We offer waivers for GMAT/GRE to some applicants. To qualify, candidates will need to exhibit previous academic excellence. When the Admissions Committee is considering whether or not to grant a waiver, they will be looking for strong grades in previous university studies at a top school, especially in quantitative subjects, and outstanding professional experience in finance.
In addition, professional qualifications will add weight to the case for a test waiver. If you are a non-native English speaker, we will also be seeking to establish that you are fluent in English. It is important to note that having insufficient time to prepare for the GMAT/GRE (for example, due to work commitments) is not one of the grounds on which a waiver will be granted.
Holding CFA II or above gives you an automatic GMAT/GRE waiver. As this waiver is automatic, you do not need to contact our Recruitment and Admissions team in advance for this waiver to be granted.
We have no preference between GMAT and GRE. Many people who have limited time to prepare say that GRE is the better option for them. Submitting with a high score (670 or above for GMAT and 155 verbal and 165 quantitative for GRE), can positively impact your Masters in Finance application, and can offset possible weaknesses in your university grades.
If you are interested in a GMAT/GRE waiver we encourage you to send your CV and academic transcripts to our Recruitment and Admissions team, before you submit your application.
If you have any questions regarding a GMAT/GRE waiver please email mif@london.edu.
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