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CAT is still popular
Address: The number of CAT registration was falling for the last few years, but this seems to have changed this time.Last year due to recession many CAT aspirants changed their plans.
The CAT 2011 registration window closed on October 4th with approximately 2.05 lakh registered CAT aspirants.The number of applicants for the Common Admission Test (CAT), the entrance exam for the Indian Institutes of Management (IIMs), has finally risen after a steady drop in the past two years.
Last year, 2.04 lakh had registered to the take the computer-based test. In 2009, about 2.42 lakh had registered. Apart from the IIMs, CAT is the entrance criterion for 150 other management institutes in the country. Good placements last year have encouraged more people to apply.
With 3,000 seats on offer and 2.05 lakh candidates, approximately one in 80 candidates will make it to the 13 IIMs this year.
Those who are ready to spend Rs.13 lakh for an MBA course will definitely look for a better return through a better job.After the economic slowdown and poor job scenario in 2008 and 2009, many gave a rethink to management courses and only serious candidates opt for it now