Business Schools: MBA admissions now not CAT-centric

Students are transferring in direction of on-line platforms for credible info.

MBA school entrance exams akin to MAT (Management Aptitude Test) and CMAT (Common Management Admission Test) are gaining recognition throughout India, along with CAT (Common Admission Test), in line with the survey ‘MBA Outlook 2021’ by profession and school choice web site (a part of Info Edge).

Preference for exams akin to CAT, XAT (Xavier Aptitude Test), SNAP (Symbiosis National Aptitude Test), MICAT (MICA Admission Test), IRMASAT (Institute of Rural Management Anand) and SPJAT (SP Jain Aptitude Test) elevated by minimal 10% in 2020 over 2019, whereas desire for NMAT (by GMAC), IBSAT (ICFAI Business School) and IIFT (Indian Institute of Foreign Trade) declined by 12-25% in 2020 over 2019, the survey famous.

Other findings embrace:
—Large cities or residence states are most well-liked school places: In 2020, aspirants from east, north and central India most well-liked giant cities like Delhi, Bangalore and Mumbai as an alternative of their residence state or cities whereas searching for MBA schools. On the opposite hand, aspirants from west and south India most well-liked their residence state and/or residence city over giant cities.

—Ranking and costs are key for college students trying to find an MBA school: College opinions, admission necessities, school rankings and costs & scholarships are the data most wished by college students to make a guided resolution. Students additionally search info on programmes supplied and alumni success tales.

—Apart from finance, new specialisations are getting common: While MBA in Finance led the charts in 2020, specialisations like enterprise analytics and IT & techniques gained desire, as did rising ones like entrepreneurship, agriculture & meals enterprise and healthcare & hospital.

—Student festivals and household/mates free out to varsity portals and serps: Students are transferring in direction of on-line platforms for credible info. Official school web sites and school itemizing/rating websites had been the strongest platforms for details about schools.

—Current MBA college students are most most well-liked to get admission-related info: Interactions with present college students of a school are the best choice to get extra details about a school.

—Weak placements negatively impression a scholar’s desire: Weak placements are one of many prime considerations together with school rating & accreditation for college students planning to take admission.

—Placement and internship alternatives are key value-add when selecting an MBA school: Placement alternatives are the highest value-add that college students search for in an MBA school, adopted by payment/scholarship programmes, skilled college, work-experience whereas finding out, and industry-expert classes.

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