Want to do MBA from Top Indian B-Schools, IIM's ,prepare for CAT

Many students in their Graduation dream about getting into IIM's or top Business-Schools for pursuing their MBA, but while preparing they are not sure that will they be able to make it happen.

Getting into any of the prestigious IIM’s is really a herculean task due to high level of competition. Mere qualifying CAT with high percentile can’t ensure seat in IIM's . Before we get into details  let us know the procedure followed by IIM’s for selection:

1). Valid CAT score

2).Writing Ability Test(WAT).

3). Group Discussion.

4). Personal Interview (PI).

Once CAT result is out , candidates have to apply at the individual colleges with their CAT score .Cut off to apply in IIM’s is minimum 90 percentile CAT score and minimum 80 percentile in all three section of CAT exam.

While shortlisting candidates, other things which are taken into consideration are, Academic background(10^th, 12 th and Graduation) and work experience. After considering academic performance and work experience candidates with low CAT scores can also be preferred over candidates with high CAT score.

Once shortlisted candidates are called for Writing Ability Test(WAT), Group Discussion and Personal Interview respective by IIM’s . Every round have separate weightage for the final selection in the college.

Newly formed IIMs conducts separate Common Admission Process (CAP) rounds. Candidates appear for common Writing Ability test and Personal Interview and Each IIM asses their performances and release institute wise merit list based on the selection criteria of the college.

Apart from 20 IIM’s , other 100+ B schools in India accepts CAT score.

Higher Education from Foreign Universities

Selection Procedure in Non IIM Business schools

Non IIM business schools may use different selection criteria for final selection among Shortlisted candidates with valid CAT score, like GD, WAT or PI.

Selection by IIT’s for MBA course

Earlier IIT’s used to conduct JMET examination for admission in MBA courses .But now even IIT’s select candidates based on their CAT score. Writing ability test, Group Discussion and Personal Interview is carried out for final selection.

What is Junior Research Fellow(JRF), Exam and career options

Eligibility for the Foreign Nationals/NRI/PIO for CAT

The eligibility that is needed for foreign nationals, PIO’s or NRI’s is that they must have a Bachelors degree with a minim of 50% (candidates of the SC/ST, PWD categories must have a minimum of 45%). The certification must be from any of the Universities that are accredited by the Ministry of HRD, Government of India. Candidates who will be writing the final exam are also qualified to appear for the CAT exam. Those who have finished their studies and are expecting their results can submit an application for the exam too.

FEE Structure

The fees for an MBA in good colleges in India is very high. Unlike the IITs, the semi-government organizations like IIMs charge hefty fees for admissions. But, there are also other good colleges that charge very minimal fees and offer equally good education like Delhi’s FMS. Here is a list of best B-Schools in India and the cost of admission in them. The given fees is approximate , it may differ with fee shown in the list as fees is revised by colleges time to time.

IIM Bangalore                                 Rs. 19.50 lakh

IIM Ahmedabad                              Rs. 21 lakh

IIM Calcutta                                    Rs. 19 lakh

DMS, IIT Delhi                                Rs. 4.39 lakh

DoMS, IIT Madras                           Rs. 6 lakh

IIM Lucknow                                   Rs. 14 lakh

XLRI Jamshedpur                          Rs. 16.8 lakh

IIM Kozhikode                                 Rs. 16 lakh

DoMS, IIT Roorkee                         Rs. 4.18 lakh

IIM Indore                                        Rs. 14 lakh

VGSoM, IIT Kharagpur                    Rs. 6.72 lakh

FMS, University of Delhi                 Rs. 20,000

NITIE Mumbai                                 Rs. 8.10 lakh

SJMSoM, IIT Bombay                      Rs. 2.25 lakh

MDI Gurgaon                                   Rs. 15.96 lakh

SPJIMR Mumbai                             Rs. 14.5 lakh

DIME, IIT Kanpur                            Rs. 1.60 lakh

IIM Shillong                                     Rs. 12.68 lakh

IIFT Delhi                                       Rs. 14.50 lakh

DMS, IISc. Bangalore                    Rs. 3 lakh

IIM Rohtak                                     Rs. 10.5 lakh

JBIMS Mumbai                             Rs. 2 lakh

IIM Raipur                                    Rs. 10.26 lakh

IMT Ghaziabad                            Rs. 13 lakh

IIM Trichy                                     Rs. 10 lakh

IIM Ranchi                                   Rs. 13..6 lakh

XUB-XIMB                                   Rs. 14 lakh

IFMR Chennai                             Rs. 12 lakh

IIM Kashipur                                Rs. 10.50 lakh

IIFM Bhopal                                 Rs. 4.80 lakh

ABV - Indian Institute of Information Technology and Management Rs. 2.36 lakh

NMIMS Mumbai                          Rs. 13.15 lakh

LIBA Chennai                              Rs. 9.84 lakh

IRMA                                           Rs. 8 lakh

IIM Udaipur                                 Rs. 9.50 lakh

We School Mumbai                     Rs. 8.60 lakh

DSM, DTU                                    Rs. 11.5 lakh

IBS Hyderabad                            Rs. 12.50 lakh

DMS, NIT Trichy                          Rs. 10.87 lakh

SCMHRD Pune                           Rs. 11.2 lakh

KJSIMSR, Mumbai                        Rs. 7.8 lakh

Goa Institute of Management        Rs. 13.85 lakh

IMNU, Ahmedabad                         Rs. 8.9 lakh

MANAGE Hyderabad                      Rs. 4.05 lakh

XIME Bangalore                             Rs. 8 lakh

NIT Warangal                                 Rs. 2.1 lakh

IFIM Bangalore                              Rs. 9.50 lakh

LBSIM Delhi                                   Rs. 8.95 lakh

IIM Nagpur                                     Rs. 10 lakh

IIM Visakhapatnam                        Rs. 10.50 lakh

IIM Sirmaur                                    Rs. 9 lakh

IIM Sambalpur                               Rs. 10 lakh

IIM Amritsar                                   Rs. 9 lakh

Is Doing MBA from IIT’s Good Enough

While IIM’s charge too high for the MBA courses , IIT’s are providing these courses at very minimal charges which students belonging to a middle class family can afford. As far as syllabus is concerned, IIT’s offer latest syllabus, as these courses has been started late compared to other Institutes. Now MBA students of IIT’s are also being offered good packages.

So doing MBA from IIT’s is very good options if you can’t afford from IIM’s.

Source:entrance-exam.net & career 360