Takers of AICTE-CMAT Feb 2015, coming out with flying colours after declaration of CMAT result on March 25, 2015 are still in a dilemma whether to go for admission or postpone it for another session. While the admission opportunity is still open in number of B schools in the country, none of the top 25 B schools is ready to accept CMAT scores. On the top of it many B schools occupying prominent place in the AICTE list of B schools and are supposed to accept CMAT scores do not allow admission on the basis of CMAT scores.
The situation is so piquant that even with your high scores in CMAT Feb 2015 exam you are at cross roads and unable to decide. The panic among CMAT takers has grown more intense as most of the highly ranked B schools in the country have closed their admission application process.
To help the CMAT takers to decide on the available options and making a choice between admission or no admission in 2015, MBAUniverse.com shares some key facts which would enable you to clear the fog and arrive at the right decision.
Which tier of B school available at your score
If you have scored high in CMAT Feb 2015 and can find a good B school with good track record on learning experience, large and highly placed alumni base, good placement opportunities, grab the opportunity. In short verify the highlighted USPs claimed by the Institute about its MBA/PGDM programme before exploring admission opportunity.
If your score is not high enough and in case the B school that could offer you admission is not good enough on above parameters, even if you spend a few lakhs of Rupees to get the PGDM/MBA after 2 years, it may not be a wise decision and may make you repent later.
Number of Management institutes in Delhi NCR, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Mumbai are still open with their admission process and some of them are very good also. You can check with them the expected CMAT cut off, they will need before applying to them.
Alternatively you can register free with MBAUniverse.com to know the details about the B schools across the country and also check the anticipated score required by these B schools for admission http://www.mbauniverse.com/article/id/8466/CMAT-2015-result
Be cautious, if employed
If you are engaged in a decent job and are getting handsome salary, why to give it up when you are not sure of getting a top rated B school. By taking admission in a second tier B school, apart from incurring high MBA education expenses, you will be losing 2 years of salary which in no way is less important.
Besides, after completion of the course from some average institute, are you sure of getting a salary twice the amount you are drawing? If no value addition you are going to get even after 2 years, what’s the use of pursuing MBA now, just for the sake of an additional degree? Why then to give up the job instead of getting exposed to learning more at work place? If you have the confidence, you must work hard to score a high percentile in CMAT 2016 (in Sep 2015)/ CAT 2015/XAT 2016 and get admission in 2016 in a highly ranked B school.
In case of shaking confidence level and not getting sure to score higher than what you have scored now, it will be better to continue working and along with your work try to boost your confidence level rather than incurring the high costs associated with obtaining an MBA or PGDM from a low ranking B school.
ROI is important: Get the best
True, that not everyone can get into IIMs or XLRI. But these are not the only top B schools if we rank them in terms of learning and placement. Other B schools like SPJIMR, JBIMS, IIFT, FMS, MDI, IMI, IMT have been doing even better. They need a percentile as high as 95+ to get a call from them. The placement also surpasses many IIMs in these B schools. Do you have the confidence level to compete and score high? If yes, avoid taking MBA admission now and get ready for CAT 2015 and other management entrance exams.
Opt for a better choice
You have to make a choice whether you would like ending up investing Rs.10-15 lacs as fee and other expenses in any B school or investing it to pursue MBA from one of the top rated B schools after a year. The return on investment may also not be good if you commence pursuing MBA/PGDM with a low CMAT score in academic year 2015-16, so why you should go for it. The thought therefore weighs in favour of getting into a good B school and no MBA from average B school now.
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Stay tuned to MBAUniverse.com for more updates on CMAT Feb 2015 result
