Colleges & Universities

The graduate record examination (GRE) is a standardized exam utilized by U.S. and Canadian graduate schools to determine the eligibility of a potential applicant. Designed to measure a student’s aptitude for abstract thinking in the areas of analytical writing, mathematics, and vocabulary, the GRE is composed of three key sections: verbal reasoning, quantitative reasoning, and critical writing.

“B-School” is a colloquial term for both undergraduate and graduate business schools. Although structurally similar to most other post-secondary colleges and universities, B-Schools typically specialize in teaching subjects related to business and finance, such as accounting, marketing, and entrepreneurship.

The Graduate Management Admission Test (GMAT) is a standardized test typically used as the primary exam reviewed by business schools for MBA program applicants. Designed to measure a student’s aptitude in mathematics, verbal skills, and analytical writing, the GMAT is composed of four key sections: analytical writing assessment, verbal reasoning, integrated reasoning, and quantitative reasoning.

The College Level Examination Program (CLEP) is a series of standardized tests that are administered by the College Board, which allows students to earn college credit for introductory-level courses. Unlike Advanced Placement (AP) exams, CLEP tests do not have an accompanying high school course and are available to a wider range of potential applicants.

INSEAD is an acronym for the Institut Européen d'Administration des Affaires, one of the world’s leading and largest graduate business schools. With locations in France, Singapore, Abu Dhabi, and San Francisco, it’s little surprise that there are over 11,000 participants in INSEAD's executive education programs each year.

Magna cum laude is an academic honorific, which signifies a student has achieved academic excellence. Meaning “with great praise,” magna cum laude is ranked above cum laude honors and below summa cum laude. There are several possible criteria that are considered for magna cum laude honors, such as a student's grade point average (GPA), class rank, number of hours completed, etc.

The Wharton School of Business, established in 1881 as part of the University of Pennsylvania, is the oldest collegiate school of business in the world. In addition to founding the first U.S. collegiate center for entrepreneurship in 1973, Wharton also has a massive alumni network of over 100,000 people across 153 countries.