Call it diminishing charm of management studies or overall fading effect of enrolling for Master of Business Administration (MBA), students from Gujarat seem to be giving thumbs down to management studies.
If registration for Common Aptitude Test (CAT), 2013, is anything to go by, only 6,898 candidates from Gujarat have registered to appear for the national level exam, which is gateway for the best of the B-schools in India, including Indian Institutes of Management (IIsM).
According to a figure shared by the CAT convener of IIM, Indore, professor Rohit Kapoor only 6,898 MBA aspirants from Gujarat have applied for the entrance exam, making it lowest in the last three years. Around 7,500 candidates from the state had registered for CAT in 2012 and about 6,900 in the preceding year.
Total registration of CAT this year is 1.94 lakh against 2.14 lakh last year, which is around 9.3% drop in overall registration. Gujarat is ranked at the 10th position in terms of CAT registration.
Maharashtra tops the list with 25,333 registrations, followed by Delhi with 20,596, the convener said.
Dipping registration from Gujarat- state known for penchant for entrepreneurship – may surprise many. While many say, it might be because business skills come easy for Gujaratis, the convener said. He however, mentioned that it is difficult to estimate if number of registrations has dipped from Gujarat.
“These days, people are mobile and may appear from non- native states. Youngsters specially- who work in other states than home state- would not come back to home state to appear for CAT and so it is difficult to say if students interest from Gujarat has gone down in CAT,” he said.
He also said that dipping figure of CAT doesn’t worry them as top B-schools and IIMs give admission to only 10,000 students every year.
“And for them, 1.94 lakh students offer wide range of option,” he said, adding this year only genuine candidates have applied for CAT and not the ones who experiment by appearing for the test every year.
While overall registration has declined, the ratio of female candidates has increased to 29 per cent this year. Across all IIMs, 115 seats have been added for B-School admissions this year, a total of 3,335 seats, Kapoor said.
“The rise of candidates with two or more years of work experience, registering for CAT, has risen to 16 per cent over the same span, while candidates with little to no work experience have declined to 66 per cent,” he said.