WrittenPublished by: Forbes
MBA News Digest Comment: What will test prep revenue do as more and more programs make admission testing optional or not required at all?
Extracted Content: But a good deal of the $1 billion was also spent on tutors, classes and software platforms by applicants to get into graduate school, particularly the elite MBA programs that effectively guarantee six-figure salaries at graduation. The cost of graduate school is high enough to justify a few thousand dollars to help boost a young professional’s score on either the GMAT or the GRE, the two exams used by most business schools in their admissions decisions.