Not agreeing with what industry observers have been observing, management education remained eminent despite economic unrest. This year CAT takers were 1, 94,516, proving to be more than last year’s 1,91,642.
As per the release issued by Prometric agency that provides technical support for conduction of CAT, despite having seen 9% drop in registrations this year as compared to 2012, yet more students than previous appeared for paper.
As observed in the last year, out of the 2.14 lakh applicants only 1.91 lakh candidates appeared in the online exam, whereas this year most registered students sat in the test.
CAT scores verify the eligible candidates for admission to MBA and other management courses in the Indian Institutes of Management and other few other premier B-schools spread nationwide.
CEO of Vista Mind, a coaching institute, Mr. Arkss Srinivasan told that change in response between the registration period, and the test dates could explain the noticeable situation of lower registrations and higher test takers for CAT 2013.
He added that earlier and while registration time, applicants did not observe anything in their favour as rupee was then still depreciating and things were not getting better.
October onwards, the shift of mindset among applicants occurred when the economic situation improved after RBI intervened to appreciate the rupee told Srinivasan.
CAT in 2013 occurred from October 16 to November 11. MBA is boosting up due to people being excited about running own businesses now, upon its improvement more people in the firm are needed which give raises hope of MBA aspirants.
Hari Sreekumar, chairperson of admissions at IIM-Tiruchi, opinionated that he doesn't see the top 200 management schools and MBA courses losing candidates and reputed management schools will do fine.
The increase in the number of candidates this year will prove tougher competition for IIM seats. The results will be declared most probably on 14 January, 2014 which can be accessed on official website - www.cat2013.iimidr.ac.in.