H arvard Business School is doing it. So is Stern . Sloan and Stanford have been doing it for several years and next year, Wharton will do it, too.

A growing number of business schools are giving applicants the option of taking the GRE (Graduate Record Exam), a standardised test used by a wide range of graduate schools, as an alternative to the GMAT (Graduate Management Admission Test) - the prevailing standardised exam used for admission to MBA programmes.