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A Master of Business Administration degree is a sought-after postgraduate qualification that is commonly pursued by individuals who have been working in the corporate sector for some time. Since professional work experience is an added bonus for MBA aspirants, people often tend to pursue their education in management while working simultaneously. One of the primary reasons why working professionals are preferred for an MBA course is their existing knowledge and understanding of the corporate world.
The Common Admission Test or CAT is arguably the most popular entrance exam in the field of management. Every year over 2 lakh aspirants register and appear for the CAT exam to seek admission to some of the top management colleges in India. However, CAT is also known for being one of the toughest MBA entrance exams in India. Nevertheless, every management aspirant is aware of the importance of CAT when it comes to MBA admissions.
As mentioned earlier, many aspirants tend to prepare for CAT while handling the responsibilities of a working professional. For such individuals, the onus of balancing their CAT preparation and work schedule can become tedious. Therefore, an effective preparation plan and exam strategy must be devised for working professionals who wish to appear for the CAT 2023 exam. This article shares some of the best tips and strategies that working professionals can follow to enhance their CAT 2023 preparation.
Also Read: CAT 2023 Notification
As a working professional, you will have some limitations when preparing for the CAT 2023 exam. You will not be able to spare as much time and effort as an aspirant with no other responsibilities. Therefore, it becomes very important to play to your strengths and work smartly. Given below are some very important tips you should keep in mind when preparing for CAT 2023, along with a job.
It is very difficult to overstate the importance of practice when preparing for CAT 2023. Solving questions on a daily basis should be an important part of your preparation strategy.
When selecting the best books for CAT 2023 preparation, you should look for books that provide sample question papers, previous year question papers with solutions, and mock tests.
Finding time to study with an already busy work schedule can get tough. However, it can be done if you are wise about how to spend your time. Many professionals use their traveling time to prepare for CAT.
Professionals can often be seen spending 2-3 hours per day in travel and making short notes and studying during the metro ride. This helps you use this time to your advantage. It is important to develop the mindset to crack CAT 2023 and follow your schedule with due diligence.
Working professionals can even subscribe to online video tutorials and they can actively listen to them during their journey to their workplace, or in their leisure time during the day.
Another important point is to not take too much on your plate. If you are preparing for CAT 2023 while working, you might have to pause some other activities where your time is spent. You must be ready to cut out the clutter and make time for preparation.
Also Read: CAT Score Vs Percentile Analysis 2023 - Check Details Here
The CAT preparation process is difficult to manage while doing a job. But with a little bit of preparation and smart work, a candidate with discipline and focus in life can succeed in the CAT. To prepare for the CAT 2023 exam, all you need to do is create a schedule that allots 4 hours every day, and adhere to it religiously. It is simple to follow a schedule for a week, but it is difficult to do it consistently. Thus, it's important that you remember these crucial details. No one can prevent you from reaching success after working hard has become part of the routine. As you pursue your goal, make a schedule and stick to it.<
All About CAT Exam 2023: The Common Admission Test or CAT is one of the most popular MBA entrance exams in India conducted for admission into IIMs and other top MBA colleges in India. Every year, over 2 lakh aspirants sit for the CAT exam and the number keeps increasing every time. Due to the high difficulty level of the exam and its sheer popularity, MBA aspirants have made it a benchmark and are often seen comparing its difficulty level to other exams.
There are 20 IIMs that accept CAT scores for admission to the MBA/PGDM programs. Besides IIMs, top colleges accepting CAT scores are IMT, IMI, SPJIMR, NMIMS, MDI, GLIM, NITIE, Xavier University, FMS, IITs, ICFAI, GLIM, TAPMI, Amity University, Thapar Institute of Engineering and Technology, BIMTECH, and many more. CAT 2023 will likely be conducted by IIM Lucknow on November 26, 2023, in various test cities across India.
The exam will be held for 120 minutes and the question paper will contain 66 questions (48 MCQs & 18 Non-MCQs) from three sections- Quantitative Aptitude, Logical Reasoning & Data Interpretation, and Verbal Ability & Reading Comprehension. If you are appearing for CAT 2023, then you must have complete information about the exam, including the important dates, admission process, eligibility, preparation tips, study material, result calculation, cutoff, top colleges, etc. In this article, we have elaborated all about CAT exam 2023. Have a look!
Also Read: CAT 2023 Notification
CAT 2023 official notification will be released most likely in July 2023 by IIM Lucknow. The application and exam dates will be announced during that time. Once released, candidates must keep track of all the CAT exam 2023 important dates so that they don't miss out on anything.
Event |
Date (Tentative) |
CAT 2023 Notification Release Date |
July 2023 |
CAT 2023 Registration Start Date |
August 2023 |
Last Date to Apply for CAT Exam 2023 |
September 2023 |
CAT 2023 Application Form Correction Window |
September 2023 |
CAT 2023 Admit Card Download Start date |
October 2023 |
CAT Mock Test Release Date |
October 2023 |
CAT Exam Date 2023 |
November 26, 2023 |
CAT 2023 Answer Key Release Date |
December 2023 |
Last Date to Challenge CAT 2023 Answer Key |
December 2023 |
CAT 2023 Result Date |
January 2024 |
Candidates preparing for CAT 2023 have to meet the eligibility criteria set by the conducting body to take the exam. Before registering for CAT 2023, you should know whether you are eligible for the CAT 2023 entrance exam. Know all about the eligibility criteria, application process, documents required, admit card, exam pattern & syllabus below.
The entire CAT 2023 registration process can be divided into three phases: registration, filling out and submitting the application form, and payment of the application fee. The steps listed below can be used by candidates to complete the CAT 2023 registration form.
Visit the CAT 2023 official website - iimcat.ac.in
DI & LR for CAT: Every CAT aspirant must adhere to a productive learning plan in order to ace the exam with a high score both sectionally and overall. One of the trickiest parts of the CAT 2023 exam is the section on Data Interpretation and Logical Reasoning. The CAT exam's DILR evaluates a candidate's aptitude for problem-solving. Gaining an edge in this section requires consistent and rigorous work. Therefore, one should start by comprehending the reason behind having DILR in the CAT exam.
There is a 40-minute sectional time restriction, during which candidates have to answer 24 questions. DILR constitutes a major part of CAT and this is the section where many students face trouble.
This article will provide you with various tips and tricks that will help you in preparing for the Data Interpretation and Logical Reasoning section of CAT 2023.
You must start practising the CAT study materials or any coaching modules to begin preparing for the CAT exam's Data Interpretation and Logical Reasoning portions. You should begin by solving the most fundamental problems, such as ranking, quantitative reasoning, seating arrangements, Venn diagrams, and so on. You can strengthen your conceptual foundation for the CAT exam 2023 by studying such topics.
To perform well in the DILR section of CAT 2023, the candidates need to follow the steps given below.
Practice Previous Years’ Question Papers: Previous years’ question papers serve as an excellent preparation tool. You can learn the necessary skills by completing the test questions. It serves as a fantastic resource for a question bank with quality questions in addition to assisting you in becoming comfortable with the different types of questions and levels of difficulty.
Take Mock Tests: Candidates will comprehend their abilities and the areas they need to improve the most. Students can manage their time much better by working on CAT sample papers and giving themselves two hours. The candidates can then assess how long it takes them to complete each segment and come up with strategies to speed things up. Candidates who want to increase their accuracy should practise CAT sectional mock examinations.
Practise Time Management: Students must plan their approach in accordance with the exam format because CAT 2023 will have a sectional time limit of 40 minutes for each segment. Avoid getting stuck on the questions that you can't finish within the time allotted for each question. Solve all the easy questions first before moving on to the more difficult ones.
Practise Brainstorming Exercises: There is always hidden information in questions involving logic and data interpretation. Use your free time to solve Sudoku puzzles and other puzzles rather than limiting yourself to the questions in the study materials. Additionally, by playing mobile games like 2048, you can improve your skills. These exercises aid in brainstorming and provide easier ways to study for the LR portion. All candidates must know how to use approximations correctly and when to use them. This helps in saving time on some questions the answers of which can be derived by approximations and not calculations.
Evaluate your Performance: After solving several problems from previous year's papers or mock tests, it's important to assess your strengths and weaknesses. Create a category for the different kinds of problems and note which questions you can answer easily and which you cannot. By categorization, you can determine which subjects need increased attention and practice.
Enhance your Performance: After evaluating your performance, strive to improve your speed and concentrate on mental calculations to finish DI questions in less time. For rapid calculations, students must have mastered the square up to a maximum of 30, the cube up to a maximum of 20, square roots up to a maximum of 10, and conversion from fraction to percent
Best ROI MBA Colleges in India 2023: Master of Business Administration (MBA) is not only one of the most popular courses in India but it also ranks high among the most expensive courses in the country. Top management colleges in India charge a fortune for their flagship business programs, whether it is a PGP or Post Graduate Diploma in Management (PGDM). However, why is it that the high program fee for MBA has no effect on the popularity of the course? It is because MBA also happens to be one of the best-paying degrees in India.
The exact course fee for a PGDM/MBA course from a reputed college in the country varies on the MBA specialization and other details associated with the course. However, on average, the total fees for a PGDM/MBA course range from Rs. 10 - 25 lakhs. It is quite obvious that any student who would be willing to invest such a large amount in their education would expect good returns from the course and MBA is a course that delivers on that promise. If you have completed your management education from a good college such as IIM, you are sure to grab an above-average salary package in the Indian context. Here, an important thing to note is the ROI or Return Over Investment of your course.
Also Read: MBA Fees for Management Programmes Offered by B-Schools in India
If you have researched the best B-schools in India, chances are you have come across the term Return on Investment (ROI). ROI basically means how much you are earning after completing a course vs the amount you spend in completing the course. Note that:
A college with low course fees but high salary packages will have a high ROI.
A college with high course fees but the same salary package as the previous college will have a lower ROI than the previous college.
As an MBA is an expensive course, many students are on the lookout for MBA scholarships in India and apply for education loans in India to pay for their courses. For such a student, it is especially important to select an MBA college with a good ROI to ensure that he/ she can pay his student loans on time and get the best salary from their degree. Notably, an Executive MBA course could be a good substitute for an MBA.
In this article, we have provided the b-schools with the best ROI in India. Candidates can check the list below to find out the approx. the program fee, average salary package, highest salary package, and entrance exams of MBA colleges in India that have the best ROIs.
Given below is the list of colleges offering the best return on investments in India. Some of the MBA colleges offering the best placements in India are a part of the list. Check the course fee, average salary package, and highest salary packages of the flagship management courses of the top MBA colleges in India in the table below.