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As far as I know, we request them too. Won’t be what makes or breaks an application, but think the theory is that it’s a potentially helpful data point (in addition to school and GPA) to assess intellect. If I recall correct, many firms also ask for GMATs coming out of business school
I just left that section blank in my application (though to be fair I also didn't write the SATs)
We've done the analysis at my MBB that links maths scores at school with performance here. Good indicator of raw intellect.
It’s another data point. The more data they have to predict your performance at the firm, the safer companies feel to approve of you. Flawed data point, but I doubt that it will significantly influence the application.
All MBB asks for standardized test scores.