAT or ACT would be a better reflection of your abilities and skills.

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