MBA is one of the most in-demand degrees because it opens up a wide range of career opportunities. Here are the top 6 reasons to get an MBA in today’s world, as well as information on the best MBA entrance exams in India.
The unplanned shutdown in the aftermath of Covid-19 wreaked havoc on every industry, including education and business. Despite this, the number of students enrolling in the MBA programme has increased, owing to a reduction in course fees when compared to previous years. Furthermore, online MBA programmes have made it possible to pursue an MBA without jeopardising one’s personal or professional commitments.
There are numerous advantages to earning an MBA. It’s a step toward advancing your career and breaking into the corporate world. CAT, XAT, SNAP, MAT, NMAT, and other renowned entrance exams are used to gain admission to top MBA colleges in India. Despite the fact that the value and need for an MBA has been questioned as a result of the country’s COVID-19 situation, the top MBA colleges in India have seen an increase in average and highest CTC this year. As a result, MBA placements are likely to resurface soon.
Admission through top MBA entrance exams 2021-22
The following is a list of a few top national level exams that can assist candidates in gaining admission to the best MBA colleges.
CAT 2021
The Common Admission Test (CAT) is one of the most prestigious national entrance exams for management programmes, held on a rotating basis by the Indian Institutes of Management (IIMs). The purpose of this once-a-year test is to provide admission to the IIMs and other top Indian universities.
CAT 2021 Highlights
| Official website | iimcat.ac.in |
| CAT admit card date | October 27, 2021 |
| CAT exam date | November 28, 2021 |
| CAT result declaration | Second week of January 2022 |
| Top MBA colleges accepting CAT | IIMs and MDI, FMS, IMT Ghaziabad, etc. |
XAT 2022
Every year, the Xavier Aptitude Test (XAT) is a national level entrance exam held by the Xavier School of Management. For admission to management programmes, more than 160 B-schools accept the XAT score.
XAT 2022 Highlights
| Official website | xatonline.in |
| Last date to register for XAT 2022 | November 30, 2021 |
| Availability of XAT 2022 admit card | December 20, 2021 |
| XAT exam date 2022 | January 2, 2021 |
| Top MBA colleges accepting XAT | XLRI Jamshedpur, SPJIMR Mumbai, XIMB, etc |
MAT 2021
The All India Management Association (AIMA) administers the MAT entrance exam to over 600 B-schools across India. It is a four-times-a-year national entrance exam held in the months of February, May, September, and December.
MAT 2021 Highlights
| Official website | mat.aima.in |
| Last date of registration (December session) | November 28, 2021 |
| Availability of MAT admit card (December session) | November 29, 2021, at 4 PM |
| MAT exam date 2021 for PBT (December session) | December 5, 2021 |
| Top MBA colleges accepting MAT | TA Pai Management Institute, Manipal, National Institute of Technology, Warangal, Amity Business School, Noida, SRM Institute of Science and Technology, Chennai etc |
SNAP 2021
Symbiosis National Aptitude Test (SNAP) is a national entrance exam administered by Symbiosis International (Deemed) University for admission to its 16 MBA programmes.
SNAP 2021 Highlights
| Official website | snaptest.org |
| Last date for SNAP registration | November 27, 2021 |
| Availability of SNAP 2021 admit card | December 04, 2021 |
| SNAP exam date | December 19, 2021January 08, 2022January 16, 2022 |
| SNAP result date | February 01, 2022 |
| Top MBA colleges accepting SNAP | Symbiosis Institute of Business Management, Symbiosis Institute of Computer Studies & Research, Symbiosis Centre for Management and Human Resource Development, etc. |
NMAT 2021
Graduate Management Admission Council (GMAC) administers the Narsee Monjee Aptitude Test (NMAT), an international level entrance exam for admission to MBA colleges in India and abroad. Candidates can take the NMAT three times: once for the main exam and twice for retakes.
NMAT 2021 Highlights
| Official website | mba.com/nmat |
| NMAT 2021 registration last date | November 17, 2021 |
| NMAT 2021 exam date | October 14 to December 27, 2021 |
| NMAT 2021 result date | Last week of March 2022 |
| Top MBA colleges accepting NMAT | Xavier School of Human Resource Management – Bhubaneswar, SVKM’s Narsee Monjee Institute of Management Studies, Alliance University, etc |
Top 6 reasons to pursue MBA this year
- Many well-known business schools have begun to offer online MBA programmes in addition to distance MBA programmes. This version of MBA allows professionals and other MBA aspirants who have been unable to pursue MBA for various reasons to reconsider and enrol in the programmes.
- Due to the pandemic, the hostel fee and other fees are waived this year, allowing candidates to obtain a global degree at a low cost.
- The MBA degree provides students with the opportunity to meet and interact with a wide range of people both inside and outside of the business world.
- Candidates are exposed to the most recent skill set.
- MBA offers a wide range of career options because it includes specialisations such as General Management, International Business, and Accounting, among others.
- In both the public and private sectors, MBA graduates are paid higher salaries.