CAT Examination is one of the most sought after exam for MBA Admissions in India. Every aspirant who sits for the exam wants to grab a seat in one of the IIMs or other prestigious MBA institutes which attract the aspirants as much as the IIMs.
CAT 2014 is set to be conducted on 16th November & 22nd November 2014. CAT 2014 saw a dip in registrations this year, from 1 lakh 95 thousand registrations last year. This year only 1 lakh 89 thousand aspirants have registered for the CAT 2014 examination. Even CAT 2013 saw a decline in the number of registrations from CAT 2012. Does it mean that the importance of CAT examination or MBA in all has gone down over the years?
However, IIM Indore faculty member and convener of CAT 2014 Dr Rohit Kapoor, said the dip does not reflect the actual scenario. "Even though 1.95 lakh candidates had registered, only 1.71 lakh wrote the exam. If all registered candidates take the exam this year, the number will be higher than last year's," he said.
Over the years many institutes providing MBA degrees and diplomas have developed. This has resulted in a mis match of demand and supply. Undoubtedly now, individuals possessing a MBA degree are a very common sight. And it has also resulted in many management graduates not getting what they deserve. Some where, the level of education and training provided in the institutes is also responsible for this decline.
Never the less, aspirants who have applied for CAT 2014 should keep their preparation on.