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In the US the GMAT is a must - so you will need to take it, and soon… if you want to apply for 2013-2014 school year.
IE…. I know many who have been there for their MBA, and although it has great reputation, Spain is in crisis and job prospects are not great, and if you look for a job in the US, a foreign degree is not as highly regarded as a US one… So you must also consider where you’d like to work later.

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