The process of gaining admission to a business school is a difficult decision, but why it be? In the end, you acquire the essential corporate skills upon receiving access to these schools. These schools are the top of the line of management-related studies worldwide, And having an MBA qualification on your CV is a sign of your expertise and expertise.
For India, Common Admission Test (CAT) is the most prestigious test that students take to gain admission into top-of-the-line colleges of India. The list is extensive for these schools, including the IIMs, MDI Gurgaon, FMS Delhi, ISB Hyderabad, S.P. Jain Mumbai, XLRI Jamshedpur, etc. Alongside IIMs, Other colleges offer the different MBA entrance exams like CAT, MAT, the XAT exam, SNAP, IRMA, GMAT, CMAT, etc.
All other tests are Indian-based, except for one, which is the GMAT. The test is administered by the Graduate Management Admission Council (GMAC). The GMAC's Graduate Management Admission Test has an international standing. Yes! It's real. GMAT scores are accepted globally and are accepted in more than 2000 universities and colleges across the globe. Even in India, many schools accept GMAT scores. What are the reasons the candidate decides to take such an expensive test? Stay tuned to this post for a discussion of the main reasons why people choose GMAT instead of CAT and GMAT college acceptance in India.
Why GMAT is better than the CAT
Frequency
The primary reason one might consider taking the GMAT instead of the CAT is the frequency of the test. One thing is that the CAT is held once a year, but in contrast, the GMAT is held all year. If you did not get the school of your choice after passing the CAT exam, you must wait for a whole year before attempting the test. However, you can take the GMAT every year five times and eight times over your life. There is no limit to the CAT test, and you can take the CAT test as many times as you wish.
Exposure
This is the principal reason for GMAT's popularity, particularly in India. After passing the CAT exam, it is possible to learn from India's top brains. However, the GMAT provides the most prestigious and comprehensive test of knowledge from around the globe. Global exposure, global connections are just some benefits of the GMAT test.
High Salaries
Another reason to choose GMAT universities is a higher salary. If you're a recent graduate of IIM, the highest earnings will range from 40 to 55 lakhs in India and 70 lakhs to 1 crore in the world. If you're certified as a GMAT trained, your payments will start between 50 and 70 thousand within India in India and one to 2.5 crores in the world. These numbers are pretty high when you look at it in comparison to its equivalent.
Pattern
The other reason could be the complexity of the test. Specific candidates find the CAT to be more difficult when compared with other MBA entrance tests in India. It's more complex than the GMAT on its own. The CAT was more focused on precision, whereas the GMAT was more focused on the solved questions. The harmful marking component makes the CAT more difficult, but it is not a negative mark on the GMAT test.
Now comes the crucial section; if you find GMAT challenging to master, what colleges will accept GMAT scores?GMAT Accepting Colleges in India
Indian Institute of Management, Ahmedabad
Indian Institute of Management, Bangalore
Indian Institute of Management, Calcutta
Indian Institute of Management, Kozhikode
Indian Institute of Management, Lucknow
Indian Institute of Management, Indore
Indian School of Business Hyderabad/Mohali
Management Development Institute, Gurgaon
Indian School of Foreign Trade, Delhi
Institute of Management Technology, Ghaziabad
XLRI, Jamshedpur
S.P. Jain Institute of Management and Research, Mumbai
Birla Institute of Technology and Science, Pilani
Great Lakes Institute of Management, Chennai
Xavier Institute of Management, Bhubaneshwar
VIT University
Tata Institute of Social Sciences, Mumbai
Keep in mind this: GMAT is a different ballgame in the field of management studies. Both CAT and GMAT are geared towards different kinds of candidates. You should pick the one that best suits your preferences and interests, not just because everybody else is taking it. Gmat colleges have global popularity. However, they come with a cost, but the CAT seems more cost-effective. Keep in mind that if your aim is a fat check with exposure to the world, No other test is even close to the GMAT.
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