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Hocking · 07-01-2008, 03:53 AM

You are going to find that many Economics Programs will require you to take the GRE, and many Finance Programs will require you to take the GMAT. If you have a good idea of what schools that you may be interested in applying to, just check out there websites to see what they require. The reason many of these schools want you to take a specific test is because they want to compare your scores to other people's scores on the same test. They will also want to include your scores in their averages that they report for each class if you are admitted to their program. This is important for rankings, and when you start mixing GRE scores with GMAT scores, things get really messy. If you are applying to both types of programs, you will probably need to take both tests. The tests are very similar as far as your concerned, so your study time will not be doubled just because you are taking two tests. You will just have to pay for them.

As far as finance is concerned, you will also find that many Finance PhD programs hold out for applicants who already have master degrees. They like to see people with MBA's, but they also like to see people with graduate degrees in anything pertaining to business (Finance, Economics, Accounting, ect....). Finance programs are very picky, and they each select about 2-3 candidates per year out of anywhere from 50-300 that apply. They can be picky, so many of these programs eliminate undergraduates right off the top. Not all, but many. Again, look around at various schools websites to see what they say. Don't be afraid to pick up a phone and call the chair of the entire PhD program and ask him directly. You will not make him mad at all, and he may remember you when you apply to his program in the future.

Good luck.

07-01-2008, 03:53 AM	#7 (permalink)
Hocking Trying to make mom and pop proud Join Date: Nov 2007 Posts: 25	You are going to find that many Economics Programs will require you to take the GRE, and many Finance Programs will require you to take the GMAT. If you have a good idea of what schools that you may be interested in applying to, just check out there websites to see what they require. The reason many of these schools want you to take a specific test is because they want to compare your scores to other people's scores on the same test. They will also want to include your scores in their averages that they report for each class if you are admitted to their program. This is important for rankings, and when you start mixing GRE scores with GMAT scores, things get really messy. If you are applying to both types of programs, you will probably need to take both tests. The tests are very similar as far as your concerned, so your study time will not be doubled just because you are taking two tests. You will just have to pay for them. As far as finance is concerned, you will also find that many Finance PhD programs hold out for applicants who already have master degrees. They like to see people with MBA's, but they also like to see people with graduate degrees in anything pertaining to business (Finance, Economics, Accounting, ect....). Finance programs are very picky, and they each select about 2-3 candidates per year out of anywhere from 50-300 that apply. They can be picky, so many of these programs eliminate undergraduates right off the top. Not all, but many. Again, look around at various schools websites to see what they say. Don't be afraid to pick up a phone and call the chair of the entire PhD program and ask him directly. You will not make him mad at all, and he may remember you when you apply to his program in the future. Good luck.