Thursday, March 19, 2015

MBA in USA without GMAT



MBA from the United States is perceived by many to be the most valuable in terms of career development and salary. It's no secret that an MBA degree can increase your earning power. A recent survey by the Graduate Management Admissions Council (GMAC) reports the potential for an immediate 40 percent increase in annual salary, depending on students' current and future jobs.



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How to join MBA college in USA without GMAT?
Almost 80% of the USA universities require GMAT for entry into MBA program. 20% USA universities accept students without GMAT scores in MBA program. The student is advised to research each institution and acquire an understanding of their entrance requirements.
MBA Programs With No GMAT Requirements
For those not eyeing for an MBA in top Business school, there are well known programs that do not require GMAT scores. For example, National University does not require any test scores at all for any baccalaureate degree holders with a 2.5 GPA or better. Test scores will be helpful for those with a lower GPA. University of Phoenix simply requires a 2.5 GPA with no test requirements for any of their graduate programs. Monroe College in New York requires 3.0 GPA in the Bachelor’s degree. Liberty University in Virginia requires 2.5 GPA and admits students with low level of English skills in their ESL program. Stevens-Henager College, Globe University, Eastern Washington University, Western International University and Stratford University are few of the institutions that do not require GMAT as the pre requisite for admissions into their MBA program.
Students who are considering MBA programs that do not require a standardized test should look carefully at each program's accreditation, academic rigor, and reputation. In general, there should be a minimum undergraduate GPA requirement to make up for the lack of a test requirement. Also, students who do not perform well on tests in general should note that graduate programs always require at least a 3.0 GPA for graduation. Anything below would be grounds for academic probation or dismissal.
Work Experience for GMAT
Some top Business Schools in USA accept students with work experience without GMAT Score for their Executive MBA (EMBA). To be eligible for EMBA program, one should have 5+ years of work experience. You will also have better chance to get admission into MBA program if your company is sponsoring you. Further, adult learners with regular jobs and busy lives – feel that their hard-earned money would be better spent on tuition and living expenses, and their valuable time on studying, work or family. GMAT score requirements are lower in the Business schools for their part time MBA programs.

Online MBA Degree with No GMAT Required: Program OverviewsThe question arises in the mind- which schools offer online MBA degree programs and do not require GMAT for Admission? There are some schools, however, that do not require the GMAT for admission. In some cases, MBA programs that do not require the GMAT, administer entrance exams of their own. Below are 5 schools that offer online programs without GMAT.

Auburn University: Auburn University, in Auburn, Alabama, offers an online MBA program for doctors that does not require admissions testing. The Physicians Executive MBA at Auburn University was developed for experienced medical professionals who want to increase their skills and specializations; the online program takes longer than the on-campus program. Over 1,100 students have graduated from Auburn University's online MBA program.

Oklahoma State University:Oklahoma State University, in Stillwater, OK, offers an online MBA for dentists that requires the Dental Admission Test, but not the GMAT. The dental MBA program is a 36-credit program designed to help dentists better manage their offices and finances. The program benefits dentists who need to work full-time while taking classes.

Northeastern University: Northeastern University, in Boston, Massachusetts, does not require the GMAT, but the program does require students to have several years of business work experience before applying. Northeastern University's executive MBA program is a part-time program that can be completed entirely online. Students can specialize in a number of areas, including finance, general management, health care management, high technology management, innovation entrepreneurship and international management, among other areas

Colorado State University: Located in Fort Collins, CO, Colorado State University grants GMAT waivers for students with at least eight years of career experience and a minimum 3.0 GPA during the last half of their undergraduate college program. In the Colorado State University online MBA program, the on-campus classes are taped and mailed to students the next morning, allowing them to experience the course as if they were in the classroom. Students receive the full lecture, PowerPoint slides and class discussion and students can complete the class in anywhere from 21 months to 5 years.

No GMAT? No Problem, Harvard Says (Source: Business Week)
Harvard Business School (Harvard Full-Time MBA Profile) announced that it will no longer require MBA applicants to submit GMAT scores. Starting with the applications for admission to the Class of 2012, HBS will allow applicants to submit either GMAT scores or GRE scores. The news makes Harvard the latest in a series of top tier business schools to make the change. In 2006, both Stanford (Stanford Full-Time MBA Profile) and MIT’s Sloan School of Management (Sloan Full-Time MBA Profile) permitted the GRE for applicants to their MBA programs. The policy, while common among Executive MBA programs, is still the exception at top-ranked full-time MBA programs, although it’s unclear just how much longer that will be case now that Harvard has made the change. Harvard’s acceptance of the GRE is a big win for the Educational Testing Service, which administers that test. About 18 months ago, ETS took aim at the lucrative business school market dominated by the GMAT, launching a marketing campaign suggesting that switching to the GRE would result in more applications. The GMAT, which generates about $80 million a year for the Graduate Management Admission Council, is used by more than 4,000 graduate management programs worldwide. Deirdre Leopold, managing director of admissions and financial aid at HBS, said the GRE was allowed to make the application process easier for applicants considering graduate programs other than the MBA. Since many HBS applicants are also considering graduate programs besides the MBA, there is now no need for them to take the GMAT if they have already taken the GRE. We believe that both the GMAT and the GRE meet our expectations of what a standardized test can tell us about a candidate's ability to thrive in our MBA program. From the test-takers perspective, one big advantage the GRE has over the GMAT is price: the GRE costs just $150, versus $250 for the GMAT. But applicants haven't exactly been clamoring for a lower-cost alternative to the GMAT. From the schools perspective, the GMAT has a lot of research backing up its claim that it's a good predictor of success in a graduate management program, whereas the GRE is in uncharted territory. So will more schools opt for a GMAT-optional approach? ETS is predicting the floodgates will open now that Harvard has taken the plunge. David Payne, an ETS vice president, says the Harvard news, along with a new "no cognitive evaluation" section of the GRE that will be available in July (it measures teamwork, ethics, persistence, and creativity) will convince many other business schools to accept the GRE. Payne notes that over 220 business schools accept the GRE for MBA applications already, including 5 of the 10 top internationally ranked programs. About 25 new programs signed on in the last month alone, he said. Here's his take on the impact of the Harvard news: I think that number [220] will go through the roof over the summer and into the fall. Harvard is going to help us reach that tipping point. Other schools will say, 'If it's good enough for Harvard then it's good enough for our institution.'


You do not worry if you have scored less GMAT scores. Irrespective of your scores or whether you take these tests, you can still seek admissions in not only SPiE Indiawww.spieindia.com partner universities but many other USA universities. But, unfortunately majority students do not know of these universities which accommodate students without TOEFL/GRE/GMAT and others.

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