How to get a GMAT waiver/exemption for Bayes Business School

The GMAT is recommended for all of Bayes Business School’s finance-related courses and it’s a requirement for the MBA. So, what should you do if you can’t complete the GMAT, or feel it is unnecessary? Your answer does not need to be giving up on your dream of attending Bayes Business School. Instead, you can apply for a GMAT waiver!

Here at The Profs, we’ve successfully helped many students get GMAT waivers and gain admission to competitive universities, like Bayes Business School. We boast a 95% success rate in getting students into their first or second-choice universities! So, if you want to cut to the chase, reach out to our expert admissions team who can get you started on securing your GMAT waiver.

Don’t forget to check out our previous articles on how to get into Bayes Business School and how to apply for an MBA.

You can also watch several videos on postgraduate courses at specific universities by our founder here.

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What are the GMAT and GRE?

The GMAT and GRE are both admissions tests required by many postgraduate courses that are related to Business. Many business schools and universities accept both GRE and GMAT scores for Management and Business courses, including Bayes Business School. Bayes Business School does not have a preference for either qualification. 

Both tests are designed to assess a similar set of skills, however there are some differences. 

As a general rule, the GMAT tends to suit applicants who have strong quantitative and analytical skills and excel at interpreting data presented in charts, tables, and text to solve complex problems. The GRE tends to suit applicants who prefer essay writing over Maths, as there is a longer essay section and its quantitative sections tend to be more straightforward (calculators are also allowed).

Bayes Business School primarily discusses the GMAT when it comes to its relevant courses. Whilst Bayes accepts the GRE too, it might be more competitive to complete the GMAT as opposed to the GRE, since the GMAT is predominantly mentioned. However, if you have already taken or gotten started on the GRE, or feel you can achieve higher in the GRE than the GMAT, then that might be your safest bet

Please note: Whilst many university programmes claim that they don’t have a preference for the GRE or GMAT, employers might. So, always check this!

The GMAT

The Graduate Management Admission Test (GMAT) is an admissions test used by many UK universities to assess students’ suitability for postgraduate Management and Business-related degree courses. 

The GMAT helps universities and business schools assess your academic potential and gives a more consistent point of comparison between applicants from a range of academic and professional backgrounds. Your GMAT score is also one part of the application process you can control (you can improve your score through hard work and effective preparation) so it gives business schools an insight into your work ethic.

For these reasons, the GMAT is often a mandatory requirement for top universities/business schools. It’s important to work towards achieving the strongest possible score to show your commitment to your chosen course and to help you stand out amongst many competitive applicants from the outset.

Bayes Business School’s minimum score for the GMAT: 600.

We have a previous article on the GMAT.

The GMAT Focus

From February 2024, the GMAT Focus Edition is replacing the original GMAT and becoming the only version of the GMAT available for candidates. Until then, you can choose to take the old GMAT or GMAT Focus Edition. 

Bayes Business School is already accepting the GMAT Focus.

Bayes Business School’s minimum score for the GMAT: 555.

For information, read our article on how to prepare for the new GMAT Focus.

The GRE

The Graduate Record Examinations (GRE) is an admissions test used by many UK universities to assess students’ suitability for postgraduate Management and Business-related degree courses.

The GRE is a postgraduate admissions test used to assess applicants’ ability to study demanding degree programmes in fields such as Business, Law, Finance, and more. It is designed to test your critical thinking skills, mirroring the kind of thinking you’ll be required to do at the postgraduate level.

Bayes Business School’s minimum score for the GRE: 156 in the verbal section and 158 in the quantitative section.

For information, read our article on how to prepare for the GRE.

Please note: Bayes states that achieving higher than the minimum scores for the GMAT, GMAT Focus and GRE will boost the competitiveness of your application.

Should I take the GMAT/GRE?

First of all, it’s important to highlight how competitive the admissions process is for Bayes Business School. 

Bayes Business School is regarded by professionals globally as one of the most esteemed business schools in the UK and Europe. It has been ranked 2nd in London, 5th in the UK and 27th in Europe by the Financial Times European Business School Rankings (2023).

A waiver can be a strategic move if your overall application stands strong without it. If not, then you may want to reconsider the waiver. If you are able and available to take the GMAT or GRE, as well as attain a higher score than what’s average for Bayes Business School offer holders, then consider doing so. It could really boost the competitiveness of your application, and you should take any opportunity available to maximise your chances of success against your talented competitors. 

On this note, we have expert GMAT and GRE tutors who can coach you through the process of achieving TOP results. Just reach out to get started!

All that said, if you find it tricky or impossible to take the GMAT/GRE due to professional or personal circumstances, or maybe you think your backlog of experience negates the need, then Bayes Business School offers a waiver just for you. Don’t be lulled into thinking it’ll be easy, but The Profs know just how to get one. Stay tuned for our intel.

​​Need help with applying for a GMAT waiver? Our admissions team has tonnes of experience in this area and has helped numerous students obtain GMAT waivers and gain admission to top business schools. We also have expert writing tutors who can help you create the perfect waiver letter!

Do I have to do a GMAT or GRE for an MBA or MSc at Bayes Business School?

Postgraduate courses at Bayes that have no relation to Business, Management or Finance do not require or recommend GMAT/GRE scores as part of their admissions process. They’re understandably irrelevant. 

For Bayes Business School’s MBA, the GMAT/GRE is a requirement. 

A GMAT/GRE score is not compulsory for any other courses at Bayes. However, it is highly recommended for the following MSc courses:

  • MSc Banking and International Finance.
  • MSc Corporate Finance.
  • MSc Finance.
  • MSc International Accounting and Finance.
  • MSc International Business.
  • MSc Investment Management.
  • MSc Management (MiM).
  • MSc Marketing Strategy and Innovation.
  • MSc Real Estate Investment.

Consequently, a GMAT/GRE score is somewhat expected for these courses and will automatically boost your application. This is highlighted by the fact that Bayes states that a good GMAT/GRE score will add weight to your application. 

A good GMAT/GRE score is especially helpful for applicants who lack a strong quantitative background but are applying to a degree requiring such skills.

If you’re applying for the MBA, remember that Bayes offers a GMAT/GRE waiver which can deem you exempt from having to fulfil this requirement. Let’s jump into how this works.

Please note: If you are hoping to apply for an MSc course which strongly recommends the GMAT without a GMAT, you obviously don’t need to apply for a GMAT waiver. However, you should ensure you exceed your course’s requirements when it comes to academic and work experience.

What is a GMAT or GRE waiver/exemption?

A GMAT or GRE waiver/exemption is a provision offered by some graduate business programmes that allows applicants to bypass the standard requirement of submitting GMAT or GRE scores as part of their application. 

How do the GMAT or GRE waivers work?

This waiver is typically granted under specific conditions, such as having significant professional experience, holding an advanced graduate degree (it certainly helps to have an advanced degree too), possessing certain professional certifications and having a strong quantitative background. 

Usually, candidates are expected to have a personal reason to add to why they can’t complete the waiver unless they’re extremely qualified for the course without it.

The waiver provides an alternative route for qualified candidates to showcase their readiness for their chosen graduate programme without relying on standardised tests.

You must apply for the waiver with ample time before your application, as it can take 7 business days to receive your outcome. Plus if it’s rejected you need time to book your GMAT test. 

In fact, you should leave yourself enough time to sit it and receive your score as Bayes states that they do not consider applications until they have received your confirmed GMAT/GRE score. 

When did GMAT or GRE waivers take wind?

During the COVID-19 pandemic, before the prevalence of online test centres across the world, many business and graduate schools temporarily lightened their GMAT restrictions as test centres were closed. 

Since the world has returned to pre-Covid normality, business schools have once again become stricter in GMAT/GRE exemptions, but there are still more waivers being given than pre-pandemic.

Who are the GMAT or GRE waivers for?

Typically, the GMAT/GRE waiver is for those with years of professional work experience under their belt as well as a strong academic history (including a bachelor’s degree) and professional certifications like the CPA or CFA. They will also be able to demonstrate their leadership and problem-solving skills through their experience.

Bayes specifically states that their GMAT/GRE waivers are for candidates who can demonstrate outstanding academic performance, strong quantitative skills, and relevant work experience.

So, you are unlikely to get approval for a GMAT/GRE waiver if you lack sufficient work experience and/or quantitative academic achievements or face other application weaknesses. Applying under these circumstances is not strategic.

Bayes Business School’s MBA programme requires students to have three years of professional experience alongside a good university degree (equivalent to an upper second-class honours degree (2:1) or above) or an equivalent professional qualification. If not, it requires six years of relevant business experience. Accordingly, if you’re applying for a GMAT waiver you should try to ensure that you exceed these entry requirements. 

If you’d like a GMAT or GRE waiver but you’re unsure how to successfully have one granted, chat with our knowledgeable team on the subject. We can help you by:

  • Assessing whether you’re eligible for a GMAT/GRE waiver and could make a strong case for this.
  • Creating a top-tier GMAT/GRE waiver application.
  • Strategising and curating your application to Bayes and other top universities to maximise your chances of success.

Please note: If you are hoping to apply for an MSc course which strongly recommends the GMAT without a GMAT, you obviously don’t need to apply for a GMAT waiver. However, you should ensure you exceed your course’s requirements when it comes to academic and work experience.

Does Bayes Business School offer a GMAT waiver or exemption?

Yes, Bayes Business School offers a very limited number of GMAT/GRE waivers for its MBA applicants who they deem strong without a GMAT/GRE score. 

Here at The Profs, we have successfully helped multiple students to receive a GMAT exemption from Bayes!

So, we’ve developed a couple of strategies to maximise the chances of our students securing waivers! Reach out to our talented admissions team if you’re serious about securing one.

How do I apply for a GMAT/GRE waiver from Bayes Business School?

Here are the steps:

  1. Fill out Bayes’s waiver form, which you can find here.
  2. Ensure that you fill all of it out!
  3. Attach your CV (limited to a maximum of two pages).
  4. Attach your university degree certificate and transcripts, which should provide a comprehensive overview of the courses you have completed and the corresponding grades you have attained.

Bayes states that they consider waiving the GMAT for applicants on a case-by-case basis.

You must apply for the waiver with ample time before your application, as it can take 7 business days to receive your outcome. Plus if it’s rejected you need time to book your GMAT test. 

In fact, you should leave yourself enough time to sit it and receive your score as Bayes states that they do not consider applications until they have received your confirmed GMAT/GRE score, and you’re up against fewer people the earlier your application is handed in and ready for consideration! 

Need help? Chat with our team.

Please note: If you are hoping to apply for an MSc course which strongly recommends the GMAT without a GMAT, you obviously don’t need to apply for a GMAT waiver. However, you should ensure you exceed your course’s requirements when it comes to academic and work experience.

GMAT waiver guidelines: Your GMAT waiver essay/letter

When you apply for the GMAT/GRE waiver, you must include: 

  • A 500-word answer to ‘What is your reason for requesting a waiver?’.
  • A 500-word answer to ‘Why do you wish to pursue an MBA and what are your post-programme career plans?’.
  • A CV (no more than two pages).

Your answers to the questions must be compelling and carefully written. You must be clear, specific and ambitious whilst realistic in your motivations and career goals. Ensure that your answers are personal to you and articulate.

You should invest time into planning, drafting and structuring your answers. Also, ask relevant people (like professors, colleagues and/or your boss) to read them and offer feedback.

You should also ensure that your CV doesn’t let you down. Check that it’s up-to-date and of high quality. If it needs some updating, restructuring or perfecting, find the time to do so! Bayes will study it thoroughly and it is a clear introduction to you as a professional. 

We have expert writing tutors who can help you create the perfect answers and CV.

This process is deceptive in appearing quick and easy! We recommend thinking very strategically about how you write your academic/professional CV (which is different from a CV that you submit to an employer). We strongly suggest that you speak with Bayes before applying for a GMAT waiver. We can guide you through the process.

Our team has tonnes of experience crafting winning GMAT waiver requests! We’ve helped numerous students obtain GMAT exemptions and gain admission to top business schools, including Bayes. 

Extenuating circumstances

Many universities allow applicants to submit GMAT/GRE waiver request letters or essays to highlight why they cannot take the GMAT/GRE exam. So, candidates have the opportunity to bring attention to extenuating or personal circumstances, such as parental/caregiver responsibilities, bereavement or financial hardship. 

In some cases, taking the GMAT/GRE could get in the way of a competitive promotion at work, meaning that preparing for the GMAT could explicitly harm their career prospects. This is another valid circumstantial reason that would prevent an applicant from being able to take the GMAT.

For Bayes, you can highlight your personal circumstances in your application form. The first question (‘What is your reason for requesting a waiver?’) is the perfect place to do so. 

However, you only have 500 words so be careful not to use all of your word count discussing your reason/s you can’t do the GMAT/GRE. Try to balance this with why you are a qualified candidate without a GMAT/GRE score.

It’s important to note that universities have different reasons for offering GMAT waivers. It appears that Bayes’s main reason for offering them is to encourage applications from highly qualified students who are eligible for its MBA course even without GMAT scores and who might have been put off if they had been required to take the GMAT test to apply. 

So, the intention behind Bayes’s GMAT waiver is not really to increase applications from students who can’t take the GMAT for personal or contextual reasons. What this means is that your GMAT waiver request must prioritise selling yourself as a competitive candidate with a great academic record in quantitative subjects and an accomplished professional. 

Yes, mention why you can’t take the test or would like to be exempt, but prioritise why you are worthy of this exemption!

​​Need help with crafting your CV and applying for a GMAT waiver? Our team has tonnes of experience in this area and has helped numerous potential test takers obtain GMAT waivers and gain admission to top business schools. 

5 tips: How do I get a GMAT/GRE exemption approved by Bayes Business School?

We’ve covered some important tips regarding the GMAT/GRE waiver letter but we have more. Let’s whiz through some of our insider tips on how to have your GMAT waiver request granted by Bayes Business School!

Feeling overwhelmed by information? Reach out to our expert team!

1. The early bird catches the worm!

This is one of the instances in admissions applications where applying early (for the waiver) is likely to increase your chances. Here’s why:

  • There is a limited number of GMAT waivers Bayes Business School is willing to give, hence there’s an element of first come first serve!
  • You want to get your foot in the door before a better candidate applies for a waiver.
  • The earlier you apply, the more time you have to take the GMAT/GRE to complete your application with a score, as Bayes will not consider applications until there is a score (even if you’ve submitted yours with proof of a test date). 
  • Later applications may not have time to resit the GMAT/GRE if necessary.

Don’t forget that our admissions team can coach you through the process, as well as advise you on timing and strategy.

2. Believe in your background

Applying for a waiver can be thought of similarly to applying for a scholarship. Accordingly, exceptional circumstances are extremely relevant to your application. Understanding the factors that increase your chances of a scholarship will greatly help.

Over the last couple of years, diversity has grown more and more important to the GMAT waiver. Whilst universities will not admit this, your eligibility for the GMAT exemption includes demographic factors, such as ethnicity and gender because waivers can be used to help universities diversify their cohorts e.g. when a demographic is severely underrepresented. 

We have seen weaker academic candidates gain more favour in their waiver applications for programmes that have severe underrepresentation.

Consequently, you should highlight any relevant factors about your background or circumstances that relate to diversity and representation. If applicable, emphasise your diverse perspective and contribution to MBA communities in your application to make a powerful statement to the admissions committee. Shed light on why they want you on this course!

Need help crafting an eloquent or persuasive letter? ​​Our team has tonnes of experience in this area and has helped numerous students obtain GMAT test waivers and gain admission to top business schools. We also have expert writing tutors who can help you create the perfect waiver letter!

3. Master Mathematics

Demonstrating outstanding academic aptitude is always extremely helpful when applying to a competitive university, much less asking them for a waiver. Bayes Business School specifically lists a quantitative background as an expectation.

GMAT/GRE waiver decisions are made at the discretion of Bayes Business School’s Admissions Committee. They look for a strong academic history in quantitative subjects. Hence, you must prove your quantitative achievements as this will make you a more attractive candidate. You might also want to mention older achievements to add to your repertoire e.g. if you ever completed the UK Maths Challenge or the UK Maths Olympiad.

All that said, we have had success in helping our candidates secure GMAT and GRE waivers without many quantitative skills. So, if this is you, talk to us and let’s find a way to get you your waiver from Bayes Business School.

Please note: Bayes Business School’s MBA requirements specify that candidates should have an upper second-class honours undergraduate degree (or higher) or that they have an equivalent professional qualification. Hence, you should primarily aim for a robust academic or professional track record with high grades or scores to get into the MBA at Bayes, and especially if you want the GMAT waiver.

4. Your experience is everything

Bayes Business School values work and professional experience.

Bayes specifically mentions work experience as a factor that could deem a candidate exempt from completing the GMAT/GRE. If you have impressive and relevant work experience that you collected over a decent length of time, and you have a robust academic history, you have a fighting chance of attaining the GMAT/GRE waiver!

Bayes Business School typically expects GMAT waiver candidates to have outstanding professional experience in fields relevant to their chosen course.  It states that its MBA applicants should have a minimum of 3 years of full-time professional experience, gained after graduation. 

Unlike many other universities, Bayes even admits students without undergraduate degrees to its MBA programme provided they have at least six years of relevant business experience! So, extensive experience can get you into the MBA programme if you do not have the ideal academic background. So, it seems likely that extensive experience alongside a quantitative degree could be what gets you the GMAT waiver!

In work experience, Bayes is looking for clear examples of:

  • Leadership capability.
  • Strong collaboration skills within a team.
  • Strong communication skills (through personal experiences as well as professional experiences).

Since these are Bayes requirements from MBA candidates who also have GMAT/GRE scores, you should aim to top this if you’re applying for a GMAT/GRE waiver!

Our team has tonnes of experience helping students attain relevant and prestigious professional experience, as well as presenting existing experiences with skill to appear more desirable.

5. English is key

If you are a non-native English speaker, Bayes Business School will not grant you a waiver unless they’re certain that you’re fluent in the English language. 

Bayes Business School accepts the IELTS, TOEFL iBT, PTE and LanguageCert International ESOL – C1 Expert. So, take an approved English language proficiency test and ensure that you score highly! 

You’ll need to take the test far enough in advance before your application so that you have your grade ready to submit to Bayes Business School before submitting your GMAT waiver request. Even if you are not applying for a waiver, you will need an English language test score to prove your proficiency for the MBA. See here for more information.

Here at The Profs, we have excellent English language tutors who can help you.

If you’re set on Bayes Business School, don’t forget to reach out to our expert university admissions coaches. We have plenty of experience with Bayes Business School as well as GMAT exemption waivers. Why not join our winning team?

After your waiver is approved (or rejected)

As mentioned, you should apply for your GMAT/GRE waiver before submitting your application to Bayes’s MBA. This means that you will get your waiver approved (or rejected) before you submit your application to the MBA.

So, if you have your GMAT/GRE waiver approved, you might still decide to take the GMAT or GRE to maximise the competitiveness of your Bayes Business School application (if you still have enough time). 

Bayes Business School runs a popular, competitive and highly selective admissions process. Accordingly, an approved waiver might not mean that you get an offer from Bayes Business School. You should be prepared to maximise your chances of getting into Bayes Business School!

Obviously, if your waiver request is rejected, you will need to take the GMAT/GRE.

Bayes Business School also notes that a high test score is important to some recruiters, so you might want to boost your future employment potential.

Our GMAT waiver success stories

We’ve helped multiple applicants just like you to receive their GMAT waiver. Just look:

Secure your GMAT waiver now! Why not join our winning team? We can even help you get your offer to Bayes Business School.

Contact us online or give us a call: 020 3820 6133.

We can help you get your waiver/exemption!

Here, at The Profs, we help over 95% of our students get an offer to their first and second-choice universities! Moreover, we have successfully helped many of our students receive GMAT/GRE waivers. So, why should you be any different? 

Bayes Business School runs a competitive admissions process on all fronts. But there’s no need to be overwhelmed, we’ve got your back. No achievement is out of reach, and our success stories demonstrate that. If you’re set on Bayes Business School, don’t gamble with your future. 

Reach out to our expert admissions team to make things happen.

FAQs

Does Bayes Business School have a GMAT waiver form?

Yes, you can view it here.

What about the GMAT waiver for international students?

The system for requesting a GMAT waiver is the same for international students as it is for UK students. You will need to meet the same eligibility requirements to have it granted.

However, you might need to submit an English language proficiency score from an approved body. 

Some universities have a preference for UK qualifications e.g. LSE has a strong preference for undergraduate and postgraduate degrees from UK universities.

It’s also worth noting that the GMAT waiver requirements and application process work similarly in the United States to the United Kingdom.

What are the GMAT waiver MBA 2024 eligibility requirements?

Bayes Business School only considers candidates who can demonstrate outstanding academic performance, strong quantitative skills, and relevant work experience for the GMAT/GRE waiver.

These requirements are not reportedly being changed for 2024, however, it is certainly harder to get a GMAT waiver now than during Covid. 

Read this article for more information and advice or reach out to our team for an expert helping hand. We can also help you boost your MBA application!

Does Bayes Business School have a GMAT waiver essay sample?

Bayes Business School has not released previous successful GMAT waiver letters. On that note, it does not require letters. Bayes uses an online form which asks two 500-word questions.

However, a candidate who had their GMAT waiver request granted by Oxford University shared their letter here

You can also chat with our experienced team; we’ve helped multiple students write successful GMAT waiver requests and can help you with yours!

What is the GMAT waiver process?

For Bayes Business School, here are the steps for requesting a GMAT/GRE waiver:

  1. Fill out Bayes’s waiver form, which you can find here.
  2. Ensure that you fill all of it out!
  3. Attach your CV (limited to a maximum of two pages).
  4. Attach your university degree certificate and transcripts, which should provide a comprehensive overview of the courses you have completed and the corresponding grades you have attained.

For further information, read this article or reach out to our team for an expert helping hand. 

What are alternatives to the GMAT?

The GRE and EA are both alternatives to the GMAT. However, you should always check what your specific course at your chosen university prefers and this is subject to change each year. You should also consider what future, potential employers might prefer. 

Here at The Profs, we have GMAT, GRE and EA tutors who can help you achieve top scores. We also have previous articles on the GMAT, GRE and EA.

What impact does the GMAT waiver have on a university application?

If the waiver is granted, it’s a thumbs-up from the admissions committee based on something promising in your profile. If not, it’s a cue to prepare for the test. The beauty of this lies in the fact that if the committee grants you a waiver, it’s not a penalty but a sign of approval. 

For schools with a more automated review process, skipping the GMAT/GRE/EA removes one evaluation factor, making the rest of your application even more crucial. While many advise aiming for an above-average GMAT exam score, a waiver can be a strategic move if your overall application stands strong without it.

Does Bayes Business School offer an Executive MBA?

Yes, Bayes offers two types of executive MBA programmes:

  • The Evening Executive MBA.
  • The Modular Executive MBA.

More information on this is available here.

If you’re interested in becoming an MBA student but you have limited time, Bayes also offers a part-time MBA programme.