Why the rat race for CAT and what is the awareness level in Chennai?
The intense competition to get into the IIMs and the top B-schools is because of the high remuneration that is offered to the graduates of these institutions. Last year, the highest remuneration that was given to an IIM graduate was Rs. 8.3 lakh per annum (Rs. 50 lakh for overseas placement). When it comes to awareness, I would say that Chennai lags behind. Last year, the total number of CAT application received was 6000 in Chennai, compared to 15,000 in Bangalore. Are more and more working professionals taking CAT? The trend has always existed, only the percentage is gradually rising. Yes, I do agree that more number of software professionals are now focusing on joining the top B-schools. The percentage of working professionals studying at the IIM is somewhere between 40-45 per cent. This clearly shows the importance that MBA degree has gained over a period of time. With revised procedure for IIT-JEE, will the role of coaching centre be restricted? Joining a coaching class has some ad
