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If you’re applying only to MBA programs, the GMAT is still the safer long-term option. It’s the preferred test at most top business schools, and many MBA-specific scholarships are tied to GMAT scores. So even if both tests are accepted, the GMAT might give you an edge in funding.
Also, for post-MBA fellowships like the McKinsey Emerging Scholars, and even at some firms during internship screening, the GMAT is seen as a stronger signal, especially in consulting and finance. It’s also better if you want to show solid quant skills, since the new Data Insights section highlights that more clearly than the GRE.
In short, if you’re committed to the MBA path and aiming for roles in consulting, strategy, or finance, the GMAT is still the more recognized and strategic choice.
For more details, you can check out this blog on "GMAT Vs GRE".
