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New York University’s Stern school is to drop the requirement for students on its Executive MBA programme to sit the GMAT or GRE tests in order to gain admission to the programme. The school already operates a waiver policy for many of its EMBA applicants.
Stern is following in the footsteps of many schools offering EMBAs - MBA programmes for senior working managers. The main reason is that EMBA participants are usually in their 30s or 40s, and are usually accepted or rejected on the basis of their previous academic achievements and, more particularly, the relevance of their work experience. At Stern, successful applicants have an average age of 38 and an average of 14 years work experience. Some 40 per cent of them have higher level degrees.