IIM CAT Result 2024: The Indian Institute of Management (IIM), Calcutta conducted the Common Admission Test (CAT) 2024 on November 24, 2024, at 389 exam centers across India. The much-awaited CAT 2024 results are expected to be announced in the second week of January 2025.
This exam is a gateway for candidates aspiring to enroll in flagship and executive programs offered by the Indian Institutes of Management (IIMs) and other top business schools in India. The CAT score for 2024 will remain valid until December 31, 2025.
CAT 2024: Key Highlights
The CAT 2024 witnessed the participation of approximately 2.93 lakh candidates out of the 3.29 lakh registered aspirants, marking an impressive 89% attendance rate.
Understanding the Percentile Score Calculation
The CAT percentile score is a crucial metric used for ranking candidates. To ensure clarity, the Quantitative Ability (QA) section is used here as an example to illustrate the calculation process. The same methodology is applied to compute the percentile scores for the other sections—Data Interpretation and Logical Reasoning (DILR) and Verbal Ability and Reading Comprehension (VARC)—as well as the overall percentile score.
Step-by-Step Calculation of Percentile Score
- Total Number of Candidates (N)
First, calculate the total number of candidates who appeared for the exam across all sessions (morning, afternoon, and evening). - Rank Assignment (r)
Assign ranks to candidates based on their scaled scores in the QA section. If two or more candidates achieve identical scaled scores, they are assigned the same rank. - Percentile Score Formula
Use the following formula to compute a candidate’s percentile score (P):
P=(N−r)N×100P = \frac{(N – r)}{N} \times 100P=N(N−r)×100 - Rounding Off
Round off the calculated percentile score to two decimal places.- Scores greater than or equal to 99.995 are rounded off to 100.
- Scores between 99.985 and 99.995 are rounded off to 99.99, and so on.
Example Illustration
Suppose exactly two candidates achieve the highest scaled score in the QA section. Both candidates are assigned a rank of 1. The candidate(s) with the second-highest scaled score will then be ranked 3, skipping rank 2, and so on. This ranking method ensures accuracy in percentile calculations.
CAT 2024: A Gateway to Prestigious Programs
Candidates who qualify for CAT 2024 will be eligible for admission to top IIMs and other leading business schools. These institutions use CAT scores as a benchmark for offering prestigious flagship and executive management programs.
Final Thoughts
The IIM CAT 2024 result is a significant milestone for candidates aiming to pursue advanced management studies in India. With a structured methodology for percentile calculation, the process ensures transparency and fairness. Aspirants are advised to keep track of official updates and prepare for the next steps in their admission journey.
Stay tuned for the result announcement in January 2025 and ensure that you are well-prepared for the admissions process that follows.
Stay Updated on the Latest Education News
To stay informed about the latest updates in education, board exams, college admissions, and study abroad opportunities, follow us regularly.
