ICFAI Business School-IBSAT 2024
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The pursuit of an MBA can significantly enhance career prospects, but the financial burden of tuition fees can be daunting. Fortunately, many reputable colleges in India accept the Common Admission Test (CAT) scores and offer MBA programs at relatively low fees. This article provides a detailed overview of some of the top colleges that fit this criterion, highlighting their fee structures, expected CAT percentiles for admission, average placement packages, and other relevant details.
The Common Admission Test (CAT) is a national-level entrance exam conducted for admission to various management programs in India, primarily at the Indian Institutes of Management (IIMs). The exam assesses candidates on quantitative ability, verbal ability, and logical reasoning. A high CAT score can open doors to prestigious institutions; however, many colleges also accept lower scores, making them accessible to a wider range of students.
Tuition Fees: ₹20,960
Expected CAT Percentile: 95+
Average Placement Package: ₹23.2 LPA
FMS is one of the premier management institutes in India, known for its rigorous academic curriculum and excellent placement record. The low fee structure combined with high average salary packages makes it highly sought after. Companies like Goldman Sachs, Hindustan Unilever, and IBM actively recruit from FMS.
Tuition Fees: ₹1.32 Lakhs (Maharashtra students) / ₹1.33 Lakhs (other states)
Expected CAT Percentile: 85+
Average Placement Package: ₹6.43 LPA
JBIMS is affiliated with the University of Mumbai and offers a strong alumni network and industry connections. The college's focus on practical learning ensures that students are well-prepared for the corporate world.
Tuition Fees: ₹6 Lakhs
Expected CAT Percentile: 60-70
Average Placement Package: ₹8 LPA
NAAC ‘A++’ Grade | AACSB Accredited | Ranked #7th best University | H-CTC 21.90 LPA | Avg CTC: 8.23 LPA
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
IPE focuses on developing managerial skills through practical exposure and has strong ties with public sector enterprises, making it a great choice for students interested in this sector.
Tuition Fees: ₹9.5 Lakhs
Expected CAT Percentile: 80+
Average Placement Package: ₹9.12 LPA
Christ University is known for its holistic approach to education and offers various specializations in its MBA program. The university has a vibrant campus life and strong placement support from top companies like Accenture and Deloitte.
Tuition Fees: ₹20 Lakhs
Expected CAT Percentile: 75-80
Average Placement Package: ₹12 LPA
KJ Somaiya is recognized for its robust curriculum and industry-oriented programs that prepare students well for the corporate environment.
Tuition Fees: ₹18.31 Lakhs
Expected CAT Percentile: 80-85
Average Placement Package: ₹14.87 LPA
GIM emphasizes ethical leadership and social responsibility while providing a strong foundation in management principles.
Tuition Fees: ₹12.5 Lakhs
Expected CAT Percentile: 75-80
Average Placement Package: ₹10.23 LPA
XIME focuses on entrepreneurship and innovation, preparing students to tackle real-world business challenges effectively.
Tuition Fees: Approximately ₹9 Lakhs
Expected CAT Percentile: Varies by program
Average Placement Package: Varies by program
BITS Pilani is well-respected for its engineering programs but also offers quality management education with a focus on technology management.
Tuition Fees: ₹10.7 Lakhs
Expected CAT Percentile: 70+
Average Placement Package: ₹8.15 LPA
DBS emphasizes experiential learning and has a diverse student body that enhances the learning experience through various perspectives.
Tuition Fees: ₹1.5 Lakhs
Expected CAT Percentile: 70+
Average Placement Package: ₹3 LPA
SIMS offers affordable MBA programs focusing on developing leadership skills among students while being affiliated with Anna University.
Tuition Fees: ₹99,000
Expected CAT Percentile: Varies
Average Placement Package: Varies
IMS BHU provides a well-rounded MBA program with a focus on holistic development, making it an attractive option for students looking for affordable education.
CAT (Common Admission Test) is a computer-based national-level test which is conducted every year by IIMs. This is a qualifying exam to get short listed for the IIMs and other Top B-Schools. All the top management schools, like IIMs and non-IIMs, have their cut-offs, and students who are selected have to undergo other rounds of tests, which include the Written Ability Test (WAT), Group Discussion (GD) and Personal Interview (PI). However the cut offs for IIM and non IIM B-Schools depends each year and institutions.
Though prominent IIMs only accept the CAT scores, candidates can get into other B-Schools apart from IIMs without clearing CAT. There are several other ways to get into an MBA course without appearing for the CAT examination. They can get into the B-Schools either by direct admission or by clearing other admission tests. Clearing CAT or Commons Admission Test is regarded as one of the much talked about processes to get into the B-Schools for the MBA or PGDM courses. Getting into IIMs after clearing CAT not only enhances the chances to procure a good salary but at the same time when one clears CAT, the acceptance in institutions like IIMs also widens the network opportunity for a candidate. While not clearing CAT does not hamper the candidates chance to have an MBA degree, clearing CAT heightens the careers prospects in the longer term.
Yes, the Indian Institutes of Technologies (IIT) accept CAT scores for admission in MBA programs.
Yes, according to the official brochures there has been 100% placement in some of the institutions after an MBA.
The highest package in IIM varies from IIMs to IIMs and depending on the courses . However the couple of years witnessed the highest package going more than 100LPA in some of the IIMS.
Like any other competitive examination CAT is not a very easy exam to crack. However with dedication and proper guidance and training as well as preparations one can crack it.
Hello aspirant,
As the score is accepted by 21 IIMs, other prestigious B-schools, and 1,300 MBA colleges in India, CAT 2025, a business aptitude test that evaluates candidates on quantitative aptitude, data interpretation, logical reasoning, verbal ability, and reading comprehension, will most likely take place on November 30, 2025, with an official announcement making the announcement by July 30, 2025.
For more information, you can visit our site through the following link:
https://bschool.careers360.com/articles/cat-2025
Thank you
Hope it helps you
The student cannot join the postgraduate MA program directly in the second year of the MA after completing the MBA.
Universities generally expect students to begin the first year of a masters' program even though they had qualifications at the level of a bachelor's degree. The university's curriculum along with the courses are planned to give an in-depth knowledge of the subjects.
But you could opt for:
Postgraduate Studies:
Research Career: In case research interests you, then you can pursue a Ph.D. in your specific interest.
Specialized Master's Programs: Find any specific master's course that supports the career goal.
Professional Certifications:
Make a professional certification in CFA, CA, or FRM to enhance the professional skills and better opportunities in the career field.
Job Entry via MBA
After gaining an MBA from a renowned institution, it's possible to get entry into the corporate world where the diversity in the career field is assured.
In the end, it would depend on what you would like and what you are particularly interested in. It will be better if you take a suggestion from your academic advisor or career counselor.
Hello Pratik,
If your family income exceeds 8 LPA, it will affect your eligibility for the NC-OBC category under the CAT reservation rules. The NC-OBC category requires that the family income should be below 8 LPA to qualify. If you anticipate that your income will exceed this threshold, you should update your status and notify the CAT authorities .
Here's what you can do:
Email the CAT authorities
: Inform them about the potential change in your income status and request to be considered under the
General
category, if applicable. You should do this before the examination or any further processing, as your eligibility for the OBC category depends on the income criteria.
Documents and Proof
: Make sure you have a valid
OBC certificate
and any relevant documentation regarding your family income, in case they require verification. Also, be aware that if your income exceeds 8 LPA, you might need to apply under the
General
category, as the OBC-NC reservation is no longer applicable.
General Category Consideration : If your application is accepted as General, you will be evaluated based on the General category criteria, including cutoffs and ranking.
To summarize, notifying the CAT authorities is the correct approach to avoid discrepancies later, and if your income is above the threshold, you will be treated as a General candidate for the admissions process.
For more details about CAT exam you can check out an article by Careers360 whose link is given below:
Link: https://bschool.careers360.com/exams/cat
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hi Shreya ,
Having a tattoo on your wrist should not create a problem during the CAT exam as long as it does not contain any content that violates exam rules , such as communication-related symbols , unauthorised messages or any text resembling formulas or answers .
For a safe side , it is recommended :
1. Inform the Invigilators : Let them know about your tattoo during the identification check , so there are no misunderstandings .
2. Follow the Guidelines : Ensure you follow all instructions regarding permissible items and dress code on the exam day .
Hope this helps you .
ALL THE BEST .
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A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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