A Comprehensive Seminar On MBA Preparation & Information
The all-India Common Adminission
Test (CAT) for admissions into the Indian Institutes of Management (IIM)
is believed to be one of the most imposing tests in India. Last year
nearly 85,000 candidates contested for about 1,000 IIM seats - and the
figure is expected to grow in subsequent years.
CAT is usually held on the
second Sunday of December, every year. Besides being the tickets to
admission to IIMs - the dream destination for every Indian aspiring
to do a Masters in Business Administration (MBA) - CAT scores are considered
for admission in several other reputed B-Schools in the country. Someone
aptly observed, "CAT is to an MBA aspirant what Olympics is to
an athlete and the World Cup is to a cricketer."
Education Times in association
with Career Launcher (CL) conducted a 'Diagnostic CAT' test under real
test environment on February 8 for the benefit of students contemplating
to take CAT, later this year. Following the event, Education Times and
CL jointly organised a comprehensive programme on MBA preparation and
information on February 8. Held at the India Habitat Centre, the seminar
aimed to provide a closer look at CAT and analyse the methods required
to succeed in the test. The event attracted over 500 CAT aspirants.
The seminar started with a
glimpse on the avenues available to a MBA or a business graduate. This
was followed by an introduction and review of various MBA entrance exams
and CAT in particular. Faculty members from CL's MBA preparatory course,
'Pegasus', then made detailed presentation on test taking strategies.
Participants had the benefit of a question and answer session followed
by individual counselling session.
The presentation attempted
to remove myths like: 'I have to be an IIT-ian or a Stephenian to get
into an IIM'; 'I must be a 'tooper' to go to a top B-School'; 'The more
the material with me, the better is my preparation'; and 'It is easier
to get into FMS, MMS or MDI than an IIM'.
Arguing that typically it's
either parents, peer group, media or interest that influence an individual
opting for MBA, CL's Vivek suggested that ideally self-analysis, interest,
aptitude and your personality should be the guiding factors. "You
should look around and make an informed decision," he stressed.
Describing that MBAs have
gained a tremendous social acceptance over the years, Vivek humorously
remarked, "You just have to scan through newspaper matrimonials
to confirm that." He cited placements, career prospects, employability
and skills, financial security and respectability as positive out-comes
of doing an MBA, while adding, "money is of course an important
motivator and contributor for thousands opting for MBA."
Taking a pick on the mushrooming
of B-Schools, Vivek said: "There are over 750 B-Schools in the
country - close to 50 in Ghaziabad alone. People run MBA shops from
their garages." He cautioned that students must be careful while
selecting the institutions. Vivek counted infrastructure, faculty, affiliations,
alumni strength, industry interface, location, reservations and placement
records of the last three years as the parameters for institute selection.
The counsellors dealt with
different sections of the test, which includes quantitative ability
(QA), data interpretation (DI), verbal ability (VA), reading comprehension
(RC), general awareness and reasoning. They emphasised unanimously that
over the years CAT has become more reason-oriented. "Most of the
exams are moving away from formula-based questions to reasoning. The
ability to think logically is of paramount importance inCAT." stressed
CL's Sandeep. He added, "Start thinking on your feet. Do not use
conventional method. That's what is required of a manager."
Proficiency in English language
through more usage of the language and better RC skills; a decent level
of awareness in general and business afairs; in general and business
affairs; and development of mathematical aptitude - all these compounded
with reasoning - figured as the most important aspects of the preparation
strategy promulgated by the counsellors. Saying that English is the
lingua-franca today, Sandeep elucidated that articulation, listening
and logic are the crucial ingredients of good communication skills.
"English lies on a tripod of