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M.B.A. Programs Debate Dropping GMAT

The University of Wisconsin-Madison’s business school decided to extend its test-waiver policy through next year after initially waiving GMAT requirements ahead of the coming fall semester, said Blair Sanford, assistant dean for full-time M.B.A. and master’s programs. The policy pertains to M.B.A. candidates who apply with at least five years work experience and at least a 3.3 GPA in undergraduate studies or applicants who have a terminal degree.