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Which is the best exam for MBA?: One of the most popular management entrance exams in India is the Common Aptitude Test (CAT). This exam is conducted once every year and is a gateway for all aspirants to get into some of the top institutes such as IIMs. Every year, this exam is taken by more than 2.5 lakh candidates.
Also, over the years the demand for MBA graduates has immensely increased in the country. If you also want to study any MBA course then the first step is to clear the entrance exam which will allow you to move ahead to study in your desired institute. Continue reading the blog post to learn about the best exam for MBA.
| Particulars | MBA Entrance Exams |
| Course Name | MBA |
| Full Form | Master of Business Administration |
| Course Level | Post Graduation |
| Types of MBA | Full-Time MBA, Part-Time MBA, DistanceMBA, Online MBA, Executive MBA and Integrated MBA |
| Course Fee | INR 2 lakh to 27 lakh and above |
| Top Recruiters Post for MBA | Boston Consulting Group, Mckinsey, Bain & Co, MorganStanley, Citibank, JP Morgan Chase, Amazon,Facebook, Google, Adobe, etc. |
| Admission Process | Entrance Exam+ Group Discussion+ Personal Interview |
| Major MBA Entrance Exams | CAT, MAT, XAT, CMAT, NMAT, SNAP, GMAT, IBSAT |
| Top MBA Colleges | There are 5000+ colleges in India offering Full-TimeMBA. Most popular colleges include IIM Ahmedabad,IIM Bangalore, IIM Lucknow, IIM Indore, FMS Delhi,SPJIMR Mumbai, IIM Calcutta, XLRI, IIM Kozhikode among others |
| MBA Specialisations | Marketing, Operations, Finance, Human Resources, DigitalMarketing and Business Analytics, Sales |
| Average Salary for MBA | INR 5 lakh to 25 lakh per annum |
Table of Contents
Also Read: How to Crack CAT in First Attempt?
Why is CAT the Best Exam for an MBA?
Here are some reasons why all the MBA aspirants should consider taking the CAT exam.
CAT Score Accepted by Top-B Schools
If you are one of those candidates looking to get a tag from an IIM, then this is the management exam you should go for. If you still do not make it through the list of 21 IIM, worry not, as you still have the opportunity to pursue your management education from top B-schools like SPJIMR, NITIE, MDI, IITs, FMS and several others. In total, all top business schools give priority to the CAT exam.
Recruitment by Top Companies
Do you wish to work with some of the top emerging leaders in the world? Write CAT. It is quite evident that all leaders are constantly looking for the next upcoming leader to help them. So, they begin looking at top institutes of IIMs which are one of the breeding grounds for intelligent minds. To be part of the top-tier population, you must take the right step, i.e. take the right entrance exam.
Top Salary Package
By getting into some of the top-tier companies or organisations, you not only crack the jackpot but also get a high salary package. Recruiters are always on the lookout for brilliant candidates who can be hired and of course, be paid well for their work.
CAT Accepted By IIMs
If you aren’t aware, the Indian Institute of Management (IIM) are India’s pinnacle of management education. They offer tailor-made courses in IIM to meet the challenging needs of the corporate world. Nonetheless, they also have world-class faculty in the world. Students get exposed to the latest management practices.
To conclude, the CAT exam not only helps students get admission to top-notch business schools in India. It also allows them to pursue their MBA degree from some of the best international business schools leading them to have a successful career.
Irrespective of the fact whether you score well in the CAT exam or not, the process involved in the preparation for the CAT gives one the opportunity for personal growth. It enhances one’s work ethic, time management skills and dedication. All of this leads to the students getting admitted into a prestigious business school.
Also Read: How To Prepare For CAT?
CAT 2024 Exam Date
If you are considering taking the CAT exam this year, then you must note that the exam is most likely to take place on 24 November 2024 which will be the last Sunday of the month. After clearing this exam, the candidate will get admission to IIMs out of the 21 and other top MBA colleges in India.
CAT 2024 Eligibility Criteria
To be able to take the CAT 2024 exam, candidates must pass the eligibility criteria to be part of the same. Mentioned below are the eligibility criteria which you should make a note of.
- All candidates must have completed their bachelor’s degree with a minimum of 50 per cent while candidates from SC, ST, PWD/DA must have a minimum of 45 per cent.
- Candidates in their final year of bachelor’s or awaiting results can also appear for the CAT exam.
Check Other Posts!
| CAT Syllabus: PDF (Out) | CAT Result 2022 |
| Best Books for CAT 2022 | How to Get Admission to IIM Without CAT? |
FAQs
The benefit of passing the CAT exam is that it leads to good opportunities, and a decent salary, and fosters personal growth.
The CAT management entrance exam is considered to be somewhat difficult. However proper preparation and a proper strategy can make you clear it.
Some of the top management exams include CAT, CMAT, XAT, MAT etc.
This was all about which is the best exam for an MBA. For more informative blogs, check out our Management Exams Section, or you can learn more by visiting our Indian exams page. If you have any queries, visit Leverage Edu, we will be happy to assist you!