Tag: MBA

An overview on management entrance exams in India

It is mandatory for the MBA or PGDM aspirants to take up a competitive management entrance exam, if one wish to join reputed Business Schools in India. There are several entrance exams national level, state level, University or Institute specific etc. The most important management entrance exams are covered below. Please note that the list is not exhaustive, only selected entrance exams are mentioned below.

ATMA (AIMS Test for Management Admissions)

AIMS Test for Management Admissions (ATMA) is an all India level entrance exam conducted by Association of Indian Management Schools (AIMS). ATMA is approved by the Ministry of Human Resource Development for admission in MBA & PGDM courses. The first test was held on 20 February 2000. ATMA can be taken either ONLINE or OFFLINE (paper-pencil test).

ATMA Question Paper Pattern

ATMA is held four times for an academic year MBA or PGDM Admissions, once in December, February, May and August. ATMA consists of 180 questions spanned across six sections in three broad domains namely Quantitative Skills, Verbal Skills and Analytical Reasoning Skills.

Structure of ATMA
Section Domain No. of Questions Allotted Time
I Analytical Reasoning Skills -I 30 30 Min
II Verbal Skills -I 30 30 Min
III Quantitative Skills -I 30 30 Min
IV Verbal Skills -II 30 30 Min
V Analytical Reasoning Skills – II 30 30 Min
VI Quantitative Skills -II 30 30 Min
Total 180 180 Min

Institutes which accept ATMA Score

The website for ATMA is http://atmaaims.com/

CAT (Common Admission Test)

Common Admission Test (CAT) is conducted by Indian Institutes of Management (IIMs), CAT is conducted once a year usually during November. CAT is considered to be one of the toughest management entrance exams in the world. CAT score is also considered for MBA & PGDM admissions in non IIM Business Schools, few reputed Business Schools use only CAT scores for example Institutes like FMS Delhi, SP Jain Mumbai and the IITs. CAT can only be taken as an ONLINE (computer based test CBT) test.

CAT question paper pattern

The CAT will have only two sections (changed to two instead of three from 2011). The first section is Quantitative Ability & Data Interpretation; the second section is Verbal Ability & Logical Reasoning. These two sections will be implemented sequentially with separate time limits. CAT will be for 140 minutes and each section has 70 minutes as a maximum duration, after completing the section I and once the candidate chooses to move to section 2, he or she will no longer be allowed to move back to Section I.

CAT official website is http://www.catiim.in/

CMAT (Common Management Aptitude Test)

Common Management Aptitude Test (CMAT) is a new edition to the list of MBA entrance exams, CMAT is held twice a year during September and February and is conducted by AICTE (All India Council for Technical Education). CMAT is a computer based test, the 180 minute test will comprise of four sections as show below.

CMAT question paper pattern

Type of Questions No. of Questions Max. Marks
1) Quantitative Techniques & Data Interpretation 25 100
2) Logical Reasoning 25 100
3) Language Comprehension 25 100
4) General Awareness 25 100
There shall be negative marking for wrong answers, for each wrong answer 1 mark shall be deducted.

CMAT official website is http://www.aicte-cmat.in/

MAT (Management Aptitude Test)

Management Aptitude Test (MAT) is conducted by the All India Management Association (AIMA), MAT is held four times year during September, December, February and May. MAT can be taken as an ONLINE or an OFFLINE (paper-pencil test).

MAT Question Paper Pattern

MAT will have 200 questions to be answered in 150 minutes, there is no sectional cutoff in MAT. There is 1/4th negative marking, MAT is considered to be slightly easier and hence MAT is preferred by many MBA aspirants.

No. Section No of Questions Time Suggested (Minutes)
1. Language Comprehension 40 30
2. Mathematical Skills 40 40
3. Data Analysis and Sufficiency 40 35
4. Intelligence and Critical Reasoning 40 30
5. Indian and Global Environment 40 15
Total 200 150

MAT official website is http://www.aima.in/

XAT (Xavier’s Aptitude Test)

Xavier Aptitude Test (XAT) is conducted by XLRI on behalf of XAMI – XAT Associate Institutes. XAT is a conducted once a year, the test is accepted by more than 100+ MBA colleges across India.

XAT Question Paper Pattern

XAT is a three hour paper pencil test with Multiple Choice Questions (MCQs), the exam will be divided into 2 parts. Part A will be of 2:20 hrs which consists of Quantitative Ability, English Language Ability & Logical Reasoning and Decision Making. Part B of the exam comprises of Essay writing and General Awareness. Duration of this section is of 40 minutes. Questions in General Awareness will be from Business, Economics and Politics related to Business Environment. Candidates have to attempt both essay as well as General Awareness.

XAT official website is http://www.xatonline.net.in/

SNAP (Symbiosis National Aptitude Test)

SNAP is a national level management entrance exam used by 13 Institutions under the Symbiosis International University.

About the SNAP Test

SNAP is a 2 hour management entrance test held in objective format (4 responses of which one will be a correct answer). There will be negative marking 25% mark will be deducted for each wrong answer.

Sr.No. Sections Total Marks
1 General English: Reading Comprehension, Verbal Reasoning, Verbal Ability 40
2 Quantitative, Data Interpretation & Data Sufficiency 40
3 General Awareness: General Knowledge, Current Affairs, Business Scenario 40
4 Analytical & Logical Reasoning 60
Total 180

SNAP official website: http://snaptest.org/

NMAT (NMIMS Management Aptitude Test)

NMAT is a management entrance exam used by Narsee Monjee Institute of Management Studies (NMIMS, Mumbai) one of the reputed business schools in India.

NMIMS is declared to be a deemed to be university hence NMIMS offers MBA Programme, the admissions are based on NMAT.

NMAT™ is conducted in a time frame of 3 months, allowing choice of two retakes to the students should any of them wish to. In such cases, the best of three scores will be considered.

NMAT is an objective based test comprising of three sections Language Skills, Quantitative Skills & Logical Reasoning. There will be 120 questions to be answered in 120 minutes.

NMAT official website: http://nmat.org.in/

IBSAT (ICFAI Business School Aptitude Test)

IBSAT is used by ICFAI University & affiliated colleges, IBSAT is a national level management entrance exam. IBSAT is an online aptitude test which consists of 125 questions to be answered in 2 hours.

IBSAT official website: http://www.ibsindia.org/ibsat/

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Welingkar holds Interactive Sessions in New Delhi for MBA aspirants

In its efforts to educate the MBA aspirants on the various aspects of management education, Welingkar Institute of Management Development and Research has announced interactive sessions –‘We Interact’ on Saturday and Sunday in Delhi.

Experts from the Institute will interact with the students, clearing their queries about the various programs and options management education offers. They will also discuss at length the elements one should diligently consider before going for a particular specialization.

Besides, the sessions will focus on the concepts of Integrative Manager, Design thinking, Innovation and T-shape Manager and their growing play in business management and thus the indispensability of the same in business education.

We Interact sessions are slated for

Saturday: 22 December 2012

I session: 11:00- 1:00 pm & II Session: 5: 00- 7:00 pm

Sunday: 11:00- 1:00 pm

Venue: House No.1, II Floor, Ring Road, Lajpat Nagar, New Delhi-110024

For more details contact: 9810775668 / 9212171051

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IIM A & IIM B Students have the highest average GMAT scores in the world – Report

According to QS Global 200 Business Schools report by topmba.com, IIM Ahmedabad & IIM Bangalore students have the highest average GMAT scores in the world. The average GMAT score of IIM Bangalore is at 780 while the average GMAT score at IIM Ahmedabad is at 767, the scores are ahead of the leading US Institution Stanford (GMAT Avg: 730) and INSEAD in Europe (GMAT Avg: 704).

The QS Global 200 Business Schools Report 2012 further stated that Indian MBA candidates are the world’s most academically distinguished. IIM Ahmedabad has been named among the three Asian Schools in the Elite Global category. IIM Kolkata and IIM Bangalore are in the Emerging Global category with GMAT averages 700  & 780 respectively. In the Elite Regional Business School category, SP Jain Institute of Management and Research has been chosen among the four Business Schools in Asia. Among the Emerging Regional Business Schools category IIFT is seen as the lone Business School from India.

The category definitions and a report with detailed insights on Business Schools can be accessed at http://www.topmba.com/.

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MBA aspirants prefer GMAT, despite increased acceptance of GRE scores – Study

According to a survey conducted by Kaplan Test Prep, GRE has remained second in student eyes. For traditional Business School Admissions, GMAT is the preferred by MBA aspirants finds the Study. According to the 2012 survey which included input from 265 business school admissions officers, 69% of business schools now give applicants the option of submitting scores from the GRE rather than the GMAT.

But while more MBA programs are offering the GRE alternative to prospective students, few applicants are taking the option. Roughly half of the business schools surveyed (46%) say fewer than 1 in 10 applicants submitted a GRE score this past admissions cycle. Data supports applicants’ wariness – while the majority of business schools (69%) say scores from both tests are viewed equally, 29% say that applicants who submit a GMAT score have an advantage over applicants who submit a GRE score.

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List of MBA specialisations

Every year Lakhs of graduate students opt for MBA or PGDM courses, the most preferred specialisations have remained to be either MBA Marketing or MBA Finance and moderate number of students also opt for MBA in Human Resource Management. There are several other specialisations in MBA, below is the list of MBA specialisations.

  • MBA in Agribusiness Management: Agribusiness Management is a perfect specialisation for MBA Graduates interested to work in companies based on Micro Finance, Agriculture, Food Processing, Rural Marketing, International Agriculture Trade, Market Research in Agribusiness and NGOs engaged in Rural Development.
  • Agribusiness Management is offered in selected business schools including the IIMs, IIM Ahmedabad tops the list among the Business Schools which offer Agribusiness Management course. Post Graduate Programme in Agribusiness Management (PGP-ABM) from IIM Ahmedabad is much sought after course. Candidates aspiring for MBA in Agribusiness Management must appear for Common Admission Test (CAT) conducted by IIMs.
  • MBA in Aviation Management: MBA in Aviation Management will help budding Managers with necessary skills like Ground Handling, Cargo, Aviation Safety, Fleet Management, Fuelling Management and other areas related to Aviation Industry.
  • MBA in Banking: MBA in Banking is a much sought after course for students willing to make their career in Banking sector. Both Private & Public sector banks show interest in recruiting MBA students with specialisation in Banking.
  • MBA in Biotechnology: Graduates with interest in biotechnology field should opt for MBA Biotechnology, placement offers exist in the field of Life Sciences, Bio-Informatics and Bio Services companies.
  • MBA in Media & Communications: Graduates who have keen interest to make their career in Mass Media or Journalism can opt for this specialisation. Mudra Institute of Communications Ahmedabad is one known Business School offering Management courses related to Media, Promotions, Advertising & Branding.
  • MBA in Entrepreneurship or Family Business: This specialisation is ideal for students coming from a Business background, the course is also offered as a certificate course, Institutes like SP Jain Institute of Management & Research offers this course.
  • MBA in Finance: A perfect specialisation for commerce graduates, however relatively even Engineering graduates are also showing interest in MBA Finance. MBA in Finance aces students with knowledge in Capital Budgeting, Options, Futures, Stock Market Analysis and complete Finance Management.
  • MBA in Insurance Management: Certain private and public banks each year shows keen interest in recruiting MBA students with specialisation in Insurance Management. However most students are hired for Marketing financial instruments, it is advisable to opt MBA Marketing to have a broader access to Jobs.
  • MBA in Healthcare Management: Health care sector in India is very dynamic and graduates study Healthcare courses are equipped with relevant management skills such as increasing the organisational effectiveness, cleanliness, team management and addressing new challenges in Healthcare Industry.
  • MBA in Human Resource Management: As most companies say that Employees are their biggest assets, people management is often a tedious task thus a need for a Human Resource Manager is vital for any organization. Imagine 10,000 people team with no one to Manage and things could get messy. Students in Human Resource Management course are taught with organizational behaviour, team management, recruiting, pay roll and soft skills.
  • MBA in Infrastructure Management: Students from Civil & Mechanical background would ideally prefer to work in Infrastructure Industry, both technical and management skills are vital for jobs in this vertical. Students are taught about work optimization, resource optimization, material management and economic scenario surrounding the project work.
  • MBA in Information Systems: Information Management is vital for any organization, most companies are going paper free. Once the important documents were stored in the form of physical documents now everything is digital thanks to the Technology. Managers trained in Information Management or Information Systems are responsible for the entire management of Information within the Company.
  • MBA in Information Technology: MBA in IT is an ideal specialisation or combination specialisation for Engineering Graduates, students are taught with concepts related to computer subjects.
  • MBA in Marketing: MBA in Marketing is a much sought after course, one can say a job guaranteed course. Every firm has requirement for Marketing & Sales, students study subjects on Marketing Management, Sales, Retail business, advertising, International Marketing etc.
  • MBA in Operations Management: The operations manager handles the day to day activities of a firm, organizations would prefer MBA’s in this role as the job involves leadership, initiation, communication with in the team etc.

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14th Nov is the last date to buy December MAT 2012 application forms

The last date to buy the application form for December MAT 2012 is 14 November 2012, application forms can be purchased from Bank of Baroda, AXIS Bank or at AIMA study centres. The filled in application forms must reach AIMA, New Delhi latest by 17 Nov 2012, candidates willing to apply online must also apply by 14 November 2012.

December MAT will be held in both offline (paper-pencil) & online (CBT mode), candidates can opt for his or her preference. The important dates for December MAT 2012 are mentioned here. Those who have already applied for December MAT 2012 can download the admit card from AIMA website from 24 Nov 2012.

Apply online for December MAT 2012

Also read CMAT February 2013 dates announced, registration process started

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Employability of MBA Graduates at dismal low – Report

According to a study conducted by Aspiring Minds, the employability of MBA Graduates is at a dismal low. Only 2.52% of MBA Graduates are employable in Business Consulting & only 7.98% for the Analyst domain, both roles demand high cognitive skills.

The report also revealed that employability in corporate (B2B) sales (10.56%) is almost half of that in Consumer (B2C) sales (21.72%). The employability for customer service roles is 16.01%. In these roles, behavioural and personality aspects of the candidates play an indispensable role. The marketing domain recorded the lowest employability at around 6.99%, BFSI (7.69%) and HR jobs (9.63%) follow closely.

The report is based on a sample of more than 32,000 MBA students graduated in the year 2011 from over 220+ B-Schools across India. The survey has been carried out by using AMCAT™ a test conducted across the country throughout the year, AMCAT has been taken by over 750,000 candidates in 1300+ campuses, spread across 23 states.

Varun Agarwal the COO & CTO of Aspiring Minds said that there is an urgent need to audit whether we are training industry-ready individuals. Nearly 2.14 lakh students have applied for 3500 seats through CAT this year, which is just a small chunk of the huge capacity of management education in the country.

Aspiring Mind’s employability report is a step in this direction. The low employability figures show that management students and colleges need personalized employability feedback and guidance to take the right corrective steps. This shall not only lead to more students getting jobs, but also addressing the large talent needs of our growing industry” he said.

Management education has witnessed a mushrooming growth in India from just about 200 MBA colleges in the early nineties to around 3300 MBA colleges today. There has been a remarkable focus and success on building capacity in management education in India. However, employability for management students remains below 10% for any functional role in the field of HR, Marketing or Finance. On the other hand, it ranges between 10–20% for roles involving sales and client servicing.

Share your views and input your suggestions in the comments section!

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Planning for your MBA know who is who

Well it was a quiet a lot of hype created for a management degree in India, across the streets often you see more MBA graduates than any one else. The MBA market is terribly big, how big every one knows there are colleges with unlimited number of seats. A known college in Bangalore, International Institute of Business Studies (IIBS) each year enrolls about 600 students and all they offer is non AICTE approved management courses. The courses they offer are from Mysore University, Punjab Technical University, Bharathiar University & Gulbarga University. All of them are outreach MBA courses which cannot be treated as regular MBA programmes, a recent expose by careers360 a career magazine has a detailed report on gimmicks colleges are employing to lure students.

A complete list of MBA colleges which are not approved by AICTE is released recently, please download the below file and cross check the colleges before enrolling for the course.

Be sure to know that Universities operating away from their home state cannot give full time courses. For example Bharathiar University Coimbatore is from Tamilnadu and Punjab Technical University is from Punjab, Manonanmaniam Sundaranar University is also from Tamilnadu. Sense something fishy if colleges in Karnataka or any state apart from the Universities home state claim as full time degree courses.

Increased number of unemployed MBA graduates are because of colleges which take students without minimum standards, entrance tests have almost become a joke. No matter what the score is, for some MBA colleges it is not a mandatory thing and for some it is a formality. What’s your take on this, do tell us!

Unapproved MBA colleges

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AICTE: 327 Business Schools Across India Are Unapproved

The All India Council for Technical Education (AICTE) is an apex body which regulates technical and management education in  India. According to a list uploaded by AICTE on it’s official website; 327 Business Schools in India are unapproved.

The list was updated on 05 July 2012, there is a significant rise in the unapproved Institutes in the past few years. Maharashtra has the highest number of Business Schools (108) which are not approved by AICTE, second in the list of unapproved Business Schools is Delhi with 61 and the third in the list is Andhra Pradesh at 44.

Below is a table with state wise count of unapproved Business Schools.

State Number of unapproved Business Schools
Andhra Pradesh 44
Bihar 02
Chandigarh 08
Delhi 61
Goa 02
Gujarat 03
Haryana 17
Himachal Pradesh 02
Karnataka 22
Maharashtra 108
Orissa 01
Punjab 03
Rajasthan 02
Tamil Nadu 11
Uttar Pradesh 17
West Bengal 24
Total 327

a. Count of unapproved Business Schools by State

View list of unapproved Business Schools

http://www.aicte-india.org/

According to a report, AICTE Chairman S S Mantha made a statement saying, “Sitting in Delhi, I cannot go and raid some institutions in some other state. We also cannot stop the state government from giving approvals.” (via)

The data shown above and the statement given by SS Mantha contradicts, as Delhi alone has 61 unapproved Business Schools which is next only to Maharashtra. The obvious question would be why didn’t AICTE bring down or take action against unapproved Business Schools in Delhi.

Share your views!

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List of MBA Colleges in Kolkata

Below are the list of prominent MBA Colleges in Kolkata, the list is not comprehensive but covers all the reputed or prominent MBA Colleges or Business Schools in Kolkata. The top MBA College is IIM Kolkata, the entrance test for getting through in IIM Calcutta is CAT conducted by IIMs.

List of MBA Colleges in Kolkata

No. MBA College or Business School Name
1 Academy for Professional Excellence (APEX)
2 Accord School of Business
3 Annex College of Management Studies
4 Army Institute of Management
5 Bengal Institute of Business Studies
6 Bhavan’s Institute of Management Science (BIMS)
7 Budge Budge Institute of Technology
8 Calcutta Business School
9 Camellia School of Business Management (CSBM)
10 Department of Business Management, Calcutta University
11 Eastern Institute For Integrated Learning In Management (EIILM)
12 Eastern Institute of Management (EIM)
13 Footwear Design & Development Institute (FDDI)
14 Future Innoversity
15 Future Institute of Engineering and Management (FIEM)
16 George College
17 Globsyn Business School
18 Goenka College of Commerce and Business Administration
19 Heritage Institute of Technology
20 IBS, Kolkata
21 ICE Management Institute (ICEMI)
22 IIAS School of Business & Informatics (IIASSBI)
23 IIAS School of Management
24 IILM Business School
25 IIM Calcutta
26 Indian Institute of Bio-Social Research and Development (IBRAD)
27 Institute of Business Management (IBM)
28 Institute of Business Management & Research (IBMR)
29 Institute of International Trade
30 Institute of Management Studies (IMS)
31 Institute of Management Study
32 International Institute of Business Studies (IIBS)
33 International Management Institute
34 International School of Business
35 ISB&M School of Communication
36 Jyotirmoy Education & Welfare Foundation
37 Mayfair Business School (MBS)
38 Narula Institute of Technology
39 National Institute of Human Development
40 National Institute of Personnel Management (NIPM)
41 National Institute of Retail Management (NIRM)
42 Nexgen School of Management and Technology
43 NIILM School of Business
44 NIS Academy
45 NSB-NIILM School of Business
46 Pailan College Of Management & Technology (PCMT)
47 Prajnanananda Institute of Technology & Management
48 Praxis Business School
49 St. Xavier’s College
50 Techno India Group B-School
51 Umesh Chandra College (UCC)
52 Usha Martin Academy
53 Visva-Bharati Centre for Management Studies

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