CAT going international

Starting from year 2013 non-resident Indians (NRIs) and people of Indian origin (PIO) will be able to attempt Common Admission Test (CAT).CAT is scheduled to hit international shores in 2013.

At present, NRIs and Indian origin people across the globe needs to appear for GMAT (Graduate Management Aptitude Test) conducted by GMAC. Prometric the company which conducts CAT in India, reported to sources that the company is in the process of taking CAT International.

The director explained that the IIMs have signed a new memorandum of association (MoA), which provide them the freedom to operate independently, and are waiting for the MoA to get established. Only after that will the global plans for CAT take wings.The IIMs are governed by an MoA approved by the government.

“There are many countries where student characteristics similar to that of Indian students. Many Asian countries have already been requesting us to bring CAT to them. I think this has been a big draw,” added another IIM director.

The IIMs say that CAT could also be conducted exclusively for international B-schools. Those in countries such as Nepal, Sri Lanka and West Asia want the IIMs to conduct CAT. Most admissions at these B-schools are through the GMAT.

However, the process and policies of international CAT are still being finalised.Clarity would be required if students can take CAT many times in an academic year. A candidate is allowed to take the GMAT five times in a year.

And whether CAT scores will be valid for more than a year needs to be decided. GMAT scores, for instance, are valid for five years.

Like GMAT, the CAT also assesses the potential of applicants for courses in business studies at the graduate level.

GMAT vs GRE 2

GRE or GMAT?

Educational Testing Service (ETS) commented last week that more than 1,000 plus business schools worldwide now accept MBA applicants’ scores from the Graduate Record Exam (GRE) instead of the GMAT.It further ignites the war between the GMAt and GRE.

Both GMAT and GRE have their fans.GRE have more female fan following so colleges which are looking for female students can allow the GRE.GMAT is still hot favorite for the students which plan for MBA.Reason behind it is colleges still prefer GMAT scores as its structure is better for business needs.where ever students which are opting for other courses like master of finance etc can opt for GRE.

There are few good colleges which accept GRE scores now including the University of North Carolina at Chapel Hill, Indiana University, Arizona State University, the University of Massachusetts Amherst, Pepperdine University, and George Washington University.

GMAT costs $260, while the GRE is $175.

The GMAT assesses test takers in Verbal, Quantitative and Analytical Writing and Integrated Reasoning sections, while the GRE tests in three main areas, including Analytical Thinking, Quantitative Reasoning and Verbal Reasoning.

Students are opting for GMAT or GRE just based on their initial impression.Students should select the colleges first and inquire that colleges they are targeting accept GMAT or GRE scores then they should choose the exam.