Will I still be eligible for admission if I do not clear the CAT cutoff?
It is essential for the candidates to clear the minimum cutoff for CAT for further admission process, otherwise, they will not get admission to any of the CAT participating colleges. However, some private colleges might invite the candidates depending on their admission rules.
Which are the top CAT participating colleges?
The top CAT participating colleges include IIMs, XLRI Jamshedpur, IIT Delhi, IIT Madras, IIT Kanpur, ISB Hyderabad, MDI Gurgaon, JBIMS Mumbai, SPJIMR Mumbai, TAPMI Manipal, NMIMS Mumbai, IIFT Delhi, FMS Delhi, SIBM Pune, IMT Ghaziabad, etc.
Will there be a separate cutoff for all the CAT participating colleges?
Yes, there will be a separate cutoff for all the CAT participating colleges. The cutoffs of all the participating colleges are released after the declaration of the CAT result and vary every year. Students who meet the cutoff of their desired colleges will be considered for the selection rounds.
How can I apply for admission in CAT participating colleges?
You can apply for admission in CAT participating colleges by filling out the application form of the respective college. If you meet the CAT cutoff set by the desired college and perform well in the selection rounds, then you will be considered for the final admission.
What are the CAT participating colleges other than IIMs?
Some of the CAT participating colleges other than IIMs are National Institute of Industrial Engineering, Mumbai, Loyola Institute of Business Administration, Chennai, Department of Management Studies, Indian Institute of Technology, Delhi, IBS Hyderabad, etc.
What is the selection process for IIMs participating in CAT?
IIMs will select the candidates on the basis of their performance in CAT, personal interview, and written ability test. IIMs will also consider the work experience of candidates while preparing the selection list. Some IIMs conduct centralized admissions based on CAT scores, known as the Common Admission Process (CAP). However, not all IIMs participate in CAP and some choose to conduct their selections independently.
What is the selection process for Non-IIM CAT participating colleges?
The selection process for all the Non-IIM CAT participating colleges is different. Candidates can check the official website of the selected college to know its selection process.
Which CAT participating college will I get admission to after the CAT exam?
There are 20 IIMs and other top CAT MBA colleges in the non-IIM category that accept CAT exam scores as part of their MBA admission criteria. These include, among others, FMS Delhi, MDI Gurgaon, SPJIMR Mumbai, SJMSoM IIT Mumbai, and DoMS IIT Delhi.
Can I seek admission to any IIM without appearing for the CAT exam?
Each IIM accepts CAT scores before moving further with the application procedure. Therefore, there is no likelihood of being admitted directly into any IIM without taking the CAT for an MBA. Several online certificates and diploma programs are offered by IIMs, including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and IIM Indore, where CAT results are not required for admission. Through the Joint Integrated Programme in Management Test (JIPMAT), administered by the National Testing Agency, IIM Jammu and IIM Bodh Gaya admit students to respective IPMs (NTA). IIM Rohtak and IIM Indore are additional IIMs with integrated programs.
Can I pursue an MBA for free at IIMs?
Well, any student can't pursue an MBA for free; however, one may be eligible for need-based financial assistance, which reimburses 50–60% of your tuition costs and is completely based on one's family's overall income, not on caste or any other criterion. In addition to this, there are many government financial aid programs where you can even receive your entire tuition reimbursed.
Do IIM placements offer decent salary packages?
While the pay packages of the more recent IIMs lie between INR 10 LPA and INR 20 LPA, the average salary package provided to applicants in the top IIMs is from INR 20 LPA to INR 25 LPA. At the top IIMs, A, B, and C, the highest pay offers ranged from INR 70 LPA to INR 1 CPA as CTC. Typical international compensation packages start at INR 60 LPA.
Is placement guaranteed after graduating from an IIM?
Every year, IIMs are known to guarantee 100% campus placement for their MBA students, and most of the time, their placement offices honor this commitment. Top domestic and international businesses including E&Y, Deloitte, Walmart, Accenture, JP Morgan Chase, Barclays, and others come to the IIM placement drive every year.