As a prospective business school student, I want to understand the role of the GMAT in the application process. Specifically, is it required, and what is its purpose? Additionally, explain why a business school's accreditation is important for me.
Navigate to 'allbusinessschools.com'. Click on the 'How to Get Into Business School' link. Click on the 'GMAT Prep' link in the 'Getting Into Business School Guide' sidebar. Identify information regarding GMAT requirements and purpose. Click on the 'Accreditation' link in the 'Getting Into Business School Guide' sidebar. Identify information regarding the importance of accreditation. Synthesize the gathered information into a concise answer.
State that most top business schools require the GMAT, and a higher score makes an application more competitive. Explain that the GMAT was developed to assess an applicant's potential success in a business and management program. Explain that business school accreditation assures students of high-quality standards. State that accreditation allows students to participate in federally funded and state financial aid programs.