Career in Management
If you want to become a management graduate and make a mark in the management of business here or abroad, there are many Management Education both State – run and private, which can provide you the requisite degree.
For getting admission into these management institutes, you have to appear for entrance tests. These include CAT ( for IIMs ), MAT ( AIMA ), XAT ( XLRI ), FMS, JMET ( IITs & IISc ), IGNOU OPENMAT and a large number of others. Of these, we are going to talk about two major admission tests CAT (Common Admission Test) and MAT ( Management Aptitude Test ), which can open the floodgates of opportunities in this field. But there is a qualitative difference.
CAT – affiliated B-Schools are ranked a tad higher than the MAT – affiliated ones. The CAT, which is administered by India of management, Calcutta, is accepted as the qualifying exam by 20 – odd receipt of completed application kits institutes, other than IIMs. In contrast, the MAT is a relatively new test, administered by All India Management Association ( AIMA ), for other institutes. Though very few students in metropolitan cities appear for the MAT, most students in small towns try to adopt a combined strategy for cracking both, the CAT is generally held in the month of November. MAT is held four times in a year.
There are structural variations between CAT and MAT papers. In sections of Quantitative Aptitude and Data Interpretation the main difference pertains to the level of difficulty as well as the types of questions asked. The Mat is more Formula – based while the CAT is entirely application – based. Therefore the strategy of MAT should be to rely entirely on the “Frequently asked questions” given in reputed publications.
Since the MAT seldom springs surprises, the section tests that one takes while preparing for the CAT would suffice. A student with average aptitude, comfortable with concepts, will get through the MAT, but you need to have an analytical bent of mind to crack the CAT.
In the English section also there are variations. In the MAT paper, the emphasis is on facts – the stress is on grammar through analogies, match the following end fill in the blanks. But in the Cat paper questions are inference – based like sentence structuring, the logic behind creating paragraphs, understanding the assumptions made in the package, etc.
In the CAT, time management plays a crucial role for if you are able to crack 80 – 90 percent of the questions of a section, it would be considered a very good attempt. At the same time, there is virtually no pressure of time while cracking the MAT. There is no General Knowledge test in CAT. But in the MAT, such a test exist under the section “Indian and Global Environment”. For this may need to do some extra bit of preparation. The CAT being a more sophisticated Instrument for testing intelligence and critical reasoning, it puts the weightage of 50 to 60 percent on Group Discussion and interview.
In the MAT, on the other hand, the importance attached to these two vis – a – vis the written section is only 30 – 40 percent.
Therefore, the rejection is also very high in the CAT. Last year about one – lakh students appeared for the 11,000 seats, of which only 30,000 received final interview calls.
It means, selection rate was one in three. In case of MAT, everybody can hope to receive a call, although, I may not be from an institute of your choice. A good score in the written test is a prerequisite for a student to be called for the group discussion and a persona interview conducted to assess the students, personality and demeanor, with the final selection made in the three rounds. As a matter of fact, unlike engineering or medical entrances, management exams try to evaluate skills and abilities that you have developed over the years. They attempt to assess how fit the candidate is for management profession.