With the rising number of national and multinational companies opening their doors in the country and also outside it, there is an increasing demand for qualified management professionals who can handle the pressures and responsibilities of the job with their knowledge and expertise. The CAT (Common Admission Test) exam is the first step towards starting your journey of being a successful management professional.
As you may know, CAT is the most popular national level management entrance exam conducted by the Indian Institute of Management for admission to more than 100 B-schools across India. Every year over 2.5 lakh MBA aspirants appear for the exam, and they are given percentiles according to their test scores. There would be hardly anyone who longs for a management career and yet isn’t aware of the significance of CAT scores. Well, the results for CAT 2018 are already out and here comes the crucial time when you have to choose the right college to surge ahead in the management domain. In this article below, we will discuss the value that your CAT percentile holds for your admission in a top b-school.
How is the CAT percentile calculated?
Understanding your CAT percentile is really easy. Take for example that there were 100 people taking the test and you have got 95 in your scorecard. This means that your scaled score was more than 95 candidates out of the total 100. Technically, getting a 100 percentile is not possible as getting a full 100 percentile means that your score is more than 100 candidates out of the total 100 which makes the total number of candidates to 101. Yes, we agree that some candidates do get a 100 percentile in CAT, and that is because the percentile is rounded off to 2 decimal places. So, for instance, if you get a 99.986 percentile, your percentile in the scorecard will be 99.99. Similarly, if you get 99.997 percentile, your percentile in the scorecard will be 100 percentile.
What is the significance of your CAT percentile?
By scoring well in the CAT exam, you get the opportunity to enroll in the world-class management program offered by the top institutes of the nation. This serves to secure your future by raising your chances of getting picked by leading companies on hands with lucrative salary packages. The sheer diversity of jobs and the extent of responsibility and ownership that you get to earn in your professional life upon completion of your MBA program from a reputed institute make it all worth.
Get the IILM advantage for your Management Education
IILM has been one of the premier choices of the CAT candidates ever since it opened the doors of its PGDM program back in the year 1993. The institute rose to prominence with its consistent and incessant delivery of superior quality education and is ranked today among the top AICTE approved PGDM colleges in Delhi. The focus of the institution lies with identifying and nurturing the next generation of management leaders through experiential learning and intuitive education.
The PGDM curriculum of our institute puts together the best and the latest in terms of inculcating careful inputs sourced from the best B-schools of the world. The transformational education and the quality of mentorship that we, at IILM, provide, enable us to create the management professionals that are able to bag the top-ranked jobs not just in the nation but also abroad.