simba22/ jylu88,
If a school accepts GRE as well, and says that they’ve no particular preference of one over the other (you’ll find this information usually in the FAQ in Admissions section of the school’s website), then the school isn’t doing double-speak. They won’t mislead you.
As Farrell pointed out, some schools such as UCLA and Haas prefer GMAT. You should go by what schools say, and clarify with them in case of any doubt.
Vast majority of schools these days accept both the scores without particular preference of one over the other. So, you should be fine with GRE at most schools of note. In my opinion, if you’ve already taken GRE, it’s better to drop a school from your target list (if it prefers GMAT) than prepare afresh for GMAT.
Having said that, schools usually want to see a higher Quant percentile in GRE than in GMAT. To
quote Yale:
Quote:
On the GMAT quant, there is no minimum or threshold but we like to see people in the 60th percentile and above. For the GRE, we like to see it closer to the 70th percentile or above. We believe that equates to each other. That might change as we look at this further.
INSEAD too mentions something similar on their website.
So, what may be an above average Quant percentile if one is applying with GMAT, may just be average with GRE.
You may read more on the issue here:
Applying to MBA programs? Which test to take – GMAT or GRE?On the role of test score in recruitment, your test score can be taken into account in consulting and IB recruitment, but not so much in Tech, and certainly much less in VC. Even in consulting and IB, it’s a marginal factor. There are many other things – multiple case interviews, grades, networking, and pedigree & diversity factors – that count.
My two cents: Don’t put the cart before the horse. Don’t fret over marginal things (example: test score affecting your odds of getting a job or landing a fellowship). Focus on the main (getting good enough score to land an admission). The marginal things may not even come into play. Definitely don’t go to the extent of rewriting a test to take care of the marginal things.