Relevance Of CAT In Master In Business Administration

Relevance Of CAT In Master In Business Administration

By and by, the relevance of MBA education in India-one of the emerging economies in the world-has increased immeasurably. Countless number of management institutions has sprung up in patches in the country to inculcate professional MBA trainings to deserving candidates, and this new development aims at eliminating the current shortage of qualified and well-trained managers sprawling across all the industries in the country.

CAT (Common Admission Test) is India's most reputed management examination, and it is also the foremost screening process 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 number of candidates compared to last year's 2,41,000 students who took the test. Industry experts blame the prevailing post-recession market (to some extent) responsible for unleashing insecurity among MBA aspirants.

According to statistics, nearly 60% of the total number of CAT applicants is candidates with job experience, and it is this segment of the data that have shown a drastic drop in numbers. CAT examination is especially designed for students who are interested in pursuing post graduate level management degree from prestigious B-schools in India. It is held once annually and the level of difficulty is comparatively higher to other management entrance examinations, plus this kind of examination is conducted at a national level.

Technically, the CAT written examination consists of various sections whose objectives are to test the overall intelligence and proficiency of the candidate in the areas of general awareness, logical reasoning/ ability, data interpretation, quantitative ability and so on.

Owing to the high difficulty level of the examination, interested candidates are recommended thorough practice and preparation before going ahead with it.

This management entrance holds the highest value in MBA admission in India that is why it stirs waves among students who are keen on applying for admission in renowned B-schools. The management entrance examination is conducted for admission to the following post graduate programs namely- Management, Agri-business 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 less than 50% aggregate marks in any stream is the standard requirement for CAT application. Leading management institutions like IMT which ranks third amongst private B-schools in India admits CAT qualified students annually in their post graduate management programs offered at various locations- IMT Ghaziabad, IMT Dubai, IMT Hyderabad (underway) and IMT Nagpur.

All about Masters of business administration

All about Masters of business administration
Masters of business Administration i.e. MBA is the most of the people choice who have done their Graduation or pursuing Graduation. In the last few years the scope of MBA is at its peak. Every person wants to make career in MBA. Due to the growth of World Economy the Demand for MBA professional are increasing day by day. This MBA program is not only popular amongst the fresh graduates like B.COM, BCA, BBA, etc but also among other disciplines i.e. Engineers, CA, CS, ICWA etc. Candidates from any disciplines can do this MBA program through various ways.
Why MBA?
The MBA is the professional qualification which requires some basic minimum requirements for some good prospects. Study MBA will provide more exposure, Knowledge and help the person to think HR in a well defined manner. The Major reasons behind the MBA prospect are Intellectual Knowledge, Increased Skill, Personal satisfaction, Widening of skills, change in career direction etc.
The Various MBA streams are MBA Finance, MBA International Business, MBA Finance
MBA HR, MBA Sales & Marketing, MBA Operations and MBA Retail etc. Basically MBA is all about learning management functions in corporate business and also about planning, strategy which could make you feel as a management owner.
There are several reasons why most of the candidates choose MBA as their career.
a) The Career in MBA provides you the Improved and better career as compare to any other professional course. With MBA many professionals are given the chance to improve their career. The MBA candidate will become more respectful in the organization because of their MBA education background.
b) After completing the MBA education degrees, the candidate becomes more competitive in the field of expertise. This means that the students after finishing their MBA degrees get greater advantages as compare to bachelor’s degrees candidates. MBAs degree owner have the edge to apply for several positions in industries.
c) MBA graduated are provided higher compensations and several other facilities. MBA professionals who work in colleges and universities have greater chances of promotion from their present jobs prior to finishing their MBA program.
After pursuing MBA you will be able to boost yourself and get more confidence with inner strength to tackle any nature of problem occurred during the job. MBA program is also god for those who wants to set up their own business. This programs provides you the knowledge related to Business administration in which you will be able to open your own business and learn how to successful manage your business.