This article will give you an overview of what B-Schools are, how to get into one, and which B-Schools in India Which Accept CAT Scores.
What Exactly Are B- Schools?
Most of you all may have heard about the B- schools and mainly Harvard Business School or London Business School; but what exactly is a business school? B – Schools also known as Business Schools are basically educational institutions which offer studies related to business. They usually offer the degree of Masters in Business Administration also known as MBA. Most of the Business Schools accept CAT in India. CAT is a national level examination. The IIM (Indian Institution of Management) conducts the exam. CAT usually takes place every year in November.
When Do You Get Into a B-School in India?
The basic criteria to get into a Business school of your choice is to have a graduation degree. Only after that can you apply for a Business School. Also not only that you must also have a good score in order to be eligible to apply for a Business School. If you want admission into the top management colleges such as the IIM’s then you must have a valid CAT score and must have at the least of a 99%ile to apply for them.
Which are the B-Schools in India Which Accept CAT?
A number of candidates also consider a number of Business Schools in India apart from IIMs. Also whilst choosing your desired Business School you must be sure of your eligibility. You must have a score which should be sufficient enough to get into your desired institution. Coming to the Best Business Schools of India, while everyone will have their own preferences when rating their preferred in business schools with respect to differences of choices of infrastructure, methodology, pattern convenience, placements and so on.
Here’s the list of top B-Schools in India Which Accept CAT:
- Indian Institute of Management, Ahmedabad
- Indian Institute of Management, Bangalore
- Xavier College of Management, Jamshedpur
- Indian Institute of Management, Calcutta
- Indian Institute of Management, Lucknow
- Management Development Institute, Gurgaon
- Indian Institute of Management, Kozhikode
- Faculty of Management Studies, University of Delhi, Delhi
- Indian Institute of Management, Indore
- Indian Institute of Management, Shillong
It is again essential to note that though every individual may have differences in respect of their own tastes of preferred institutions however these are basically our most preferred institutions in India for MBA rank wise.
Eligibility Criteria
While the eligibility criteria for a business school is important to know, it is also important to know the eligibility criteria required to appear for CAT.
What is the Eligibility Criteria to appear for CAT?
If you wish to appear for CAT, then you must be holding a bachelor’s degree with at least 50% or any such equivalent CGPA. However, for students belonging to Scheduled Castes (SC), Scheduled Tribe (ST) or Differently Abled (DA) must be holding a bachelor’s degree with at the least of 45% or any such equivalent CGPA.
What is the Eligibility Criteria for admission in a Business School?
While the eligibility criteria for CAT requires you to be holding a bachelor’s degree with a valid score, the eligibility for a candidate to get admission into a Business School is certainly different. It is essential for you to have a valid CAT score to get admission into a business school. When we talk about a valid score, it means holding a score with at the least of the cut-off score or percentile required to get admission into your desired university for holding an MBA Degree.
Now the cut off percentile is not the same for every college. Thus we would be providing you with the cut off percentiles for colleges based on the previous year’s trends.
Eligibility Criteria in the Indian Institute of Management
Whilst a number of candidates desire for a seat every year in one of the IIM’s, However less than a percent of the candidates who appear get into the top IIM’s. CAT is a very competitive examination attracts a number of candidates every year. Approximately 1.7 lakh students had appeared for CAT in the year 2015 which is a huge number of CAT Examination takers with respect to 10,000 seats for MBA across the country.
Coming to the IIM’s, There are 4200 seats in a total of all the IIM’s present in India. The number of Test Takers increase every year and will rise up to approximately 2 lakh candidates by 2019. Also, if you include the reservations done by the SC (Scheduled Caste), ST (Scheduled Tribe) and DA (Differentially Abled) candidates, then you must know that OBC Non Creamy Layer Occupies about 27% seats, Scheduled Castes occupy about 15% seats , Scheduled Tribe occupies about 7.5% seats and PWD occupies about 3% seats which totals up to 52.5% seats under the reservation category of the IIM’s. Now out of the total of 4200 seats of the IIIM’s, 2205 seats are reserved in the IIM’s. This leaves only about 1995 seats in the General Category.
It is important to note that these are not exact figures but only approximate figures. Hence if we calculate in case of General categories, then only 0.009975% number of candidates in the General Category can get admission into the IIM’s.
Percentile required to get admission into the IIM’s :
IIM’s as we all know is not merely a cakewalk. In the year 2016, students with close to a 99%ile and also the ones with a 99%ile could not make it through. This is because of the tough competition on account of an increase in the number of candidates and the low intake capacity. Hence you must be above 99%ile in order to get admission into the IIM’s. However, the cut off percentile of the IIM’s sometimes goes down on account of less competition or other such reasons.
Though there is no such minimum score required for a Business School as it completely depends on the number of seats and test-takers, however, getting a low percentile will not fetch you any seat hence it is very important to get at the least of a 90%ile for a seat at the top business schools and 80%ile and above for two-tier business school in India.
We hope this article helped you understand what B-Schools are, how to get into one, and which B-Schools in India Which Accept CAT Scores.