Wasn’t able to catch the latest installment of Harry Potter but my friends went to see it. If you are reasonably competitive student in final year then the chances are last Sunday you would’ve been taking CAT.I wish best of luck to all. My attempt at CAT was rather perfunctory I had lost interest in it even before the exam. Here’s why
The application to IIM –C last year were 1,23,000 and the batch strength was 181, which means 1 in 680 got through and for all IIM’s combined this figure was 1 in 402. It means only 0.25 men and women ( and boys) who applied got a seat. You can do better than 99.5% of all those who applied and still not get admission. I could imagine myself sitting in exam hall knowing the theoretical possibility that no one in the exam centre will get through. So aspirants today spend thousands of bucks possibly even more on coaching classes and cram for a two hour test. I’ve met people who have given up their job at Infosys to spend a year studying for CAT. The consequence of all this is the competence to crack an exam at the expense of general awareness and life skills.
Most interviewees would say that their ambition is to be a CEO of an MNC yet claiming that Bill Gate’s “Business @ The Speed of Thought” is a novel. I wonder how many of these MBA grads would be able to take unusual yet crucial business decisions. ( It’s unfortunate Mr Manjunathan did take some steps but paid for it with his life ). Will the MBA grads of IIM’s make interesting managerial choices in decision making ? The simple truth is that pressure to get into IIM and following anything but the narrow corporate path will have worrying long term effects.
The panacea would be IIM’s throwing open its gate to larger no. of students. And all this issue of “not being able to maintain quality education” is crap even IIT’s and NIT’s manage a reasonable brand equity after taking in a lots of students. Our country needs go getters not someone who just makes the best out of campus placements and make profits of other peoples money. We need creative individuals not duds and most importantly we need new breed of home grown entrepreneurs. But to see sub 25’s fritter away most glorious years of their lives in crash courses and coaching classes makes me little sad.
The application to IIM –C last year were 1,23,000 and the batch strength was 181, which means 1 in 680 got through and for all IIM’s combined this figure was 1 in 402. It means only 0.25 men and women ( and boys) who applied got a seat. You can do better than 99.5% of all those who applied and still not get admission. I could imagine myself sitting in exam hall knowing the theoretical possibility that no one in the exam centre will get through. So aspirants today spend thousands of bucks possibly even more on coaching classes and cram for a two hour test. I’ve met people who have given up their job at Infosys to spend a year studying for CAT. The consequence of all this is the competence to crack an exam at the expense of general awareness and life skills.
Most interviewees would say that their ambition is to be a CEO of an MNC yet claiming that Bill Gate’s “Business @ The Speed of Thought” is a novel. I wonder how many of these MBA grads would be able to take unusual yet crucial business decisions. ( It’s unfortunate Mr Manjunathan did take some steps but paid for it with his life ). Will the MBA grads of IIM’s make interesting managerial choices in decision making ? The simple truth is that pressure to get into IIM and following anything but the narrow corporate path will have worrying long term effects.
The panacea would be IIM’s throwing open its gate to larger no. of students. And all this issue of “not being able to maintain quality education” is crap even IIT’s and NIT’s manage a reasonable brand equity after taking in a lots of students. Our country needs go getters not someone who just makes the best out of campus placements and make profits of other peoples money. We need creative individuals not duds and most importantly we need new breed of home grown entrepreneurs. But to see sub 25’s fritter away most glorious years of their lives in crash courses and coaching classes makes me little sad.

