MBA college entrance exams such as MAT (Management Aptitude Test) and CMAT (Common Management Admission Test) are gaining recognition across India, in addition to CAT (Common Admission Test), according to the survey ‘MBA Outlook 2021’ by profession and college choice site Shiksha.com (aspect of Info Edge).
Preference for exams such as CAT, XAT (Xavier Aptitude Test), SNAP (Symbiosis National Aptitude Test), MICAT (MICA Admission Test), IRMASAT (Institute of Rural Management Anand) and SPJAT (SP Jain Aptitude Test) improved by minimum 10% in 2020 more than 2019, although preference for NMAT (by GMAC), IBSAT (ICFAI Business School) and IIFT (Indian Institute of Foreign Trade) declined by 12-25% in 2020 more than 2019, the survey noted.
Other findings contain:
—Large cities or household states are preferred college places: In 2020, aspirants from east, north and central India preferred massive cities like Delhi, Bangalore and Mumbai as an alternative of their household state or towns although hunting for MBA colleges. On the other hand, aspirants from west and south India preferred their household state and/or household town more than massive cities.
—Ranking and charges are important for students browsing for an MBA college: College evaluations, admission needs, college rankings and charges & scholarships are the info most wanted by students to make a guided choice. Students also seek info on programmes presented and alumni good results stories.
—Apart from finance, new specialisations are acquiring well known: While MBA in Finance led the charts in 2020, specialisations like enterprise analytics and IT & systems gained preference, as did emerging ones like entrepreneurship, agriculture & meals enterprise and healthcare & hospital.
—Student fairs and family members/mates loose out to college portals and search engines: Students are moving towards on the internet platforms for credible info. Official college web-sites and college listing/ranking web pages have been the strongest platforms for info about colleges.
—Current MBA students are most preferred to get admission-associated info: Interactions with existing students of a college are the leading selection to get more info about a college.
—Weak placements negatively influence a student’s preference: Weak placements are one of the leading issues along with college ranking & accreditation for students arranging to take admission.
—Placement and internship possibilities are important worth-add when selecting an MBA college: Placement possibilities are the leading worth-add that students look for in an MBA college, followed by charge/scholarship programmes, skilled faculty, work-encounter although studying, and sector-professional sessions.