Admission to MBA programme in 2014 in a low ranked B school must be avoided if you are confident of cracking CAT 2014 with 90+ percentile or you have a good job with decent salary.
Crack CAT 2014: Assess your confidence level
The question- ‘how confident you are to score a high percentile in CAT 2014’ can only be answered by you. Your low score in CAT 2013 might not get you a very good B school nor do we advise you to pursue one if you have confidence enough to hit the jackpot. A percentile range up to 85 may not push you up beyond a second tier B school nor can any score guarantee you admission to IIMs or XLRI unless you are backed with a strong academic profile.
If you have scored a CAT/XAT percentile below 90, you may get only a second tier B school. If you can improve your performance and have that strong confidence to crack CAT 2014 with a percentile around 95, MBAUniverse.com advises you to wait and don’t be in a hurry to take MBA admission in 2014.
Think where do you stand and what you would be getting after 2 years of your MBA study? The MBA from low ranking B school may not get you anywhere in terms of learning and placement. Let your confidence prevail, nurture it and work hard for next 120 days to get the top ranking B school in 2015.
Closed Group for CAT 2014 crackers, do you have it in you
Why to give up the decent job?
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? Probably not! 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 CAT 2014 exam and get admission in 2015 in a highly ranked B school.
Yes, 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.
Get the best MBA in 2015; ROI is important
True that not every one 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 since they were established and as such you need a percentile as high as 90+ 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 2014.
What’s better? Should I end up investing Rs.10-15 lacs as fee and other expenses in any B school or invest it to pursue MBA from one of the top rated B schools? Our answer goes for latter and of course yours would also follow suit. How wise it would be to invest 10 lacs to get an annual placement package of Rs.4 lacs after 2 years, that too when I am earning almost same amount before my MBA degree? What’s the ratio of return and why should I go for it? If it’s only the matter of pursuing MBA, I can do it with distance learning, executive MBA and with other options. The thought comes and weighs in favour of no MBA from average B school now.
To get the authentic Placement data m Click Here Top B school Placement Reports 2014
Should I give up thinking about MBA?
Why, who advises you so? If you want to shape your future and wish to pursue quality MBA, boost your energy, believe in yourself and build the confidence to crack CAT 2014 with high percentile. 4 months or 1 year in life means nothing, if you have an inclination and will to achieve the goal. Admission to any of the following B school can get you a very good ROI after completion of your MBA whether you are a fresher or a working professional.
Please remember competition for pursuing MBA/PGDM is only among top 30 thousand candidates who try to enter top 30 B schools every year by appearing in CAT/XAT/CMAT/MAHCET. Interestingly same candidates you may find in every reputed All India MBA entrance test which leads to the admission in good B schools. Increase or decrease in number of test takers by a few thousand hardly makes any difference.
Apart from 13 IIMs, other b schools where intense competition for admission exists include XLRI, FMS, IIFT, SPJIMR, JBIMS, IMT, MDI, IMI, BIMTECH, DMS-Delhi IIT, NITIE, SJMSOM-IIT-Bombay, NMIMS, VGSOM-IIT Kharagpur, Great lakes, TAPMI and Symbiosis. These institutes offer admission to around 25K students every year. Despite this fact, even the high percentilers due to one or other reason are deprived of admission opportunity in these B schools.
Below the specified level neither there is any substantial competition among the candidates nor do the colleges claim any fixed cut off percentile. MBA aspirants can get admission to any other B school with little efforts and low percentile every year.
Meet CAT Toppers, Know how to Score 99+ %ile
Better days ahead
The future of job market, as visualized by the new government is going to be better and placement 2014 is an indicator to this fact. It shows positive trend where highest and average salaries have gone up despite the increase in number of students seeking placement in top rated b schools. Your confidence and hard work for CAT 2014 may become a turning factor and when you complete your MBA in 2017 there could be much better opportunities waiting for you. So wait for ‘Achche din’.
A confident skilled professional can turn the tables in his favor. Remain fully motivated and confident with your preparation level for the coming year to score not less than 95 percentile. Begin your preparation now. Mix your intelligence with wisdom and achieve the goal.
No excuse, please
Whether it was your first year of preparation or you are going to appear in CAT for the first time shouldn’t be the excuse for not scoring high in CAT 2014. You are not going to appear or participate to please someone else. It’s the matter of your career and therefore prepare with focused attention on the weak areas and revise the strong areas in the syllabus. In case you throw up excuses in CAT 2014, it may be termed as foul. When you can do it, why don’t to do it now? Why to wait? The right preparation in right direction is the key to success. Be confident, leave the idea of enrolling with average B school and get into a highly ranked B school after a few months, the only need is to study hard.
Think If you are not able to make it to top 25 B schools in India, doing MBA may not have much worth. When you register for CAT 2014, mark your preference of IIMs accordingly.
MBAUniverse.com offers a comprehensive preparation package coupled with over 200 online interactive classes with Top CAT experts including from IIMs for CAT 2014 preparation. Visit the link below for more information and new batch schedules: http://www.mbauniverse.com/cat_preparation_online.html
Also Read:
CAT 2014 preparation: Number System for Quant, What you must do this weekend
CAT 2014 exam: Why TCS got CAT 2014 and Prometric lost
How to be a Champion in Quantitative Aptitude for CAT 2014 exam
IIM Indore will host CAT exam 2014 with Rohit Kapoor as CAT Convenor, expect surprises
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