Business School News

Common MBA entrance exam from 2005
(THE TIMES OF INDIA)
New Delhi, Wednesday, October 29


New Delhi:

From 2005, there will be just one entrance exam common for all MBA and postgraduate management diploma programmes.

The new system will make the application process less expensive – from about Rs 20,000 the cost will come down to about Rs 1,500.

The ministry of human resource and development (HRD) has devised a common entrance exam structure, which will regulate admissions to state-run and private colleges.

Authorities say the move is aimed at streamlining the admission process.  However, the new system will be implemented in two phases.  In the first phase (exam in 2004 for the 2005 session), institutes will have to choose among one of five national – level tests, which will be conducted by various national bodies.

From the second phase (exam in 2005 for 2006 and onwards) entrance to all management programmes in the country will be through a common test. which will be devised by a national body.


Management educators seem happy with the move and feel it will benefit students.  “with institutes holding their own entrance tests, students some times face a lot of problems, like exam dates clashing.  The new structure will simplify the entrance procedure and will also be easier on the pocket, “ Principal, Sri Ram College of Commerce, Professor J L Gupta said.

Better MANAGEMENT


Test for 2005 session:                 


Institutes will choose from

  • CAT (conducted by IIMs)

  • JMET (conducted by IITs)

  • MAT (conducted by AIMA)

  • ATMA (conducted by AIMS)

  • XAT (conducted by XLRI)

Test for 2006, onwards :

All India entrance test common for
all MBA / PG diploma programmes

  
  WATCHDOG :


  Govt committee will ensure seat 
  allocation is governed by central 
  and state level authorities for 
  national and state admissions:  
 
All private institutes submit list 
  of students, their ranks, fees.  


Currently, the average cost of an entrance form for most management institutes is between Rs 1,000 and Rs 1,500.  With most students applying to several institutes across the country,  the average expenditure is usually quite high.


“I have applied to a number of institutes this year and spend close of Rs 20,000 on just the applications.  First, one has to pay for the prospectus, then there is the actual form, followed by other sundry expenses like postage, “ said Anamika Sen, a final year commerce student at Delhi University.


The ministry has constituted a national coordination committee to oversee enforcement of the new guidelines.