Monday, September 27, 2010

Septmber’10 MAT Result is Declared Today

Paper Pencil Based Management Aptitude test (MAT) for MBA and Allied Programmes of over 198 Business Schools was held on September 5th, 2010 and the results for the same is declared.


17,000 students had registered for MAT September 2010, out of which 30 per cent had opted for the computer based test which started from 11th September 2010 onwards.


The number of questions was 200 and the duration was 150 minutes. The difficulty level of the test was Moderate. While one mark was awarded for each correct answer, for each wrong answer, there was a negative marking of 0.25 marks.


All India Management Association (AIMA) announced the MAT September 2010 Results

Sunday, September 26, 2010

No. of CAT applicants falling – For the first time CAT Registration deadline extended by a week

The Common Admission Test, the route to IIMs, has probably hit a rough patch. The unquestioned king of B-school entrance tests — used to gauge the popularity of business education in the country — has for the first time extended its registration deadline by a week, probably to convince more candidates into queuing up for the test.

"The number of people applying to take CAT has been falling. When the IIMs conducted the paper-pencil test themselves, they looked at restricting the number of takers. But, now that it has been outsourced, the revenue from CAT is suddenly important," said an IIM faculty. For years, the entrance test has been the IIM's golden goose; in 2007-'08, India's blue-chip B-schools raked in Rs 2.98 crore just by conducting CAT.

But in 2009, after 33 years, the test graduated from being a paper-pencil one and that, experts said, left out a large number of aspirants from smaller corners of the country who were not comfortable taking the computer-based test. This year again, the number of cities where test centres have been set up, too, has fallen.

Has that affected the number of those interested in taking the test? Prometric, the American company conducting the computer-based test for the IIMs, said in a press note, "The decision to extend the registration period was undertaken in order to provide candidates with additional opportunity to register and at the request of some candidates who required a longer registration period."

So the last day of registration, which was to end on September 30, has now been pushed to October 7. CAT convener Himanshu Rai said extension of the registration period had nothing to do with the falling registration numbers. "I don't have the data on how many students have registered for CAT-2010 but those wanting to take CAT would have done so by now. Also, if someone has decided not to take the test, they wouldn't."

However, Promteric, which earns its money on the number of candidates who register, is probably looking at converting fence-sitters to rushed last-minute registrations. "What otherwise would explain the reason for extending the dates to sell vouchers too?" asked Arks Srinivas, director of TIME (Kolkata), a coaching academy. He added that there could be no logical reason to extend registration but the falling numbers of CAT takers that had prompted Prometric to keep counters open for longer.

Thursday, September 23, 2010

Basic Difference between MBA vs. PGDM

No difference between PGDBM & PGBM while MBA is a degree compared to PGDBM & PGBM as these are diploma. Also it is always mentioned that the diploma provided by the institute is equivalent to an MBA degree and although it doesn't matter much but its better if the diploma given by the institute is reconized by AICTE and AIU.
There is a wide variety of nomenclature of degrees in management education. There are mainly two categories - postgraduate diploma and master's degree.
Postgraduate diplomas include Postgraduate Diploma in Business Administration (PGDBA), Postgraduate Diploma in Management (PGDM) and Postgraduate Diploma in Business Management (PGDBM). Most of these diploma courses are having two-year duration and graduation is the entry qualification.
Master's programmes include Master of Business Administration (MBA), Master of Business Management (MBM), Master of Business Studies (MBS), Master of Finance and Control (MFC) and Master of Management Studies (MMS).
According to the University Grants Commission Act, universities and university-level institutions, including deemed universities, alone can award MBA and related degrees. The institutions outside the university system can award postgraduate diplomas. All institutions offering PG programmes in management should obtain the approval of the All India Council for Technical Education (AICTE). PG Diplomas in Business Administration / Management awarded by very few institutions are approved by the AICTE or recognised by the Association of Indian Universities (AIU) as equivalent to the corresponding masters degree/MBA.
Deemed universities can also offer MBA or Master's Degree in Management. The AIU is the appropriate authority for granting recognition. The Indian Institutes of Management (IIMs) Ahmedabad, Bangalore, Calcutta, Indore, Kozhikode, Lucknow are ranked in the list of top institutions that offer Postgraduate programmes in Management (PGP).

IIM Calcutta also offers PGDM and Post Graduate Diploma in Computer Aided Management (PGDCM). Meritorious graduates in any discipline can apply for the postgraduate programme offered by the IIMs. The selection is based on the Common Admission Test (CAT) score. The PGP of IIMs is considered as equivalent to an MBA and has much greater demand in industry/management field.
Most of the universities in India offer MBA programmes with specialisations such as marketing, finance, personnel, systems management, human resource management, etc. Some institutes offer sectoral electives such as telecom, health, retail, textile, insurance, pharmaceuticals, supply chain, shipping and port Management, etc. besides the main specialisations.

Innovative specialised subjects of MBA include biotechnology, tourism, power management, information technology, public services and e-governance, IT-enabled services, banking technology, pharmaceutical management, etc. The duration of full-time MBA programmes is two years.
The reputation of the institution within the industry, the quality of the faculty, infrastructure, placement record, location of the institute, etc. are the factors that need to be taken into account before choosing a masters programme or a PG diploma. It is not important whether a student pursues PGDM or MBA. The institution where he/she is studying is of paramount importance and enhances their employability.

Those who pass out from reputed institutes get better job opportunities in multinational companies in the executive/managerial posts. IIMs, Xavier Labour Relation Institutes (XLRI), Jamshedpur, Xavier Institute of Management (XIM), Bhubaneswar, Jamnalal Bajaj Institute of Management Studies, Mumbai, Narseemonjee Institute of Management Studies, Mumbai, S.P. Jain Institute of Management and Research (Andheri West) Mumbai, Barathidasan Institute of Management (BIM) Tiruchirapalli, etc. are some of the top institutes offering PG programmes in management.

Admissions to MBA/PGDBM/equivalent programmes are made either through an all-India Common Entrance Tests or through State-level tests. The All India entrance tests consist of IIM-CAT, JMET conducted by IITs, MAT conducted by AIMA, ATMA conducted by AIMS, XAT conducted by XLRI. Admission guidelines are available on the AICTE website: Welcome To AICTE. The Joint Management Entrance Test are conducted annually for admission to Postgraduate Programmes in Management at IITs Madras, Bombay, Delhi, Kanpur, Kharagpur, Roorkee and Indian Institute of Science (IISc), Bangalore. Graduates in engineering are eligible to apply for this test.