Saturday, January 19, 2013

Average Acads? Do not Drem BIG!!


With CAT 2013 preparation in its kick-off   phase, here is what an aspirant with average academics should think before starting his preparation.  Given the fact that any percentile less than 99.6 would fetch you not even a single call from the elite b-schools, it is time to introspect about your decision of CAT.
For the first timers, here, I would like to quote some figures. Let me divide the number of applicants into three categories
1.       Candidates who have wonderful academics throughout i.e. greater than 80 throughout your career.
2.       Candidates who are fortunately lucky or unluckily unfortunate  i.e. greater than 80 in 2 out of 3(X XII and graduation)
3.       Candidates who are utterly helpless i.e. if you have at least 2 out of 3 less than 80.

Candidate belonging to third category needs to worry the most. Let me take an example out of my experiences. Let’s say your academic scores are 85, 79.9 and 79.8 in class X XII and graduation respectively.   No matter what your CAT score is, you are straight away shown the exit door from IIMA, IIMB, IIMK, IIMI, IIMS which constitutes 5 out of 7 older IIM’s. If you have a sigh of relief that you can book a seat in remaining two older IIMs i.e. IIMC and IIML , let me tell inform you , the cut off for these 2 IIMs hovers around 99.6 percentile. Unless you get a 99.6+ percentile; your dream of studying in an elite b-school with IIM tag is bound to be shattered. 99.6+ percentile simply means you have to be in top 700-800 out of the little over 2Lac applicants. Not to end with a disappointment, you should be thankful to few institutes like older IIM’s, FMS, IIT’s, MDI, and NITIE for providing a fair chance if you clear the cut off. Do not forget that the cut off for these colleges usually fall above 97; exception being MDI.

The second category of candidates as I call them fortunately lucky because they would have a fair chance to be shortlisted by IIMK as it gives same marks for all the applicants with greater than 65% in graduation. In case you have a score of less than 80 in either class X or XII; the door is closed. Also a score of just above 80 would not fetch you a call as IIMK does normalization of the score across different boards. Your score should be close to the highest score of your board; if not the highest.

The first category of the students enjoys the dignity of their good deeds during their school and college days.  It is to be kept in mind that the closer you are to 80, the lesser number of calls. If you have 90 throughout 95+ percentile with both sectionals being 90+, you can be sure to get most of the calls.

I am not asking you not to stop thinking about MBA, cracking CAT etc. My point is simple
“You have been an average performer, so do not dream BIG; lest you may hurt yourself”

ALL THE BEST

3 comments:

  1. great info bro thank you... was eagerly looking for one such thing
    need some more info : - my acads 10th - 78% 12th - 80% and have done my graduation through correspondence avg 61% this is my first time appearance

    as your answer is very practical kindly suggest me which are the schools that i can target from your info it seems like the tier 2 colleges

    should i go for a regular mba from the tier 2 or can i go for a executive mba

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    Replies
    1. To be honest, i do not have the answer for this question. the first criteria for your case is find out the colleges which allow correspondence in graduation. check out the colleges ranking here http://www.pagalguy.com/rankings/2012/ . You can go to the respective college website and check if they allow.
      Regarding your 2nd question : regular mba or executive mba?
      That would depend on the work ex you have. And where would you like to do?

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  2. Almost everyone of us (those in group 3) are aware of this situation at a certain level, we just choose to ignore it. IMHO people change, someone who never performed during their schools could turn out to be the best mind India has ever seen. Past results should never mean as much as present performances. I wonder why the IIM's fail to see such a simple truth.
    In my particular case (71,56,92) is the score of my X,XII and Grad resp. Clearly I never put in much effort in my school simply because I wasn't interested (now there's an excuse!).
    But later on I went on to the extent of getting my work published in a research paper, shouldn't these count as well? It's heartbreaking to think that no matter how hard you work, there are certain doors that will never open for you.

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