Even though the country is going through an economic crunch, but that doesn't affected the students from opting for the CAT (Common Admission Test) examination. Figures show that in the year 2013, more students appeared in CAT examination as compared to the last year.
This year, there was a 9% declination in registration, which was high as compared to 2012 but the outcome was balanced, as all those who signed up for CAT 2013, took the test.
The score of CAT determines the admission to management courses in B-schools and other management institutes of India. Compare to this year, last year, only 1.91 lakh candidates wrote the examination, out of 2.14 lakh who got registered.
While the number of registrations dropped this year and some tier 3 B-schools started closing down, academics and those tracked trends said the writing on the wall looked bleak for management education. But the last number paint the different picture.
Arkss Srinivasan, CEO of coaching institute Vista Mind, says, "a change in sentiment between the time of registration and the date of the test could explain the contradiction between the lower registrations and higher turnouts at the test.
"Before and during the registration period, candidates didn't see anything positive happening. The rupee was depreciating and things were not looking up," he added further.
IIM Indore had conducted CAT 2013 entrance exam from 16th October to 11th November 2013.