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The Graduate Record Examinations (GRE) is a standardized test that is part of the admissions process for many graduate schools in the United States and Canada and a few other countries. The GRE is owned and administered by Educational Testing Service (ETS). The test was established in 1936 by the Carnegie Foundation for the Advancement of Teaching. According to ETS, the GRE aims to measure verbal reasoning, quantitative reasoning, analytical writing, and critical thinking skills that have been acquired over a long period of learning. The content of the GRE consists of certain specific data analysis or interpretation, arguments and reasoning, algebra, geometry, arithmetic, and vocabulary sections. The GRE General Test is offered as a computer-based exam administered at testing centers and institution owned or authorized by Prometric. In the graduate school admissions process, the level of emphasis that is placed upon GRE scores varies widely among schools and departments. The importance of a GRE score can range from being a mere admission formality to an important selection factor. The GRE was significantly overhauled in August 2011, resulting in an exam that is adaptive on a section-by-section basis, rather than question by question, so that the performance on the first verbal and math sections determines the difficulty of the second sections presented (excluding the experimental section). Overall, the test retained the sections and many of the question types from its predecessor, but the scoring scale was changed to a 130 to 170 scale (from a 200 to 800 scale). The cost to take the test is US$205, although ETS will reduce the fee under certain circumstances. It also provides financial aid to GRE applicants who prove economic hardship. ETS does not release scores that are older than five years, although graduate program policies on the acceptance of scores older than five years will vary. Once almost universally required for admission to Ph.D. science programs in the U.S., its use for that purpose has fallen precipitously.

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The Medical College Admission Test (MCAT) is a computer-based standardized examination for prospective medical students in the United States, Australia and Canada. It is designed to assess problem solving, critical thinking, written analysis and knowledge of scientific concepts and principles. Prior to August 19, 2006, the exam was a paper-and-pencil test; since January 27, 2007, however, all administrations of the exam have been computer-based.

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Harvard Business School

Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts, United States. The school offers a large full-time MBA program, doctoral programs, HBX and many executive education programs. It owns Harvard Business School Publishing, which publishes business books, leadership articles, online management tools for corporate learning, case studies, and the monthly Harvard Business Review. Harvard's MBA program is ranked #1 in the world by Bloomberg, #1 by the Financial Times, #1 by BusinessInsider and #2 by US News and World Report and Forbes Magazine.

Harvard Business School was established in 1908, initially by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867-1946). Yogev (2001) explains the original concept:
This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French Ecole des Sciences Politiques. The goal was an institution of higher learning that would offer a master of arts degree in the humanities field, with a major in business. In discussions about the curriculum, the suggestion was made to concentrate on specific business topics such as banking, railroads, and so on... Professor Lowell said Harvard Business School would train qualified public administrators whom the government would have no choice but to employ, thereby building a better public administration... Harvard was blazing a new trail by educating young people for a career in business, just as its medical school trained doctors and its law faculty trained lawyers. The business school pioneered the development of the case method of teaching, drawing inspiration from this approach to legal education at Harvard. Cases are typically descriptions of real events in organizations. Students are positioned as managers and are presented with problems which they need to analyse and provide recommendations on.
From the start Harvard Business School enjoyed a close relationship with the corporate world. Within a few years of its founding many business leaders were its alumni and were hiring other alumni for starting positions in their firms.
At its founding, Harvard Business School accepted only male students. The Training Course in Personnel Administration, founded at Radcliffe College in 1937, was the beginning of business training for women at Harvard. HBS took over administration of that program from Radcliffe in 1954. In 1959, alumnae of the one-year program (by then known as the Harvard-Radcliffe Program in Business Administration) were permitted to apply to join the HBS MBA program as second-years. In December 1962, the faculty voted to allow women to enter the MBA program directly. The first women to apply directly to the MBA program matriculated in September 1963.

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