Wednesday, April 4, 2018

GMAT To Be 30 Minutes Shorter - Poets&Quants

As more students opt for the GRE or take both tests, GMAC has announced it will shorten the duration of the GMAT 30 minutes, reducing the time it takes to complete the test to three and a half hours

The Graduate Management Admission Test (GMAT) will soon take less time to complete. The Graduate Management Admission Council, which administers the exam, announced today (April 4) that it will shorten the length of the notoriously arduous test by 30 minutes beginning this month, down to three and a half hours from four. In what is probably no coincidence, the Graduate Record Examinations — the test more B-schools accept every year as a substitute for the GMAT — currently takes three hours and 45 minutes to complete.

Yes, beginning April 16, the GMAT will be 15 minutes shorter than the GRE. Have the duration wars begun?

“We are always looking for ways to help build candidate confidence and streamline the test experience, all with one goal in mind — to help GMAT test-takers do their very best on exam day,” Vineet Chhabra, senior director of product management for GMAC, said in a news release that made no mention of the GRE. “We believe candidates will have less anxiety and feel better prepared, which can contribute to a better reflection of their true performance on the exam.”

THE UNDENIABLE RISE OF THE GRE

While GMAC did not mention its rival in the announcement, its decision to shave half an hour off the GMAT’s duration looks like a response to the growing influence of the former test. That influence is undeniable. A Poets&Quants analysis of 50 of the leading business schools over the last three years shows that most have increased the number of MBA candidates they accept who submit GRE scores. In 2015, eight schools admitted 20% or more of their students this way; in 2017, that number ballooned to 23 schools. Last year, 12 schools showed a negative year-over-year trend in GRE admits; this year that number shrank to seven. (See a complete chart of GRE admit percentages and trends on the next page.)

Top-tier schools may be GMAC’s best bet to maintain the supremacy of the GMAT. The further down the list of top schools you go, the bigger the GRE admit percentages. Among the very elite, the University of Michigan Ross School of Business leads with 19%, followed by MIT Sloan School of Management’s 18%. Last year just one school, Boston University’s Questrom School of Business, had more than 40% of admits who submitted GREs; this year there are three, all in the lower tier, led by 45% at both Ohio State University’s Fisher College of Business and the University of Texas-Dallas’ Jindal School of Management. The University of Illinois at Urbana-Champaign (41%) also cracked the threshold; meanwhile, Boston Questrom (29%) was one of a few schools to backtrack, along with notables like UC-Irvine Merage School of Business (20% to 14%) and SMU Cox School of Business (35% to 20%).

Another way the GRE is creeping up on the GMAT: More schools are reporting their GRE admit percentages — though several big-name schools continue to refuse to do so. This year for the first time, Harvard Business School (12%) and UC-Berkeley Haas School of Business (10%) reported GRE admits to U.S. News & World Report, while University of Chicago Booth School of Business and Northwestern University Kellogg School of Management continued their silence.

Most schools haven’t dumped the GMAT altogether — though it certainly hasn’t escaped GMAC’s attention that a few have. Recently we learned of another approach: skipping both tests. That’s something Michigan State University’s Broad College of Business has decided to try.

THE CHANGES THAT SLIMMED DOWN THE GMAT

In its announcement on the shortening of the GMAT, GMAC stressed that the change was a “candidate-friendly” move designed to “enhance the test-taking experience.” The quality of the exam, GMAC says, will remain unchanged in terms of reliability, validity, security, and integrity. Nor will the change affect GMAT scores retroactively: scores before and after the change, GMAC says, “will be the same and comparable across time.”

GMAC cut 30 minutes fun the GMAT by “streamlining” the two longer sections of the exam, the Quantitative and Verbal Reasoning sections, reducing the number of unscored, research questions in those sections. Additionally, several tutorial and instruction screens that test-takers see at the test center have also been simplified. However, there are no changes to the exam’s Analytical Writing or Integrated Reasoning sections. The way the GMAT exam is scored, the content of the exam, the question types, and the average time per question are not changing, GMAC says.

“Through our ongoing market feedback and operational reviews, we were able to identify this opportunity to shorten the exam, without changing its reliability,” Chhabra said in a statement. “This change will not affect GMAT exam scoring as the number of scored questions will not change. The scoring algorithm will be the same; the Total Score and individual Quantitative and Verbal section scores will be comparable to the exams taken prior to this change. There is no action or change required on the part of business schools and universities. We are providing candidates with a better testing experience, while providing business schools with the same high quality, fair and reliable scores.”

DON’T MISS AVERAGE GMAT SCORES AT THE TOP 50 BUSINESS SCHOOLS and HIGHEST AND LOWEST GMAT SCORES AT THE TOP SCHOOLS 

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