Friday 3 August 2012

CAT, XAT, CMAT, NMAT, IIFT... Make a wise choice of taking MBA entrance exam

There are around 10 MBA entrance exams of national stature which are held every year. These entrance exams open the way to your dream career in Management. Unless you cross this stage, you cannot reach the next levels - GD, PI and WAT.

Though the final admission depends on how you perform at different stages of the admission and the overall score, the written examination is of utmost importance.

For an MBA aspirant, it is important to evaluate himself and select the right entrance exam for their entry to the B-school of their choice. As it is not compulsory to take each and every exam, you must choose carefully which MBA entrance exam to take as all have some different uniqueness which may work for you, or may not work. You must select the exams on the basis of certain factors such as the advantage of taking the exam, participating B-schools, cost of application to name a few.

Let us have a look at the exams of the year and their typical features.

CAT 2012

Important Dates: CAT 2012 was announced on Wednesday, July 18, 2012 and the CAT bulletin was announced in the newspapers on Sunday, July 22, 2012. The computer based test will be held in a window of 21 days from Thursday, October 11, 2012 to Tuesday, November 6, 2012.

The Registration process is going on at present, which started from Monday, July 30, 2012 and the last date of registration is Wednesday, September 19, 2012.

Registration fee: The registration fee for CAT 2012 is Rs. 1600. You do not have to apply separately for the IIMs, but for the non-IIM B-schools, separate application is required.

B-schools accepting CAT 2012 scores: As on August 1, 2012, the number of non-IIM participant B-schools was 115. According to CAT 2012 Convenor Prof. SSS Kumar, the list is getting updated as many top B-schools including IITs are yet to be added.

Number of takers: CAT 2011 was taken by 1.85 lakh candidates whereas the number of registered candidates was 2.05 lakh.

CAT advantage: CAT is the biggest MBA entrance exam taken by the majority of the MBA aspirants for the admission in the 13 prestigious IIMs and around 150 B-schools. Since last year, the Department of Management Studies of IITs and NITs and FMS, University of Delhi has also started accepting CAT scores.

 XAT 2013

After CAT, the most sought after MBA entrance exam is XAT, which is conducted by XLRI Jamshedpur. XAT is one of the toughest nuts to crack as the difficulty level is pretty high in this exam.

Important Dates: XAT is traditionally held in the first Sunday of January. XAT 2013 is scheduled for Sunday, January 6, 2013. The official announcement would be made on Wednesday, August 8, 2012.

Registration fee: The application fee for XAT is Rs. 950. You do not have to apply separately for XLRI, the institute conducting the exam, but you have to apply separately for the participating B-schools.

B-schools accepting XAT scores:  This year, XAT 2012 scores were accepted by 101 B-schools. Some of the prominent names are XIMB, XIME Bangalore, SPJIMR, Loyola Institute of Business Administration, Great Lakes Institute of Management, Goa Institute of Management to name a few.

Number of takers: XAT 2012 was taken by approximately 80, 000 candidates.

XAT advantage: XAT scores are accepted by over 100 prestigious B-schools across India. Cracking XAT can give you entry to the top B-schools of premier league like XLRI and others.  

CMAT 2013

CMAT or Common Management Aptitude Test conducted by AICTE was first conducted in February 2012. It is a computer based exam. CMAT would be conducted twice, once on September-October and January-February. The CMAT for September-October for the academic year 2013-14 has been announced.

Important Dates: CMAT September exam was announced on Tuesday, July 31, 2012. The exam will be held from Thursday, September 27 to Monday, October 1, 2012. The registration process will start from Friday, August 3, 2012. The last date for registration is Sunday, September 2, 2012.

Registration fee: The registration fee is Rs. 1200 for the General and SC/ST candidates.

B-schools accepting CMAT scores: All the B-schools which are AICTE approved can accept CMAT scores. CMAT 2012 scores were taken by around 2000 B-schools. Some of the noted B-schools include Great Lakes Institute of Management Chennai, Goa Institute of Management, We School Mumbai and Bangalore, IFIM Business School Bangalore, Jaipuria Institute of Management Noida, Lucknow & Jaipur, Asia Pacific Institute of Management Delhi, ITM Navi Mumbai and Bangalore, IILM New Delhi and Gurgaon to name a few.

Number of takers: CMAT 2012 was taken by 70, 000 candidates.

CMAT advantage: The candidates are allowed to take the exam twice and the best of the scores would be considered for the admission.

MAT 2012

MAT is the MBA entrance exam conducted by AIMA. The exam is held four times a year. The next MAT is on September 2012. MAT is held in two formats, paper pencil based as well as computer based.
Important Dates: MAT September 2012 will be held on Sunday, September 2, 2012 for the paper pencil based format. The computer based exam will be held from Saturday, September 8, 2012 onwards. The registration process is going on at present and the last day to register is Thursday, August 16, 2012.

Registration fee: The application fee is Rs. 1200.

B-schools accepting MAT scores: MAT September 2012 would be accepted by 195 B-schools across India.

Number of takers: MAT May 2012 exam was taken by around 32, 000 candidates. 

MAT Advantage: MAT exam is held four times a year which gives you enough chance to crack the exam. The difficulty level of the exam is of uniform difficulty and it does not throw any surprises. The difficulty level is easy to moderate. If you are aiming for a mid tier B-School, MAT is a good option for you.

NMAT 2013

NMAT is the entrance exam for NMIMS University. The computer based exam is held in a window of a month and a half. The candidates can take the test thrice and the best of the scores would be accepted. The NMAT 2013 exam has been recently announced.

Important Dates: NMAT 2013 will be held from Thursday, October 11, 2012 to Monday, December 19, 2012. The registration process has started from July 11, 2012. The last date for registration is Tuesday, September 25, 2012.
Registration fee: The registration fee is Rs. 1650 or Rs. 2000, depending on the number of courses you are applying for. The late registration fee is Rs. 2150 and Rs. 2500. The rescheduling fee is Rs. 800.

B-schools accepting NMAT scores: NMAT scores are accepted by NMIMS University, which has its campuses in Mumbai and Bangalore.

Number of takers: NMAT 2012 exam was taken by 56, 000 candidates.

NMAT Advantage: NMIMS University is one of the most prestigious private universities of India. You can take the exam thrice and the best of your scores would be accepted, which makes a pretty good chance for getting a call. There is no negative marking scheme in the exam. However, the application fee is high compared to the other exams and for each retake and GD PI, you have to register separately.

IIFT 2012

IIFT or Indian Institute of Foreign Trade Delhi & Kolkata conducts its own MBA entrance exam for the flagship course of MBA Foreign Trade (FT). The exam is a paper pencil based test.

Important Dates:  IIFT 2012 will be held on Sunday, November 25, 2012. The registration process is going on at present and the last date is Monday, September 3, 2012.

Registration fee: The registration fee for IIFT entrance exam is Rs. 1500.

B-schools accepting IIFT scores: IIFT entrance exam scores are accepted by IIFT Dehi and Kolkata and other institutes which offer course on Foreign Trade such as IFIM Business School, Bangalore.

Number of takers: Number of test takers for IIFT 2011 exam was 56, 000.

IIFT Advantage: IIFT is a premiere B-School under Government of India, which offers MBA in Foreign Trade. But you should take the exam only if you are absolutely sure about your interest in foreign trade and your performance as the institute has high cut off and has 281 seats only.

SNAP 2012

SNAP is the entrance exam for the institutes under Symbiosis International University. The paper pencil based exam is conducted every third Sunday of December. This year, SNAP has not been announced as of yet.
Important dates: Going by the general timeline, SNAP 2012 is tentatively scheduled for Sunday, December 16, 2012. The exam has not been announced yet.

Registration fee: The registration fee for SNAP exam is Rs. 1550.

B-schools accepting SNAP scores: All the institutes which are affiliated to Symbiosis International University accept the SNAP scores. The prominent B-schools under Symbiosis International University are Symbiosis Institute of Business Management (SIBM) Pune, Symbiosis Institute of International Business (SIIB) Pune and Bangalore, Symbiosis Center for Management & Human Resource Development (SCMHRD) Pune, Symbiosis Institute of Telecom Management (SITM) Pune to name a few.

SNAP Advantage: SNAP scores are accepted by the institutes under Symbiosis International University. The B-schools under the university offer specializations such as International Business, Telecom Management, HRD, Computer Science to name a few. If you are interested in a specialized MBA, taking SNAP is a good option for you.

IRMA 2012

IRMA or Institute of Rural Management Anand conducts IRMA entrance exam for the admission to the institute. It is a paper pencil based exam.

Important Dates: IRMA 2011 was held on November 13. Given by the regular timeline, this year IRMA is tentatively scheduled for November 11, 2012.

Registration fee: The registration fee of IRMA is Rs. 1000 or Rs. 1500 depending on the number of courses you are applying for.

B-schools accepting IRMA scores: IRMA entrance exam scores are accepted by IRMA and some other B-schools which offer a course on Rural Management like XIMB.

IRMA Advantage: If you are really passionate about Rural Management, you must take IRMA. But if you are more interested in general MBA program or placement in a high paying job, you may choose not to take the exam for this specialized field.

Hence, make a wise choice of which MBA entrance exams to take as it would help you focus on your preparation and prevent the clash of dates of the different exams.

Stay tuned to MBAUniverse.com for more news and updates on MBA entrance exams.

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