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.