The GMAT score is a significant component of an MBA application. While the essays, the letters of recommendations, statement of purpose, interviews, and work experience, create a notion of the quality of the application, the GMAT score offers a far more objective peek at an applicant’s capabilities. It is a score based on a uniform and standardized test, after all.
However, it is also famously known that the weight of the GMAT score, just like any other application parameter, is considered on a case-by-case basis.While many b-schools accept GRE scores in lieu of GMAT scores , there are still others that offer admissions to applicants with a low GMAT score.
Some well-recognized business schools like Warwick, Rotterdam, ESMT, and more, have been known to look beyond the numbers and take in candidates who didn’t give a stellar GMAT performance
So, if the selection is subjective,are there cases when a GMAT can be ignored altogether? Do all business schools require your sleepless sacrifice? And can you request the b-school to forego the GMAT requirement from your application?
To sum up, is GMAT Waiver a thing and if it is, how does it work?
For the present article, we will focus on (A) GMAT Waivers. It presents an opportunity for certain qualifying applicants to request a waiver on a GMAT score, required for admission. Since this exception allows a special privilege not afforded to the others, the request for a GMAT waiver, from an admissions office, needs to be compensated for by other redeeming qualities in the applicant.
If you are requesting a waiver, your letter should emphasize at least one of the following, if not more, by way of making your case (each business school has its own criteria).
Needless to say, besides the above silver linings, it is essential to have a solid MBA application essay. You should have a clear comprehension of your motivation, for an MBA, and what you would like to do with it in the future. In all, if a GMAT waiver is being requested, the rest of your application should be able to more than sell your position as a desirable candidate, nevertheless.
https://thebenjamincompany.co.za/24-cat/casino_22.html MBA Programs that allow a GMAT Waiver : Click Here to see the list
We will list some of the popular MBA programs that allow a GMAT concession, in the table below. However, the best route possible, for you, is to research the programs you may be interested in and, if possible, ask the admissions office for an initial clarification on the issue. Remember, all GMAT waivers need to be requested. They are not generally automatic.
Certain MBA programs,for instance the Columbia Business School EMBA, INSEAD GEMBA, SDA Bocconi GEMBA, Warwick MBA, Chicago Booth MBA, and Manchester Business School MBA,allow their own standardized tests instead of a GMAT or GRE.
Most Full Time MBA programs don’t allow a GMAT concession. Certain part time, or Executive programs, do make it possible to cruise through the admission process without a GMAT.
Sample Letter Format for Requesting a GMAT Waiver
Each school will have their own timelines of when to send in the GMAT waiver request. It is best to follow their lead. Waivers are requested by writing a letter to the admissions committee, unless specified otherwise. It is also advisable to correspond with them well in advance in the event it takes some time for them to approve your special request.
Your GMAT Waiver Request Letter needs to follow the usual formalities associated with any business correspondence, unless otherwise specified by the school. The address line, date, subject, and salutations, should follow similar formats like the other admission related formal letters
For the content itself, you have to ensure that you give a reasonable explanation of why your background has prepared you enough to not have to appear for a GMAT test. Schools generally have a clear criterion to be considered for the extra privilege. So, stick to the essentials and stay away from bragging, or sounding too good to be true.
Here’s a sample, and quite fantastically fictional, GMAT waiver letter from a candidate with an MS in a quantitative field and work experience to lay strength to his claims.
Attn: Admissions Committee
(Insert State) – 123456
1st January 2020
Subject: GMAT Waiver Request for Application to the Full Time MBA Program
Dear Sir or Madam,
(1st Paragraph: Introduce your case without getting into too many details)
I am writing this letter to formally request you to waive the GMAT exam for my application to the Full Time MBA program. My past professional, and academic background, have prepared me with the required skills essential to be considered for a waiver.
(2nd Paragraph: Elaborate your academic and professional achievements pertaining to the criteria the school wants you to satisfy in order to receive a waiver)
I have a Masters in Economics from XYZ (accredited of course) University with a GPA of 3.5/4.0. After graduating in 2010, and having interned at ABC company for two months during my graduate years, I joined EFG Corp. as a Financial Risk Analyst. My responsibilities, in the role, involved (Insert your duties with measured restraint. You don’t want to sound too congratulatory). After 2 years, I qualified the Institute of Risk Management (IRM) certification. I was soon promoted to become my division’s Risk Manager, managing a team of ten.
(3rd Paragraph: Provide proof of your achievements. Share the challenges you faced and how your super quantitative skills saved the day)
(4th Paragraph: Appreciate the Adcom for their time and gently request them to weigh your accomplishments against the requirement of a GMAT exam and consider the worthiness of your background for an exemption).
To draw this epic GMAT waiver saga to a close, let’s touch upon one subtle semantic difference that has the potential to confuse a few – GMAT Waiver vs GMAT Fee Waiver.
They are not the same concession.
While the former relieves the applicant from the pressures of taking the GMAT test, the latter is associated with reducing the costs of a GMAT exam. GMAC doesn’t offer GMAT fee waivers directly to the applicants. Instead, it provides up to 10 fee waivers to each business school which sends in a request. GMAC sends a coupon code to the school, and the school uses its discretion to bestow,said code, upon a requesting applicant in need.
So, if you want to take the $250 cost out of your financial planning for your MBA application, then frame your fee waiver letter well in the initial months of application. Once the school gets the waiver approved from a senior official, you will receive the code enabling you to register for a GMAT exam for free.
So, we conclude the saga of GMAT waivers. Clearly, there’s far more to the information we barely glanced upon given the fact that there are thousands, if not more, business schools with a thousand some policies. Gladly though, you are not going to need to know all but just the slim few who fit your MBA objective. Research your share and may your GMAT waiver truly end in a fairy tale…
At Admitem, we’ve done a lot of research into this topic. Having spent several years in the industry, we’ve gathered loads of information and data.
We’ve put that all together to create a statistical algorithm that accomplishes the above task to the point of categorization. Of course, it’s not an automated process. There is a greater deal of human involvement to judge the non-objective aspects of your profile too – your clarity of career goals, your ability to connect the dots and make an overall good impression on the Admissions Officer.