GMAC just launched the new Executive Assessment (EA) test which EMBA applicants can take instead of the GMAT or GRE. Applicants can still take and submit GMAT/GRE scores, but according to GMAC, the EA will become the new industry standard.
Here are some key features of the EA:
• The EA will test a student’s analytical abilities such as higher-order reasoning, critical thinking, analysis, and problem-solving – skills that students applying to EMBA programs will have acquired during their careers.
• It will be scored less “rigidly,” and only requires “modest” preparation.
• There will be three 30-minute sections – Integrated Reasoning, Math, and Verbal.
• One can take the EA exam at the same 600 centers worldwide where the GMAT is administered.
• Only six b-schools are participating in the EA launch – CEIBS, Chicago Booth, Columbia Business School, HKU, INSEAD, and London Business School.
The EA costs $350 vs $250 for the GMAT and $160 (or $190 outside the U.S.) for the GRE.