GMAT/GRE Waivers


Admission into graduate programs at the Sellinger School of Business and Management (PMBA, ELMBA, MSF, MACC and Accounting Certificate) requires applicants to supply an official GMAT or GRE score.  However, under certain conditions, the GMAT or GRE may be waived. Contact an admissions advisor at for more information or download the GMAT/GRE waiver petition form

Applicants who wish to be considered for a GMAT or GRE waiver must: 

  • Meet at least one of the classifications below. 
  • Request the GMAT/GRE waiver using the check box on the online application form.
  • Complete a GMAT waiver petition form 
  • Supply the required documentation and submit the petition form to an admissions advisor.
  • Submit a complete application file before the waiver request will be considered.

An interview with an academic advisor may be required.  Petition for GMAT or GRE waiver does not guarantee approval and is considered by the Admissions Committee in conjunction with an applicant’s complete admissions file. The admissions committee reserves the right to require a GMAT or GRE score from an applicant even if the basic conditions are met. 

NOTE: Current Loyola students should contact an admissions advisor at to learn about GMAT waiver eligibility.

Waiver Classifications

  1. Hold a terminal degree such as a J.D., M.D., D.O., Ph.D., Ed.D., Pharm.D., or D.D.S.
    Required: Official transcript(s) 
  2. Hold a graduate degree (master's level) and/or professional certification (i.e. CPA, CFA, CMA, CIA or CFP), with evidence of significant quantitative course work and a minimum 3.25 cumulative GPA for the highest degree earned.
    Required: Official transcript(s) for degree; Copy of licensure or certification
  3. Have graduated with a bachelor's degree in business or economics, or business minor AND have a cumulative GPA of 3.4 both overall and in your major or minor business courses from an AACSB-accredited program.
    Required: Official transcript(s); Admission advisor will verify AASCB accreditation; Identify major and/or minor on petition form
  4. A minimum of 3 years of progressive, professional, full-time work experience that entails a significant scope of responsibility (managing people, projects, budgets) and employs in-depth quantitative and analytical skills. 
    Required: Detailed professional resume to include listing of job roles, time in role, and promotions; Interview with academic advisor

Please see your program's admission requirements page for additional required documents. 

GMAT Review Course

Loyola offers a GMAT Review course for your convenience. Should you need to take the GMAT, we want you to have every chance to succeed in this important admissions component. Therefore, we strongly recommend preparing for the GMAT. There is a wide range of resources available online or in your local bookstore to help you study, but many prospective test takers find the structure of a tutorial class particularly beneficial. This course prepares the student for each section of the test. Students will be using online instructional materials during the class, also to be used for home study.


Explore Our Programs

Side-by-Side Program Comparison

Graduate Programs

Professional's MBA

Designed for a range of working professionals looking to pursue their MBA at their own pace

  • Weeknight classes
  • Study at your own pace
  • Offered at Timonium and Columbia Graduate centers
  • Transfer up to 12 credits to/from the M.S. in Finance
Learn More FAQ

Emerging Leaders MBA

A one-year full-time cohort program targeting immediate graduates or those early in their career

  • Full-time, 12-month program
  • Offered at Evergreen Campus in Baltimore
  • Internship in your target industry
  • Domestic field experience
Learn More FAQ

Executive MBA

A Saturday program for senior managers and executives

  • Saturdays only, summers off, 5-semester program
  • Offered at Timonium Graduate Center
  • 9-day international field study experience
  • Domestic field experience
Learn More FAQ

Master of Science in Finance

A part-time, evening program for professionals who have a true enthusiasm for financial leadership

  • Weeknight classes; study at your own pace
  • Prepare for Chartered Financial Analyst (CFA) exams
  • All professional backgrounds welcome
  • Offered at Timonium and Columbia Graduate centers
Learn More FAQ

Master of Accounting

A full time 12-month program for those with an accounting undergrad degree or equivalent accounting coursework

  • 30 credits toward 150 hour licensure requirement
  • Full-time, 12-month program
  • Part-time schedule option available
  • Offered at Evergreen Campus in Baltimore
Learn More FAQ

Cyber Security Certificate

A part-time, one-year, graduate certificate program open to any business professional seeking management-level certification and desiring to learn more about information assurance in the broader field of cyber security

  • One-year, part-time program
  • Weeknight classes
  • Offered at Columbia Graduate Center
  • Five courses, 15 credits
Learn More FAQ

Accounting Certificate

A three-month graduate program for credits toward the 150-hour requirement for CPA licensure

  • 12 credit, May–July program
  • Mondays and Wednesdays, 8:45 a.m.–4:45 p.m.
  • Offered at Loyola's Evergreen campus
Learn More FAQ
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