CAT 2016 Exam Fee hiked; other MBA entrance to follow similar trend

If you are planning to take up CAT 2016 or any other MBA entrance exams this year, there is some important news for you! As per the latest update, the entrance exam fees for CAT 2016 and all other major management entrance exams are likely to be hiked.

Appearing for MBA entrance exams like CAT 2016 will enable students to seek admission to MBA/PGDM 2017-19 batches. Candidates pursuing their dream of joining the top B-schools in India can expect a minimum 10% increase in the entrance examination fees for this year.

   Implication of CAT 2016 Fee Hike

Taking a cue from CAT 2016 fee hike, other reputed MBA entrance exams like NMAT and XAT are also likely to follow the trend and hike their respective test fees. Considering that MBA institutes in India accept different MBA entrance examination score for admission purposes; earlier, MBA aspirants use to apply for all major B-school entrance examinations in order to keep their chance of joining the best MBA colleges in India, open.

Now possible to get shortlisted in IIM Ahmedabad at minimum 80 percentile

However, with the recent fee hike, it might not be feasible to do so now. Another implication of the CAT 2016 fee hike would be that aspirants will have to pick the right MBA entrance exam keeping in mind the institute they want to join.

  Top B-schools accepting MBA entrance scores

After the implementation of the CAT 2016 fee hike, it might not be possible for MBA aspirants to appear for all MBA entrance exams. Therefore, they will have to pick and choose the right one as per the b-school want to join. We have shared basic details about top B-schools and the entrance exam scores they accept below:

• CAT 2016: Without any doubt, CAT 2016 is the mother of all MBA entrance examinations. A good CAT score is mandatory to seek admission to any of the 20 IIMs. Apart from this, other reputed MBA colleges like FMS Delhi, MDI Gurgaon, SPJIMR, IMI New Delhi and Management courses at IITs also consider CAT 2016 score for admission process.
• IIFT 2016 Entrance Exam: As the name suggests, this MBA entrance exam enables students to seek admission to one of the most sought after MBA programmes in the country i.e., MBA (International Business) 2017-19 at IIFT.
• NMAT 2016 by GMAC: NMAT is one of the most popular and respected MBA entrance exams in the country. MBA aspirants clearing NMAT with a respectable score can seek admission to NMIMS Mumbai and other B-schools.
• XAT 2016: Again a very popular MBA entrance exam, allows candidates to seek admission to XLRI Jamshedpur and over 140 B-schools across India.
• SNAP 2017: Mandatory for admission to 14 Symbiosis Institutes
• MAT 2016: MAT 2016 score is accepted by over 160 B-schools across the country.
• CMAT 2016: Conducted by AICTE, CMAT is one of the most widely accepted MBA entrance exams in the country. It enables students to seek admission to all major AICTE approved MBA colleges and institutes in India.

CAT 2016 official notification released, Registration to begin on 08 August, Exam on 04 December

   Fee Hike for CAT 2016 & other MBA Entrance

For the benefit of MBA aspirants, we have compiled the basic details about the fee hike for CAT 2016 and other popular MBA entrance exams below. In addition to this, we have also included other basic information about registration deadlines and examination date in the table below:

From the table given above, it can be seen that MBA entrance exam fees for CAT 2016, NMAT by GMAC and XAT 2016 have been increased by Rs 100/- each. In addition to this, the exam fee for SNAP 2016 is also under revision and is likely to be hiked in coming months. For CMAT 2017, no exact dates or details are available as of now, we shall be updating it on this page as and when the same is made available to us.

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