By and by, the relevance of MBA education in India-1 of the emerging economies in the world-has increased immeasurably. Numerous quantity of management institutions has sprung up in patches in the nation to inculcate specialist MBA trainings to deserving candidates, and this new improvement aims at eliminating the current shortage of certified and properly-trained managers sprawling across all the industries in the country.
CAT (Widespread Admission Test) is India’s most reputed management examination, and it is also the foremost screening method for admission in premier Indian Management Institutions (IIMs). The CAT score determines not only an MBA aspirant’s dream to qualify for admission in IIMs but it inadvertently validates management admission of MBA aspirants in mid and low rung institutions.
Every year, tens and thousands of students irrespective of their fields of academic study or specialization take their trysts with CAT. Apparently, the trend in the CAT examination follows ‘twist and turn’ and this year it has recorded a drastic drop of about 15% in the quantity of candidates compared to final year’s 2,41,000 students who took the test. Industry specialists blame the prevailing post-recession industry (to some extent) accountable for unleashing insecurity amongst MBA aspirants.
According to statistics, nearly 60% of the total quantity of CAT applicants is candidates with job experience, and it is this segment of the information that have shown a drastic drop in numbers. CAT examination is specifically developed for students who are interested in pursuing post graduate level management degree from prestigious B-schools in India. It is held as soon as annually and the level of difficulty is comparatively greater to other management entrance examinations, plus this kind of examination is performed at a national level.
Technically, the CAT written examination consists of various sections whose objectives are to test the all round intelligence and proficiency of the candidate in the areas of common awareness, logical reasoning/ ability, information interpretation, quantitative ability and so on. Owing to the higher difficulty level of the examination, interested candidates are advised thorough practice and preparation just before going ahead with it.
This management entrance holds the highest worth in MBA admission in India that is why it stirs waves amongst students who are keen on applying for admission in renowned B-schools. The management entrance examination is performed for admission to the following post graduate applications namely- Management, Agri-organization management, Software enterprise management, Computer aided management, Public policy and management, Management for executives and lastly, Fellow program in management.
A graduation degree from any recognized university with not significantly less than 50% aggregate marks in any stream is the standard requirement for CAT application. Major management institutions like IMT which ranks third amongst private B-schools in India admits CAT qualified students annually in their post graduate management programs provided at numerous areas- IMT Ghaziabad, IMT Dubai, IMT Hyderabad (underway) and IMT Nagpur.